Colombia Chronic Wound Care Market Size & Outlook
Colombia chronic wound care market, 2018-2030 (US$M)
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Colombia chronic wound care market highlights
- The Colombia chronic wound care market generated a revenue of USD 115.4 million in 2023 and is expected to reach USD 157.0 million by 2030.
- The Colombia market is expected to grow at a CAGR of 4.5% from 2024 to 2030.
- In terms of segment, advanced wound dressing was the largest revenue generating product in 2023.
- Advanced Wound Dressing is the most lucrative product segment registering the fastest growth during the forecast period.
Chronic wound care market data book summary
| Market revenue in 2023 | USD 115.4 million |
| Market revenue in 2030 | USD 157.0 million |
| Growth rate | 4.5% (CAGR from 2023 to 2030) |
| Largest segment | Advanced wound dressing |
| Fastest growing segment | Advanced Wound Dressing |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Advanced Wound Dressing, Surgical Wound Care, Traditional Wound Care, Wound Therapy Devices |
| Key market players worldwide | Johnson & Johnson, Baxter International Inc, Coloplast A/S ADR, 3M Co, ConvaTec Group PLC, Integra Lifesciences Holdings Corp, Smith & Nephew PLC, Medline Industries, Molnlycke Health Care, Paul Hartmann |
Other key industry trends
- In terms of revenue, Colombia accounted for 0.9% of the global chronic wound care market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil chronic wound care market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 447.3 million by 2030.
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Chronic Wound Care Market Scope
Chronic Wound Care Market Companies
| Name | Profile | # Employees | HQ | Website |
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Colombia chronic wound care market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to chronic wound care market will help companies and investors design strategic landscapes.
Advanced wound dressing was the largest segment with a revenue share of 34.75% in 2023. Horizon Databook has segmented the Colombia chronic wound care market based on advanced wound dressing, surgical wound care, traditional wound care, wound therapy devices covering the revenue growth of each sub-segment from 2018 to 2030.
Healthcare spending in Argentina represents around 7.0% of the total GDP. Around 70.0% to 75.0% of medical products in Argentina are imported. Argentina mostly imports medical devices from the U.S. Argentina is one of the key markets for the U.S. in Latin America.
The U.S. is one of Argentina's noteworthy exporters and is positioned among the best three source nations in FDI. Furthermore, unavailability or limited availability of resources in Argentina has also restrained many major market players to enter into the market.
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Our clientele includes a mix of chronic wound care market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Colombia chronic wound care market , including forecasts for subscribers. This country databook contains high-level insights into Colombia chronic wound care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Colombia chronic wound care market size, by product, 2018-2030 (US$M)
Colombia Chronic Wound Care Market Outlook Share, 2023 & 2030 (US$M)
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