Latin America First Aid Market Size & Outlook, 2023-2030
Latin America first aid market, 2018-2030 (US$M)
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Latin America first aid market highlights
- The Latin America first aid market generated a revenue of USD 358.0 million in 2023.
- The market is expected to grow at a CAGR of 4.8% from 2024 to 2030.
- In terms of segment, first aid supplies - workplace was the largest revenue generating type in 2023.
- Automated External Defibrillators is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 358.0 million |
| Market revenue in 2030 | USD 496.4 million |
| Growth rate | 4.8% (CAGR from 2023 to 2030) |
| Largest segment | First aid supplies - workplace |
| Fastest growing segment | Automated External Defibrillators |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | First Aid Supplies - Workplace, First Aid Supplies - Consumer, First Aid Room Equipment, Sports Care/Braces, Medicinal products, Topicals, First Aid Training products, Automated External Defibrillators |
| Key market players worldwide | 3M Co, Johnson & Johnson, Coloplast A/S ADR, Stryker Corp, Smith & Nephew PLC, ConvaTec Group PLC, Hartmann Holdings |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.8% of the global first aid market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,031.6 million by 2030.
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First Aid Market Scope
First Aid Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America first aid 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 first aid market will help companies and investors design strategic landscapes.
First aid supplies - workplace was the largest segment with a revenue share of 27.77% in 2023. Horizon Databook has segmented the Latin America first aid market based on first aid supplies - workplace, first aid supplies - consumer, first aid room equipment, sports care/braces, medicinal products, topicals, first aid training products, automated external defibrillators covering the revenue growth of each sub-segment from 2018 to 2030.
The Latin America first aid market is primarily driven by developments in Brazil, Mexico, and Argentina. Growing investments by market players in the region, proximity to North America, and free-trade agreements with major countries such as the U.S., Canada, Japan, & several European countries are anticipated to boost the regional market during the forecast period.
In many Latin American countries, the government is responsible for providing healthcare services. These services are often offered through a national health system or public hospitals that provide emergency medical care. The healthcare infrastructure in Latin America varies depending on the country. While some countries have well-equipped hospitals and medical facilities, others may lack basic resources such as medical equipment and supplies.
However, emergency care centers are available in many Latin American countries. These centers provide EMSs to people in need, including critical care services, emergency care, and trauma care.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America first aid market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America first aid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America first aid market size, by country, 2018-2030 (US$M)
Latin America First Aid Market Outlook Share, 2023 & 2030 (US$M)
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