Latin America Hemostasis & Tissue Sealing Agents Market Size & Outlook
Latin America hemostasis & tissue sealing agents market, 2018-2030 (US$M)
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Latin America hemostasis & tissue sealing agents market highlights
- The Latin America hemostasis & tissue sealing agents market generated a revenue of USD 558.7 million in 2023.
- The market is expected to grow at a CAGR of 8.1% from 2024 to 2030.
- In terms of segment, topical hemostat was the largest revenue generating product in 2023.
- Topical hemostat is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 558.7 million |
| Market revenue in 2030 | USD 965.7 million |
| Growth rate | 8.1% (CAGR from 2023 to 2030) |
| Largest segment | Topical hemostat |
| Fastest growing segment | Topical hemostat |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Topical hemostat, Adhesive & tissue sealant |
| Key market players worldwide | Johnson & Johnson, Cryolife, Cohera Medical, Pfizer Inc, Becton Dickinson & Co, Baxter International Inc, HyperBranch Medical Technology, Zimmer Biomet Holdings Inc, B. Braun Medical, Smith & Nephew PLC, Advanced Medical Solutions, Integra Lifesciences Holdings Corp |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.0% of the global hemostasis & tissue sealing agents market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 954.2 million by 2030.
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Hemostasis & Tissue Sealing Agents Market Scope
Hemostasis & Tissue Sealing Agents Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America hemostasis & tissue sealing agents 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 hemostasis & tissue sealing agents market will help companies and investors design strategic landscapes.
Topical hemostat was the largest segment with a revenue share of 63.4% in 2023. Horizon Databook has segmented the Latin America hemostasis & tissue sealing agents market based on topical hemostat, adhesive & tissue sealant covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America is governed by the American Professional Wound Care Association (APWCA). The region is expected to witness lucrative growth over the forecast period owing to various initiatives undertaken by public & private organizations to expand their global presence.
In 2013, CryoLife appointed a new sales manager to help intensify marketing efforts and ultimately expand the sales of their devices in Latin America. Prevalence of cardiovascular diseases and obesity is increasing.
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Our clientele includes a mix of hemostasis & tissue sealing agents market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America hemostasis & tissue sealing agents market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America hemostasis & tissue sealing agents market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America hemostasis & tissue sealing agents market size, by country, 2018-2030 (US$M)
Latin America Hemostasis & Tissue Sealing Agents Market Outlook Share, 2023 & 2030 (US$M)
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