Latin America Traditional Wound Management Market Size & Outlook
Latin America traditional wound management market, 2018-2030 (US$M)
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Latin America traditional wound management market highlights
- The Latin America traditional wound management market generated a revenue of USD 225.6 million in 2023.
- The market is expected to grow at a CAGR of 1.9% from 2024 to 2030.
- In terms of segment, gauze was the largest revenue generating type in 2023.
- Gauze is the most lucrative type 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 225.6 million |
| Market revenue in 2030 | USD 257.2 million |
| Growth rate | 1.9% (CAGR from 2023 to 2030) |
| Largest segment | Gauze |
| Fastest growing segment | Gauze |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gauze |
| Key market players worldwide | 3M Co, ConvaTec Group PLC, DeRoyal, Hollister, Integra Lifesciences Holdings Corp, Coloplast A/S Class B, Medtronic PLC, Molnlycke Health Care, Smith & Nephew PLC, B. Braun, Johnson & Johnson |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.2% of the global traditional wound management 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 1,424.5 million by 2030.
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Traditional Wound Management Market Scope
Traditional Wound Management Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America traditional wound management 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 traditional wound management market will help companies and investors design strategic landscapes.
Gauze was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America traditional wound management market based on gauze covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America is anticipated to grow at a significant rate during the forecast period. Presence of developing economies such as Brazil and Mexico is expected to primarily drive the overall Latin American market. Availability of advanced treatment options at low cost in Latin America is making the region more preferred for medical tourism.
In addition, governments of Latin American countries are consistently involved in improving healthcare infrastructure. Thus, such factors are expected to promote growth of traditional wound management market over the forecast period.
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Our clientele includes a mix of traditional wound management 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 continent-level data and insights on the Latin America traditional wound management market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America traditional wound management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America traditional wound management market size, by country, 2018-2030 (US$M)
Latin America Traditional Wound Management Market Outlook Share, 2023 & 2030 (US$M)
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