Mexico Traditional Wound Management Market Size & Outlook
Mexico traditional wound management market, 2018-2030 (US$M)
Related Markets
Mexico traditional wound management market highlights
- The Mexico traditional wound management market generated a revenue of USD 56.5 million in 2023 and is expected to reach USD 63.6 million by 2030.
- The Mexico market is expected to grow at a CAGR of 1.7% 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.
Traditional wound management market data book summary
| Market revenue in 2023 | USD 56.5 million |
| Market revenue in 2030 | USD 63.6 million |
| Growth rate | 1.7% (CAGR from 2023 to 2030) |
| Largest segment | Gauze |
| Fastest growing segment | Gauze |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Mexico accounted for 1.5% of the global traditional wound management market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil traditional wound management market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 45.3 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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Mexico 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 Mexico traditional wound management market based on gauze covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico is the second largest developing economy in Latin America after Brazil. High healthcare spending by both public and private sectors has increased the demand for advanced healthcare services. Thus, adoption of innovative products is high in Mexico. Moreover, rising geriatric population in the country is anticipated to drive the market.
For instance, as per World Bank, in Mexico, 6.6% of the total population is aged 65 or above. The geriatric population is likely to suffer from various diseases such as diabetes, cardiac conditions, and epilepsy owing to which market growth is anticipated 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 country-level data and insights on the Mexico traditional wound management market , including forecasts for subscribers. This country databook contains high-level insights into Mexico traditional wound management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico traditional wound management market size, by type, 2018-2030 (US$M)
Mexico Traditional Wound Management Market Outlook Share, 2023 & 2030 (US$M)
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