Latin America Vacuum Therapy Devices Market Size & Outlook
The vacuum therapy devices market in Latin America is expected to reach a projected revenue of US$ 87.8 million by 2030. A compound annual growth rate of 2.7% is expected of Latin America vacuum therapy devices market from 2025 to 2030.
Revenue, 2024 (US$M)
$74.7
Forecast, 2030 (US$M)
$87.8
CAGR, 2025 - 2030
2.7%
Report Coverage
Latin America
Related Markets
Latin America vacuum therapy devices market highlights
- The Latin America vacuum therapy devices market generated a revenue of USD 74.7 million in 2024.
- The market is expected to grow at a CAGR of 2.7% from 2025 to 2030.
- In terms of segment, negative pressure wound therapy was the largest revenue generating product in 2024.
- Vacuum Constriction Devices is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 74.7 million |
| Market revenue in 2030 | USD 87.8 million |
| Growth rate | 2.7% (CAGR from 2025 to 2030) |
| Largest segment | Negative pressure wound therapy |
| Fastest growing segment | Vacuum Constriction Devices |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Negative Pressure Wound Therapy, Vacuum Constriction Devices |
Other key industry trends
- In terms of revenue, Latin America region accounted for 3.7% of the global vacuum therapy devices market in 2024.
- 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 623.8 million by 2030.
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Vacuum Therapy Devices Market Scope
Vacuum therapy devices market segmentation & scope
Vacuum Therapy Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Augustus HealthCare | View profile | 101-250 | Downers Grove, Illinois, United States, North America | https://augustushcs.com |
| Molnlycke Health Care | View profile | 5001-10000 | Gothenburg, Vastra Gotaland, Sweden, Europe | http://www.molnlycke.com/ |
| ConvaTec Group PLC | View profile | 10136 | 20 Eastbourne Terrace, 7th Floor, Paddington, London, United Kingdom, W2 6LG | https://www.convatecgroup.com |
| Smith & Nephew PLC | View profile | 18452 | Hatters Lane, Building 5, Croxley Park, Watford, Hertfordshire, United Kingdom, WD18 8YE | https://www.smith-nephew.com |
| Coloplast A/S ADR | View profile | 15930 | Holtedam 1-3, Humlebaek, Denmark, DK-3050 | https://www.coloplast.com |
| Cardinal Health Inc | View profile | 48000 | 7000 Cardinal Place, Dublin, OH, United States, 43017 | https://www.cardinalhealth.com |
| 3M Co | View profile | 85000 | 3M Center, St. Paul, MN, United States, 55144 | https://www.3m.com |
| Boston Scientific Corp | View profile | 48000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | https://www.bostonscientific.com |
Latin America vacuum therapy devices market size, by country, 2018-2030 (US$M)
Latin America Vacuum Therapy Devices Market Outlook Share, 2024 & 2030 (US$M)
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