Brazil Wound Closure And Advanced Wound Care Market Size & Outlook
Brazil wound closure and advanced wound care market, 2018-2030 (US$M)
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Brazil wound closure and advanced wound care market highlights
- The Brazil wound closure and advanced wound care market generated a revenue of USD 25.1 million in 2023 and is expected to reach USD 32.1 million by 2030.
- The Brazil market is expected to grow at a CAGR of 3.6% from 2024 to 2030.
- In terms of segment, fibrin-based sealants was the largest revenue generating product in 2023.
- Hydrocolloids-based Sealants is the most lucrative product segment registering the fastest growth during the forecast period.
Wound closure and advanced wound care market data book summary
| Market revenue in 2023 | USD 25.1 million |
| Market revenue in 2030 | USD 32.1 million |
| Growth rate | 3.6% (CAGR from 2023 to 2030) |
| Largest segment | Fibrin-based sealants |
| Fastest growing segment | Hydrocolloids-based Sealants |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fibrin-based Sealants, Collagen-based Sealants, Hydrocolloids-based Sealants, Synthetic Adhesives |
| Key market players worldwide | Smith & Nephew PLC, Molina Healthcare Inc, Acelity, ConvaTec Group PLC, Baxter International Inc, Johnson & Johnson, Coloplast A/S ADR, Medtronic PLC, 3M Co, Medline Industries |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.8% of the global wound closure and advanced wound care market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil wound closure and advanced wound care market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 30.0 million by 2030.
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Wound Closure And Advanced Wound Care Market Scope
Wound Closure And Advanced Wound Care Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil wound closure and advanced wound care 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 wound closure and advanced wound care market will help companies and investors design strategic landscapes.
Fibrin-based sealants was the largest segment with a revenue share of 28.69% in 2023. Horizon Databook has segmented the Brazil wound closure and advanced wound care market based on fibrin-based sealants, collagen-based sealants, hydrocolloids-based sealants, synthetic adhesives covering the revenue growth of each sub-segment from 2018 to 2030.
Increase in medical tourism and availability of advanced treatments at affordable cost are the major driving factors for the market. Moreover, well-defined regulatory framework set by health agencies, such as Brazilian Health Regulatory Agency (Anvisa), and availability of experienced professionals are some of the major factors fueling the demand for wound closure & advanced wound care products. In addition, government programs and presence of notable private insurance coverage are also expected to drive the market in Brazil over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil wound closure and advanced wound care market , including forecasts for subscribers. This country databook contains high-level insights into Brazil wound closure and advanced wound care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil wound closure and advanced wound care market size, by product, 2018-2030 (US$M)
Brazil Wound Closure And Advanced Wound Care Market Outlook Share, 2023 & 2030 (US$M)
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