Latin America Wound Dressing Market Size & Outlook
Latin America wound dressing market, 2018-2030 (US$M)
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Latin America wound dressing market highlights
- The Latin America wound dressing market generated a revenue of USD 1,111.4 million in 2023.
- The market is expected to grow at a CAGR of 4.5% from 2024 to 2030.
- In terms of segment, advanced dressings was the largest revenue generating product in 2023.
- Advanced Dressings is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 1,111.4 million |
| Market revenue in 2030 | USD 1,514.9 million |
| Growth rate | 4.5% (CAGR from 2023 to 2030) |
| Largest segment | Advanced dressings |
| Fastest growing segment | Advanced Dressings |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Traditional Dressings, Advanced Dressings |
| Key market players worldwide | Smith & Nephew PLC, ConvaTec Group PLC, Johnson & Johnson, Coloplast A/S ADR, URGO, 3M Co, Integra LifeSciences, Paul Hartmann, Medline Industries, Brightwake, Bombay Dyeing, Molnlycke Health Care, Dr. Ausbüttel & Co. |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.8% of the global wound dressing 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 3,148.3 million by 2030.
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Wound Dressing Market Scope
Wound Dressing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America wound dressing 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 dressing market will help companies and investors design strategic landscapes.
Advanced dressings was the largest segment with a revenue share of 57.96% in 2023. Horizon Databook has segmented the Latin America wound dressing market based on traditional dressings, advanced dressings 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 wound dressings market over the forecast period.
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Our clientele includes a mix of wound dressing 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 wound dressing market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America wound dressing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America wound dressing market size, by country, 2018-2030 (US$M)
Latin America Wound Dressing Market Outlook Share, 2023 & 2030 (US$M)
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