Market revenue in 2023 | USD 592.5 million |
Market revenue in 2030 | USD 769.5 million |
Growth rate | 3.8% (CAGR from 2023 to 2030) |
Largest segment | Foam dressings |
Fastest growing segment | Hydrocolloid Dressings |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Foam Dressings, Hydrocolloid Dressings, Film Dressings, Alginate Dressings, Hydrogel Dressings, Collagen Dressings, Other Advanced Dressings |
Key market players worldwide | 3M Co, Coloplast A/S ADR, Medline Industries, Smith & Nephew PLC, ConvaTec Group PLC, Integra Lifesciences Holdings Corp, Johnson & Johnson, Baxter International Inc, Medtronic PLC, Investor AB Class A |
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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 advanced wound dressing market will help companies and investors design strategic landscapes.
Foam dressings was the largest segment with a revenue share of 23.8% in 2023. Horizon Databook has segmented the Latin America advanced wound dressing market based on foam dressings, hydrocolloid dressings, film dressings, alginate dressings, hydrogel dressings, collagen dressings, other 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 advanced wound dressing market over the forecast period.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America advanced wound dressing market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America advanced wound dressing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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