Mexico Wound Dressing Market Size & Outlook, 2023-2030
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Mexico wound dressing market highlights
- The Mexico wound dressing market generated a revenue of USD 216.4 million in 2023 and is expected to reach USD 296.2 million by 2030.
- The Mexico market is expected to grow at a CAGR of 4.6% from 2024 to 2030.
- In terms of segment, advanced dressings was the largest revenue generating product in 2023.
- Traditional Dressings is the most lucrative product segment registering the fastest growth during the forecast period.
Wound dressing market data book summary
| Market revenue in 2023 | USD 216.4 million |
| Market revenue in 2030 | USD 296.2 million |
| Growth rate | 4.6% (CAGR from 2023 to 2030) |
| Largest segment | Advanced dressings |
| Fastest growing segment | Traditional Dressings |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Mexico accounted for 1.5% of the global wound dressing 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 dressing 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 296.2 million by 2030.
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Wound Dressing Market Scope
Wound Dressing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico 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 54.9% in 2023. Horizon Databook has segmented the Mexico wound dressing market based on traditional dressings, advanced dressings 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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Target buyers of Mexico wound dressing market databook
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Our clientele includes a mix of wound dressing 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 wound dressing market , including forecasts for subscribers. This country databook contains high-level insights into Mexico wound dressing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico wound dressing market size, by product, 2018-2030 (US$M)
Mexico Wound Dressing Market Outlook Share, 2023 & 2030 (US$M)
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