The Latin America advanced wound care market was valued at USD 816.30 Million in 2024, driven by the improving healthcare access, accelerating the development of hospitals and primary healthcare centres across the region. The market is anticipated to grow at a CAGR of 4.00% during the forecast period of 2025-2034 to achieve a value of USD 1208.32 Million by 2034.
Base Year
Historical Year
Forecast Year
The market is experiencing significant growth due to the rising prevalence of chronic wounds, diabetic foot ulcers, and pressure ulcers, driving demand for innovative wound management solutions.
Technological advancements in biomaterials, 3D bioprinting, and regenerative medicine are revolutionising wound healing in Latin America, enhancing treatment efficacy and reducing hospital stays, thereby fostering market expansion.
Increasing healthcare investments, improved access to advanced wound care products, and growing awareness about infection prevention are expected to boost market penetration across hospitals, specialty clinics, and home healthcare settings.
Value in USD Million
2025-2034
Latin America Advanced Wound Care Market Outlook
*this image is indicative*
Advancing wound care involves cutting-edge technologies, innovative dressings, and evidence-based treatments to enhance healing efficiency and patient comfort. Modern solutions, including moist dressings, antimicrobial agents, bioactive materials, and negative pressure wound therapy (NPWT), help manage acute and chronic wounds effectively. With a focus on infection control, faster recovery, and reduced complications, advancements in biotechnology, 3D bioprinting, and regenerative medicine are shaping the future of wound care. These innovations improve clinical outcomes and expand treatment accessibility, particularly in hospitals, specialty clinics, and home healthcare settings.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Innovative NPWT Dressing to Drive Market Growth
The increasing prevalence of chronic wounds, rising adoption of negative pressure wound therapy (NPWT), and the need for time-efficient wound care solutions are key drivers of market growth in Latin America. For instance, In September 2024, Solventum introduced V.A.C.® Peel and Place Dressing, an integrated NPWT dressing that reduces application time to under two minutes and stays in place for up to seven days. The simplified, all-in-one design minimises training requirements, while the non-adherent layer reduces tissue trauma during removal. This innovation is expected to improve hospital efficiency, patient outcomes, and homecare accessibility, making it a key contributor to Latin America’s advanced wound care market expansion in the forecast period.
Adoption of Cold Plasma Technology to Bolster Latin America Advanced Wound Care Market Value
The rising burden of chronic wounds, increasing awareness of innovative wound-healing technologies, and regulatory approvals are driving market expansion in Latin America. For instance, in December 2023, terraplasma medical GmbH launched its cold atmospheric plasma (CAP) device, plasma care, in Brazil, supported by Alya Pharma. The ANVISA-approved technology effectively reduces wound infections, stimulates tissue regeneration, and offers a painless treatment option. Presented at the SIITTRAL Plastic Surgery Conference, this innovation enhances acute and chronic wound care and has potential future applications in dermatology. The growing demand for non-invasive, antimicrobial solutions is set to boost market penetration and adoption of cold plasma technology across Latin America in the coming years.
The market is witnessing several trends and developments to improve the current scenario. Some of the notable trends are as follows:
Latin America Advanced Wound Care Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product
Market Breakup by Wound Type
Market Breakup by End User
Market Breakup by Country
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Skin Substitutes to Dominate the Segment by Product
The skin substitutes segment is poised to hold the largest market share by product driven by the rising prevalence of chronic wounds, especially diabetic foot ulcers and pressure ulcers. The increasing adoption of bioengineered skin substitutes due to their efficacy in promoting faster wound healing, reducing infection risks, and minimising hospital stays is boosting demand. Additionally, technological advancements in regenerative medicine and growing investments in biotechnology are further accelerating market growth. As healthcare providers prioritise biological wound healing solutions, skin substitutes are expected to lead the product segment, driving market expansion in the forecast period.
Chronic Wounds to Lead the Latin America Advanced Wound Care Market Segmentation by Wound Type
The chronic wounds segment is expected to dominate the market by wound type, primarily due to the rising incidence of diabetes, vascular diseases, and pressure ulcers. The increasing geriatric population, which is more susceptible to chronic wounds, further fuels market demand. Additionally, growing awareness about advanced wound care therapies and the expansion of specialised wound care centres are contributing to segment growth. Innovations in moist and bioactive wound dressings, coupled with the rising adoption of personalised wound care approaches, are expected to enhance treatment outcomes, making chronic wounds the leading segment in market share.
Hospitals to Lead the End User Segment
The hospital segment is set to dominate the Latin America advanced wound care market by end users, driven by high patient inflow, advanced healthcare infrastructure, and the availability of skilled professionals. Hospitals account for the majority of wound care procedures, including surgical interventions, negative pressure wound therapy, and advanced dressing applications. Additionally, government investments in hospital-based wound management programmes and the increasing number of specialised wound care units are strengthening market growth. The demand for hospital-based treatment is further propelled by the rising incidence of complex chronic wounds, making hospitals the leading end-user segment in the forecast period.
Brazil is poised to lead the market, driven by its large population, expanding healthcare infrastructure, and high burden of chronic diseases such as diabetes and vascular disorders. The country's growing elderly population, which is more prone to chronic wounds, further fuels market demand. Additionally, government initiatives to improve wound care management, coupled with the rising adoption of advanced wound care products in hospitals and specialised clinics, are accelerating growth. Brazil also benefits from strong regulatory approvals, increasing investment in healthcare technology, and a growing presence of international wound care companies, making it the dominant country in the market for the forecast period.
The key features of the market report comprise patent analysis, grants analysis, funding and investment analysis, and strategic initiatives by the leading players. The major companies in the market are as follows:
Headquartered in London, UK, Smith & Nephew Plc was established in 1856 and has grown into a global leader in medical technology. The company specialises in advanced wound care, orthopaedics, and sports medicine. In April 2024, Smith & Nephew launched the RENASYS EDGE Negative Pressure Wound Therapy (NPWT) System in the US, designed as a lightweight, compact, and quiet solution for chronic wound management. This innovation reinforces the company’s commitment to enhancing patient comfort and mobility, while strengthening its presence in the market.
Headquartered in Minnesota, USA, 3M Company was established in 1902 and is a leading global player in advanced wound care. The company offers a diverse portfolio, including negative pressure wound therapy (NPWT), antimicrobial dressings, and surgical wound care solutions. In October 2024, its Medical Solutions Division secured a $34.2 million award from the U.S. Army Medical Research Acquisition Activity to develop advanced infection prevention and wound healing solutions, particularly for mass casualty and delayed evacuation scenarios. This initiative strengthens 3M’s research in biofilm control, biomarker monitoring, and trauma wound healing, reinforcing its influence in Latin America's growing wound care market.
Founded in 1886 and headquartered in New Jersey, USA, Johnson & Johnson is a global healthcare giant with a significant role in advanced wound care. In Latin America, the company offers surgical and traumatic wound dressings, hemostatic agents, antimicrobial solutions, and tissue regeneration products. Its research-driven innovations enhance wound healing efficiency, making it a preferred choice in hospitals and specialty clinics. With strong regional partnerships and a commitment to improving patient outcomes, Johnson & Johnson continues to be a key player in the Latin American advanced wound care market.
Established in 1849 and headquartered in Gothenburg, Sweden, Mölnlycke Health Care AB is a leading provider of advanced wound care solutions. The company’s portfolio in Latin America includes foam dressings, antimicrobial dressings, negative pressure wound therapy, and surgical wound care products. Mölnlycke is recognised for its high-performance dressings designed to enhance healing, reduce pain, and lower infection risks. Its expanding market presence, strong distribution networks, and commitment to sustainable healthcare solutions make it a trusted name in Latin American hospitals, clinics, and home healthcare settings.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players in the market include Convatec Group Plc, Coloplast A/S, Baxter International Inc., and Medtronic Plc.
India Disposable Medical Gloves Market
North America Breast Implants Market
North America Gene Expression Market
North America Balloon Catheters Market
North America Clinical Nutrition Market
North America Hemoglobinopathies Market
Europe Balloon Catheters Market
Europe Dental Disposables Market
Latin America Advanced Wound Care Market Trends
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product |
|
| Breakup by Wound Type |
|
| Breakup by End User |
|
| Breakup by Country |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
Datasheet
One User
USD 2,699
USD 2,429
tax inclusive*
Single User License
One User
USD 4,299
USD 3,869
tax inclusive*
Five User License
Five User
USD 5,799
USD 4,949
tax inclusive*
Corporate License
Unlimited Users
USD 6,999
USD 5,949
tax inclusive*
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Small Business Bundle
Growth Bundle
Enterprise Bundle
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Number of Reports: 3
20%
tax inclusive*
Small Business Bundle
Number of Reports: 5
25%
tax inclusive*
Growth Bundle
Number of Reports: 8
30%
tax inclusive*
Enterprise Bundle
Number of Reports: 10
35%
tax inclusive*
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
Share