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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Latin America Advanced Wound Care Market Trends
A significant Latin American population suffers from obesity which contributes to diabetes. Foot ulcers are a common diabetic complication, which is increasing the need for specialised foot care to protect the foot and the overall well-being of the patient.
The popularity of negative pressure wound therapy (NPWT) is also growing in the region to prevent several post-operative wound complications. It is also applied to wounds caused by burns, pressure ulcers, and diabetic ulcers.
Countries in Latin America, such as Mexico, are witnessing an increase in plastic surgeries, as it provides cost-effective cosmetic procedures. Plastic surgeries are also performed on wounds, such as burns that have limited the patient’s mobility, have caused a loss of sensation, or are cosmetically unappealing. The aftercare of cosmetic procedures includes cleaning, disinfection, and protection of the wound. Since the healing of the surgical site can be slow, it demands advanced wound care.
Latin America Advanced Wound Care Market Report Snapshots
Latin America Advanced Wound Care Market Trends
Latin America Advanced Wound Care Market Regional Analysis
Latin America Advanced Wound Care Companies
*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.*
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Key Questions Answered in the Report
The market reached a value of approximately USD 535.78 million in 2023.
The market is expected to grow at a CAGR of 5.50% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach around USD 730.88 million by 2032.
The advanced wound care products include therapy devices, exudate management, infection management, and active wound care.
The key regional markets for advanced wound care in Latin American are Brazil, Mexico, Argentina, and Chile, among others.
The factors driving the market growth are the increasing prevalence of diabetes cases, rising geriatric population, and investments in medical care and hospitals in the region.
The various end user include hospitals and clinics, community health service centres, and others.
The key players in the market include Smith & Nephew Plc, Essity Aktiebolag , Coloplast A/S, ConvaTec Group Plc , Mölnlycke Health Care AB, 3M Company, and Paul Hartmann AG, among others.
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Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +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
+84865399124