Latin America Advanced Wound Care Market

The repor "Latin America Advanced Wound Care Market by Product (Foam, Hydrocolloid, Film, Alginate, Collagen), Wound Type (Chronic (Diabetic Foot Ulcers, Pressure Ulcers), Acute (Surgical, Burns)), End User (Hospitals, Clinics, ASCs), Region - Forecast to 2030", is valued at an estimated USD 312.8 million in 2025. This market is projected to reach USD 498.2 million by 2030, at a CAGR of 9.8% during the forecast period.

Browse 186 market data Tables and 47 Figures spread through 221 Pages and in-depth TOC on "Latin America Advanced Wound Care Market by Product (Foam, Hydrocolloid, Film, Alginate, Collagen), Wound Type (Chronic (Diabetic Foot Ulcers, Pressure Ulcers), Acute (Surgical, Burns)), End User (Hospitals, Clinics, ASCs), Region - Forecast to 2030"
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The LATAM advanced wound care market is fueled by the increasing incidence of chronic conditions impairing wound healing. These include the expansion of the geriatric population and the emergence of age-associated syndromes; the rising incidence of diabetes; and increasing cases of obesity. The growing number of burn injuries and the rising trauma cases and road accidents are also expected to boost market growth during the forecast period. However, the high cost of advanced wound care products and a shortage of healthcare professionals are expected to restrain market growth to a certain extent. However, the expansion of healthcare infrastructure and the uptake of advanced technologies coupled with the universal healthcare coverage in the LATAM advanced wound care market are expected to provide an impetus for market growth during the forecast period.

By wound type, chronic wounds segment is expected to grow at highest CAGR during forecast period

The LATAM advanced wound care market is segmented into acute wounds and chronic wounds. The chronic wounds segment accounted for the largest share of the market in 2024. The large share of this segment can be attributed to the rising number of traffic accidents, workplace injuries, and other trauma-related incidents that require immediate medical care. The increasing number of surgical procedures is also expected to drive the demand for post-operative wound care, fueling this segment's market growth.

By end user, hospitals & clinics segment accounted for largest market share in 2024

By end users, the LATAM advanced wound care market is divided into hospitals & clinics, ambulatory surgery centers, home care settings, and other end users. In 2024, the hospitals & clinics segment accounted for the largest share of the market. The rising incidence of pressure ulcers and post-operative wounds stimulates the need for advanced wound care products in hospitals & clinics. Hospital visits for wound care have also increased due to the expanding geriatric population and the associated rise in diabetic foot ulcers and pressure ulcers. The efficiency of hospitals & clinics with efficient staff, established protocols, and the availability of several advanced wound care products are expected to contribute to market growth.

Brazil accounted for largest share of LATAM advanced wound care market in 2024

The LATAM advanced wound care market is segmented into Brazil, Mexico, Colombia, Argentina, Peru, Chile, and the rest of Latin America. Brazil accounted for the largest market share of 42.3% in the LATAM advanced wound care market. The increasing prevalence of diabetes, the rising number of surgical procedures, and the presence of leading LATAM advanced wound care manufacturing companies in Brazil contribute to market growth. Brazil has also observed a rise in obesity cases and road accidents, which are expected to fuel market adoption of advanced wound care products.

Key Players

Prominent players in the LATAM advanced wound care market include Solventum (US), Smith+Nephew (UK), Cardinal Health (US), B. Braun SE (Germany), Mölnlycke AB (Sweden), Essity Aktiebolag (Sweden), Convatec Group PLC (UK), PAUL HARTMANN AG (Germany), Coloplast Group (Denmark), Integra LifeSciences Corporation (US), MATIV HOLDINGS, INC. (US), Owens & Minor (US), and AVERY DENNISON CORPORATION (US).

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