(PharmaNewsWire.Com, December 01, 2017 ) Latin America Wound Dressing Market: By Type (Traditional, Advanced) By Product (Advanced (Foam Dressing, Hydrocolloid Dressing, Film Dressing, Alginate Dressing, Hydrogel Dressing, Collagen Dressing), Traditional (Artificial Skin & Skin Substitutes, Topical Agents, Wound closure products, Anti-infective dressings, Gauze, Lint, Plaster, bandages (natural or synthetic) and cotton wool)), By Geography (Brazil, Mexico, Argentina, and others) – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2023
Wound is a disruption of skin epithelial lining or mucosa which results in thermal or physical damage. Depending upon the healing nature and duration, wound is classified into two types that is chronic wounds and acute wounds. Wounds can be caused because of the incisions made in the body during surgeries. Wound dressing is treating the wounds by both external and internal surgical procedures. Traditional wound dressings are used to treat acute wounds while advanced wound dressings are used to treat chronic wounds.
Latin America Wound Dressing Market is majorly driven by advancements in the technologies and problems associated with traditional wound healing methods. Furthermore, increase in aging of population, government initiatives, and dire need of rapid and safe treatment for chronic wounds is expected to accelerate growth of the Latin America Wound Dressing Market. Rise in prevalence of lifestyle disorders leads to chronic wounds like venous leg ulcer, pressure ulcer, diabetic foot ulcer are expected to fuel the growth of Latin America Wound Dressing Market. However, high cost associated with the treatment, lack of awareness and reimbursement issues of new technologies are major restraints of Latin America Wound Dressing Market.
Latin America Wound Dressing Market is segmented as Brazil, Mexico, and Argentina, and rest of Latin America. Latin America market is one of the rapid growing market owing to the emerging economic conditions, presence of large untapped areas, fast urbanization, advancements in technologies, growing prevalence and incidence of diabetes etc. As per Global Status Report on Road Safety, about 16700 deaths were reported due to road accidents in Mexico in 2013. According to Data of World Bank, about 1.3Mn deaths were reporting every year in Latin American Countries due to the road accidents. According to International Diabetes Federation, around 1.7 Mn people are diagnosed with Diabetes every year in Latin America.
Some of the players in Latin America Wound Dressing Market, Smith & Nephew plc (UK), Hematris wound care GmbH (Germany), Wound Care Technologies, Inc. (U.S.), Baxter International Inc. (U.S.), Mölnlycke Health Care AB (Sweden), Acelity LP Inc. (U.S.), Coloplast A/S (Denmark), ConvaTec Group Plc (UK), IonMed (Israel), Ethicon, Inc. (U.S.), Medtronic plc (U.S.), 3M Company (U.S.), Derma Sciences, Inc. (U.S.), BSN Medical GmbH (Germany).
Latin America Wound Dressing Market report gives a comprehensive outlook of Wound Dressing usage or adoption across the globe with special emphasis on key regions such as Argentina, Brazil, and Mexico. This report on Latin America Wound Dressing Market gives historical, current, and future market sizes (US$ Mn) of product, types, end users, and geographic regions. This report studies Latin America Wound Dressing Market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, Latin America Wound Dressing Market report covers newer product introductions and competition analysis with vividly illustrated competition dashboard to assess the market competition. Moreover, PBI analysed Latin America Wound Dressing Market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the Latin America Wound Dressing Market report include suppliers, manufacturers, marketers, policy makers engaged in manufacturing and supply of products.
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