The South America wound dressing market is expected to grow from US$ 657.64 million in 2022 to US$ 911.56 million by 2028; it is estimated to grow at a CAGR of 5.6% from 2022 to 2028.
The new paradigm of value-based care is already changing how care is delivered. The increasing adoption of advanced wound dressings results in better care for individuals. A variety of wound dressings are available based on physical performances, characteristics, and costs. Antimicrobial dressing is the key trend currently being used as an alternative to traditional dressings and systemic antibiotics. Antimicrobial dressings are loaded with antimicrobial agents that reduce wound bacterial colonization and infection to improve healing. Due to the high functional efficiency in post-surgical care and burns, antimicrobial wound dressings are rapidly replacing conventional wound dressings.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the South America wound dressing market. The South America wound dressing market is expected to grow at a good CAGR during the forecast period.
South America Wound Dressing Market Revenue and Forecast to 2028 (US$ Million)
South America Wound Dressing Market Segmentation
The South America wound dressing market is segmented based on type, application, end user, and country. Based on wound dressing type, the South America wound dressing market is bifurcated into advanced wound dressing and traditional wound dressing. The advanced wound dressing segment dominated the market in 2022. The advanced wound dressing segment is subsegmented into foam dressings, superabsorbent dressings, film dressings, hydrocolloids dressings, wound contact layers, collagen dressings, and others. The traditional wound dressing segment is further segmented into dry dressings, surgical tapes, and anti-infective dressings. Based on application, the South America wound dressing market is bifurcated into chronic wound and acute wound. The chronic wound segment dominated the market in 2022. The chronic wound segment is further segmented into pressure ulcers, diabetic foot ulcers, venous leg ulcers, and other chronic wounds. The acute wound segment is bifurcated into surgical and traumatic wounds and burns wounds. Based on end user, the South America wound dressing market is segmented into hospitals, ambulatory surgical centers, clinics, and others. The hospitals segment dominated the market in 2022. Based on country, the South America wound dressing market has been categorized into Brazil, Argentina, and the Rest of South America. Brazil dominated the market in 2022.
3M; Advancis Medical; Axio Biosolutions Pvt Ltd; Coloplast Corp; Convatec Inc.; Integra LifeSciences Holdings Corporation; Medline Industries, Inc.; Medtronic; Mölnlycke Health Care AB.; and Smith+Nephew are among the leading companies in the South America wound dressing market.