Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Latin America Negative Pressure Wound Therapy Devices Market: By type, by application, by end user and Country
Latin America Negative Pressure Wound Therapy Devices Market size was valued at US$ 191.2 million in 2022 and is poised to grow at a CAGR of 6.9% from 2023-2029. Latin America Negative Pressure Wound Therapy Devices Market is also known as vacuum assisted closure therapy or Wound VAC. Negative pressure wound therapy is type of therapy in which suction is used to draw fluids and drain away from an open wound. A special type of dressing is used to create the vacuum environment at the site of wound that increases the blood flow and also keeps the area clean. This will help to prevent and heal the infection. Devices for the negative pressure wound therapy may be mechanical or powered (electrical).
Latin America negative pressure wound therapy (NPWT) devices market is mainly driven by the technological advancements that overcome the disadvantages or risks involved in negative pressure wound therapy, growing prevalence rates of diabetes and ageing population who are more susceptible to the chronic or acute wounds. Furthermore, development of small and portable NPWT devices that adds on to the patient acceptability is expected to boost the market revenue growth. However, lack of skilled professionals and availability of alternative wound therapy techniques may hamper the market growth over the forecast period.
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Market Size in 2022 |
US$ 191.2 million |
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The latin america negative pressure wound therapy devices market size was valued at US$ 191.2 million in 2022
The report covers the countries market data: Brazil, Mexico, Argentina
Acelity L.P. Inc. (U.S.) Smith & Nephew Plc (U.K.) Devon International Group, Inc. (U.S.) Cardinal Health, Inc. (U.S.) Medela (Olle Larsson Holding AG) (Switzerland)
Key Market Players