Latin America Wound Dressing Markets, 2020-2030 - Shift in the Preference of Traditional Products to Advanced Therapies
ResearchAndMarkets.com s offering. One of the major factors fuelling the rise in the demand for wound dressing in Latin America (LATAM) is the soaring geriatric population in the many countries in the region.
Due to the rapid advancements in healthcare industry and development of advanced medical procedures, the life expectancy of people has increased, thereby increasing the geriatric population. According to the United Nations (UN), the population of people aged 60 years and above is predicted to rise from 12% of the total population to 25% of the total population from 2017 to 2050, in the LATAM and Caribbean regions.