Latin America Traditional Wound Management Market is set to grow with a CAGR of 2.9% over the forecast period. China is one of the leading manufacturers of traditional wound management. China
expected to reach USD 7.7 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a
CAGR of 3.7% from 2021 to 2028. The rising incidence of chronic diseases, increasing number of accidents, and rising number of ambulatory surgery centers (ASCs) are the key driving factors for the market.
Key suggestions from the report:
In terms of revenue, the acute wounds segment held the largest revenue share in 2020 owing to the rising cases of accidents and trauma globally
The gauze segment held the largest share in 2020 owing to its wide range of applicability in various types of injuries and availability of numerous products