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South & Central America Wound Closure Devices Market Size and Forecast (2021 - 2031), Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product (Sutures, Adhesives, Staplers, Strips, and Other Products), Wound Type (Chronic Wound

Published Oct 17, 2025
Length 157 Pages
SKU # TIP20887755

Description

The South & Central America wound closure device market is projected to grow significantly, reaching an estimated US$ 387.35 million by 2031, up from US$ 306.05 million in 2024. This growth represents a compound annual growth rate (CAGR) of 3.4% from 2025 to 2031.

Executive Summary and Market Analysis

The wound closure devices market in South & Central America is primarily segmented into Brazil, Argentina, and other countries in the region. The growth of this market is largely attributed to increasing collaborations between public and private sectors, as well as a rise in chronic wound cases linked to the growing prevalence of diabetes and other chronic diseases.

As life expectancy continues to rise, the elderly population in countries like Brazil, Argentina, and Mexico is expanding, leading to a higher incidence of chronic diseases such as diabetes and cardiovascular conditions that often necessitate surgical interventions. Older adults are particularly vulnerable to chronic wounds, including diabetic foot ulcers, pressure ulcers, and venous ulcers, which require effective wound closure solutions for optimal healing.

The increasing prevalence of chronic diseases is resulting in more patients undergoing surgical procedures, thereby driving the demand for wound closure devices. In Colombia, part of the 19 countries in the International Diabetes Federation (IDF) South & Central America (SACA) region, there is a significant burden of diabetes. Globally, approximately 537 million people are living with diabetes, with over 33 million affected in the SACA region. This number is expected to rise to 49 million by 2045. In Colombia alone, as of 2021, the adult population was around 34.9 million, with a diabetes prevalence rate of 9.9%, indicating that about 3.4 million adults are living with diabetes.

Countries like Brazil and Colombia are making substantial investments to modernize and enhance their healthcare systems. For instance, Brazil's More Doctors Program aims to improve healthcare access and quality by building new hospitals, upgrading existing facilities, and enhancing healthcare professional training.

Strategic Insights

Market Segmentation Analysis

The South & Central America wound closure device market can be analyzed through various segments, including product type, wound type, and end-use.

By Product: The market is segmented into sutures, adhesives, staplers, strips, and others. In 2024, the sutures segment held the largest market share.
By Wound Type: The market is divided into chronic wounds and acute wounds, with the chronic wound segment holding a larger share in 2024.
By End Use: The market is categorized into hospitals, clinics, ambulatory surgical centers, and others, with hospitals accounting for the largest share in 2024.

Market Outlook

Noncommunicable diseases (NCDs), such as heart disease, stroke, cancer, diabetes, and chronic lung disease, are responsible for 74% of all deaths globally. A significant portion of NCD-related deaths occurs in low- and middle-income countries, highlighting the urgent need for effective healthcare solutions.

The rising incidence of chronic diseases, particularly diabetes and cardiovascular conditions, presents a substantial opportunity for the wound closure devices market. Chronic diseases often lead to complications requiring surgeries or extended wound care. For example, diabetic patients are at a higher risk of developing chronic wounds, such as diabetic ulcers, necessitating specialized care and closure devices for effective healing. The number of individuals living with diabetes has surged from 200 million in 1990 to 830 million in 2022, with a more rapid increase in low- and middle-income countries compared to high-income nations.

Additionally, the growing number of trauma cases, including burns, accidents, and injuries, is driving demand for effective wound care solutions. Trauma remains a significant global health challenge, causing approximately 5.8 million deaths and 40 million permanent injuries annually, with nearly 90% of these fatalities occurring in low- and middle-income countries. Common causes of trauma include road traffic accidents, falls, workplace injuries, and violence, which disproportionately affect younger populations and impose a significant economic burden due to lost productivity and healthcare costs.

Wound closure devices are essential for treating these conditions, facilitating quicker healing, reducing infection risks, and improving overall patient outcomes. With an aging population more susceptible to chronic conditions and an increase in trauma cases, healthcare professionals are increasingly favoring advanced wound closure solutions. The interplay between technological innovation and the demand for rapid recovery solutions creates a substantial growth opportunity for the market. Companies focusing on innovations tailored to chronic wounds and trauma are likely to capture a larger market share as the need for effective wound treatment continues to rise globally.

Country Insights

The South & Central America wound closure device market includes key countries such as Argentina, Brazil, and others. Brazil is expected to hold the largest market share in 2024.

Brazil's healthcare system is well-regarded, particularly for its medical tourism offerings and aesthetic treatments. The country has extensive resources for treating diabetic foot ulcers (DFUs) and pressure ulcers. Companies are actively collaborating with local organizations to introduce their products in Brazil. For instance, in November 2019, SANUWAVE Health, Inc. partnered with IDIC Group in Sao Paulo to grant exclusive rights to its dermaPACE product for chronic wound treatment. In August 2020, the company received approval from Brazil's National Health Surveillance Agency for its dermaPACE System, specifically targeting diabetic foot ulcers. Furthermore, international companies like Mölnlycke Health Care AB are expanding their operations in Brazil, China, and the Middle East to enhance their market presence.

Company Profiles

Key players in the South & Central America wound closure device market include Healthium Medtech Limited, Advanced Medical Solutions Group plc, Essity AB, Corza Medical GmbH, Futura Surgicare Pvt Ltd (Dolphin Sutures), TI Medical, Smith & Nephew Plc, CooperSurgical, Inc., Meril Life Sciences Pvt Ltd, Baxter International Inc, Stryker Corp, 3M Co, Medtronic Plc, Johnson & Johnson, and B Braun SE, among others. These companies are employing various strategies, including expansion, product innovation, and mergers and acquisitions, to deliver innovative products and increase their market share.

Table of Contents

157 Pages
1. Introduction
1.1 Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macroeconomic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country-level data:
4. South & Central America Wound Closure Devices Market - Key Market Dynamics
4.1 Market Drivers
4.1.1 Surge in Surgical Procedures
4.1.2 Technological Advances in Wound Closure Devices
4.2 Market Restraints
4.2.1 High Price of Advanced Wound Closure Devices
4.3 Market Opportunities
4.3.1 Growing Incidence of Chronic Diseases and Trauma Cases
4.4 Future Trends
4.4.1 Shift Toward Minimally Invasive Wound Closing Methods
4.5 Impact of Drivers and Restraints:
5. Wound Closure Devices Market - South & Central America Market Analysis
5.1 South & Central America Wound Closure Devices Market Revenue (US$ Million), 2021-2031
5.2 South & Central America Wound Closure Devices Market Forecast Analysis
6. South & Central America Wound Closure Devices Market Analysis - by Product
6.1 Sutures
6.1.1 Overview
6.1.2 Sutures: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
6.2 Adhesives
6.2.1 Overview
6.2.2 Adhesives: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
6.3 Staplers
6.3.1 Overview
6.3.2 Staplers: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
6.4 Strips
6.4.1 Overview
6.4.2 Strips: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
6.5 Others
6.5.1 Overview
6.5.2 Others: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
7. South & Central America Wound Closure Devices Market Analysis - by Wound Type
7.1 Chronic Wound
7.1.1 Overview
7.1.2 Chronic Wound: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.2 Acute Wound
7.2.1 Overview
7.2.2 Acute Wound: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
8. South & Central America Wound Closure Devices Market Analysis - by End Use
8.1 Hospitals
8.1.1 Overview
8.1.2 Hospitals: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.2 Clinics
8.2.1 Overview
8.2.2 Clinics: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.3 Ambulatory Surgery Centers
8.3.1 Overview
8.3.2 Ambulatory Surgery Centers: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.4 Others
8.4.1 Overview
8.4.2 Others: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
9. South & Central America Wound Closure Devices Market - Country Analysis
9.1 South & Central America
9.1.1 South & Central America Wound Closure Devices Market - Revenue and Forecast Analysis - by Country
9.1.1.1 South & Central America Wound Closure Devices Market - Revenue and Forecast Analysis - by Country
9.1.1.2 Brazil: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.1.1.2.1 Brazil: South & Central America Wound Closure Devices Market Share - by Product
9.1.1.2.2 Brazil: South & Central America Wound Closure Devices Market Share - by Wound Type
9.1.1.2.3 Brazil: South & Central America Wound Closure Devices Market Share - by End Use
9.1.1.3 Argentina: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.1.1.3.1 Argentina: South & Central America Wound Closure Devices Market Share - by Product
9.1.1.3.2 Argentina: South & Central America Wound Closure Devices Market Share - by Wound Type
9.1.1.3.3 Argentina: South & Central America Wound Closure Devices Market Share - by End Use
9.1.1.4 Rest of South & Central America: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.1.1.4.1 Rest of South & Central America: South & Central America Wound Closure Devices Market Share - by Product
9.1.1.4.2 Rest of South & Central America: South & Central America Wound Closure Devices Market Share - by Wound Type
9.1.1.4.3 Rest of South & Central America: South & Central America Wound Closure Devices Market Share - by End Use
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 Partnerships and Collaborations
11. Company Profiles
11.1 B Braun SE
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Johnson & Johnson
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Medtronic Plc
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 3M Co
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Stryker Corp
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Baxter International Inc
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Meril Life Sciences Pvt Ltd
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 CooperSurgical, Inc
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Smith & Nephew Plc
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 TI Medical
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
11.11 Futura Surgicare Pvt Ltd (Dolphin Sutures)
11.11.1 Key Facts
11.11.2 Business Description
11.11.3 Products and Services
11.11.4 Financial Overview
11.11.5 SWOT Analysis
11.11.6 Key Developments
11.12 Corza Medical GmbH
11.12.1 Key Facts
11.12.2 Business Description
11.12.3 Products and Services
11.12.4 Financial Overview
11.12.5 SWOT Analysis
11.12.6 Key Developments
11.13 Essity AB
11.13.1 Key Facts
11.13.2 Business Description
11.13.3 Products and Services
11.13.4 Financial Overview
11.13.5 SWOT Analysis
11.13.6 Key Developments
11.14 Advanced Medical Solutions Group plc
11.14.1 Key Facts
11.14.2 Business Description
11.14.3 Products and Services
11.14.4 Financial Overview
11.14.5 SWOT Analysis
11.14.6 Key Developments
11.15 Healthium Medtech Limited
11.15.1 Key Facts
11.15.2 Business Description
11.15.3 Products and Services
11.15.4 Financial Overview
11.15.5 SWOT Analysis
11.15.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1. South & Central America Wound Closure Devices Market Segmentation
Table 2. South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
Table 3. South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021-2031 (US$ Million) - by Product
Table 4. South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021-2031 (US$ Million) - by Wound Type
Table 5. South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021-2031 (US$ Million) - by End Use
Table 6. South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021-2031 (US$ Million) - by Country
Table 7. Brazil: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by Product
Table 8. Brazil: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by Wound Type
Table 9. Brazil: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by End Use
Table 10. Argentina: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by Product
Table 11. Argentina: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by Wound Type
Table 12. Argentina: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by End Use
Table 13. Rest of South & Central America: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by Product
Table 14. Rest of South & Central America: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by Wound Type
Table 15. Rest of South & Central America: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by End Use
Table 16. Glossary of Terms, Wound Closure Devices Market
LIST OF FIGURES
Figure 1. South & Central America Wound Closure Devices Market Segmentation - Country
Figure 2. South & Central America Wound Closure Devices Market - Key Market Dynamics
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. South & Central America Wound Closure Devices Market Revenue (US$ Million), 2021-2031
Figure 5. South & Central America Wound Closure Devices Market Share (%) - by Product (2024 and 2031)
Figure 6. Sutures: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 7. Adhesives: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 8. Staplers: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 9. Strips: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 10. Others: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 11. South & Central America Wound Closure Devices Market Share (%) - by Wound Type (2024 and 2031)
Figure 12. Chronic Wound: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 13. Acute Wound: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 14. South & Central America Wound Closure Devices Market Share (%) - by End Use (2024 and 2031)
Figure 15. Hospitals: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 16. Clinics: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 17. Ambulatory Surgery Centers: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 18. Others: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 19. South & Central America Wound Closure Devices Market Breakdown, by Key Countries, 2024 and 2031 (%)
Figure 20. Brazil: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021- 2031 (US$ Million)
Figure 21. Argentina: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021- 2031 (US$ Million)
Figure 22. Rest of South & Central America: South & Central America Wound Closure Devices Market - Revenue and Forecast, 2021- 2031 (US$ Million)
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