Wound Care - Mauritius

Mauritius

Highlights

Revenue in the Wound Care market amounts to US$262.40k in 2024. The market is expected to grow annually by -0.32% (CAGR 2024-2029).
In global comparison, most revenue is generated United States (US$1bn in 2024).
In relation to total population figures, per person revenues of US$0.20 are generated in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureMethodology

The Wound Care market in Mauritius is experiencing steady growth and development.

Customer preferences: Customers in Mauritius prefer wound care products that are effective, affordable, and easily accessible. They value products that promote quick healing and provide pain relief. Additionally, customers in Mauritius are increasingly seeking wound care products that are made from natural and organic ingredients, as they are perceived to be safer and gentler on the skin.

Trends in the market: One of the key trends in the Wound Care market in Mauritius is the increasing demand for advanced wound care products. As the healthcare infrastructure in the country continues to improve, there is a growing awareness among healthcare professionals about the benefits of using advanced wound care products. These products offer superior wound healing properties and are effective in managing complex wounds such as diabetic ulcers and pressure ulcers. Another trend in the market is the rising prevalence of chronic wounds. Mauritius has a high prevalence of chronic diseases such as diabetes and cardiovascular diseases, which are known to increase the risk of developing chronic wounds. This has led to an increased demand for wound care products that are specifically designed to manage and treat chronic wounds.

Local special circumstances: Mauritius is a small island nation with a growing aging population. The elderly population is more prone to developing wounds due to age-related factors such as reduced skin elasticity and slower wound healing. This demographic trend has contributed to the increased demand for wound care products in the country. Additionally, Mauritius has a tropical climate, which can increase the risk of certain types of wounds such as insect bites and sunburns. This has further fueled the demand for wound care products that can effectively treat and prevent these types of wounds.

Underlying macroeconomic factors: The economic growth in Mauritius has resulted in increased disposable income among the population. This has allowed consumers to spend more on healthcare products, including wound care products. Furthermore, the government of Mauritius has been investing in the healthcare sector, which has led to the expansion of healthcare facilities and increased access to healthcare services. This has positively impacted the demand for wound care products in the country. In conclusion, the Wound Care market in Mauritius is developing due to customer preferences for effective and affordable products, the increasing demand for advanced wound care products, the rising prevalence of chronic wounds, the local special circumstances of an aging population and tropical climate, and underlying macroeconomic factors such as economic growth and government investments in healthcare.

Data coverage:

Data encompasses B2C spend. Figures are based on the OTC Pharmaceuticals market values, representing revenues generated by both product sales which take place exclusively in pharmacies and products which can be purchased elsewhere. Sales by hospitals are not included.

Modeling approach / Market size:

Market sizes are determined by a combined top-down and bottom-up approach, based on a specific rationale for each market market. As a basis for evaluating markets, we use data from national statistical offices, international institutions, trade associations, and self-medication associations. Next, we use relevant key market indicators and data from country-specific associations, such as consumer healthcare spending, out-of-pocket healthcare expenditure, health system accessibilities, and GDP. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. Whereas this market covers only OTC drugs, the Statista Pharmaceuticals market covers both OTC and prescription drugs.