Key Market Indicators
Malagasy imports of wound dressing are projected to hit approximately $577,000 by 2028, up from around $520,000 in 2023. This forecast represents an average annual growth rate of 1.5%. Historically, the demand for wound dressing in Madagascar has been on the rise, increasing by 1.6% annually since 1995. In stark contrast, the country's supply of wound dressing has seen a significant decline. Since 2013, Malagasy domestic production has plummeted by 69% each year.
