Global Wound Care Market, Industry Insights by Wound Type, Product, Application & End-User - Analysis by 2024


Posted July 18, 2019 by vynzresearch

The global wound care market is growing at a significant rate due to the increasing prevalence of chronic and acute wound, technological improvement in products and rapid growth in the geriatric population.

 
Wound care products are used for the treatment of the injured, burned or surgical area of the body. It promotes healing, assists early recovery and reduces complications and risks related to the healing process. The global wound care market is growing at a significant rate due to the increasing prevalence of chronic and acute wound, technological improvement in products and rapid growth in the geriatric population.

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The global wound care market has also been segmented by application into ulcers, surgical wounds, and burns. The surgical wound segment is estimated to account the largest share in the market due to the increasing number of surgeries and the growing incidence of diabetes.


North America is the largest wound care market as the region is home to a large number of industry players Some of the other factors leading to the growth of the North American market are growing research activities, and the highest healthcare expenditure globally, and increasing prevalence of diabetes.

Key players in the wound care industry are investing in the development of innovative and advanced products, which is strengthening their position in the market. Smith & Nephew plc, Johnson & Johnson and 3M Company majorly dominated the wound care market. Acelity L.P. Inc., Smith & Nephew plc, Johnson & Johnson, Medtronic plc, Coloplast Corporation ConvaTec, Organogenesis Inc., Integra Life Sciences Holdings Corporation, and 3M Company are some of the key players offering wound management products.

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Categories Business , Health , Medical
Tags wound care , wound care market , wound care market analysis , wound care market demand , wound care market forecast , wound care market growth , wound care market size
Last Updated July 18, 2019