Report Sellers has added a new market research report “Wound Care – Global Market Outlook (2017-23)” to its offerings.
According to Report, Global Wound Care Market is accounted for $18.22 billion in 2016 and is expected to reach $26.24 billion by 2023 growing at a CAGR of 5.3%. The market is ubiquitous with vast usage of these products in healing and preventing infection. Growing incidence of Hospital-acquired infections & awareness among people is driving the market. Apart from these, technological advancements and new innovative products are some other factors favoring the market. However, high cost associated with advanced wound care is inhibiting the market.
Wound Care is a competitive market with dozens of significant competitors and hundreds of smaller companies selling products designed to reduce hospital stays. Wound Management Products segment is estimated to be the fastest growing segment among product type on account of increasing geriatric population, rising incidence of chronic diseases and greater effectiveness in providing healing.
North America accounted for largest market share owing to rising awareness regarding new technologies for wound care, government support in the form of funding, and rising diabetic and aged population. Moreover, Asia Pacific is poised to be the fastest growing market attributing to increasing health awareness. The emerging generation of wound care products and technologies are well positioned to capitalize on this growth in this region.
Some of the key players in global Wound Care market include Covidien PLC (A Subsidiary of Medtronic Company), Convatec Healthcare B S..R.L., Integra LifeSciences, Hollister, Inc., Ethicon, Inc. (A Subsidiary of Johnson & Johnson), Derma Sciences, Inc., Mlnlycke Health Care AB (Subsidiary of Investor AB), Smith & Nephew PLC, Coloplast A/S, BSN medical, Baxter International Inc., 3M Company and Acelity L.P. Inc.
Browse through the complete description and in-depth TOC on “Global Wound Care Market”
What does the Report Offers
Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Global Wound Care Market has been segmented by products covered, wound types covered, end users Covered and regions covered
Wound Management Products
Surgical Wound Care Products
Traditional and Basic Wound Care Products
Wound Types Covered:
Chronic Wounds & Ulcers
End Users Covered:
Long-Term Care Facilities
Hospitals and Specialty Wound Clinics
Rest of Europe
Rest of Asia Pacific
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
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