Sustainable demand for first aid and versatility of products is expected to propel growth of the global traditional wound management market over the forecast period. There is steady demand for traditional wound managing first-aid products globally in home care settings as well as hospitals. Products such as gauze bandages and adhesive bandages enjoy sustainable demand for small cuts and bruises.
The global traditional wound management market is estimated to account for US$ 5,926.0 Mn in terms of value by the end of 2028.
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Sustainable demand for first aid and versatility of products is expected to propel growth of the global traditional wound management market over the forecast period. There is steady demand for traditional wound managing first-aid products globally in home care settings as well as hospitals. Products such as gauze bandages and adhesive bandages enjoy sustainable demand for small cuts and bruises.
Tracking interdisciplinary collaboration for wound management is expected to offer lucrative growth opportunities for players in the market. Inter and intra-departmental collaboration between surgeons and their support staff – the nurses plays a key role in better wound management. This determines product usage pattern, order placement cycles, and choosing preferred vendors. Application of customer analytics and critical vendor management strategies are factors that could fuel demand for traditional wound management products. Therefore, market players need to track zonal purchase patterns by departments in order to achieve higher profitability.
Increasing R&D and demand for low molecular weight hyaluronic acid derivatives for wound healing is expected to hamper growth of the market. For instance, in July 2019, researchers from Jilin University, China, reported development of N-butyrylated low molecular weight hyaluronic acid for improved murine cutaneous wound healing.
High prevalence of diabetes and other chronic diseases is aiding in growth of the global traditional wound management market. For instance, according to the study, ‘Global Prevalence of Type 2 Diabetes over the Next Ten Years (2018-2028)’, published by the American Diabetes Association, 500 million people worldwide suffered from type 2 diabetes in 2018.
The adoption of traditional wound care measures with novel solutions such as foam, hydrogel dressing, and others has increased significantly. This in turn has led to high output in wound care management.
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Major players operating in the global traditional wound management market include, Smith & Nephew plc., B. Braun Melsungen AG, Johnson & Johnson Pvt. Ltd., Medtronic Plc., Cardinal Health, Derma Sciences Inc., Paul Hartman AG, Molnlycke Health Care, Medline Industries, Inc., DUKAL Corporation, and BSN Medical.
Players in the market are also focused on developing and launching sustainable products. For instance, in July 2019, Nutricare, an Australia-based company, launched PATCH, 100% compostable, natural and non-irritating bamboo bandage.
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◘ Leading company profiles reveal details of key Traditional Wound Management Market players emerging five operations and financial performance
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◘ Compares data from North America, South America, Asia Pacific Europe and Middle East Africa, alongside individual chapters on each region
The next part also sheds light on the gap between supply and consumption. Apart from the mentioned information, growth rate of Traditional Wound Management Market in 2028 is also explained. Additionally, type wise and application wise consumption tables and figures of Traditional Wound Management Market are also given.
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Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Traditional Wound Management Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Traditional Wound Management Industry Impact
Chapter 2 Global Traditional Wound Management Competition by Types, Applications, and Top Regions and Countries
2.1 Global Traditional Wound Management (Volume and Value) by Type
2.3 Global Traditional Wound Management (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Traditional Wound Management Sales, Consumption, Export, Import by Regions
Chapter 5 North America Traditional Wound Management Market Analysis
Chapter 6 East Asia Traditional Wound Management Market Analysis
Chapter 7 Europe Traditional Wound Management Market Analysis
Chapter 8 South Asia Traditional Wound Management Market Analysis
Chapter 9 Southeast Asia Traditional Wound Management Market Analysis
Chapter 10 Middle East Traditional Wound Management Market Analysis
Chapter 11 Africa Traditional Wound Management Market Analysis
Chapter 12 Oceania Traditional Wound Management Market Analysis
Chapter 13 South America Traditional Wound Management Market Analysis
Chapter 14 Company Profiles and Key Figures in Traditional Wound Management Business
Chapter 15 Global Traditional Wound Management Market Forecast (2022-2028)
Chapter 16 Conclusions
Research Methodology….
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