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Report explores the wound care market to reach US$ 22.01 billion by 2022

Medical Market Research

Wound care market is expected to reach USD 22.01 billion by 2022 from USD 18.35 billion in 2017, at a CAGR of 3.7%. Factors driving growth of market include increasing prevalence of diabetic foot, pressure ulcers, venous leg ulcers & other chronic wounds, increasing geriatric population, surging R&D activities in field of wound care research, development of advanced wound care products, rising number of road traffic accidents, & increasing awareness programs for wound care treatment & management.

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The global wound care market segmented by product, wound type, end user and regions. By product type, the wound care market is segmented into advanced wound management products, surgical wound care products, and traditional wound care products.

The advanced wound management products segment is estimated to account for the largest market share of the global wound care market in 2017.

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Research is Useful for Following Target Audience:

  • Wound care associations
  • Research & consulting firms
  • Distributors of wound research products
  • Contract manufacturers of wound care products, devices,  equipment and consumables
  • Research institutes and clinical research organizations (CROs)
  • Venture capitalists
  • Doctors, nurses and wound care specialists surgeon
  • Government associations

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The global wound care market is dominated by North America, followed by Europe. North America will continue to dominate global wound care market in forecast period.

However, Asia Pacific is expected to witness highest CAGR, with growth in this market centered at Japan, China, and India. Factors such as rising focus of major players in emerging Asian countries and government support are driving growth of the wound care market in this region.

The objectives of this study are as follows:

  • To define, describe, and forecast the wound care market by product, wound type, end user  and region
  • To provide detailed information regarding the major factors influencing growth of the market (drivers, restraints, opportunities, and challenges)
  • To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
  • To analyze the opportunities in the market for stakeholders and provide details of a competitive landscape for market leaders
  • To forecast revenue of the market segments with respect to four main regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (RoW)
  • To profile key players and comprehensively analyze their market shares and core competencies in terms of market development and growth strategies
  • To track and analyze competitive developments such as agreements, collaborations, and partnerships; acquisitions; and product launches in the wound care market

Click now for more Details, Quiries, Other Information on this study “Wound Care Market by Product (Advanced (Foam, Alginate, Hydrogel, NPWT, Active), Surgical, Traditional), Type (Chronic (Diabetic Foot, Pressure Ulcer), Acute (Burn, Trauma)), End User (Hospital, Long-term Care, Home Healthcare) - Global Forecast to 2022” report @ .

In addition, the company profiles includes the product portfolios, developments, and strategies adopted by prominent market players to maintain and increase their shares in the market.

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