(PharmaNewsWire.Com, October 22, 2019 ) According to Renub Research market research report titled “Wound Care Market, Global Forecast by Products, Wound Type, Application, Regions, Companies” Global Wound Care Market is expected to surpass US$ 25 Billion Mark by the end of the year 2025 due to rising the demand for high quality wound care products. The prime reasons that will propel the market growth are; rising research and development expenditure on wound care product, increasing prevalence of overall diabetes population across the world, growing per capita health care expenditure, rising government expenditure on healthcare, rising number of accidents across the world, increasing the number of trauma injury and increasing chances of infection etc.
Major challenges that will hinder the market growth are; the cost of advance wound care product is quite high. In global context, the high demand of advanced wound care product from emerging economies. Moreover development of innovative wound care product will further encourage the market to outperform.
By Product: The global wound care market by product is fragmented into 10 parts (Trad'l Adhesive, Trad'l Gauze, Traditional Non-Adherent, Film, Foam, Hydrogel, Hydrocolloid, Alginate, Antimicrobial and Growth Factors). Bio-engineered Skin & Skin Substitutes product is growing at rapid pace because its efficacy is quite good in skin replacement partially or fully.
By Type: This report gives complete insight on global wound care market by type; Surgical & Trauma, Burns, Skin Ulcer and Others. Surgical & trauma is the most important segment due to rising number of injury via accidents.
By Application: This report would explain the wound care market by application; Wound Closure, Miscellaneous Wound Management, Moist Dressings, Bio-engineered Skin & Skin Substitutes, Pressure Relief, NPWT and Others. Wound closure and moist dressing application will dominate the market in forecast period.
By Regions: This would explain the regional profile of wound care market; Asia-Pacific, Europe, United States and Rest of the World.
9.1 Asia Pacific 9.2 Europe 9.3 United States 9.4 Rest of the World (ROW)
10. Mölnlycke Healthcare – Company profile
10.1 Company Overview 10.2 Business Strategy 10.3 Wound Care Sales
11. Acelity L.P. Inc. – Company Profile
11.1 Company Overview 11.2 Business Strategy 11.3 Wound Care Sales
12. Smith & Nephew – Company Analysis
12.1 Company Overview 12.2 Business Strategy 12.3 Wound Care Sales
13. ConvaTec Group – Company Profile
13.1 Company Overview 13.2 Business Strategy 13.3 Wound Care Sales
14. Ethicon Inc. – Company Analysis
14.1 Company Overview 14.2 Business Strategy 14.3 Wound Care Sales
15. Coloplast Corp. – Company Analysis
15.1 Company Overview 15.2 Business Strategy 15.3 Wound Care Sales
16. Scapa Healthcare – Company Analysis
16.1 Company Overview 16.2 Business Strategy 16.3 Wound Care Sales
17. Growth Drivers
17.1 Personalized and Regenerative Wound Care Adopting Innovative Technologies 17.2 Reimbursement in Wound Care 17.3 Increased Prevalence of Chronic Conditions
18. Challenges
18.1 Wound Care Products and Service is Quite Costly 18.2 Regulatory Changes for Wound Care 18.3 Lack of Formal Education & Training for Physicians, Nurses & Allied Health Care Providers
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