(PharmaNewsWire.Com, February 01, 2017 ) According to the report North America Advanced Wound Care Market, published by Market Data Forecast, the market is projected to reach 4.25 billion 2021, at a CAGR of 4.2 % during the forecast period from 2016 to 2021.
Advanced wound care products are enormously advantageous for patients who are suffering from chronic wounds, which have costly treatments and it takes long time to heal. These products offer very quick healing of wounds and are replace the traditional wound care products. The products and procedures of the market involves hydro gels, foam dressings, film dressings, gauze composites, collagen products, hydrocolloids, alginate dressings and antimicrobial dressings and they come with the development of merger dressing which eradicates the risk of ineffective wound healing.
There is an increase in the market towards the products that escalate the therapeutic outcomes by minimizing the duration of hospital stay and surgical healthcare expenses. Inclining prevalence of chronic wounds and diabetes due to more number of aging population, technological developments, government as well as private enterprise which has taken for healthcare enhancement and need for a resistance from traditional ineffective wound healing methods to better, safe secured treatment for wounds are the other factors of the market.
The leading companies dominating the market with its products and services are MPM Medical Inc., Medline Industries Inc., Organogenesis Inc., Integra Lifesciences Corporation., Medtronic, 3M Health Care, Coloplast Corp., ConvaTec Inc., Molnlycke Health Care, Smith and Nephew Plc. And Acelity L.P.
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