January 18, 2023 02:35 ET | Source: MAXIMIZE MARKET RESEARCH PRIVATE LIMITED MAXIMIZE MARKET RESEARCH PRIVATE LIMITED
Pune, INDIA
Pune, Jan. 18, 2023 (GLOBE NEWSWIRE) — As per Maximize Market research, a global business research and consultancy firm, the total global market for “Wound Care Market” was USD 19.3 billion in 2021 and is expected to grow at a CAGR of 7.5 % over the forecast period to reach USD 34.42 Billion by 2029.
Wound Care Market Scope and Research Methodology:
The Wound Care market is segmented based on Product, Type, End User, and Region. The growth of various segments helps our clients in acquiring knowledge of the many growth factors expected to be prevalent throughout the market and develop different strategies to help identify core application areas and the gap in the target market. The Wound Care report provides an in-depth analysis of the market and contains meaningful insights, facts, historical data, and statistically supported and industry-validated market statistics. It also includes estimates based on an appropriate set of assumptions and methodologies.
The bottom-up approach has been used to estimate the Wound Care market size. Major Key Players in the Wound Care market are identified through secondary research and their market revenues are determined through primary and secondary research. Secondary research included a review of annual and financial reports of leading manufacturers, while primary research included interviews with important opinion leaders and industry experts such as skilled front-line personnel, entrepreneurs, and marketing professionals. Some of the leading key players in the global Wound Care market are Smith 7 Nephew plc (UK), Coloplast A/S (US), and Medtronics plc (US.). These companies are continuously strategizing on mergers and acquisitions, strategic alliances, joint ventures, and partnerships for the growth of their market shares.
Get a Sample PDF Brochure:
https://www.maximizemarketresearch.com/request-sample/15340
Global Wound Care Market Overview
Wound care is a medical specialty that focuses on the treatment of non-healing wounds. Wound treatment and management are important stages in preventing catastrophic consequences. Oxygenation, infection, age and sex hormones, stress, diabetes, obesity, medicines, alcoholism, smoking, and an unhealthy diet are all factors contributing to non-healing wounds. The demand for wound care and wound healing products is increasing because of the rising number of surgical cases, and the rising prevalence of chronic diseases across the globe.
Global Wound Care Market Dynamics
Wound care products such as wound healing therapies assist in the treatment of diabetic foot ulcers, which are prevalent in diabetes patients. According to ScienceDirect, diabetic foot ulcers may affect more than 25% of the diabetic population and result in foot amputation in 20% of patients. Wound care products such as hydrocolloid dressings assist in moisture retention and allow for faster wound healing both internally and externally. Furthermore, these products help in the absorption of necrotic tissues, which is beneficial in cases of surgical site infections. As a result, healthcare professionals prefer to use wound care products, which is expected to drive market growth throughout the forecast period.
The growing number of Ambulatory Surgical Centers (ASCs) is likely to boost the wound care market. ASCs provide a wide range of treatments, such as surgical care, diagnostics, and preventative care. Ambulatory surgical centers also perform pain treatment, urology, orthopedics, restorative, reconstructive, or alternative plastic procedures, and Gastro-Intestinal (GI) related surgeries. Furthermore, as the number of ASCs increases, they can provide more cost-effective services. As a result of the growing number of ASCs, the market is likely to grow throughout the forecast period.
Get a Sample PDF Brochure:
https://www.maximizemarketresearch.com/request-sample/15340
Global Wound Care Market Regional Insights
The APAC region is expected to develop considerably throughout the forecast period for the Wound Care industry. Changing lifestyles are increasing the prevalence of chronic diseases in this region, which is driving regional growth throughout the forecast period. China is likely to lead the Asia Pacific wound care market. The rapidly growing diabetes population is likely to drive up demand for wound treatment in the region. According to the International Diabetes Federation (IDF), the country will have the most diabetes patients in the world in 2021, with around 116 million active cases. Because of the presence of key companies such as BSN Medical in the country, the Wound Care market in India is expected to grow significantly during the forecast period.
Global Wound Care Market Segmentation
By Product:
By Type:
By End User:
Download Free Sample Report at:
https://www.maximizemarketresearch.com/request-sample/15340
Global Wound Care Market Key Competitors:
Key questions answered in the Global Wound Care Market are:
Purchase Report:
https://www.maximizemarketresearch.com/checkout/?method=PayPal&reportId=15340&type=Single%20User
Key Offerings:
Maximize Market Research is leading research firm, has also published the following reports:
Advanced Wound Care Market – The market size is expected to reach USD 14.76 Bn. by 2029, at a CAGR of 5.81 % during the forecast period. An increase in the aging population and the increasing number of diabetic patients are some major factors driving the Advanced Wound Care market’s growth.
Wound Debridement Market – The was valued at USD 4.33 Bn. in 2021 and the total Wound Debridement revenue is expected to grow at 3.7 % during the forecast period. The rise in the aging population around the globe further drives the growth of the wound debridement market during the forecast period.
Healthcare Fabrics Market – The market size was at USD 18.2 billion in 2021 and the total revenue is expected to grow at 7 % of CAGR during the forecast period. The growing demand for high-quality wound dressing materials, combined with growing consumer awareness is driving the Healthcare Fabrics Market during the forecast period.
Surgical Wound Closure Device Market – The market is expected to reach USD 30.22 Bn. by 2029. The market is primarily being pushed by the increase in surgical procedures being carried out globally during the forecast period.
Tattoo Removal Market – The tattoo removal market size was valued at USD 3702.4 Mn. in 2021 and the total revenue is expected to grow at 13.8 % during the forecast period. A growing number of tattoo consumers along with tattoo regrets people across the globe is expected to provide a huge opportunity for market growth during the forecast period.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
Contact us for a more detailed view at: sales@maximizemarketresearch.com