Global Wound Care Product Market to Reach USD 21.8 Billion in 2022 Growing at 5.9% CAGR

Thursday, April 19, 2018 1:02 PM UTC

Raipur, India, April 19, 2018 -- Report Sellers has added a new market research report “Global Wound Care Product Market (2014-2022)” to its offerings. The report is an in-depth market study providing accurate market insights including the latest trends, forecast, competitive insights, etc.

The products available in the market for global wound care are designed to treat mostly complex wounds. Surgical wound care products are used to heal the surgical wounds, mainly the infectious ones contracted in the hospital. The advanced wound care products are used to treat both acute and chronic wounds. The global wound care market is expected to grow at a CAGR of around 5.9% over an eight-year period to reach a value of $21.79 billion by FY 2022.

Browse through the complete description and in-depth TOC on “Global Wound Care Product Market”

https://www.reportsellers.com/market-research-report/Wound-Care-Product-Market-2014-2022

Key growth factors

Factors such as a rise in disposable income, better access to improved healthcare and an increasing awareness about affordable advanced wound therapies are expected to support the growth of advanced wound dressing market globally. Additionally, by the end user division, home healthcare is the fastest growing segment due to the significant rise in the aged population.

Threats and key players

Although the global wound care market is expected to experience progressive growth, the high cost of the wound care products, especially the advanced ones, hinders the growth of the market. There is also a lack of experts or trained healthcare professionals who can use these new advanced technologies. Some of the major players in the wound care industry are Smith & Nephew, Acelity L. P. Inc., Mlnlycke Health Care AB, 3M, ConvaTec Group Plc, Coloplast Group, etc.

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Global Wound Care Product Market to Reach USD 21.8 Billion in 2022 Growing at 5.9% CAGR

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