Global Wound Care Market Size, Share, Growth and Future Scope

The global wound care market attained a revenue of $24,482.9 million in 2015, and it is predicted to progress at a 6.7% CAGR during the forecast period (2016–2022). During a surgical procedure, incisions are made on the body, which then lead to the formation of wound. Wound care products are used during and after surgical procedures for facilitating quick recovery and preventing infections. Other than surgical procedures, the increasing number of accidents are also driving the requirement for wound care products.

Wound closure, traditional, and advanced are the major types of wound care products, out of which, the demand for advanced wound care products has been the highest up till now. These products accelerate the healing process, and are especially ideal for severe wounds. Advanced wound care products further provide flexibility and comfort, thereby allowing free movement of the body. Owing to such properties, the demand for these products is expected to be the highest in the coming years as well.

Other than for surgical wounds, wound care products are also used for treating ulcer and burn wounds. The largest demand for wound care products was created for treating surgical wounds in the past and the situation is likely to be the same in the coming years as well. As mentioned above, the growing volume of surgeries is driving the demand for different kinds of wound care products. Geographically, North America emerged as the major wound care market in the past.

Hence, the increasing volume of surgeries and rising number of accidents are leading to the growth of the market. 

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