Articles
Wound Care Market Analysis, Share and Future Scope
by Vijay K. Web Marketing The global wound care market generated a revenue of $24,482.9 million in 2015 and is projected to advance at a 6.7% CAGR during the forecast period (2016–2022). The market is growing due to the rising geriatric population, increasing road accidents, surging incidence of chronic wounds, rising volume of surgeries, and increasing burn cases. Different wound care products, namely traditional wound care products, wound closure products, and advanced wound care products, are utilized for treating various kinds of wounds. These products are used in both outpatient and inpatient facilities.Request for sample copy of this report at: http://bit.ly/2uJxf3y
When
application is taken into consideration, the wound care market is
categorized into burn, ulcer, and surgical wound. Among these, the surgical
wound category dominated the market during the historical period (2012–2015)
and is expected to account for the major share of the market during the
forecast period as well. In terms of wound type, the market is bifurcated into
acute and chronic wound. Between these, the larger share of the market was held
by the chronic wound classification during the historical period, which is
going to retain its position during the forecast period.
The
surging number of road accidents is another factor which is driving the growth
of the wound care market. About 20 million to 50 million people suffer
from non-fatal injuries because of road crashes every year, according to a
report by the World Health Organization (2016). The wound that is formed during
road accident is exposed to bodily fluids, microbes, debris, and soil. If there
is case of tissue loss during the accident, the wound takes longer time to
heal. Wound care products are utilized for preventing a wound from microbial
infections, cleaning, and dressing.
Hence,
the market is growing due to the surging number of road accidents, burn cases,
and increasing volume of surgeries.
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About Vijay K. 
Web Marketing
211 connections, 3 recommendations, 864 honor points.Joined APSense since, May 17th, 2016, From New York, United States.
Created on Jan 29th 2020 05:58. Viewed 423 times.
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