DUBLIN--(BUSINESS WIRE)--Jun 14, 2018--The "Wound Care - Global Market Outlook (2017-2023)" report has been added to ResearchAndMarkets.com's offering.

The Global Wound Care market is accounted for $18.22 billion in 2016 and is expected to reach $26.24 billion by 2023 growing at a CAGR of 5.3%.

Growing incidence of Hospital-acquired infections & awareness among people is driving the market. Apart from these, technological advancements and new innovative products are some other factors favoring the market. However, high cost associated with advanced wound care is inhibiting the market.

Wound Care is a competitive market with dozens of significant competitors and hundreds of smaller companies selling products designed to reduce hospital stays. Wound Management Products segment is estimated to be the fastest growing segment among product type on account of increasing geriatric population, rising incidence of chronic diseases and greater effectiveness in providing healing.

North America accounted for largest market share owing to rising awareness regarding new technologies for wound care, government support in the form of funding, and rising diabetic and aged population.

Moreover, Asia Pacific is poised to be the fastest growing market attributing to increasing health awareness. The emerging generation of wound care products and technologies are well positioned to capitalize on this growth in this region.

Segments Covered

Products

Exudate Management Infection Management Wound Management Products Surgical Wound Care Products Traditional and Basic Wound Care Products

Wound Types

Radionecrosis Trauma Lacerations Surgical Wounds Chronic Wounds & Ulcers Burns Acute Wounds

End-Users

Home Healthcare Long-Term Care Facilities Hospitals and Specialty Wound Clinic

Key Topics Covered

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Wound Care market, By Product

6 Global Wound Care market, By Wound Type

7 Global Wound Care market, By End-User

8 Global Wound Care Market, By Geography

9 Key Developments

10 Company Profiling

Covidien PLC (A Subsidiary of Medtronic Company) Convatec Healthcare B S..R.L. Integra LifeSciences Hollister, Inc. Ethicon, Inc. (A Subsidiary of Johnson & Johnson) Derma Sciences, Inc. Mlnlycke Health Care AB (Subsidiary of Investor AB) Smith & Nephew PLC Coloplast A/S BSN medical Baxter International Inc. 3M Company Acelity L.P. Inc.

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Related Topics:Wound Care

KEYWORD:

INDUSTRY KEYWORD: HEALTH OTHER HEALTH

SOURCE: Research and Markets

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PUB: 06/14/2018 07:50 AM/DISC: 06/14/2018 07:50 AM

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