Global Wound Care Product Market 2014-2017 & 2022 - Major Players Are Smith & Nephew, Acelity, Mölnlycke Health Care, 3M, ConvaTec & Coloplast - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jul 24, 2018--The “Global Wound Care Product Market (2014-2022)” report has been added to ResearchAndMarkets.com’s offering.
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.
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 average incidence of chronic wounds is 0.78% of the population with the prevalence range being 0.18% to 0.32%. Region-wise, North America constitutes the highest share of the wound healing products market worldwide.
There are various divisions within the wound care market, but the advanced wound care market is the fastest-growing segment globally. It is expected to grow at a CAGR of 7.3% between FY 2017 and FY 2022.
Key growth factorsThe wound care market is predicted to witness a high growth rate owing to the rise in the geriatric population, surge in lifestyle diseases, advancement of new technology, developments in the wound care research area for advanced wound care products and the rising awareness about these products among consumers. 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.
Some of the major players in the wound care industry are Smith & Nephew, Acelity L.P. Inc., Mölnlycke Health Care AB, 3M, ConvaTec Group Plc, Coloplast Group, etc.
Key Topics Covered:
Chapter 1: Executive Summary
Chapter 2: Introduction - Wound Care Market
Chapter 3: Wound Care Market Overview
Chapter 4: Regional Overview
Chapter 5: Segmentation Overview-By Type
Chapter 6: Segmentation Overview-By Application
Chapter 7: Segmentation Overview-By End User
Chapter 8: Company Profiles
Chapter 9: Conclusion
Chapter 10: Appendix
Companies Mentioned3M Acelity L.P. Inc. Baxter International Inc. Coloplast Group ConvaTec Group Plc Integra LifeSciences Holdings Corporation Johnson & Johnson Pvt. Ltd. Medtronic Public Limited Company Mölnlycke Health Care AB Smith & Nephew
For more information about this report visit https://www.researchandmarkets.com/research/zk2jhv/global_wound_care?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180724005836/en/
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics:Wound Care
INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES PHARMACEUTICAL
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 07/24/2018 01:42 PM/DISC: 07/24/2018 01:43 PM