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Advanced Wound Dressings Is Fastest Growing Segment Fueling The Growth Of Wound Care Market

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Advanced Wound Dressings Is Fastest Growing Segment Fueling The Growth Of Wound Care Market

The global Wound Care Market is estimated to be valued at US$ 22,343.1 Mn in 2023 and is expected to exhibit a CAGR of 5.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

The wound care market encompasses a wide variety of medical products such as advanced wound dressings, wound therapy devices, wound cleansers, and artificial skin and skin substitutes that help heal both chronic and acute wounds faster. Advanced wound dressings absorb exudate, keep the wound moist thus promoting healing, and prevent further damage or bacterial infection. Their increasing adoption to treat both chronic and acute wounds is driving significant growth in the wound care market.

Market key trends:

One of the major trends witnessed in the wound care market is the increasing availability of advanced wound dressings which help facilitate faster wound healing. Advanced wound dressings help maintain a moist environment conducive for healing and fill the wound gap. They prevent contamination and seal the wound against external microbial agents. Some advanced dressings help deliver drugs or growth factors directly to the wound site which further accelerate healing. Their ease of application, ability to remain insitu for long periods without requiring frequent dressing changes, and promotion of autolytic debridement have made them the treatment of choice especially for chronic wounds, boosting their demand.

Segment Analysis

The global wound care market is segmented into wound type, product, and end-user. Based on wound type, the market is segmented into surgical and traumatic wounds, ulcers, and burns. Among these, the surgical and traumatic wounds segment dominates the market due to the rising number of surgical procedures globally.

Key Takeaways

The Global Wound Care Market Growth is expected to witness high, exhibiting CAGR of 5.3% over the forecast period, due to increasing prevalence of chronic diseases such as diabetes and growing geriatric population.

Regional analysis

North America dominates the global wound care market owing to the rising prevalence of chronic and lifestyle diseases along with growing elderly population in the region. Asia Pacific is expected to witness the highest growth during the forecast period owing to rapidly improving health care infrastructure and increasing medical tourism in developing countries such as India and China.

Key players


Key players operating in the wound care market are 3M, Baxter, Coloplast A/S, Acelity L.P. Inc., Integra LifeSciences, Johnson & Johnson Services, Inc., Axio Biosolutions Pvt Ltd., Omeza, Smith & Nephew Plc., Cardinal Health, Schulke & Mayr GmbH, Bactiguard AB, Wound Care Advantage, LLC, Noventure, EO2 Concepts, Essity, Hydrofera, Advance Medical, Inc., CutisCare, Convatec Group PLC, and Organogenesis Inc.


Explorer more information on this topic, Please visit - 

https://www.insightprobing.com/wound-care-market-share-and-trends-analysis/ 

Explore more trending article on this topic - 

http://diveintoinsights.weebly.com/blog1/wound-care-market-is-estimated-to-witness-high-growth-owing-to-technological-advancements-in-treatment 

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