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Wound Care Market 3.7% CAGR led by Advanced Wound Management Products During (2017-2022) Says a New Research Report at ReportsnReports

06:15 EDT 4 Sep 2017 | PR Newswire

PUNE, India, September 4, 2017 /PRNewswire/ --

The wound care market is forecast to reach $22.01 billion by 2022 from $18.35 billion in 2017 at a CAGR of 3.7% during (2017-2022) driven by the rising R&D activities and advancement in the field of wound care research, the increasing prevalence of chronic wounds and acute wounds, increasing aged population, rising number of road traffic accidents globally, and the increasing awareness about wound care treatment and management through awareness programs.

Browse 356 Market Data Tables and 50 Figures spread through 319 Pages and in-depth TOC on "Wound Care Market - Global Forecast to 2022" at http://www.reportsnreports.com/reports/165110-wound-care-market-traditional-wound-care-advanced-wound-care-active-wound-care-negative-pressure-wound-therapy-other-therapy-devices-current-trends-opportunities-global-forecasts-2011-2016-.html .

The key players in the wound care market include Acelity L.P. Inc. (US), Smith & Nephew plc (UK), Mölnlycke Health Care AB (Sweden), ConvaTec Group Plc (UK), Baxter International Inc. (US), Coloplast A/S (Denmark), BSN medical GmbH (Germany), Organogenesis Inc. (US), DeRoyal Industries, Inc. (US), IonMed (Israel), Ethicon, Inc. (US), Medtronic plc (Ireland), 3M Company (US), Hill-Rom Holdings, Inc. (US), Paul Hartmann AG (Germany), NovaBay Pharmaceuticals, Inc. (US), Derma Sciences, Inc. (US), Vivostat A/S (Denmark), Wound Care Technologies, Inc. (US), Leap Therapeutics Inc. (US), Hematris Wound Care GmbH (Germany), Alliqua Bio Medical, Inc. (US), LayerBio Inc. (US), Triage Meditech Pvt. Ltd (India), and Fidia Pharma USA Inc. (US).

Geographically, the wound care market is dominated by North America, followed by Europe in 2017. Asia Pacific is estimated to grow at the highest CAGR during the study period. The Asia Pacific region is estimated to grow at the fastest rate which can be attributed to the large population in China and India, increasing research in wound care, and the increasing penetration of key players in the emerging markets of Asia Pacific.

Order a copy of Wound Care Market by Product (Advanced (Foam, Alginate, Hydrogel, NPWT, Active), Surgical, Traditional), Type (Chronic (Diabetic Foot, Pressure Ulcer), Acute (Burn, Trauma)), End User (Hospital, Long-term Care, Home Healthcare) - Global Forecast to 2022 research report at http://www.reportsnreports.com/purchase.aspx?name=165110 .

The home healthcare segment in wound care market is estimated to grow at a rapid rate during the analysis period. By end user, the wound care market is segmented into hospitals and specialty wound care clinics, long-term care facilities, and home healthcare. The home healthcare segment is the fastest growing segment of the global wound care market on the basis of end user. The rapid growth in the aging population and the rising incidence of chronic diseases are driving the demand for wound care products in this end-user segment. The need for wound care products is especially high where surgical interventions, especially for orthopedics, vascular diseases, endoscopic surgeries, dermatological ulcers, bedsores, and burns, are involved. The increasing volume of surgical procedures and the need to control soaring healthcare costs are expected to increase the use of single-use disposable and portable systems such as negative pressure wound therapy (NPWT) that are used in home care.

The wound care market by wound type, the market is categorized into chronic wounds and acute wounds. The chronic wounds segment is anticipated to grow at the fastest growth rate during the forecast period and driven by the rising incidence of pressure ulcers, diabetic foot ulcers, and venous ulcers and the increasing geriatric population worldwide. Advanced wound management products segment expected to grow at the fastest rate during the forecast period and driven by the increasing incidence of acute and chronic wounds and the surging demand for novel and advanced wound management products for the treatment of acute and chronic wounds.

Request a Sample Copy of this Report at http://www.reportsnreports.com/contacts/requestsample.aspx?name=165110 .

In the process of determining and verifying, the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (70%) and Tier 2 (30%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-Level (62%), Directors (21%) and others (17%) from various key organizations operating in the wound care market. The primary interviews were conducted worldwide covering regions such as North America (50%), Europe (20%), and Asia Pacific (30%).

Research Coverage: The report analyses the wound care market by product, wound type, end user, and regions. Apart from comprehensive geographic & product analysis and market sizing, the report also provides a competitive landscape that covers the growth strategies adopted by industry players over the last three years. In addition, the company profiles include the product portfolios, developments, and strategies adopted by prominent market players to maintain and increase their shares in the market. Market research data, current market size, and forecast of the future trends will help key market players and new entrants to make the necessary decisions regarding product offerings, geographic focus, change in strategic approach, and levels of output in order to remain successful in the type, products, applications, end users, and regions.

Another research titled Medical Supplies Market Global Forecast to 2021 says, the medical supplies market is expected to reach $136.63 billion by 2021 from $98.33 billion in 2016, at a CAGR of 6.8% during the forecast period and driven by the rising geriatric population, increasing incidence of various diseases, and rising number of surgeries. Companies such as 3M Company (U.S.), Boston Scientific Corporation (U.S.), Medtronic plc (Ireland), Johnson & Johnson (U.S.), Thermo Fisher Scientific Inc. (U.S.), Cardinal Health, Inc. (U.S.), B. Braun Melsungen AG (Germany), Becton, Dickinson and Company (U.S.), Baxter International Inc. (U.S.), Halyard Health, Inc. (U.S.) have been profiled in this 225 pages research report available at http://www.reportsnreports.com/reports/943806-medical-supplies-market-by-type-diagnostic-dialysis-wound-care-inhalation-infection-control-infusion-intubation-ppe-application-anesthesia-radiology-sterilization-end-user-hospital-clinic-nursing-st-to-2021.html .

Explore more reports on Medical Devices Market at http://www.reportsnreports.com/market-research/medical-devices/ .

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