According to the recent study the advanced wound care market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 6% to 8% from 2023 to 2028. Growth in this market is primarily driven by increasing prevalence of diabetes, increasing geriatric population, and an increasing number of surgical procedures across the globe.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in advanced wound care market by product (dressings, devices & accessories, grafts & matrices, and tropical agents), wound type (surgical and traumatic wounds, diabetic foot ulcers, pressure ulcers, venous leg ulcers, and burns & other wounds), end use industry (hospitals, specialty clinics, home healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
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“Surgical and traumatic wounds market is expected to remain the largest segment during the forecast period.”
Based on wound type, the advanced wound care market is segmented into surgical and traumatic wounds, diabetic foot ulcers, pressure ulcers, venous leg ulcers, and burns & other wounds. Lucintel forecasts that the surgical and traumatic wounds market is expected to remain the largest segment due to increasing number of surgical procedures performed and a rising frequency of chronic illnesses.
“Within the advanced wound care market, the hospitals segment is expected to remain the largest end use industry”
Based on end use industry the hospitals segment is expected to witness the highest growth over the forecast period due to increasing hospital admissions for chronic wounds, an increase in the number of surgeries, and rising incidences of hospital-acquired pressure ulcers & infections.
“North America will dominate the advanced wound care market in near future”
North America will remain the largest region due to well developed healthcare infrastructure, an increase in the number of surgical procedures, a rising number of road accidents & sports injuries, and the presence of several key players in the region.
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Major players of advanced wound care market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. ConvaTec, Smith & Nephew, MiMedx,3M, Coloplast Corp, Tissue Regenix, Derma Sciences, Organogenesis, and Integra LifeSciences are among the major advanced wound care providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/advanced-wound-care-market.aspx or [email protected]