Global Advanced Wound Care Market – Analysis and Forecast (2018-2024)

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Global Advanced Wound Care Market

Industry Overview The global advanced wound care market is predicted to grow at 6.0% CAGR during the forecast period with the market size reaching USD 16.0 billion by 2024. Advanced wound care products are used for the treatment of chronic and acute wounds. These products manage wound effectively and enable faster

healing. Different products such as advanced, wound therapy device and active wound care products are majorly contributing to the advanced wound care market size.

Global Advanced Wound Care Market

Growth Drivers Expanding geriatric population, mounting occurrence of diabetes, escalating occurrence of wound ulcer and surgical wounds, escalating research and development activities, introduction of novel treatments for advanced wounds, favorable reimbursement scenario, and technological advancement in advanced wound

care products are the key factors leading to the growth in the advanced wound care market, globally.

Global Advanced Wound Care Market

Geographic Overview Geographically, North America is the largest advanced wound care market due to the introduction of novel treatments for advanced wounds, and escalating healthcare expenditure. In addition, expanding the

geriatric population, technological advancement in advanced wound care products, the upsurge in the prevalence of chronic wounds, and mounting occurrence of diabetes are also fueling the growth of the North American advanced wound care market. Explore Full Report Description at: https://www.vynzresearch.com/healthcare/advanced-wound-care-

market

Global Advanced Wound Care Market

Competitive Insight Market players in the advanced wound care industry are investing capital to develop technologically advanced systems. In June 2018, Acelity L.P. Inc., acquired Crawford Healthcare, to expand its product portfolio of advanced wound dressings. Smith & Nephew, 3M Company, Medtronic Plc., MĂślnlycke

Healthcare (A Part of Investor AB), Coloplast Corporation, Paul Hartmann, Cardinal Health, B. Braun, Mimedx Group, Convatec Group, Integra Lifesciences Holdings Corp., and Acelity L.P. Inc. are some of the key players offering solutions for advanced wound care.

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