Overview of the Chinese Wound Care Market Wounds are the most commonly encountered medical conditions; hence the critical care of these injuries have become an important aspect. There are different types of wounds such as accidental injuries, surgical wounds, diabetic wounds, burn wounds to name a few. The global wound care market can be segmented based on the type of wound care products such as dressings, absorbents, sealants, compression kits and others. The Market Overview The wound care supplies market is composed of a wide range of products, the Chinese market composed of fast developing economies had remained untapped. But as this market expands, it has created abundant opportunities to launch new products. The China Wound Care Supplies market can be divided into the following segments, Basic, advanced, bioactive, traditional, and therapy devices. The China wound care market has witnessed a tremendous number of new product launches in the last couple of years. Factors that aid in Growth The requirement of low technology for the manufacturing of the wound care products and the availability of raw materials sourced at low cost have enabled the Wound dressing manufacturers in China to grow and expand globally. However,the wound care market in China is moving away from being an export- oriented industry to domestic sales- oriented industry, due to the contracting export market and increase in domestic demand. The percentage of aged population (over 60 years) being 18% and 10 % being diabetic, the country holds very high potential for growth of wound care products, also Chinese consumers have relied on traditional methods for treating wounds, however, as lifestyle adaptations to the western world, increase in household expenditure, rise in urbanisation the demand for first aid kids witnessed a surge. Other key factors fuelling the Chinese wound care market are increasing health reforms, expansion of organised retail, he enhanced focus of the government of China on healthcare reforms. MNC’s dominate the advanced wound dressing segment, while local manufacturers hold the higher share in
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Overview of the Chinese Wound Care Market the traditional wound care segment, Owing to advancement in technology and with new strategies in serving clinics, hospitals, the domestic manufacturers are making their way into the advanced wound care market. Contact Us NingBo Chinmed Technology Co.,Ltd Address: 20# XingZhong Road, Beilun District NingBo,ZheJiang315040 China T:0086-574-83071825/83071826/83071827/83006172 F:0086-574-87482209 Email:Info@nbchinmed.com Source URL: http://bit.ly/2kavxBA
Website: - http://www.nbchinmed.com