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Advanced Wound Care Market 2020 Regional Growth Drivers, Opportunities, Trends, and Forecasts to 2025

Author : Ronak Bora | Published Date : 2020-09-18 

Advanced Wound Care Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

The advanced wound care market is projected to attain remarkable growth on account of increasing occurrence of chronic diseases and a rise in cases of physical injuries worldwide. Growing prevalence of patients with chronic and acute injuries have driven the need for advanced wound care products and services.

Increasing lifestyle changes and surge in geriatric population have caused a rise in prevalence of chronic diseases. Risks associated with untreated wounds and its following cost burden will encourage people to adopt advanced wound care products. According to a study conducted by GMI, the advanced wound care market might surpass USD 13.5 billion by the year 2025.

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/2871

Diabetic wounds are usually caused on wounded feet and nerve damages. These wounds are relatively tougher to treat and are one of the main reasons for dampening patient’s quality of life. These wounds also lead to an enormous cost burden due to extended hospital stay. Growing cases of diabetes coupled with rising occurrence of diabetic wounds could propel the demand for advanced wound care. 

According to the Centers for Disease Control and Prevention (CDC), in 2018, nearly 34.2 million people in the United States suffered from diabetes, out of which approximately 26.8 million people were clinically diagnosed. Reports meanwhile claim that the diabetic wounds segment had controlled almost 14.4% of the entire revenue share in 2018.

Europe is regarded as a promising ground for advanced wound care companies and is predicted to register a 5% growth over the forecast timeline. Countries like UK, France and Germany are said to represent a major portion of the Europe market, while nations like Netherland, Spain, Austria, and Belgium are set to register noteworthy CAGR within by end of the analysis period.

Factors like surging cases of chronic and acute wounds, high awareness levels about the benefits of advanced wound care solutions as well as aging demographics in Europe could enhance regional business outlook.

Companies operating in the advanced wound care industry are constantly implementing both organic and inorganic business strategies like new product launch, acquisitions and partnerships to improve their market presence. Taking August 2020 for instance, One Equity Partners announced that it has acquired prominent advanced wound care, urology and ostomy service provider, American Medical Technologies (AMT). This acquisition would help AMT to extend its value-added services to skilled nursing institutions. 

Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/advanced-wound-care-market

Partial Chapter of the Table of Content 

Chapter 5.  Advanced Wound Care Market, By Application

5.1. Advanced wound care market share, by application, 2018 & 2025

5.2. Diabetic wounds

5.2.1.  Market size, by region, 2014 - 2025 (USD Million)

5.3. Skin burns

5.3.1.  Market size, by region, 2014 - 2025 (USD Million)

5.4. Pressure wounds

5.4.1.  Market size, by region, 2014 - 2025 (USD Million)

5.5. Surgical wounds

5.5.1.  Market size, by region, 2014 - 2025 (USD Million)

5.6. Venous legs ulcers

5.6.1.  Market size, by region, 2014 - 2025 (USD Million)

5.7. Others

5.7.1.  Market size, by region, 2014 - 2025 (USD Million)

Chapter 6.  Advanced Wound Care Market, By End-use

6.1. Advanced wound care market share, by end-use, 2018 & 2025

6.2. Hospitals

6.2.1.  Market size, by region, 2014 - 2025 (USD Million)

6.3. Homecare settings

6.3.1.  Market size, by region, 2014 - 2025 (USD Million)

6.4. Others

6.4.1.  Market size, by region, 2014 - 2025 (USD Million)

 

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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