Premium Market Insights has announced the addition of the “Advanced Wound Care Market”. The report focuses on global major leading industry players with information such as company profiles, product picture and specification.
The Global advanced wound care market is expected to reach US$ 11,564.6 Mn in 2025 from US$ 8,181.9 Mn in 2017. The market is estimated to grow with a CAGR of 4.5% from 2016-2025.
The Growth of the advanced wound care market is primarily attributed to the rise in the geriatric population over the years. The elderly population is defined as group of people aged 65 and over. Population ageing is poised to become one of the most significant social transformations of the twenty-first century. According to the report of United Nations, in 2017, there were approximately 962 million people aged 60 or over across the globe, that consists of 13 per cent of the global population. Although, the lack of the reimbursement is hampering the market growth. The reimbursement offered for the anti-microbial dressings is a major concern. The current system of coverage and reimbursement in many cases has resulted in severe underpayment to providers for the appropriate, best-practice care of complex and chronic wounds. In addition, the increasing medical tourism in emerging nations are likely to have a positive impact on the growth of the market in the coming years.
Get Sample PDF For More Professional And Technical Insights at: https://www.premiummarketinsights.com/sample/TIP00003848
Global advanced wound care market, based on the product was segmented into dressings, advanced wound devices, and advanced wound bioactives. In 2017, the dressings segment held the largest share of the market, by product. This segment is also expected to dominate due to the increased demand for dressings and it is also expected to grow at the fastest rate during the coming years since the dressings provide better healing properties. Advanced wound care treatments revolve around the principle of moisture therapy, which provides moisture to the wound site to encourage natural cell repair while giving the wound room to breathe.
Global advanced wound care market, based on the wound type was segmented into ulcers, burns, trauma, surgical, and diabetic foot. In 2017, the surgical segment held the largest share of the market, by wound type. In addition, the surgical wound is also expected to grow at the fastest rate during the coming years owing to factors such as, rising number of surgical procedures, and increasing wounds due to the surgical procedures.
Some of the major primary and secondary sources included in the report are World Health Organization (WHO), Center for Biologics Evaluation and Research, International Society of Aesthetic Plastic Surgery, Agency for Healthcare Research and Quality, National Programme for Prevention & Management of Burn Injuries.
Get Complete Report at: https://www.premiummarketinsights.com/buy/TIP00003848
Name: Sameer Joshi
Email: [email protected]
Organization: Premium Market Insights
About Premium Market Insights:
Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries. Our commitment to customer service is best exemplified by free analyst support that we offer to our clients which sets us apart from any other provider.
This post was originally published on The Picayune Current