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Global advanced wound care (AWC) market was valued at $7,117 million in 2015 and will reach $12,454 million at an expected CAGR of 8.3% from 2016 to 2022. Active wound care is projected to be the dominant segment by 2022. North America is estimated to maintain its lead position throughout the forecast period with around two-fifths share in 2015.<br><br>Major factors that boost the market growth include the change in lifestyle conditions that lead to increased diabetic wounds and pressure ulcers, technological advancements, favorable reimbursement scenario in developed economies, and increase in adoption rate of advanced wound care products. Moreover, there is a positive correlation between aged population and frequent occurrences of severe chronic & surgical wounds. High unmet medical needs and rise in preference for products that enhance therapeutic outcome are anticipated to drive the demand for these products. However, high cost of products and unfavorable reimbursement policies in the emerging countries restrict the market growth.<br><br><br>Read more details at: https://www.alliedmarketresearch.com/advanced-wound-care-market
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Advanced Wound Care Market Opportunities and Forecasts, 2014 – 2021 Page No: 123 Publish: 2016
ADVANCED WOUND CARE MARKET OVERVIEW • Advanced wound care and wound closure products have emerged as a promising solution for faster wound healing. • The report covers the analysis of world AWC market based on product type, application, end user, and geography. • A new report published by Allied Market Research, titled, "Advanced Wound Care Market Global Opportunity Analysis and Industry Forecast, 2014 2022, states that the global advanced wound care (AWC) market was valued at $7,117 million in 2015 and will reach $12,454 million at an expected CAGR of 8.3% from 2016 to 2022. • Read More At:- https://www.alliedmarketresearch.com/advanced-wound-care-market
ADVANCED WOUND CARE MARKET KEY FINDINGS • Therapy device was the leading segment in 2015, and is projected to grow at a CAGR of 4.3% during the forecast period. • The active wound care segment is estimated to grow at a CAGR of 20.6%. • The chronic wounds application segment is expected to grow at the fastest CAGR of 8.8%. • U.S. was the largest country in 2015, and is projected to maintain its lead position until 2022. • China and Japan are the major shareholders, jointly accounting for almost two-fifths share of the Asia-Pacific market, in 2015.
KEY BENEFITS OF THE REPORT • The report provides an in-depth analysis of the advanced wound care market across major regions as well as the total revenue generated during the forecast period. • Quantitative analysis of the current trends and future estimations from 2016 to 2022 is presented, which assists the manufacturers to analyze the market. • The report also provides quantitative as well as qualitative market trends to facilitate the stakeholders in understanding the situations prevailing in the market. • The projections in the report are made by analyzing the current market trends and highlighting the market potential, in terms of value. • Sample Report At:-https://www.alliedmarketresearch.com/request-free-sample/903
KEY PLAYERS IN INDUSTRY • Smith and Nephew • 3M • Coloplast • Medtronic plc • Acelity L.P. Inc. • BSN medical • Covidien • ConvaTech • Derma Sciences • Integra LifeSciences • Baxter International
ADVANCED WOUND CARE MARKET KEY FINDINGS • “Chronic wounds are hard to heal, which take substantial time to heal and are expensive to treat. Advanced wound care and closure products are increasingly gaining popularity as standard solutions for treating chronic wounds. Traditional products are being increasingly substituted with advanced products, mainly due to their effectiveness in managing wounds by promoting faster healing.” • Debbie Shields
ADVANCED WOUND CARE MARKET SEGMENTS
ADVANCED WOUND CARE MARKET BY GEOGRAPHY • North America, Europe, Asia-Pacific, LAMEA
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