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How Are Developing Countries Helping in Advanced Wound Care Market Growth?

The advanced wound care market is categorized into wound therapy devices, advanced wound dressings, and active wound care products. Among all these, the industry was dominated by the advanced wound dressings category, which held a 53.3% share, in 2015. Further, negative pressure wound therapy (NPWT) devices, oxygen and hyperbaric oxygen equipment, and electrical stimulation devices are the divisions within the wound therapy device category. Among these, the NPWT devices division will witness the fastest growth, at a CAGR of 7.3%, during the forecast period.

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How Are Developing Countries Helping in Advanced Wound Care Market Growth?

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  1. Healthcare © P&S Intelligence. All rights reserved Page 1

  2. Advanced Wound Care Market to Grow due to Rising Incidence of Diabetes The number of burn cases across the globe is rising rapidly. For example, about 180,000 deaths occur due to burns every year, and majority of these cases occur in low- and middle-income countries, as per the World Health Organization . In addition to this, the annual number of burn incidence in India is about 6–7 millio n. A burn injury is caused by heat because of radioactivity, radiation, friction, electricity, or contact with chemicals. The damage caused by burn can cause severe damage to the skin and other affected tissues, which is why proper treatment is required for these cases. Receive Sample Copy of this Report:https://www.psmarketresearch.com/market-analysis/advanced- wound-care-market/report-sample Owing to this, the demand for advanced wound care products is growing rapidly. These products have a higher absorption capacity as compared to conventional wound care products, including sponge, wadding, gauze, and plaster, which is a crucial aspect for preventing wound seepage. Advanced wound care products also allow the exchange of oxygen, simultaneously blocking the entry of microbes into wounds, aid in the formation of new tissues, and retain moisture. It is due to these benefits that the global advanced wound care market is expected to progress at a significant pace in the years to come. Make an Enquiry before Purchase:https://www.psmarketresearch.com/send-enquiry?enquiry- url=advanced-wound-care-market Other than burns, advanced wound care products are also utilized for treating surgical & chronic wounds and ulcers. The highest demand for these products was created for surgical & chronic wounds, which can be ascribed to the surging cases of obesity and diabetes, growing geriatric population, and rising incidents of road accidents. Outpatient facilities and inpatient facilities are the major end users of advanced wound care products. Between these two, the demand for these products was the highest from inpatient facilities in the past due to the fact that these facilities provide specialized facilities to patients suffering from different kinds of wounds. Geographically, North America has been the largest user of advanced wound care products in the past, owing to the rising cases of obesity and diabetes, increasing geriatric population, and surging cases of road accidents in the region. Other than this, the Asia-Pacific region is projected to emerge as the fastest-growing advanced wound care market in the coming years. This is particularly attributed to the surging number of burn case and diabetes in the region. © P&S Intelligence. All rights reserved Page 2

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