29-Sep-2020 | Zion Market Research
As per Zion Market Research, the global wound healing market is predicted to see solid development in the coming period due to rising access to healthcare and increasing number of accidents. The market is expected to reach US$ 25.34 in capitalization by 2025, developing at a CAGR of more than 4.6%. Enhanced wound care is expected to power solid development in developed nation, owing to advanced technology and major elevation in chronic illnesses.
Major players in the global market include Integra LifeSciences Corporation, Smith & Nephew plc, Mölnlycke Health Care AB, B. Braun Melsungen AG, Ethicon, Inc., 3M Healthcare, Cardinal Health, Hill-Rom Holdings, Inc., ConvaTec Inc., Acelity L.P., Inc., Coloplast Group, BSN medical, Organogenesis Inc., Medline Industries, Inc., and Hollister Incorporated.
Women Category To Capture Comparatively Major Market Share In The Years To Come
In case of females, particularly in middle and low income nations, there is major gap between actual and reported cases of chronic wounds and diabetes, which is expected to enhance in the coming years. In terms of gender, women category had more than half the share of global wound healing market in terms of income. Different outreach programs and initiatives such as Wound Awareness Week are expected to elevate the awareness all over the world.
Asia Pacific To Clock Solid Rate Of Growth And Proved Huge Growth Avenues
Healthcare investment in up-and-coming nations such as India and China are increasing, which is powering the development of wound healing market in Asia Pacific. Geographical development of global companies to this region via licensing and distribution agreements with domestic distributors in the area are expected to power the development of Asia Pacific in global market for wound healing by 2025. Regaining economic development in Latin America nations such as Brazil is enhancing the healthcare expenditure via entry of health care providers and global wound healing products manufacturers as well as elevation in private health insurance in this region.
Browse the full “Wound Healing Market, By Type (Dressing, Bandage, Topical Agent, Wound Closure Agent, Gauzes & Sponges, Tapes and Therapy Devices), By Wound Type (Acute wound, chronic wound and Ulcer), By Gender (Men and Women): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026.” Report at https://www.zionmarketresearch.com/report/wound-healing-market
The global wound healing market is segmented as follows:
By Wound Type
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