The global Advanced Wound Dressing Market size is expected to
reach USD 8.82 billion by 2026 registering a CAGR of 4.3%, according to a new
report by Grand View Research, Inc. Increasing prevalence of chronic diseases
and rising cases of sports injuries and road accidents are the key driving
factors for the global advanced wound care dressing market. According to the Association
for Safe International Road Travel (ASIRT), around 20–50 million people are
injured or disabled every year due to road accident. Road traffic accident is
the ninth leading cause of death worldwide. For instance, as per the Fatality
Analysis Reporting System (FARS) data, California recorded around 3,602 road
accidents in 2017.
Browse Details of Report @
https://www.grandviewresearch.com/industry-analysis/advanced-wound-care-dressing-market
Thus, increasing cases of road accidents
are expected to boost the demand for advanced wound dressing products over the
forecast period. Chronic wounds, such as diabetic foot and venous leg ulcers,
are some of the common conditions in the geriatric population. As per the U.S.
Census Bureau, the number of people aged 65 years and above increased by 1.6
million from 2014 to 2015. Thus, increasing incidence of chronic wounds coupled
with growing geriatric population across the globe is anticipated to fuel the
demand for advanced wound dressing.
Browse Details of Report @
https://www.grandviewresearch.com/industry-analysis/advanced-wound-care-dressing-market
Further key
findings from the study suggest:
- In terms of revenue, foam dressing segment held the largest
advanced wound care market share in 2018 and is expected to maintain its
leading position throughout the forecast period owing to rising cases of
road accidents and sports injuries
- Chronic wound application segment is expected to witness the
fastest CAGR over the forecast period owing to rising cases of diabetes
across the globe
- Home healthcare segment is expected to witness the fastest growth
over the forecast period due to rising geriatric population
- Asia Pacific is expected to witness the fastest CAGR from 2019 to
2026 on account of increasing cases of road accidents and sports injuries
- Prominent companies in the advanced wound dressing market are Smith
and Nephew PLC; Molnlycke Health Care AB; and Baxter International, Inc.
About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Blog: https://healthcareforecastreport.blogspot.com/
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Blog: https://healthcareforecastreport.blogspot.com/
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