Global Wound Care Market is segmented By Product (Advanced Wound Dressings, Foam Dressings, Hydrocolloid Dressings, Film Dressings, Alginate Dressings, Hydrogel Dressings, Antimicrobial Dressings, Collagen Dressings, Hydrofiber Dressings, Wound Contact Layers, Wound Therapy Devices, Active Wound Care Products, Surgical Wound Care Products, Traditional Wound Care Products), By Wound Type (Diabetic Foot Ulcers, Pressure Ulcers, Surgical & Traumatic Wounds, Venous Leg Ulcers, Burns, Other Wounds), By Distribution Channel (Hospitals Pharmacies, Retail Pharmacies, Drugs Stores, Online Pharmacies, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2021-2028
The Global Wound Care Market is expected to grow at a CAGR of 7.68% during the forecasting period (2021-2028).
Increasing aging population, advancements in technologies, rising prevalence of diabetics, increasing patient awareness, raising patient healthcare expenditure are the major factors driving the growth of the market
High costs of the treatment and unfavorable reimbursement policies are the major factors restraining the growth of the market in the forecasted period.
By product type, therapy devices account for the largest market share of 32.14% in 2018, closely followed by YY with 32.06%. By the end of the forecasted period, the YY market is expected the largest with a share of 32.53%.
By YY, Foams are expected to have the largest market with a market value of USD YY million in 2017.
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