IMARC Group, a leading market research company, has recently releases report titled, “ Wound Care Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 “, The study provides a detailed analysis of the industry, including the global wound care market share size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advances in the market.
Report Highlights
The global wound care market size reached US$ 21.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 28.3 Billion by 2028, exhibiting a growth rate (CAGR) of 5.01% during 2023-2028.
The medical care given to treat wounds or the harmed tissues beneath them is referred to as wound care. It includes ongoing inspection and monitoring of the wound healing process to make sure it heals properly and to spot any potential issues. To speed up the healing process, some therapies are used, such as pain control, topical or oral antibiotics, and nutritional support. They help lessens the risk of infection, accelerate the recovery process, and enhance the overall quality of life for patients with acute or chronic wounds. Owing to these benefits, wound care solutions are widely adopted in clinics, hospitals, home care settings, and long-term facilities.
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The market is primarily being pushed by the rise in cases of chronic trauma brought on by accidents on the road, natural disasters, and other chronic wounds such pressure ulcers and diabetic foot ulcers. Additionally, there is a greater need for wound care to promote quicker healing and avoid infections due to the increase in surgical operations as well as the increased concern for post-operative surgical wounds. Moreover, the widespread adoption of advanced wound care products, such as antimicrobial dressings, negative pressure wound therapy, and bioactive dressings, to effectively minimize the risk of infection and promote healing, represents another major growth-inducing factor. Besides this, the introduction of novel moist wound dressing variants by key players based on synthetic polymers and the launch of innovative wound care products with enhanced efficacy, patient comfort, and ease of use, such as smart dressings that can monitor healing and alert healthcare providers to any complications, is also creating a favorable market outlook.
The report has segmented the market into the following categories:
Product Type Insights
Wound Type Insights
End User Insights
Breakup by Region:
The report covers the major market players including:
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