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DUBLIN--(BUSINESS WIRE)--Dec 5, 2022--
The "Global Advanced Wound Care Market, By Product, NPWT, Debridement Devices, Grafts, Matrices, Topical Agents, By Wound Type, By End - User, & By Region - Forecast and Analysis 2022 - 2028" report has been added to ResearchAndMarkets.com's offering.
The Global Advanced Wound Care Market was valued at USD 9.40 Billion in 2021, and it is expected to reach a value of USD 13.00 Billion by 2028, at a CAGR of more than 4.75% over the forecast period (2022 - 2028).
Advanced wound care products are used to treat acute and chronic diseases. The conventional wound care products and solutions are now being replaced by advanced wound care products as they offer instant and effective treatment. The dressings for chronic injuries and surgeries consist of slivers and alginates which are used to keep the wound away from infection.
Moreover, biomaterials and skin grafts are used for wounds that cannot heal by themselves. Thus, with the market seeing a rise in new and more advanced products, which is likely to aid the market growth.
The changing demographics in terms of age and the rising preference for value-based services will boost the market growth. The demand for at-home health services is more among the aging population, which increases the demand for healthcare providers. Another factor that affects market growth is government support.
Aspects covered in this report
The Global advanced wound care market is segmented by Product (Dressings (Foam, Hydrocolloid, Film, Alginate), NPWT, Debridement Devices, Grafts, Matrices, Topical Agents), By Wound Type (Surgical, Traumatic, Ulcers, Burns), By End User (Hospital, Homecare) &. Based on region it is categorized into: North America, Europe, Asia-Pacific, Latin America, and MEA.
Driver
Restraint
Key Market Trends
Bioactive therapies are used for last-stage wounds and will further foster growth in the market. Key companies in the market are using nanofiber, allograft, xenograft, and cell-based therapies to fulfill the growing demand for urgent and effective wound management. The benefits of bioactive therapies such as reduction in treatment time, cost of the wound is gaining popularity among the consumers.
Another trend leading a positive market growth is the increased funding and investment in research and development of the market. Leading advanced wound care market players are investing immensely in research and development. These R&D activities are aimed at the development of technologically advanced products. High research and development activities in the industry will lead to the development of superior wound care products.
Companies Mentioned
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KEYWORD:
INDUSTRY KEYWORD: SURGERY HEALTH MEDICAL SUPPLIES
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 12/05/2022 08:19 AM/DISC: 12/05/2022 08:20 AM
http://www.businesswire.com/news/home/20221205005410/en