Wound Healing Market Report 2019 Foresees the Market to reach USD 26.8 BN by 2026
Posted On June 22, 2020
A market research report anticipates the Global Wound Healing Market to reach USD 19.8 BN in 2019. It is estimated to grow and reach USD 26.8 BN mark by 2026. The report publisher, Value Market Research expects a CAGR of 4.4% during 2020 to 2026. The rising rate of trauma injuries and road accidents is driving the demand for faster recovery and wound healing. Also, the growing geriatric population and rise in the number of patients suffering from diabetes are contributing largely to market growth. The elderly population is growing faster than any other age group World Health Organization and increased age is a major risk factor for impaired wound healing. This population is prone to develop chronic non-healing diabetic foot ulcers which are projected to affect in 15% of all persons with diabetes. Research on advanced and efficient wound care therapies and products and growing adoption of stem cell therapy for healing of chronic wounds is further pushing the market growth.
Wound healing also known as tissue healing is a natural biological process of replacing devitalized and missing cellular structures and tissue layers. In simple words, it is referred to as a process of replacement of destroyed tissue by living tissue. The body heals a wound in four main stages: hemostasis, inflammation, proliferation, and remodeling.
"Global Wound Healing Market Report By Product Type (Dressings, Bandages, Tropical Agents, Wound Closure Agents, Gauges & Sponges, Tapes And Therapy Devices), Wound Type (Acute Wound, Ulcers, And Chronic Wound), Gender (Male And Female) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2019-2026" report begins with the market introduction, market snapshot followed by in-depth regional revenue/volume for the next six years. The contents of the report talks about historic data along with throwing light on the future opportunities of the wound healing market.
By product type the market is bifurcated into dressings, bandages, tropical agents, wound closure agents, gauges & sponges, tapes and therapy devices. On the basis of wound type the wound healing market is bifurcated into acute wound, ulcers, and chronic wound. By gender the market is bifurcated into male and female.
The report covers North America (North America, United State and Rest of North America), Europe (United Kingdom, France, Germany, Rest of Europe), Asia Pacific (China, Japan, India, Rest of Asia Pacific), Latin America (Brazil, Rest of Latin America) and Middle East & Africa. The data tables in these chapters give the market estimates on the basis of all the segments.
The Report Segments Global Wound Healing Market -
By Product Type
- Tropical Agents
- Wound Closure Agents
- Gauges & Sponges
- Therapy Devices
By Wound Type
- Acute Wound
- Chronic Wound
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Players Profiled In the Report:
3M Healthcare, Acelity L.P., Inc., B. Braun Melsungen AG, BSN medical, Cardinal Health, Coloplast Group, Hollister Incorporated, Integra LifeSciences Corporation, Medline Industries, Inc., Mölnlycke Health Care AB, Organogenesis Inc., and Smith & Nephew plc.
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