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North America Wound Dressing Market Analysis, Share, Growth Drivers and Forecast by 2023

10-04-2018 07:10 AM CET | Health & Medicine

Press release from: P&S Intelligence - Healthcare

North America Wound Dressing Market Analysis, Share, Growth

North America accounted for the largest share of the wound dressing market, with 40.5% share in 2017. This is attributable to increasing geriatric population, rising number of road accidents, growing number of diabetes and obesity cases, and increase in burn cases in the region.

Browse report sample at: https://www.psmarketresearch.com/market-analysis/wound-dressings-market/report-sample

Road accidents are responsible for the formation of severe wounds and their incidence is increasing, which is fueling the demand of wound dressing products. According to the U.S. Department of Transportation’s National Highway Traffic Safety data, which was collected from all 50 states and the District of Columbia, 37,461 lives were lost on the U.S. roads in 2016, an increase of 5.6% from 2015. As a result, the demand for wound dressing is expected to increase in this region.

Additionally, the growing prevalence of diabetes and burn incidences is further fueling the demand for the wound dressing products in the region. According to Centers for Disease Control and Prevention (CDC), as of 2015, 30.3 million Americans – 9.4% of the U.S. population had diabetes and another 84.1 million had prediabetes, a condition that if not treated, often leads to type 2 diabetes within five years. Diabetes hampers the normal physiological functions in the body, thus leading to delayed wound healing and development of diabetic foot ulcers. Therefore, increasing diabetes prevalence is expected to fuel the demand for wound dressings in the region.

Browse report at: https://www.psmarketresearch.com/market-analysis/wound-dressings-market

The key players operating in the wound dressing industry are launching various advanced wound dressing products in order to strengthen their position in the advanced wound dressing market. For instance, in 2017, ConvaTec Group Plc launched AQUACEL, a surgical dressing for reducing surgical site infection. It has a thin adhesive layer, to aid conformability for specific types of surgical wounds such as cesarean section and lumbar spine surgery, and also provides antimicrobial protection.

Some of the other key players operating in the wound dressing market are 3M Company, Medtronic plc, Smith & Nephew plc, Hollister Incorporated, Integra Lifesciences Corporation, Johnson & Johnson, DeRoyal Industries Inc., Mölnlycke Health Care AB and DermaRite Industries LLC.

About P&S Intelligence

P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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