North American Wound Care Market Is Estimated to Grow CAGR Between 3 to 4 % during the Period 2018 to 2024

A North American active wound care market is estimated and forecasted in terms of revenue (in USD million) generated by the active wound care products from 2018 to 2024. The market is estimated to grow CAGR between 3 to 4 % during the period under consideration. However active wound dressings recorded more than 70% of market share & more than 60 % of wound active wound care products used in the treatment of surgical wounds in 2015. The North American market is expected to grow around CAGR 3.5% during 2018 – 2020. Mölnlycke Health Care, Smith & Nephew and ConvaTec together recorded more than 50 % market share in the North American region in 2015. The North American active wound care market can be segmented by type dressings and graft cover dressings, further the dressings are can be sub-segmented foam dressings, hydrogels, hydrocolloids, film dressings, Collagen etc. By geography the United States and Canada are the geographies are included in the report.

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The North American Active Wound Care Market Driven Factors:
The global market is driven by factors such as increasing population in North American regions, growing number of diabetes patients and the number of new products with better technology launched in the market. However the major restraints of the market lengthy, the stringent and time-consuming procedure of approval of devices and the high cost of the products.

The report includes an in-depth analysis of market drivers, restraints, market trends and competitive landscape across various geographies. In the competitive landscape, the section includes all market deals of the last 3 years of active wound care market. It includes new product launches, mergers, and acquisitions, joint ventures, agreements etc.

Leading Key Players Analysis:
The key companies of the market Smith and Nephew, Integra Life Sciences Corp., Mölnlycke Healthcare, Convatec, Coloplast Corp., Organogenesis Inc., Kinetic Concepts, and Medline Industries. are profiled in the report. Each company profile includes company financials, detailed product portfolio, and recent developments.

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The market size is estimated and forecasted by utilizing fundamental inputs gathered from comprehensive data extraction of both free and paid sources which are further validated by primary interviews and various macro-economic factors which affect the market. Market data extraction was not limited to active wound care market but also extracted for all related markets which affect or influences the active wound care market to see relative growth. Free sources were used for data extraction like association, standardization institutions and key company websites, annual reports, journals etc. Paid sources such as Factiva, Bloomberg, One Source etc. were also used

Why Buy This Report:

•The report offers to change market dynamics in the active wound care industry, presenting historical, current and projected market size in terms of value (USD Million)

•The research study provides an in-depth analysis of the industry value chain focusing on the peer and parent markets of active wound care market

•It presents a comprehensive assessment of geographical regions exhibiting promising growth, potential and niche segments, and a neutral perspective on the active wound care market performance

•The report also offers strategic recommendations in key business segments based on the market estimations and competitive landscape, mapping the key common trends of active wound care market

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