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Advanced Wound Care Market 2018 Global Analysis, Opportunities And Forecast to 2024

03-19-2019 01:37 PM CET | Health & Medicine

Press release from: VynZ Research

Advanced Wound Care Market 2018 Global Analysis, Opportunities

The global advanced wound care market is driven by the factors such as the mounting occurrence of the surgical wound and wound ulcer, expanding the geriatric population, mounting healthcare expenditure, escalating adoption of evidence-based treatment for chronic wounds, awareness programs for advanced wound care treatment and management, the introduction of new treatments for advanced wounds.

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The mounting occurrence of lifestyle associated diseases such as diabetes, favorable reimbursement scenario, technological advancement in wound care products, and increasing research and development activities are further fuelling the growth of the market.

The market for advanced wound care is primarily driven by the increasing occurrence of the surgical wound and wound ulcers. With the expanding geriatric population, and mounting occurrence of lifestyle associated diseases such as diabetes has resulted in demand of advanced wound care products for the management and treatment, which further decreases the length of stay in the hospital and reduces the cost involved.

North America accounted for the major share in the advanced wound care industry in 2017, globally due to the growing geriatric population, and technological advancement of the products.

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Moreover, Asia-Pacific is observed to witness the fastest growth in the advanced wound care market, owing to escalating government support. Mounting healthcare expenditure, boosting demand for advanced wound care products, expanding the geriatric population, and an upsurge in medical tourism are some of the factors fuelling the growth of the Asia-Pacific advanced wound care market.

Key players in the advanced wound care industry are investing in the development of advanced, which is strengthening their position in the market. Smith & Nephew, 3M Company, Medtronic Plc., Mölnlycke Healthcare (A Part of Investor AB), Coloplast Corporation, Paul Hartmann, Cardinal Health, B. Braun, Mimedx Group, Convatec Group, Integra Lifesciences Holdings Corp., and Acelity L.P. Inc. are some of the key players offering advanced wound care.

About VynZ Research

VynZ Research is a global market intelligence company providing research reports, industry intelligence and business advisory services to companies and institutions across the globe. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities.

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Kundan Kumar
Manager: Client Care

VynZ Research
Toll-Free:+919960288381
Website: www.vynzresearch.com
Email: support@vynzresearch.com

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