Press release
Australia Wound Care Management Devices Market to Expand at a CAGR of 7.5% during 2019 – 2024 | Top Key Manufacturers - 3M, Coloplast AS, ConvaTec, J & J, Medtronic, Smith & Nephew
The report covers a forecast and an analysis of the Wound Care Management Devices Market on a Australia and regional level. The study provides historical data for 2016, 2017, and 2018 along with a forecast from 2019 to 2024 based on revenue and volume.Overview of the Australia Wound Care Management Devices Market:
The report spread across 69 pages is an overview of the Australia Wound Care Management Devices Market. These report study based on the Wound Care Management Devices Market. It is a complete overview of the market, covering various aspects prevailing market landscape. It accumulates comprehensive information and research methodologies.
The Australia Wound Care Management Devices Market is expected to witness a CAGR of 7.5% during the forecast period (2019 - 2024). Some of the major key factors that are driving the growth of the Australia Wound Care Management Devices Market include rising incidences of chronic wound, growing demand for faster recovery of wounds, and an increase in surgeries.
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As per the 2016 article “Chronic wounds should be one of Australia's National Health Priority Areas”, chronic wounds are a poorly recognized chronic disease that causes pain and suffering. Chronic wounds cost the Australian healthcare system AUD 2.85 billion per annum. Unlike the highly profiled and relatively well-funded chronic diseases that comprise the Australian National Health Priority Areas, chronic wounds remain a largely hidden and poorly supported problem in the Australian community. Yet, the awareness regarding the condition and the demand for fast recovery of these wounds have been observing a significant rise in Australia over the past few years, thus generating a huge opportunity for the growth of the market in the country.
Advanced Wound Management is expected to Show Lucrative Growth in the Product Type; Advanced wound care management products are used for the treatment of acute and chronic wounds, including leg, diabetic, and pressure ulcers, burns, and post-operative wounds. Most of the companies offer a comprehensive advanced wound care dressings portfolio, in order to protect and promote a moist wound healing environment. Advanced products for the wound healing process are generally prescribed by clinicians after a visit to the doctor or hospital.
Industry Analysis: The Australian Wound Care Management Devices Market, which is highly competitive, consists of several major players. Companies, such as 3M Health Care Ltd, Coloplast AS, ConvaTec Inc., Covidien PLC, Hollister Incorporated, Johnson & Johnson, Medline Industries Inc., and Smith & Nephew PLC, among others, hold a substantial market share in the Australian wound care management devices market.
This comprehensive Wound Care Management Devices Market research report 2019 – 2024 includes a brief on these trends that can help the businesses operating in the industry to understand the market and strategize for their business expansion accordingly. The research report analyzes the market size, industry share, growth, key segments, CAGR and key drivers.
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Major Key Players:
1 3M Health Care Ltd
2 Coloplast AS
3 ConvaTec Inc.
4 Hollister Incorporated
5 Johnson & Johnson
6 Medline Industries Inc.
7 Medtronic PLC
8 Smith & Nephew PLC and More……………..
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This study answers to the below key questions:
1 What will the market size be in 2024 and what will the growth rate be?
2 What are the key market trends?
3 What are the challenges to market growth?
4 Who are the key players in this market?
5 What are the market opportunities and threats faced by the key players?
Table of Contents:
1 Introduction
2 Australia Wound Care Management Devices Market Research Methodology
3 Executive Summary
4 Australia Wound Care Management Devices Market Dynamics
5 Australia Wound Care Management Devices Market Segmentation
6 Competitive Landscape
7 Australia Wound Care Management Devices Market Opportunities and Future Trends
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We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.
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