Traditional Wound Management Market Expected to Observe Spectacular Growth rate in the outlook (2021 to 2028) | Molnlycke Health Care AB, PAUL HARTMANN AG, Smith & Nephew

The global traditional wound management market was valued at $5,247.9 million in 2020 and is projected to reach $7,635.0 million by 2028 registering a CAGR of 4.70 % from 2021 to 2028.

Gauze, lint, plasters, bandages (natural or synthetic), and cotton wool are traditional wound dressings that are dry and used as primary or secondary dressings to protect the wound from infection. It is used in the chronic wound treatment such as pressure ulcers, diabetic foot ulcers, venous leg ulcers, and arterial ulcers. Its application also includes its use for major surgeries to treat surgical wounds as well as various acute wounds such as burns and trauma.

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The factor that drives the traditional wound management market growth includes rise in the occurrence of diabetes due to the unhealthy lifestyle of people. Moreover, an increase in the prevalence of acute wounds such as burn, trauma and chronic wounds such as pressure ulcers, diabetic foot ulcers, venous leg ulcers, arterial ulcers drive the growth of the traditional wound management market.

In addition, the application of traditional wound management products in various surgical wounds and the surge in the geriatric population further boost the growth of the market. However, an increase in the development and adoption of advanced wound care products are expected to restrain the growth of the market. Moreover, improvements in regulatory environments in developing countries are anticipated to provide lucrative growth opportunities for market players.

LIST OF KEY PLAYERS PROFILED IN THE REPORT
- B.Braun Melsungen AG
- BSN Medical
- Cardinal Health
- Derma Sciences Inc.
- Johnson & Johnson Pvt. Ltd.
- Medtronic PLC
- Medline Industries, Inc.
- Molnlycke Health Care AB
- PAUL HARTMANN AG
- Smith & Nephew

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KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the global traditional wound management market along with the current trends and future estimations to elucidate the imminent investment pockets.
- A comprehensive analysis of the factors that drive and restrict the market growth is provided in the report.
- Comprehensive quantitative analysis of the industry from 2020 to 2028 is provided to enable the stakeholders to capitalize on the prevailing market opportunities.
- Extensive analysis of the key segments of the industry helps understand the application and products of traditional wound management used across the globe.
- Key market players and their strategies have been analyzed to understand the competitive outlook of the market.

KEY MARKET SEGMENTS

By Product
- Gauze
- Bandage
- Cotton
- Others

By Application
- Acute wound
- Chronic Wound

By End User
- Hospitals & Clinics
- Home Healthcare
- Ambulatory Surgical Centers
- Other

By Region
- North America
o U.S.
o Canada
o Mexico
- Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe
- Asia-Pacific
o Japan
o China
o India
o Australia
o South Korea
o Rest of Asia-Pacific
- LAMEA
o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA

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