Wound Care Devices Market 2023: Share, Rising Demand, Industry Trends, Growth, Key Strategies And Major Players - Medtronic Inc., 3M Company, Smith & Nephew plc, Cardinal Health, Inc., ConvaTec Group Plc

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032.

As per the wound care devices market report by The Business Research Company, the Combination dressings are increasingly being used to treat chronic wounds. The most widely used combination dressing is an antimicrobial agent and a biological material that together acts as a combination dressing. Combination dressings blend the chemical and physical properties of two or more types of wound dressing products to provide, waterproofing, anti-bacterial and viral infections, and skin-friendly capabilities. For instance, ConvaTec offers AQUACEL combination dressings that are made up of Hydrofiber Technology that incorporates offers stitch bonding functionality and increases the tensile strength of the dressing to be used as a combination dressing with an absorbent for the treatment of chronic wounds. Most widely used combination dressings include silver alginate dressings, silver collagen dressings, collagen hydrochloride dressings, and foam dressings. These dressings are used in the treatment of chronic ulcers, traumatic wounds, and surgical wounds.

The global wound care devices market grew from $55.05 billion in 2022 to $59.79 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. The wound care devices market is expected to grow to $80.02 billion in 2027 at a CAGR of 7.6%.

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https://www.thebusinessresearchcompany.com/report/wound-care-devices-global-market-report

Major competitors in the wound care devices market include Medtronic Inc., 3M Company, Smith & Nephew plc, Cardinal Health, Inc., ConvaTec Group Plc, Henry Schein, Inc., Paul Hartmann AG, Essity AB, Coloplast, and Integra Lifesciences.

The wound care devices market is segmented -

• By Type: Traditional Adhesive Dressings, Negative-pressure Wound Therapy (NPWT), Traditional Gauze Dressings, Advanced Wound Care Devices

• By End User: Hospitals And Clinics, Diagnostic Laboratories, Other End Users

• By Type of Expenditure: Public, Private

• By Product: Instruments/Equipment, Disposables

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the wound care devices market.

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The wound care devices market consists of sales of instruments such as non-woven dressings, gauzes, hydrocolloids dressings, and others. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The Table Of Content For The Wound Care Devices Market Include:
1. Executive Summary
2. Wound Care Devices Market Characteristics
3. Wound Care Devices Market Trends And Strategies
4. Wound Care Devices Market - Macro Economic Scenario
5. Wound Care Devices Market Size And Growth
6. Wound Care Devices Market Segmentation
.................
27. Wound Care Devices Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Wound Care Devices Market
29. Wound Care Devices Market Future Outlook And Potential Analysis
30. Appendix

The "Global Wound Care Devices Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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