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Active Wound Care Market Growth Outlook, Segmentation, Upcoming Demand, Major Giants, Industry Challenges And Forecast 2023-2032: Smith & Nephew plc, MiMedx Group, Tissue Regenix Group, Organogenesis Inc., Acell Inc
Active Wound Care Market
Active Wound Care Market Size, Growth Rate, And Forecast
The global active wound care market size is expected to grow from $1.34 billion in 2022 to $1.44 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The active wound care market size is expected to grow to $1.90 billion in 2027 at a CAGR of 7.1%.
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Active Wound Care Market Drivers
The rising number of diabetic patients worldwide is expected to propel the growth of the active wound care market going forward. Obesity is a condition that arises from having excessively high blood glucose, which causes sores and ulcers, thus increasing the risk of infections and other severe complications. Through active wound care treatment, the patient gets into a healing process with a planned approach by applying various solutions and treatments to wounds, thus increasing the demand for active wound care. For instance, in December 2021, according to the report published by the IDF (International Diabetes Federation) on diabetes, there are 537 million adults (20-79 years old) living with diabetes around the world.
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Active Wound Care Market Segments
• By Product: Biomaterials, Skin Substitutes, Synthetic Skin Substitutes, Growth Factors
• By Indications: Burns, Diabetic Foot Ulcers, Pressure Ulcers, Lower Limb Ulcers
• By Application: Chronic Wounds and Acute Wounds
• By End-User: Hospitals, Clinics, Home Care Settings, Other End-users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the active wound care market.
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Active Wound Care Market Key Players
Major competitors in the active wound care market are Smith & Nephew plc, MiMedx Group, Tissue Regenix Group, Organogenesis Inc., Acell Inc., Integra Life Sciences, Solsys Medical LLC, Osiris Therapeutics Inc., Cytori Therapeutics Inc., Human BioSciences Inc., Wright Medical Group NV.
The Business Research Company's "Global Active Wound Care Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Active Wound Care Market Include:
1. Executive Summary
2. Active Wound Care Market Characteristics
3. Active Wound Care Market Trends And Strategies
4. Active Wound Care Market - Macro Economic Scenario
5. Active Wound Care Market Size And Growth
………………
27. Active Wound Care Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Active Wound Care Market
29. Active Wound Care Market Future Outlook and Potential Analysis
30. Appendix
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