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Worldwide Sales of Advanced Wound Care are predicted to increase at a CAGR of CAGR of 5.5% between 2021 and 2031 - 3M, Adynxx, Inc., B Braun Melsungen AG, Coloplast A/S

05-11-2023 11:52 AM CET | Health & Medicine

Press release from: Global Insight Services

Advanced Wound Care Market

Advanced Wound Care Market

Global Advanced Wound Care Market is expected to reach $15.5bn by 2031 growing at a CAGR of 5.5% between 2021 and 2031.

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Market Drivers
Ageing population across the globe

According to the UN Department of Economic and Social Affairs, in 2019, there were 703 million persons aged 65 years or over in the global population. This figure is projected to double to 1.5 billion in 2050. Globally, the share of the population aged 65 years or over increased from 6% in 1990 to 9% in 2019.

That proportion is projected to rise further to 16% in 2050, when it is expected that one in six people across the globe will be aged 65 years or over. Such an intense rise in the population will create opportunities for advanced wound care as the wounds heal slowly and require high medical attention in geriatric people.

Read More Report of Advanced Wound Care Market: https://www.globalinsightservices.com/reports/advanced-wound-care-market/

So, in aged people, it becomes difficult to treat wounds owing to the high risk of infection, especially in cases of deep wounds.

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Market Segments
By Product

Dressings
Devices & Accessories
Grafts & Matrices
Topical Agents
By Wound Type

Surgical & Traumatic Wounds
Diabetic Foot Ulcers
Pressure Ulcers
Venous Leg Ulcers
Burns & Other Wounds
By End User

Hospitals
Community Health Service Centers

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Market Players of Global Advanced Wound Care Market

The key players in the global advanced wound care market are 3M (Acelity Inc.), Adynxx, Inc., B Braun Melsungen AG, Coloplast A/S, ConvaTec Group plc, Essity AB (BSN Medical GmbH), Integra Lifesciences (Derma sciences), Investor AB (Mölnlycke Health Care AB), Johnson & Johnson, Medline Industries, Inc., Medtronic plc., Organogenesis Holdings Inc., and Smith & Nephew Plc. among others.

New Report Published by Global Insight Services: https://www.globalinsightservices.com/reports/hydrogen-projects-database/

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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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