openPR Logo
Press release

Wound Dressing Market to Reach US$10.1 bn by 2020 due to Growing Number of Chronic Diseases

05-19-2016 08:56 AM CET | Health & Medicine

Press release from: Transparency Market Research

According to the report, the prime factors boosting the market for wound dressings include the globally rising aging population and the growing prevalence of chronic diseases. In addition, the swift healing times brought about by the usage of wound dressings make them useful during emergency care. The rising incidence of wound infections raises the sale of wound dressings, thus having a positive impact on the market. Furthermore, the rising healthcare expenditure and growing awareness amongst patients about the benefits of wound dressings will also stimulate the market for wound dressings in the coming years. On the other hand, factors such as the soaring cost of advanced wound dressings may restrain demand within a number of Asian markets, thus having a negative impact on the overall market.

Get Report Brochure:http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=453

On the basis of type, the wound dressing market is segmented into traditional wound care dressings and advanced wound care dressings. Traditional wound care dressings are further segmented into wound closure products, basic wound care, and anti-infective dressings. Amongst these, within traditional wound care dressings, the segment of basic wound care held the largest share in the market in 2013. This is because basic wound care products have experienced strong sales growth in emerging countries owing to them being easy to utilize. On the other hand, the segment of anti-infective dressings is predicted to experience the highest growth rate in the forecast horizon.

Advanced wound dressings are further segmented into films, foams, hydrofiber, hydrocolloids, collagen, and alginates. Amongst these, on the basis of revenue, the segment of foams emerged as the top segment in the market. This is due to the versatility of foams in terms of healing and applicability and their easy availability in stores. This segment is also expected to experience the highest growth rate in the forecast horizon. The segments of hydrofiber and hydrocolloids are also expected to exhibit an impressive growth rate in the forecast horizon. On the other hand, the segments of collagens, films, alginates, and hydrogels are poised to experience sluggish growth in the coming years.

Geographically, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). In 2013, Asia Pacific led the wound dressings market, while RoW exhibited the highest growth rate in traditional wound dressings and is anticipated to maintain its superiority in traditional wound dressings all through the forecast horizon. This is owing to the presence of price-sensitive markets in the region and low adoption rate of advanced wound dressing technologies owing to low literacy levels. On the other hand, North America, led by the U.S., emerged as the largest market for advanced wound dressings on the basis of revenue and Asia Pacific experienced the swiftest growth and is predicted to lead the global market for wound dressings in the coming years. This is due to the increasing social awareness and the rising number of diabetic patients in the region.

Browse Full Report:http://www.transparencymarketresearch.com/wound-dressing-market.html

As per the report, the key players operating in the market are 3M Healthcare, Coloplast A/S, ConvaTec, Inc., Johnson & Johnson, Mölnlycke Health Care AB, and PAUL HARTMANN AG, among others.

About Us:-
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Contact Us:-
Mr.Sudip.S
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email:sales@transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Wound Dressing Market to Reach US$10.1 bn by 2020 due to Growing Number of Chronic Diseases here

News-ID: 341875 • Views: 590

More Releases from Transparency Market Research

Packaged Vegan Foods Market Size, Review, Key Findings, Growth Strategy, Develop …
Consumers focusing on cutting down the animal based dairy products have started preferring packaged vegan food. Packaged vegan food are prepared without the use of any animal based ingredients resulting in low fat and cholesterol. Increasing number of people are now a days turning vegan because of their love and compassion toward animals and the environment. Obtain Report Details @ https://www.transparencymarketresearch.com/packaged-vegan-foods-market.html One of the major driving factor of packaged vegan food is
Hot Sauce industry Insights By Size , Status, Trends, Developments, Opportunitie …
The hot sauce market has witnessed immense growth pace across a number of other regional markets as well, where Asian cuisine is rapidly becoming the choice of youngsters. It is estimated that the market will continue to thrive in the near future and witness surging demand as new uses of hot sauce in native culinary styles of a number of countries are invented and adopted. The global market for hot sauce
Growth Opportunities in the Processed Fish Industry - Development, Trends, Key D …
Fish is one of the delicate food which demands proper handling for a long shelf life so that it do not lose its nutritional value and desired quality, the primary concern from which fish is to be protected is the deterioration issue. Many contributors are involved in fish processing such as fishermen, fish sourcing suppliers, seafood processors, manufacturers, logistics and distribution, marketing & sales, and end-use industries or consumers. Hence
Tea Tea Based Beverages Industry Size- Global Overview, Growth, Size, Opportunit …
The global tea and tea-based beverages market is anticipated to register a relatively higher compound annual growth rate of 4.9% in terms of revenue during the time frame of the forecast period, due to various market dynamics, regarding which, TMR offers detailed insights. Transparency Market Research provides key detailed insights into the global tea and tea-based beverages market, in its upcoming market outlook titled, 'Tea and Tea-Based Beverages Market: Global

All 5 Releases


More Releases for Asia

RAMPF Korea – Producing in Asia for Asia
Joint Venture for the Asian markets – The international RAMPF Group has realigned the cooperation with its long-standing partner Orient Dosiertechnik from Korea with the founding of RAMPF Korea Co., Ltd. The new company based in Hwaseong City is developing and producing mixing and dispensing systems specifically for the Asian markets. Within the framework of the new joint venture based in Hwaseong City, mixing and dispensing systems are being developed and
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022. 23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property
MES: Expansion in Asia
Berlin, November 24, 2014: Model Engineering Solutions (MES), the Berlin-based specialist for model-based software development, has significantly expanded its business in Asia. In recent years, MES has built up a network of local partners in Japan, Korea, China, and India in order to benefit from the growing market and increasing interest in model-based development and ISO 26262 in Asia. Asia: Driving force in the automotive industry The automotive industry continues
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia Equipping Asia’s navies with the latest diving technology for asymmetric warfare and operations SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting
UDT Asia 2011
Clarion Events hosts the Undersea Defence Technology (UDT) Asia 2011 conference and exhibition to bring senior naval and industry personnel together to cover underwater developments in the region Singapore, May 30 – Clarion Events is hosting UDT Asia on 30 November – 1 December 2011. The event brings together the undersea defence community in Asia, featuring top regional naval speakers, who will be addressing the latest underwater requirements for Asian navies. According
eltherm goes Asia
Finally all preparations are finished and the new subsidiary of eltherm GmbH, eltherm Asia Pacific Pte Ltd has commenced operations in Singapore on 1st April 2010. To celebrate the starting shot, an opening celebration was held in the afternoon of 28th July in the office premises followed by a get together dinner and drinks in the evening at a pub. A total of 62 guests attended the event with the