Traditional Wound Care Market to Hit $7.6 Billion by 2028 | CAGR 4.7%

Allied Market Research recently said "Traditional Wound Management Market by Product, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2021-2028," 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. However, growing production and acceptance of advanced wound care products restrains the market growth. It's especially useful for treating burns, trauma, and surgical wounds. Pressure ulcers, diabetic foot ulcers, venous leg ulcers, and arterial ulcers are among the chronic wounds that can be treated with it.

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COVID-19 Impact Analysis (Pre & Post) -

• The outbreak of the pandemic immensely affected the traditional wound management industry as several hospitals suspended their wound centers because they misclassified the facility as nonessential.

• The Covid-19 pandemic disturbed workflows in the healthcare sector across the globe and forced several industries to close including traditional wound management.

The Traditional Wound Management Market, deeply rooted in centuries-old practices, continues to play a significant role in the modern healthcare landscape. Embracing a holistic approach to wound care, traditional methods such as herbal remedies, poultices, and natural dressings offer an alternative or complementary option to conventional wound management techniques.

These time-tested practices are particularly valued for their accessibility, affordability, and cultural significance, making them indispensable in regions with limited access to advanced medical technologies or in scenarios where patients seek natural healing modalities. While innovation and technology drive much of the wound care industry, the enduring relevance of traditional wound management highlights the importance of preserving and integrating ancient wisdom into contemporary healthcare practices.

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Important Key Market Players Are -

• Medline Industries Inc.,
• Johnson & Johnson,
• Mölnlycke Health Care Ab,
• Paul Hartmann Ag,
• Integra Lifesciences Holdings Corporation (Derma Sciences),
• Medtronic Plc. (Covidien),
• B. Braun Melsungen Ag,
• Essity Ab (Bsn Medical Gmbh),
• Smith & Nephew Plc,
• Cardinal Health

Based on the application, the market is segmented into acute wounds and chronic wounds. The acute wound sector includes burn care, trauma care and surgical wounds. Chronic wounds include pressure ulcers, diabetic foot ulcers, venous leg ulcers, and tendon ulcers. The major wound segment is expected to generate the largest revenue during the forecast period, due to the increase in the number of wound problems around the world. The lighting segment is expected to witness the fastest growth rate during the forecast period, due to the increase in lighting.

Key Findings of The Study -

• Based on product, the gauze segment held the largest share in the global market in 2020.
• On the basis of application, the acute wound segment held the largest market share in 2020, and is expected to remain dominant throughout the forecast period.
• On the basis of end user, the hospital segment held the largest market share in 2020, and is expected to remain dominant throughout the forecast period.

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Geographic Segments Covered in the Report -

The Traditional Wound Management Market report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.

• North America (USA and Canada)

• Europe (UK, Germany, France and the rest of Europe)

• Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)

• Latin America (Brazil, Mexico, and the rest of Latin America)

• Middle East and Africa (GCC and rest of the Middle East and Africa)

Frequently Asked Questions (FAQ) on the Traditional Wound Management Market:

1. What is traditional wound management?

2. What are some examples of traditional wound management techniques?

3. How does traditional wound management differ from conventional wound care?

4. What are the benefits of traditional wound management practices?

5. Are traditional wound management methods supported by scientific evidence?

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