Global Market for Wound Dressing is Anticipated to Witness a 4.50% CAGR in Forecast Period

Market Research Reports Search Engine (MRRSE) has been serving as an active source to cater intelligent research report to enlighten both readers and investors. This research study titled “Wound Dressings Market “

Get Free Sample Report @ https://www.mrrse.com/sample/1379

While traditional wound dressings have been preferred by healthcare practitioners and patients owing to low prices and well-defined reimbursement policies, advanced wound dressings are beginning to gain popularity given the wide range of novel and improved wound care products available today. 

The report on the global wound dressings market is thoroughly studied and analyzed by industry experts. Presenting an overview of the global as well as regional markets, the report is both comprehensive and compact. The structure, elements, dynamics, and scope of the wound dressings market are presented with the help of quantitative and qualitative data.

Browse Full Report with TOC @ https://www.mrrse.com/wound-dressing-market

Overview of the Wound Dressings Market

The global wound dressings market is poised to expand from a value of US$7.53 billion in 2013 to US$10.16 billion in 2020, at a CAGR of 4.5% from 2014 to 2020. The key factors responsible for this growth are rise in chronic diseases, growth of geriatric population, increase in healthcare expenditure and patient awareness, rising incidence of wound infections, and growing demand from emergency care and ICU staff. Investing in emerging economies and focusing on the development of combination dressings is projected to enhance the growth of the wound dressings market.

In contrast, unfavorable reimbursement scenario, high cost of advanced wound dressings, and skepticism expressed by general practitioners over accepting novel technologies are likely to hamper the growth of the global wound dressings market. 

Among the two major types of wound dressings, traditional dressings hold precedence over advanced ones in terms of revenue. However, advanced wound dressings are gaining popularity owing to rise in demand and affordability for improved wound care products.

Send an Enquiry @ https://www.mrrse.com/enquiry/1379

North America is the largest market for wound dressings and is likely to retain its lead over the next five years. Asia Pacific, however, is projected to be the fastest developing regional segment by 2020 owing to growth of medical tourism, rise in number of surgical procedures, and increasing efforts to generate awareness among healthcare professionals as well as patients. 

Companies Mentioned in the Report

The competitive landscape of the global wound dressings market is rather fragmented and even small companies have a firm foothold in particular regional and product segments. The players profiled and analyzed in the research report are Molnlycke Health Care, ConvaTec, Inc., B. Braun Melsungen AG, Medline Industries, Inc., Kinetic Concepts, Inc., Systagenix Wound Management, Ltd., Smith & Nephew plc, 3M Health Care, Coloplast A/S, Derma Sciences, Inc., and PAUL HARTMANN AG.

Check Discount @ https://www.mrrse.com/checkdiscount/1379

Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

State Tower
90, State Street
Suite 700
Albany, NY - 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com
Website: https://www.mrrse.com/
Read More Industry News At: https://www.industrynewsanalysis.com/

This release was published on openPR.