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Asia-Pacific Wound Care Market Expected to Witness the Fastest Growth (7.2% CAGR) Globally, During 2016 – 2022

03-19-2018 09:01 AM CET | Health & Medicine

Press release from: P&S Market Research - Healthcare

Asia-Pacific Wound Care Market Expected to Witness the Fastest

The wound care market is growing due to increasing geriatric population, increase in volume of sugeries and increasing awareness about wound care products. Increasing cases of diabetes leading to pressure ulcer formation is further generating an increased demand for wound care products.

Explore Report Sample at:https://www.psmarketresearch.com/market-analysis/wound-care-market/report-sample

Among the types of wound care products, advanced wound care products segment is expected to witness the fastest growth during the forecast period. Among the various applications, surgical wounds segment accounted for the largest share in the global market in 2015, and it is expected to witness 7.1% CAGR during 2016 – 2022. In 2015, North America held the largest share in the global wound care market whereas, Asia-Pacific market is expected to witness fastest growth, with a CAGR of 7.2% during the period 2016– 2022.

However, the high cost associated with wound treatments involving the usage of advance wound dressings as well as high technical assistance required for the utilization of wound closure products are the key restraint in the growth of the wound care market worldwide. The high cost of advanced wound care products, such as foams, hydrocolloids, film, alginate, hydrogel, and collagen, limits the affordability of the users. This hampers the growth of global wound care market.

Explore Report at: https://www.psmarketresearch.com/market-analysis/wound-care-market

Some of the key companies operating in the global wound care market include 3M Company, Coloplast Corporation, Medtronic plc, Smith and Nephew plc, ConvaTec, Johnson and Johnson, Integra Life Sciences Holdings Corporation, Molyncke Health Care, Mo-Sci Corporation, Organogenesis Inc., Acelity L.P. Inc., DermaRite Industries LLC., Derma Sciences Inc., Hollister Incorporated and DeRoyal Industries Inc.

By Geography

North America - U.S. and Rest of North America
Europe - U.K., Germany, France and Rest of Europe
Asia-Pacific - China, Japan, India and Rest of Asia-Pacific
Rest of the World (RoW) - Brazil and Rest of Rest of the World

About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

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New York City, NY - 10016
Toll-Free: +1-888-778-7886 (USA/Canada)
Email: enquiry@psmarketresearch.com
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