According to the latest research by Future Market Insights, Wound Skin Care market is set to witness a 6.2% growth during the year 2021-2031. The market has been a semi-consolidated market growing at a rapid rate and is expected to witness lucrative growth with the rising number of patients with acute and chronic wounds, favorable reimbursement policies in emerging countries and the introduction of advanced products are anticipated to drive the market’s growth in the forecast period.
What is Driving Demand for Wound Skin Care?
There are various factors that are help in driving the wound skin care market. Wound caused by minor and major accidents are constantly increasing since few years whereby depend on effective medications and treatment for rapid healing. Various chronic diseases moreover contribute to the rising concern of the wounds worldwide.
The high rate of SSI (surgical site infection) occurrences in surgeries for patients with cancer and diabetes likewise requires the negative pressure wound therapy. The market growth in the healthcare sector is proved with the fact that around SSIs holds for 38% of all the nosocomial infections in surgical patients. This indicates the need for wound skin care management and treatment thus boosting the demand for the market.
The launch of advanced products and rising investment in research & development by market players is anticipated to boost the demand for these products, especially in emerging countries. This is leading to the market growth.
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Increasing prevalence of conditions & diseases affecting wound healing capabilities likely to drive the Wound Skin Care Sales
Physical health conditions, like acute wounds, surgical wounds and chronic wounds have an adverse effect on the wound healing process. The pervasiveness of surgical, chronic, and acute wounds has shown considerably growth over the past decade, mainly because of the rising worldwide geriatric population, the increasing prevalence of conditions like diabetes and obesity, increasing number of surgeries, and rising traumatic wounds. Obesity and diabetes can lead to growth in overall incidence and complexity of wounds like infections, chronic wounds, and ulcerations (leg or foot ulcers), which require treatments (wound management) and incur excessive medical expenses.
Who are the Key Manufacturers and Suppliers of Wound Skin Care?
Some of the leading manufacturers and suppliers of Wound Skin Care include
- Derma Sciences Inc. (Integra LifeSciences)
- Medline Industries, Inc
- Advancis Medical USA LLC
- B. Braun Melsungen AG
- Baxter International, Inc.
- Coloplast Corp.
- Medtronic PLC
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By Product:
- Advanced Wound Care Products
- Surgical Wound Care Products
- Traditional Wound Care Products
- Negative Pressure Wound Therapy
- Wound Therapy Devices
By Application:
- Acute Wounds
- Traumatic and Surgical Wounds
- Burns
- Chronic Wounds
- Pressure Ulcers
- Diabetic Foot Ulcers
- Venous Leg Ulcers
- Others
Why Future Market Insights?
- Comprehensive analysis on evolving purchase pattern across different geographies
- Detailed insights of market segments and sub-segments for historical as well as forecast period
- A competitive analysis of prominent players and emerging players in the keyword market
- Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years
Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario
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Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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