Press Releases

As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global Wound Care Market is Expected to Grow at a CAGR of 10% in the Forecast Period of 2020-2025.

Expert Market Research Thumbnail Image

"According to a new report by EMR titled, ‘Global Wound Care Market Report and Forecast 2020-2025’, the global wound care market reached a value of about USD 19.73 billion in 2019. The market is likely to grow at a CAGR of 3.8% in the forecast period of 2020-2025 to reach a value of approximately USD 24.68 billion by 2025."

The global wound care market is being driven by the growing incidence of severe injuries, as well as the increasing product acceptance in the healthcare industry. The wound care market in North America continues to dominate due to the growing incidences of chronic wounds, favourable reimbursement policies, and an increase in the elderly population. The Asia Pacific, meanwhile, is anticipated to grow at the highest CAGR, with the development centred in Japan, China, and India. In addition, factors, including the growing focus of the key players in the emerging Asian countries, as well as government support, are driving the growth of this region's wound care market. The key drivers of the wound care market include the increased demand for quicker wound recovery, a boost in surgery, and the increasing incidences of chronic diseases like diabetes as diabetes, along with other chronic diseases, is the leading cause of persisting wounds.

Get a Free Sample Report with Table of Content - Download Now

In October 2019, 3 M (NYSE: MMM), a leading player in the industry, announced it has purchased Acelity, Inc. and its regional KCI divisions of Apax Partners' (the Apax Funds) advised funds, along with the Canadian Pension Plan Investment Board (CPPIB) and the Public Pension Investment Board (PSP Investments) managed affiliates. Acelity is among the world's leading medical technology companies, focused on advanced wound care as well as specialty operating applications under the brand KCI.

Market Analysis by Product Type, Application, End-Use, and Region:

  • Based on the product type, the market is divided into infection management, exudate management, active wound care, and therapy devices.
  • It has wide application in chronic wounds and acute wounds segments.
  • It finds its end-uses in hospitals and community health service centres.
  • The regional markets include North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

Key Findings of the Report:

  • The market is being driven by the rising development as well as innovations taking place in the industry.
  • The rising cases of diabetes are driving the market growth further.
  • The rise in the geriatric population is propelling the market growth as well.
  • Increased funds and investments for research are providing an impetus to the market growth.
  • The growing number of accidents and trauma injuries is aiding the industry growth.
  • Rising awareness programs among consumers are supporting the growth of the market.

Key Offerings of the Report:

  • The EMR report gives an overview of the global wound care market for the periods (2015-2019) and (2020-2025), covering the product types, applications, and end-uses of wound care.
  • The report also offers the historical (2015-2019) and forecast (2020-2025) markets for the regions.
  • An in-depth assessment of the market is provided within the report through the analysis of SWOT and Porter's Five Forces model.

The key players in the global wound care market include companies 3M Company, BSN Medical GmbH, Mlnlycke Health Care AB, ConvaTec Healthcare B S.a.r.l., Acelity L.P. Inc., Medtronic Plc, Coloplast A/S, Smith & Nephew Plc, and others. The comprehensive report covers their market share, capacity, and latest developments like mergers and acquisitions, and capacity expansions.

About Us:

EMR is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

Contact Us:

Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

Purchase Options  

Buy Now  

Call us on

( USA & Canada )
+1-415-325-5166
us.sales@expertmarket
research.com
( United Kingdom )
+44-702-402-5790
uk.sales@expertmarket
research.com
Send Enquiry  

"Global Wound Care Market: By Product Type: Infection Management, Exudate Management, Active Wound Care, Therapy Devices; By Application: Chronic Wounds, Acute Wounds; By End Use: Hospitals, Community Health Service Centres; By Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa; Historical Production and Consumption (2015-2019); Production and Consumption Forecast (2020-2025); SWOT Analysis: Porter’s Five Forces Analysis: Key Players & Company Profile Analysis: Events and Developments"

Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Expert Market Research Thumbnail Image
Global Veterinary Infectious Disease Diagnostics Market Report and Forecast 2020-2025

The global veterinary infectious disease diagnostics market stood at a value of nearly USD 1.5 billion in 2019. The industry is further expected to grow at a CAGR of almost 8.8% in the forecast period...

  • 24 Hour Email Delivery
  • Price: $ 2999
Expert Market Research Thumbnail Image
Global Vitamin D Testing Market Report and Forecast 2020-2025

Vitamin D deficiency has now become a common problem affecting many people worldwide, especially older adults. As vitamin D plays a key role in bone development as well as calcification, many people a...

  • 24 Hour Email Delivery
  • Price: $ 2999
Expert Market Research Thumbnail Image
Global Shoulder Replacement Market Report and Forecast 2020-2025

The global shoulder replacement market is projected to attain a value of USD 3 billion by the end of 2025, growing in the forecast period of 2020-2025 at a CAGR of 7.5%. The shoulder replacement marke...

  • 24 Hour Email Delivery
  • Price: $ 2999
Expert Market Research Thumbnail Image
Global Influenza Diagnostics Market Report and Forecast 2020-2025

The global influenza diagnostics market attained a value of USD 657 million in 2019. The influenza diagnostics market is further expected to grow in the forecast period of 2020-2025 at a CAGR of 9% to...

  • 24 Hour Email Delivery
  • Price: $ 2999
Expert Market Research Thumbnail Image
Global Bacterial Disease Diagnostics Market Report and Forecast 2020-2025

The market is significantly being supported by the integration of digital health technology in bacterial disease rapid diagnostics. North America is among the most significant regions for the market. ...

  • 24 Hour Email Delivery
  • Price: $ 2999

Stay informed with our free industry updates.

Download Sample

Buy Full Version
"Wound Care Market" Purchase Enquiry