Nov 09, 2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Wound Care Treatment Market.
It was estimated prior to this unanticipated outbreak that the
is estimated to grow from USD xx billion in 2020 to USD xx billion by 2026 at a healthy CAGR of x% during the forecast period.
Wound care treatment involves products used to treat various chronic & acute wounds including surgical & traumatic wounds, burn wounds, diabetic foot ulcers, and pressure ulcers among others. The commonly used products to treat wounds include foam dressings, film dressing, sutures & staples, anti-infective dressing, medical tapes, oxygen & hyperbaric oxygen equipment, and pressure relief devices among others.
Based on end-user, the market has been divided into hospitals, clinics, and trauma centers. The hospitals' segment accounted for a substantial market share in 2020 and is projected to continue its dominance during the review period. The segment growth can be attributed to widespread product usage and the rising number of hospitals and clinics.
By Region, The market in North America accounted for the largest share in 2020. The regional market growth can be attributed to rising incidences of injuries and the presence of a large number of the geriatric populace. Additionally, the presence of established healthcare infrastructure is expected to propel market growth further. The market in the Asia-Pacific region is projected to register a healthy growth rate on account of increasing healthcare spending and the rapidly growing medical tourism industry.
Key players operating in the global Wound Care Treatment market are-
Smith & Nephew Plc (UK),
Johnson & Johnson (US),
Derma Sciences, Inc. (US),
Mölnlycke Health Care AB (Sweden),
B. Braun Melsungen AG (Germany),
Baxter International, Inc. (The U.S),
Acelity L.P. Inc. (The U.S),
Coloplast Corp. (The U.S),
Medline Industries, Inc. (The U.S),
Medtronic plc (The U.S),
ConvaTec Group plc (UK),
The 3M Company (The U.S), and
Advancis Medical USA LLC (The U.S).
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Wound Care Treatment analysis report discusses the following heads in great detail:
Market structure: Overview, industry life cycle analysis, supply chain analysis
COVID-19 Impact Assessment
Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
Market trend and forecast analysis
Market segment trend and forecast
Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
Attractive market segments and associated growth opportunities
Strategic growth opportunities for the existing and new players
Key success factors
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