Health & Beauty Close-Up

MarketsandMarkets Updates on the Wound Care Market

According to a new market research report, "Wound Care Market by Product (Advanced (Foam, Alginate, Hydrogel, NPWT, Active), Surgical, Traditional), Type (Chronic (Diabetic Foot, Pressure Ulcer), Acute (Burn, Trauma)), End User (Hospital, Long-term Care, Home Healthcare) - Global Forecast to 2022", published by MarketsandMarkets, the market is expected to reach USD 22.01 Billion by 2022 from USD 18.35 Billion in 2017, at a CAGR of 3.7 percent.

MarketsandMarkets provided the following report highlights:

Factors driving the growth of this market include the increasing prevalence of chronic wounds and acute wounds, increasing aged population, rising R&D activities and advancement in the field of wound care research, rising number of road traffic accidents globally, and the increasing awareness about wound care treatment and management through awareness programs. …

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