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Wound Care Market Share, Size, Key Players, Outlook and
Forecasts to 2024 | Hexa Research
“ Global wound care market is expected to witness substantial growth over
the forecast period.”
11 March 2019
Global wound care market is expected to witness substantial growth over the forecast period on account of
the growing geriatric global population. Rising incidences and prevalence of chronic diseases has led to
increasing demand for wound care services and products. As the wound care market is not restricted to
commercial market segment, it has a wide scope and include commercial as well as residential wound care
market segment. Wound care is a growing market and is anticipated to grow even further owing to increasing
incidences and need for medical care across the globe. Wound infection is a major concern for the patients as
well as medical professionals, thus wound care market is expected to grow even further in the forecast
period. Rising wound care infections coupled with personal hygiene awareness has led to the growth of
wound care products demand.
Wound care market demand is expected to grow even further on account of the technological developmen ts
such as innovative and advanced wound care systems. There has been a paradigm shift in the trend towards
active wound care in India as the Government is taking initiatives to improve healthcare standards by
programs like NRHM and investing in ramping up Government Medical Colleges. Furthermore, wound care
products help in overall well being of patients suffering from diseases such as venous stasis ulcers, diabetic
ulcers and pressure ulcers. Higher disposable income of patients coupled with sophisticated infrastructure
and technological advancement are anticipated to be the vital drivers of wound care market.
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