Antimicrobial Wound Dressing Market
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Antimicrobial Wound Dressing Market – Regional Analysis
Geographically, the market is segmented into North America, Latin America, Europe, Middle East, Asia Pacific, and Africa. North America antimicrobial wound dressing market is expected to offer lucrative growth opportunities in near future, owing to presence of various key players in these market, increasing adoption of antimicrobial wound dressing product by patients and healthcare professionals combined with growing incidence of trauma, wound injuries, and ulcers cases in these region. For instance, the Agency for Healthcare Research & Quality (AHRQ) estimated that, over 2.5 million people in the U.S. develop pressure ulcers annually.
Rural areas in emerging economies of Asia, Latin America, and Africa regions provide lucrative opportunity for growth of market. Emerging economies such as India, Brazil, China, and Indonesia use cotton gauze and sterile cotton, owing to its easily availability and cost-effectiveness. Therefore, high priced antimicrobial wound dressings have low demand in these economies. However, with high economic growth, increasing government focus towards improving the healthcare infrastructure, and increasing efforts by major players to introduce low-cost advanced products is expected strengthen the antimicrobial wound dressing market growth.