Policy & Regulation
Global Wound Care Market to Grow at a CAGR of 6.7% During 2016-2022, Research and Markets Forecasts
24 March 2017 - - The global wound care market was worth USD 24.48bn in 2015 and it is expected to grow at a CAGR of 6.7% during 2016-2022, according to a new report from Dublin-based Research and Markets.

Among the various wound care products type, the advanced wound care products segment held the largest share in the global market in 2015. Among the various applications, surgical wound segment held the largest share in the global market in 2015.

The global wound care market is witnessing high growth owing to increasing volume of surgeries, growing geriatric population and increasing road accidents.

In addition, increasing burn cases as well as growing awareness about wound care products is also leading to its higher adoption.

Moreover, increasing incidence cases of diabetes and obesity further leads to increased consumption of wound care products as these patients are more prone to ulcers.

Key players in this market include 3M Co, Coloplast Corp., Medtronic plc, Smith and Nephew plc, Integra Life Sciences Holdings Corp., Molyncke Health Care, Mo-Sci Corp., Organogenesis Inc., Acelity L.P. Inc., DermaRite Industries LLC., Derma Sciences Inc., Hollister Inc., ConvaTec, Johnson and Johnson and DeRoyal Industries Inc.
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