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DUBLIN, Aug. 10, 2022 /PRNewswire/ — The “Advanced Wound Care Market Size, Share, Trends, By Product, By Wound Type By End-use, and By Region Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering.
The global advanced wound care market size is expected to reach USD 16.85 Billion in 2030 and register a revenue CAGR of 6.7% over the forecast period.
Increasing prevalence of diabetes and pressure ulcers is expected to be one of the major drivers for advanced wound care market growth.
The major factor driving the growth of the market is rising incidences of acute diseases and trauma cases. According to National Institutes of Health, in 2017, there were 29.1 million visits to emergency departments for injuries in the United States.
Moreover, increasing number of surgical procedures and growing geriatric population are also expected to support the growth of the market. However, reimbursement issues related to advanced wound care products and high cost of treatment are anticipated to restraint the market growth during the forecast period.
Some Key Highlights from the Report
- The infection management segment held a significant revenue share in the advanced wound care market in 2021, and this trend is expected to continue during the forecast period. This can be ascribed to the increasing number of surgical site infections (SSIs). According to an article …
Full story available on Benzinga.com
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