Rapid Evolution of Advanced Wound Care Management Market to Help 3M, Baxter International and Coloplast
HYDERABAD, India, September 30, 2016 /PRNewswire/ --
Mordor Intelligence announces the publication of their research report on the advanced wound care management market. The report titled, "Global Advanced Wound Care Management Market - Industry Analysis and Market Forecast," discusses the current landscape and outlook of the market.
The global advanced wound care management market is estimated to be USD 11.06 billion in 2016 and is expected to reach USD 15.31 billion by 2021, projected a CAGR of 6.72% during the forecast period. The report is an amalgamation of the current market scenario, its prospects and forces driving and restraining the market growth. The report highlights the North American, European, Asia-Pacific, Latin American and Middle East & African markets.
Advanced wound care & closure products are emerging as standard solutions for treating chronic wounds. A major trend driving the wound care management devices is the increase in number of government initiatives for better wound management and a simultaneous advancement in technology in the industry.
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The market for advanced wound care management can be segmented based on type of wound, by applications, by end-user and by geography (North America, Europe, Asia-Pacific and Rest of the World).
North America is currently the largest advanced wound care management market globally, followed by Europe. Countries in the Asia-Pacific region are one of those places where this market is rapidly growing due to the increase in the aging population, rise in chronic wounds, ulcers and diabetes population, increase in the number of surgeries.
Some of the companies profiled in the report are: 3M Company, Baxter International, Coloplast, Covidien, Kinetic Concepts, among others.
About Mordor Intelligence:
Mordor Intelligence is a global market research and consulting firm. Our focus is to provide research insights to facilitate business success. Our research expertise covers niche segments under Agriculture, Healthcare, ICT, Chemicals, Manufacturing, Logistics, Electronics and Automotive, among others. We believe in data, and we provide solutions through it. Optimum solutions and goal-oriented strategies define our endeavors and make us the preferred choice for clients.
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SOURCE Mordor Intelligence
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