Product ID: SQMIG35D2182
Report ID:
SQMIG35D2182 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
96 |
Figures:
76
Advanced Wound Care Market size was valued at USD 6.7 billion in 2019 and is poised to grow from USD 7 billion in 2023 to USD 10.8 billion by 2031, growing at a CAGR of 5.4% in the forecast period (2024-2031).
Advanced wound care products are used to treat acute and chronic diseases. The conventional wound care products and solutions are now being replaced by advanced wound care products as they offer instant and effective treatment. The dressings for chronic injuries and surgeries consist of slivers and alginates which are used to keep the wound away from infection. Moreover, biomaterials and skin grafts are used for wounds that cannot heal by themselves. Thus, with the market seeing a rise in new and more advanced products, which is likely to aid the market growth.
The changing demographics in terms of age and the rising preference for value-based services will boost the market growth. The demand for at-home health services is more among the aging population, which increases the demand for healthcare providers. Another factor that affects market growth is government support.
US Advanced Wound Care Market is poised to grow at a sustainable CAGR for the next forecast year.
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REQUEST FREE CUSTOMIZATIONAdvanced Wound Care Market size was valued at USD 6.7 billion in 2019 and is poised to grow from USD 7 billion in 2023 to USD 10.8 billion by 2031, growing at a CAGR of 5.4% in the forecast period (2024-2031).
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Product ID: SQMIG35D2182