Wound Dressings Market2019 with Top Countries data: Evolving
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Increasing awareness among patients, technological advancements in the sector of wound therapy, and growing geriatric population have been pivotal in dictating the growth of the wound dressings market. Moreover, efficient treatment options for complex wounds, diabetes and associated chronic wounds and increasing expenditures on healthcare is anticipated to be the major drive the growth of the global market between 2019 and 2030.
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Major Players in the Wound Dressings Market
• Acelity L.P., Inc.
• Integra Lifesciences Holdings Corp.
• Convatec
• Organogenesis Inc.
• 3M Company
• Smith and Nephew PLC
• Mölnlycke Health Care
• Coloplast Corp
• Medline Industries, Inc.
High Costs of Wound Dressings Products to Restrain the Market
High costs associated with wound dressings products are one of the major factors affecting the growth of the market. The availability of affordable and cheaper versions of wound care products and high surgical costs associated with wound dressing’s products is anticipated to be one of the major hindrances in the growth of the global market.
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Increasing Prevalence of Diabetes
Diabetes is one of the most prominent, prevalent and menacing chronic diseases, which is known to affect millions of individuals worldwide. According to the report, the Global Burden of Disease (GBD), published in 2015, the prevalence of diabetes witnessed a substantial increment of 30.6% between 2005 and 2015. The prospect of wound care and treatment is extremely vital among the population suffering from chronic disorders, namely diabetes, and several others. Since failure to treat the same may lead to fatal outcomes.
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