Chronic Wound Care Chronic Wound Care Market
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Chronic Wound Care Market Size 2021 | To Reach USD 16.36 Billion with 6.2% by 2027; Increasing Investment in Technological Integration will Emerge in Favor of Market Growth, says Fortune Business Insights™Key Prominent Players Covered in the Chronic Wound Care Market Research Report Are Smith & Nephew (London, U.K.) , Cardinal Health (Dublin, Ohio) , Coloplast Corp (Humlebaek, Denmark) , ConvaTec Inc. (England, U.K.) , Mölnlycke Health Care AB (Gothenburg, Sweden) , Integra LifeSciences Corporation (New Jersey, U.S.) , 3M (Minnesota, U.S) , B. Braun Melsungen AG (Melsungen, Germany) , Tissue Regenix (West Yorkshire, U.S) , Other Players
March 25, 2021 04:54 ET|
Source: Fortune Business Insights
"North America Likely to Emerge Dominant; Presence of Several Health Reimbursement Policies will Bode Well for Market Growth
The report analyses the latest market trends across five major regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in North America is projected to emerge dominant in the coming years. The high prevalence of chronic diseases, especially in the Unites States, will create several growth opportunities for the companies operating in this region.
Moreover, the presence of adequate health reimbursement policies will lead to a wider adoption of chronic wound care in this region. As of 2019, the market in North America was worth 3.87 billion and this value is projected to increase at a considerable pace in the coming years. The market in Asia Pacific is projected to register a high CAGR in the coming years, driven by the presence of several large scale companies in countries such as India and China."
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