Exponential Growth Expected for Gunshot Injuries Treatment Market with Complete SWOT Analysis by Forecast to 2021 to 2027
Coherent Market Insights released a new market study on 2021-2027 Gunshot Injuries Treatment Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. Report offering you more creative solutions that combine our deep geographic experience, intimate sector knowledge and clear insights into how to create value in your business. The research study provides estimates for 2021-2027 Gunshot Injuries Treatment Market Forecast till 2027*.
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The global gunshot injuries treatment market was evaluated at US$ 6.9 million in 2015 and is estimated to exhibit a CAGR of 8.2% over the forecast period (2017-2025). Technological advancements, such as innovative pocket-sized devices, aid in emergency treatments in the battlefields for soldiers. Hence, this is one of the major factors driving the expansion of the global gunshot injuries treatment market. Efficient treatment using products that prevent postpartum hemorrhage is another significant factor bolstering the global market growth. Postpartum hemorrhage (PPH), for the record, is the chief cause behind maternal mortality in low-income countries, and account for a quarter of the global maternal deaths.
In an article published by Medscape, the pregnancy-related mortality ratio in 2013 was evaluated at 17.3 deaths per 100,000 pregnant women, and around 11.4% of these deaths were found to be caused by postpartum hemorrhage. At present, several organizations, including the United States Agency for International Development (USAID), the Government of Norway, the Bill & Melinda Gates Foundation, Grand Challenges Canada, and the UK Government, are known to be financially supporting the development of preventive devices for PPH, which acts as a developmental factor for the global market growth. For instance, the XSTAT-PPH device by jointly developed by the Oregon Health & Science Univsersity and RevMedx for the treatment of PPH in low resource settings, drives the growth of the global gunshot injuries treatment market.
However, surgical priorities for the management of gunshot injuries include hemorrhage control, prevention, and reconstruction of infection. The Xstat syringe was the only FDA-approved device for immediate treatment of blood flow. In 2015, the article published in Current Reviews in Musculoskeletal Medicine stated that around 70% of battlefield wounds that have sustained since the Second World War are gunshot injuries. Therefore, the affected soldiers require immediate admission into trauma centers for definitive management of the gunshot wounds in emergency departments.
Key Market Takeaways:
- The global gunshot injuries treatment market is poised to witness a tremendous CAGR of 8.2% over the forecast period, with the global regions, including Asia Pacific, Latin America, the Middle East, and Africa, focusing on increasing their military spending.
- In the present day, RevMedx, Inc. is the sole player involved in the global gunshot injuries treatment market.
Gunshot Injuries Treatment Market – Competitive Landscape
Key players functioning in the global prosthetic liners market consists of RevMedx, Inc.
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• Current and future of global Gunshot Injuries Treatment Market outlook in the developed and emerging markets • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period. • Regions/countries that are expected to witness the fastest growth rates during the forecast period • The latest developments, market shares, and strategies that are employed by the major market players
Major Point Answered in Gunshot Injuries Treatment Market Research Study are:
- What will be the progress rate of the Gunshot Injuries Treatment Market for the conjecture period, 2021-2027?
- What are the prominent factors driving the Gunshot Injuries Treatment Market across different regions?
- Who are the major vendors dominating the Gunshot Injuries Treatment industry and what are their winning strategies?
- What will be the market scope for the estimated period?
- What are the major trends shaping the expansion of the industry in the coming years?
- What are the challenges faced by the Gunshot Injuries Treatment Market?
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