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Asia-Pacific Advanced Wound Care Market Set for Rapid Expansion in Coming Years

The global advanced wound care market is set for lucrative growth in the coming years, as per the estimates of P&S Intelligence, a market research company based in India. The market is being driven by the surging population of geriatric people, the rising incidence of burn cases, obesity, and diabetes, the increasing requirement for surgeries, rapid technological advancements in the healthcare industry, and the growing prevalence of chronic wounds and road accidents all over the world.

As advanced wound care products have greater absorption capacities than the conventionally used wound care products such as sponges, wadding, plasters, and gauze, they are being increasingly preferred by medical practitioners for preventing wound seepage. Moreover, these products allow greater oxygen exchange and moisture retention and completely block the entry of microorganisms into the wounds than the conventional wound care products. Additionally, they also facilitate the rapid building of new tissues for covering the wound.

Depending on application, the market is categorized into burns, surgical and chronic wounds, and ulcers. Out of these, the surgical and chronic wounds category recorded the highest growth in the market during the last few years and it will also demonstrate the fastest growth in the forthcoming years. This will be because of the soaring geriatric population, the rising incidence of obesity and diabetes, and the surging occurrence rate of road accidents across the world.

Across the globe, the advanced wound care market will exhibit the fastest growth in the Asia-Pacific (APAC) region in the forthcoming years. This is credited to the surging population of geriatric people and the rising incidence of diabetes, burns and road accidents in the region. According to the observations of the World Health Organization (WHO) in 2014, around 1 million people are diagnosed with moderate and severe burns in India every year.

Browse detailed report on Advanced Wound Care Market Business Strategies, and Regional Outlook

Asia-Pacific Advanced Wound Care Market Set for Rapid Expansion in Coming Years

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Last Updated: 24-May-2022