The Business Research Company’s Wound Care Devices Global Market Report 2021: COVID-19 Impact And Recovery
LONDON, GREATER LONDON, UK, November 16, 2021 /EINPresswire.com/ — According to the new market research report ‘Wound Care Devices Global Market Report 2021: COVID-19 Impact And Recovery’ published by The Business Research Company, the wound care devices market is expected to grow from $17.72 billion in 2020 to $19.14 billion in 2021 at a compound annual growth rate (CAGR) of 8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The wound care devices market is expected to reach $24.39 billion in 2025 at a CAGR of 6%. Combination dressings are increasingly being used to treat chronic wounds.
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The wound care devices market consists of sales of wound care devices and related services by entities (organizations, sole traders and partnerships) that produce wound care devices used to prevent wound infections and promote wound healing.
Trends In The Global Wound Care Devices Market
Wound care device manufacturers should consider focusing on delivering wound care products such as hydrocolloid dressings to improve treatment effectiveness and usage. Hydrocolloid dressing consists of adhesives with gel-forming components composed of either silicone or polyurethane. They are waterproof and self –adhering advanced wound care products that provide moisture-filled healing environment for the wound. Hydrocolloid bandages are utilized for burns with moderate severity, granular wounds and protects healed skin by absorbing moisture and swells. For instance, BenQ, a consumer electronics company, offers hydrocolloid dressing which are waterproof, invisible and against UV rays facilitating to high moisture absorption and wound healing.
Global Wound Care Devices Market Segments:
The global wound care device market is further segmented:
By Type: Traditional Adhesive Dressings, Negative-pressure Wound Therapy (NPWT), Traditional Gauze Dressings, Advanced Wound Care Devices
By End User: Hospitals And Clinics, Diagnostic Laboratories, Others
By Type of Expenditure: Public, Private
By Product: Instruments/Equipment, Disposables
By Geography: The global wound care market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the North American wound care devices market accounts for the largest share in the global wound care devices market.
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Wound Care Devices Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides wound care devices global market overviews, analyzes and forecasts market size and growth for the global wound care devices market, wound care devices global market share, wound care devices global market players, wound care devices global market segments and geographies, wound care devices market’s leading competitors’ revenues, profiles and market shares. The wound care devices market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Read Wound Care Devices Global Market Report 2021 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Wound Care Devices Market Organizations Covered: Medline Industries, Cardinal Health Inc, 3M.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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Here is a list of reports from The Business Research Company similar to the Wound Care Devices Global Market Report 2021:
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3D Printed Medical Devices Global Market Report 2021: COVID-19 Growth And Change
Wearable Medical Devices Global Market Report 2021: COVID-19 Growth And Change
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Source: EIN Presswire