Press Release

Wound Care Devices Market Worth US$ 2,949.2 Mn by Top International Players Smith & Nephew, Cardinal Health and more

Wound Care Devices Market: Prominent Players: Smith & Nephew, KCI Licensing, Inc., Talley Group Ltd, Cardinal Health, ConvaTec, DeRoyal, Devon Medical Products, BSN medical, Medela AG

Wound Care Devices MarketThe Global Wound Care Devices Market is expected to rise at a healthy CAGR of 5.1% between 2017 and 2025 as per a new report by Fortune Business Insights. Fortune Business Insights in a report, titled “Wound Care Devices Market: Global Market Analysis, Insights and Forecast, 2018-2025” provides insights on factors enabling growth in the market. As per the report, the market was valued at US$ 1994.8 Mn in 2017 and is projected to reach a valuation of US$ 2949.2 Mn by 2025.

Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/wound-care-devices-market-100388

Leading Players operating in the Wound Care Devices Market are:

  • Smith & Nephew
  • KCI Licensing, Inc.
  • Talley Group Ltd
  • Cardinal Health
  • ConvaTec
  • DeRoyal
  • Devon Medical Products
  • BSN medical
  • Medela AG

New Product launches by Smith & Nephew Intended to Strengthen its Position

The global wound care devices market is highly consolidated in nature owing to robust networking distribution of leading players. The rising demand for high-quality and branded products encourages companies to operate in the market. Companies are planning to focus on mergers and acquisitions (M&A) and new product launches to survive the competition.

This device is one of the first portable single-use negative pressure device in the world and can treat two wounds at the same time. The FDA approved a new negative pressure wound therapy device called Platform Wound Dressing (PWD). This device was launched by Applied Tissue Technologies LLC in January 2019 with an aim to eradicate the use of gauze or foam dressings

For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/wound-care-devices-market-100388

Easy Accessibility of Products to Help Market Grow in North America

The wound care devices market in North America was valued at US$ 796.4 Mn in the year 2017 and is expected to grow at a higher percentage during the forecast years. Growing geriatric pollution and rising awareness about wound care treatment are key factors driving the market in this region.

Furthermore, rising prevalence of different types of ulcers in the U.S. is expected to facilitate growth of the market, stirring demand for wound care dressings. As per a study conducted by the CDC, the U.S., registers 2.5 million patients suffering from pressure ulcers each year. Besides North America, Asia Pacific is projected to show attractive growth owing to large population bases especially in China and India. Also, growing prevalence of diabetes in this region is expected to drive the market Asia Pacific.

Report Focus:

  • Extensive product offerings
  • Customer research services
  • Robust research methodology
  • Comprehensive reports
  • Latest technological developments
  • Value chain analysis
  • Potential Wound Care Devices Market opportunities
  • Growth dynamics
  • Quality assurance
  • Post-sales support
  • Regular report updates

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Dale Martinez

Dale possesses an engineering degree in Electronics from the Georgia Institute of Technology. She is the sole contributor at the Healthcare IT column. Before opting to write, Dale worked at major firms such as Microsoft, Amazon, GE, Raytheon, and so on. She possesses vast knowledge about a variety of fields like IT, IoT, Telecommunications, Health Dialysis, photovoltaic, and many others. Dale is also a ballet dancer.

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