Global Wound Dressing Market

May 2020| VMR2168A| Verified Market Research

Report Highlights

Wound Dressing Market Size And Forecast

According to Verified Market Research, the Wound Dressing Market was valued at USD 6.6 Billion in 2018 and is projected to reach USD 10.5 Billion by 2026, growing at a CAGR of 5.95% from 2019 to 2026.

Global Wound Dressing Market Outlook

The trend of the adoption of wound dressings among people is increasing. Increasing number of accidents and injuries owing to various causes such as illness, accidents, and others, are majorly bolstering the global wound dressing market. Moreover, growing geriatric population, rising incidences of diabetes and diabetic wounds globally, introduction of innovative technologies in the healthcare sector, and government initiation in the wound dressing market are some of the prominent factors responsible for the growth of global wound dressings market. However, high cost of active wound care treatments and high price of advanced wound dressing technology product and devices are the key factors that might hinder the global market growth. Furthermore, the competitive pricing pressure is the major challenge in the global market. 

Global Wound Dressing Market Competitive Landscape 

The Global Wound Dressing Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Mlnlycke Health Care AB, ConvaTec, Inc., Smith & Nephew Plc, Johnson & Johnson, 3M Healthcare, B. Braun Melsungen AG, Kinetic Concepts, Inc., Coloplast A/S, Derma Sciences, Inc., and PAUL HARTMANN AG.

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