Title: Wound Care Market worth $22,142 Million by 2016
1Markets and Markets
Wound Care Market ( 2016)
http//www.marketsandmarkets.com/Market-Reports/w
ound-care-market-371.html
2INTRODUCTION
- The market research report Marketsandmarkets
adds a new report Wound Care Market worth
22,142 Million by 2016 has been published by
MarketsandMarkets. According to this report
studies the global wound care market from the
period of 2011 and 2016. The wound care market is
driven by increase in the ageing population, rise
in chronic diseases (such as diabetes and
hypertension), and technological advancements.
The demand for portable and easy-to-use devices
is expected to drive the growth of the wound care
market in the coming years - .
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3Scope of Report
- Rapid breakthrough in wound-healing technologies
to develop cost effective treatment is expected
to drive the growth of the market. Companies are
now focusing on the introduction of advanced
materials, methods, and active substances for the
treatment of wounds. For example, Smith and
Nephew launched in January 2012 a pocket-sized
PICO system, a single use Negative Pressure Wound
Therapy (NPWT) system, across the U.S., Europe,
Canada, and Australia. The PICO systems
one-button pump is easy-to-use and its small size
and silent operation provides a discreet,
unobtrusive way to carry on daily life with
NPWT..
4On the basis of geography
- The U.S. constitutes the biggest market for wound
care products and devices, followed by Europe,
Asia and ROW. The rising number of chronic
diseases and ageing population has boosted the
demand for this market. The pricing and
reimbursement issue is one of the major factors
hampering the growth of this market. The Asian
region is expected to witness moderate growth,
mainly due to lack of reimbursement, forcing
physicians and patient to opt for traditional
treatment. The overall wound care market is also
expected to foresee moderate growth relatively
higher growth will be seen in advanced wound care
products, tissue engineered products, and
negative pressure relief devices..
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