Skip to main content
Canada’s most-awarded newsroom for a reason
Enjoy unlimited digital access
per week
for 24 weeks
Canada’s most-awarded newsroom for a reason
per week
for 24 weeks
// //

3M Company NYSE: MMM-N

Today's Change
Real-Time Last Update Last Sale Cboe BZX Real-Time

More stories below advertisement

Advanced Wound Care Market: Growth Challenges Emerging Demand, Development Plans, Drivers and Opportunity Outlook till 2028

AmericaNewsHour - Thu Oct 14, 2:59AM CDT

Research Nester released a report titled " Advanced Wound Care Market : Global Demand Analysis & Opportunity Outlook 2028"which delivers detailed overview of the global advanced wound care market in terms of market segmentation by product, by wound type, by end user and by region.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter's five force model.

Chronic wounds caused by road accidents or as a result of diabetes and obesity are generating high demand for evidence-based approach pertaining to advanced wound care. Riding on the back of these factors along with growing research and development activities to hone the effectiveness of wound care treatment, the advanced wound care market is expected to witness significant opportunities and grow at a notable CAGR during the forecast period, i.e., 2020-2028. The market is segmented by end users into hospitals & clinics, home care settings and others. Among these segments, the hospitals & clinics segment is project to hold notable share over the upcoming years. This can be attributed to rising advancements in healthcare and availability of better treatment options in hospitals and clinics.

Regionally, the global advanced wound care market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region, out of which, North America is anticipated to hold the largest market share owing to rising geriatric population, robust economy, and increased research and development initiatives taken by the government related to providing efficient and advanced wound care treatment.

The Final Report will cover the impact analysis of COVID-19 on this industry @

Rising Prevalence of Diabetes to Drive Demand for Advanced Wound Care

According to the International Diabetes Federation, around 463 million people between the age of 20 and 79 were living with diabetes. This number is further projected to touch 700 million by 2025.

Inactive lifestyle resulting in various kinds of health disorders such as diabetes is one of the major reasons behind the growth of the market. Additionally, rising research and development activities related to advanced wound care treatment is boosting the market growth.

However, higher costs associated with the treatment and intense competition in the market are expected to operate as key restraints to the growth of the advanced wound care market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global advanced wound care market which includes company profiling of 3M(NYSE:MMM), Hill-Rom Holdings Inc(NYSE:HRC), Cardinal Health Inc. (NYSE:CAH), Celularity Inc.,  Paul Hartmann AG (FRA:PHH2), Organogenesis Holdings Inc.(NASDAQ:ORGO), Smith & Nephew plc.(LON:SN), Medtronic plc.(NYSE:MDT), Integra Lifesciences Holdings Corp.(NASDAQ:IART), Johnson & Johnson(NYSE:JNJ), and Coloplast A/S(CPH:COLO-B) among other prominent players.

Get Exclusive Sample Report Data Of This Report @

The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global advanced wound care market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

About Research Nester:

Research Nester is a one-stop service provider with a client base in more than 50 countries, leading in strategic market research and consulting with an unbiased and unparalleled approach towards helping global industrial players, conglomerates and executives for their future investment while avoiding forthcoming uncertainties. With an out-of-the-box mindset to produce statistical and analytical market research reports, we provide strategic consulting so that our clients can make wise business decisions with clarity while strategizing and planning for their forthcoming needs and succeed in achieving their future endeavors. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds.

Contact for more Info:

AJ Daniel


U.S. Phone: +1 646 586 9123

U.K. Phone: +44 203 608 5919

The post Advanced Wound Care Market: Growth Challenges Emerging Demand, Development Plans, Drivers and Opportunity Outlook till 2028 appeared first on America News Hour .

comtex tracking


More stories below advertisement

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2021.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).

To view this site properly, enable cookies in your browser. Read our privacy policy to learn more.
How to enable cookies