{"id":55872,"date":"2023-04-17T11:03:44","date_gmt":"2023-04-17T09:03:44","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/wound-care-global-market-report-2023-sector-to-reach-29-57-billion-by-2030-at-a-4-15-cagr-researchandmarkets-com\/"},"modified":"2023-04-17T11:03:44","modified_gmt":"2023-04-17T09:03:44","slug":"wound-care-global-market-report-2023-sector-to-reach-29-57-billion-by-2030-at-a-4-15-cagr-researchandmarkets-com","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/wound-care-global-market-report-2023-sector-to-reach-29-57-billion-by-2030-at-a-4-15-cagr-researchandmarkets-com\/","title":{"rendered":"Wound Care Global Market Report 2023: Sector to Reach $29.57 Billion by 2030 at a 4.15% CAGR – ResearchAndMarkets.com"},"content":{"rendered":"
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DUBLIN–(BUSINESS WIRE)–The “Wound Care Market Size, Share & Trends Analysis Report By Product (Advanced, Surgical), By Application (Acute, Chronic), By End-use, By Mode of Purchase, By Distribution Channel, By Region, And Segment Forecasts, 2023 – 2030”<\/a> report has been added to ResearchAndMarkets.com’s<\/strong> offering.<\/p>\n

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\nThe global wound care market size is anticipated to reach USD 29.57 billion by 2030, expanding at 4.15% CAGR from 2023 to 2030.<\/p>\n

\nIncreasing number of surgical cases, a rapidly aging population, as well as a rising number of diabetic patients, are among the major factors driving this market’s growth.<\/p>\n

\nFor instance, according to Ageing Asia, as of 2019, more than 139 million people, i.e., about 10% of India’s total population, were over 60. This is expected to increase to 19.5% by 2050. The geriatric population is more susceptible to wounds. Hence, due to the increasing number of elderly patients, the wound care industry is anticipated to witness growth during the forecast period.<\/p>\n

\nThe wound care industry has seen significant technological advancements in recent years, leading to the development of new and innovative products for treating various types of wounds. Growth factors are naturally occurring proteins that stimulate cell growth and division. These proteins can be used in wound care to promote healing and tissue regeneration.<\/p>\n

\nFor example, platelet-derived growth factor (PDGF) is effective in promoting the healing of chronic wounds. Similarly, 3D printing technology has revolutionized the production of custom-made wound care products, such as prosthetic limbs, orthotics, and wound dressings.<\/p>\n

\nIn addition, many leading manufacturers are undertaking strategic initiatives such as product launches, partnerships, and geographic expansion, which may help them capitalize on the increasing demand for wound care products during the forecast period. For instance, Human Biosciences planned on launching two new wound care products in the Indian market.<\/p>\n

\nThe launch of these products in the Indian market is expected to help the company to capture the post-pandemic wound care industry in India. Thus, similar initiatives by other market players are anticipated to boost the wound care industry’s growth post-pandemic.<\/p>\n

\nWound Care Market Report Highlights<\/strong><\/p>\n