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(MoneyNewsWire.Net, July 04, 2017 ) The Asia-Pacific Wound Care Management Devices Market was worth $3.6 billion in 2016 and estimated to be growing at a CAGR of 4.81%, to reach $4.55 billion by 2021. Asia Pacific region is anticipated to increase its market share in the future due to the increase in technological advancements.
The utilization of advanced wound care management devices promote the wound healing process and reduce the recovery time. As a result, demand for advanced wound dressing, wound therapy devices and active wound care products is expected to increase.
Browse market data tables and in-depth TOC of the Asia-Pacific Wound Care Management Devices Market to 2021 @ http://www.marketdataforecast.com/market-reports/asia-pacific-wound-care-management-devices-market-1647/
The wound care management devices market is growing rapidly because of rising geriatric population and growing awareness about these products along with its increasing adoption. Rising incidences cases of obesity and diabetes are also leading to augmented demand for advanced wound care products. High cost of these devices is restraining the market growth.
The Asia-Pacific Wound Care Management Devices market is segmented on the basis of product into Advanced Wound Management Products, Surgical Wound Care and Traditional Wound Care. Advanced Wound Management Products are segmented into advanced wound dressings, Therapy devices and Active wound care. Advanced wound dressings segment is further segmented into foam dressings, hydrocolloid dressings, alginate dressings, hydrogel dressings and collagen dressings. Therapy devices is sub segmented into negative pressure wound therapy, pressure relief devices, oxygen and hyperbaric oxygen devices and electrical stimulation devices. Active wound care segment is divided among artificial & skin substitutes and topical agents. On the basis of type of wound, the market is bifurcated among chronic wounds, acute wounds, surgical & traumatic wounds and burns. Based on end users market is divided among hospitals, clinics and home care settings.
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Based on geography the market is analysed under various countries namely, China, India, Japan, South Korea and Australia. China is dominating the market and Japan is anticipated to grow at highest rate.
The prominent players in the wound care market are Coloplast A/S (Denmark.), Baxter International Inc. (U.S.), Hollister Inc. (U.S.), Mölnlycke Health Care (Sweden), 3M Company (U.S.), Covidien PLC (Ireland), Ethicon Inc. (U.S.), Derma Sciences Inc. (U.S.), Convatec Healthcare B.S.A.R.L (U.S.), Acelity L.P/ (U.S.), and Smith & Nephew (U.K.).
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