Traditional Wound Management Market Insights on Trends and Growth Forecast by 2032

Posted by Ganesh Shinde on April 18th, 2023

The global traditional wound management market is poised to generate profitable opportunities from 2022 to 2032, with a valuation of US$ 5.1 billion by the end of 2022 and an estimated US$ 6.9 billion by the end of 2032, according to a new analysis by Future Market Insights.

The gauze category by product is expected to lead the global market with a share of approximately 39.7% in 2021. The market for traditional wound management grew at a CAGR of 2.9% from 2014 to 2021.

Conventional wound management is likely to undergo a shift in dynamics due to changes in the demographics of the senior population and the increasing prevalence of wounds caused by surgical site infections, a global issue. Additionally, chronic wound treatment is included in the surgical list. The growth of the traditional wound management market is primarily driven by the increase in trauma and chronic diseases such as diabetes and ulcers.

Competitive Landscape

The traditional wound care market is highly fragmented, with numerous competitors. These companies are implementing methods such as expanding their production capabilities through the construction of new factories and manufacturing facilities, engaging in partnerships and collaborations, and launching new products with technological advancements to meet consumer demand and expand their customer base.

Key Companies Profiled

  • Smith & Nephew plc.
  • B. Braun Melsungen AG
  • Johnson & Johnson Pvt. Ltd.
  • Medtronic Plc.
  • Cardinal Health,
  • Derma Sciences Inc.
  • Paul Hartman AG
  • Molnlycke Health Care
  • Medline Industries, Inc.
  • DUKAL Corporation
  • BSN Medical

Get More Details@ https://www.futuremarketinsights.com/reports/traditional-wound-management-market

Key Market Segments Covered in Traditional Wound Management Industry Research

By Product:

  • Bandages
    • Adhesive Bandages
    • Non-adhesive Bandages
    • Compression Bandages
  • Gauzes
    • Woven Gauzes
    • Non-woven Gauzes
  • Gauze Sponge
    • Woven Gauze Sponges
    • Non-woven Gauze Sponges
  • Sponges
    • Woven Sponges
    • Non-woven Sponges

By Application:

  • Skin and Diabetic Ulcers
  • Burns
  • Surgeries
  • Trauma
  • Others (skin cuts, primary dressings, etc.)

By End User:

  • Hospitals
  • Clinics
  • Diagnostic Centers
  • Homecare Settings
  • Ambulatory Surgical Centers

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Ganesh Shinde

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Ganesh Shinde
Joined: October 27th, 2022
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