Global Wound Care Market Outlook

Analysis of Wound Care Technologies

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Mar 31, 2015, 05:38 ET

LONDON, March 31, 2015 /PRNewswire/ -- The global wound care market is at a growth stage. It is driven by the increasingly aging population as well as rising rates of diabetes and obesity. These chronic health problems lead to diabetic ulcers, venous leg ulcers, and major surgeries requiring treatment solutions, thereby driving the usage of the wound care products, which increases the revenue for this market. The research service is based on the findings of secondary and primary research. High cost of products and poor reimbursement hamper the growth of this market. The analysis includes market dynamics, revenue forecasts, market share, and competitive structure. The market has been defined for the base year 2013 and forecasts have been provided until 2017.

Methodology
-Primary interviews were conducted with key industry experts and regulatory authorities. Designations of interviewed participants include chief executive officers, marketing managers, directors, and vice-presidents. In addition, interviews were conducted on end users and industry experts from government and trade associations.
-Secondary research sources such as the in-house Frost & Sullivan database, Frost & Sullivan's Decision Support Database, company annual reports, scientific journals, and industry-related articles have been utilized.
-The objective of the research service is to present a comprehensive analysis of the global wound care market with respect to market potential and key market dynamics.
-The study also covers factors driving the growth, challenges affecting the industry, and opportunities within the total market and market segments as estimated for the forecast period.
-The study period covered is from 2010 to 2017, with the base year as 2013 and forecast period from 2014 to 2017.

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