Global Wound Closure Market by product type, application, end user and by Geography - Trends and Forecast to 2025 Wound is circumscribed injury caused by an external force, which involves injury to any tissue or organ. On the basis of severity of injury, wounds are classified into acute and chronic wounds. Wounds imposes significant impact on the health of patients, which leads to pain, loss of function and mobility, depression, anxiety, and stress. According to the National Health Services (NHS), England, annual cost of maintaining wounds and associated disease conditions is US$ 6.60 billion in the U.K. In 2016, around 2.2 million population accounted to have wound and about 30% wounds lacked the diagnosis treatment in the U.K. by General Physician (GP) report. Pressure ulcer account for around US$ 1.7 million to US$ 2.6 million annually in the U.K., which is same as 4% of total NHS expenditure in 2016. Request Sample Copy of Research Report @ https://www.coherentmarketinsights.com/insight/request-sample/1205 The global wound closure market is estimated to be valued at US$ 1.4 Billion in 2017 and is expected to witness a CAGR of 7.1% during the forecast period (2017 – 2025). Increasing prevalence of diabetes and diabetes associated ulcers are expected to fuel the growth of market Diabetes foot ulcer is major cause of disability, morbidity and mortality among diabetes patients and estimated that 15% of all people with diabetes are expected to suffer from an ulcer at some stage of their life. The increased rate of diabetes and associated diabetes foot ulcers are expected to boost the growth of the wound closure market over the forecast period. According to the International Diabetes Federation (IDF) Diabetes Atlas 2017, diabetes is among the top ten causes of mortality globally. Diabetes along with major chronic diseases such as cardiovascular disease, cancer and respiratory disease, accounted for 80% of all premature NCD deaths worldwide. Moreover, around 425 million (8.8%) people worldwide, which includes adults of 20-79 year age are estimated to have diabetes. In addition, in 2016, around 87% to 91% of all people with diabetes form the high income countries are estimated to have type 2 diabetes, according to the same source. According to the study published in the Journal of Diabetes Research 2017, diabetes mellitus is most important and common metabolic disorder affecting around 2-5% of the population in the Europe, and the incidence of diabetes mellitus are expected to account for 366 million by 2030, Report includes chapters which deeply display the following deliverable about industry : • Global Wound Closure Market Research Objective and Assumption • Global Wound Closure Market Purview - Report Description, Executive Summary, and Coherent Opportunity Map (COM) • Global Wound Closure Market Dynamics, Regulations, and Trends Analysis - Market Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis • Global Global Wound Closure Market, By Regions • Global Wound Closure Market Competition by Manufacturers including Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type. • Global Wound Closure Market Manufacturers Profiles/Analysis including Company Basic Information, Manufacturing Base and Its Competitors. • Global Wound Closure Market Manufacturing Cost Analysis including Key Raw Materials and Key Suppliers of Raw Materials. • Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials Sourcing and Downstream Buyers • Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market Positioning and Distributors/Traders List. • Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer Preference Change and Economic/Political Environmental Change. • Global Wound Closure Market Forecast including Production, Consumption, Import and Export Forecast by Type, Applications and Region. • Research Findings and Conclusion Market Dynamics The wound closure market is gaining significant traction due to increasing cases of surgical wounds, Ulcers, and associated cases of surgical site infections (SSIs) incidences. For instance, according to the data published in the National Center for Biotechnology Information (NCBI) in April 2016, diabetic foot Ulcers is a chronic complication of diabetes mellitus and it accounted to lifetime risk of developing foot Ulcers in a patient with diabetes ranges from 15% to 25%. Moreover the increasing incidences of diabetes mellitus is expected to fuel the growth of wound closure market. Request For Customization of Research Report @ https://www.coherentmarketinsights.com/insight/request-customization/1205 Key companies covered as a part of this study include Acelity L.P.Inc., Smith & Nephew plc, Johnson & Johnson, Braun Melsungen AG, ConvaTec Group plc, Baxter International Inc., Integra LifeSciences Corporation, Medtronic plc, Molnlycke Health Care AB, and Cardinal Health, Inc. About Coherent Market Insights Coherent Market Insights is a prominent market research and consulting firm offering actionready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: [email protected]
Wound is circumscribed injury caused by an external force, which involves injury to any tissue or organ.
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