The Total Advanced Wound Care Market to be worth $16.3bn in 2023

The demand for advanced wound care products is expected to rise over the next 10 years, driven by an increase in chronic wounds. This can be attributed to an aging population and an increase in lifestyle related disorders such as diabetes and obesity. predicts the total advanced wound care market to be worth $16.3bn in 2023.  The move from traditional wound care treatment to advanced wound care started in the mid 80's, with more and more advanced products coming in to the market. Clinicians and patients now prefer advanced wound care products over traditional products, as they are more efficient in wound healing and reduce hospital stays. While moist wound care products currently dominate the market, wound care devices and biologics are witnessing strong growth. More companies, both multinationals and smaller companies are investing in R&D to make their product lines stronger. However, the growth will depend on more clinical evidence becoming available.
 

To Know More - Advanced Wound Care: World Market Prospects 2013-2023