Wound Care Market Predicted To Reach USD 27.21 Billion By 2028Posted by Neha Bora on February 4th, 2021 San Francisco, 4 Feb 2021: The Report Wound Care Market Size, Share & Trends Analysis Report By Application (Chronic, Acute Wounds), By Product (Advanced, Surgical), By End Use (Hospitals, Home Healthcare), By Region, And Segment Forecasts, 2021 - 2028 The global wound care market size is expected to reach USD 27.21 billion by 2028 registering a CAGR of 4.1%, according to a new report by Grand View Research, Inc. Rising prevalence of chronic diseases and growing geriatric population are the key factors driving the global market. An increasing number of Ambulatory Surgical Centers (ASCs) across the globe is also anticipated to boost the market growth over the forecast period. Ambulatory surgical centers offer a variety of services, such as surgical care, diagnostics, and preventive procedures. Surgeries for pain management, urology, orthopedics, restorative, and Gastro-Intestinal (GI)-related surgeries are also performed in ASCs. Earlier, ASCs were only capable of performing GI-related minor surgeries; however, with the rising demand for minimally invasive surgical procedures, services offered by ASCs expanded and grew exponentially. In addition, ASCs are highly cost-effective as favorable reimbursement coverages are provided for ASC services. The chances of contracting post-surgical, hospital-related infections are also reduced. ASCs provide specific instructions to patients regarding post-surgical homecare. According to the U.S. Department of Health and Human Services (HHS) data records of 2014, there were 17.2 million hospital visits. These included invasive, therapeutic surgeries, and ambulatory surgeries. Around 9.94 million (57.8%) of these surgeries occurred in hospital-owned ambulatory surgery settings and the remaining 7.26 million surgeries (42.2%) were conducted in hospitals. Access Research Report of Wound Care Market @ https://www.grandviewresearch.com/industry-analysis/wound-care-market Wound Care Market Report Highlights
List of Key Players of Wound Care Market
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