U.S. Advanced Wound Care Market Size To Cross USD 3.4 Billion By 2026Posted by Neha Bora on September 23rd, 2019 San Francisco, 23 September 2019: The Report U.S. Advanced Wound Care Market Size, Share, & Trends Analysis Report By Product (Foam, Film, Hydrocolloid, Alginate), By Type (Chronic, Acute), By Region, Competitive Insights, And Segment Forecasts, 2019 – 2026 The U.S. advanced wound care market is expected to reach USD 3.42 billion by 2026, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 4.2% over the forecast period. Rising number of surgeries and increasing incidence of chronic wounds in the U.S. are the key factors driving the market. In the recent past, there has been a rise in the number of surgical procedures in the U.S. Rising prevalence of chronic diseases, such as cancer, diabetes, and autoimmune diseases, is one of the key factors leading to an increase in the number of surgeries being performed in the country. Incidence of infectious and non-communicable diseases has increased over the past few decades. This can be attributed to factors such as urbanization, borderline poverty in most developing states, antimicrobial resistance, and rise in prevalence of food-borne diseases. Unhealthy lifestyle, limited physical activity, alcohol abuse, and smoking are some of the major factors contributing to rising prevalence of the abovementioned diseases. According to CDC, in 2017, more than 100.0 million people were living with diabetes in the U.S. Type II diabetes is the most common type of diabetes, and 90% of the affected population is suffering from type II diabetes. Diabetic foot ulcer, a common complication of diabetes, typically requires surgical intervention to prevent foot amputation. Thus, increasing number of surgeries is expected to drive growth of the advanced wound care market in the U.S. Cancer is a major healthcare burden in the U.S., as it is the second leading cause of death. According to CDC, about 1,658,716 new cases of cancer were reported in the U.S. in 2016. Therefore, these factors are likely to expedite market growth. Access Research Report of U.S. Advanced Wound Care Market @ www.grandviewresearch.com/industry-analysis/us-advanced-wound-care-market Further key findings from the report suggest:
Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/medical-devices Grand View Research has segmented the U.S. advanced wound care market on the basis of product, application, and end use: U.S. Advanced Wound Care Product Outlook (Revenue, USD Million, 2015 - 2026)
U.S. Advanced Wound Care End-use Outlook (Revenue, USD Million, 2015 - 2026)
U.S. Advanced Wound Care Application Outlook (Revenue, USD Million, 2015 - 2026)
Access Press Release of U.S. Advanced Wound Care Market @ www.grandviewresearch.com/press-release/us-advanced-wound-care-market-analysis About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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