DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/rk4nnf/wound_closure_and) has announced the addition of the "Wound Closure and Advanced Wound Care Global Market - Forecast to 2021" report to their offering.
Rising prevalence of lifestyle diseases such as diabetes and cardiovascular and related surgeries drive the demand for sophisticated tissue sealing alternatives as well as new technology products boosts wound closure and advanced wound care market growth. In addition, increase in aging population and volume of surgeries along with government initiatives and wide range of available products likely to propel the wound care market.
Increasing prevalence of chronic wounds, optimised physical therapies, healthy growth in biological products and acquisitions related to wound closure and care to open an array of opportunities for the market to flourish are some of the opportunities that are propelling the growth of the market.
However, there are a number of factors restraining market growth including:
A lack of trained physicians
High cost of sealants and glues
Unfavorable reimbursement policies
Reluctance in adoption of new technologies.
The wound closure and advanced wound care global market based on geography is divided into North America, Europe, Asia-Pacific and Rest of the world. North American region commanded the largest revenue market in 2014 and is expected to grow at CAGR of 6.3%. during the forecasting period.
Reimbursement schemes, increase in life style diseases such as diabetics, cardiovascular diseases, acceptance of advanced wound closure products has led the market growth in this region. However, Asia- Pacific region is expected to grow at a highest CAGR from 2014 to 2021 due to increasing trends of medical tourism, large patient pool and rising aged population with increased surgeries.
Key Topics Covered:
1 Executive Summary
3 Market Analysis
4 Wound Closure And Advanced Wound Care Market, By Product
5 Wound Closure And Advanced Wound Care Global Market, By Applications
6 Wound Closure And Advanced Wound Care Global Market, By End-Users
7 Wound Closure And Advanced Wound Care Market, By Geography
8 Company Developments
9 Company Profile
- Abbott Laboratories
- Acelity Ltd (Kci & Systagenix)
- Baxter International, Inc
- B. Braun Melsungen Ag
- Cardinal Health Inc.
- C.R.Bard Inc.
- Integra Lifesciences Corporation
- Johnson & Johnson (Ethicon)
- Medtronic Inc
Smith & Nephew Plc
For more information visit http://www.researchandmarkets.com/research/rk4nnf/wound_closure_and