The India wound care product is expected to cater to the demand and provide the quality healthcare facilities needed by and beyond 2020.
The need for rapid wound healing has increased significantly in the recent years due to the rising prevalence of chronic and acute diseases. The India wound care product market is anticipated to show a single-digit growth rate during the forecasted period. Various wound care manufacturers in India are planning to launch new advanced wound care products across the country by the end of 2018.
Revenue growth in India for the wound care product market is at a considerable rate. This trend has been driven primarily by increasing disposable income and also rising healthcare expenditure by patients.
By product type, the market is segmented into surgical wound care, advanced wound care, and traditional wound care. The rising incidence of chronic diseases like diabetes, ulcers, trauma, etc., is creating huge opportunities for the advanced wound care products.
The hospitals and specialty care clinics have the largest market share based on the end user segment for India, whereas the home healthcare segment is growing fast because of the expanding applications of self-treatment at home.
Key Growth Factors
- The increasing geriatric population in India is also creating huge opportunities for the various wound care products.
- The rising awareness about the benefits of advanced wound care products also drives the market in this region.
- A major challenge that the India wound care product market will face is price sensitivity.
- Smith & Nephew
- Acelity L.P. Inc.
- Johnson & Johnson Pvt. Ltd.
Key Topics Covered
Chapter 1. Executive Summary
Chapter 2. India Wound Care Product Market - Overview
Chapter 3. India Wound Care Product Market Segmentation - by Product Type
Chapter 4. India Wound Care Product Market Segmentation - by Application
Chapter 5. India Wound Care Product Market Segmentation - by End User
Chapter 6. Competitive Landscape
Chapter 7. Conclusion
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