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Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Asia Pacific Wound Dressing Market: By Product, Traditional and cotton wool)), By End User By Country
Asia-Pacific Wound Dressing Market size was valued at US$ 2,728.63 million in 2022 and is poised to grow at a CAGR of 6.5% from 2023-2029. The wound is a disruption of skin epithelial lining or mucosa which results in thermal or physical damage. Depending upon the healing nature and duration, the wound is classified into two types that is chronic wounds and acute wounds. Wounds can be caused because of the incisions made in the body during surgeries. The wound dressing is treating the wounds by both external and internal surgical procedures. Traditional wound dressings are used to treat acute wounds while advanced wound dressings are used to treat chronic wounds. It is expected to gain huge traction owing to the expansion of domestic demands and transformation towards export-oriented industry, Chinese are more dependent on the traditional wound dressing methods, the rise in disposable income and inclination towards advanced wound dressing methods are expected to propel the growth of the wound dressing market in China. Due to rising in technological advancements and rise in awareness among the people, a rise in initiatives taken by the government Japan Wound Dressing Market expected to expand at significant CAGR over the forecast period.
Asia-Pacific Wound Dressing market is majorly driven by advancements in the technologies and problems that are associated with traditional wound healing methods. Furthermore, increase in ageing of the population, government initiatives, and dire need of rapid and safe treatment for chronic wounds are also propelling the growth of the Asia-Pacific wound dressing market. The rise in prevalence of lifestyle disorders leads to chronic wounds like venous leg ulcer, pressure ulcer, diabetic foot ulcer is also booming the growth of Asia Pacific wound dressing market. However, high cost associated with the treatment, lack of awareness and reimbursement issues of new technologies are the few factors which are restraining the growth of the Asia Pacific wound dressing market.
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Market Size in 2022 |
US$ 2,728.63 million |
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The asia pacific wound dressing market size was valued at US$ 2,728.63 million in 2022
The report covers the five regions and 15+ countries market data: Asia Pacific (China, India, Japan, Australia & New Zealand),
Acelity LP Inc. (U.S.) Coloplast A/S (Denmark) ConvaTec Group Plc (UK) IonMed (Israel) Ethicon, Inc. (U.S.) Medtronic plc (U.S.) 3M Company (U.S.) Derma Sciences, Inc. (U.S.)
Key Market Players