Global Wound Closure Market

Global Wound Closure Market by product type,
application, end user and by Geography - Trends and
Forecast to 2025
Wound is circumscribed injury caused by an external force, which involves injury to any tissue
or organ. On the basis of severity of injury, wounds are classified into acute and chronic
wounds. Wounds imposes significant impact on the health of patients, which leads to pain, loss
of function and mobility, depression, anxiety, and stress. According to the National Health
Services (NHS), England, annual cost of maintaining wounds and associated disease conditions is
US$ 6.60 billion in the U.K. In 2016, around 2.2 million population accounted to have wound
and about 30% wounds lacked the diagnosis treatment in the U.K. by General Physician (GP)
report. Pressure ulcer account for around US$ 1.7 million to US$ 2.6 million annually in the
U.K., which is same as 4% of total NHS expenditure in 2016.
Request Sample Copy of Research Report @
https://www.coherentmarketinsights.com/insight/request-sample/1205
The global wound closure market is estimated to be valued at US$ 1.4 Billion in 2017 and is
expected to witness a CAGR of 7.1% during the forecast period (2017 – 2025).
Increasing prevalence of diabetes and diabetes associated ulcers are expected to fuel the growth
of market
Diabetes foot ulcer is major cause of disability, morbidity and mortality among diabetes patients
and estimated that 15% of all people with diabetes are expected to suffer from an ulcer at some
stage of their life. The increased rate of diabetes and associated diabetes foot ulcers are
expected to boost the growth of the wound closure market over the forecast period. According
to the International Diabetes Federation (IDF) Diabetes Atlas 2017, diabetes is among the top
ten causes of mortality globally. Diabetes along with major chronic diseases such as
cardiovascular disease, cancer and respiratory disease, accounted for 80% of all premature NCD
deaths worldwide. Moreover, around 425 million (8.8%) people worldwide, which includes
adults of 20-79 year age are estimated to have diabetes. In addition, in 2016, around 87% to
91% of all people with diabetes form the high income countries are estimated to have type 2
diabetes, according to the same source. According to the study published in the Journal of
Diabetes Research 2017, diabetes mellitus is most important and common metabolic disorder
affecting around 2-5% of the population in the Europe, and the incidence of diabetes mellitus
are expected to account for 366 million by 2030,
Report includes chapters which deeply display the following deliverable about industry :
• Global Wound Closure Market Research Objective and Assumption
• Global Wound Closure Market Purview - Report Description, Executive Summary, and
Coherent Opportunity Map (COM)
• Global Wound Closure Market Dynamics, Regulations, and Trends Analysis - Market Dynamics,
Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals,
Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Global Wound Closure Market, By Regions
• Global Wound Closure Market Competition by Manufacturers including Production, Share,
Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Global Wound Closure Market Manufacturers Profiles/Analysis including Company Basic
Information, Manufacturing Base and Its Competitors.
• Global Wound Closure Market Manufacturing Cost Analysis including Key Raw Materials and
Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Global Wound Closure Market Forecast including Production, Consumption, Import and Export
Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Market Dynamics
The wound closure market is gaining significant traction due to increasing cases of surgical
wounds, Ulcers, and associated cases of surgical site infections (SSIs) incidences. For instance,
according to the data published in the National Center for Biotechnology Information (NCBI) in
April 2016, diabetic foot Ulcers is a chronic complication of diabetes mellitus and it accounted
to lifetime risk of developing foot Ulcers in a patient with diabetes ranges from 15% to 25%.
Moreover the increasing incidences of diabetes mellitus is expected to fuel the growth of wound
closure market.
Request For Customization of Research Report @
https://www.coherentmarketinsights.com/insight/request-customization/1205
Key companies covered as a part of this study include Acelity L.P.Inc., Smith & Nephew plc,
Johnson & Johnson, Braun Melsungen AG, ConvaTec Group plc, Baxter International Inc.,
Integra LifeSciences Corporation, Medtronic plc, Molnlycke Health Care AB, and Cardinal
Health, Inc.
About Coherent Market Insights
Coherent Market Insights is a prominent market research and consulting firm offering actionready syndicated research reports, custom market analysis, consulting services, and competitive
analysis through various recommendations related to emerging market trends, technologies, and
potential absolute dollar opportunity.
Contact Us
Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

Wound is circumscribed injury caused by an external force, which involves injury to any tissue or organ.

Download Report