Global Active Wound Care Market By Product Type, By Distribution Channel, By End Users, By Indication, Geography – Industry Trends and Forecast to 2024Market Analysis: Global Active Wound Care Market
The active wound care or wound care biologics market accounted to USD 817.6 million in 2016 growing at a CAGR of 12.2% during the forecast period of 2017 to 2024.
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Market Definition : Global Active Wound Care Market
Wound care biologics or Active wound care are being frequently used for the treatment of complex burn injuries in patients with the inadequate skin for grafting due to which wound care biologics are established and used for the treatment of prevalent such as diabetic foot ulcer and venous leg ulcers.
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Major Market Drivers and Restraints: Global Active Wound Care Market
• Rising geriatric population
• Rising prevalence of chronic diseases
• Rising government initiatives
• Increasing accessibility of advanced diagnostics
• Growing technological advancement
• Favorable Reimbursement Policies
Market Segmentation: Global Active Wound Care Market
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Based on distribution channels, active wound care market is segmented into retail and direct tenders. On the basis of end users the market is segmented into hospitals and wound care centers.
On the basis of indication the market is segmented into venous ulcers, pressure ulcers, diabetic ulcers, 3rd degree burns and infected surgical wounds.
Competitive Analysis: Global Active Wound Care Market
Major Market Competitors: Global Active Wound Care Market
Some of the major players operating in active wound care market are Molyncke Healthcare, Smith and Nephew, Osiris Therapeutics Inc., Medline Industries, Inc., Avita Medical, BIOD, LLC, Convatec Inc., Cytori Therapeutics, Inc., Intercytex, Human Biosciences Inc., Novadaq, Alliqua Biomedical, Inc., Organogenesis Inc., Wright Medical Group N.V. among others
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