Middle East & Africa Advanced Wound Care Market - Size
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
Advanced wound care products are designed to treat more complex wounds. The treatments rotate around the principle of moisture therapy, which provides moisture to the wound site to encourage natural cell repair while giving the wound room to breathe.
The Middle East & Africa Advanced Wound Care Market Size & Growth:
The Middle East & Africa Advanced Wound Care Market size is projected to reach approximately $ 613.42 million by the end of 2024 with a CAGR of close to 3.27% from $ 492.10 million in 2017 during the forecast timeline 2018-2024. Key parameters promoting the market growth include rising incidence of diabetes & associated chronic wounds, rapid growth in the geriatric population, increasing adoption of evidence-based treatments for chronic wounds, innovation in advanced wound care products, and awareness programs for advanced wound care treatment and management. However, the high cost of advanced wound care products is thereby hampering the market growth.
The Middle East & Africa Advanced Wound Care Market Segments Share:
The Middle East & Africa Advanced Wound Care Market is categorised into a type which comprises dressings, therapy devices,
Middle East & Africa Advanced Wound Care Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
and active wound care. Among them, dressings segment is expected to hold the largest share because of the increasing incidence of target indications, such as diabetic ulcers, venous ulcers, and pressure ulcers. By Wound Type, the market is segmented into surgical wounds, ulcers, traumatic wounds, burns, and others. Among them, Surgical wounds segment is expected to hold the largest share due to the prevalence of pressure ulcers and venous leg ulcers in the geriatric population and increasing the demand for advanced wound care products By End User; the market is segmented into inpatient services and outpatient services. Among them, hospitals and clinics segment is estimated to account for the largest share due to increasing patient admissions for the treatment of chronic wounds, rising incidence of diabetes, and improving hospital infrastructure in developing countries. By Geography, Middle East is projected to dominate the market with the largest share due to the rapid growth of this region can be attributed to the introduction of the wound care diagnostics to identify pathogens and microorganisms.
The Middle East & Africa Advanced Wound
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Middle East & Africa Advanced Wound Care Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
Care Market
Trends:
- Smith & Nephew to pilot digital wound care solution in supporting life sciences sector deal.
- Braun Medical Inc. announced the launch of Prontosan Wound Gel X. It is the only wound gel available on the market that contains Betaine (surfactant).
The Middle East &
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