Wound Care Centers Market Analysis with Expected Growth during Forecast Period 2026

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Wound Care Centers Market Analysis, Size, Growth, Share, Trend, Outlook & Forecast to 2025

The global wound care centers market size is expected to reach USD 49.4 billion by 2026, expanding at a CAGR of 4.5%, according to a new report by Grand View Research, Inc. Growing prevalence of diabetic ulcers on a global scale, along with rising number of sports related injuries, is expected to drive the market over the forecast period. In addition, growing awareness regarding the use of modernized wound care products is propelling the market. Increasing number of road accidents is also anticipated to augment market demand. According to the Global Status Report on Road Safety 2018, approximately 1.35 million individuals die in road accidents every year. Road mishaps is the 8th leading cause of death for individuals across all ages. This number is expected to grow three times higher in low-income economies as compared to high-income economies. Significant cost of wound care management is hampering the growth of the market. Wound care comprises direct healthcare cost, cost of actual dressing, and cost of applying the dressing or treating systemic infections, if any. Moreover, use of other medications in healthcare centers contributes to wound care. Hence, all these factors are anticipated to result in a higher price for patients. Browse Details of Market Report @ https://www.grandviewresearch.com/industryanalysis/wound-care-centers-market


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