According to a Future Market Insights report, the North America traditional wound management market dominated by US is estimated to reach a market value of US$ 1,792 Mn by the year 2026. In spite of the availability of products for convenient and advanced wound healing, a large number of North America healthcare professionals have started adopting traditional wound management products due to their cost-effectiveness and the benefit of clear reimbursement policies available for these products in countries like the US.
Geographically, US is leading the global traditional wound care market, due to rise in geriatric population and increasing occurrences of chronic diseases such as ulcer. Some of the other key drivers impacting the growth of the traditional wound care market changing lifestyles of people, increasing expenses in healthcare, and growing awareness about new wound care technologies.
Moreover, rise in the quantum of surgeries, growing instances of infections acquired in hospitals, and rising initiatives by the government are also fuelling the growth of US traditional would management market. However, easily available technologically advanced products for advanced wound care products and their increasing popularity among US consumers are some of the factors that are restricting the growth of the wound care market.
Traditional wound management product sales have been quite strong in the US in the last few years, and North America is likely to be the most profitable market. In terms of value, US is likely to project its dominance in the traditional wound management market in 2016, and is estimated account for largest revenue share by the end of 2016.
To know more about the traditional wound management market in US and to read about the performance of the US traditional wound management market, avail a sample of the report at http://www.futuremarketinsights.com/reports/sample/rep-gb-857
This post has been seen 153 times.