United States Wound Care Market Report 2023-2028 - Demand for Advanced Wound Care Segment Remains High and Forecast to Drive Incremental Growth of Over One Billion USD - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "US Wound Care Market - Focused Insights 2023-2028" report has been added to ResearchAndMarkets.com's offering.

The US wound care market is projected to experience substantial growth, increasing from $12.5 billion to $17.4 billion USD at a CAGR of 5.7% between 2022 and 2028.

This growth is attributed to the rising adoption of advanced wound care products, driven by better reimbursement options and constant product launches from key vendors aiming to gain market share.

The report sheds light on the economic burden of wound care in the US, estimated at approximately $20 billion. In response to this challenge, healthcare bodies are implementing various strategies and regulations to reduce the economic burden and foster the adoption of advanced wound care products for faster recovery and reduced re-admissions. Furthermore, the increasing target population, especially among the elderly, is one of the key factors propelling the market's expansion.

Key Highlights from the Report:

• The demand for advanced wound care segments is high and expected to drive incremental growth of over one billion USD.
• Hospitals and wound care clinics represent major end-users of wound care products, constituting a significant market share.
• The US houses 2,200 wound care specialty clinics, with 2000 of them being associated with hospitals, indicating a positive trend in the US wound care market.
• The Centers for Disease Control and Prevention predicts that 46% of people over the age of 65 will experience at least one pressure ulcer in their life, contributing to an expanding target population for wound care products.
• Home healthcare settings require comprehensive care, making them suitable for treating complex wound cases due to the availability of skilled healthcare staff.
• Around 2% of the US population, equivalent to approximately 6.5 million people, are affected by chronic wounds, with prevalence being higher among the elderly.

The report provides a comprehensive vendor list, including key vendors such as Johnson & Johnson, 3M, and Medtronic, alongside other prominent players in the US wound care market including:

• Acell
• Aedicell
• Allosource
• Amrex Healthcare
• Aoti
• Baxter
• B.Braun
• Conmed
• Cork medical
• Cryolife
• Deroyal
• Hollister
• Integra Lifesciences
• Intuitive Surgicals
• Medline
• Mimedx
• MPM Medical
• MTF Biologics
• Monlnycke
• Organogenesis
• Smith + Nephew

Report Segmentation and Forecast

• Product
• Advanced Wound care
• Sutures & Stapling Device
• Traditional Wound Care Products
• Haemostat & Surgical Sealants
• End-User
• Hospitals
• Long-Term Care facilities
• Home Healthcare
• Others
• Wound Type
• Acute Wound
• Chronic Wound

For more information about this report visit https://www.researchandmarkets.com/r/z5jewc

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