The global pressure ulcer treatment market size stood at USD 6.69 billion in 2018 and is projected to reach USD 11.23 billion by 2026, exhibiting a CAGR of 6.7% during the forecast period.
The Pressure Ulcer Treatment Market report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the The Pressure Ulcer Treatment Market by region.
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Pressure ulcer is one of the costliest and physically debilitating complications in the 20th century. Various factors such as advancing age, sedentary lifestyle, mobility problems, and various health conditions have been responsible for increasing the prevalence of pressure ulcers. According to an article published by NCBI, a prevalence of 12.7% in Brazil, 10.4% in Turkey, and 16% in Ethiopia were reported for pressure ulcers in 2018. These trends are presenting a large patient pool seeking treatment. This, along with the increasing awareness among the patient population about the availability of treatment and rise in healthcare expenditure, especially in the emerging countries are anticipated to further augment the global market growth during the forecast period.
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Pre-Post COVID-19 Impact on Global Pressure Ulcer Treatment Market
COVID-19 is an infectious disease caused by the most recently discovered novel corona virus. Largely unknown before the outbreak began in Wuhan (China) in December 2019, COVID-19 has moved from a regional crisis to a global pandemic in just a matter of a few weeks.
In addition, production and supply chain delays were also witnessed during the second quarter which poised a challenge to the Pressure Ulcer Treatment Market, since end-user industries were still not operating at their full capacity.
Who are the Major Pressure Ulcer Treatment Market Vendors?
- Mölnlycke Health Care AB.
- ConvaTec Group Plc
- B. Braun Melsungen AG
- Coloplast Corp
- Smith & Nephew
- Integra LifeSciences Corporation.
- Cardinal Health.
- Tissue Regenix
- Other prominent players
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This research study made extensive use of secondary sources, directories, and databases such as Hoover’s, Bloomberg BusinessWeek, Factiva, and OneSource to identify and collect information useful for a technical, market-oriented, and commercial study of the global market. Other secondary sources included company annual reports, press releases, and investor presentations, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.
Various sources from both the supply and demand sides were interviewed during the primary research process to obtain qualitative and quantitative information for this report. Primary sources included industry experts from the core and related industries, as well as preferred suppliers, manufacturers, distributors, technology developers, researchers, and organizations from all segments of the value chain of this industry. To obtain and verify critical qualitative and quantitative information, in-depth interviews were conducted with a variety of primary respondents, including key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants.
Estimation of Market Size
The total size of the Pressure Ulcer Treatment Market was estimated and validated using both top-down and bottom-up approaches. These methods were also widely used to estimate the size of various market sub segments. The following research methodologies were used to estimate market size:
Extensive secondary research was used to identify the industry’s key players.
The revenues generated by the market’s leading players in molecular diagnostics have been determined through primary and secondary research.
All percentage shares, splits, and breakdowns were calculated using secondary sources and confirmed using primary sources.
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|North America||United States, Canada and Mexico|
|Europe||Germany, UK, France, Italy, Russia and Turkey etc.|
|Asia-Pacific||China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam etc.|
|South America||Brazil, Argentina, Columbia etc.|
|Middle East & Africa||Saudi Arabia, UAE, Egypt, Nigeria and South Africa|
- How big is the Pressure Ulcer Treatment Market?
- What is Pressure Ulcer Treatment Market?
- Who is the market leader in Pressure Ulcer Treatment Market?
- Who are the major players in Pressure Ulcer Treatment Market?
- What is the future of Pressure Ulcer Treatment Market?
- What are the fastest growing industries?
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