The India advanced wound care management market is estimated to be valued at US$ 281.35 million in 2022 and is expected to exhibit a CAGR of 5.1% over the forecast period 2022-2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Advanced wound care products provide a moist environment that supports the body's natural healing process. These include hydrocolloid dressings, alginate dressings, collagen dressings, hydrogel dressings, wound contact layers, foam dressings, and antimicrobial dressings. Rising incidence of diabetes and associated chronic wounds has increased the demand for advanced wound management products in India.
Regional analysis
India advanced wound care management market owing to presence of key players and rising awareness. Additionally, Western India region is expected to grow at fastest pace on account of growing geriatric population, increasing incidence of diabetes related wounds and improved accessibility to healthcare facilities.
Key players
Key players operating in the India Advanced Wound Care Management are Smith and Nephew Plc, Coloplast A/S, Johnson and Johnson, 3M, Convatec Group Plc, Cologenesis Healthcare Pvt Ltd, Mil laboratories Pvt Ltd, Essity AB, Eucare Pharmaceuticals Ltd. These players are focused on developing innovative and affordable wound care solutions to gain higher market share.
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