Wound Management Devices Market to Reach $18.81 Bn, Globally, by 2026 at 4.3% CAGR: Allied Market Research

Portland, OR, June 02, 2020 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global wound management devices industry was estimated at $13.39 billion in 2018, and is projected to hit $18.81 billion by 2026, registering a CAGR of 4.3% from 2019 to 2026. The report offers an extensive analysis of the changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios.Increase in geriatric population, rise in diabetic population, and surge in the number of surgeries drive the growth of the global wound management devices market. Alternatively,higher costs of wound care and management and reluctance in adoption of wound care devices hamper the growth of the market. Nevertheless, preference for advanced wound care devices is expected to create lucrative opportunities in the near future.Request Sample Report at: 19 scenario-Due to the global pandemic, the medical devices manufacturers are focusing on essential medical devices production including ventilators and diagnostics.
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