FORT WORTH, Texas, June 5, 2015 /PRNewswire/ --
The North American therapy wound care market is expected to reach $3,532.0 million by 2019, at a CAGR of 6.9% between 2014 and 2019.
Browse through the TOC of the North American therapy wound care market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the North American therapy wound care market, and is supported by various tables and figures.
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The demand for different types of therapies to treat the chronic wounds has continued to remain robust across the globe. The constant rise in the aging population along with the prevalence of the resultant comorbidities of diabetes and venous insufficiency have caused an increase in the number of patients suffering from non-healing wounds, which in turn is making therapy wound care more popular. The advent of new technologies that heal chronic wounds in lesser time and are cost-efficient are also fostering the growth of the North American therapy wound care devices market.
The North American therapy wound care devices market is driven by factors, such as, rising incidences of chronic wounds, better government initiatives, and technological advancements taking place in the North American region. On contrary, the high cost of technologically advanced wound care products is one of the factors restraining the growth of this market.
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The North American therapy wound care devices market has been segmented by type, end-user, and geography. On the basis of geography, the North American therapy wound care devices market is segmented into the U.S., Canada, and Mexico.
This report includes the market share and market metrics, such as, drivers, restraints, and the upcoming opportunities in the North American therapy wound care devices market. In addition, it presents a competitive landscape and company profiles of the key players in the North American therapy wound care devices market. Some of the companies profiled in this report are Kinetic Concepts, Inc. (U.S.), Smith & Nephew, plc (U.K.), Hill-Rom Holdings, Inc. (U.S.), ArjoHuntleigh (Sweden), Medela, Inc. (U.S.), ConvaTec, Inc. (U.S.), and others.
The European Therapy Devices Wound Care Market is mainly driven by competitive pricing from players and the ability to treat chronic and acute wounds. This market was valued at $ 762 million in 2013 and is expected to reach $978 million by 2018, at a CAGR of 5.3%. The Therapy devices market is the second largest segment of $4.4 billion global wound care market.
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