The Wound Care Management Devices Market size in North America was worth USD 6.60 billion in 2022 and estimated to be growing at a CAGR of 3.1%, to worth USD 7.69 billion by 2027.
North America presently dominates the market for wound care management devices and is estimated to sustain its stronghold for a few more years. Numerous players in this market are trying to enlarge their product portfolio to top the global market. As few companies enter the market by acquisitions, top companies are increasing their growth in this market by acquiring other companies. Few companies adopted product improvement and new product launches as their main business strategy to certify their dominance in this market.
An increase in chronic wounds and ulcers, rising incidence of diabetes, aging population, increasing awareness about new technologies for wound care, and government support in the funding drive the growth of the wound care market.
The high cost of technically superior products for wound care and lack of proper refund policies are the main challenges faced by the wound care management device market.
This research report on the North America Wound Care Management Devices Market has been segmented & sub-segmented into the below categories:
By Type of Wound:
By End User:
Based on geography, the USA leads the wound care management devices market, followed by Canada.
Companies playing a promising role in the North American wound care management devices market are Coloplast A/S, Baxter International Inc., Hollister Inc., Mölnlycke Health Care, 3M Company, Covidien PLC, Ethicon Inc., Derma Sciences Inc., Convatec Healthcare B.S.A.R.L, Acelity L.P/, and Smith & Nephew.
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