U.S. Wound Care Centers Market - Industry Analysis, Size, Trends, Growth, and Forecast 2019 - 2029
U.S. Wound Care Centers Market: Snapshot
The U. S. wound care centers market was initially evaluated at US$ 13.2 billion in the base year of the study i.e. 2020. The research report predicts that the U. S. wound care centers market will record a steady growth rate of 4.3 % during the forecast period of 2021 to 2028.
Furthermore, it also projects that the U. S. wound care centers market will expand to hit the final evaluation of US$ 18.1 billion by the end of the forecast period in 2028.
The growing prevalence of various chronic health conditions in global geriatric population as well as the increase in the demand for effective outpatient services are anticipated to favour the growing demand for wound care centers market in the United States.
Some other major revenue generation opportunities in the U.S. wound care centers market include rising trend of adopting new and modern medical and healthcare technologies such as hyperbaric oxygen therapy for the treatment of chronic injuries that are non-healing in the nature.
Furthermore, the leading players in the U.S. wound care centers market offer various treatment therapeutics, including negative pressure wound therapy, hyperbaric oxygen therapy, debridement, and compression therapy, among others.
U.S. Wound Care Centers Market: Overview
Wounds are defined as any external breakage in the continuity of the skin due to trauma or internal inflammation. Wound care centers are specifically set up to cater to care of non healing wounds. Such wounds result from either repeated trauma to the skin or from excess inflammation in the body that prevents complete healing of wounds. Since any opening in the skin is prone to infection, it becomes necessary to care for such wounds aggressively. This is why dedicated centers are setup for this purpose.
In the United States population is ageing at an alarming rate, as per TMRR. Increasing age predisposes to chronic conditions which prevent the healing of common wounds. Also, the potential for spontaneous healing decreases with age. An increase in the incidence of diabetes among other chronic conditions is especially worrisome as this disease specifically results in non healing wounds. Healthcare spending is increasing in this region as people demand better living conditions from their capitalist government. Hence the wound care centers market is set to witness steady growth from 2019 to 2029.
U.S. Wound Care Centers Market: Competitive Landscape
A number of service providers are listed in this market in the United States. This makes the regional market scenario fragmented. Some of the prominent players in the U.S. wound care centers market include:
These service providers realize the potential their market holds for the future and are willing to capitalize on this. Acquisition of smaller service facilities and increasing outreach to the population by awareness programs are among few strategies they are bound to adopt for a steady supply.
U.S. Wound Care Centers Market: Key Trends and Drivers
U.S. Wound Care Centers Market: Regional Analysis
Among locations in the United States of America, the states of Florida and California are expected to register the fastest growth in the wound care centers market. This can be attributed to the presence of tropical conditions in these regions coupled with a large geriatric population that is dependent on state healthcare machinery for their daily needs. Diabetes too is quite prevalent in these areas which further accentuate demand for this market.
By Procedure Outlook
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