Rockville, MD (PRWEB) January 15, 2014 -- Traditional Wound Management Market to 2019 - Cost Sensitivity Spurs Adoption in Emerging Markets, as Uptake of Advanced Wound Management Products Limits Growth in Developed Economies
GBI Research’s report Traditional Wound Management Market to 2019 - Cost Sensitivity Spurs Adoption in Emerging Markets, as Uptake of Advanced Wound Management Products Limits Growth in Developed Economies looks at the market, key market players, and market dynamics for the global traditional wound management market. It provides a synopsis of the various factors influencing the market and its segments – bandages, gauzes and sponges. The report also gives company descriptions, lists the key marketed products for major market players and details of important M&A deals. It is built using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis by GBI Research’s team of industry experts.
The global market for traditional wound management was valued at $1.6 billion in 2012, and is forecast to reach $1.9 billion by 2019, at a Compound Annual Growth Rate (CAGR) of 2.1%. Future growth of traditional wound management is expected to be subdued, due to increasing preference for advanced wound management techniques, particularly in developed economies such as the US and Europe. Given that traditional wound management is still widely perceived to be a cost-effective alternative to advanced therapies, the latter is actually proving to be significantly economical in terms of overall treatment costs. However, traditional wound management continues to be the primary mode of treatment in developing economies such as India and China, where there is limited accessibility and minimal insurance coverage to support the use of advanced wound management techniques. Traditional wound management lacks innovative products that help in faster wound healing, patient comfort and economic benefits. However, lack of awareness in developing economies of the importance of advanced wound management will help sustain the projected moderate growth of traditional wound management.
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Traditional Wound Management Market to 2019 - Cost Sensitivity Spurs Adoption in Emerging Markets, as Uptake of Advanced Wound Management Products Limits Growth in Developed Economies
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Traditional Wound Management Market to 2019 - Cost Sensitivity Spurs Adoption in Emerging Markets, as Uptake of Advanced Wound Management Products Limits Growth in Developed Economies - Table of Contents:
1 Table of Contents
2 Introduction
3 Global Traditional Wound Management Market, Device Overview
3.1 Bandages
3.2 Gauzes
3.3 Sponges
4 Global Traditional Wound Management Market, Market Characterization
5 Global Traditional Wound Management Market, Country-Specific Revenue (2005-2019)
6 Global Traditional Wound Management Market, Reimbursement Systems
7 Global Traditional Wound Management Market, Distribution Systems
8 Global Traditional Wound Management Market, Company Profiles
9 Global Traditional Wound Management Market, Consolidation Landscape
Hae Lee, marketresearch.com, http://www.marketresearch.com/, 240-747-3062, [email protected]
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