Business Description
Between 2020 and 2030, the advanced wound care market is expected to grow at a CAGR of 4%. The rising prevalence of type 1 diabetes has increased the need for diabetic ulcer care. More than 4.5 million diabetic pressure ulcer sufferers require treatment at this time. Furthermore, a large majority of individuals have venous ulcers. These rising rates of chronic wounds are expected to have a significant impact on the advanced wound care market. As a result, advanced wound care solutions are more readily available. Advanced wound care treatments are effective because they have features like keeping a consistent temperature around the area to allow for optimal oxygen flow. Furthermore, advanced wound care solutions help to prevent infection and remove dead tissue from the wound.