The global wound care market is expected to grow at a CAGR of over 6% during 2020-2024, according to the latest market research report by Technavio. The report provides a detailed analysis on the impact and new opportunities created by the COVID-19 pandemic. The report also helps clients keep up with new product launches in direct & indirect COVID-19 related markets.
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Technavio has announced its latest market research report titled Global Animal Wound Care Market 2020-2024 (Graphic: Business Wire)
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The number of pet owners is increasing across the world, both in developed as well as developing regions. Also, the recognition of pets as family members has increased the demand for better healthcare services for companion animals. In addition, factors such as rising disposable income and advances in veterinary therapeutics are fueling the growth of the global animal wound care market.
Wound Care Market: COVID-19 Impact Analysis on Related Markets
Global Moist Wound Dressings Market 2020-2024
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Global Negative Pressure Wound Therapy Market 2020-2024
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Global Wound Therapy Devices Market 2020-2024
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Wound Care Market: COVID-19 Impact Analysis on Parent Market
The global health care supplies market is the parent market of the wound care market. Within its scope, the health care supplies market covers manufacturers of medical products, including all categories of supplies such as consumables and disposables like safety needles, syringes, and catheters. Our report on the wound care market offers a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as analysis on several large and small vendors active in the market including Pinnacle Transplant, Osiris, Molyncke Health Care, Soluble Systems, Applied Biologics, and Skye Medical.
Technavio’s research report on the wound care market identifies the key drivers, trends, challenges, and the market scenario over the forecast period. The report also analyzes the impact of these factors on the overall health care supplies market.
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Wound Care Market: Segmentation Analysis
The global wound care market has been analyzed across various segments to identify market dynamics, developments, and key growth areas during the forecast period. The report also offers insights on high growth regions and opportunities for vendors operating in each sub-segment of the wound care market. The market is segmented as follows:
Consumables and disposables
Nutritional and pharmaceutical solutions
Empty syringes and needles
Catheters, bandages, dressings, and similar products
Asia Pacific (APAC)
Rest of the world (RoW)
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Technavio’s industry coverage utilizes various sources and tools to gather information about multiple stakeholders and their offerings toward the wound care market. Sources such as company websites, annual reports, whitepapers, subscription & in-house databases, industry journals, publications, and magazines are used in addition to other relevant sources. The vendor landscape provides a framework to estimate the health care supplies market, while also categorizing the vendors into pure-play, category-focused, or diversified based on their offerings. All market reports provide the key and contributing players across the value chain based on in-house influence index, developed using multiple industry and market parameters.
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