North America Market Forecast
The North America advanced wound care market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037. A strong healthcare infrastructure and an increase in surgical operations are anticipated to rise the market’s growth in the region. Thus, the adoption of advanced wound care treatments to stop surgical site infections is growing. The market is also expected to be driven by an increase in the frequency of incidents such as traffic accidents, burns, and trauma events worldwide. Additionally, rising disposable income to spend on facial corrections and growing awareness among people regarding advanced wound care management devices are estimated to propel the market’s growth during the forecast period. In 2019, about a 2% increase is observed in per capita disposable income in the North America region, as per the estimations. Furthermore, the expansion of the global advanced wound care market in this region is being aided by the rising number of acquisitions made by renowned businesses based in North America. The growth is also supported by demographic shifts, rising patient awareness, and a highly developed market for wound care products.
Author Credits: Radhika Pawar
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