Chronic Wound Care Market Regional Analysis:
APAC Market Insights
The Asia Pacific region is anticipated to witness the fastest growth in the upcoming years, backed by the rising number of diabetic patients along with the rapidly increasing elderly population. Moreover, there has been a surge in healthcare expenditure that is further expected to boost the market’s growth in the region.
North American Market Insights
North America region is projected to account for more than 38.1% market share by 2035, attributed to a large chronic wound patient pool, high prevalence of diabetic foot ulcers, and supportive reimbursement policies. For instance, in 2019, approximately 8 to 13 million people were affected by chronic wounds in the United States. Moreover, there has been a surge in the number of sports related injuries in countries such as the U.S., that is expected to drive the market’s growth in the region.
