Advanced Wound Therapy Devices Market Insights, Demand, Opportunities, Top Key Players and Forecast to 2030
Advanced Wound Therapy Devices Market Advanced Wound Therapy Devices Market Size is projected to reach USD 11465.09 Million by 2030 at 3.8% CAGR during the forecast period 2022-2030. Increasing incidence of diabetes is the primary driver of the market. Patients with diabetes have a slower healing rate and poor blood circulation which can negatively affect the immunity system. According to the Centers for Disease Control & Prevention (CDC), nearly 30.3 million in the U.S. suffer from diabetes. The advanced wound therapy devices market can expand by capitalizing on this trend and offering precise solutions. The growing numbers of the geriatric populace will be highly beneficial to the market. This is buttressed by the estimation by the World Health Organization (WHO) which pegs the elderly populace at 1.2 billion by 2025. Furthermore, development of novel products and rapid approval by regulatory bodies is projected to propel the advanced wound therapy devices market. For in...