Wound Dressing Market - Regional Insights
On the basis of region, the global wound dressing market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to hold dominant position in the global wound dressing market over the forecast period, owing to increasing product launches of wound dressing equipment, rising prevalence of chronic wounds, and strategic partnership between key players. For instance, in April 2017, ConvaTec Group Plc. launched Foam Lite ConvaTec dressing in the U.S. for the treatment of acute and chronic wounds.
Furthermore, Europe market is expected to exhibit growth over the forecast period, owing to rising prevalence of burn cases in Europe. This will increase demand for its treatment in this region, which in turn is expected to drive growth of the market. For instance, according to the National Center for Biotechnology Information 2015 report, in Europe, 50% of the patients were hospitalized due to severe burns in 2015.
Geographies Covered: North America, Latin America, Europe, Asia Pacific, Middle East, and Africa
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