Wound Care Market To Witness A Significant Growth Of USD 536.75 Billion By 2030
San Francisco, 16 Jan 2024: The Report Wound Care Market Size, Share & Trends Analysis Report By Application (Chronic, Acute), By End-use (Hospitals, Nursing Homes), By Product (Advanced, Traditional), By Distribution Channel, By Mode of Purchase, And Segment Forecasts, 2024 - 2030 The global wound care market size is projected to reach USD 29.57 billion by 2030, registering a CAGR of 4.17% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising volume of surgical procedures, a rapidly aging population, as well as growing number of diabetic patients, are among the major factors driving market’s growth. For instance, according to Ageing Asia, as of 2019, more than 139 million people, i.e., about 10% of India’s total population, were aged over 60 years. This number is expected to increase to 19.5% by 2050. The geriatric population is more susceptible to wounds, and thus, with an increasing geriatric population, the market is anticipated to expand during