The EU5 Wound Care Product is expected to cater to the demand and provide the quality healthcare facilities needed by and beyond 2020. The need for rapid wound-healing has increased significantly in the recent years due to the rising prevalence of chronic and acute diseases. The EU5 Wound Care Product market is anticipated to show a single-digit growth rate during the forecasted period. Various wound care manufacturers in Brazil are planning to launch new advanced wound care products across the country by the end of 2018.Revenue growth in Brazil for the wound care product market is growing relatively less in comparison to many of the other regions. This trend is because traditional wound care products are mostly used in this region.
By product type, the market is segmented into surgical wound care, advanced wound care, and traditional wound care. The rising incidence of the chronic diseases like diabetes, ulcers, trauma, etc., is creating huge opportunities for the advanced wound care products.Brazil is expected to hold a significant market share in Latin America. The advent of advanced wound care products is expected to transform the healthcare facilities of this region. The hospitals and specialty care clinics have the largest market share by the end user segment in Brazil, whereas the home healthcare segment is growing fast because of the expanding applications of self-treatment at home.
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Key growth factors
o The rising awareness about the benefits of advanced wound care products will drive the market in this region.
o The problems associated with ineffective traditional wound therapeutic processes will also drive the market.
Threats and key players
o A major challenge that the EU5 Wound Care Product market will face is the technical assistance required for the use of advanced wound care devices.
o The key players in this market are Smith & Nephew, ConvaTec Plc., Acelity L.P. Inc., and Johnson & Johnson Pvt. Ltd.
What’s covered in the report?
o Overview of the EU5 Wound Care Product market
o The forecasted market size data for the EU5 Wound Care Product market
o The forecasted market size for the segments surgical wound care, advanced wound care, and traditional wound care
o The forecasted market size data for the wound care product market, based on application, i.e., chronic wound care, and acute wound care
o The forecasted market size data for the wound care product market, based on end user, i.e., hospitals and specialty wound care clinics, long-term care facilities, and home healthcare
o Market drivers and challenges of the EU5 Wound Care Product market
o Analysis of competitor profiles of major players operating in the market in 2017
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1. Get a broad understanding of the EU5 Wound Care Product market and its segments based on applications
2. Get region-specific drivers and challenges affecting the EU5 Wound Care Product market
3. Recognize significant competitors’ business and market dynamics, and respond accordingly
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