Wrapped up: Aging consumers and rising health insurance coverage are expected to boost revenue
Wound Care Product Manufacturing Operators in the Wound Care Product Manufacturing industry manufacture products that protect injured parts of the body. Industry performance relies heavily on the healthcare sector, which has experienced strong growth over the past five years; increasing public health expenditure and private health coverage have made medical services more accessible to US consumers. The 2010 implementation of the Patient Protection and Affordable Care Act has supported this growth over the past five years and is expected to continue to do so over the five years to 2024. Public and private healthcare coverage has already been extended to millions of previously uninsured Americans as a result of this legislation, expanding the pool of industry customers. Over the next five years, industry growth is expected to remain strong as increased private health coverage and an aging US population precipitate demand for industry products.
This industry manufactures products that protect injured parts of the body and restore the continuity of surfaces of the body.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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