The Latin America, Middle East and Africa Wound Management Devices Market would witness market growth of 8.2% CAGR during the forecast period (2020-2026).
Expanding interest for anti-infective dressings, for example, plant-based sterile dressings and iodine-based dressings for the treatment of chronic injuries and related skin ulcers is trending in the market. The anti-infective dressings are sub-portion of traditional injury dressings. The wound care products that are formed from plant materials are films, hydro fiber, hydrocolloids, collagen, alginates, and foams. These products hold anti-microbial properties that produce less irritation on the skin and hence shorten the healing time compared to basic wound care products.
Many organizations are introducing wound care devices or equipment in the market to prevent wound infections and promote wound healing. These industries comprise the production of traditional adhesive dressing and traditional gauze dressings that are used for the treatment of wound infections. These companies also include the manufacturing of negative-pressure wound therapy devices that uses the NPWT technique to facilitate chronic wound healing and even manufacture some advanced wound care devices.
As the number of the elderly population is increasing, it is anticipated that the population who are more prone to chronic diseases like diabetes are expected to experience diabetic foot ulcers in the coming time that may show a positive impact on the market. Therefore, an increase in diabetic patients is anticipated to drive the growth of the wound care management devices over the forecast period.
Based on Product, the market is segmented into Therapy Devices, Wound closure Devices and Other Products. Based on Application, the market is segmented into Burns, Pressure Ulcers, Diabetic Foot Ulcers, Surgical Wounds and Other Applications. Based on End User, the market is segmented into Clinics, Hospitals and Other End User. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Baxter International, Inc., Coloplast Group, ConvaTec Group PLC, Integra LifeSciences Holdings Corporation (Derma Sciences, Inc.), Johnson and Johnson, 3M Company, Medtronic PLC, Smith & Nephew PLC, Hollister, Inc., and Molnlycke Health Care AB.
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Summary Celleration, Inc. (Celleration), a subsidiary of Alliqua BioMedical, Inc. is a medical device company that commercializes and develops therapeutic ultrasound platform. The company offers medical products for wound care markets. Its MIST therapy is a noncontact, painless, and low frequency ultrasound delivered through...
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