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(Medical-NewsWire.com, February 10, 2019 ) India Wound Care Product Market
The India 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 India wound care product market is anticipated to show a single-digit growth rate during the forecasted period. Various wound care manufacturers in India are planning to launch new advanced wound care products across the country by the end of 2018.
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Revenue growth in India for the wound care product market is at a considerable rate. This trend has been driven primarily by increasing disposable income and also rising healthcare expenditure by patients.
By product type, the market is segmented into surgical wound care, advanced wound care, and traditional wound care. The rising incidence of chronic diseases like diabetes, ulcers, trauma, etc., is creating huge opportunities for the advanced wound care products.
India is expected to hold a significant market share because it is one of the first few countries to introduce new developed healing technologies for wound care products. The advent of advanced wound care products is expected to transform the healthcare facilities in this region.
The hospitals and specialty care clinics have the largest market share based on the end user segment for India, 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 increasing geriatric population in India is also creating huge opportunities for the various wound care products.
o The rising awareness about the benefits of advanced wound care products also drives the market in this region.
o Threats and key players
o A major challenge that the India wound care product market will face is price sensitivity.
o The key players in this market are Smith & Nephew, Acelity L.P. Inc., 3M, and Johnson & Johnson Pvt. Ltd.
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Table Of Content
Chapter 1: Executive summary
1.1 Market scope and segmentation
1.2 Key questions answered in this study
1.3 Executive summary
Chapter 2: India wound care product market - Overview
2.1. Historical (2015-2017) wound care product market revenue (USD Bn)
2.2. Forecasted (2018-2023) wound care product market revenue (USD Bn)
2.3. Drivers
2.4. Challenges
2.5. Trends
Chapter 3: India wound care product market segmentation - by product type
3.1. India market share and size (USD Bn - 2017) - by product type (surgical wound care, advanced wound care, and traditional wound care)
3.2. India surgical wound care product market
- Market size (USD Bn) (2015, 2017, 2023)
- Drivers
- Challenges
3.3. India advanced wound care product market
- Market size (USD Bn) (2015, 2017, 2023)
- Drivers
- Challenges
3.4. India traditional wound care product market
- Market size (USD Bn) (2015, 2017, 2023)
- Drivers
- Challenges
Chapter 4: India wound care product market segmentation - by application
4.1. India market share and size (USD Bn - 2017) - by application (chronic wound care, and acute wound care)
4.2. India chronic wound care market
.......
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