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(Medical-NewsWire.com, February 10, 2019 ) The China wound care product is expected to cater to the demand, and provide the quality healthcare facilities needed by and beyond 2020. The requirement for rapid wound-healing products has increased significantly in the recent years due to the rising prevalence of chronic and acute diseases. The China wound care product market is anticipated to show a single-digit growth rate during the forecasted period. Various wound care manufacturers in China are planning to launch new advanced wound care products across the country by the end of 2018.
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Revenue growth in China has been stronger than any of the other APAC countries. This trend has been driven primarily by increasing disposable income and also economic prosperity that is enabling the healthcare sector to expand.
The trend of diversification of resources and capabilities, and accommodating the expanding volume of patients are creating high growth opportunities for the APAC countries. In China, more than 9% of the population is expected to suffer from diabetes in 2018, rising from 8.6% in 2014.
China is expected to hold a significant market share because it is one of the first few countries to introduce new developed healing technologies for the wound care products. 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 based on the end user segment for China, 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 major growth factor for the China wound care product market is the increasing incidence of chronic and acute diseases like diabetes, ulcers, and obesity.
o The increasing geriatric population in China is also creating huge opportunities for the various wound care products.
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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: China 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: China wound care product market segmentation - by product type
3.1. China market share and size (USD Bn - 2017) - by product type (surgical wound care, advanced wound care, and traditional wound care)
3.2. China surgical wound care product market
- Market size (USD Bn) (2015, 2017, 2023)
- Drivers
- Challenges
3.3. China advanced wound care product market
- Market size (USD Bn) (2015, 2017, 2023)
- Drivers
- Challenges
3.4. China traditional wound care product market
- Market size (USD Bn) (2015, 2017, 2023)
- Drivers
- Challenges
Chapter 4: China wound care product market segmentation - by application
4.1. China market share and size (USD Bn - 2017) - by application (chronic wound care, and acute wound care)
4.2. China chronic wound care market
- Market size (USD Bn) (2015, 2017, 2023)
- Drivers
- Challenges
4.3. China acute wound care market
- Market size (USD Bn) (2015, 2017, 2023)
- Drivers
- Challenges
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