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Wound Management Forecast 2016 to 2026

The global annual market for products used in wound management is currently a behemoth of $20.2 billion. The wound management forecast to 2026 shows the global market hitting $38 billion as it grows in response to strong wound care demand.

The market is driven by inescapable demographics — an aging population, with dramatically increasing prevalence of obesity and diabetes leading to growth in…

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Country and Regional Variability in Growth of Wound Management Sales

As illustrated in a previous post, wound management products are a spectrum from the simple to the complex:

Source: MedMarket Diligence Report #S254.

Generally, the longer the product has been around (e.g., gauze), the less complex it is compared to emerging technologies…

…BUT simpler is easy to adopt and, with well established sales, growth on a percentage basis will be low (see area in red).

G…

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