Rising Diabetic Population and Incline in Incidence and Prevalence of Acute and Chronic Wounds to Aid in India Wound Care Market Growth: Ken Research

Both chronic and acute wounds cases have inclined by 3-4% annually in the last five years. The prevalence rate of chronic wounds in India stood at 4.5 per 1,000 population and incidence rate of acute wounds was more than double at 10.5 per 1,000 people as of FY’2016. Incidence and prevalence of both acute and chronic wounds are likely to incline in the near future by 4-5% annually.

India is the diabetes capital in the world with 74.4 million diabetic patients in 2016. Prevalence of diabetes in Indians was recorded at 2.4% in rural areas and 12-17% in urban population. The prevalence of foot ulcers in diabetic patients was recorded at a staggering 3%, with recurrence rate of diabetic foot ulcers as high as 66% in 2016. This presents huge opportunity for advanced wound care products which provide much needed relief in treatment of moist wounds, especially when the number of diabetic patients is anticipated to double by 2030. Wound Care Market, Wound Management Market Share ,Market Size Traditional wound Care Market, Market Growth Wound Care Advanced Wound Care Market Trends, Market Research Report Wound Care, Johnson and Johnson Market Share ,Wound Care Products Market Segmentation, Advanced wound care Industry, Bioactive Wound Care Market Analysis, Collagen Dressing Wound Care Products Market, Asia Wound Management Market.

The National Programme for Prevention of Burn Injuries was setup in 2011 as a pilot project. The goal is to ensure prevention of burns and capacity building of infrastructure and manpower at different levels of health care delivery system. The programme aims to provide timely and adequate treatment to burn patients and reduce mortality, complications along with providing effective rehabilitation to the survivors. The programme was launched in the current Five Year Plan (2012-2017) in Medical colleges and their adjoining district hospitals in few states.

Owing to perception of high cost-low benefit for advanced wound care products, the use of traditional products has been rampant in the country. However, traditional wound care products are gradually being replaced by advanced wound care products due to their efficacy and usefulness in managing wounds by enabling faster healing. Advanced wound care is practiced mostly in large private or public healthcare centers wherein patients can afford to pay for the high cost advanced wound care materials. The advanced wound care market in India still needs to make significant strides before it can overtake the huge traditional wound care market, as in developed countries.

The wound care market in India is quite a fragmented one characterized by the presence of several manufacturers and fierce competition existing between them. Companies such as Johnson and Johnson, Smith & Nephew and Datt Mediproducts had strong distribution systems and promotion strategies that enabled them to stay ahead in this sector.

Topics Covered in The report

  • Wound Care Market,
  • Wound Management Market Share ,
  • Market Growth Wound Care,
  • Advanced Wound Care Market Trends,
  • Market Developments Collagen,
  • Market Research Report Wound Care,
  • Johnson and Johnson Market Share ,
  • Smith and Nephew Competition India,
  • Wound Care Products Market Segmentation,
  • Tapes and Bandages Market Size,
  • Disinfectants Market in India,
  • Advanced wound care Industry,
  • Wound Care Markets Skin Ulcer Treatment Burn Treatment,
  • Bioactive Wound Care Market Analysis,
  • Collagen Dressing Wound Care Products Market,
  • Asia Wound Management Market,
  • Wound Care Market Size,
  • Wound Care Market Share,
  • Wound Care Market Trends and Forecasts,

The report titled “India Wound Care Market Outlook to 2022 – Rising Medical Surgeries and Increase in Incidence of Acute and Chronic Wounds to Foster Future Growth” by Ken Research suggested the wound care market is anticipated to grow at a CAGR of 20.3% during the period FY’2017-FY’2022.

To know more about the research report:

https://www.kenresearch.com/healthcare/general-healthcare/india-wound-care-market/128724-91.html

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

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