Summary - A Global Wound Dressing Powder Market and Regional Forecasts 2020-2027-” has been featured on WiseGuyReports.
Global Wound Dressing Powder Market is valued approximately at USD XXX billion in 2019 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2020-2027. Wound Dressing Powder is a non-prescription topical powder. The constituents of the powder are hydrophilic polymer and potassium ferrate.
The powder is applied in combination with manual pressure to the wound so it quickly forms a strong scab that completely covers the wound and stops the bleeding. The major use of these wound dressing powder is in case of accidents and injuries. The rising number of Road traffic injuries drives the market growth. As per World Health Organization report of 2019, every year 1.35 million people die on roadways around the globe. Also, Road traffic injuries are estimated to be the 8th leading cause of death across the globe. Also, increasing first-aid kit awareness and utilization of these dressing powder in those first aid kits drives the market growth. These wound dressing powders are used after surgeries to enhance the skin healing process. Thus, the rising number of surgeries also aids the market growth. More than 200 million surgeries are performed worldwide every year in hospitals, according to CDC and The National Center for Health Statistics. However, availability of alternative products impedes the growth of the market over the forecast period of 2020-2027.
The regional analysis of global Wound Dressing Powder market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the growing consumer awareness and rise in number of surgeries. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising population along with rising elderly population would create lucrative growth prospects for the Wound Dressing Powder market across Asia-Pacific region.
Major market player included in this report are:
Acme United Corporation
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Wound Dressing Powder Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
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