Experts predict officials will set the cap at £3,576 per year for the average household
Dublin, Aug. 11, 2022 (GLOBE NEWSWIRE) -- The "Advanced Wound Care Market Size, Share, Trends, By Product, By Wound Type By End-use, and By Region Forecast to 2030" report has been added to ResearchAndMarkets.com's offering. The global advanced wound care market size is expected to reach USD 16.85 Billion in 2030 and register a revenue CAGR of 6.7% over the forecast period.
Increasing prevalence of diabetes and pressure ulcers is expected to be one of the major drivers for advanced wound care market growth.
The major factor driving the growth of the market is rising incidences of acute diseases and trauma cases. According to National Institutes of Health, in 2017, there were 29.1 million visits to emergency departments for injuries in the United States. Moreover, increasing number of surgical procedures and growing geriatric population are also expected to support the growth of the market. However, reimbursement issues related to advanced wound care products and high cost of treatment are anticipated to restraint the market growth during the forecast period. Some Key Highlights from the Report
The infection management segment held a significant revenue share in the advanced wound care market in 2021, and this trend is expected to continue during the forecast period. This can be ascribed to the increasing number of surgical site infections (SSIs). According to an article published by the National Institutes of Health (NIH) in 2015, SSIs are among the most common complications associated with surgeries. The incidence of SSIs is especially high in lower-risk procedures, such as hernia repair and knee replacement.
As per the findings of a study published in The Lancet Infectious Diseases in 2016, the global SSI rate was 4.6% in 2012. Moreover, the Centers for Disease Control and Prevention (CDC) estimates that SSIs account for 20% of all hospital-acquired infections in the U.S.
The rising number of surgical site infections is expected to drive the demand for advanced wound care products, such as antimicrobial dressings and negative pressure wound therapy (NPWT) devices, over the forecast period.
Chronic wounds are persistent injuries that take a significant amount of time to heal. The global advanced wound care market is primarily driven by the rising prevalence of chronic wounds, which has been increasing at a rapid pace over the last decade. According to a study published in 2016 by the Wound Care Society, nearly 6.5 million people suffer from chronic wounds in the U.S., which is expected to increase to 7.2 million by 2025.
North America is expected to grow at the highest CAGR during the forecast period. The large share of this region can be attributed to the high incidence of diabetes and other chronic wounds, the growing geriatric population, and the increasing prevalence of obesity.
For this report, the publisher has segmented the global advanced wound care market based on product, wound type, end-use, and region: Product Outlook (Revenue, USD Billion; 2019-2030)
Wound Assessment and Monitoring Devices
Wound Type Outlook (Revenue, USD Billion; 2019-2030)
End-use Outlook (Revenue, USD Billion; 2019-2030)
Regional Outlook (Revenue, USD Billion; 2019-2030)
Key Topics Covered: Chapter 1. Market Synopsis Chapter 2. Executive Summary Chapter 3. Indicative Metrics Chapter 4. Advanced Wound Care Market Segmentation & Impact Analysis Chapter 5. Advanced Wound Care Market By Product Insights & Trends Chapter 6. Advanced Wound Care Market By Wound Type Insights & Trends Chapter 7. Advanced Wound Care Market By End-use Insights & Trends Chapter 8. Advanced Wound Care Market Regional Outlook Chapter 9. Competitive Landscape Chapter 10. Company Profiles Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/hd46zs
STOCKHOLM (Reuters) -The Swedish government on Thursday cut its outlook for growth next year as it warned the impact of Russia's war in Ukraine and soaring inflation would increasingly hit the economy. The minority Social Democrat government, which faces a tight general election in September, raised its outlook for economic growth this year to 2.3%, from a June forecast of 1.9%, but it slashed its prediction for 2023 to just 0.4% from 1.1%. "The economy is on a war-footing and uncertainty is high," Finance Minister Mikael Damberg told reporters.
Analysts had forecast £2.8bn for the month.
The price of dogecoin jumped this week after the new Dogechain platform gained traction from retail investors.
GB News has secured £60m of fresh investment as part of an ownership shake-up in which the Hollywood titan Warner Bros. Discovery has sold its stake in the fledgling news network.
A provincial capital in southwest China has dimmed outdoor advertisements, subway lighting and building signs to save energy, official announcements said, as the area battles a power crunch triggered by record-high temperatures.
Singapore-based firm counts 50 million users worldwide
A rocker switch is a type of switch that, when pressed, moves back and forth by raising one end and depressing the other, much like a seesaw, as opposed to tripping or remaining depressed.New York, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Rocker Switch Market Size, Share & Industry Trends Analysis Report By Switching Configuration, By Vertical, By Regional Outlook and Forecast, 2022 - 2028" - https://www.reportlinker.com/p06315052/?utm_source
European and US stocks mostly fell Friday, with investors focused firmly on central bank interest rate hikes as the US dollar rallied.
The London-listed recruitment is expected to reveal an annual operating profit of around £210 million on Thursday August 25.
Transport Secretary Grant Shapps has been accused of advocating fire-and-rehire tactics.
DP World saw its profit soar by more than 50% in the first six months of the year.
North America, European & Asian Pacific Legal Cannabis Market North America, European & Asian Pacific Legal Cannabis Market Dublin, Aug. 18, 2022 (GLOBE NEWSWIRE) -- The "North America, Europe & Asia Pacific Legal Cannabis Market Size, Share & Trends Analysis Report by Source Type, by Derivatives, by End-use, by Region, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering. The North America, Europe, and Asia Pacific legal cannabis market size is expected t
Product Overview Replacement for breast milk is infant feeding. The initial six months after birth play a crucial role in the development of an infant, which is of vital importance in ensuring adequate nutrition during this time.New York, Aug. 19, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Infant Formula Market: Market Segments: By Ingredient Type ; By Application; By Distribution Channel ; and Region – Analysis of Market Size, Share & Trends for 2014 –
Global eDiscovery Market Global eDiscovery Market Dublin, Aug. 18, 2022 (GLOBE NEWSWIRE) -- The "Global eDiscovery Market by Component (Solutions and Services), Deployment Type (Cloud and On-premises), Organization Size, Vertical (BFSI, IT & Telecom, Government & Public Sector, and Legal) and Region - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering. The global eDiscovery market is projected to grow from USD 11.2 billion in 2022 to USD 17.1 billion by 2027, at a compo
Rising mortgage rates and deposits are making life tougher for aspiring homeowners. By Vicky Shaw.
Shares dived by two-thirds within minutes of reports by the Wall Street Journal
Shares in the business plummeted by around a third in early trading on Friday.
Product Overview Replacement for breast milk is infant feeding. The initial six months after birth play a crucial role in the development of an infant, which is of vital importance in ensuring adequate nutrition during this time.New York, Aug. 19, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Infant Formula Market: Market Segments: By Ingredient Type ; By Application; By Distribution Channel ; and Region – Analysis of Market Size, Share & Trends for 2014 –
LONDON (Reuters) -The company which operates Britain's biggest container port, Felixstowe, said on Friday it believed its pay offer to workers was fair and it was disappointed strike action due to begin on Sunday had not been called off. More than 1,900 workers at Felixstowe represented by the Unite union plan eight days of strikes from Aug. 21 in a dispute over pay. "The company is disappointed that Unite has not taken up our offer to call off the strike and come to the table for constructive discussions to find a resolution," said a spokesperson for Hutchison Ports, which operates Felixstowe.
The head of Germany's energy regulator said on Thursday that the country would almost certainly fail to meet its gas reserve targets in the face of a Russian supply squeeze.