SAN FRANCISCO, December 13, 2017 /PRNewswire/ --
The global medical tapes & bandages market is anticipatedto reach USD 10.97 billion by 2025, according to a new report by Grand View Research, Inc. Increasing geriatric population is resulting in increased incidence of chronic diseases and injuries, rising prevalence of ulcers,
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Rising geriatric population base contributes to the market growth, as the people of this age group are expected to experience a growth in the prevalence of chronic wounds such as venous stasis ulcers and pressure ulcers. According to estimates published by the WHO, the global population base pertaining to the age group 60 years and over, is expected to reach 2 billion in 2050.
Increasing incidence of diseases such as pressure ulcers, diabetic ulcers and venous stasis ulcers is likely to propel the growth in demand for advanced wound care products for treating these conditions. Wound dressing helps to improve the overall well-being of patients affected from the aforementioned disorders. According to the data by National Center for Biotechnology Information, in early 2017, chronic wounds affected ~ 5.7 million patients in U.S., and are estimated to cost USD 20 billion annually, thus impacting the market growth positively.
Browse full research report with TOC on "Medical Tapes & Bandages Market Analysis By Product (Tapes, Bandages), By Application (Surgical Wound, Traumatic Wound, Ulcer, Burn Injury, Sports Injury), End-Use, And Segment Forecasts, 2014 - 2025" at: https://www.grandviewresearch.com/industry-analysis/medical-tapes-bandages-market
Further Key Findings From the Report Suggest:
Browse related reports by Grand View Research:
Grand View Research has segmented the global medical tapes and bandages market on the basis of product, application, end use, and region:
Read Our Blog By Grand View Research: https://www.grandviewresearch.com/blogs/healthcare
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: +1-415-349-0058 Toll Free: 1-888-202-9519 Email: firstname.lastname@example.org
SOURCE Grand View Research, Inc.
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