Europe Advanced Wound Care Market 2030: The Rise of Moist Wound Care Products
Europe Advanced Wound Care Market Growth & Trends The Europe advanced wound care market size is anticipated to reach USD 3.80 billion by 2030, expanding at a CAGR of 4.4% during the forecast period, according to a new report by Grand View Research, Inc. The increasing incidence of injuries, the number of surgeries, and proportion of the geriatric population are the factors expected to drive the growth of this market. Moreover, the prevalence of chronic wounds such as diabetic foot ulcers is highly connected to the proportion of the geriatric population. According to Europe 2020 statistics presented by the OECD library, diabetes is more common in the geriatric population; approximately 19.3 million people in the age group of 60 to 79 have diabetes in several European countries, compared with 11.3 million people in the age group of 40 to 59 and only 1.7 million aged 20-39. The presence of key players in the region, increasing focus on research and development (R&D), an...