The market is being driven by the surging population of geriatric people, the rising incidence of burn cases, obesity, and diabetes, the increasing requirement for surgeries, rapid technological advancements in the healthcare industry, and the growing prevalence of chronic wounds and road accidents all over the world.

As advanced wound care products have greater absorption capacities than the conventionally used wound care products such as sponges, wadding, plasters, and gauze, they are being increasingly preferred by medical practitioners for preventing wound seepage. Moreover, these products allow greater oxygen exchange and moisture retention and completely block the entry of microorganisms into the wounds than the conventional wound care products. Additionally, they also facilitate the rapid building of new tissues for covering the wound.

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Depending on application, the market is categorized into burns, surgical and chronic wounds, and ulcers. Out of these, the surgical and chronic wounds category recorded the highest growth in the market during the last few years and it will also demonstrate the fastest growth in the forthcoming years. This will be because of the soaring geriatric population, the rising incidence of obesity and diabetes, and the surging occurrence rate of road accidents across the world.

When end user is taken into consideration, the advanced wound care market is classified into outpatient and inpatient facilities. Between these, the inpatient facility recorded higher growth in the market in the years gone by and this trend is predicted to continue in the upcoming years as well. This will be a result of the fact that various specialized facilities are provided to the people suffering from several types of wounds by trained medical practitioners at various inpatient hospital facilities.

Hence, it is safe to say that the market will register huge expansion all over the world in the upcoming years, primarily because of the surging geriatric population and the rising prevalence of road accidents, burns, and chronic wounds in several countries.