Wound Care Product Manufacturing companies produce products that protect injured body parts. Industry performance relies heavily on the healthcare sector, which has experienced strong growth. Increasing public health expenditure and private health coverage has made medical services more accessible to US consumers. Also, the COVID-19 pandemic has dramatically increased demand for industry products as the healthcare crisis has led to dramatically higher hospitalization rates. Consequently, industry revenue has been growing at an average annualized 3.6% over the past five years and is expected to total $3.2 billion in 2023, when payment will jump by an estimated 2.2%.On the mend: Industry operators will focus on the production of high value-added goods
This industry manufactures products that protect injured parts of the body and restore the continuity of surfaces of the body.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Smith & Nephew PLC
- 3M Company
Methodology
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