The global “venous leg ulcer treatment market size” is projected to reach USD 4.84 billion by 2026. Recent advancements in treatment options for venous leg ulcer will have a positive impact on the growth of the market in the coming years. According to a report published by Fortune Business Insights, titled “Venous Leg Ulcer Treatment (VLU) Market Size, Share and Global Trend by Product (Compression Therapy, Advanced Wound Dressings, Others), By End User (Hospitals, Specialty Clinics, Homecare Settings, Others), and Regional Forecast, till 2026,” the market was worth USD 2.95 billion in 2018 and will exhibit a CAGR of 6.4% during the forecast period, 2019-2026.
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Key Players Operating in The Venous Leg Ulcer Treatment Market Include:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
Integra Lifesciences
Smith & Nephew
Coloplast Corp.
URGO
3M
Paul Hartmann
Bauerfeind
Cardinal Health
SIGVARIS GROUP
KCI Licensing, Inc.
Other Players
High Prevalence of the Disorder Will Aid Growth of the Market
The report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, the high prevalence of venous leg ulcer has made the highest impact on the growth of the market. The increasing incidence of this disorder has encouraged companies to offer faster and efficient treatment options. The growing investment in the development of such methods will help these companies generate substantial venous leg ulcer treatment market revenue in the coming years. According to an article published by The National Center for Biotechnology Information (NCBI) in 2010, around 600,000 people suffer from venous leg ulcer in the United States annually. The increasing incidence of this disorder will have a positive impact on the growth of the market in the coming years.
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North America Likely to Emerge Leading; Increasing Emphasis on Product R&D to Aid Growth
The report analyses ongoing venous leg ulcer treatment market trends across North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in North America is projected to emerge leading in the coming years. The increasing investment in the research and development of technologically advanced products for the treatment of the disease will have a direct impact on the growth of the regional market. Besides Europe, the market in North America will witness considerable growth in the coming years.
Detailed Table of Content:
Introduction
Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Prevalence of Venous Leg Ulcer by Key Countries/Regions
The Reimbursement Scenario by Key Countries/Regions
Overview of New Product Launches and Developments
Key Industry Developments (Mergers, Acquisitions, and Partnerships)
Global Venous Leg Ulcer (VLU)Treatment Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis, Insights and Forecast – By Product
Compression Therapy
Compression Bandages
Compression Hosiery
Others
Advanced Wound Dressings
Others
Market Analysis, Insights and Forecast – By End User
Hospitals
Specialty Clinics
Homecare Settings
Others
Market Analysis, Insights and Forecast – By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Continued…
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Report Focus:
Extensive product offerings
Customer research services
Robust research methodology
Comprehensive reports
Latest technological developments
Value chain analysis
Potential Venous Leg Ulcer Treatment Market opportunities
Growth dynamics
Quality assurance
Post-sales support
Regular report updates
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