London, United Kingdom (PressExposure) December 28, 2009 -- The global market for advanced wound care products was estimated to be $1.92 billion in 2007 and is expected to grow at a rate of 9.7 percent over the 2007-2012 period to reach a value of $3.04 billion in 2012.
The advanced wound management market has emerged as a leading medical equipment sector over the last few years in light of the rising incidence of leg ulcers, pressure sores and burns. Another factor which has contributed to the growth in this market is the faster healing times for wounds and the resultant short length of stay which deliver substantial financial and administrative benefits to hospitals.
This analysis was taken from a research paper published by GlobalData, to download the full Research Paper for free, click below:
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