Advanced Wound Care Market Trends

Advanced Wound Care Market Trends

The increasing geriatric population worldwide is one of the major factors that is driving the industry expansion. For instance, according to the Department of Economic and Social Affairs of the United Nations, in 2019, the world population had 703 million people aged sixty-five and above that is further expected to increase to 1.5 billion in 2050. Such a dramatic rise of the geriatric population will create opportunities for advanced wound care as the wounds heal slowly and require more medical attention in geriatric people. Also, in aged people, it becomes difficult to treat wounds due to the high risk of infection, especially in cases of deep wounds.