Wound Care
April 6, 2020
Despite some estimates showing wound care accounts for over $50 billion dollars of annual expenditure (over 10 times the annual budget of the World Health Organization), it’s an area often overlooked by healthcare professionals and investors alike.
Here is a brief excerpt from the report: “Wound care is an attractive space for investors for several reasons, including the strong potential for innovation, the increasing prevalence and severity of chronic wounds, and the lack of a clearly dominant treatment in the market, not to mention the market’s estimated 5.6% compounded annual growth rate between 2019 and 2025”.
Thanks to Amanda Schoewe for authoring this report.