Noida, UP -- (SBWire) -- 06/11/2015 --Products in the AWM market are experiencing low reimbursement levels due to shrinking healthcare budgets. Even though the total cost of wound management is reduced with the use of advanced therapies due to faster recoveries and shorter hospital stays, AWM products are quite expensive as compared to their traditional counterparts. Cutting reimbursement for wound care-related services has gained momentum over the years.
A new research study conducted by RNCOS, "Global Advanced Wound Care Market Outlook 2018", reveals that the market, which was worth US$ 6.8 Billion in 2013, is expected to grow to US$ 9.1 Billion by 2018. The report has been divided into numerous sections that deal with the various aspects of the AWC market.
The reader is first introduced to the various types of wounds, which have been broadly categorized into Ulcers, Burns and Surgical Wounds. The next section deals with the various AWC products and technologies that are currently available in the market along with a brief explanation of their modus operandi. The market section starts with an overview of the global wound care market and its current and future geographical breakdown. This is followed by a detailed analysis of the global AWC market and its current share in the total wound care industry. The next section broadly segments the AWC industry into AWC Dressings and AWC Technologies.
The report then talks about the various applications and technological trends that have been a part of the industry. This report also highlights key players and their current market share in the AWC domain. For every player, a brief business overview, geographic revenue break up and segment wise revenue break up along with key financials have been provided. A strength and weakness analysis of every player has also been presented to assist the investors in developing an understanding of the strategies of the players. At the end, a section has been dedicated to the Future Outlook.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM732.htm
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About RNCOS
RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.
Shrinking Healthcare Budgets and Low Reimbursement Act as Major Hurdles for AWC
‘Shrinking healthcare budgets have resulted in low reimbursement levels for wound care services, which may hinder market growth’, says RNCOS.