In 2022, the global advanced wound care market was valued at USD 10.9 billion. It is projected to grow at a compound annual growth rate (CAGR) of 5.7% during the forecast period, reaching USD 17.9 billion in 2032. The market's revenue growth is primarily fueled by factors such as the aging population, the increasing incidence of chronic wounds, and the growing prevalence of diabetes. The effectiveness of advanced wound care products in treating complex wounds also contributes to the market's expansion.
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