The global Wound Care Market is forecasted to be worth USD 31.73 Billion by 2030, according to a current analysis by Emergen Research. The wound care market is primarily driven by increasing diabetes incidence and prevalence, increasing geriatric population, increasing wound ulcer prevalence, increased funding for wound care research, and increasing awareness programs on wound management. The rising geriatric population base at high risk of chronic wounds will support the demand for the wound care market. An increasing pool of patients suffering from chronic injuries results in significant cost burdens on healthcare systems across the globe. It is predicted that the existing and rising cost burden of these chronic wounds will drive investment in wound care technology that will have a significant positive impact on the growth of the wound care industry. However, prohibitive costs of the market products, which often undermine the affordability of treatment, will, in the foreseeable future, hinder industry growth. Impaired or delayed healing of the wound in chronic diseases, as well as after surgical procedures, poses a serious threat to patients and puts them at risk of infection, amputation, and death. https://www.emergenresearch.com/industry-report/wound-care-market