Marked Clinical Significance of Traditional Wound Management in First Line of Care of Treatment

The traditional wound management market has evolved alongside modern management therapies. Key propositions for the popularity are ease-of-availability, cost-effectiveness, and efficacy for several non-severe conditions. Among the various types, gauze bandages and tapes have risen in popularity in the traditional wound management market. This is evident in sizable sales in hospitals.

Moist Wound Healing Techniques Gathering Steam

The traditional wound management market has received large impetus from adoption of moist wound healing techniques. Their potential in treating acute and chronic wounds is also growing. Moreover, traditional wound management is also proving to be vital in managing wounds in diabetics.

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In various parts of the world, chronic wound and traumatic injuries have been growing in incidence, especially in low- and middle-income countries. A part of incidence is on the account of growing numbers of accidents. Growing adoption of traditional wound management in ambulatory surgery centers in numerous developing and developed regions is also boosting the market. Moreover, in various markets, traditional wound management has emerged as the first line of care in the treatment of uncomplicated wounds.

Incorporation of Biomaterials Unlocks New Potential in Traditional Wound Management Market

Rising trend of antibiotic resistance has become a serious concern in developed nations, notably the U.S. Growing demand for traditional wound care products to counter this trend is bolstering the prospects of the market. Incorporation of biomaterials in traditional wound management techniques has also augmented the potential of the market. Availability of these products in prescription as well as over-the-counter modes has fuelled the expansion of the market.

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Among the various regions, North America and Asia Pacific are key markets. North America particularly has been witnessing several lucrative avenues over the past few years. Need for easy-to-use and cost-effective wound care products for managing the prevalence of acute and chronic wounds has helped the region to emerge as a prominent market.

Construction to Support Growth in Super Abrasive Market

Properties such as durability, longevity, strength and performance have always boded well for super abrasives. It is mainly because the longer the shelf-life and the shorter the downtime of machines, the more the demand. After all it is with the help of these super abrasives that the initial high cost of machines is counter balanced.

An example that can help understand better is of metal bonded wheels. These are built for rugged activities, thereby having a very small cycle time. It thus, cuts down on expenses for users. It should come as no surprise then the market would see steady growth over the coming years. It would also translate to a notable value of market.

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Some of the developments that mark growth in the market, either regionally or globally, are outlined ahead. Firstly, the 2015 move by the Government of India, announcing ‘Housing for All’ has driven the market on an upward trajectory as construction leads to demand for super abrasives. Second, in 2017, Saint Gobain merged Winter and Norton to form a technologically advanced leader Norton Winter, that now caters to a wide audience base. In the same year, the brand launched Ultra-Thin Grinding Wheel – Norton Quantum3 UT. It provides traits like improved durability and comfort. These examples clearly denote how important is product development and mergers and acquisitions for players in the market.

One of the most solid drivers of growth as mentioned before is the growth in construction industry. As per a PwC sponsored report, the volumes will increase approximately 85% by 2030. This would lead to a market worth of USD 15.5 trillion. Also, three countries will have a majority share – India, China and the United States. Together, they will hold 57% of this growth. Other sectors that will propel super abrasive market forward are transportation and automotive.

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