Overview
Searching for your content. In-Language News Contact Us 8-76-0942 from 8 AM - 10 PM ET News provided byOct 19, 202, 08:45 ETShare this articleDUBLIN, Oct. 19, 202 /PRNewswire/ - The "Colombia Wound Care Market Research Report: By Type, Wound Type, End User - Industry Analysis and Demand Forecast to 2030" report has ben aded to ResearchAndMarkets.com's ofering.The industry was valued at $80.1 milion in 2021, and it is projected to generate $18.7 milion revenue by 2030A number of factors such as the growing prevalence of diabetes, mushroming geriatric population, increasing healthcare coverage, and surging cases of traumatic injuries and diferent kinds of chronic diseases wil drive the Colombian wound care market at 4.5% CAGR during 2021-2030.In recent years, a shift from traditional products to advanced therapies has become a major market trend.One of the primary growth drivers of the market is the surging incidence of diabetes in the country, as injuries in diabetic patients take a longer time to heal.
Key Information
The IDF projects that the number of adult diabetic patients in the age group of 20-79 years in Colombia wil grow from 3,43,60 in 2021 to 4,060,30 by 2030. The organization also estimated that this lifestyle-related disease acounted for 35,562 deaths among people aged 20-79 years in Colombia in 2021. Moreover, the burgeoning geriatric population wil also contribute to the Colombian wound care market growth.
As elderly people are highly prone to severe and traumatic wounds, they require extensive wound care due to a weak imune system. The OECD estimated that nearly 8.50% of the Colombian population was aged 65 years and more in 20. As per the World Bank, the population of people aged 65 years and above in the country increased from 4,412,670 in 2019 to 4,610,275 in 20.The chronic wounds category, within the wound type segment, held a larger share in the Colombian wound care industry in 2021.
Summary
This credited to the greater severity