SAN FRANCISCO , Aug. 5, 2024 /PRNewswire/ -- The global healthcare services industry is anticipated to grow swiftly between the years 2024 and 2030, as per the forecast by Grand View Research. Some of the major factors driving this growth are the increasing geriatric population around the globe, a surge in the number of surgical cases, rising prevalence of chronic diseases, increasing incidences of diabetes, the advent of novel and advanced technologies for healthcare, and rising demand for minimally invasive surgical procedures.

Listed below are the markets found to be at the forefront, driving the healthcare supplies industry: The global advanced wound care market was estimated at USD 10.77 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.75% from 2024 to 2030.

The demand for advanced wound care products is increasing owing to the rising prevalence of chronic diseases worldwide. The increasing geriatric population, which has slow healing capabilities, is expected to propel market growth. The wound care market size was estimated at USD 22.

25 billion in 2023 globally and is projected to grow at a compound annual growth rate (CAGR) of 4.17% from 2024 to 2030. The demand for wound care products is increasing owing to the increasing number of surgical cases and the rising prevalence of chronic diseases across the globe.

Furthermore, the increasing incidence of diabetes due to a sedentary lifestyle is one of the leading factors contributing to.