Increasing Prevalence of Traumatic Injuries Driving Hong Kong Wound Care Industry
With the mushrooming population of geriatric people, rising incidence of diabetes, and growing prevalence of traumatic injuries, the Hong Kong wound care market value is predicted to rise from $46.0 million in 2019 to $80.7 million by 2030. According to the estimates of the market research company, P&S Intelligence, the market will exhibit a CAGR of 5.4% from 2020 to 2030 (forecast period). Owing to advancements in medical sciences, the population of geriatric people is growing rapidly in the Asia-Pacific (APAC) region, especially in Hong Kong.
