DUBLIN--(BUSINESS WIRE)--The "Colombian Wound Care Market Research Report: By Product, Wound Type, End - User, Distribution Channel - Industry Analysis and Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.

Registering a CAGR of 3.6% during the forecast period (2019-2024), the Colombian wound care market is predicted to reach $93.9 million by 2024, witnessing a substantial increase in its revenue from $76.1 million in 2018.

Taking the geography of the country into consideration, the largest market share in the Colombian wound care market is expected to be held by the state of Cundinamarca. This is mainly ascribed to the increasing research & development activities and rising expenditure on healthcare due to supportive government policies and initiatives. Other states, such as Bolivar, Atlntico, Valle del Cauca, Santander, and Antioquia also hold significant shares in the market on account of the surging incidence of traumatic injuries, burns, and diabetic wounds as well as rising geriatric population.

The Colombian wound care market is witnessing growth due to the rising focus on healthcare services. The wound care facilities in Colombia are witnessing a surge in demand as both the public and private organizations are increasing healthcare coverage. An article published in the Health and Human rights journal in 2016, mentioned that in the country, the healthcare coverage witnessed a remarkable increase during 1991-2016; starting from 25% population in 1992, the health cover facilities were available to 96% population in 2016. This is indicative of the rising focus of the government on providing excellent healthcare facilities and means to the residents of the country.

Stem cell therapy in wound management is becoming the trend in the Colombian wound care market. Extensive research on stem cells has established their remarkable regenerative abilities, which may help in speeding up the wound healing process. A biotechnology company, BioXcellerato LLC, has its treatment center in Colombia by the name of Torre Medica El Tesoro that provides stem cell treatment for various cosmetic and other conditions. Further, it is involved in stem cell therapy and regenerative medicine research for finding prospective treatments for wound and other skin disorders.

Key Topics Covered:

Chapter 1. Research Background

1.1 Research Objectives

1.2 Market Definition

1.3 Research Scope

1.3.1 Market Segmentation by Type

1.3.2 Market Segmentation by Wound Type

1.3.3 Market Segmentation by End User

1.3.4 Market Segmentation by Distribution Channel

1.3.5 Market Segmentation by Geography

1.3.6 Analysis Period

1.3.7 Market Data Reporting Unit

1.3.7.1 Value

1.3.7.2 Volume

1.4 Key Stakeholders

Chapter 2. Research Methodology

2.1 Secondary Research

2.2 Primary Research

2.2.1 Breakdown of Primary Research Respondents

2.2.1.1 By industry participant

2.2.1.2 By company type

2.3 Market Size Estimation

2.4 Data Triangulation

2.5 Assumptions for the Study

Chapter 3. Executive Summary

Chapter 4. Introduction

4.1 Market Definition

4.2 Regulatory Overview

4.3 Market Dynamics

4.3.1 Trends

4.3.2 Drivers

4.3.3 Restraints

4.3.4 Opportunities

4.4 Porter's Five Forces Analysis

Chapter 5. Colombia Wound Care Market

5.1 By Type

5.2 By Wound Type

5.3 By End User

5.4 By Distribution Channel

5.5 By State

5.6 By City

Chapter 6. Competitive Landscape

6.1 Company Benchmarking

6.2 Strategic Developments of Key Players

Chapter 7. Company Profiles

7.1 B. Braun Melsungen AG

7.2 BSN medical GmbH

7.3 Coloplast A/S

7.4 3M Company

7.5 Acelity L.P. Inc.

7.6 Smith & Nephew PLC

7.7 ConvaTec Group PLC

7.8 Paul Hartmann AG

7.9 Mlnlycke Health Care AB

7.10 Hollister Incorporated

7.11 Tecnoquimicas SA

7.12 Beiersdorf AG

7.13 Johnson & Johnson

For more information about this report visit https://www.researchandmarkets.com/r/p28fze

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Colombian Wound Care Market Research Report: By Product, Wound Type, End - User, Distribution Channel - Industry Analysis and Forecast to 2024 -...