P&S Intelligence

The global advanced wound care market is set for lucrative growth in the coming years, as per the estimates of P&S Intelligence, a market research company based in India.

Valued at $9,517.1 million in 2015, the global wound closure products market is projected to demonstrate a CAGR of 6.3% during the forecast period (2016–2022).

Adhesion Barrier Market to Register 7.5% CAGR during 2018–2023

The global biopharmaceuticals market is anticipated to be valued at $278.2 billion by the year 2020. The market is expected to advance at a CAGR of 9.6% during the forecast period.

Dermatology Drugs Market To Generate $55,425.0 Million Revenue by 2030

According to P&S Intelligence, the market reached a revenue of $1.7 billion in 2017, and it is projected to generate $3.0 billion revenue by 2023.

According to the forecast of the market research firm, P&S Intelligence, the valuation of the market would grow from $1.7 trillion in 2018 to $2.2 trillion by 2024. Furthermore, the market is predicted to advance at a CAGR of 4.3% from 2019 to 2024.

At this rate, the market size is expected to reach $2.8 billion by 2023 from $1.4 billion in 2016.

Growth drivers including the spurring demand for low-cost medical equipment and escalating incidence of hospital-acquired infections (HAIs) will propel the disposable medical sensors market at a 10.4% CAGR during the forecast period (2017–2023).

Asia-Pacific would experience the fastest market progress, on account of being swept by the increasing consciousness about appearance and a growing trend of cosmetic procedures.