The Canadian wound care management devices market will show rapid growth due to the increase in diabetes and the obese population and the rise in chronic wounds and ulcers.
Moreover, diabetes is one of the major wounds, causing diseases and the other few chronic diseases. According to Canada's statistics in 2017, 7.3% of Canadians aged 12 and older were diagnosed with diabetes. Therefore between 2016 and 2017, the proportion of males who reported being diagnosed with diabetes has increased from 7.6% in 2016 to 8.4% in 2017. The incidence of chronic wounds, especially foot ulcers, is increasing among the diabetic population. Therefore, the number of diabetic patients is expected to rise with the increasing geriatric population in the country, which, in turn, is expected to drive the growth of the wound care management devices in Canada.
Key Market Trends
In the Wound Closure Segment, Surgical Staplers are Expected to Grow at a Rapid Rate
Surgical staplers are specialized medical staplers that can be used as an alternative to sutures, which were normally used for wound closure. Surgical staplers can be used during minimally invasive image-guided procedures. Therefore, with the increasing demand for minimally invasive surgeries, the surgical staplers segment is expected to grow furthermore. And the various applications of surgical staplers include the areas of gynecology, abdominal surgeries, cardiothoracic and orthopedic surgeries.
The market players are committed to developing innovative healing solutions for the customers and patients across the care continuum, generating proven clinical outcomes. The companies are also showing continuous growth and are developing new and differentiated products and services, which address the evolving healthcare needs among patients, providers, and consumers.
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