With a large market like wound care, comprising products as different as traditional bandages, growth factors and negative pressure wound therapy, it is useful to visualize a graphic of the different segments in the context of both compound annual growth and current market size.
Below is illustrated the growth and size of global wound care market segments, with the vertical axis representing the compound annual growth through 2021 and both the horizontal axis and “bubble” sizes representing the 2013 sales ($millions).
Worldwide Wound Management Market, Size and Growth to 2021 by Segment
Source: MedMarket Diligence, LLC; Report #S249.
The range on these markets span the low current revenue, high projected sales growth of growth factors used in wound care to the high current revenue, low projected sales growth of traditional adhesive bandages.