Wound care is expected to experience a modest contraction in volume terms over the forecast period. This is partly due to maturity and the fact that these items tend to be purchased relatively infrequently as compared to many other types of consumer health products.
In addition to remaining a major driver of demand, the rapid ageing of Taiwan’s population will continue to have a significant bearing on competitive strategies in wound care over the forecast period. This demographic trend will encourage manufacturers to expand their offer of products that are more effective in preventing infection and promoting faster healing of surgical wounds and chronic wounds caused by age-related conditions, such as diabetic foot ulcers and pressure sores.
With consumers in Taiwan increasingly concerned about environmental issues, wound care should see producers step up efforts to improve their sustainability credentials over the forecast period. Most notably, more companies are expected to introduce products made with renewable and biodegradable raw materials.
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Understand the latest market trends and future growth opportunities for the Wound Care industry in Taiwan with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
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Wound Care
This is the aggregation of sticking plasters/adhesive bandages, first aid kits, and gauze, tape, and other wound care. Exclude products that prevent foot blisters and anti-scarring only variants.
See All of Our DefinitionsThis report originates from Passport, our Wound Care research and analysis database.
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