Connect with us
European Gaming Congress 2024

Artificial Intelligence

Chronic Wound Care Market Size to Witness Robust Growth, Reaching a Valuation of USD 15.51 Billion by 2030, Driven by Increasing Incidences of Chronic Illnesses and Expanding Geriatric Population, States Kings Research

Published

on

Dubai, UAE, Aug. 08, 2023 (GLOBE NEWSWIRE) — According to the recent report published by Kings Research, the global Chronic Wound Care Market amassed USD 11.17 billion in revenue in 2022 and is expected to reach a valuation of USD 15.51 billion by 2030, growing at a 4.28% CAGR over the forecast period. Factors driving the growth of the market include rising cases of chronic diseases in the geriatric population and an increase in the prevalence of diabetes and obesity.

The availability of efficient treatment options is aiding the progress of the chronic wound care market. Chronic wound management requires a multidisciplinary approach with an emphasis on prevention, early detection, and prompt intervention, which has drawn more attention to the subject.

Request Sample PDF of the Report: https://www.kingsresearch.com/request-sample/chronic-wound-care-market-6

Trending Now: Wearable Bioelectronic “Smart Bandages” Developed by U.S. Scientists are Healing Wounds Quickly

Scientists have developed a smart patch that can monitor healing, treat wounds with medication, and stimulate tissue growth using electrical signals. The Smart Patch, a wireless, stretchable, wearable bioelectronic system for multiplexed monitoring & combination therapy to treat infected chronic wounds, was developed by a team of U.S. scientists.

Advertisement
Stake.com

The small device is designed to help people with burns, diabetic ulcers, and non-healing surgical wounds. The scarcely noticeable bandage, which is biocompatible, stretchable, mechanically flexible, and skin-conformal, was put to test on mice in a study that was published on Friday in the journal Science Advances.

An in vitro wound healing assay was used to evaluate the therapeutic potential of the wearable patch for improved tissue regeneration via electrical stimulation. In comparison to the control group without electrical stimulation, the model wound treated with electrical stimulation demonstrated noticeably faster wound healing.

Global Fast Fashion Market Snapshot:

Report Attributes Details
Base Year 2022
Forecast Year 2023-2030
Historical Years 2018-2021
Revenue (2022) USD 11.17 Billion
Revenue (2030) USD 15.51 Billion
Revenue CAGR (2023 – 2030) 0.0428
Fastest Growing Region (2023 – 2030) Asia-Pacific
Largest Region North America

Inquire Before Buying This Report: https://www.kingsresearch.com/enquiry/chronic-wound-care-market-6

Competitive Landscape

Advertisement
Stake.com

The market for chronic wound care is highly fragmented. Major players are concentrating on adopting effective strategies, including partnerships, mergers & acquisitions, product development, and joint ventures to enhance their respective market shares and diversify their product portfolios.

Key players in the chronic wound care market include:

  • 3M
  • Braun SE
  • Cardinal Health
  • Coloplast A/S
  • Colzyx AB
  • Convatec Inc.
  • Integra LifeSciences
  • Kane Biotech Inc.
  • Medline Industries, Inc.
  • Smith+Nephew.

The Global Chronic Wound Care Market is segmented as:

By Type

  • Diabetic Ulcers
  • Pressure Ulcers
  • Venous Ulcers
  • Others

Growing Number of Diabetic Patients to Augment Diabetic Ulcers Globally

The diabetic ulcers segment held the lion’s share in the global chronic wound care market and is estimated to amass USD 6.14 billion in revenue by the end of 2030. The availability of cutting-edge wound care solutions and the rise in the number of diabetic patients with ulcers globally are fueling segment expansion.

However, the pressure ulcers segment is likely to depict the fastest growth through the analysis period. The segment is likely to experience growth due to the rising prevalence of obesity and related wounds. Pressure ulcers are wounds to the skin and underlying tissues caused by persistent pressure.

Advertisement
Stake.com

Download a Sample PDF of this Report – (Including Full TOC, List of Tables & Figures, Chart)

By Product

  • Advanced Wound Dressings
  • Wound Care Therapy
  • Active Therapy
  • Others

Rising Penetration of Artificial Intelligence Boosts Advanced Wound Dressings Sales

The advanced wound dressings segment dominated the chronic wound care market in 2022 and is anticipated to reach a valuation of USD 8.33 billion by 2030. The widespread availability of smart wound care facilities and the expanding application of artificial intelligence are the main drivers for segment growth. With diverse types of wounds, the development of smart bandages is also providing low-cost assistance.

Additionally, the expanding geriatric population around the world is foreseen to complement segment development. Other significant factors that are speculated to promote market growth include rising disposable income and increased awareness of surgical site infection.

Increasing Geriatric Population Sows the Seed for Chronic Wound Care Globally

Advertisement
Stake.com

A rapidly aging population and surging chronic diseases, such as diabetes and cardiovascular disease, have led to an increase in the demand for chronic wound care in recent years. An aging population and an increase in chronic diseases globally are driving the demand for services related to chronic injuries caused by cardiovascular disease. Infrastructural aspects of healthcare, healthcare regulations, and reimbursement schemes all have an impact on the demand for chronic wound care.

Another major factor that is likely to contribute to market growth is the increased prevalence of obesity, which is linked to lower extremity amputations and chronic wounds. In addition to decreased vascular activity in adipose tissue, obese individuals are more likely to develop pressure ulcers. These patients’ inability to adjust their position in bed serves as a risk factor for pressure-related injuries. Additionally, the skin folds on their bodies create the perfect environment for microbes to flourish. The deterioration of skin brought on by these germs results in ulcers, which are therefore most likely to increase demand for those products, resulting in market growth.

Purchase this Premium Research Report: https://www.kingsresearch.com/buy-now/6

North America to Gain Traction Due to Immense Focus on Healthcare

North America dominated the global chronic wound care market with a valuation of USD 4.83 million in 2022. In the region, the U.S. is foreseen to lead the market at a 4.51% CAGR over 2023-2030. The growth of the regional market is attributable to the increasing concern in the hospital vertical. Healthcare professionals are now concentrating more on treating wounds such as diabetic foot and chronic venous leg ulcers as a result of the region’s population expansion. These wounds can have more severe effects, including foot amputation, in patients with diabetic foot ulcers.

Advertisement
Stake.com

APAC to Exhibit Prominent Growth Bolstered by Upsurge in Invasive Chronic Disease

Asia Pacific is projected to be the fastest-growing region in the chronic wound care market, registering a 5.33% CAGR over the forecast timeframe. The rising prevalence of chronic diseases, including diabetes and cardiovascular disease, which necessitate efficient wound care, is fostering the regional market growth. Furthermore, the growing demand for methods that minimize the risk of infections and accelerate the healing process will ultimately result in better patient outcomes and cheaper healthcare expenditures.

For more information on the report, visit: https://www.kingsresearch.com/chronic-wound-care-market-6

Key Points from TOC:

1 Introduction of the Global Chronic Wound Care Market 
1.1 Market Definition
1.2 Market Segmentation
1.3 Research Timelines
1.4 Limitations
1.5 Assumptions

Advertisement
Stake.com

2 Executive Summary

3 Research Methodology 
3.1 Data Collection
3.1.1 Secondary Sources
3.1.2 Primary Sources
3.1.3 Research Flow
3.2 Subject Matter Expert Advice
3.3 Quality Check
3.4 Final Review
3.5 Bottom-Up Approach
3.6 Top-down Approach

4 Global Chronic Wound Care Market Outlook
4.1 Market Evolution
4.2 Overview
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.3.4 Challenges
4.4 Pricing Analysis
4.5 Porter’s Five Forces Analysis
4.6 Value Chain Analysis
4.7 Macroeconomic Analysis

5 Impact of the Russia-Ukraine War
6 Global Chronic Wound Care Market, By Type
7 Global Chronic Wound Care Market, By Product
8 Global Chronic Wound Care Market, By End-User
9 Global Chronic Wound Care Market, By Geography
10 North America 
11 Europe 
12 Asia Pacific 
13 Middle East & Africa 

15 Global Chronic Wound Care Market Competitive Landscape
15.1 Overview
15.2 Key Developments
15.3 Key Strategic Developments
15.4 Company Market Ranking
15.5 Regional Footprint
15.6 Industry Footprint

Advertisement
Stake.com

16 Company Profiles
16.1 3M
16.1.1 Key Facts
16.1.2 Financial Overview
16.1.3 Product Benchmarking
16.1.4 Recent Developments
16.1.5 Winning Imperatives
16.1.6 Current Focus & Strategies
16.1.7 Threat from competition
16.1.8 SWOT Analysis

16.2 B. Braun SE
16.3 Cardinal Health
16.4 Coloplast A/S
16.5 Colzyx AB 
16.6 Convatec Inc.
16.7 Integra LifeSciences
16.7.4 Recent Developments
16.8 Kane Biotech Inc.
16.9 Medline Industries, Inc.
16.10 Smith+Nephew

Browse Complete TOC: https://www.kingsresearch.com/toc/chronic-wound-care-market-6

About Us:
Kings Research stands as a renowned global market research firm. With a collaborative approach, we work closely with industry leaders, conducting thorough assessments of trends and developments. Our primary objective is to provide decision-makers with tailored research reports that align with their unique business objectives. Through our comprehensive research studies, we strive to empower leaders to make informed decisions.

Our team comprises individuals with diverse backgrounds and a wealth of knowledge in various industries. At Kings Research, we offer a comprehensive range of services aimed at assisting you in formulating efficient strategies to achieve your desired outcomes. Our objective is to significantly enhance your long-term progress through these tailored solutions.

Advertisement
Stake.com

Contact Us
Kings Research
Phone: (+1) 888 328 2189
E-mail: [email protected]
Website: https://www.kingsresearch.com
Blog: https://www.kingsresearch.com/blog
Follow Us: LinkedIn | Facebook | Twitter

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Grant Cardone Lists $42M Miami Mansion on Blockchain Real Estate Platform Propy

Published

on

grant-cardone-lists-$42m-miami-mansion-on-blockchain-real-estate-platform-propy

American best-selling author, businessman, and investor chooses Propy’s onchain real estate platform to list Golden Beach, Florida, house.
MIAMI, July 2, 2024 /PRNewswire/ — Propy, a technology company revolutionizing real estate via blockchain and AI, today announced that high-profile American entrepreneur Grant Cardone has listed a Golden Beach, Florida, private property for sale on Propy’s blockchain-based real estate platform with an asking price of $42,000,000 accepting cryptocurrency. This marks the first venture into emerging technologies in proptech for Cardone, a serial founder, best-selling author, equity fund manager, and business and real estate investor. The home is listed on the Propy marketplace with the deed minted onchain.

Propy simplifies the home-purchasing experience and eliminates fraudulent transactions by using a decentralized title registry and an escrow settlement protocol for securely storing land records and facilitating transactions, as well as accepting or converting cryptocurrency if a buyer chooses this form of payment. Leveraging the immutability of the blockchain, Propy ensures that buyer and seller private information is secure throughout the transaction. Automating and bringing the entire process online and onchain enables closing on a property to be faster, easier, and more secure than the outdated, traditional real estate transaction model.
Commenting on the listing, Grant Cardone said, “We are all in on blockchain revolutionizing real estate. We are leveraging top-tier technology to make transactions seamless and unstoppable. This is the future of real estate, and we’re leading the charge!” 
The private address is minted on PropyKeys protocol – an onchain tokenized address market developed on the Base network (Coinbase Layer 2 on Ethereum). PropyKeys brings real estate onchain through NFT home addresses and aims to bring one million home addresses onchain by 2025. The Propy marketplace also grants prospective buyers the option to pay using Bitcoin or US dollars.
Natalia Karayaneva, Founder and CEO of Propy, said, “It is a privilege for us to be the platform of choice for high-end property sellers, enhancing our offering to our community of high net-worth individuals, investors, and crypto buyers. With Propy’s advanced blockchain rails, compliant crypto and dollar payments, and unwavering focus on privacy, our clients can confidently navigate the closing process. The inclusion of Cardone’s listing in BTC and USD on Propy, minted with our latest privacy deed feature, highlights our leadership in the intersection of real estate and crypto.”
Additional details on the Cardone property are available on Propy’s website. Interested parties should contact the listing agent for viewings and further details.
Natalia Karayaneva, Founder and CEO of Propy, is available for interview upon request.
About Propy:
Propy is a US-licensed title company and a pioneering platform leveraging blockchain and AI technology to facilitate seamless transactions of real-world assets (RWA), specifically focused on revolutionizing global real estate markets. As an industry leader, Propy specializes in providing secure and efficient solutions, ensuring an enhanced experience for buying and selling properties worldwide.
Website | Facebook | X 
Photo: https://mma.prnewswire.com/media/2452961/Grant_Cardone_mansion.jpg
 

View original content:https://www.prnewswire.co.uk/news-releases/grant-cardone-lists-42m-miami-mansion-on-blockchain-real-estate-platform-propy-302188274.html

Continue Reading

Artificial Intelligence

DataLend: Securities Lending Revenue Down 16% Year-Over-Year to $2.53 Billion in Q2 2024

Published

on

datalend:-securities-lending-revenue-down-16%-year-over-year-to-$2.53-billion-in-q2-2024

Global revenue declines year-over-year due to lagging equities performance in the U.S. and EMEA
NEW YORK, July 2, 2024 /PRNewswire/ — The global securities finance industry generated $2.53 billion in revenue for lenders in the second quarter of 2024, according to DataLend, the market data service of fintech EquiLend. The figure represents a 16% decrease from the $3.00 billion generated in Q2 2023.

Global broker-to-broker activity, where broker-dealers lend and borrow securities from each other, generated an additional $696 million in revenue during Q2, a 9% decrease year-over-year.
Regionally, equity revenue fell 33% in EMEA and 19% in North America compared to the same period last year. A 22% decline in fees in North America and a 23% dip in EMEA accounted for the majority of the decreased revenue. Equity revenue in APAC increased 8% thanks to a 13% increase in fees.
Global fixed income performance declined by 11% in Q2 year-over-year. While revenue from government securities was roughly flat, corporate debt revenue fell by 32%, a regression of a trend which saw corporate bonds running hot through much of 2022 and 2023.
In June 2024, the global securities finance industry generated $790 million in revenue for lenders. The figure represents a 11% decrease year-over-year from the $888 million generated in June 2023. Broker-to-broker activity totaled an additional $207 million in revenue in June, also an 11% decrease year-over-year.
The top five earners in June 2024 were Lucid Group (LCID US), Trump Media & Technology Group (DJT US), Canopy Growth Corporation NPV (CGC US & WEED CN), Beyond Meat Inc. (BYND US) and ImmunityBio Inc. (IBRX US). In total, the group generated $56 million in revenue in the month.
Bloomberg Terminal users can subscribe to EquiLend’s exclusive Orbisa securities lending data by entering terminal shortcut APPS ORBISA or clicking the following link: https://blinks.bloomberg.com/screens/apps%20orbisa.
About DataLend 
DataLend, the market data service within EquiLend’s Data & Analytics Solutions group, tracks daily market movements across more than 200,000 securities, covering $35 trillion in lendable assets and $2.6 trillion in on-loan assets for the securities finance market. www.datalend.com
About EquiLend
EquiLend is a global financial technology firm offering Trading, Post-Trade, Data & Analytics, RegTech and Platform Solutions for the securities finance industry. With offices in North America, EMEA and Asia-Pacific, EquiLend operates across various jurisdictions worldwide, adhering to the highest regulatory standards. The company is committed to excellence and innovation and is consistently recognized for its contributions to the industry. EquiLend is Great Place to Work Certified™ in the U.S., UK, Ireland and India and has been honored as the Best Post-Trade Service Provider Globally, Best Market Data Provider Globally and for its outstanding Diversity & Inclusion initiatives in the Securities Finance Times Industry Excellence Awards 2023. www.equilend.com
Logo – https://mma.prnewswire.com/media/1060364/EquiLend_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/datalend-securities-lending-revenue-down-16-year-over-year-to-2-53-billion-in-q2-2024–302188137.html

Continue Reading

Artificial Intelligence

Endpoint Security Market to Transcend USD 36.01 billion by 2031 Owing to Cutting-Edge Cybersecurity in Safeguarding Online Infrastructure| SkyQuest Technology

Published

on

endpoint-security-market-to-transcend-usd-36.01-billion-by-2031-owing-to-cutting-edge-cybersecurity-in-safeguarding-online-infrastructure|-skyquest-technology

WESTFORD, Mass., July 2, 2024 /PRNewswire/ — According to SkyQuest, the global Endpoint Security Market size was valued at USD 10.40 billion in 2022 and is poised to grow from USD 11.94 billion in 2023 to USD 36.01 billion by 2031, growing at a CAGR of 14.8% in the forecast period (2024-2031).

Organizations use advanced security solutions as their first line of defense in cybersecurity to protect their company network infrastructure. Market expansion is anticipated as Bring Your Own Device (BYOD) policies are implemented more frequently. For instance, the web threat intelligence detection XDR solution FortiXDR was introduced by Fortinet, Inc. BlackBerry Limited introduced the managed detection and response (MDR) service in a similar manner. Additionally, for endpoint security, Broadcom, Inc. has introduced Adaptive Protection. Solutions are heavily reliant on emerging technology, including cloud computing, artificial intelligence (AI), the Internet of Things (IoT), and others.
Download a detailed overview:
https://www.skyquestt.com/sample-request/endpoint-security-market
Endpoint Security Market Overview: 
Report Coverage 
Details 
Market Revenue in 2023 
$ 11.94 billion 
Estimated Value by 2031 
$ 36.01 billion 
Growth Rate 
Poised to grow at a CAGR of 14.8% 
Forecast Period 
2024–2031 
Forecast Units 
Value (USD Billion) 
Report Coverage 
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends 
Segments Covered 
Component, Enforcement Point, Enterprise Size, End-User and Deployment
Geographies Covered 
North America, Europe, Asia Pacific, Middle East & Africa, Latin America
Report Highlights 
Updated financial information / product portfolio of players 
Key Market Opportunities 
Rising Number of Connected Devices
Key Market Drivers 
Rising trend of BYOD 
Segments covered in Endpoint Security Market are as follows:
ComponentSolutions (Endpoint Protection Platform (EPP) (Antivirus, Anti-Spyware/Anti-Malware, Firewall, Endpoint Device Control, Intrusion Prevention, Endpoint Application Control, Others), Endpoint Detection and Response (EDR)), Services (Professional Services (Training and Consulting, Integration and Implementation, Support and Maintenance), Managed Services)Enforcement PointWorkstations, Mobile Devices, Servers, Point of Sale Terminals, OthersEnterprise SizeLarge Enterprises, Small and Medium Enterprises (SMEs)End-UserGovernment & Public Sector, BFSI, Healthcare, IT & Telecom, Transportation, Education, Manufacturing, Retail & e-commerce, OthersDeploymentCloud, and On-PremiseRequest Free Customization of this report:
https://www.skyquestt.com/speak-with-analyst/endpoint-security-market
Large Enterprises Redefining Endpoint Security in Global Arena
The worldwide endpoint security market is shaped in large part by the size of the enterprise. The need for comprehensive and scalable solutions is generally driven by large organisations, whilst small and medium-sized enterprises (SMEs) prioritise cost-effective security measures that are suited to their specific needs. Market strategies and product development are influenced by this segmentation to effectively meet the diverse needs and budgets of organisations.
Large corporations have a great deal of influence in the global endpoint security market, owing to their sizable financial backing for all-encompassing cybersecurity solutions. By fitting by the artificial intelligence and machine learning technology as well as having the wide network infrastructure and following to regulation guidelines strictly, they hold an exclusive position to enhance ingenuity and expand market and at the same time set up security standards in the industry.
SMEs being small and financially limited create a big part of the world’s endpoint security demand driving demand for trustworthy, low-priced security solutions. Small and financially constrained firms need help protecting themselves from cyber threats as they tend to adopt new tech fast, yet they face higher risks of online attacks. This is due to SMEs are quick in adopting new technologies but are also at risk from online attacks.
View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/endpoint-security-market
Optimizing Performance through Strategic Deployment in Endpoint Security
Deployment in the worldwide endpoint security sector signifies the activities involving placing security systems into operation and orchestrating these solutions across various networks and gadgets. It is proverbial that deploying well means better protection from cyber-attacks, fewer weak points, more speed thereby preserving invaluable information for all organizations worldwide.
In the worldwide endpoint security industry, on-premises deployment gives users more control and customisation by installing security solutions directly on local servers and devices. This method is critical for companies with strict regulations on data security since it ensures that they adhere to legal requirements, directly control their sensitive information thereby upholding strong security and operational integrity.
In the worldwide endpoint security industry, cloud deployment uses remote servers to offer flexible, scalable security solutions. This approach is central in enabling organization to promptly respond to fresh dangers, reduce infrastructure budget and maintain reliable real time security on all endpoints as it is easy to incorporate, affordable and allows immediate updates.
Crucial Role of Enterprise Size and Advanced Deployment Strategies To turn Fruitful
Modern advanced security solutions are essential for safeguarding organisational network infrastructures in the quickly changing digital landscape of today. The increased spread of BYOD policies is driving demand for such cutting-edge solutions as Broadcom’s Adaptive Protection, BlackBerry’s MDR, and Fortinet’s FortiXDR. Advanced technology adoption, compliance, and scalability are key priorities for big enterprises, which use their large resource bases, while small and midsize businesses are pushing for good quality and affordable cybersecurity solutions. Efficient implementation, regardless of on-premises or cloud-based options, guarantees all-encompassing security and uninterrupted operations, providing defence against the continuously increasing risk of cyberattacks.
Related Reports:
Cyber Security Market
Network Security Market
Managed Security Services Market
Cloud Security Market
Application Security Market
About Us:
SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific. 
Contact:Mr. Jagraj SinghSkyQuest Technology1 Apache Way,Westford,Massachusetts 01886USA (+1) 351-333-4748Email: [email protected] Our Website: https://www.skyquestt.com/
Logo : https://mma.prnewswire.com/media/2446095/SkyQuest_Logo.jpg
 

View original content:https://www.prnewswire.co.uk/news-releases/endpoint-security-market-to-transcend-usd-36-01-billion-by-2031-owing-to-cutting-edge-cybersecurity-in-safeguarding-online-infrastructure-skyquest-technology-302187917.html

Continue Reading

Trending