Latest news with #InternationalDiabetesFederation


India Today
7 days ago
- Health
- India Today
From diagnosis to daily care: What every parent should know about juvenile diabetes
Juvenile diabetes, or Type 1 diabetes mellitus (T1DM), is an autoimmune condition where the pancreas produces little to no insulin. Unlike Type 2 diabetes, T1DM is not linked to lifestyle factors and often manifests in children and adolescents. In India, the prevalence of T1DM among children is rising, yet awareness and resources remain GROWING BURDEN IN INDIA India has the highest number of children and adolescents living with T1DM globally. According to the International Diabetes Federation (IDF) Diabetes Atlas 2021, approximately 1.2 million individuals aged 0-19 years are affected worldwide, with India contributing a significant portion. Studies indicate a higher prevalence in urban areas compared to rural regions. For instance, in Karnal, Haryana, the prevalence is 26.6 per 100,000 in urban areas versus 4.27 per 100,000 in rural Mehta, 16, student from Mumbai"Living with Type 1 diabetes isn't about being perfect every day - it's about being prepared. I carry my insulin kit like I carry my phone - always with me, always charged. It's just part of life now."RECOGNISING THE SYMPTOMS Early detection is crucial. Common symptoms include: advertisement A study from B.J. Medical College, Ahmedabad, found that polyuria and polydipsia were present in 81.4% of pediatric T1DM cases."Type 1 diabetes, also called juvenile diabetes, is a disease in which the pancreas makeslittle or no insulin, a hormone that enables sugar to enter cells and be used for energy. Children orteenagers are the most often affected demographic. It is, however, not a resultof lifestyle and cannot be prevented, unlike Type 2 diabetes. Type1 diabetes is an autoimmune disease and is closely related to genetic susceptibility, but there may be environmental factors as well. There is no cure for it, but early diagnosis and lifelong insulin treatment, as well as a strict diet and regular monitoring,help control the disease and prevent complications."Dr. Ritesh Agarwal, Consultant - Endocrinologist, Manipal Hospital, BhubaneshwarMANAGEMENT AND TREATMENTManaging T1DM requires a comprehensive approach:Insulin Therapy: Multiple daily injections or insulin pumpsBlood Glucose Monitoring: Regular checks to maintain optimal levelsDietary Management: Balanced meals with controlled carbohydrate intakePhysical Activity: Regular exercise to improve insulin sensitivityThe Ahmedabad study highlighted that the basal-bolus insulin regimen achieved better glycemic control with fewer hypoglycemic events compared to the split-mix Renu Khanna, Pediatric Endocrinologist "Type 1 diabetes in children is not a lifestyle disease - it's an autoimmune condition that demands lifelong commitment. With the right support, education, and access to insulin, these kids can lead full, active lives just like any other child."CHALLENGES IN INDIAadvertisementDespite medical advancements, several challenges persist:Lack of Awareness: Many are unaware that children can develop Access to Care: Especially in rural areas, access to insulin, monitoring devices, and trained healthcare professionals is Constraints: The cost of lifelong insulin therapy and monitoring can be prohibitive for many Impact: Children may face stigma, leading to emotional and psychological Brij Makkar, President of the Research Society for the Study of Diabetes in India (RSSDI), said in a research report "With an estimated 8.6 lakh T1D patients in India, we cannot afford to overlook the urgent needs of children living with this JUVENILE DIABETES IN INDIA REQUIRES:Enhanced Awareness Campaigns: Educating the public about T1DM symptoms and Healthcare Infrastructure: Ensuring availability of insulin and monitoring tools across the Healthcare Professionals: Specialised training for the early diagnosis and management of paediatric Implementation: Integrating T1DM care into national health programs to provide structured supportBy prioritising these steps, India can improve outcomes for children with T1DM, ensuring they lead healthy and fulfilling Note: This article is for informational purposes and is not a substitute for professional medical advice. Always consult a healthcare provider for diagnosis and Watch


Malaysian Reserve
28-05-2025
- Health
- Malaysian Reserve
Wound Care Market Value worth $29.57 billion by 2030
CHICAGO, May 27, 2025 /PRNewswire/ — The global Wound Care Market size is projected to be valued at USD 24.08 billion in 2025 and reach USD 29.57 billion by 2030, growing at a CAGR of 4.19% according to a new report by The Research Insights. The market of wound care is driven by the growing use of regenerative medicine along with product advancements in dressings (foam, hydrocolloid, collagen), devices (NPWT, debridement), biological skin substitutes, sutures, and staplers. The report runs an in-depth analysis of market trends, key players, and future opportunities. In general, the Wound Care Market growth of 4.19% comprises a vast array of, Product, Application, End-Use, Mode of Purchase, Distribution Channel, and Geography which are expected to register strength during the coming years. For More Information and To Stay Updated on The Latest Developments in The Global Wound Care Market Share, Download the Sample Pages: Market Overview and Growth Trajectory: Wound Care Market Growth: According to an exhaustive report by The Research Insights, the Wound Care Market is experiencing significant growth. The development of several key trends that are influencing the industry landscape. The growing elderly population worldwide along with more frequent traumatic injuries and surgical operations and higher rates of obesity and diabetes has resulted in more acute, chronic and surgical wounds developing over the last ten years. People suffering from diabetes or obesity experience more wounds while managing more complicated types of wounds including infections and chronic ulcers (leg or foot ulcers). The treatment of these wounds demands sophisticated wound management strategies which result in increased medical costs. Increasing Prevalence of Chronic and Acute Wounds: The global wound care market revenue expands primarily due to the increased occurrence of chronic wounds like diabetic foot ulcers and venous leg ulcers and pressure ulcers as well as acute wounds such as surgical incisions, burns, and traumatic injuries. The growing numbers of diabetes patients and obese individuals who both experiences compromised wound healing abilities have resulted in an increase in chronic wound conditions. The International Diabetes Federation reported that by 2050, 1 in 8 adults, approximately 853 million, will be living with diabetes, an increase of 46%. Foot ulcers in diabetic patients present significant risks including infections and possible amputations when they receive no treatment. The increasing number of older adults worldwide drives market expansion because aging people tend to develop chronic wounds due to less elastic skin and various health conditions combined with extended periods of immobility. The need for advanced wound care products rises due to post-surgical wounds as well as traumatic injuries caused by accidents and falls which require solutions that promote faster healing, pain reduction and infection protection. For Detailed Market Insights, Visit: Advancements in Wound Care Technologies and Products: The wound care industry is experiencing swift technological advancements which are yielding increasingly sophisticated and effective products. Advanced wound dressings including hydrocolloids, hydrogels, alginates, foam dressings, and silver-impregnated antimicrobial dressings deliver optimal moisture control along with exudate management and effective infection protection. Modern wound care products gain popularity compared to traditional gauze because they speed up healing and minimize complications. Bioactive therapeutic innovations such as growth factor-infused dressings, tissue-engineered skin substitutes, and platelet-rich plasma (PRP) treatments are transforming the medical market. The use of negative pressure wound therapy (NPWT) devices that promote blood circulation and tissue recovery has grown common in both hospital and home care environments. Digital wound monitoring alongside telemedicine and artificial intelligence (AI) for wound assessment and personalized treatment plans boosts treatment effectiveness and accessibility. The latest medical technologies deliver better patient healing results while cutting healthcare expenses through reduced recovery durations and fewer hospital admissions. Healthcare costs continue to increase as international attention turns toward better patient outcomes: Healthcare infrastructure development and wound management services receive growing financial support from both public and private sectors. Worldwide governments are directing increased resources toward chronic disease management and postoperative care because they understand that untreated wounds can cause serious complications which extend hospital stays and escalate treatment costs. The reimbursement policies of the U.S., U.K., Germany, and Japan create financial support for advanced wound care products which drives their implementation in clinical environments. The growth of healthcare access in emerging markets due to universal health coverage programs and private sector investments leads to higher demand for wound care products. Medical facilities including hospitals and outpatient clinics along with homecare providers are enhancing their wound care management abilities. Patients and caregivers who understand the importance of correct wound management are now more inclined to choose professional care solutions together with over-the-counter products for healing wounds. Moving from reactive approaches to proactive wound care opens sustainable growth possibilities within the healthcare system. Stay Updated on The Latest Wound Care Market Trends: Geographical Insights: The North American wound care market trends shows strong growth prospects as it is expected to represent more than 45.47% of global market revenues by 2024. The expanding population in the United States is responsible for this market trend since a growing number of healthcare requirements along with an aging population creates great need for efficient wound care treatments. Market growth will accelerate because seniors who face increased wound risks due to age-related vulnerabilities make up a rising share of the population, and Statistics Canada predicts that people aged 65 and up will represent 21.9% to 32.3% of the total population by 2073 compared to 18.9% in 2023. The European wound care market will experience significant growth over the upcoming years thanks to rising surgical procedures alongside better awareness of wound management practices. The wound care sector anticipates accelerated growth because investments and funding opportunities for industry companies continue to increase. The Asia Pacific Wound Care Market shows potential for significant growth due to the rising need for advanced treatments and products across this area. The expanding demand for wound care solutions in Southeast Asian nations including Indonesia, Malaysia, and Singapore drives this market growth. The growing healthcare spending in these nations will likely drive additional market progress. The sizable populations of India, China and Japan present significant opportunities for market growth in the coming period due to the demand for improved wound management solutions. The wound care industry in this region is projected to achieve significant growth throughout the anticipated time period. Global Wound Care Market Segmentation and Geographical Insights: Based on Product, the wound care market share is divided into Advanced Wound Dressing, Surgical Wound Care, Traditional Wound Care, and Wound Therapy Devices. The advanced wound dressing segment holds a significant market share, accounting for over 34.96% of revenue in 2024 and is projected to exhibit the highest Compound Annual Growth Rate (CAGR) throughout the forecast period. Based on Application, the wound care market size is divided into Chronic Wounds, and Acute Wounds. The chronic wounds segment accounted for approximately 59.84% of the market share as of 2024, driven by a growing geriatric population and increasing prevalence of diabetic foot ulcers, venous pressure ulcers, and other chronic wounds. Based on End Use, the wound care market revenue is divided into Hospitals, Specialty Clinics, Home Healthcare, Physician's Office, Nursing Homes, and Others. The healthcare sector has emerged as a dominant force in the wound care market, accounting for approximately 36.30% of total sales in 2024. Based on Mode of Purchase, the wound care market analysis is divided into Prescribed, and Non-prescribed (OTC). The prescribed segment is poised for significant growth, driven by an anticipated CAGR of 4.95% over the forecast period. Based on Distribution Channel, the wound care market value is divided into Institutional Sales, and Retail Sales. The institutional sales segment has been the dominating the market landscape in 2024. The Wound Care Market Share is segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Purchase Premium Copy of Global Wound Care Market Size and Growth Report (2025-2030) at: Key Players and Competitive Landscape: The Global Wound Care Market Share is characterized by the presence of several major players, including: Smith+Nephew Convatec Group PLC Mölnlycke Health Care AB Baxter DeRoyal Industries, Inc. Coloplast Corp Medtronic 3M INTEGRA LIFESCIENCES Medline Industries, LP Johnson & Johnson Services, Inc. B. Braun SE MIMEDX Group, Inc. Cardinal Health Organogenesis Inc URGO MEDICAL These companies are adopting strategies such as new product launches, joint ventures, and geographical expansion to maintain their competitive edge in the market. For Region-Specific Market Data, Check Out Brief Sample Pages: Global Wound Care Market Recent Developments and Innovations: In March 2025: Mölnlycke Health Care acquired P.G.F. Industry Solutions GmbH produces the Granudacyn product line which offers wound cleansing and moisturising solutions. In September 2024: The healthcare company Solventum introduced their new V.A.C. Peel and Place Dressing in September 2024. The V.A.C. Peel and Place Dressing serves as a combined dressing and drape system. The single-use dressing remains effective for seven days while taking less than two minutes to apply. The dressing incorporates a built-in perforated layer that prevents tissue from sticking to it which reduces pain experienced during dressing removal. In April 2024: The Swedish healthcare company Mölnlycke AB completed an acquisition of the Austrian firm P.G.F., which produces Granudacyn wound cleansing and moisturizing products. Industry Solutions GmbH. Through this purchase the company will enhance its range of wound cleansing and moisturizing products. In April 2024: The wound care industry leader Smith+Nephew introduced their lightweight and compact NPWT system known as the RENASYS EDGE Negative Pressure Wound Therapy (NPWT) System. The system entered the U.S. market as a treatment option for chronic wounds. Wound Care Market Report Scope Report Attribute Details Market size value in 2025 USD 24.08 billion Revenue forecast in 2030 USD 29.57 billion Growth rate CAGR of 4.19% from 2025 to 2030 Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends Segments covered By Product, By Application, By End-Use, By Mode of Purchase, By Distribution Channel, By Region Regional scope North America; Europe; Asia Pacific; Latin America; Middle East & Africa Key companies profiled Smith+Nephew, Convatec Group PLC, Mölnlycke Health Care AB, Baxter, DeRoyal Industries, Inc., Coloplast Corp, Medtronic, 3M, INTEGRA LIFESCIENCES, MIMEDX Group, Inc., Medline Industries, LP, Johnson & Johnson Services, Inc., B. Braun SE, Cardinal Health, Organogenesis Inc, URGO MEDICAL Frequently Asked Questions (FAQs): What is the market size of the Wound Care market in 2025?➢ The current market size of the Wound Care market is USD 24.08 billion in 2025. Who are the leading players in the Wound Care market?➢ The key players in the Wound Care market include, Smith+Nephew, Convatec Group PLC, Mölnlycke Health Care AB, Baxter, DeRoyal Industries, Inc., Coloplast Corp, Medtronic, 3M, INTEGRA LIFESCIENCES, MIMEDX Group, Inc., Medline Industries, LP, Johnson & Johnson Services, Inc., B. Braun SE, Cardinal Health, Organogenesis Inc, and URGO MEDICAL, among others. What are the major drivers for the Wound Care market? ➢ Rise in the prevalence of diseases and conditions that impact wound healing capabilities. Which is the largest region during the forecasted period in the Wound Care market?➢ The North American wound care market is expected to dominate the wound care market, as it is expected to represent more than 45.47% of global market revenues by 2024. Which is the largest segment, by product, during the forecasted period in the Wound Care market?➢ The advanced wound dressing segment holds a significant market share, accounting for over 34.96% of revenue in 2024 and is projected to exhibit the highest Compound Annual Growth Rate (CAGR) throughout the forecast period. Need A Diverse Region or Sector? Customize Research to Suit Your Requirement: Conclusion: The wound care industry worldwide is experiencing significant changes thanks to advancements in biotechnology and personalized medicine along with digital health technology integration. Chronic wounds along with surgical site infections and traumatic injuries in both aging populations and diabetic patients are increasing demand for novel and efficient wound treatment methods. The development of bioengineered skin substitutes and antimicrobial dressings alongside regenerative therapies transforms medical practice by accelerating wound healing and minimizing complications. AI-supported smart wound monitoring systems integrating real-time analytics lead to better clinical decision-making while improving treatment results. Remote wound care platforms through telehealth services enable professional care to reach underserved areas. Healthcare systems that emphasize value-based care and patient centered approaches require manufacturers and providers to develop wound care solutions that are both cost-effective and scalable while remaining flexible. The wound care market stands on the brink of persistent innovation and worldwide expansion due to the increasing impact of Industry 4.0 technology together with digital platforms and data-centric healthcare systems. The report from The Research Insights, therefore, provides several stakeholders—healthcare providers, hospitals and clinics, regulatory authorities, medical device manufacturers, insurance companies, and patients—with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities. With projected growth to US$ 29.57 billion by 2030, the Global Wound Care Market represents a significant opportunity for biotech startups, digital health companies, contract research organizations (CROs), academic research institutions, and venture capital firms, can position themselves for success in this dynamic and evolving market landscape. Check out more related studies published by The Research Insights: Wound Care Centers Market: The Global Wound Care Centers Market is expected to reach at USD 56.1 billion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 3.6% during the forecast period. This market is expected to continue growing driven by the escalating demand for specialized care. Wound Dressing Market: The Global Wound Dressing Market is expected to reach at USD 18.86 billion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 4.16% during the forecast period, driven by an increasing demand for effective treatments. Active Wound Care Market: The Global Active Wound Care Market is expected to reach at USD 2.2 billion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 4.7% during the forecast period. The growth is driven by technological advancements along with an ageing population and limitations of traditional wound healing methods which together with government support and a need for efficient chronic wound treatments create significant momentum. Acute Wound Care Market: The Global Acute Wound Care Market is expected to reach at USD 11.96 billion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 4.3% during the forecast period. The rise in surgical procedures worldwide is driving this growth, as more individuals are seeking medical attention for injuries and accidents. Chronic Wound Care Market: The Global Chronic Wound Care Market is expected to reach at USD 17.6 billion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 4.07% during the forecast period. Several factors lead to the upward trend such as higher incidents of sports injuries and diabetes together with lifestyle changes that result in more chronic wounds. Browse More related reports on Healthcare Industry Market Reports – About Us: The Research Insights provides thoroughly conducted research which is backed up by real-time statistics and data. Our experts are eager to help you with any information required under the sun. The key to our success is keeping abreast with the markets, industries, and ever-changing consumer trends that matter. Our market research professionals have in-depth knowledge and expertise across various domains that includes IT and Telecom, Emerging Technologies, Consumer Offerings, Manufacturing and Others. We are committed to reviewing the scope and procedure of the research studies that you select and provide you with an accurate guidance in order to assist you in taking the correct business decisions. Contact Us:If you have any queries about this report or if you would like further information, please contact us: Contact Person: Kaushik RoyE-mail: sales@ +1-312-313-8080Press Release: Latest News: | | Logo: View original content:
Yahoo
27-05-2025
- Business
- Yahoo
Wound Care Market Value worth $29.57 billion by 2030 - Exclusive Report by The Research Insights
CHICAGO, May 27, 2025 /PRNewswire/ -- The global Wound Care Market size is projected to be valued at USD 24.08 billion in 2025 and reach USD 29.57 billion by 2030, growing at a CAGR of 4.19% according to a new report by The Research Insights. The market of wound care is driven by the growing use of regenerative medicine along with product advancements in dressings (foam, hydrocolloid, collagen), devices (NPWT, debridement), biological skin substitutes, sutures, and staplers. The report runs an in-depth analysis of market trends, key players, and future opportunities. In general, the Wound Care Market growth of 4.19% comprises a vast array of, Product, Application, End-Use, Mode of Purchase, Distribution Channel, and Geography which are expected to register strength during the coming years. For More Information and To Stay Updated on The Latest Developments in The Global Wound Care Market Share, Download the Sample Pages: Market Overview and Growth Trajectory: Wound Care Market Growth: According to an exhaustive report by The Research Insights, the Wound Care Market is experiencing significant growth. The development of several key trends that are influencing the industry landscape. The growing elderly population worldwide along with more frequent traumatic injuries and surgical operations and higher rates of obesity and diabetes has resulted in more acute, chronic and surgical wounds developing over the last ten years. People suffering from diabetes or obesity experience more wounds while managing more complicated types of wounds including infections and chronic ulcers (leg or foot ulcers). The treatment of these wounds demands sophisticated wound management strategies which result in increased medical costs. Increasing Prevalence of Chronic and Acute Wounds: The global wound care market revenue expands primarily due to the increased occurrence of chronic wounds like diabetic foot ulcers and venous leg ulcers and pressure ulcers as well as acute wounds such as surgical incisions, burns, and traumatic injuries. The growing numbers of diabetes patients and obese individuals who both experiences compromised wound healing abilities have resulted in an increase in chronic wound conditions. The International Diabetes Federation reported that by 2050, 1 in 8 adults, approximately 853 million, will be living with diabetes, an increase of 46%. Foot ulcers in diabetic patients present significant risks including infections and possible amputations when they receive no treatment. The increasing number of older adults worldwide drives market expansion because aging people tend to develop chronic wounds due to less elastic skin and various health conditions combined with extended periods of immobility. The need for advanced wound care products rises due to post-surgical wounds as well as traumatic injuries caused by accidents and falls which require solutions that promote faster healing, pain reduction and infection protection. For Detailed Market Insights, Visit: Advancements in Wound Care Technologies and Products: The wound care industry is experiencing swift technological advancements which are yielding increasingly sophisticated and effective products. Advanced wound dressings including hydrocolloids, hydrogels, alginates, foam dressings, and silver-impregnated antimicrobial dressings deliver optimal moisture control along with exudate management and effective infection protection. Modern wound care products gain popularity compared to traditional gauze because they speed up healing and minimize complications. Bioactive therapeutic innovations such as growth factor-infused dressings, tissue-engineered skin substitutes, and platelet-rich plasma (PRP) treatments are transforming the medical market. The use of negative pressure wound therapy (NPWT) devices that promote blood circulation and tissue recovery has grown common in both hospital and home care environments. Digital wound monitoring alongside telemedicine and artificial intelligence (AI) for wound assessment and personalized treatment plans boosts treatment effectiveness and accessibility. The latest medical technologies deliver better patient healing results while cutting healthcare expenses through reduced recovery durations and fewer hospital admissions. Healthcare costs continue to increase as international attention turns toward better patient outcomes: Healthcare infrastructure development and wound management services receive growing financial support from both public and private sectors. Worldwide governments are directing increased resources toward chronic disease management and postoperative care because they understand that untreated wounds can cause serious complications which extend hospital stays and escalate treatment costs. The reimbursement policies of the U.S., U.K., Germany, and Japan create financial support for advanced wound care products which drives their implementation in clinical environments. The growth of healthcare access in emerging markets due to universal health coverage programs and private sector investments leads to higher demand for wound care products. Medical facilities including hospitals and outpatient clinics along with homecare providers are enhancing their wound care management abilities. Patients and caregivers who understand the importance of correct wound management are now more inclined to choose professional care solutions together with over-the-counter products for healing wounds. Moving from reactive approaches to proactive wound care opens sustainable growth possibilities within the healthcare system. Stay Updated on The Latest Wound Care Market Trends: Geographical Insights: The North American wound care market trends shows strong growth prospects as it is expected to represent more than 45.47% of global market revenues by 2024. The expanding population in the United States is responsible for this market trend since a growing number of healthcare requirements along with an aging population creates great need for efficient wound care treatments. Market growth will accelerate because seniors who face increased wound risks due to age-related vulnerabilities make up a rising share of the population, and Statistics Canada predicts that people aged 65 and up will represent 21.9% to 32.3% of the total population by 2073 compared to 18.9% in 2023. The European wound care market will experience significant growth over the upcoming years thanks to rising surgical procedures alongside better awareness of wound management practices. The wound care sector anticipates accelerated growth because investments and funding opportunities for industry companies continue to increase. The Asia Pacific Wound Care Market shows potential for significant growth due to the rising need for advanced treatments and products across this area. The expanding demand for wound care solutions in Southeast Asian nations including Indonesia, Malaysia, and Singapore drives this market growth. The growing healthcare spending in these nations will likely drive additional market progress. The sizable populations of India, China and Japan present significant opportunities for market growth in the coming period due to the demand for improved wound management solutions. The wound care industry in this region is projected to achieve significant growth throughout the anticipated time period. Global Wound Care Market Segmentation and Geographical Insights: Based on Product, the wound care market share is divided into Advanced Wound Dressing, Surgical Wound Care, Traditional Wound Care, and Wound Therapy Devices. The advanced wound dressing segment holds a significant market share, accounting for over 34.96% of revenue in 2024 and is projected to exhibit the highest Compound Annual Growth Rate (CAGR) throughout the forecast period. Based on Application, the wound care market size is divided into Chronic Wounds, and Acute Wounds. The chronic wounds segment accounted for approximately 59.84% of the market share as of 2024, driven by a growing geriatric population and increasing prevalence of diabetic foot ulcers, venous pressure ulcers, and other chronic wounds. Based on End Use, the wound care market revenue is divided into Hospitals, Specialty Clinics, Home Healthcare, Physician's Office, Nursing Homes, and Others. The healthcare sector has emerged as a dominant force in the wound care market, accounting for approximately 36.30% of total sales in 2024. Based on Mode of Purchase, the wound care market analysis is divided into Prescribed, and Non-prescribed (OTC). The prescribed segment is poised for significant growth, driven by an anticipated CAGR of 4.95% over the forecast period. Based on Distribution Channel, the wound care market value is divided into Institutional Sales, and Retail Sales. The institutional sales segment has been the dominating the market landscape in 2024. The Wound Care Market Share is segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Purchase Premium Copy of Global Wound Care Market Size and Growth Report (2025-2030) at: Key Players and Competitive Landscape: The Global Wound Care Market Share is characterized by the presence of several major players, including: Smith+Nephew Convatec Group PLC Mölnlycke Health Care AB Baxter DeRoyal Industries, Inc. Coloplast Corp Medtronic 3M INTEGRA LIFESCIENCES Medline Industries, LP Johnson & Johnson Services, Inc. B. Braun SE MIMEDX Group, Inc. Cardinal Health Organogenesis Inc URGO MEDICAL These companies are adopting strategies such as new product launches, joint ventures, and geographical expansion to maintain their competitive edge in the market. For Region-Specific Market Data, Check Out Brief Sample Pages: Global Wound Care Market Recent Developments and Innovations: In March 2025: Mölnlycke Health Care acquired P.G.F. Industry Solutions GmbH produces the Granudacyn product line which offers wound cleansing and moisturising solutions. In September 2024: The healthcare company Solventum introduced their new V.A.C. Peel and Place Dressing in September 2024. The V.A.C. Peel and Place Dressing serves as a combined dressing and drape system. The single-use dressing remains effective for seven days while taking less than two minutes to apply. The dressing incorporates a built-in perforated layer that prevents tissue from sticking to it which reduces pain experienced during dressing removal. In April 2024: The Swedish healthcare company Mölnlycke AB completed an acquisition of the Austrian firm P.G.F., which produces Granudacyn wound cleansing and moisturizing products. Industry Solutions GmbH. Through this purchase the company will enhance its range of wound cleansing and moisturizing products. In April 2024: The wound care industry leader Smith+Nephew introduced their lightweight and compact NPWT system known as the RENASYS EDGE Negative Pressure Wound Therapy (NPWT) System. The system entered the U.S. market as a treatment option for chronic wounds. Wound Care Market Report Scope Report Attribute Details Market size value in 2025 USD 24.08 billion Revenue forecast in 2030 USD 29.57 billion Growth rate CAGR of 4.19% from 2025 to 2030 Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends Segments covered By Product, By Application, By End-Use, By Mode of Purchase, By Distribution Channel, By Region Regional scope North America; Europe; Asia Pacific; Latin America; Middle East & Africa Key companies profiled Smith+Nephew, Convatec Group PLC, Mölnlycke Health Care AB, Baxter, DeRoyal Industries, Inc., Coloplast Corp, Medtronic, 3M, INTEGRA LIFESCIENCES, MIMEDX Group, Inc., Medline Industries, LP, Johnson & Johnson Services, Inc., B. Braun SE, Cardinal Health, Organogenesis Inc, URGO MEDICAL Frequently Asked Questions (FAQs): What is the market size of the Wound Care market in 2025?➢ The current market size of the Wound Care market is USD 24.08 billion in 2025. Who are the leading players in the Wound Care market?➢ The key players in the Wound Care market include, Smith+Nephew, Convatec Group PLC, Mölnlycke Health Care AB, Baxter, DeRoyal Industries, Inc., Coloplast Corp, Medtronic, 3M, INTEGRA LIFESCIENCES, MIMEDX Group, Inc., Medline Industries, LP, Johnson & Johnson Services, Inc., B. Braun SE, Cardinal Health, Organogenesis Inc, and URGO MEDICAL, among others. What are the major drivers for the Wound Care market? ➢ Rise in the prevalence of diseases and conditions that impact wound healing capabilities. Which is the largest region during the forecasted period in the Wound Care market?➢ The North American wound care market is expected to dominate the wound care market, as it is expected to represent more than 45.47% of global market revenues by 2024. Which is the largest segment, by product, during the forecasted period in the Wound Care market?➢ The advanced wound dressing segment holds a significant market share, accounting for over 34.96% of revenue in 2024 and is projected to exhibit the highest Compound Annual Growth Rate (CAGR) throughout the forecast period. Need A Diverse Region or Sector? Customize Research to Suit Your Requirement: Conclusion: The wound care industry worldwide is experiencing significant changes thanks to advancements in biotechnology and personalized medicine along with digital health technology integration. Chronic wounds along with surgical site infections and traumatic injuries in both aging populations and diabetic patients are increasing demand for novel and efficient wound treatment methods. The development of bioengineered skin substitutes and antimicrobial dressings alongside regenerative therapies transforms medical practice by accelerating wound healing and minimizing complications. AI-supported smart wound monitoring systems integrating real-time analytics lead to better clinical decision-making while improving treatment results. Remote wound care platforms through telehealth services enable professional care to reach underserved areas. Healthcare systems that emphasize value-based care and patient centered approaches require manufacturers and providers to develop wound care solutions that are both cost-effective and scalable while remaining flexible. The wound care market stands on the brink of persistent innovation and worldwide expansion due to the increasing impact of Industry 4.0 technology together with digital platforms and data-centric healthcare systems. The report from The Research Insights, therefore, provides several stakeholders—healthcare providers, hospitals and clinics, regulatory authorities, medical device manufacturers, insurance companies, and patients—with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities. With projected growth to US$ 29.57 billion by 2030, the Global Wound Care Market represents a significant opportunity for biotech startups, digital health companies, contract research organizations (CROs), academic research institutions, and venture capital firms, can position themselves for success in this dynamic and evolving market landscape. Check out more related studies published by The Research Insights: Wound Care Centers Market: The Global Wound Care Centers Market is expected to reach at USD 56.1 billion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 3.6% during the forecast period. This market is expected to continue growing driven by the escalating demand for specialized care. Wound Dressing Market: The Global Wound Dressing Market is expected to reach at USD 18.86 billion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 4.16% during the forecast period, driven by an increasing demand for effective treatments. Active Wound Care Market: The Global Active Wound Care Market is expected to reach at USD 2.2 billion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 4.7% during the forecast period. The growth is driven by technological advancements along with an ageing population and limitations of traditional wound healing methods which together with government support and a need for efficient chronic wound treatments create significant momentum. Acute Wound Care Market: The Global Acute Wound Care Market is expected to reach at USD 11.96 billion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 4.3% during the forecast period. The rise in surgical procedures worldwide is driving this growth, as more individuals are seeking medical attention for injuries and accidents. Chronic Wound Care Market: The Global Chronic Wound Care Market is expected to reach at USD 17.6 billion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 4.07% during the forecast period. Several factors lead to the upward trend such as higher incidents of sports injuries and diabetes together with lifestyle changes that result in more chronic wounds. Browse More related reports on Healthcare Industry Market Reports – About Us: The Research Insights provides thoroughly conducted research which is backed up by real-time statistics and data. Our experts are eager to help you with any information required under the sun. The key to our success is keeping abreast with the markets, industries, and ever-changing consumer trends that matter. Our market research professionals have in-depth knowledge and expertise across various domains that includes IT and Telecom, Emerging Technologies, Consumer Offerings, Manufacturing and Others. We are committed to reviewing the scope and procedure of the research studies that you select and provide you with an accurate guidance in order to assist you in taking the correct business decisions. Contact Us:If you have any queries about this report or if you would like further information, please contact us: Contact Person: Kaushik RoyE-mail: sales@ +1-312-313-8080Press Release: Latest News: | | Logo: View original content: SOURCE The Research Insights Sign in to access your portfolio
Yahoo
27-05-2025
- Business
- Yahoo
Wound Care Market Value worth $29.57 billion by 2030 - Exclusive Report by The Research Insights
CHICAGO, May 27, 2025 /PRNewswire/ -- The global Wound Care Market size is projected to be valued at USD 24.08 billion in 2025 and reach USD 29.57 billion by 2030, growing at a CAGR of 4.19% according to a new report by The Research Insights. The market of wound care is driven by the growing use of regenerative medicine along with product advancements in dressings (foam, hydrocolloid, collagen), devices (NPWT, debridement), biological skin substitutes, sutures, and staplers. The report runs an in-depth analysis of market trends, key players, and future opportunities. In general, the Wound Care Market growth of 4.19% comprises a vast array of, Product, Application, End-Use, Mode of Purchase, Distribution Channel, and Geography which are expected to register strength during the coming years. For More Information and To Stay Updated on The Latest Developments in The Global Wound Care Market Share, Download the Sample Pages: Market Overview and Growth Trajectory: Wound Care Market Growth: According to an exhaustive report by The Research Insights, the Wound Care Market is experiencing significant growth. The development of several key trends that are influencing the industry landscape. The growing elderly population worldwide along with more frequent traumatic injuries and surgical operations and higher rates of obesity and diabetes has resulted in more acute, chronic and surgical wounds developing over the last ten years. People suffering from diabetes or obesity experience more wounds while managing more complicated types of wounds including infections and chronic ulcers (leg or foot ulcers). The treatment of these wounds demands sophisticated wound management strategies which result in increased medical costs. Increasing Prevalence of Chronic and Acute Wounds: The global wound care market revenue expands primarily due to the increased occurrence of chronic wounds like diabetic foot ulcers and venous leg ulcers and pressure ulcers as well as acute wounds such as surgical incisions, burns, and traumatic injuries. The growing numbers of diabetes patients and obese individuals who both experiences compromised wound healing abilities have resulted in an increase in chronic wound conditions. The International Diabetes Federation reported that by 2050, 1 in 8 adults, approximately 853 million, will be living with diabetes, an increase of 46%. Foot ulcers in diabetic patients present significant risks including infections and possible amputations when they receive no treatment. The increasing number of older adults worldwide drives market expansion because aging people tend to develop chronic wounds due to less elastic skin and various health conditions combined with extended periods of immobility. The need for advanced wound care products rises due to post-surgical wounds as well as traumatic injuries caused by accidents and falls which require solutions that promote faster healing, pain reduction and infection protection. For Detailed Market Insights, Visit: Advancements in Wound Care Technologies and Products: The wound care industry is experiencing swift technological advancements which are yielding increasingly sophisticated and effective products. Advanced wound dressings including hydrocolloids, hydrogels, alginates, foam dressings, and silver-impregnated antimicrobial dressings deliver optimal moisture control along with exudate management and effective infection protection. Modern wound care products gain popularity compared to traditional gauze because they speed up healing and minimize complications. Bioactive therapeutic innovations such as growth factor-infused dressings, tissue-engineered skin substitutes, and platelet-rich plasma (PRP) treatments are transforming the medical market. The use of negative pressure wound therapy (NPWT) devices that promote blood circulation and tissue recovery has grown common in both hospital and home care environments. Digital wound monitoring alongside telemedicine and artificial intelligence (AI) for wound assessment and personalized treatment plans boosts treatment effectiveness and accessibility. The latest medical technologies deliver better patient healing results while cutting healthcare expenses through reduced recovery durations and fewer hospital admissions. Healthcare costs continue to increase as international attention turns toward better patient outcomes: Healthcare infrastructure development and wound management services receive growing financial support from both public and private sectors. Worldwide governments are directing increased resources toward chronic disease management and postoperative care because they understand that untreated wounds can cause serious complications which extend hospital stays and escalate treatment costs. The reimbursement policies of the U.S., U.K., Germany, and Japan create financial support for advanced wound care products which drives their implementation in clinical environments. The growth of healthcare access in emerging markets due to universal health coverage programs and private sector investments leads to higher demand for wound care products. Medical facilities including hospitals and outpatient clinics along with homecare providers are enhancing their wound care management abilities. Patients and caregivers who understand the importance of correct wound management are now more inclined to choose professional care solutions together with over-the-counter products for healing wounds. Moving from reactive approaches to proactive wound care opens sustainable growth possibilities within the healthcare system. Stay Updated on The Latest Wound Care Market Trends: Geographical Insights: The North American wound care market trends shows strong growth prospects as it is expected to represent more than 45.47% of global market revenues by 2024. The expanding population in the United States is responsible for this market trend since a growing number of healthcare requirements along with an aging population creates great need for efficient wound care treatments. Market growth will accelerate because seniors who face increased wound risks due to age-related vulnerabilities make up a rising share of the population, and Statistics Canada predicts that people aged 65 and up will represent 21.9% to 32.3% of the total population by 2073 compared to 18.9% in 2023. The European wound care market will experience significant growth over the upcoming years thanks to rising surgical procedures alongside better awareness of wound management practices. The wound care sector anticipates accelerated growth because investments and funding opportunities for industry companies continue to increase. The Asia Pacific Wound Care Market shows potential for significant growth due to the rising need for advanced treatments and products across this area. The expanding demand for wound care solutions in Southeast Asian nations including Indonesia, Malaysia, and Singapore drives this market growth. The growing healthcare spending in these nations will likely drive additional market progress. The sizable populations of India, China and Japan present significant opportunities for market growth in the coming period due to the demand for improved wound management solutions. The wound care industry in this region is projected to achieve significant growth throughout the anticipated time period. Global Wound Care Market Segmentation and Geographical Insights: Based on Product, the wound care market share is divided into Advanced Wound Dressing, Surgical Wound Care, Traditional Wound Care, and Wound Therapy Devices. The advanced wound dressing segment holds a significant market share, accounting for over 34.96% of revenue in 2024 and is projected to exhibit the highest Compound Annual Growth Rate (CAGR) throughout the forecast period. Based on Application, the wound care market size is divided into Chronic Wounds, and Acute Wounds. The chronic wounds segment accounted for approximately 59.84% of the market share as of 2024, driven by a growing geriatric population and increasing prevalence of diabetic foot ulcers, venous pressure ulcers, and other chronic wounds. Based on End Use, the wound care market revenue is divided into Hospitals, Specialty Clinics, Home Healthcare, Physician's Office, Nursing Homes, and Others. The healthcare sector has emerged as a dominant force in the wound care market, accounting for approximately 36.30% of total sales in 2024. Based on Mode of Purchase, the wound care market analysis is divided into Prescribed, and Non-prescribed (OTC). The prescribed segment is poised for significant growth, driven by an anticipated CAGR of 4.95% over the forecast period. Based on Distribution Channel, the wound care market value is divided into Institutional Sales, and Retail Sales. The institutional sales segment has been the dominating the market landscape in 2024. The Wound Care Market Share is segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Purchase Premium Copy of Global Wound Care Market Size and Growth Report (2025-2030) at: Key Players and Competitive Landscape: The Global Wound Care Market Share is characterized by the presence of several major players, including: Smith+Nephew Convatec Group PLC Mölnlycke Health Care AB Baxter DeRoyal Industries, Inc. Coloplast Corp Medtronic 3M INTEGRA LIFESCIENCES Medline Industries, LP Johnson & Johnson Services, Inc. B. Braun SE MIMEDX Group, Inc. Cardinal Health Organogenesis Inc URGO MEDICAL These companies are adopting strategies such as new product launches, joint ventures, and geographical expansion to maintain their competitive edge in the market. For Region-Specific Market Data, Check Out Brief Sample Pages: Global Wound Care Market Recent Developments and Innovations: In March 2025: Mölnlycke Health Care acquired P.G.F. Industry Solutions GmbH produces the Granudacyn product line which offers wound cleansing and moisturising solutions. In September 2024: The healthcare company Solventum introduced their new V.A.C. Peel and Place Dressing in September 2024. The V.A.C. Peel and Place Dressing serves as a combined dressing and drape system. The single-use dressing remains effective for seven days while taking less than two minutes to apply. The dressing incorporates a built-in perforated layer that prevents tissue from sticking to it which reduces pain experienced during dressing removal. In April 2024: The Swedish healthcare company Mölnlycke AB completed an acquisition of the Austrian firm P.G.F., which produces Granudacyn wound cleansing and moisturizing products. Industry Solutions GmbH. Through this purchase the company will enhance its range of wound cleansing and moisturizing products. In April 2024: The wound care industry leader Smith+Nephew introduced their lightweight and compact NPWT system known as the RENASYS EDGE Negative Pressure Wound Therapy (NPWT) System. The system entered the U.S. market as a treatment option for chronic wounds. Wound Care Market Report Scope Report Attribute Details Market size value in 2025 USD 24.08 billion Revenue forecast in 2030 USD 29.57 billion Growth rate CAGR of 4.19% from 2025 to 2030 Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends Segments covered By Product, By Application, By End-Use, By Mode of Purchase, By Distribution Channel, By Region Regional scope North America; Europe; Asia Pacific; Latin America; Middle East & Africa Key companies profiled Smith+Nephew, Convatec Group PLC, Mölnlycke Health Care AB, Baxter, DeRoyal Industries, Inc., Coloplast Corp, Medtronic, 3M, INTEGRA LIFESCIENCES, MIMEDX Group, Inc., Medline Industries, LP, Johnson & Johnson Services, Inc., B. Braun SE, Cardinal Health, Organogenesis Inc, URGO MEDICAL Frequently Asked Questions (FAQs): What is the market size of the Wound Care market in 2025?➢ The current market size of the Wound Care market is USD 24.08 billion in 2025. Who are the leading players in the Wound Care market?➢ The key players in the Wound Care market include, Smith+Nephew, Convatec Group PLC, Mölnlycke Health Care AB, Baxter, DeRoyal Industries, Inc., Coloplast Corp, Medtronic, 3M, INTEGRA LIFESCIENCES, MIMEDX Group, Inc., Medline Industries, LP, Johnson & Johnson Services, Inc., B. Braun SE, Cardinal Health, Organogenesis Inc, and URGO MEDICAL, among others. What are the major drivers for the Wound Care market? ➢ Rise in the prevalence of diseases and conditions that impact wound healing capabilities. Which is the largest region during the forecasted period in the Wound Care market?➢ The North American wound care market is expected to dominate the wound care market, as it is expected to represent more than 45.47% of global market revenues by 2024. Which is the largest segment, by product, during the forecasted period in the Wound Care market?➢ The advanced wound dressing segment holds a significant market share, accounting for over 34.96% of revenue in 2024 and is projected to exhibit the highest Compound Annual Growth Rate (CAGR) throughout the forecast period. Need A Diverse Region or Sector? Customize Research to Suit Your Requirement: Conclusion: The wound care industry worldwide is experiencing significant changes thanks to advancements in biotechnology and personalized medicine along with digital health technology integration. Chronic wounds along with surgical site infections and traumatic injuries in both aging populations and diabetic patients are increasing demand for novel and efficient wound treatment methods. The development of bioengineered skin substitutes and antimicrobial dressings alongside regenerative therapies transforms medical practice by accelerating wound healing and minimizing complications. AI-supported smart wound monitoring systems integrating real-time analytics lead to better clinical decision-making while improving treatment results. Remote wound care platforms through telehealth services enable professional care to reach underserved areas. Healthcare systems that emphasize value-based care and patient centered approaches require manufacturers and providers to develop wound care solutions that are both cost-effective and scalable while remaining flexible. The wound care market stands on the brink of persistent innovation and worldwide expansion due to the increasing impact of Industry 4.0 technology together with digital platforms and data-centric healthcare systems. The report from The Research Insights, therefore, provides several stakeholders—healthcare providers, hospitals and clinics, regulatory authorities, medical device manufacturers, insurance companies, and patients—with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities. With projected growth to US$ 29.57 billion by 2030, the Global Wound Care Market represents a significant opportunity for biotech startups, digital health companies, contract research organizations (CROs), academic research institutions, and venture capital firms, can position themselves for success in this dynamic and evolving market landscape. Check out more related studies published by The Research Insights: Wound Care Centers Market: The Global Wound Care Centers Market is expected to reach at USD 56.1 billion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 3.6% during the forecast period. This market is expected to continue growing driven by the escalating demand for specialized care. Wound Dressing Market: The Global Wound Dressing Market is expected to reach at USD 18.86 billion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 4.16% during the forecast period, driven by an increasing demand for effective treatments. Active Wound Care Market: The Global Active Wound Care Market is expected to reach at USD 2.2 billion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 4.7% during the forecast period. The growth is driven by technological advancements along with an ageing population and limitations of traditional wound healing methods which together with government support and a need for efficient chronic wound treatments create significant momentum. Acute Wound Care Market: The Global Acute Wound Care Market is expected to reach at USD 11.96 billion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 4.3% during the forecast period. The rise in surgical procedures worldwide is driving this growth, as more individuals are seeking medical attention for injuries and accidents. Chronic Wound Care Market: The Global Chronic Wound Care Market is expected to reach at USD 17.6 billion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 4.07% during the forecast period. Several factors lead to the upward trend such as higher incidents of sports injuries and diabetes together with lifestyle changes that result in more chronic wounds. Browse More related reports on Healthcare Industry Market Reports – About Us: The Research Insights provides thoroughly conducted research which is backed up by real-time statistics and data. Our experts are eager to help you with any information required under the sun. The key to our success is keeping abreast with the markets, industries, and ever-changing consumer trends that matter. Our market research professionals have in-depth knowledge and expertise across various domains that includes IT and Telecom, Emerging Technologies, Consumer Offerings, Manufacturing and Others. We are committed to reviewing the scope and procedure of the research studies that you select and provide you with an accurate guidance in order to assist you in taking the correct business decisions. Contact Us:If you have any queries about this report or if you would like further information, please contact us: Contact Person: Kaushik RoyE-mail: sales@ +1-312-313-8080Press Release: Latest News: | | Logo: View original content: SOURCE The Research Insights Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Zawya
27-05-2025
- Business
- Zawya
Starkey MEA amplifies awareness on hearing loss in MENA region as globally 2.5 billion are at risk
Dubai, UAE: In recognition of 'Better Hearing and Speech Month', Starkey MEA is urging families and healthcare providers across the Middle East and Africa to prioritize hearing health. To spotlight this often-overlooked issue, Starkey MEA is associating with Dr. Mohamed Ali Eltom, Chairman of International Diabetes Federation for MENA region and hearing loss patient —not only as a renowned physician, but as someone who has personally navigated the challenges of hearing loss. The global hearing health crisis is growing. By 2050, an estimated 2.5 billion people will experience some form of hearing loss, according to the World Health Organization. Over 700 million will need access to hearing rehabilitation. Yet across the region, millions remain undiagnosed, untreated, and underserved—impacting not just individual quality of life, but economic productivity, cognitive health, and social well-being. 'Your ears don't often get the same attention as your eyes or heart, but they are just as vital,' said Giscard Bechara, Regional Director, MEA, Starkey Laboratories Inc. 'Untreated hearing loss has been linked to cognitive decline, depression, and even increased risk of dementia. But with a simple test, that trajectory can change.' 'I began to struggle in meetings and international conferences. At first, I blamed background noise or fatigue. But eventually, I realized I was missing key parts of conversations—professionally and personally,' said Dr. Eltom. 'Getting my hearing checked changed everything. As both a doctor and a patient, I can say: early detection is not just helpful, it's essential.' Hearing loss often develops so gradually that many individuals may overlook the early signs or attribute them to other causes. Common indicators include frequently asking others to repeat themselves, turning up the volume on the television or phone to uncomfortable levels, feeling unusually fatigued after conversations, struggling to hear high-pitched sounds or distinguish consonants, and withdrawing from social or professional settings due to communication challenges. The economic cost of unaddressed hearing loss is estimated at nearly $1 trillion annually. Yet many people in the Middle East and Africa delay getting tested due to stigma, lack of access, or the misconception that hearing loss is only a problem for the elderly. 'This is about dignity, connection, and health equity,' Dr. Eltom added. 'We must normalize hearing care as part of standard health routines—across every age group.' 'What you can do today to take charge of your hearing health is simple yet impactful. Patients can start by booking a hearing screening at their nearest clinic or hearing care center. Encourage older family members, friends, or colleagues to do the same, as early detection can make a significant difference. Better hearing leads to better living. And there's no better time to begin than now,' Bechara concluded. About Starkey Laboratories Inc. Starkey is a privately held, global hearing technology company headquartered in Eden Prairie, Minnesota. Founded by Bill Austin in 1967, Starkey is known for its innovative design, development, and distribution of comprehensive digital hearing systems. Led today by President and CEO Brandon Sawalich, Starkey is the only American-owned provider of hearing technologies. The company has more than 5,000 employees, operates 29 facilities and does business in more than 100 markets worldwide. Learn more at and Media contact: Hadia Eltom, Marketing Manager | Starkey MEA FZCO Dubai Airport Freezone 4Wb - G44 | Dubai | United Arab Emirates