Care Providers' Hesitancy to Adopt New Technologies Restraining Advanced Dressings Market.Business Editors/Health/Medical Writers PALO ALTO Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , Calif.--(BUSINESS WIRE)--Jan. 13, 2004 The world wound care market holds significant potential in terms of financial growth and technological advancement. However, the reluctance of care providers to adopt new technologies is hampering market development. Advanced wound dressings provide a moist moist having a moderate moisture content, slightly wet to the touch. moist dermatitis see moist dermatitis of rabbits. moist grain storage grain stored at about 30% moisture in airtight silos. wound-healing environment, which is more conducive con·du·cive adj. Tending to cause or bring about; contributive: working conditions not conducive to productivity. See Synonyms at favorable. to healing than the traditional dry environment. Despite this, traditional methods continue to dominate the global market. New analysis from Frost & Sullivan (http://www.medicaldevices.frost.com), Strategic Analysis of Global Wound Care Markets, reveals that this market generated revenues totaling $3580.0 million in 2002. The total market revenue expects to reach $6423.2 million in 2009. If you are interested in an analysis overview which provide manufacturers, end-users and other industry participants an overview, summary, challenges and latest coverage of the Global Wound Care Market -- then send an email to Danielle White Danielle Marie White (born February 2, 1992 in Cincinnati, Ohio) is an American singer who was raised in Bradenton, Florida. In 2003, White appeared on the reality television series American Juniors -- Healthcare Media Relations Executive at dwhite@frost.com with the following information: Full name, Company Name, Title, Contact Tel Number, Contact Fax Number, Email. Upon receipt of the above information, an overview will be emailed to you. "Clinicians have the tendency to adhere to adhere to verb 1. follow, keep, maintain, respect, observe, be true, fulfil, obey, heed, keep to, abide by, be loyal, mind, be constant, be faithful 2. procedures they are comfortable with and usually do not experiment with new products or technologies unless the need for change becomes imperative," observes Frost & Sullivan Research Analyst Minakshi Krishnan. While manufacturers usually hold educational/training sessions to highlight the advantages of new products to care providers, severe budgetary constraints CONSTRAINTS - A language for solving constraints using value inference. ["CONSTRAINTS: A Language for Expressing Almost-Hierarchical Descriptions", G.J. Sussman et al, Artif Intell 14(1):1-39 (Aug 1980)]. make such endeavors increasingly difficult. As a result, direct interaction between manufacturers and care providers is restricted and the uptake uptake /up·take/ (up´tak) absorption and incorporation of a substance by living tissue. up·take n. of new products remains low. Patient acceptance results from care providers, thus, this is critical for manufacturers if they hope for product acceptance. In addition, the difficulty of obtaining approval from regulatory organizations is driving manufacturers to focus on hybrid product development rather than on primary research. Majority of new products in the market either combine existing technologies or are enhanced versions of currently available products. This leads to low product differentiation Product Differentiation A source of competitive advantage that depends on producing some item that is regarded to have unique and valuable characteristics. , increased competitive pricing, and ultimately, a lowering of total market revenue. Stronger emphasis on R&D and particular attention to primary research can help companies gain market share. In the future, the global wound care dressings market is expected to grow rapidly with advanced dressings forecast to expand much faster in regions such as the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Europe where the reimbursement Reimbursement Payment made to someone for out-of-pocket expenses has incurred. infrastructure is stronger. "Advancement in technology, emphasis on efficient healing methods, an aging population, and increasing patient awareness are keen drivers for the advanced wound dressings market," notes Krishnan. In other regions, factors such as the high cost of advanced dressings and the reluctance of care providers expect to sustain the demand for traditional dressings for a longer period. The Strategic Analysis of Global Wound Care Markets, a part of the Wound Care Subscription, offers insights in the traditional and advanced wound dressings markets worldwide. It analyzes future revenues and the distinct shift toward advanced wound dressings in developed countries. The research also identifies the key challenges facing the industry and strategies to overcome them. Interviews are available to the press. Frost & Sullivan, an international growth consultancy, has been supporting clients' expansion for more than four decades. Our market expertise covers a broad spectrum of industries, while our portfolio of advisory competencies includes custom strategic consulting, market intelligence, and management training. Our mission is to forge partnerships with our clients' management teams to deliver market insights and to create value and drive growth through innovative approaches. Frost & Sullivan's network of consultants, industry experts, corporate trainers A corporate trainer is a specialized skill development position in a corporation where the goal is to help improve the "soft skills" or "people skills" of the workers in the corporation. , and support staff spans the globe with offices in every major country around the world. Strategic Analysis of Global Wound Care Markets A644 Keywords in this release: wound care, advanced wound dressings, moist healing environment healing environment, n any circumstances that promote recovery from people in the direction of wholeness and healing. , and efficient healing. |
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