Global Wound Care Market Research Report: Forecast (2023-2028)

By Product (Advanced Wound Dressings, Surgical Wound Care, Traditional Wound Care Products, Wound Therapy Devices), By Application (Chronic Wounds, Acute Wounds), By End-Use (Hospi...tals, Homecare, Other), By Region (North America, South America, Europe, Middle East & Africa, Asia-Pacific), By Company (3M Company, AnchorCardinal Health, Medtronic Plc, AnchorSmith & Nephew Plc, Molnlycke Health Care AB, Ethicon [Johnson & Johnson], Baxter International, Urgo Medical, Derma Sciences [Integra Lifesciences], B. Braun Melsungen AG, Advancis Medical, Coloplast Corp., Convatec Group PLC, Paul Hartmann AG., Bioventus) Read more

  • Healthcare
  • Jul 2023
  • 196
  • HC22126

Market Definition

Wound care is the medical management & treatment of wounds to promote healing, prevent complications, and restore the affected area to its optimal functioning state. Wounds can arise from various causes like trauma, surgical procedures, chronic conditions, or underlying health issues. The prime motive of wound care is to facilitate the healing process, minimize pain, prevent infection, and promote the growth of new tissue.

Market Insights & Analysis: Global Wound Care Market (2023-28)

The Global Wound Care Market is anticipated to grow at a CAGR of around 5.3% during the forecast period, i.e., 2023-28. The growth of the market would be propelled mainly by the burgeoning incidence of chronic wounds worldwide, including diabetic foot ulcers, venous ulcers, pressure ulcers, etc., coupled with the growing elderly population that has slow healing abilities and the increasing number of patients with diabetes & obesity. As a result, there's an ever-increasing need for effective treatments for complex wounds, i.e., driving the wound care industry globally.

Moreover, the rising number of surgical procedures worldwide, the subsequent surge in the cases of surgical wounds & infections, and significant advancements in the healthcare sector owing to massive investments by governments & public/private sectors are other prominent aspects projected to boost the market in the future. Furthermore, the rising number of injuries due to road accidents, burns, & trauma is also accelerating the market expansion, as wounds formed due to road accidents result in tissue loss, which increases the healing time and, in turn, instigates the need for collagens, foams, & combination dressings with antimicrobials.

Report Coverage Details
Study Period Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR (2023-2028) 5.3%
Regions Covered North America: US, Canada, Mexico
Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
South America: Brazil, Argentina, Rest of South America
Middle East & Africa: UAE, Saudi Arabia, South Africa, Rest of MEA
Key Companies Profiled 3M Company, AnchorCardinal Health, Medtronic Plc, AnchorSmith & Nephew Plc, Molnlycke Health Care AB, Ethicon [Johnson & Johnson], Baxter International, Urgo Medical, Derma Sciences [Integra Lifesciences], B. Braun Melsungen AG, Advancis Medical, Coloplast Corp., Convatec Group PLC, Paul Hartmann AG., Bioventus
Unit Denominations USD Million/Billion

 

Many companies operating in the industry are carrying out mergers, acquisitions, & partnerships in order to extend their business, particularly in emerging regions. Newer modalities like hydro-fibers, wound contact layers, & superabsorbents are emerging as promising growth opportunities for these companies to yield significant profits in the future. Additionally, various education & training programs, conferences, and the dissemination of evidence-based practices are raising awareness about the importance of proper wound care management, i.e., leading to the rapidly increasing adoption of advanced wound care products & therapies. Hence, these aspects are set to create lucrative prospects for the global wound care market to expand significantly over the coming years.




Global Wound Care Market Driver:

Rising Prevalence of Acute & Chronic Wounds Worldwide: The growing incidence of diabetic foot ulcers, venous leg ulcers, surgical & traumatic wounds, burns, as well as surgical site infections is projected to drive the Global Wound Care Market during 2023-28. Moreover, increasing R&D investments and the advent of technologically advanced wound healing products are also anticipated to boost the adoption of wound dressings & active therapies for the treatment of acute & chronic wounds worldwide and, in turn, spur growth in the wound care industry over the coming years.

Global Wound Care Market Growth Restraint:

High Costs of Advanced Wound Care Products: Compared to traditional wound care options, advanced wound care products, such as bioactive dressings, NPWT (negative pressure wound therapy) systems, and growth factors, can be expensive for patients, especially in cost-sensitive regions. The high cost of these products may limit their adoption, particularly in areas with limited healthcare budgets or where reimbursement policies do not adequately cover the expenses. In addition, the costs of these treatments rise further as the wound becomes chronic. Hence, these aspects would act as the most prominent growth restraints for the Global Wound Care Market during 2023-28.

Global Wound Care Market (2023-28): Segmentation Analysis

The Global Wound Care Market study from MarkNtel Advisors analyzes the major trends in each sub-segment and includes predictions for the period 2023–28 at the global, regional, and national levels. The market has been segmented in our analysis based on product & application.

Based on Product:

  • Advanced Wound Dressings
    • Foam Dressings
    • Hydrocolloid Dressings
    • Film Dressings
    • Alginate Dressings
    • Hydrogel Dressings
    • Collagen Dressings
    • Other Advanced Dressings
  • Surgical Wound Care
    • Sutures & Staples
    • Tissue Adhesives and Sealants
    • Anti-infective Dressing
  • Traditional Wound Care Products
    • Medical Tapes
    • Cotton
    • Bandages
    • Gauzes
    • Sponges
    • Cleansing Agents
  • Wound Therapy Devices
    • Negative Pressure Wound Therapy
    • Oxygen and Hyperbaric Oxygen Equipment
    • Electric Stimulation Devices
    • Pressure Relief Devices
    • Others

Of them all, advanced wound dressings is expected to account for a significant share of the Global Wound Care Market during 2023-28. These innovative products incorporate cutting-edge technologies & materials and are revolutionizing how healthcare professionals approach wound healing. They offer superior healing capabilities compared to traditional wound dressings and are designed to create an optimal healing environment by regulating moisture levels, promoting tissue regeneration, & protecting against infection.

Features like antimicrobial properties and bioactive components facilitate faster & more effective wound healing, which leads to improved patient outcomes. The mounting prevalence of burn injuries worldwide is driving the demand for advanced wound care products, such as foams, impregnated gauzes, honey, & silver dressings, which do not require frequent dressing changes and can be left in place until the wound heals. As a result, it makes pain management considerably simpler and reduces concern regarding wound care. Hence, these aspects cite the widening popularity of such products worldwide, i.e., spurring growth in the global wound care market.

Based on Application:

  • Chronic Wounds
  • Acute Wounds

Here, chronic wounds hold a more prominent market share. It owes to the rising prevalence of diabetic foot ulcers & venous pressure ulcers, the increasing geriatric population, and the increasing number of people suffering from varicose vein ailment, particularly in the US. Chronic wounds are persistent, non-healing wounds that often result from underlying health conditions like diabetes, venous insufficiency, or pressure ulcers. These wounds require long-term management & care due to their slow healing process & potential for complications.

Diabetic foot ulcers, venous leg ulcers, and pressure ulcers pose a substantial healthcare burden globally, owing to which there is a growing focus on advanced wound care products, especially dressings, as well as therapies designed specifically for chronic wound management in order to address challenges like infection control, moisture management, & tissue regeneration. Hence, the growing number of diabetic foot ulcers & venous pressure ulcers is driving the wound care market globally.

Global Wound Care Market Regional Projection:

  • North America
  • South America
  • Europe
  • Middle East & Africa
  • Asia-Pacific

Of all regions globally, North America is the largest Wound Care Market globally. It owes to the dramatically increasing surgical procedures due to the growing incidence of chronic illnesses like diabetic ulcers, venous disease, & arterial injuries, i.e., leading to the surging demand for innovative wound care products across the region. In addition, the state-of-the-art medical infrastructure, substantial investments by both governments & the public/private sector in the healthcare sector, and the ever-increased funding by industry players in R&D associated with finding new & efficient wound care products are other prominent aspects fueling the market growth.

Moreover, favorable reimbursement policies, ever-increased consumer demand for reduced hospital stays, and the increasing incidence of road accidents, burns, & trauma events in the US & Canada, i.e., instigating manufacturers to bring innovations in wound healing biologics & expand their production capacities, are also creating lucrative prospects for the regional market.

Global Wound Care Industry Recent Developments:

  • On 2 May 2023, Smith+Nephew, the global medical technology company, announced that its PICO Single Use Negative Pressure Wound Therapy Systems received an Innovative Technology contract from Vizient, Inc.
  • On 19 April 2023, Convatec Group Plc acquired the anti-infective nitric oxide technology platform of 30 Technology Limited, which includes new product assets and research & development. In addition to applications in advanced wound care, the company will explore the application of this highly innovative technology platform across its business categories.

Gain a Competitive Edge with Our Global Wound Care Market Report

  1. Global Wound Care Market report provides a detailed and thorough analysis of market size, growth rate, competitive landscape, and key players. This comprehensive analysis helps businesses gain a holistic understanding of the market dynamics and make informed decisions.
  2. This report also highlights current market trends and future projections, allowing businesses to identify emerging opportunities and potential challenges. By understanding market forecasts, companies can align their strategies and stay ahead of the competition.
  3. Global Wound Care Market report aids in assessing and mitigating risks associated with entering or operating in the market.
  4. The report would help in understanding market dynamics, regulatory frameworks, and potential challenges, businesses can develop strategies to minimize risks and optimize their operations.

Frequently Asked Questions

   A. The Wound Care Market is forecast to grow at a CAGR of around 5.3% during 2023-28

   A. The mounting prevalence of acute & chronic wounds worldwide is the key factor expected to drive the Wound Care Market during 2023-28.

   A. 3M Company, Cardinal Health, Medtronic Plc, Smith & Nephew Plc, Molnlycke Health Care AB, Ethicon (Johnson & Johnson), Baxter International, Urgo Medical, Derma Sciences (Integra Lifesciences), B. Braun Melsungen AG, Advancis Medical, Coloplast Corp., Convatec Group PLC, Paul Hartmann AG, and Bioventus are the key players operating in the Wound Care Market.

   A. The high cost of advanced wound care products is the major growth restraint for the Wound Care Market.

   A. Chronic wounds would create lucrative prospects for the leading participants in the Wound Care Market through 2028.

   A. North America would continue providing profitable opportunities to the Wound Care Market over the forecast years.

Global Wound Care Market Research Report (2023-2028) - Table of Contents

 

  1. Market Segmentation
  2. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
  3. Executive Summary
  4. Global Wound Care Market Regulations and Policy
  5. Global Wound Care Market Trends & Developments
  6. Global Wound Care Market Supply Chain Analysis
  7. Global Wound Care Market Dynamics
    1. Drivers
    2. Challenges
  8. Global Wound Care Market Hotspot & Opportunities
  9. Global Wound Care Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product
        1. Advanced Wound Dressings
          1. Foam Dressings
          2. Hydrocolloid Dressings
          3. Film Dressings
          4. Alginate Dressings
          5. Hydrogel Dressings
          6. Collagen Dressings
          7. Other Advanced Dressings
        2. Surgical Wound Care
          1. Sutures & Staples
          2. Tissue Adhesives and Sealants
          3. Anti-infective Dressing
        3. Traditional Wound Care Products
          1. Medical Tapes
          2. Cotton
          3. Bandages
          4. Gauzes
          5. Sponges
          6. Cleansing Agents
        4. Wound Therapy Devices
          1. Negative Pressure Wound Therapy
          2. Oxygen and Hyperbaric Oxygen Equipment
          3. Electric Stimulation Devices
          4. Pressure Relief Devices
          5. Others
      2. By Application
        1. Chronic Wounds
        2. Acute Wounds
      3. By End-Use
        1. Hospitals
        2. Homecare
        3. Others
      4. By Region
        1. North America
        2. South America
        3. Europe
        4. Asia-Pacific
        5. The Middle East and Africa
      5. By Company
        1. Market Share
        2. Competition Characteristics
  10. North America Wound Care Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product- Market Size & Forecast 2018-2028, (USD Million)
      2. By Application- Market Size & Forecast 2018-2028, (USD Million)
      3. By End-Use- Market Size & Forecast 2018-2028, (USD Million)
      4. By Country
        1. The US
        2. Canada
        3. Mexico
    3. The US Wound Care Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Product- Market Size & Forecast 2018-2028, (USD Million)
        2. By Application- Market Size & Forecast 2018-2028, (USD Million)
        3. By End-Use- Market Size & Forecast 2018-2028, (USD Million)
    4. Canada Wound Care Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Product- Market Size & Forecast 2018-2028, (USD Million)
        2. By Application- Market Size & Forecast 2018-2028, (USD Million)
        3. By End-Use- Market Size & Forecast 2018-2028, (USD Million)
    5. Mexico Wound Care Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Product- Market Size & Forecast 2018-2028, (USD Million)
        2. By Application- Market Size & Forecast 2018-2028, (USD Million)
        3. By End-Use- Market Size & Forecast 2018-2028, (USD Million)
  11. South America Wound Care Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product- Market Size & Forecast 2018-2028, (USD Million)
      2. By Application- Market Size & Forecast 2018-2028, (USD Million)
      3. By End-Use- Market Size & Forecast 2018-2028, (USD Million)
      4. By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    3. Brazil Wound Care Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Product- Market Size & Forecast 2018-2028, (USD Million)
        2. By Application- Market Size & Forecast 2018-2028, (USD Million)
        3. By End-Use- Market Size & Forecast 2018-2028, (USD Million)
    4. Argentina Wound Care Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Product- Market Size & Forecast 2018-2028, (USD Million)
        2. By Application- Market Size & Forecast 2018-2028, (USD Million)
        3. By End-Use- Market Size & Forecast 2018-2028, (USD Million)
  12. Europe Wound Care Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product- Market Size & Forecast 2018-2028, (USD Million)
      2. By Application- Market Size & Forecast 2018-2028, (USD Million)
      3. By Mode of Purchase- Market Size & Forecast 2018-2028, (USD Million)
      4. By Distribution Channel-Market Size & Forecast 2018-2028, (USD Million)
      5. By End-Use- Market Size & Forecast 2018-2028, (USD Million)
      6. By Country
        1. Germany
        2. The UK
        3. France
        4. Italy
        5. Spain
        6. Rest of Europe
    3. Germany Wound Care Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Product- Market Size & Forecast 2018-2028, (USD Million)
        2. By Application- Market Size & Forecast 2018-2028, (USD Million)
        3. By End-Use- Market Size & Forecast 2018-2028, (USD Million)
    4. The UK Wound Care Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Product- Market Size & Forecast 2018-2028, (USD Million)
        2. By Application- Market Size & Forecast 2018-2028, (USD Million)
        3. By End-Use- Market Size & Forecast 2018-2028, (USD Million)
    5. France Wound Care Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Product- Market Size & Forecast 2018-2028, (USD Million)
        2. By Application- Market Size & Forecast 2018-2028, (USD Million)
        3. By End-Use- Market Size & Forecast 2018-2028, (USD Million)
    6. Italy Wound Care Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Product- Market Size & Forecast 2018-2028, (USD Million)
        2. By Application- Market Size & Forecast 2018-2028, (USD Million)
        3. By End-Use- Market Size & Forecast 2018-2028, (USD Million)
    7. Spain Wound Care Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Product- Market Size & Forecast 2018-2028, (USD Million)
        2. By Application- Market Size & Forecast 2018-2028, (USD Million)
        3. By End-Use- Market Size & Forecast 2018-2028, (USD Million)
  13. Asia-Pacific Wound Care Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product- Market Size & Forecast 2018-2028, (USD Million)
      2. By Application- Market Size & Forecast 2018-2028, (USD Million)
      3. By Mode of Purchase- Market Size & Forecast 2018-2028, (USD Million)
      4. By Distribution Channel-Market Size & Forecast 2018-2028, (USD Million)
      5. By End-Use- Market Size & Forecast 2018-2028, (USD Million)
      6. By Country
        1. China
        2. Japan
        3. Australia
        4. India
        5. South Korea
        6. Rest of Asia Pacific
    3. China Wound Care Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Product- Market Size & Forecast 2018-2028, (USD Million)
        2. By Application- Market Size & Forecast 2018-2028, (USD Million)
        3. By End-Use- Market Size & Forecast 2018-2028, (USD Million)
    4. Japan Wound Care Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Product- Market Size & Forecast 2018-2028, (USD Million)
        2. By Application- Market Size & Forecast 2018-2028, (USD Million)
        3. By End-Use- Market Size & Forecast 2018-2028, (USD Million)
    5. Australia Wound Care Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Product- Market Size & Forecast 2018-2028, (USD Million)
        2. By Application- Market Size & Forecast 2018-2028, (USD Million)
        3. By End-Use- Market Size & Forecast 2018-2028, (USD Million)
    6. India Wound Care Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Product- Market Size & Forecast 2018-2028, (USD Million)
        2. By Application- Market Size & Forecast 2018-2028, (USD Million)
        3. By End-Use- Market Size & Forecast 2018-2028, (USD Million)
    7. South Korea Wound Care Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Product- Market Size & Forecast 2018-2028, (USD Million)
        2. By Application- Market Size & Forecast 2018-2028, (USD Million)
        3. By End-Use- Market Size & Forecast 2018-2028, (USD Million)
  14. The Middle East and Africa Wound Care Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product- Market Size & Forecast 2018-2028, (USD Million)
      2. By Application- Market Size & Forecast 2018-2028, (USD Million)
      3. By Mode of Purchase- Market Size & Forecast 2018-2028, (USD Million)
      4. By End-Use- Market Size & Forecast 2018-2028, (USD Million)
      5. By Country
        1. South Africa
        2. The UAE
        3. Saudi Arabia
        4. Rest of the Middle East and Africa
    3. South Africa Wound Care Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Product- Market Size & Forecast 2018-2028, (USD Million)
        2. By Application- Market Size & Forecast 2018-2028, (USD Million)
        3. By End-Use- Market Size & Forecast 2018-2028, (USD Million)
    4. The UAE Wound Care Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Product- Market Size & Forecast 2018-2028, (USD Million)
        2. By Application- Market Size & Forecast 2018-2028, (USD Million)
        3. By End-Use- Market Size & Forecast 2018-2028, (USD Million)
    5. Saudi Arabia Wound Care Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Product- Market Size & Forecast 2018-2028, (USD Million)
        2. By Application- Market Size & Forecast 2018-2028, (USD Million)
        3. By End-Use- Market Size & Forecast 2018-2028, (USD Million)
  15. Competitive Outlook
    1. Company Profiles 
      1.  3M Company
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      2. Cardinal Health
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      3.  Medtronic Plc
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      4. Smith & Nephew Plc
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      5. Molnlycke Health Care AB
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      6. Ethicon (Johnson & Johnson)
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      7. Baxter International
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      8. Urgo Medical
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      9. Derma Sciences (Integra Lifesciences)
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      10. B. Braun Melsungen AG
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      11. Advancis Medical
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      12. Coloplast Corp.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      13. Convatec Group PLC
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      14. Paul Hartmann AG.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      15. Bioventus
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
  16. Disclaimer


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