Advanced Wound Care Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2027 | Acelity, Smith & Nephew, Molnlycke, ConvaTec, Coloplast, Organogenesis, Integra Lifesciences Corporation

During the projected period of 2021-2027, the Advanced Wound Care Market” research describes in-depth the demand and consumption of numerous products/services connected to market growth dynamics. In terms of quantity, a complete market assessment of the numerous opportunities in the market segment is made. The Advanced Wound Care market is covered several areas, including constraints, problems, and opportunities, as well as geographical considerations. Customers will benefit from this study because it provides historical and statistically significant data, making it both helpful and instructional.

In accordance with the Advanced Wound Care market is set to grow at a CAGR of 9.9% over the forecast period (2021-2027).

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Market Overview

The advanced wound care management market is mainly driven by technological advances, an ageing population, problems associated with ineffective traditional wound healing methods, initiatives taken by the government, and a pressing need for swift and safer treatment of chronic wounds.  Furthermore, the growing prevalence of several lifestyle disorders leading to chronic wounds, such as diabetic foot ulcer, venous leg ulcer, and pressure ulcer is one of the key factors estimated to encourage the growth of the advanced wound care management market in the coming years.

Top Key players operating in the global Advanced Wound Care market are:

Acelity, Smith & Nephew, Molnlycke, ConvaTec, Coloplast, Organogenesis, Integra Lifesciences Corporation, Medline Industries, 3M, Hollister Incorporated, Human Biosciences., Medtronic, Hartmann Group, B.Braun Melsungen, BSN Medical, Urgo Medical, Mimedx Group, Inc., Nitto Denko, Winner Medical Group

Major Advanced Wound Care Market Types covered are:

  • Advanced Wound Dressings
  • Bioactives
  • Devices

Major Advanced Wound Care Market Applications covered are:

  • Acute Wounds
  • Chronic Wounds
  • Surgical Wounds

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Asia-Pacific Region is Anticipated to Register a Robust CAGR

The Asia-Pacific advanced wound care management market, which consists of fast-developing economies has remained largely untapped. The advanced wound care management market is expanding steadily and has created abundant opportunities for the launch of new products. In terms of prospective growth potential, the Asia-Pacific advanced wound care management market is expected to witness the fastest growth.  However, the lack of awareness and price sensitivity has considerably hindered the growth of the advanced wound care management market in developing countries, such as India, China, Brazil, and others. North America leads the advanced wound care management market with the largest market share in the world, followed by Europe.

Regional Analysis of Global Advanced Wound Care market:

The Advanced Wound Care Market research gives an in-depth analysis of market growth and other factors in key nations (regions), including:

  • North America (the United States, Canada, and Mexico)
  • Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
  • South America (Brazil, Argentina, Colombia, and Rest of South America)
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)

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Table of Contents: Advanced Wound Care Market

Chapter 1: outline of Advanced Wound Care marketplace

Chapter 2: worldwide market reputation and forecast through areas

Chapter 3: worldwide marketplace popularity and forecast by using types

Chapter 4: worldwide marketplace repute and forecast by using Downstream enterprise

Chapter 5: marketplace riding issue evaluation

Chapter 6: market opposition reputation by major producers

Chapter 7: essential producers Presentation and market data

Chapter 8: Upstream and Downstream marketplace investigation

Chapter 9: Fetched and net part investigation

Chapter 10: advertising reputation research

Chapter 11: marketplace file end

Chapter 12: research technique and Reference

Impact of COVID-19 on the Advanced Wound Care Market:

The upward push of COVID-19 has moderated showcase improvement; anyhow, the market is constantly selecting up-tempo due to growing lockdowns. The sudden increment in CAGR is thanks to the request and extension of this marketplace, which is functionality to return to pre-pandemic ranges once the large, is gone.

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Advanced Wound Care Market Detailed Analysis of Current Industry Figures With Forecasts Growth by 2025

Market Study Report, LLC, has recently added a report on Advanced Wound Care market which offers a comprehensive synopsis of revolving market valuation, market size, SWOT analysis, revenue estimation and geographical spectrum of the market. The report further elucidates primary business obstacles and growth prospects within the forecasted timeline, while examining the current competitive sphere involving key players of the Advanced Wound Care market.

Worldwide advanced wound care market is anticipated to surpass US $13.5 billion by the year 2025. As the geriatric population is increasing worldwide, instances of chronic diseases are also on a rise, which is leading to a surging number of patients suffering from chronic & acute wounds. This factor along with the cost burden associated with chronic wounds will stimulate the demand for advanced wound care products.

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According to the report, the wound therapy device market is predicted to grow at the rate 6.2% over 2019-2025. The negative pressure wound therapy systems segment on the other hand, is expected to witness lucrative growth opportunities over the forecast period, owing to the ability of devices to incite rapid recovery. However, high cost and lack of awareness about the devices will hamper the market growth.

In terms of regional contribution, Europe advanced wound care market is predicted to grow 5% over 2019-2025, attributed to the increasing geriatric population, more cases of acute & chronic wounds along with awareness regarding the advanced wound care benefits in the region. While the France, UK and Germany markets are reported to have reached equilibrium, countries like Belgium, Netherland, Austria and Spain are anticipated to grow with a significant CAGR through 2025.
Another factor driving market growth is the inclination of populace towards sedentary lifestyle, in consort with increasing R&D activities being carried out for product innovation. For instance, the recently launched product called Hydroclean Plus claims to quicken healing by autolytic removal of damaged tissue using rinsing-absorption mechanism.
Based on the application spectrum, diabetic wound application held 14.4% of the advanced would care market share in 2018, owing to rising adoption of sedentary lifestyle leading to increased instances of diabetes and obesity. The reported causes for diabetic wounds are feet irritation and nerve damage, which not only worsens the quality of life but also leads to longer hospital stay increasing the cost burden. These factors will further fuel the product demand in the upcoming years.
Considering the end-use segment, homecare setting is preferred by patients over hospitals owing to the comfort and personalized care offered by the setting. The segment market was worth US $2.7 billion in 2018 and is presumed to grow further over the forecast period, pertaining to the hygienic and infection-free setting.
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The list of prominent companies operating in the advanced wound care market comprise of Smith and Nephew, Integra LifeSciences Corporation, MPM Medical, Medtronic, 3M, Acelity, Derma Sciences, Beiersdorf Global, Organogenesis, HARTMANN International, Medline Industries, and Hollister Incorporated, among others.

 

Table of Content:

Chapter 1. Methodology

Chapter 2. Executive Summary

Chapter 3. Advanced Wound Care Industry Insights

Chapter 4.   Advanced Wound Care Market, By Product

Chapter 5.  Advanced Wound Care Market, By Application

Chapter 6.  Advanced Wound Care Market, By End-use

Chapter 7. Advanced Wound Care Market, By Region

Chapter 8. Company Profile

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Advanced Wound Care Market 2020 In-Depth Analysis And Technological Advancements

Global Advanced Wound Care Market Research Report 2020-2026, this title divided by product type, applications, industry verticals, and research regions build an in-depth explanation of the perspectives, and comprehensive market statistics. The report presents a thorough analysis of the Advanced Wound Care Market covering key trends, deployment models, challenges, market drivers, future roadmap, ecosystem player profiles, strategies, and value chain.

The advanced wound care market size was valued at $8,457 million in 2018, and is estimated to reach at $13,944 million by 2026, registering a CAGR of 6.5% from 2019 to 2026.

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The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report 3M Co.(NYS:MMM), Medtronic, Coloplast, PAUL HARTMANN, M?lnlycke Health Care, Medline Industries, B. Braun, Cardinal Health, Smith & Nephew, Acelity L.P., Lohmann & Rauscher, MPM Medical, ConvaTec Group, Integra LifeSciences.

Key Developments:

In May 2017, AVERY DENNISON CORPORATION has acquired Finesse Medical Ltd which is an innovator for medical drug designing and manufacturing especially for wound treatment as well as skin disease management. With this acquisition, the company has maximized its customer base worldwide.

In October 2015, Cardinal Health has acquired Cordis business of Johnson & Johnsonwhich is engaged in providing cardiology and endovascular devices solutions. The company has acquired Cordis by making  a payment of USD 1.944 billion. This acquisition has helped  the company to increase its product portfolio by including products related to wound management, cardiovascular and orthopedic.

The global Advanced Wound Care Market is segmented on the lines of its product, application, and regional.

Based on product type segmentation it covers (Burns, Pressure Ulcers, Diabetic Foot Ulcers, Arterial Ulcer, Surgical and Traumatic Wounds);

Based on application it covers (Hospitals and Clinics, Home Care Settings, Other End Users)

The global Advanced Wound Care Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

North America dominates the advanced wound care market as the US is a leader in advanced wound care market because of the presence of large companies and their products use in hospitals, wound care centers, outpatient care centers, home health and others for the treatment of wounds. Companies launch new products in the US to provide better treatment. According to the Centers for Disease Control and Prevention, chronic diseases is rapidly increasing day by day all over the world and of the US accounted for most cases of chronic disease. In 2015, according to the CDC, it is estimated that 1.5 million new cases of diabetes are diagnosed in the US Asia-Pacific region dominates the market because of the increasing prevalence of the disease and improving the geriatric population. Raising awareness on the availability of treatment in developing countries in the Asia-Pacific region is the main factor for market growth.

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Influence of the Advanced Wound Care Market report:

-Comprehensive assessment of all opportunities and risk in the Advanced Wound Care Market.

-Advanced Wound Care Market recent innovations and major events.

-Detailed study of business strategies for growth of the Advanced Wound Care Market -leading players.

-Conclusive study about the growth plot of Advanced Wound Care Market for forthcoming years.

-In-depth understanding of Advanced Wound Care Market -particular drivers, constraints and major micro markets.

-Favorable impression inside vital technological and market latest trends striking the Advanced Wound Care Market.

Finally, Advanced Wound Care Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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Advanced Wound Care Market to Register Unwavering Growth During to 2030 – Smith & Nephew, B. Braun, ConvaTec Group

Advanced wound care products are widely used to treat more complex wounds that require wound hydration and promote healing. The products are used as moisture therapy and applied around the wound area. Also these products provide protection from bacterial infection and other foreign elements thus maintaining stable temperature around the wound, protection from infection, removal of dead tissues, assistance in oxygenation, and relieve in pain. Market Industry Reports (MIR) has published a new report titled “Advanced Wound Care Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global advanced wound care market is estimated to be over US$ 8.5 Bn in 2017. It is anticipated to grow at a CAGR of 4.3% from 2019 to 2030.

Technological advancements in the sector of wound therapy, growing geriatric population and treatment coupled with increasing awareness among patients have been pivotal in dictating the growth of the advanced wound care market. Moreover, efficient treatment options for complex wounds, diabetes and associated chronic wounds and increasing expenditures on healthcare is anticipated to be the major drive the growth of the global advanced wound care market between 2019 and 2030.Furthermore, key players have extensively focused on collaborating with several educational and research institutes to amplify R&D activities and meet the overall demands of the healthcare industry. For instance, Smith and Nephew a global medical device company entered into collaboration with University of Hull, to create wound care research cluster and facilitate development of advanced R&D centers.

Major Key Players of the Advanced Wound Care Market are:
Smith & Nephew, B. Braun, ConvaTec Group, Integra LifeSciences, 3M, Cardinal Health, Medtronic, MPM Medical, Paul HARTMANN, and MiMedx Group, among others.

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The population of geriatric population across the world has grown rapidly over the past several decades. Moreover, this growth has witnessed an unprecedented rate in recent times. In 2016, it was approximated that the population of individuals aged 65 years or older was 8.5% or 617 million of the entire world population. Furthermore, it is projected that the figure will witness an increment to 17% i.e. 1.6 billion by the end of 2050. Such rapid growth of geriatric population is anticipated to present a remunerative growth opportunity for the global advanced wound care market in the coming times. Since, the utilization of advanced wound care products for assisting treatment and facilitating faster recovery of wounds among aged population is enormously crucial.

Diabetes is one of the most prominent, prevalent and menacing chronic diseases, which is known to affect millions of individuals worldwide. According to the report Global Burden of Disease (GBD), published in 2015, the prevalence of diabetes witnessed a substantial increment of 30.6% between 2005 and 2015. The prospect of wound care and treatment is extremely vital among population suffering from chronic disorders, namely diabetes and several others. Since, failure to treat the same, may lead to fatal outcomes. Therefore, the continual rise in prevalence of diabetes is expected to present an attractive growth prospect for the advanced wound care market in the times to come.

Major Types of Advanced Wound Care covered are:
Electrical Devices
Pressure Relief Devices

Major Applications of Advanced Wound Care covered are:
Hospital
Home Care

Research objectives:-

– To study and analyze the global Advanced Wound Care consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Advanced Wound Care market by identifying its various sub-segments.
– Focuses on the key global Advanced Wound Care manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Advanced Wound Care with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Advanced Wound Care Market Size
2.2 Advanced Wound Care Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Advanced Wound Care Market Size by Manufacturers
3.2 Advanced Wound Care Key Players Head office and Area Served
3.3 Key Players Advanced Wound Care Product/Solution/Service
3.4 Date of Enter into Advanced Wound Care Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Advanced Wound Care Sales by Product
4.2 Global Advanced Wound Care Revenue by Product
4.3 Advanced Wound Care Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Advanced Wound Care Breakdown Data by End User

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In the end, Advanced Wound Care industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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