Advanced Wound Care Market 2020 Report

“Growing geriatric population, rising incidence of diabetes, technological advancements in wound care products are driving the overall growth of the advanced wound care market”

The global advanced wound care market is expected to reach USD 16.5 billion by 2025 from USD 10.3 billion in 2020, at a CAGR of 9.8%. Market growth is primarily driven by the rapidly growing geriatric population, rising incidence of diabetes, technological advancements in wound care products, funding for wound care research, and growing awareness of wound management. On the other hand, the high cost of some wound care products and the risks associated with wound management may limit market growth to a certain extent.

Get FREE PDF Sample of the report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=431027

List of companies Profiled in the Report:

  • Smith & Nephew Plc. (UK)
  • Mölnlycke Health Care AB (Sweden)
  • B. Braun Melsungen Ag (Germany)
  • ConvaTec Group (UK)
  • Coloplast A/S (Denmark)
  • Integra LifeSciences Holdings Corporation (US)
  • 3M Group (US)
  • Cardinal Health Inc. (US)
  • Paul HARTMANN (Germany)
  • Medline Industries (US)
  • Lohmann & Rauscher (Germany)
  • Advancis Medical LLC (UK)
  • Organogenesis (US)
  • MiMedx Group (US)
  • DeRoyal Industries Inc. (US)
  • Winner Medical Co. Ltd. (China)
  • Kerecis (Iceland)
  • Hollister Inc. (US)
  • Shield Line (US)
  • Welcare Industries SPA (Italy)
  • Misonix (US)
  • MilLaboratoriesPvt. Ltd. (India)
  • ACell (US)
  • Zimmer Biomet (US)
  • DermaRite Industries LLC (US)

And more…

“The grafts & matrices segment accounted for the highest growth rate in the advanced wound care market, by product, during the forecast period “

Based on product, the advanced wound care market is segmented into dressings; devices& accessories; grafts & matrices and topical agents.The grafts & accessories segment accounted for the largest share and highest CAGR in the advanced wound care market during the forecast period.The increasing incidence of diabetes and the rising demand for innovative and advanced wound dressings across the globe are the key factors driving the growth of this product segment.

“Surgical & traumatic wounds segment accounted for highest CAGR”

Based on wound type, the advanced wound care market is segmented into surgical & traumatic wounds, diabetic foot ulcers, pressure ulcers, venous leg ulcers and burns and other wounds. The surgical & traumatic wounds segment accounted to show highest growth rate during the forecast period. Market growth is largely driven by the rising incidence of diabetes and diabetic foot ulcers due to the high prevalence of pressure ulcers and venous leg ulcers in the geriatric population.

“Hospitals, ASCs, and wound care centers segment to register the highest growth rate during the forecast period”

Based on end user, the advanced wound care market is segmented into hospitals, ASCs, and wound care centers; home care settings; and other end users. The hospitals, ASCs, wound care centers segment is expected to account for the highest share and CAGR. The large share of this segment can be attributed to factors such as the growing prevalence of surgical and chronic wounds; rising incidence of associated SSIs and HAIs; and increasing incidences of burn injuries.

“Europe: The fastest-growing region advanced wound care market”

The global advanced wound care market is segmented into North America, Europe, the Asia Pacific, Latin America, and Middle East and Africa.The Europe region is projected to grow at the highest CAGR during the forecast period in 2019. The large share of this regional segment can be attributed to the growing prevalence of chronic conditions resulting in chronic, surgical, and traumatic wounds; the increasing incidence of burn injuries; increasing spending on surgical and chronic wounds; and technological advancements in this region.

The primary interviews conducted for this report can be categorized as follows:

  • By Company Type: Tier 1 – 36%, Tier 2 – 45%,and Tier 3 -19%
  • By Designation: C-level – 33%, D-level – 40%, and Others – 27%
  • By Region: North America -51%, Europe – 21%, Asia Pacific – 18%, Latin America – 6%, Middle East and Africa – 4%

Research Coverage:

This report provides a detailed picture of the global advanced wound care market. It aims at estimating the size and future growth potential of the market across different segments, such as product,wound type,end user, and region. The report also includes an in-depth competitive analysis of the key market players, along with their company profiles, recent developments, and key market strategies.

Single User License: US $ 4950 

Get FLAT 25% Discount on this Report @ https://www.reportsnreports.com/purchase.aspx?name=431027

Key Benefits of Buying the Report:

The report will help market leaders/new entrants by providing them with the closest approximations of the revenue numbers for the overall advanced wound care market and its sub segments. It will also help stakeholders better understand the competitive landscape and gain more insights to position their business better and make suitable go-to-market strategies. This report will enable stakeholders to understand the pulse of the market and provide them with information on the key market drivers, restraints, opportunities, and trends.

Table of Contents

1 Introduction

1.1 Objectives Of The Study

1.2 Market Definition

Figure 1 Inclusions & Exclusions

1.2.1 Market Scope

1.2.2 Years Considered For The Study

1.3 Currency

1.4 Limitations

1.5 Stakeholders

2 Research Methodology

Figure 2 Research Design

2.1.1 Secondary Data

2.1.1.1 Key Data From Secondary Sources

2.1.2 Primary Data

Figure 3 Breakdown Of Primary Interviews: By Company Type, Designation, And Region

2.2 Market Size Estimation

2.2.1 Bottom-Up Approach

Figure 4 Advanced Wound Care Market: Bottom-Up Approach

2.2.2 Top-Down Approach

Figure 5 Advanced Wound Care Market: Top-Down Approach

2.3 Market Breakdown And Data Triangulation

Figure 6 Data Triangulation Methodology

2.4 Assumptions For The Study

3 Executive Summary

Figure 7 Advanced Wound Care Market, By Product, 2020 Vs. 2025 (Usd Million)

Figure 8 Advanced Wound Care Market, By Wound Type, 2020 Vs. 2025 (Usd Million)

Figure 9 Advanced Wound Care Market, By End User, 2020 Vs. 2025 (Usd Million)

Figure 10 Advanced Wound Care Market, By Region, 2020 Vs. 2025 (Usd Million)

4 Premium Insights

4.1 Advanced Wound Care Market Overview

Figure 11 Increasing Incidence Of Diabetes And Growing Geriatric Population Are Driving The Growth Of The Advanced Wound Care Market

4.2 Advanced Wound Care Dressings Market, By Type, 2020 Vs. 2025 (Usd Million)

Figure 12 Foam Dressings To Command The Largest Market Share In 2019

4.3 Advanced Wound Care Market, By End User, 2020 Vs. 2025

Figure 13 Hospitals, Ascs, And Wound Care Centers To Account For The Largest Share In 2020 And 2025

4.4 Advanced Wound Care Market: Geographical Growth Opportunities

Figure 14 Asia Pacific To Witness The Highest Growth Rate In The Forecast Period

5 Market Overview

5.1 Introduction

5.2 Market Dynamics

Figure 15 Advanced Wound Care Market: Drivers, Restraints, Opportunities, And Trends

5.2.1 Drivers

5.2.1.1 Growing Prevalence Of Chronic And Surgical Wounds

5.2.1.1.1 Growing Geriatric Population

5.2.1.1.2 High Incidence Of Obesity

5.2.1.1.3 Increasing Prevalence Of Diabetes

Figure 16 Incidence Of Diabetes, By Region, 2015 Vs. 2040 (Million Cases)

5.2.1.1.4 Increase In The Number Of Surgical Wounds And Ssis

5.2.1.1.5 Increasing Number Of Traumatic Wounds

5.2.1.2 Increasing Incidence Of Burn Injuries

5.2.1.3 Increasing Spending On Chronic Wounds

5.2.1.4 Technological Advancements

5.2.2 Restraints

5.2.2.1 High Cost Of Advanced Wound Care Products

Table 1 Average Cost Of Treatment For Diabetic Foot Ulcers (2018)

5.2.2.2 Risks Associated With The Use Of Advanced Wound Care Products

Table 2 Risks Associated With Advanced Wound Care Products

5.2.3 Opportunities

5.2.3.1 Growth Potential In Emerging Economies

Table 3 Strategic Developments In The Asia Pacific

5.2.4 Trends

5.2.4.1 Acquisitions By Leading Companies In The Market

5.2.4.2 Focus On Expanding The Capabilities Of Current Technologies And Launching Novel Products

5.2.4.2.1 Smart Advanced Wound Care

5.2.4.2.2 Crab Shell Bandages

5.2.4.2.3 Color Changing Dressings

5.2.4.2.4 Integration Of Nanotechnology In Advanced Wound Care Products

5.2.4.2.5 Novel Wound Assessment/Measurement Devices

5.3 Covid-19 Impact On The Advanced Wound Care Market

5.3.1 Adjacent Markets To The Advanced Wound Care Market

And more

Share This Post