Advanced Wound Care Market rising CAGR of 4.8%, Increasing Demand, Development, and Geographic Overview Forecast till 2025

Increasing incidence of chronic diseases such as diabetes and cancer will enable growth in the Global Advanced Wound Care Market. Fortune Business Insights, has published a report, titled “Advanced Wound Care Market Size, Share and Global Trend by Product (Advanced Wound Dressings, Wound Care Devices and Active Wound Care), Indication (Diabetic Foot Ulcers, Pressure Ulcers, Surgical Wounds, Others), End User and Geography Forecast till 2025.” According to the report in 2017, the global Advanced Wound Care Market was valued at US$ 9273.3 Mn. The global advanced wound care market is anticipated to expand at a CAGR of 4.8% and value US$ 13,450 Mn by the end of 2025.

Top Leaders Overview:

Some of the leading companies in the global Advanced Wound Care Market are

  • Derma Sciences
  • Coloplast
  • ConvaTec
  • Tissue Regenix Group
  • Mölnlycke Health Care DACH
  • Smith and Nephew
  • Organogenesis
  • KCI Licensing, Inc

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The report classifies the global advanced wound care market in terms of various segments such as regions, product, type, end users, and others. As per the report, North America emerged dominant in the global advanced wound care market in 2017. The North America market was valued at US$ 3874.4 Mn in 2017.

Growth witnessed in the region is attributable to the high demand for advanced treatment for pressure ulcer, diabetic foot ulcer, surgical procedure, and others ailments in the U.S. The region is also expected to dominate the global market through the forecast period 2018-2025.

The Global Advanced Wound Care Market derives growth from a number of factors such as increasing focus on research and development (RandD), increasing investment from leading companies towards RandD. Besides this, increasing regulatory approvals from organizations such as the Food and Drug Administration (FDA) have contributed significantly to the global Advanced Wound Care Market.

Furthermore, newer drug discoveries as a result of emphasis on RandD have favored the growth of the global Advanced Wound Care Market and are likely to boost the market in the coming years. Backed by contributions from government as well as private organizations, the global Advanced Wound Care Market is likely to gain traction in the coming years.

The expansion witnessed in North America is attributable to appropriate availability of reimbursement policies in the region. However, the advanced wound care market in Asia Pacific is anticipated to expand at relatively higher CAGR. High prevalence of diabetes in the region is the major factor contributing to the market growth. Additionally, new players are entering the Asia Pacific market and further introducing advanced wound care products, which is expected to impel growth in the coming years. This is likely fuel the demand for advanced wound care products and services.

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Rising Number of Surgeries Conducted Worldwide to Drive Global Market

Increasing per capita income and increasing cases of chronic diseases such as cancer, diabetes, and others are a few factors anticipated to drive the global advanced wound care market during the forecast period. Additionally, long term hospital stays, backed by rising number of surgical procedures taking place is a factor expected to increase the growth rate in the global market.

Besides this, the increasing geriatric population has been constantly contributing to the global advance wound care market’s growth. Innovation of new products is generating demand for approvals on products such as biological skin equivalents and extracorporeal shock wave therapy devices. This is anticipated to propel growth in the global advanced wound care market.

On the contrary, the factors expected to hamper the growth in the global advanced wound care market are high cost involved in advanced wound care products and services and lack of clinical efficiency for advance wound dressing.

Strong Distribution Network of Leading Organizations to Propel Growth

At present ConvaTec Inc., Smith and Nephew, and KCI Licensing Inc. are leading the global advanced wound care market. The growth witnessed in the market is attributable to these organizations’ diverse product portfolio and strong distribution network.

TABLE OF CONTENT:

1.Introduction

1.1. Research Scope

1.2. Market Segmentation

1.3. Research Methodology

1.4. Definitions and Assumptions

  1. Executive Summary
  2. Market Dynamics

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities

  1. Key Insights

4.1. Prevalence of key Indications, 2017 (Key Countries)

4.2. Economic cost Burden, Chronic wounds (Key Countries)

4.3. Key Mergers and Acquisitions

4.4. Pricing Analysis, Key Players, 2017

4.5. Overview: New Developments in Wound Care

  1. Global Active Wound Care Market Analysis, Insights and Forecast,2014-2025

5.1. Key Findings/ Summary

5.2. Market Analysis, Insights and Forecast By Product

5.2.1 Advanced Wound Dressings

5.2.1.1 Alginate Dressings

5.2.1.2 Hydrogel Dressings

5.2.1.3 Film Dressings

5.2.1.4 Hydrocolloid Dressings

5.2.1.5 Antimicrobial Dressings

5.2.1.6 Foam Dressings

5.2.1.7 Others

5.2.2 Wound Care Devices

5.2.2.1 Negative Pressure Wound Therapy

5.2.2.2 Hyperbaric Oxygen Therapy

5.2.2.3 Extra corporeal Shock Wave Therapy

5.2.2.4 Others (Compression Therapy, etc.)

5.2.3 Active Wound Care

5.2.3.1 Biological Skin Equivalents

5.2.3.2 Growth Factors

5.2.3.3 Biological Dressings

5.2.3.4 Others

5.3. Market Analysis, Insights and Forecast By Indication

5.3.1 Diabetic Foot Ulcers

5.3.2 Pressure Ulcers

5.3.3 Surgical Wounds

5.3.4 Others

5.4. Market Analysis, Insights and Forecast By End User

5.4.1 Hospitals

5.4.2 Clinics

5.4.3 Home Care Settings

5.4.4 Others

5.5. Market Analysis, Insights and Forecast By Region

5.5.1 North America

5.5.2 Europe

5.5.3 Asia Pacific

5.5.4 Latin America

5.5.5 Middle East and Africa

6.North America Active Wound Care Market Analysis, Insights and Forecast,2014-2025

6.1. Key Findings/ Summary

6.2. Market Analysis By Product

6.2.1 Advanced Wound Dressings

6.2.1.1 Alginate Dressings

6.2.1.2 Hydrogel Dressings

6.2.1.3 Film Dressings

6.2.1.4 Hydrocolloid Dressings

6.2.1.6 Antimicrobial Dressings

6.2.1.6 Foam Dressings

6.2.1.7 Others

6.2.2 Wound Care Devices

6.2.2.1 Negative Pressure Wound Therapy

6.2.2.2 Hyperbaric Oxygen Therapy

6.2.2.3 Extra corporeal Shock Wave Therapy

6.2.2.4 Others (Compression Therapy, etc.)

6.2.3 Active Wound Care

6.2.3.1 Biological Skin Equivalents

6.2.3.2 Growth Factors

6.2.3.3 Biological Dressings

6.2.3.4 Others

6.3. Market Analysis By Indication

6.3.1 Diabetic Foot Ulcers

6.3.2 Pressure Ulcers

6.3.3 Surgical Wounds

6.3.4 Others

6.4. Market Analysis By End User

6.4.1 Hospitals

6.4.2 Clinics

6.4.3 Home Care Settings

6.4.4 Others

6.5. Market Analysis By Country

6.5.1 U.S.

6.5.2 Canada

  1. Europe Active Wound Care Market Analysis, Insights and Forecast,2014-2025

7.1. Key Findings/ Summary

7.2. Market Analysis By Product

7.2.1 Advanced Wound Dressings

7.2.1.1 Alginate Dressings

7.2.1.2 Hydrogel Dressings

7.2.1.3 Film Dressings

7.2.1.4 Hydrocolloid Dressings

7.2.1.5 Antimicrobial Dressings

7.2.1.6 Foam Dressings

7.2.1.7 Others

7.2.2 Wound Care Devices

7.2.2.1 Negative Pressure Wound Therapy

7.2.2.2 Hyperbaric Oxygen Therapy

7.2.2.3 Extracorporeal Shock Wave Therapy

7.2.2.4 Others (Compression Therapy, etc.)

7.2.3 Active Wound Care

7.2.3.1 Biological Skin Equivalents

7.2.3.2 Growth Factors

7.2.3.3 Biological Dressings

7.2.3.4 Others

7.3. Market Analysis By Indication

7.3.1 Diabetic Foot Ulcers

7.3.2 Pressure Ulcers

7.3.3 Surgical Wounds

7.3.4 Others

7.4. Market Analysis By End User

7.4.1 Hospitals

7.4.2 Clinics

7.4.3 Home Care Settings

7.4.4 Others

7.5. Market Analysis By Country/ Sub-region

7.5.1 Germany

7.5.2 U.K.

7.5.3 France

7.5.4 Italy

7.5.5 Spain

7.5.6 Scandinavia

7.5.7 Rest of Europe

TOC Continued…!

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