The Insight Partners offers a latest published report on “Global Advanced Wound Care Market Research Report 2025” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains more than 150 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
According to a new market research study titled ‘Advanced Wound Care Market to 2025 – Global Analysis and Forecasts by Product, Wound Type and End User, the global advanced wound care market is expected to reach US$ 11,564.6 Mn in 2025 from US$ 8,181.9 Mn in 2017. The market is estimated to grow with a CAGR of 4.5% from 2016-2025. The market is expected to grow due to increasing prevalence of diabetes & related chronic wounds, however, the cost of the advanced wound care products is hindering the market.
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Advanced Wound Care Market to 2025 – Global Analysis and Forecasts by Product (Dressings, Devices, and Bioactives), Wound Type (Surgical, Trauma, Burns, Ulcers, Diabetic Foot, Others), End User (Hospitals & Clinics, Ambulatory Care Centers, Wound Care Centers, and Others) and Geography
- To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Advanced Wound Care Market
- To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)
The key players operating in the advanced wound care market worldwide include Smith & Nephew, Acelity L.P., Braun Melsungen AG, Integra Lifesciences Corporation, ConvaTec, 3M, MiMedx, Inc., Mölnlycke Health Care, Paul Hartmann AG and Cardinal Health, Inc. For instance, in January 2018, Mölnlycke partners with Tissue Analytics to simplify and standardize chronic wound care.
An off-the-shelf report on Advanced Wound Care Market which has been compiled after an in-depth analysis of the market trends prevailing across five geographies (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade journals, technical white papers, paid databases etc. followed by primary research (interviews) with industry experts/KOLs to gain their insights and views on current scenarios and future scope of the market as well as validating the secondary information, further internal statistical model is used to estimate the market size and forecasts till 2025.
Chronic wound products are a major requirement in the wound care industry. The advancement and development in the industry is increasing in the last few years. Hence, over the years, researchers have been carrying out research activities which have resulted to product innovations. In 2017, Department of Fiber Science and Technology have launched the new bandage developed from sea life: crab shells. Believed to be the world’s first, the bandage is made from chitosan, a mineral that’s found in most crustacean shells. The research activities as well as product innovations are expected to provide impetus for the growth of the advanced wound care market during the forecast period.
Global advanced wound care market, based on the wound type was segmented into ulcers, burns, trauma, surgical, and diabetic foot. In 2017, the surgical segment held the largest share of the market, by wound type. In addition, the surgical wound is also expected to grow at the fastest rate during the coming years owing to factors such as, rising number of surgical procedures, and increasing wounds due to the surgical procedures.
Advanced Wound Care Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2025, considering as the base year and 2025 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
The report segments the global advanced wound care market as follows:
Global Advanced Wound Care Market – By Product
- Film Dressings
- Hydrogel Dressings
- Foam Dressings
- Hydrocolloid Dressings
- Other Dressings
- Electrical Stimulation
- Pressure Relief Devices
- Hyperbaric Oxygen Equipment
- Negative Pressure Wound Therapy Systems
- Allografts and Xenografts
- Topical Agents
Global Advanced Wound Care Market – By Wound Type
- Diabetic Foot
Global Advanced Wound Care Market – By End User
- Hospitals & Clinics
- Ambulatory Care Centers
- Wound Care Centers
Global Advanced Wound Care Market – By Geography
Asia Pacific (APAC)
Middle East & Africa (MEA)
- South Africa
- Saudi Arabia
South & Central America (SCAM)
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