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(IT-NEWSWIRE.COM, October 11, 2018 ) Advanced wound care market is segmented by product into dressings, devices, and bioactives. On the basis of wound type, the market is segmented into surgical, trauma, burns, ulcers, diabetic foot, and others. The market based on the end user is segmented into hospitals & clinics, ambulatory care centers, wound care centers, and others. 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.
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Advanced wound care products for the wound healing process are recommended by clinicians for faster healing of the wounds. They generally include film and hydrogels, foam dressings, alginates and hydrocolloids. Such products are largely focused on keeping the wound hydrated to encourage healing, following the philosophy that a moist microenvironment promotes the natural healing process (human cells require water to live and grow) without occluding the wound. The report would be of an interest to various stakeholders operating in the advanced wound care market. These stakeholders include wound care associations, research & consulting firms, distributors of wound research products, manufacturers of wound care products, equipment, devices, and consumables, research institutes & clinical research organizations (CROs), and venture capitalists.
The objective of the study is to describe, define, and forecast the advanced wound care market by product, wound type, end user, and region. The report also provide detailed information regarding the major factors influencing growth of the market (drivers, restraints, opportunities, and trends). The report helps to analyze market with respect to individual growth trends, prospects, and contributions to the overall market.
Leading Advanced Wound Care Market Players:
1. Smith & Nephew
2. Acelity L.P.
3. Braun Melsungen AG
4. Integra Lifesciences Corporation
7. MiMedx, Inc.
8. Mölnlycke Health Care
9. Paul Hartmann AG
10. Cardinal Health, Inc.
The report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions. The report also includes the profiles of key advanced wound care manufacturing companies along with their SWOT analysis and market strategies.
Reason to Buy:
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the advanced wound care market.
-Highlights key business priorities in order to assist companies to realign their business strategies.
-The key findings and recommendations highlight crucial progressive industry trends in the global advanced wound care market, thereby allowing players across the value chain to develop effective long-term strategies.
-Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
-Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
-Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution
The major players operating in the advanced wound care market 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 October 2017, Integra LifeSciences Launches Integra SurgiMend PRS Meshed Collagen Matrix for breast reconstruction in Europe. The launch of the matrix helped in the faster recovery of the wound treatments. And the launch expanded the geographical presence of the company in European market
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TABLE OF CONTENTS
1. INTRODUCTION 29
1.1 SCOPE OF THE STUDY 29
1.1 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 29
2. GLOBAL ADVANCED WOUND CARE MARKET – KEY TAKEAWAYS 31
3. GLOBAL ADVANCED WOUND CARE MARKET – MARKET LANDSCAPE 34
3.1 OVERVIEW 34
3.2 MARKET SEGMENTATION 34
3.3 GLOBAL ADVANCED WOUND CARE MARKET – BY PRODUCT 36
3.4 GLOBAL ADVANCED WOUND CARE MARKET – BY WOUND TYPE 36
3.5 GLOBAL ADVANCED WOUND CARE MARKET – BY END USER 36
3.6 GLOBAL ADVANCED WOUND CARE MARKET – BY GEOGRAPHY 37
3.7 PEST ANALYSIS 38
3.7.1 North America – PEST Analysis 38
3.7.2 Europe – PEST Analysis 40
3.7.3 Asia Pacific – PEST Analysis 42
3.7.4 Middle East & Africa – PEST Analysis 44
3.7.5 South & Central America – PEST Analysis 46
4. GLOBAL ADVANCED WOUND CARE MARKET – KEY MARKET DYNAMICS 48
4.1 KEY MARKET DRIVERS 48
4.1.1 Increasing Prevalence of Diabetes & Related Chronic Wounds 48
4.1.2 Technological Advancement in Advanced Wound Care Products 49
4.1.3 Increasing Rise in the Geriatric Population 49
4.2 KEY MARKET RESTRAINTS 50
4.2.1 Cost Of Advanced Wound Care Treatments 50
4.2.2 Lack of Reimbursement 50
4.3 KEY MARKET OPPORTUNITIES 50
4.3.1 Rising Medical Tourism In Developing Countries 50
4.4 FUTURE TRENDS 51
4.4.1 Research Activities And Product Innovations 51
4.5 IMPACT ANALYSIS 51
5. ADVANCED WOUND CARE MARKET – GLOBAL ANALYSIS 52
5.1 GLOBAL ADVANCED WOUND CARE MARKET REVENUE FORECASTS AND ANALYSIS 52
5.2 GLOBAL ADVANCED WOUND CARE MARKET, BY GEOGRAPHY - FORECASTS AND ANALYSIS 53
5.3 MARKET POSITIONING 54
5.4 PERFORMANCE OF KEY PLAYERS 54
5.4.1 Smith & Nephew 54
5.4.2 Acelity L.P. 55
5.5 EXPERT OPINIONS 55
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