The report relies on advanced primary and secondary research methodologies to assess information. The data for the study is gathered from reliable and trustworthy sources, ensuring the authenticity and accuracy of the research study. We also employ qualitative and quantitative analysis to deliver a comprehensive and all-encompassing research study on the global Advanced Wound Care market. The report also comprises of SWOT analysis, PESTLE analysis, and Porter’s Five Forces Model analysis, to offer the reader with a complete and all-inclusive study of crucial segments of the global Advanced Wound Care market. The global Advanced Wound Care Market is expected to reach USD 20.42 Billion by 2027, according to a new report by Emergen Research.
Key
Highlights From The Report
The large proportion of surgical wounds in the wound type
segment can be attributed to the increasing incidence of diabetic foot ulcers
& pressure ulcers and post-operative surgical wounds. Surgical wounds
extend the stay of the hospital, cause an enormous economic burden, and
significantly impair the quality of life. The increasing number of surgeries
due to trauma, accidents, and increasing chronic disease prevalence will boost
the market over the forecast period.
Increasing hospital admissions due to chronic and increased
incidence of hospital-acquired pressure ulcers are key market drivers for this
end-user segment's growth. Furthermore, extended hospital stays of diabetes
patients in this end-user segment further increases the demand for advanced
wound care products.
The market for moist wound therapy is expected to grow at a
CAGR of 9.5% during the forecast period. Factors that drive this segment's
growth include the increasing incidence of diabetes-associated ulcers and
increased demand for innovative and advanced wound dressings to treat such
wounds.
The market for North America is expected to hold the largest
market share in the year 2019. The regional demand will be driven by the high
and rising prevalence of chronic and acute wounds and an increasing number of
surgeries. In addition, high awareness and adoption of advanced wound care
devices will propel regional growth.
Key participants include Smith & Nephew, Mölnlycke
Health Care, B. Braun, ConvaTec Group, Coloplast, Integra LifeSciences, 3M,
Cardinal Health, and Lohmann & Rauscher, among others.
Regional
scope- North America; Europe; Asia Pacific; Central & South
America; MEA
Product
Type Outlook (Revenue, USD Billion; 2017-2027)
Moist Wound Dressings
Foam
Hydrocolloid
Film
Alginate
Hydrogel
Collagen
Wound Therapy Devices
Pressure Relief Devices
Negative Pressure Wound Therapy Systems
Hyperbaric Oxygen Equipment
Electrical Stimulation Devices
Other Wound Therapy Devices
Active Wound Care
Artificial Skin and Substitutes
Autografts
Wound
Type Outlook (Revenue, USD Billion; 2017-2027)
Surgical Wounds
Ulcers
Burns
Traumatic Wounds
Others
End-User
Outlook (Revenue, USD Billion; 2017-2027)
Home Care Settings
Hospitals and Clinics
Others
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