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25-Jun-2019

Advance Wound Care Market will hit USD 10,161 Million by 2024 with Robust CAGR 5.6%

Global Advance Wound Care Market was valued at USD 6,937 million in 2017, and is expected to reach USD 10,161 million by 2024, at a robust CAGR of 5.6% during 2018-2024.

The Global Advance Wound Care Market studies the overall dynamics and trends of the market in terms of various segments and regional outlook for the period of 2018 to 2024. The report offers of historic and future market scenario in terms of market value, share and critical developments taking place in the industry. Market size, forecast, trends of each country and region are studied in the report for the focus period of 2018 to 2024.

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Qualitative assessment tools such as PEST analysis, cost structure analysis and regulatory compliance for pharmaceutical products are offered in the report. The report also comprises Pipeline Analysis which helps understand the comprehensive forecast scenario of the market in terms of value and dynamics. The report analyses the recent drug approval trends and market dynamics such as drivers, restrains, and opportunities, industry trends and future outlook in the Global Advance Wound Care Market.

The report represents key players operating in the market along with its competitive landscape. The competitive landscape includes player positioning analysis, competitive matrix and market share analysis of the key players operating in the industry. The market attractive index highlights the most lucrative regional market to invest in the market.

The market is studied for regions such as North America (U.S., and Canada), Europe (U.K., Germany, France, Spain, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America) and Middle East amp; Africa (GCC, South Africa, and Rest of Middle East amp; Africa).

Key Takeaways:

What is the market size in 2018 and the growth rate of the Global Advance Wound Care Market?

What is the market drivers, restrains, opportunities governing the Global Advance Wound Care Market?

Which are the largest and the fastest growing segments in the Global Advance Wound Care Market?

Who are the key players operating in the market and their market position?

What is the pipeline scenario, drug pricing analysis and technological development in the market?

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The growth can be primarily attributed to the increase in old age population, growing number of surgeries across the globe, and increasing adoption of advanced wound care products. Moreover, growing number of diabetic patients, and increasing incidences of burn and road accident cases are further boosting the market growth.

The years used for the assessment are as follows;

Historical year: 2014, 2015, and 2016

Base year: 2017

Forecast period: 2018 ndash; 2024

RESEARCH METHODOLOGY

The research and analysis is based on the data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, surveys, and other secondary sources
Interacting with key opinion leaders of the market and developing data points based on interaction with them
Study of past trends in the market and their year on year Impact on the market size and share
Analyzing the collected data points
Bridging the data points to calculate the total advance wound care market and its various segments
Anticipating potential risks
Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the global advance wound caremarket
Finalizing the overall size and share of the global advance wound care market

OBJECTIVES:

To analyze market trends, opportunities, drivers, and restraints associated with the global advance wound care market
To study market response with respect to the mergers and acquisitions in the industry
To profile key companies operating in the advance wound care market and provide their competitive landscape

MARKET SCOPE

The research scope for advance wound care market is as follows:

By Type
Wound Therapy Device
Oxygen amp; Hyperbaric Oxygen Equipment
Electrical Stimulation Device
Negative Pressure Wound Therapy (NPWT) Device
Other

Active Wound Care Product
Topical Agents
Skin Substitutes
Moist Wound Dressings
Alginate Dressing
Hydrogel Dressing
Collagen Dressing
Silver Wound Dressings
Foam Dressing
Hydrocolloid Dressing
Film Dressing

By Application
Arterial Ulcer
Burns
Diabetic Foot Ulcer
Pressure Ulcer
Surgical Wounds
Venous Leg Ulcer
Other

By End-user
Inpatient Facilities
Outpatient Facilities

By Region
North America
Europe
Asia-Pacific
Rest of the World

FREE ANALYSIS

The advance wound care products such wound therapy devices, advanced wound dressing, and active wound care products are used in the treatment of surgical and chronic wounds, ulcers and burns. These products are used in both outpatients and inpatients facilities to treat chronic wounds. There has been a steady improvement in the wound dressing and wound-healing technologies. Wound healing technologies provide healing for various types of wound conditions. The wound dressing technologies are used for drug delivery, to treat various conditions such as anti-inflammatory, antimicrobial dressings, and analgesic dressings. Wound dressing involves the use of various types of materials including wool, cotton, bandages, gauzes among others. This is still the common approach to use in the treatment of wounds and is most commonly used in surgical procedures.

Factors driving the market growth are; increase in old age population, growing number of surgeries across the globe, and increasing adoption of advanced wound care products. Moreover, growing number of diabetic patients, and increasing incidences of burn and road accident cases are further boosting the market growth.

Geographically, North America held the largest share of the market in 2017. The growth in the region is attributed to the growing number of diabetic patients, rising obesity rates and increasing incidences of burn injuries. Moreover, advancements in wound treatment such as biological skin substitutes, compression therapy, hyperbaric oxygen therapy, and negative pressure wound therapy is also boosting the market growth in the region. Europe held the second largest share of the global advance wound care market in 2017. An estimated 1.0-1.4 million of the European population have diabetic foot ulcers. The demand of advance wound care products will continue to grow during the forecast period due to growing ageing population and growing number of chronic wound diseases. The growth of advance wound care market in Asia-Pacific region is attributed to increasing number of burn injuries and road accidents.

Some of the key companies operating in the market include Cardinal Health, 3M Company, BSN medical GmbH, DeRoyal Industries, Inc, Vivostat A/S, Lohmannamp; Rauscher GmbH amp; Co. KG, Advanced Medical Solutions Group plc, LifeScience PLUS Inc, MiMedx Group, Inc, TRIAGE MEDITECH PVT. LTD., LifeNet Health., among others .

Table Of Contents

Global Advance Wound Care Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation amp; Forecast 2024

CHAPTER 1. Market Scope and Methodology

1.1. Research methodology

1.2. Research scope amp; assumptions

1.3. List of data sources

CHAPTER 2. Executive Summary

2.1. Advanced Wound Care- Market Snapshot

CHAPTER 3. Industry Analysis

3.1. Market definition

3.2. Market segmentation

3.3. Key findings of the global advanced wound care market

3.4. Value chain analysis

3.5. Market opportunities amp; trends

3.5.1. Technological advancements in advance wound care products

3.6. Market dynamics

3.6.1. Market driver analysis

3.6.1.1. Growing number of diabetic patients across the globe

3.6.1.2. Increase in old age population

3.6.1.3. Increasing adoption of advanced wound care products

3.6.1.4. Increasing incidences of burn and road accident cases

3.6.1.5. Growing number of surgeries across the globe

3.6.2. Market restraint analysis

3.6.2.1. High cost of products

3.6.3. Industry Analysis-Porters five forces of analysis

CHAPTER 4. Competitive Outlook

4.1. Competitive analysis

4.2. Competitive factors

4.3. Company market share analysis

4.4. Strategies adopted

CHAPTER 5. Global Advanced Wound Care Market Size and Forecast (2014 ndash; 2024)

5.1. Global Advanced Wound Care Market, By Type (USD Million)

5.1.1. Wound Therapy Device

5.1.1.1. Oxygen amp; Hyperbaric Oxygen Equipment

5.1.1.2. Electrical Stimulation Device

5.1.1.3. Negative Pressure Wound Therapy (NPWT) Device

5.1.1.4. Other

5.1.2. Active Wound Care Product

5.1.2.1. Topical Agents

5.1.2.2. Skin Substitutes

5.1.3. Moist Wound Dressings

5.1.3.1. Alginate Dressing

5.1.3.2. Hydrogel Dressing

5.1.3.3. Collagen Dressing

5.1.3.4. Silver Wound Dressings

5.1.3.5. Foam Dressing

5.1.3.6. Hydrocolloid Dressing

5.1.3.7. Film Dressing

5.2. Global Advanced Wound Care Market, By Application (USD Million)

5.2.1. Arterial Ulcer

5.2.2. Burns

5.2.3. Diabetic Foot Ulcer

5.2.4. Pressure Ulcer

5.2.5. Surgical Wounds

5.2.6. Venous Leg Ulcer

5.2.7. Other

5.3. Global Advanced Wound Care Market, By End-user (USD Million)

5.3.1. Inpatient Facilities

5.3.2. Outpatient Facilities

CHAPTER 6. Global Advanced Wound Care Market Size and Forecast, By Geography (2014-2024)

6.1. North America Advanced Wound Care Market

6.1.1. North America Advanced Wound Care Market, By Type (USD Million)

6.1.2. North America Advanced Wound Care Market, By Application (USD Million)

6.1.3. North America Advanced Wound Care Market, By End-user (USD Million)

6.1.4. North America Advanced Wound Care Market, By Country (USD Million)

6.1.4.1. US

6.1.4.2. Canada

6.2. Europe Advanced Wound Care Market

6.2.1. Europe Advanced Wound Care Market, By Type (USD Million)

6.2.2. Europe Advanced Wound Care Market, By Application (USD Million)

6.2.3. Europe Advanced Wound Care Market, By End-user (USD Million)

6.2.4. Europe Tube Market, By Country (USD Million)

6.2.4.1. Germany

6.2.4.2. Italy

6.2.4.3. France

6.2.4.4. U.K.

6.2.4.5. Russia

6.2.4.6. Rest of Europe

6.3. Asia-Pacific Advanced Wound Care Market

6.3.1. Asia-Pacific Advanced Wound Care Market, By Type (USD Million)

6.3.2. Asia-Pacific Advanced Wound Care Market, By Application (USD Million)

6.3.3. Asia-Pacific Advanced Wound Care Market, By End-user (USD Million)

6.3.4. Asia-Pacific Advanced Wound Care Market, By Country (USD Million)

6.3.4.1. China

6.3.4.2. India

6.3.4.3. Japan

6.3.4.4. Australia

6.3.4.5. Rest of Asia-Pacific

6.4. Rest of the World (RoW) Advanced Wound Care Market

6.4.1. Rest of the World (RoW) Advanced Wound Care Market, By Product Type (USD Million)

6.4.2. Rest of the World (RoW) Advanced Wound Care Market, By Application (USD Million)

6.4.3. Rest of the World (RoW) Advanced Wound Care Market, By End-use (USD Million)

6.4.4. Rest of the World (ROW) Advanced Wound Care Market, By Region (USD Million)

6.4.4.1. Brazil

6.4.4.2. Rest of the World

CHAPTER 7. Key Players and Strategic Developments

7.1. Cardinal Health

7.1.1. Business Overview

7.1.2. Product and Service Offering

7.1.3. Financial Overview

7.1.4. Strategic Developments

7.2. 3M Company

7.2.1. Business Overview

7.2.2. Product and Service Offering

7.2.3. Financial Overview

7.2.4. Strategic Developments

7.3. BSN medical GmbH

7.3.1. Business Overview

7.3.2. Product and Service Offering

7.3.3. Financial Overview

7.3.4. Strategic Developments

7.4. DeRoyal Industries, Inc

7.4.1. Business Overview

7.4.2. Product and Service Offering

7.4.3. Financial Overview

7.4.4. Strategic Developments

7.5. Vivostat A/S

7.5.1. Business Overview

7.5.2. Product and Service Offering

7.5.3. Financial Overview

7.5.4. Strategic Developments

7.6. Lohmann amp; Rauscher GmbH amp; Co. KG

7.6.1. Business Overview

7.6.2. Product and Service Offering

7.6.3. Financial Overview

7.6.4. Strategic Developments

7.7. Advanced Medical Solutions Group plc

7.7.1. Business Overview

7.7.2. Product and Service Offering

7.7.3. Financial Overview

7.7.4. Strategic Developments

7.8. LifeScience PLUS Inc

7.8.1. Business Overview

7.8.2. Product and Service Offering

7.8.3. Financial Overview

7.8.4. Strategic Developments

7.9. MiMedx Group, Inc

7.9.1. Business Overview

7.9.2. Product and Service Offering

7.9.3. Financial Overview

7.9.4. Strategic Developments

7.10. TRIAGE MEDITECH PVT. LTD.

7.10.1. Business Overview

7.10.2. Product and Service Offering

7.10.3. Financial Overview

7.10.4. Strategic Developments

7.11. LifeNet Health.

7.11.1. Business Overview

7.11.2. Product and Service Offering

7.11.3. Financial Overview

7.11.4. Strategic Developments

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Last Updated: 25-Jun-2019