Advanced Wound Care Market Overview 2019 including leading players like Smith & Nephew, Acelity L.P., Braun Melsungen AG, Integra Lifesciences Corporation, ConvaTec, 3M, MiMedx

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 growth of the advanced wound care market is primarily attributed to the rise in the geriatric population over the years. The elderly population is defined as group of people aged 65 and over. Population ageing is poised to become one of the most significant social transformations of the twenty-first century. According to the report of United Nations, in 2017, there were approximately 962 million people aged 60 or over across the globe, that consists of 13 per cent of the global population. Although, the lack of the reimbursement is hampering the market growth. The reimbursement offered for the anti-microbial dressings is a major concern. The current system of coverage and reimbursement in many cases has resulted in severe underpayment to providers for the appropriate, best-practice care of complex and chronic wounds. In addition, the increasing medical tourism in emerging nations are likely to have a positive impact on the growth of the market in the coming years.

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Key players:

1. Smith & Nephew
2. Acelity L.P.
3. Braun Melsungen AG
4. Integra Lifesciences Corporation
5. ConvaTec
6. 3M
7. MiMedx, Inc.
8. Mölnlycke Health Care
9. Paul Hartmann AG
10. Cardinal Health, Inc.

Global advanced wound care market, based on the product was segmented into dressings, advanced wound devices, and advanced wound bioactives. In 2017, the dressings segment held the largest share of the market, by product. This segment is also expected to dominate due to the increased demand for dressings and it is also expected to grow at the fastest rate during the coming years since the dressings provide better healing properties. Advanced wound care treatments revolve around the principle of moisture therapy, which provides moisture to the wound site to encourage natural cell repair while giving the wound room to breathe.

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.

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Table of Contents

  1. Advanced Wound Care Market Introduction
  2. Market Key Takeaways
  3. Advanced Wound Care Market - Key Industry Dynamics
  4. Advanced Wound Care Market Analysis- Global
  5. Advanced Wound Care Market Revenue And Forecasts To 2025 – By Product
  6. Market Revenue And Forecasts To 2025 –By Wound Type
  7. Market Revenue And Forecasts To 2025 –End-Users
  8. Global Advanced Wound Care Market Geographical Analysis
  9. Industry Landscape
  10. Market - Competitive Landscape
  11. Advanced Wound Care Market, Key Company Profiles
  12. Appendix

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Posted by on Monday March 25 2019, 5:27 AM EDT. All trademarks acknowledged. Filed under Biotechnology, Business Services, Diagnostics, Healthcare, Life Sciences, Medical Devices, Pharmaceuticals. Comments and Trackbacks closed. Follow responses: RSS 2.0

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