Global Advanced Wound Care Market is estimated to grow from US$ 8,181.9 Mn in 2017 to US$ 11,564.6 Mn by the year 2025 at a CAGR of 4.5% from 2016-2025

Increasing prevalence of diabetes & related chronic wounds is driving the market for advance wound care over the forecast period.

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 globaladvanced 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 report highlights the trends prevalent in the global advanced wound care market and the factors driving the market along with those that act as deterrents to its growth.

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. The dressings led the market in 2017, contributing for the largest market share and is expected to retain its dominance during the forecast period from 2018 to 2025. 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.

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The market for advanced wound care is expected to grow due to increasing prevalence of diabetes & related chronic wounds, technological advancement in advanced wound care products and increasing rise in the geriatric population are boosting the market over the years. 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.

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 October 2017, Integra LifeSciences Launches Revize/ Revize-X Collagen Matrix for plastic and reconstructive surgery. The developments performed by the companies are helping the market to grow in the coming years.

The report segments the global advanced wound care market as follows:

Global Advanced Wound Care Market – By Product
Dressings
Film Dressings
Hydrogel Dressings
Foam Dressings
Hydrocolloid Dressings
Other Dressings
Devices
Electrical Stimulation
Pressure Relief Devices
Hyperbaric Oxygen Equipment
Negative Pressure Wound Therapy Systems
Others
Bioactives
Autografts
Allografts and Xenografts
Topical Agents
Others

Global Advanced Wound Care Market – By Wound Type
Surgical
Trauma
Burns
Ulcers
Diabetic Foot
Others

Global Advanced Wound Care Market – By End User
Hospitals & Clinics
Ambulatory Care Centers
Wound Care Centers
Others

Global Advanced Wound Care Market – By Geography
North America
U.S.
Canada
Mexico

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Europe
U.K.
Germany
France

Asia Pacific (APAC)
Japan
China
India

Middle East & Africa (MEA)
Turkey
South Africa
UAE
Saudi Arabia

South & Central America (SCAM)
Brazil

Reason to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and  segments in the global 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 Advanced Wound Care Market, thereby allowing players 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 commercial interest with respect to products, segmentation and industry verticals.

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Posted by on Friday November 09 2018, 4:56 PM EST. All trademarks acknowledged. Filed under Business & Financial Services, Business Services, Featured Press Release, Manufacturing, Medical Devices, Technology, Media, & Telecommunications. Comments and Trackbacks are open. Follow responses: RSS 2.0

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