Global Advanced Wound Care Market is Expected to Grow at CAGR 7.6% To 2024 Market Size, Competitive Trends: Data Bridge Market Research
Data
Bridge Market Research new Insight’s on “Global Advanced
Wound Care Market is projected to
reach 20.7 billion by 2024, from USD 11.6 billion in 2016 growing at a CAGR of
8.9% during the forecast period of 2017 to 2024”.
The market is segmented
By Type (Dressings, Biologics, Therapy Devices) Wound Type (Surgical
Wounds, Diabetic Ulcers, Pressure Ulcers, Venous Ulcers, Burns, Other Traumatic
Wounds)
End Users (Hospitals, Wound Care
Centers, Ambulatory Centers, Clinics, Community Healthcare, Home Healthcare)
Distribution Channel (Direct Tenders Public, Retail Private)
Geography (North America, Europe, APAC,
South America, MEA) – Industry Trends and Forecast to 2024
The actual calculation year for the report in
2016, while the historic data is for 2015 and the forecast period is still
2024.
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Recent
Developments: Global Advanced Wound Care Market
In 2014,
according to WHO statistics the prevalence for diabetes above the age of 18
years is 8.5 percent globally.
The
report contains the statistics for chronic diseases for all covered countries
forecasted to 2022. Globally, China,
India and U.S. leads in the diabetic population, while in 2015 approximately 30 percent
of medicare spending in wound care is due to diabetes, which is about USD 322 billion per year.
Segmentation: Global
Advanced Wound Care Market Categories
·
The global advanced
wound care market is segmented on the basis of type, product type, application,
end-user, distribution channel, and geography.
·
On the basis of type,
the advanced wound care market is segmented into dressings, biologics and
therapy devices.
·
The advanced wound care
dressings market is further segmented on the basis of product type into foam
dressings, film dressings, hydrogels, alginates, wound contact layers and super
absorbent dressings. The advanced wound care biologics market segment is
sub-segmented into allografts, synthetic skin grafts, xenografts, and growth
factors.
·
The therapy devices
segment is further classified on the basis of product type into NPWT devices,
pressure relief devices, hyperbaric oxygen chambers (HBOT), wound debridement
devices and physical therapies.
·
On the basis of
application, the advanced wound care devices market is segmented into surgical
wounds, diabetic ulcers, pressure ulcers, venous ulcers, burns and others.
·
Based on end-users, the
market is segmented into hospitals, wound care centers, ambulatory centers,
home healthcare, clinics, and community healthcare.
·
Based on geography, the
market is segmented into 5 geographical
regions, North America, Europe, Asia-Pacific, South America and Middle East and Africa. The
geographical regions are further segmented into 24 major countries such as U.S.
Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Turkey, Japan,
China, Singapore, Brazil, India, Russia, South Africa and others. In 2017,
North America is expected to dominate the advanced wound care market with 39.2%
market share followed by Europe and APAC. However the APAC region is expected
to grow at the highest CAGR of 11.2% in the forecast period 2017 to 2024.
Company Share
Analysis: Global Advanced Wound Care Market
·
The global advanced
wound care market is highly fragmented with various companies operating in
local regions. The major players have used various strategies such as new
product launches, expansions, agreements, joint ventures, partnerships,
acquisitions, and others to increase their footprints in this market. The
report includes company share data for different geographies including Global,
·
North America,
·
Europe,
·
APAC,
·
South America,
·
and Middle East and
Africa.
The global advanced wound care market report
contains an in-depth profiling of the key market players, along with the recent
developments (new product launches, partnerships, agreements, collaborations,
and joint ventures) and strategies adopted by them to sustain and strengthen
their position in the market.
Some of the major players operating in this
market are 3M,
·
Smith and Nephew,
·
Medtronic,
·
KCL,
·
Becton,
·
Dickinson and Company,
·
Molyncke Healthcare AB,
·
ConvaTec Inc.,
·
Baxter,
·
Coloplast,
·
Ethicon,
·
US, LLC.
·
Hollister Incorporated,
·
Integra Lifesciences
Corporation,
·
Derma Sciences, Inc.,
·
Spiracur, Inc.,
·
Medline Industries,
·
Mimedx Group ,Inc.,
·
Organogenesis, Inc.,
·
Talley Group Limited,
·
BSN medical,
·
DevonMedicalProducts.com,
·
Human Biosciences Inc.,
·
Cardinal Health,
·
B. Braun Melsungen AG
·
and HARTMANN among
others.
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