Description
Introduction
Globally the number of wound care patients have been increasing in recent years. The growth is mainly influenced in areas where the old age population is high, people are suffering from diabetes and obesity conditions. The wound care management platforms are believed to improve patient mobility, quality of life and overall wellbeing of an individual.
Market Dynamics
Growth in innovation across the world in wound care management is increasing primarily because of increasing technological advancements in medical products and therapies are much more efficient and cost effective clinically than their conventional counterparts. With this competition is also increasing in the market and both established multinational companies and start ups are trying to make a place in the market.
Market Segmentation
Based on Type:
- Advanced Wound Closure
- Haemostatic and Healing Agents
- Topical Tissue Adhesives
- Wound closure Devices
- Advanced Wound Care (Fastest growing segment)
- Moist Wound dressings
- Therapy Devices
- Active Wound care
Based on Applications:
- Burns
- Ulcers (Highest revenue generating segment)
- Pressure Ulcers
- Diabetic foot ulcers
- Venous Ulcers
- Arterial Ulcers
- Surgical Wounds
- Others
Based on End Use:
- Hospitals and community Health Services
- Home Healthcare
Regional/Geographical Analysis
Geographical areas covered by wound care products market are North America , Europe , Asia pacific and LAMEA out of which North America is generating the maximum revenue and the market is experiencing maximum growth in Asia Pacific region because of the increasing technological development and urbanization in countries like India and China.
Opportunities
Hospitals are increasingly showing an inclination towards advanced wound care products as they perceive that prolonged hospital stays and bed occupancy are a bigger cost burden than investment in these advanced wound care and closure products. Diabetic foot ulcer is the most prevalent type of ulcer.
Key Players
The prominent players in the wound care market are Coloplast A/S (Denmark.), Baxter International Inc. (U.S.), Hollister Inc. (U.S.), Mölnlycke Health Care (Sweden), 3M Company (U.S.), Covidien PLC (Ireland), Ethicon Inc. (U.S.), Derma Sciences Inc. (U.S.), Convatec Healthcare B.S.A.R.L (U.S.), Acelity L.P/ (U.S.), and Smith & Nephew (U.K.).
- Market segments
- Market Drivers, Restraints and Opportunities
- Market Size & Forecast 2016 to 2022
- Supply & Demand Value Chain
- Market – Current Trends
- Competition & Major Companies
- Technology and R&D Status
- Porters Five Force Analysis
- Strategic and Critical Success Factor Analysis of Key Players
- North America
- US and Canada
- Latin America
- Mexico, Brazil, Argentina and Rest of Latin America
- Western Europe
- EU5 (Germany, France, Italy, Spain, U.K.)
- Nordic Countries (Denmark, Finland, Norway, and Sweden)
- Benelux (Belgium, The Netherlands, and Luxembourg)
- Rest of Western Europe
- Eastern Europe
- Russia
- Poland
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia and New Zealand
- Rest of Asia Pacific
- Middle East and Africa
- GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
- South Africa
- North Africa
- Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
- Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
- Consumer and Pricing Analysis
- Market dynamics of the industry
- Market Segmentation
- Estimated Market Sizing in terms of volume and value
- Recent trends in Market and impact
- Research Status and Technology Overview
- Extensive Industry Structure Coverage