According to the report North America Wound Care Management Devices Market, published by Market Data Forecast, The Market was worth $5.94 billion in 2016 and estimated to be growing at a CAGR of 3.1%, to reach $6.92 billion by 2021.
North America presently dominates the market for wound care management devices and is estimated to sustain its strong hold for a few more years. Numerous players in this market are trying to enlarge their product portfolio in order to top the global market.
As few companies are entering into the market by acquisitions, top companies are increasing their growth in this market by acquiring other companies. Few companies adopted product improvement and new product launches as its main business strategy to certify its dominance in this market.
Browse market data tables and in-depth TOC of the North America Wound Care Management Devices Market to 2021 at www.marketdataforecast.com/market-…ices-market-1645/
Increase in chronic wounds and ulcers, rising incidence of diabetes, aging population, increasing awareness about new technologies for wound care and government support in the form of funding are driving the growth of the wound care market. Though, high cost of technically superior products for wound care and lack of proper refund policies are the main challenges faced by the wound care management device market.
North America Wound Care Management Devices Market: Segmentation
- Advanced Wound Management Products
- o Advanced Wound Dressings
- Foam Dressings
- Silicone Foam Dressings
- Other Foam Dressings
- Hydrocolloid Dressings
- Film Dressings
- Alginate Dressings
- Hydrogel Dressings
- Collagen Dressings
- Other Dressings
- o Therapy Devices
- Negative Pressure Wound Therapy
- Conventional NPWT
- Portable NPWT
- Disposable NPWT
- Pressure Relief Devices
- Oxygen and Hyperbaric Oxygen Devices
- Electrical Stimulation Devices
- Other Therapy Devices
- o Active Wound Care
- Artificial Skin and Skin Substitutes
- Topical Agents
- Surgical Wound Care
- o Tissue Adhesives, Sealants & Glues
- o Anti-infective Dressings
- Traditional/Basic Wound Care
- o Medical Tapes
- o Dressings
- o Cleansing Agents
- Y-o-Y Growth Analysis, By Product
- Market Attractiveness Analysis, By Product
- Market Share Analysis, By Product
Type of Wound
- Chronic Wounds
- o Diabetic Foot Ulcers (DFU)
- o Pressure Ulcer
- o Venous Leg Ulcer
- o Other Chronic Wounds
- Acute Wounds
- Surgical & traumatic wounds
- Y-o-Y Growth Analysis, By Type of Wound
- Market Attractiveness Analysis, By Type of Wound
- Market Share Analysis, By Type of Wound
- Home Care Settings
- Y-o-Y Growth Analysis, By End User
- Market Attractiveness Analysis, By End User
- Market Share Analysis, By End User
Based on geography the market is analysed under various countries namely, USA and Canada. USA leads the wound care management devices market followed by Canada.
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.).
Reasons to access North America Wound Care Management Devices Market Report:
- Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
- Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
- Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
- Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
- A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
- Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
- Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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