The global advanced wound care market is expected to reach USD 13.07 billion by 2022 from USD 10.43 billion in 2017.
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The global advanced wound care market is categorized into surgical wounds, ulcers, traumatic wounds, burns, and other wounds. The ulcers segment is estimated to grow at the fastest rate during the forecast period.
Factors such as the rising incidence of pressure ulcers, diabetic foot ulcers, and venous ulcers and increasing geriatric populationare the key factors driving the growth of this segment.
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Factors driving the growth of this market include the increasing prevalence of diabetic foot, pressure ulcers, venous leg ulcers, and other chronic wounds; increasing geriatric population; surging R&D activities in the field of wound care research; development of advanced wound care products; and increasing awareness programs for wound care treatment and management. On the other hand, the growth of this market is hindered to some extent due to the high cost of chronic wound treatment.
The active wound care segment is anticipated to grow at the highest CAGR during the forecast period. The active wound care market is expected to witness growth during the forecast period owing to the rising geriatric population, increasing prevalence of diabetes and obesity, growing awareness of active wound products, and the increasing number of seniors living in long-term care facilities.
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The key players in the advanced wound care market are Smith & Nephew (UK), Mölnlycke Health Care (Sweden), B. Braun (Germany), ConvaTec Group (US), Coloplast (Denmark), Integra LifeSciences (US), 3M Company (US), Cardinal Health (US), Acelity L.P.
(US), Medtronic (US), MPM Medical (US), PAUL HARTMANN (Germany), Medline Industries (US), Lohmann & Rauscher (Germany), Advanced Medical Solutions Group (UK), BSN medical GmbH (Germany), Wound Care Technologies (US), Vivostat A/S (Denmark), Organogenesis (US), Hematris Wound Care (Germany), Alliqua BioMedical (UK), MiMedX Group (US), Triage Meditech (India), DeRoyal Industries (US), and Laboratoires URGO (UK).
Key Point from Table of Content
Global Advanced Wound Care Market, By Product
Moist Wound Dressings
Wound Therapy Devices
Pressure Relief Devices
Global Advanced Wound Care Market, By Wound Type
Diabetic Foot Ulcers
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