Globally, North America accounted for the largest share in 2015 and is expected to maintain its dominance throughout the forecast period.
Acumen Research and Consulting, a global provider of market research studies, in a recently published report titled “Advanced Wound Care Market (Type: Advanced Wound Dressing, Advanced Wound Therapy Devices, Active Wound Care Products; Application: Surgical and Chronic Wounds, Ulcers, Burns; End-user: Inpatient Facilities, Outpatient Facilities) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2012-2022”, forecasts that the global advanced wound care market is anticipated to grow at a CAGR of around 7% from 2016 to 2022 and reach the market value of over $17 billion by 2022.
Rising geriatric population in the region, increasing incidences of chronic wounds, and number of road accidents are creating the need for advanced wound care in North America. Asia-Pacific is expected to register fastest growth, at a CAGR of 7.4% during the forecast period from 2016 to 2022.
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The growth of global advanced wound care market is driven by increase in geriatric population, and rising awareness towards use of advanced wound care products. The technological advancements in advanced wound care products are resulting in launch of innovative and more effective wound care products.
In addition, increase in burn cases across the globe, rising incidences of chronic wounds and increase in volume of surgeries are also driving the global advanced wound care market. Rising number of road accidents, globally, is further promoting for growth of global advanced wound care market.
Moreover, increasing incidence cases of diabetes and obesity cases are supporting the demand for advanced wound care products, globally. However, availability of alternative wound care products such as bandage, gauge and wadding is presently restricting the growth of global advanced wound care market to some extent.
These alternate wound care products are the primary choice of patients in case of cuts and scrapes. Moreover, the low cost of these alternative products encourages the inclination of individuals towards such products, thus limiting the market growth.
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The advanced wound care market is segmented based on type, applications, end users, and geography. Based on type, the market is segmented into advanced wound dressings, advanced wound therapy devices, and advanced wound care products.
Advanced wound dressing segment led the global market and accounted for around 48% share in 2015. This segment is further bifurcated into hydrocolloid dressings, foam dressings, film dressings, hydrogel dressings, alginate dressings, collagen dressings, and others.
The applications of advanced wound care market include surgical and chronic wounds, ulcers, and burns. Surgical and chronic wound segment accounted for the highest share in 2015 and is expected to lead the market throughout the forecast period.
The end user segment includes inpatient facilities and outpatient facilities. The global advanced wound care market is segmented regionally, into North America, Europe, Asia-Pacific, and Rest of the World (RoW).
Among the player operating in the global advanced wound care market, some profiled in the report include 3M Company, Acelity LP Inc., Coloplast Corp., Mo-Sci Corp., Deroyal industries Inc., Medtronic Plc., Organogenesis Inc., Hollister Inc., Dermarite Industries LLC, Molnlycke Healthcare AB, Derma Sciences Inc., Smith & Nephew Plc., and Integra Lifesciences Holdings Corp. among others. Mergers and acquisitions for technology sharing and development and new product launch are some of the major strategies followed by leading players in this market to sustain market competition.
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Table Of Content
Chapter 1. Research Scope & Methodology
1.1 Market Definition
1.2.1 Advanced Wound Care Market, By Type
1.2.2 Advanced Wound Care Market, By Application
1.2.3 Advanced Wound Care Market, By End-User
1.2.4 Advanced Wound Care Market, By Geography
1.3 Research Methodology And Sources
Chapter 2. Executive Summary
2.1 Key Findings
2.2 Research Summary
Chapter 3. Market Outlook
3.2 Market Trends
3.2.1 Increasing Demand For Combination Dressing
3.2.2 Increasing Utilization Of Nanofiber-Based Wound Dressing
3.3 Market Drivers and Its Impact
3.3.1 Growing Geriatric Population
3.3.2 Increasing Adoption Of Advanced Wound Care Products Owing To Growing Awareness
3.3.3 Technological Advancements
3.3.4 Rise In The Number of Burn Cases
3.3.5 Growing Number of Surgeries Globally
3.3.6 Increasing Incidences Of Chronic Wounds
3.3.7 Rise In Number Of Road Accidents
3.3.8 Increasing Cases Of Diabetes
3.3.9 Rising Cases Of Obesity Disorder
3.3.10 Impact Analysis Of Drivers
3.4 Restraints And Its Impact
3.4.1 Availability of Alternate Treatment Options
3.4.2 High Cost Of Advanced Wound Care Products
3.4.3 Impact Analysis Of Restraints
Chapter 4. Global Advanced Wound Care Market Size And Forecast, 2012 – 2022
4.1 Global Advanced Wound Care Market, By Type
4.2 Global Advanced Wound Care Market, By Application
4.3 Global Advanced Wound Care Market, By End-User
4.4 Global Advanced Wound Care Market, By Region
Chapter 5. Global Advanced Wound Care Market, By Type
5.1 Advanced Wound Dressing Market
5.1.1 Advanced Wound Dressing Market, By Type
22.214.171.124 Foam Dressing
126.96.36.199 Hydrocolloid Dressing
188.8.131.52 Film Dressing
184.108.40.206 Alginate Dressing
220.127.116.11 Hydrogel Dressing
18.104.22.168 Collagen Dressing
5.1.2 Advanced Wound Dressing Market, By Region
5.2 Wound Therapy Device Market
5.2.1 Wound Therapy Device Market, By Type
22.214.171.124 Negative Pressure Wound Therapy (NPWT) Devices
126.96.36.199 Oxygen & Hyperbaric Oxygen Equipment
188.8.131.52 Electrical Stimulation Devices
5.2.2 Wound Therapy Device Market, By Region
5.3 Active Wound Care Product Market
5.3.1 Active Wound Care Product Market, By Type
184.108.40.206 Artificial Skin and Skin Substitutes
220.127.116.11 Topical Agents
5.3.2 Active Wound Care Product Market, By Region
Chapter 6. Global Advanced Wound Care Market, By Application
6.1 Surgical And Chronic Wounds
6.2.1 Pressure Ulcers
6.2.2 Diabetic Ulcers
6.2.3 Venous Ulcers
6.2.4 Arterial Ulcers
Chapter 7. Global Advanced Wound Care Market, By End-User
7.1 Inpatient Facilities
7.2 Outpatient Facilities
Chapter 8. Global Advanced Wound Care Market, By Geography
8.1 North America Advanced Wound Care Market
8.1.1 North America Advanced Wound Care Market, By Type
8.1.2 North America Advanced Wound Care Market, By Application
8.1.3 North America Advanced Wound Care Market, By End-User
8.1.4 North America Advanced Wound Care Market, By Country
8.2 Europe Advanced Wound Care Market
8.2.1 Europe Advanced Wound Care Market, By Type
8.2.2 Europe Advanced Wound Care Market, By Application
8.2.3 Europe Advanced Wound Care Market, By End-User
8.2.4 Europe Advanced Wound Care Market, By Country
8.3 Asia-Pacific Advanced Wound Care Market
8.3.1 Asia-Pacific Advanced Wound Care Market, By Type
8.3.2 Asia-Pacific Advanced Wound Care Market, By Application
8.3.3 Asia-Pacific Advanced Wound Care Market, By End-User
8.3.4 Asia-Pacific Advanced Wound Care Market, By Country
8.4 Rest Of The World (Row) Advanced Wound Care Market
8.4.1 Row Advanced Wound Care Market, By Type
8.4.2 Row Advanced Wound Care Market, By Application
8.4.3 Row Advanced Wound Care Market, By End-User
8.4.4 Row Advanced Wound Care Market, By Country
Chapter 9. Competitive Positioning Analysis
9.1 Porter’s Five Forces Analysis
9.1.1 Bargaining Power Of Buyers
9.1.2 Bargaining Power Of Suppliers
9.1.3 Threat Of New Entrants
9.1.4 Intensity Of Rivalry
9.1.5 Threat Of Substitutes
9.2 Competitive Benchmarking Of Key Players
Chapter 10. Company Profiles And Strategic Developments
10.1 Key Company Profiles
10.1.1 3M Company
10.1.1.1 Business Overview
10.1.1.2 Product And Services Offerings
10.1.2 Acelity L.P. Inc.
10.1.2.1 Business Overview
10.1.2.2 Product And Service Offerings
10.1.3 Coloplast Corp.
10.1.3.1 Business Overview
10.1.3.2 Product And Service Offerings
10.1.4 Mo-Sci Corp.
10.1.4.1 Business Overview
10.1.4.2 Product And Service Offerings
10.1.5 Deroyal Industries Inc.
10.1.5.1 Business Overview
10.1.5.2 Product And Service Offerings
10.1.6 Medtronic Plc
10.1.6.1 Business Overview
10.1.6.2 Product And Service Offerings
10.1.7 Organogenesis Inc.
10.1.7.1 Business Overview
10.1.7.2 Product And Service Offerings
10.1.8 Hollister Inc.
10.1.8.1 Business Overview
10.1.8.2 Product And Service Offerings
10.1.9 Dermarite Industries LLC.
10.1.9.1 Business Overview
10.1.9.2 Product And Service Offerings
10.1.10 Mölnlycke Health Care AB
10.1.10.1 Business Overview
10.1.10.2 Product And Services Offerings
10.1.11 Smith & Nephew Plc
10.1.11.1 Business Overview
10.1.11.2 Product And Services Offerings
10.1.12 Derma Sciences Inc.
10.1.12.1 Business Overview
10.1.12.2 Product And Service Offerings
10.1.13 Integra Lifesciences Holdings Corp.
10.1.13.1 Business Overview
10.1.13.2 Product And Service Offerings
10.2 Strategic Developments In The Advanced Wound Care Market
10.2.1 Mergers And Acquisition
10.2.2 Product Launch
10.2.3 Other Developments
Chapter 11. Appendix
11.1 List Of Abbreviations
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