Advanced Wound Care Market By Wound Type (Burns, Pressure Ulcers, Diabetic Foot Ulcers, Arterial Ulcer, Surgical And Traumatic Wounds), By Product Type (Advanced Wound Dressings, Active Wound Care) - Growth, Future Prospects And Competitive Analysis 2017 – 2025

Currently, advanced wound care therapies for different compositions and indications are being developed; these include collagen products, alginate, biological skin equivalents (BSE), etc. With the advent of wound care technology, innovative products and devices are accessible and affordable for the treatment of wounds. The most commonly used treatment, wound dressing, is more advanced and available in different forms to better suit the patient's needs and the clinician's choices. Thus, there is a shift in treatment towards using bioactive dressing and the application of devices to meet the clinical need. The rise in chronic diseases has led to chronic wounds such as diabetic foot ulcers, pressure ulcers, etc., which are one of the driving factors of the advanced wound care market.

The report titled "Advanced Wound Care Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025" offers strategic insights into the overall advanced wound care market, along with the market size and estimates for the duration of 2015–2025. The said research study covers an in-depth analysis of multiple market segments based on the type of product, wound, and different geographies. The product type segment studied for analyzing the overall global advanced wound care market is majorly segmented into advanced wound dressings and active wound care. Advanced wound dressing is further sub-segmented into foam dressing, hydrocolloid dressings, Hydrofiber dressings, film dressings, alginate dressings, hydrogel dressings, collagen dressings, and semi-permeable films. Active wound care is further classified as artificial skin and skin substitutes, as well as growth factors. The wound type segment studied for analyzing the overall global advanced wound care market is majorly segmented into burns, pressure ulcers, diabetic foot ulcers, arterial ulcers, and surgical and traumatic wounds.

Geographically, the global market for advanced wound care is studied for the following regional markets:

  • North America
  • U.S.
  • Canada
  • Europe
  • U.K.
  • Germany
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • Rest of Asia Pacific
  • Latin America (LATAM)
  • Mexico
  • Brazil
  • Rest of LATAM
  • Middle East and Africa (MEA)
  • Saudi Arabia
  • South Africa
  • the remainder of MEA

The market size and forecast for these regional and country-level markets are presented in this study for the period 2015–2025. Market growth rates for the forecast period 2017–2025 are also included in this report, considering 2016 as the base year.

Along with quantitative information, qualitative information sets and assessment tools are provided in this study for a better analysis of the overall market scenario and future prospects. Information such as market inclination insights and drivers, challenges, and opportunities assists the readers in understanding the ongoing trends in the global advanced wound care market. Tools such as key player market positioning and an appealing investment proposition provide readers with insights into the global advanced wound care market's competitive scenario. This report concludes with a company profiles section that highlights major information about the key players engaged in the global advanced wound care market. In-depth competitive environment analysis and historical (2015) market size data are also provided in the report.

Based on the type of wound, the advanced wound care market is segmented as follows:

  • Diabetic foot ulcers
  • Pressure ulcers
  • Venous leg ulcer
  • Arterial Ulcer
  • Burns
  • Surgical and traumatic wounds
  • Others

The rise in chronic and acute wounds is anticipated to drive the advanced wound care market during the forecast period. Chronic wounds such as diabetic foot ulcers occupy the largest market share in the advanced wound care industry, given the rise in the population of diabetic patients. Acute wounds, such as surgical and traumatic wounds, as well as burns, are also rapidly expanding markets. With an increase in the number of surgeries performed and accidents or mishaps occurring, surgery and traumatic wounds are expected to be the fastest-growing markets. Thus, the rising geriatric population and lifestyle changes causing an increase in the prevalence of chronic diseases are some of the drivers accelerating the advanced wound care market.

Based on the type of product, the advanced wound care market is segmented as follows:

  • advanced wound dressings
  • Foam dressings
  • Hydrocolloid dressings
  • Hydrofiber dressings
  • Film dressings
  • Alginate dressings
  • Hydrogel dressings
  • Collagens dressing
  • Semi-Permeable Films
  • active wound care
  • Artificial skin and skin substitutes
  • Growth Factors

In 2016, advanced wound dressings occupied the largest market share for the advanced wound care market due to their fast adoption rate for chronic wound treatment. Though the advanced wound care segment is anticipated to be a fast-growing market during the forecast period, In advanced wound dressing, the foam dressing sub-segment occupies the largest market share. The subsegment of artificial skin and skin substitutes would drive market demand in the active wound care market. Rising chronic wounds, such as diabetic foot ulcers caused by lifestyle changes that cause chronic diseases, as well as the use of cosmetic and surgical procedures for wound treatment, are driving the growth of the advanced wound care market.

For the purpose of this study, the global advanced wound care market is geographically categorized into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America (LATAM)
  • Middle East and Africa (MEA)

In 2016, North America dominated the advanced wound care market, which is anticipated to grow in the future. The United States has the largest market share in advanced wound care management. The factors governing the growth of the North American market are the rise in the prevalence of chronic diseases, the increase in the geriatric population, new product development, and technological advancement in wound care management. Next followed regional market is Europe for advanced wound care with a high adoption rate for wound dressing and management, especially in diabetic patients, chronic wounds, and burns cases. Asia Pacific is the fastest-growing market for advanced wound care management due to increasing health awareness, a rising population base, patients suffering from chronic diseases, and an increase in disposable income and healthcare expenditure.

Frequently Asked Questions:

The market for Advanced Wound Care is expected to reach US$ 13,455.1 Mn in 2025.

The Advanced Wound Care market is expected to see significant CAGR growth over the coming years, at 6.4%.

The report is forecasted from 2017-2025.

The base year of this report is 2016.

Acelity L.P. Inc,3M,B. Braun Melsungen AG,BSN medical GmbH,Coloplast A/S are some of the major players in the global market.

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Published Date:  May 2017
Category:  Medical Devices
Report ID:   58484
Report Format:   PDF
Pages:   120
Rating:    4.6 (50)
Delivery Time: 24 Hours to 48 Hours   
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