Advanced Wound Care Management Market: Global Industry Research Report 2020-2028

Advanced Wound Care Management Market: COVID-19 Impact and Global Analysis Forecast to 2028

Published Date: May 2021

No. of Pages: 208

Status: Upcoming

Report Code: EMR100255

The conventional wound closure and care and advanced wound closure and care products are widely used in order to treat chronic and acute injuries and wounds. Chronic wounds are not easily treated and are hard to heal severe wounds, which take a significant and considerable amount of time to heal the wound and are relatively more expensive in terms of treatment. Advanced wound care & closure products are witnessing a significant growth and are emerging as a more standard solution in order to treat chronic wounds. Conventional wound care & closure products are widely being substituted when compared to advanced wound care & closure products owing to their enhanced effectiveness and efficacy in terms of managing wounds by enabling faster healing.
Various attempts in order to reduce the overall duration of stays in hospitals in order to reduce the overall costs of surgical healthcare and the increasing inclination towards those products which improve therapeutic outcomes and are considered to be the major factors driving the total demand for advanced wound care & closure products. The several risks termed with ineffective healing of wound helps in promoting the demand for combination dressings which in turn is a modern trend in the global market and is replacing the conventional and traditional wound dressing methods. Some of the other major elements fueling the growth of the global wound care management market include rising aging population, increasing government support in terms of funding as well as rising incidences of chronic diseases such as diabetes and obesity.

The global wound care management market can be classified based on application, product type and geography. Based on product type, the global wound care management market can be classified into advanced wound care and advanced wound closure. The advanced wound closure segment can be further sub-segmented into sealing and hemostatic agents (surgical sealant, fibrin sealant, thrombin fleece and gelatin based sealant and human fibrinogen), wound closure devices (wound closure strips , mechanical stapling devices, ligating clips and others) topical tissue adhesive. The advanced wound care segment can be sub-classified into active wound care (skin substitutes and growth factors), wound dressings (films, hydrocolloids, foams, collagen, hydrogels, silver wound dressings and alginates), therapy devices (negative pressure wound therapy, pressure relief devices and others). Based on application, the global wound care management market can be classified into pressure ulcers, burns, venous leg ulcers, ulcers, surgical wounds, diabetic ulcers and arterial ulcers.
Based on end-user, the global wound care management market can be classified into clinics, hospitals, home healthcare and community health services. By geography, the global wound care management market can be segmented into North America, Europe, Latin America, Middle East & Africa and Asia Pacific. The robust demand especially in the Asia Pacific region is expected to be one of the key driving factors for the overall growth of the global market. Furthermore, China is further projected to account for the highest share in the global market and is expected to maintain its lead in the overall demand during the forecast period. This can be attributed to rapid industrialization and increasing urbanization during the past few years. The markets in various other developing economies such as Poland, Brazil, Russia, Indonesia, New Zealand, Argentina, Korea and India among others are also expected to witness a rapid growth throughout the forecast period. Moreover, this rising per capita disposable income and surge in the global economy is another key factor.

Key players operating in the global market are keep close eye on some of the major market strategies such as partnerships, mergers, collaborations and acquisitions in order to keep hold in the ever competitive global market. Moreover they are focusing on gaining hold on the local players to strengthen their goodwill as well as to enhance their market reach in the global market. Key players involved in the manufacture and supply of advanced wound care management products include Kinetic Concepts, Smith and Nephew, Derma Sciences, Ovidien, Baxter International, BSN Medical ,ConvaTech, Coloplast and Integra Life Sciences among others.

The global wound care management market can be segmented by:
By product type:
• Advanced wound care
• Advanced wound closure
Advanced wound closure:
• Active wound care (skin substitutes and growth factors),
• Wound dressings (films, hydrocolloids, foams, collagen, hydrogels, silver wound dressings and alginates),
• Therapy devices (negative pressure wound therapy, pressure relief devices and others)

Advanced wound care:
• Active wound care (skin substitutes and growth factors),
• Wound dressings (films, hydrocolloids, foams, collagen, hydrogels, silver wound dressings and alginates),
• Therapy devices (negative pressure wound therapy, pressure relief devices and others)

By Application:
• Pressure ulcers
• Burns
• Venous leg ulcers
• Ulcers
• Surgical wounds
• Diabetic ulcers
• Arterial ulcers

By End user:
• Clinics
• Hospitals
• Home healthcare
• Community health services

By geography:
• North America
• Europe
• Latin America
• Middle East & Africa
• Asia Pacific

The Leading Key Players in Advanced Wound Care Management Market

Kinetic Concepts
Smith
Nephew
Derma Sciences
Ovidien
Baxter International
BSN Medical
ConvaTech
Coloplast
Integra Life Sciences