Advanced Wound Care Market by Type, Application, End User, and Geography - Global Forecast to 2020

Feb 22, 2016, 16:02 ET from ReportBuyer

LONDON, Feb. 22, 2016 /PRNewswire/ -- The purpose of this report is to cover the definition, description, and forecast of the global advanced wound care market. It involves deep dive analysis of market segmentation which comprises of submarkets, products, and end users. The report also gives the deep insight on, and strategic analysis of, the key players of this market.

The global advanced wound care market is estimated to grow at a CAGR of 7.0% from 2015 to 2020. North America holds the largest share in the global advanced wound care market, and the region's market is expected to grow at a CAGR of 6.9% during the forecast period.

In this report, the global advanced wound care market has been broadly classified on the basis of application, type, geography and end user. The application segment is divided into surgical wounds, ulcers, and other wounds, where ulcers are further segmented into diabetic foot ulcers, venous ulcers, pressure ulcers and arterial ulcers. The type segmentation includes dressings and grafts, where dressings are further categorized into antimicrobial dressings, foam dressings, gauze, hydrocolloids collagen, film dressings, hydrogels, composites, and alginate dressings; grafts are further segmented into composite skin grafts and biologic grafts. Biologic grafts include autografts, allografts, and xenografts. The geographic analysis includes regions, such as North America, Europe, Asia-Pacific, and the rest of the world (RoW). The end-user includes in-patient facilities and out-patient facilities.

Active wound care is the fastest growing segment which is estimated to grow at the highest CAGR from 2015 to 2020. Factors such as rising incidences of chronic wounds due to aging population, increasing incidences of diabetes, and lifestyle factors are driving the growth of this market. The rapidly increasing aging population across the world is a major driver for the growth of the global advanced wound care market. According to the WHO, between 2000 and 2050, the percentage of the global population of individuals aged above 60 years will witness a twofold increase—from about 11% to 22%.

The major companies in this market include Acelity L.P., Inc. (U.S.), Smith and Nephew Plc. (U.K.), Integra Lifesciences Corporation (U.S.), Mölnlycke Health Care (Sweden), ConvaTec, Inc. (U.S.), Coloplast Corp. (Denmark), Organogenesis Inc. (U.S.), Medline Industries, Inc. (U.S.), and MPM Medical, Inc. (RBC Life Sciences, Inc.) (U.S.). These companies have adopted various strategies, such as mergers & acquisitions and partnerships, among others, to achieve growth in the global anesthesia monitoring devices market.

Reasons to Buy the Report:

From an insight perspective, this research report has focused on various levels of analysis—industry analysis (industry trends, and PEST analysis), market share analysis of top players, supply chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging- and high-growth regions and countries and their respective regulatory policies, government initiatives, drivers, restraints, and opportunities.

The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help the firms in garnering a greater market share. Firms purchasing the report could use any one or combination of the below mentioned strategies for strengthening their market share.

- Market Penetration: Comprehensive information on top players in the advanced wound care market

- Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for various advanced wound care market
across geographies

- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the advanced wound care market

- Global Advanced wound care market Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the advanced wound care market

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