CHICAGO, Aug. 14, 2020 /PRNewswire/ -- According to the new market research report "Advanced Wound Care Market by Product [Dressings (Foam, Hydrocolloid, Alginate, Film), NPWT, Debridement Devices, Grafts, Matrices, Topical Agents], Wound Type (Surgical, Traumatic, Ulcers, Burns), End User (Hospital, Homecare) & Region - Global Forecast To 2025", published by MarketsandMarkets™, the global Advanced Wound Care Market is expected to reach USD 16.5 billion by 2025 from USD 10.3 billion in 2020, at a CAGR of 9.8%.
Download PDF Brochure:
The Growth in this market is largely driven by the rapidly growing geriatric population, rising incidence of diabetes, technological advancements in wound care products, funding for wound care research, and growing awareness of wound management.
The dressings segment accounted for the largest share of the market, by product segment, in 2019
Based on product, the market is segmented into dressings; devices & accessories; grafts & matrices and topical agents. The dressings segment accounted for the largest share of the market in 2019. Factors driving the growth of this segment include the increasing incidence of diabetes and the rising demand for innovative and advanced wound dressings across the globe.
Browse in-depth TOC on "Advanced Wound Care Market"
348 – Tables
35 – Figures
326 – Pages
Hospitals, ASCs, and Wound Care Centers segment to register the highest growth rate during the forecast period
Based on end user, the market is segmented into hospitals, ASCs, and wound care centers; home care settings; and other end users. The hospitals, ASCs, and wound care centers segment is expected to account for the highest share in 2019. The large share of this segment can be attributed to factors such as the growing prevalence of surgical and chronic wounds; rising incidence of associated SSIs and HAIs; and increasing incidences of burn injuries.
North America is the largest regional market for advanced wound care market
The global market is segmented into North America, Europe, the Asia Pacific, and the Latin America and Middle East and Africa. The North American market is expected to account for the highest market share in 2019. The large share of this regional segment can be attributed to the growing prevalence of chronic conditions resulting in chronic, surgical, and traumatic wounds; the increasing incidence of burn injuries; increasing spending on surgical and chronic wounds; and technological advancements in this region.
Get 10% Customization on this Research Report:
The major players operating in advanced wound care market are Smith & Nephew Plc. (UK), Mölnlycke Health Care AB (Sweden), B. Braun Melsungen Ag (Germany), ConvaTec Group (UK), Coloplast A/S (Denmark), Integra LifeSciences Holdings Corporation (US), 3M Group (US), Cardinal Health Inc. (US), Paul HARTMANN (Germany), Medline Industries (US), Lohmann & Rauscher (Germany), Advancis Medical LLC (UK), Organogenesis (US), MiMedx Group (US), DeRoyal Industries Inc. (US), Winner Medical Co. Ltd. (China), Kerecis (Iceland), Hollister Inc. (US), Shield Line (US), Welcare Industries SPA (Italy), Misonix (US), MilLaboratories Pvt. Ltd. (India), ACell (US), Zimmer Biomet (US), and DermaRite Industries LLC (US).
Browse Adjacent Markets: Medical Devices Market Research Reports & Consulting
Get Special Pricing on Bundle Reports:
Browse Related Reports:
Wound Debridement Market by Product (Enzymatic, Autolytic (Gels, Ointments), Mechanical (Medical Gauzes), Surgical, Ultrasonic), Wound Type (Diabetic Foot Ulcers, Venous Leg, Pressure Ulcers, Burns), End User (Hospitals, Clinics) - Global Forecast to 2025
Wound Dressings Market by Type (Traditional, Advanced (Alginate, Collagen, Hydrogel, Foam, Hydrocolloid, Film)), Wound Type (Traumatic, Surgical, Diabetic Foot, Venous Leg Ulcer & Burns), End User (Hospital, ASCs, Homecare) - Global Forecast to 2025
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets' flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062
Email: [email protected]
Visit Our Website: https://www.marketsandmarkets.com