DUBLIN, Oct. 22, 2018 /PRNewswire/ --

The "Global Wound Care Market by Product, by Wound Type, by Application, by End User - Size, Share, Development, Growth and Demand Forecast, 2018-2024" report has been added to ResearchAndMarkets.com's offering.

Global Wound Care Product market report provides analysis for the period 2014 - 2024, in the forecast period from 2018-2024. The market study reveals that the global wound care product market is projected to grow with a CAGR over 6.2% in terms of value during the anticipated timeframe. The market is expected to reach over USD 42,069 Million by 2024.

The market growth is influenced by numerous reasons like growing aged population, increasing volume of surgeries, and increase in road accidents. Furthermore, increase in burn cases across the globe and increasing incidence of chronic wounds is also driving the growth of the market globally.

The market overview section of the report demonstrates market dynamics such as drivers, restraints, and opportunities that talks about the current nature and future scenario of the said market, key market indicators, end-user adoption analysis. Further, key market indicators included in the report provide the significant factors which are capable to define the market position of global wound care product.

Global wound care Product Market: Scope of the Report

On the basis on the type of products, the global wound care market is segmented into advanced wound care products, wound closure products and traditional wound care products. Based on type of wound, the global wound care market is further segmented into acute wound and chronic wound. Based on application, the global wound care market is further segmented into surgical wound, ulcer, and burn. Based on end user, the global wound care market is further segmented into inpatient and outpatient facilities. Inpatient facilities had the significant share among the end users and it also accounts for faster growth.

Finally, the report covers the analysis of these segments across based North America, Europe, Asia-Pacific and Rest of the World along with the qualitative analysis for market estimates that boosts the growth of the global skincare product market during the forecast period. Among different regions, the largest market is North America, while the fastest growing market for the wound care is Asia-Pacific.

The report also highlights the competitive landscape of the global wound care product market that includes the company overview, the products & offerings, strategic decisions taken by the company, launch of new products and financial highlights.

Key Findings of the Report

• North America led the global wound care market in 2017 and it is expected to grow with a CAGR over 6.33% during the anticipated period
• U.S. held the largest share in the North American wound care market in 2017 and it is expected to grow with a CAGR over 7% during the period 2018-2024
• Based on type of product, advanced wound care product generated largest revenue in the global wound care market in 2017 and it is expected to exhibit the fastest growth during the estimated period
• Chronic wound accounted for the major share in the global wound care market in 2017 and it is expected to grow with a CAGR of 5.7% during the period 2018 - 2024
• Surgical wound segment was the largest application area of wound care in 2017 and it is expected to exhibit the fastest growth during the forecast period
• Based on end user, inpatient facilities generated largest revenue in the global wound care market in 2017 and it is expected to exhibit the fastest growth during the period 2018-2024

Global wound care Product Market: Research Summary

The global wound care market is growing at a significant rate owing to increased utilization of wound care products for the treatment of chronic wounds, surgical wounds, burns and ulcers. These products accelerate wound healing process and alleviate patient's condition. Various wound care products available in the market include advanced wound care, traditional wound care and wound closure products. The utilization of wound care products is increasing due to growing geriatric population, increasing cases of diabetes and obesity, along with increase in the volume of surgeries. In addition to that, increase in number of road accidents and burn cases are also leading to their amplified utilization. However, high cost of wound care products and requirement of high technical assistance act as restraints in the growth of the wound care market.

U.S. was the largest country for global wound care market which holds over 38.5% share in 2017 and is expected to continue being the largest market during the forecast period. Presence of many end users including patients, hospitals, clinics, and medical stores supports the growth of the global wound care market in the country.

During the estimated timeframe, the demand for advanced wound care products is expected to grow at a faster rate, as these products are comfortable to wear, are flexible and prevent hindrance to body movements. The frequency of change of advanced wound care products is less as compared to traditional wound care products and thus, promotes epithelialization that accelerates the wound healing process.

Amongst different advanced wound care products, the consumption of advanced wound dressings was significant in 2017 and it is also expected to witness fastest growth with a CAGR over 6.8% during the forecast period. In addition to that, the sales of bandages contributed the major share among traditional wound care products and are expected to grow with a CAGR of 7% during 2018 - 2024.

Among the different wound therapy devices, the consumption of NPWT was highest in 2017 and it is also expected to witness fastest growth with a CAGR over 7.3% during the forecast period. High prevalence of chronic wounds and increase in number of surgeries across the globe are the key drivers for this market. The global wound care market for chronic wound is expected to witness highest growth with a CAGR over 6.8% during the forecast period owing to increasing prevalence of obesity, ulcer, diabetes and growing geriatric population across the globe.

Key Topics Covered:

1. Research Scope and Methodology
1.1. Market Definition
1.2. Research Scope
1.3. Research Methodology and Sources

2. Executive Summary
2.1. Key Findings
2.2. Research Summary

3. Market Outlook
3.1. Factors Driving the Growth of the Market and its Impact on Market Forecast
3.2. Growing geriatric population
3.3. Increasing volume of surgeries
3.4. Increase in road accidents
3.5. Growing burn cases
3.6. Increasing incidence of chronic wounds
3.7. Impact analysis of drivers on market forecast
3.8. Factors Hindering Growth of the Market and its Impact on Market Forecast
3.8.1. High cost of wound care products
3.8.2. Requirement of high technical assistance
3.8.3. Impact analysis of restraints on market forecast

4. Global Wound Care Market Size and Forecast (2012-2024)
4.1. Global Wound Care Market, by Type of Product
4.2. Global Wound Care Market, by Type of Wound
4.3. Global Wound Care Market, by Application
4.4. Global Wound Care Market, by End user
4.5. Global Wound Care Market, by Region

5. Global Wound Care Products Market
5.1. Advanced Wound Care Products Market
5.1.1. Global advanced wound care products market, by type
5.1.2. Global advanced wound care products market, by region
5.2. Wound Closure Products Market
5.2.1. Global wound closure products market, by type
5.2.2. Global wound closure products market, by region
5.3. Traditional Wound Care Products Market
5.3.1. Global wound closure products market, by type
5.3.2. Global traditional wound care products market, by region

6. Global Advanced Wound Care Products Market
6.1. Advanced Wound Dressing Market
6.1.1. Global advanced wound dressing market, by type
6.1.1.1. Foam dressing
6.1.1.2. Hydrocolloid dressing
6.1.1.3. Film dressing
6.1.1.4. Alginate dressing
6.1.1.5. Hydrogel dressing
6.1.1.6. Collagen dressing
6.1.2. Global advanced wound dressing market, by region
6.2. Wound Therapy Device Market
6.2.1. Global wound therapy device market, by type
6.2.1.1. Negative pressure wound therapy (NPWT)
6.2.1.2. Oxygen & hyperbaric oxygen (OHO) equipment
6.2.1.3. Electrical stimulation devices (ESD)
6.2.2. Global wound therapy device market, by region
6.3. Active Wound Care Product Market
6.3.1. Global active wound care product market, by type
6.3.1.1. Artificial skin and skin substitutes
6.3.1.2. Topical agent
6.3.2. Global active wound care product market, by region

7. Global Traditional Wound Care Products Market
7.1. Traditional Wound Care Products Market
7.1.1. Global traditional wound care products market, by type
7.1.1.1. Bandage
7.1.1.2. Gauze
7.1.1.3. Sponge
7.1.1.4. Abdominal pad
7.1.2. Global traditional wound care products market, by region

8. Global Wound Care Market, by Type
8.1. Sutures Market
8.1.1. Global suturemarket, by type
8.1.1.1. Absorbable Suture
8.1.1.2. Non-Absorbable Suture
8.1.2. Global suturemarket, by region
8.2. HemostatMarket
8.2.1 Global hemostatmarket, by type
8.2.1.1 cellulose hemostat
8.2.1.2 Collagen hemostat
8.2.1.3 Thrombin based hemostat
8.2.1.2 Oxidized regenerated
8.2.1.4 Gelatin hemostat
8.2.2 Global hemostatmarket, by region
8.3. Surgical StapleMarket
8.3.1. Global surgical staplemarket, by region
8.3.1.1. Adhesive and Tissue SealantMarket
8.3.2. Global adhesive and tissue sealantmarket, by type
8.3.2.1. Fibrin sealant
8.3.2.2. Collagen sealant
8.3.2.3. Cyanoacrylatesealant
8.3.2.4. Synthetic polymersealants
8.3.2.5. Albumin & glutraldehyde sealant
8.3.3. Global adhesive and tissue sealantmarket, by region
8.4. Wound Closure StripMarket
8.4.1. Global wound closure stripmarket, by region

9. Global Wound Care Market, by Type of Wound
9.1. Wound Care Market for Chronic Wound
9.1.1. Global wound care market for chronic wound, by region
9.2. Wound Care Market for Acute Wound
9.2.1. Global wound care market for acute wound, by region

10. Global Wound CareMarket, by Application
10.1. Wound CareMarket for Surgical Wound
10.1.1. Global wound care market for surgical wound, by region
10.2. Wound CareMarket for Ulcer
10.2.1. Types of ulcer
10.2.1.1. Pressure ulcer
10.2.1.2. Diabetic ulcer
10.2.1.3. Venous ulcer
10.2.1.4. Arterial ulcer
10.2.2. Global wound caremarket for ulcer, by region
10.3. Wound CareMarket for Burn
10.3.1. Global wound caremarket for burn, by region

11. Global Wound Care Market, by End User
11.1. Wound Care Market for Inpatient Facilities
11.1.1. Global wound care market for inpatient facilities, by region
11.2. Wound Care Market for Outpatient facilities
11.2.1. Global wound care market for outpatient facilities, by region

12. Global Wound Care Market, by Geography

13. Competitive Analysis

• 3M Company
• Medtronic plc
• Smith & Nephew plc
• Mlnlycke Health Care AB
• Hollister Inc.
• Derma Sciences Inc.
• Johnson & Johnson
• DeRoyal Industries Inc.
• DermaRite Industries LLC.
• ConvaTec
• Coloplast A/S
• Mo-Sci Corp.
• Organogenesis Inc.
• Acelity L.P. Inc.

For more information about this report visit https://www.researchandmarkets.com/research/hrjkfb/global_wound_care?w=5

Did you know that we also offer Custom Research? Visit our Custom Research page to learn more and schedule a meeting with our Custom Research Manager.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets

Related Links

http://www.researchandmarkets.com