Kalorama: Five Countries Total 3.1 Billion Dollar Opportunity for Wound Care Device Makers
Jun 23, 2015, 07:17 ET
NEW YORK, June 23, 2015 /PRNewswire/ -- According to Kalorama Information, opportunities in the wound care market abound at the country level. Five countries - South Korea, Australia, Brazil, India, and China - combined represent a $3.1 billion market. Kalorama feels that the global wound care market will continue to expand over the long term due to an aging population, longer life expectancies, and an increasing number of ill patients across all care settings. Patients have more complex coexisting illnesses such as diabetes, heart failure, obesity, pulmonary and vascular diseases, immobility issues and chronic wounds. Global Wound Care Markets outlines wound care market category segments, providing revenue data on the advanced wound care market in 12 countries: Germany, France, Italy, United Kingdom, United States, Japan, Canada, China, India, Brazil, Australia, and South Korea. Breakouts for the rest of Europe and rest of world are provided as well.
The Global Wound Care Markets report can be found at Kalorama Information: http://www.kaloramainformation.com/Global-Wound-Care-9052036/.
"A worldwide economic slowdown did not seem to have a big impact on this market, demand for therapies remained high," said Bruce Carlson, Publisher of Kalorama Information. "Growth should continue to come from new therapies, which will result in decreased healing times and subsequent cost savings."
The wound care market is varied in terms of both product offerings and product maturity. The largest segment of the global market for wound care is that of surgical and trauma wound management, which includes wound closure, anti-infectives, wound management, moist dressings, biologic dressings, and miscellaneous treatments. Other market segments are those of negative pressure wound therapy and pressure relief.
Several of the products within the global wound care market are mature, such as anti-infectives and pressure relief devices, while others such as biological dressings and negative pressure wound therapy are in the infant stages of development. Advancements in biotechnology, biomaterials, and tissue engineering are expected to drive growth in the market. Another area driving growth is that of negative pressure wound therapy. The market is expected to exhibit an overall steady growth rate due to recent emphasis on wound care products and prevention and a growing focus on special populations such as those of diabetics and the obese.
Global Wound Care Markets provides revenue data in the wound care market segments of anti-infectives, wound management, moist dressings, biologic dressings, miscellaneous treatments, negative pressure wound therapy, and pressure relief for Germany, France, Italy, United Kingdom, United States, Japan, Canada, China, India, Brazil, Australia, and South Korea. Forecast data are provided through 2019. Background information was obtained from a comprehensive search of published literature and reports obtained from various government, business, medical trade, and international journals.
Global Wound Care Markets (Twelve Country Analysis: Germany, France, Italy, United Kingdom, United States, Japan, Canada, China, India, Brazil, Australia, South Korea) can be found at Kalorama Information: http://www.kaloramainformation.com/redirect.asp?progid=87592&productid=9052036.
About Kalorama Information
Kalorama Information, a division of MarketResearch.com, supplies the latest in independent medical market research in diagnostics, biotech, pharmaceuticals, medical devices and healthcare; as well as a full range of custom research services. Reports can be purchased through Kalorama's website and are also available on www.marketresearch.com and www.profound.com.
We routinely assist the media with healthcare topics. Follow us on Twitter, LinkedIn and our blog at www.kaloramainformation.com.
Logo - http://photos.prnewswire.com/prnh/20140801/132634
SOURCE Kalorama Information
Share this article