advanced wound care market Detailed Analysis and Forecast up to 2028 - The Insight Partners.

Posted by niket gore on July 25th, 2022

The global advanced wound care market is expected to reach US$ 11,564.6 Mn in 2028 from US$ 8,181.9 Mn in 2022. The market is estimated to grow with a CAGR of 4.5% from 2022-2028. Increasing prevalence of diabetes & related chronic wounds is expected to drive the growth of the market.  However, cost of advanced wound care treatments in recent years is expected to hamper the growth of the market. There has been a significant rise in the number of patient pool diabetes. Diabetes is one of the largest global health condition of the 21st century. Each year there is a rise in people with this condition, which can result in life-changing complications. For instance, according to the International Diabetes Federation (IDF), in 2017, number of people with diabetes in North America was approximately 46 million which is expected to grow at 62 million in 2045. The increase in the disease prevalence is around 35% during the forecast period.

Diabetic foot ulcers are a common cause of amputation due to diabetes. Across the globe, approximately every 30 seconds one leg is amputated because of diabetes. According to the report published by International Journal of Endocrinology, in 2017, approximately 15–25% of patients with diabetes are susceptible to foot ulcer during their lifetime. The growing number of patient pool associated with the diabetes is driving the demand of advanced wound care in the recent years. As there are constant occurrences of injuries caused due to diabetes in low and medium as well as high income countries, the demand for wound care products are expected to grow during the forecast periods.

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The report segments the global advanced wound care market as follows:

Global Advanced Wound Care Market – By Product

  • Dressings

o   Film Dressings

o   Hydrogel Dressings

o   Foam Dressings

o   Hydrocolloid Dressings

o   Other Dressings

  • Devices

o   Electrical Stimulation

o   Pressure Relief Devices

o   Hyperbaric Oxygen Equipment

o   Negative Pressure Wound Therapy Systems

o   Others

  • Bioactives

o   Autografts

o   Allografts and Xenografts

o   Topical Agents

o   Others

·        Global Advanced Wound Care Market – By Wound Type

  • Surgical
  • Trauma
  • Burns
  • Ulcers
  • Diabetic Foot
  • Others

·        Global Advanced Wound Care Market – By End User

  • Hospitals & Clinics
  • Ambulatory Care Centers
  • Wound Care Centers
  • Others

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niket gore
Joined: July 6th, 2022
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