Advanced Wound Care Management Market - Global Industry Insights and Forecast ti

Posted by Pareesh on October 31st, 2017

Wound isdefined as an injury to a tissue, wherein the skin is either cut ortorn, thus affecting the dermis of the skin. Wounds are of two types,namely acute and chronic wounds. Acute wounds take approximatelyeight weeks, following normal stages of wound healing. Whereas,chronic wounds do not follow the normal stages of healing and takelonger time to heal. The factors that give rise to chronic woundsinclude age, diabetes, cancer, obesity, poor nutrition, andinfection.

The woundcare market is segmented into traditional wound care and advancedwound care products. Health care professionals largely usetraditional wound care products under dry environment to protect thewound from external factors. The main focus of these products is totreat the non-severe wounds from bleeding, inhibit infection, and drythe wound. Whereas, Advanced wound care products are used byclinicians to provide a therapeutic effect that supports woundhealing. Advanced wound care is based on the theory of moistmicroenvironment that stimulates the natural healing process withoutblocking the wound and it includes film and foam dressings,hydrogels, alginates, and hydrocolloids. Besides maintaining ahydrated environment, which is more conducive for wound healing,advanced wound care products keep the temperature consistent, allowflow of oxygen, remove dead tissue, protect the site from exogenousinfection, and ease the pain associated with dressing changes.

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Alarminggrowth of diabetic population augments the advanced wound caremanagement market growth

The majorfactors driving the advanced wound care management market includesthe growing incidence of diabetes among the populace According toWorld Health Organization, in 2014, around 8.5% of the adultpopulation aged 18 years and above had diabetes, while in 2015, 1.6million deaths occurred due to diabetes. The other factorsinfluencing the advanced wound care management segment growth includethe growing geriatric population and rising incidences of chronicwounds. Advanced wound care is also used for different types ofulcers such as pressure ulcers, diabetic ulcers, and chronic ulcers.However, high costs associated with such treatments, one of thefactors expected to deter the advanced wound care management marketgrowth.

Negativepressure wound therapy is identified as the most promising technologyfor advanced wound care

Theadvanced wound care management market is segmented on the basis ofproduct type, application, end-user, and geographical regions.

On thebasis of product type, advanced wound care management market iscategorized into moist wound dressings, active wound care and therapydevices. Moist wound dressings is further segmented into foam, films,hydrocolloids, collagen, and alginates. Therapy devices are furthersegmented into negative pressure wound therapy and pressure reliefdevices. Active wound care is segmented into skin substitutes andgrowth factors. 

On thebasis of application, advanced wound care management market iscategorized into different segments such as skin ulcers, surgicalwounds, burn wounds, pressure ulcers, diabetic foot ulcers, venousleg ulcers and arterial ulcers. Among all these surgical wounds andskin ulcers are leading the global market.

On thebasis of end users, advanced wound care management market iscategorized into hospitals, clinics, ambulatory surgical centers andothers.

Increasingprevalence of chronic wounds in U.S. to boost the advanced wound caremarket in North America

On thebasis of regional segmentation, advanced wound care management marketis segmented into North America, Europe, Asia Pacific, Latin America,Middle East, and Africa. North America has more significance with allthe latest technologies such as negative pressure wound therapy,which is more efficient for treating illnesses. North America is theleading market with the 45% market share, followed by Europe andAsia. Advanced wound care market is expanding steadily and hascreated ample opportunities for the launch of new products. In termsof imminent growth potential, the emerging economies of Asia Pacificare expected to boost the global advanced wound care managementmarket due to growing population of chronic wound and diabeticpatients in the region. The region is expected to witness the fastestgrowth for the advanced wound care management market in the nearfuture.

Emergingplayers participating in merger and acquisition and strategicexpansion of product portfolio

Key playersin the global advanced wound care management market are Johnson &Johnson (J&J), Hill-Rom, KCI, 3M company, Baxter International,Acelity, Coloplast, Integra Lifesciences, Kinetic Concepts, Covidien,Smith & Nephew, Leap Therapeutics, Hematris wound care, AlliquaBio Medical, Layer Bio, and Triage Meditech.

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Pareesh

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Pareesh
Joined: May 31st, 2017
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