Press release
Global Opportunity in the Advanced Wound Care Market will be US$12571.4 Mn by 2025
Industry Analysis:Global advanced wound care market was valued at USD 12,571.4 million in 2017 and is expected to reach USD 24,054.5 billion by 2025 at a significant CAGR in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Advanced wound care products and traditional wound care products are used to treat acute and chronic wounds. Chronic wounds take considerable time to heal and are expensive to treat. Due to its high cost, advanced wound care has emerged as a standard solution for treating chronic wounds. Advanced wound care products are gradually replacing the traditional wound care products due to their efficacy and effectiveness in managing wounds by enabling faster healing.
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Top Players:
Acelity L.P. Inc dominated the advanced wound care market accounting largest market share followed by Smith and Nephew, and Molnlycke Healthcare AB along with other players such as
• Convatec Inc
• Baxter,
• Coloplast,
• Ethicon. Inc
• Integra Life Sciences Corporation
• Derma Sciences Inc.
• Organogenesis Inc,,
• B.Braun Melsungen AG
• Paul Hartmann Limited
Study Objectives
• To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the global Advance Wound Care market.
• To provide insights about factors affecting the market growth.
• To analyze the global Advance Wound Care market based porter’s five force analysis etc.
• To provide country level analysis of the market with respect to the current market size and future prospective.
• To provide country level analysis of the market for segment by component, deployment, application, vertical and region.
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Advance Wound Care.
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Market Segments:
• Based on type, the market is segmented into dressings, biologics and therapy devices. In 2017, dressing segment is expected to dominate the global advanced wound care market with 56.4% market share. However biologics segment is expected to grow at the highest CAGR of 10.8% in the forecast period 2018 to 2025.
• On the basis of Wound type, market is segmented into surgical wounds, diabetic ulcers, pressure ulcers, venous ulcers and burns. In 2018, surgical wound segment is expected to dominate the Global advanced wound care market with highest market. However diabetic ulcers is growing with the highest CAGR of in the forecast period 2018 to 2025.
• On the basis of end users, market is segmented into hospitals, wound care centers, ambulatory centres, home healthcare, clinics and community healthcare. In 2018, hospitals segment is expected to dominate the Global advanced wound care market with highest market share. However home healthcare segment is and growing with the highest CAGR in the forecast period 2018 to 2025.
• On the basis of distribution channels, market is segmented into direct drivers, retails. In 2018, direct tender is likely to rule the market and is also projected to grow with the highest CAGR in the forecast period 2018-2025
Based on geography, the market is segmented into 5 geographical regions:
• North America
• Europe
• Asia-Pacific
• South America
• Middle East and Africa
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