Global Advanced Wound Care Products Market is Estimated to Reach US$ 11,500 Mn by 2021 - Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast 2018 - 2026

Wound management products are generally as categorized as traditional and advanced. Advanced wound care products are very important in the treatment of the diabetic ulcers. Standard treatment for this includes infection control, local ulcer care and education on foot cares.

Chronic ulcers are the ones that persist even after prolonged care. The incidences of this disease are anticipated to increase with growing number of diabetic patients. (how is it increasing). Chronic wounds represent a burden on patient as well as healthcare spending. In 2004, the spending on the chronic wounds were double in comparison with dermatological cancer therapies.

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New market research report gives an in-depth idea about the global Advanced Wound Care Products market. It highlights the recent market scenario, growth in the past few years, and opportunities present for manufacturers in the future. In this research for the completion of both primary and secondary details, methods and tools are used. Also, investments instigated by organizations, government, non-government bodies, and institutions are projected in details for better understanding about the market.

Key participants of global advanced wound care products market are Laboratoires URGO, BSN Medical, Medtronic, B.Braun (B. Braun Melsungen AG), Coloplast A/S, Paul Hartmann, Kinetic Concepts, Inc., Medline Industries, Inc., Smith & Nephew, 3M Healthcare, Mölnlycke Healthcare AB, ConvaTech, Hollister Incorporated, Lohmann & Rauscher, Nitto Denko, Advanced Medical Solutions, DeRoyal Industries, Genewel Co., Ltd., Organogenesis Inc. and Winner Medical Co., Ltd. amongst others.

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Healthcare budgeting systems in various countries represents a real challenge in the industry. As advanced wound care products may be effective for hospital costs and healing times in the long run but in the short run, more evidences will require to change these things.

Smart dressings are expected to provide many opportunities in the industry. These dressings have sensors that helps to monitor condition in patient’s wound including PH, moisture amongst others.

Antimicrobial Dressings Accounts for Largest Market Share in Product Type Segment

Antimicrobial dressings in the global advanced wound care products market held the highest market share, the revenue for this segment accounted for US$ 2,360 Mn in 2017. Antimicrobial dressings have antiseptic agents incorporated in it and sometimes they damage healthy tissue. Recent, developments in antiseptic technology have led to new products which are less harmful to healthy tissues. Owing to the rising prevalence of drug-resistant antibiotics, antimicrobial dressings with antiseptic agents has the largest market share currently.

North America accounted for the largest market share in 2017
Around 6.5 million patients suffer from chronic wounds in the United States. Major portion of the healthcare spending is used in the chronic wound management and this spending is expected to rise in the future owing to the obesity, aging population and increasing healthcare costs.

In the 2018, Coolplast U.S. announced a new product named Biatain Silicone. This product comes offers variety of foam dressings in order to help healthcare professionals for wound management and pressure injuries. It has 3D fit technology, which will help to reduce the creation of dead space. With launching this product, company aims to offer their customers new solutions in order to meet their needs.

Advanced Wound Care Products Market - By Product Type
• Collagen Products
• Antimicrobial Dressings
• Foam Dressings
• Hydrocolloids
• Film Dressings
• Hydrogels
• Composites
• Alignate Dressings

Market By Application
• Acute Wounds
• Chronic Wounds
• Surgical Wounds

Market By Region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America

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