Advance Wound Care Management Market Overview, Prominent Key Players (3M, Convatec Group, Acelity, Smith & Nephew, Coloplast, Derma Sciences, Baxter International), Application, Share and Cost Structure Analysis | Global Foreseen Till 2023

Marketprognosis.com Publish a New Market Research Report On “Global Advance Wound Care Management Market 2018 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Advance Wound Care Management Market:

The Global Advance Wound Care Management Market is expected to register a CAGR of 6.25% during the forecast period 2018 to 2023. With more than 35% of the market share, North America is expected to dominate the market in the forecast period this is due to increasing incidences of chronic wounds along with favorable reimbursement policies in this region.

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According to NCBI, more than 9.3 percent of United States population which is estimated around 29.1 million people, is affected by diabetes. In adults who are aged over 65 years, the percent of population suffering with diabetes is more than 25 percent. The incidence of chronic wounds especially foot ulcers increases among the diabetic population. While more than 80,000 adults are expected to undergo a lower extremity amputation, It is also estimated that patient with diabetes are 10 times more likely to undergo amputation at some point in their life. The numbers of diabetes patients are expected to increase with increasing geriatric population which in turn will drive the market for wound care management in the forecast period.

In addition, increase in surgical procedures worldwide along with increasing ageing population is also fuelling the growth of advance wound care management market.

Wound care management is associated with high costs due to which it has a low adoption rate. According to a breakdown of wound costs provided by Smith & Nephew, 15-20% are material costs, 30-35% are nurse costs and more than 50% are hospitalization costs. Since, the hospitalization in necessary until the wound is dried, the high hospitalization costs is hindering the advance wound care management market globally.

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The Advance Wound Care Management market is segmented by product type, wound type, and geography. By geography it is segmented into North America, Europe, Asia-Pacific, the Middle East and Africa and South America.

North America dominates the advance wound care management market due to increasing incidences of chronic wounds, favorable reimbursement policies and rise in geriatric population. Europe is also expected to boost the growth of advance wound care management market due to increasing awareness of wound care management among geriatric population. Factors such as increasing accessibility to healthcare facilities in the region, rising medical tourism, and increasing prevalence of chronic diseases are also expected to contribute to the growth of market in this region.

Major Key Players:

1 Convatec Group Plc

2 Acelity

3 Smith & Nephew

4 Molnlycke Health Care Ab

5 3M Company

6 Coloplast

7 Derma Sciences Inc.

8 Baxter International

9 Integra Lifesciences

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What Information does this report contain?

1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants

2 Which are the leading market products, applications & regions and how will they perform by 2023?

3 What are the technologies & innovation trends, how will they evolve by 2023?

4 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Advance Wound Care Management Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Key Inferences

5 Market Overview

6 Drivers, Restraints, Opportunities and Challenges Analysis (Droc)

7 Market Segmentation

8 Competitive Landscape

9 Key Players

10 Future Outlook of the Market

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