Advanced Wound Care (AWC) Market Driving Business growth up to $15 billion by 2025; Rise In Demand For Faster Wound Healing And Recovery in Healthcare

Crystal Market Research has Announce the addition report of the Global Advanced Wound Care Market is expected to be around $15 billion by 2025. This can be primarily attributed to number of factors such as growing incidence of chronic diseases such as diabetic foot ulcers, pressure ulcers, and venous leg ulcers, ongoing technological innovations in AWC products, and rise in demand for faster wound healing and recovery, and the reduction in healthcare cost with a significant decrease in the average length of hospital stay.

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Moreover, the rapidly aging population which is more prone to chronic diseases will further increase the demand for AWC products. Additionally, availability of reimbursement for chronic procedures is set to drive the growth of the market during the forecast period. However, low awareness about the benefits and availability of AWC products and the cost of these products will hinder the market growth in developing and under developed countries.

Competitive Insights: Some of the key players operating in the global AWC market are Medtronic plc, Medline Industries, Inc., BSN medical, Integra LifeSciences Corporation, PAUL HARTMANN Limited, Covalon Technologies Ltd., ConvaTec, Inc., Coloplast A/S, Smith & Nephew plc, Mölnlycke Health Care AB, DeRoyal Industries, Inc., Cardinal Health, Acelity L.P., Inc., and Organogenesis Inc.

Advanced Wound Care Industry Outlook and Trend Analysis: On the basis of product, the therapy devices segment accounted for the major share of the global AWC market in 2016. Further, it is projected to dominate the global market during the forecast period. This large share can be primarily attributed to the capability of therapy devices to enhance the wound healing and recovery process with the adoption of vacuum dressings. Negative pressure wound therapy (NPWT) devices segment is projected to bring in new growth opportunities for the key players in the market. This modality is gaining popularity in the treatment of both chronic and acute wounds. The active wound care market is projected to be the fastest-growing segment during the forecast period. This segment is poised to grow at a double digit growth rate from 2017 to 2025.

Market Classification:

By Product:
Dressings
Collagens
Silver Wound Dressings
Non-Silver Dressings
Hydrocolloids
Alginates
Foam Dressings
Hydrogels

Therapy Devices
Oxygen and Hyperbaric Oxygen Equipment
Electromagnetic Therapy Devices
Negative Pressure Wound Therapy
Ultrasound Devices
Others (Electric Stimulation Devices, Pressure Relief Devices, Ultraviolet Devices, Whirlpool Therapy Devices)

Active Wound Care
Growth Factors
Skin Substitutes

By Application:
Chronic Wound Care
Venous Leg Ulcers
Pressure Ulcers
Diabetic Foot Ulcers
Arterial Ulcers

Acute Wound Care
Surgical Wounds
Burns & Trauma

Regional Outlook and Trend Analysis: North America has the biggest regional contribution to the search segment in the Advanced Wound Care market; APEJ is anticipated to develop at a quicker rate and almost be equal to North America over the upcoming years. North America: (U.S., Canada & Mexico), Europe: (Germany, UK, France, Russia, Italy & Rest of Europe), Asia-Pacific: (China, Japan, South Korea, India, Southeast Asia & Rest of Asia-Pacific), South America: (Brazil, Argentina, Columbia, South Africa & Rest of South America) and Middle East and Africa: (Saudi Arabia, UAE, Egypt, Nigeria, South Africa & Rest of MEA)

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Table of Contents:
Part 1. Introduction

Part2. Executive Summary

Part3. Market Overview

Part4. Market Analysis by Regions

Part5. Advanced Wound Care Market, By Structure

Part6. Advanced Wound Care Market, By Application

Part8. Company Profiles
7.5.PAUL HARTMANN Limited
7.5.1. Business Overview
7.5.2. Product Portfolio
7.5.3. Strategic Developments

7.6.Covalon Technologies Ltd.
7.6.1. Business Overview
7.6.2. Product Portfolio
7.6.3. Key Financials
7.6.4. Strategic Developments

7.7.ConvaTec, Inc.
7.7.1. Business Overview
7.7.2. Product Portfolio
7.7.3. Key Financials
7.7.4. Strategic Developments

7.8.Coloplast A/S
7.8.1. Business Overview
7.8.2. Product Portfolio
7.8.3. Key Financials
7.8.4. Strategic Developments

7.9.Smith & Nephew plc
7.9.1. Business Overview
7.9.2. Product Portfolio
7.9.3. Key Financials
7.9.4. Strategic Developments

7.10.Mölnlycke Health Care AB
7.10.1.Business Overview
7.10.2.Product Portfolio
7.10.3.Strategic Developments
…

List of Tables:
Table 91.Medtronic plc: Key Strategic Developments, 2015-2017
Table 92.Medline Industries, Inc.: Key Strategic Developments, 2015-2017
Table 93.BSN medical: Key Strategic Developments, 2015-2017
Table 94.Integra LifeSciences Corporation: Key Strategic Developments, 2015-2017
Table 95.PAUL HARTMANN Limited: Key Strategic Developments, 2015-2017
Table 96.Covalon Technologies Ltd.: Key Strategic Developments, 2015-2017
Table 97.ConvaTec, Inc.: Key Strategic Developments, 2015-2017
Table 98.Coloplast A/S: Key Strategic Developments, 2015-2017
Table 99.Smith & Nephew plc: Key Strategic Developments, 2015-2017
Table 100.Mölnlycke Health Care AB: Key Strategic Developments, 2015-2017
Table 101.DeRoyal Industries, Inc: Key Strategic Developments, 2015-2017
Table 102.Cardinal Health, Inc.: Key Strategic Developments, 2015-2017
Table 103.Acelity L.P., Inc.: Key Strategic Developments, 2015-2017
Table 104.Organogenesis Inc.: Key Strategic Developments, 2015-2017
…

List of Figure:
Figure 20.Coloplast A/S: Net Revenue Share, By Segment, 2016
Figure 21.Coloplast A/S: Net Revenue Share, By Geography, 2016
Figure 22.Smith & Nephew plc: Net Revenues, 2014-2016 ($Million)
Figure 23.Smith & Nephew plc: Net Revenue Share, By Segment, 2016
Figure 24.Smith & Nephew plc: Net Revenue Share, By Geography, 2016
Figure 25.Cardinal Health, Inc.: Net Revenues, 2014-2016 ($Million)
Figure 26.Cardinal Health, Inc.: Net Revenue Share, By Segment, 2016
Figure 27.Cardinal Health, Inc.: Net Revenue Share, By Geography, 2016
Figure 28.Acelity L.P., Inc.: Net Revenues, 2014-2016 ($Million)
Figure 29.Acelity L.P., Inc.: Net Revenue Share, By Segment, 2016
Figure 30.Acelity L.P., Inc.: Net Revenue Share, By Geography, 2016
…

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The chronic wound segment is expected to grow at a significant CAGR during the forecast period. This market is projected to grow at a high single digit growth rate from 2017 to 2025. This can be attributed to the growing demand for AWC products for the faster wound healing and recovery, as chronic wounds require considerable time to heal which increases the cost of treatment.

Market updates:
Dec-17-18: Medtronic plc announced U.S. Food and Drug Administration (FDA) approval of the InterStim(TM) smart programmer for use with the InterStim system, which provides sacral neuromodulation therapy for the treatment of overactive bladder (OAB), chronic fecal incontinence (FI) and non-obstructive urinary retention. The new smart programmer streamlines multiple devices into a single, intuitive, touch screen Samsung mobile device and enables clinicians to personalize each patient's care and allows patients to manage their therapy simply and discreetly.

Dec-10-18: U.S. ARKRAY, Inc. announced a partnership with Medline Industries, Inc. The company will distribute the ADAMS A1c HA-8180V fully automated HPLC HbA1c analyzer, AUTION MAX AX-4030 fully automated urine chemistry analyzer and AUTION ELEVEN AE-4022 semi-automated urine chemistry analyzer to Physician Office Laboratories (POL's).

North America accounted for a majority share of the global AWC market in 2016 owing to the rise in incidence of chronic wounds, presence of advanced healthcare infrastructure, and high adoption rate of technologically advanced AWC products in the region. The Asia-Pacific AWC market is projected to exhibit significant growth during the forecast period due to huge patient population, increasing healthcare expenditure in countries such as China and India along with increased awareness related to the benefits of AWC products.

Additionally, key Advanced Wound Care market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 5 years, key development in past five years.

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