Wound Care Management Market - Advanced Approach to Medication | Industry Set to Grow at 6.8% CAGR during 2019-2025 with Top Vendors (Johnson & Johnson, 3M Company, Baxter International, Acelity, Coloplast, Integra Lifesciences, Kinetic Concepts, Covidien

Advanced Wound Care Management Market 2019-2025: The global advanced wound care management market was valued at US$ 9,384.8 million in 2016 and is projected to rise at a healthy CAGR of 6.8% over the forecast period (2018-2025).

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Wound care management products are classified as traditional wound care and advanced wound care products. Globally, traditional wound care management is more popular, in which health practitioners use wound care products such as medical tapes, dressings and bandage rolls to protect the wound from external factors and to prevent bleeding, and infections. Advanced wound care products encourage the natural healing process, without blocking the wound and include the use of foam dressings, alginates, hydrogels, and hydrocolloids. These products maintain the conducive environment of wound healing, optimum oxygen flow, consistent temperature and protection from external environment.

Market Dynamics

Manufacturers in the global advanced wound care management market are increasing focusing on product launches and acquisition strategy. This is expected to aid in growth of the market. For instance, in April 2017, Rehab Medical Inc. — a U.S.-based healthcare company — acquired Ohio-based Crow Creek Therapeutics. The acquisition is expected to aid Rehab Medical in increasing its portfolio of offerings in the wound care market. Furthermore, In January 2017, Integra Life Sciences Holdings Corporation — a wholly-owned subsidiary of Integra Derma Inc. — entered into a definitive agreement with Derma Sciences Inc. — a tissue regeneration company — to acquire the latter. This acquisition is expected to help the company in growth of its advanced wound care business.

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Major factors driving growth of the advanced wound care management market include increasing prevalence of diabetes coupled with chronic wounds, and growing geriatric population. According to Centers for Disease Control & Prevention (CDC) in 2016, 23.6 million people suffered from diabetes, which is 7.8% of the total population in the U.S. One third of the diabetic population in the U.S also suffered from lower extremity wounds. However, high cost of treatment, is one of the factor expected to hinder growth of the global advanced wound care management market.

Key features of the study:

• This report provides an in-depth analysis of global advanced wound care management market provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017–2025), considering 2016 as the base year.
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players.
• It profiles leading players in the global advanced wound care management market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans.
• Key companies covered as a part of this study include Johnson & Johnson, 3M Company, Baxter International, Acelity, Coloplast, Integra Lifesciences, Kinetic Concepts, Covidien, Smith & Nephew, Leap Therapeutics, Hematris Wound Care, and Triage Meditech
• Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, technology up-gradation, market expansion, and marketing tactics.
• The global advanced wound care management market report caters to various stakeholders in this industry including investors, suppliers, product/device manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the advanced wound care management market.

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Detailed Segmentation:
• Global Advanced Wound Care Management Market, By Product Type:
o Moist Wound Dressings
 Foam Dressings
 Hydrocolloid Dressings
 Film Dressings
 Alginate Dressings
 Hydrogel Dressings
 Collagen Dressings
o Wound Therapy Devices
 Pressure Relief Devices
 Negative Pressure Wound Therapy Systems
 Hyperbaric Oxygen Equipment
 Electrical Stimulation Devices
o Active Wound Care
 Artificial Skin and Substitutes
 Topical Agents

• Global Advanced Wound Care Management Market, By Wound Type:
o Ulcers
 Pressure Ulcers
 Diabetic Foot Ulcers
 Venous Ulcers
o Surgical Wounds
o Traumatic Wounds
o Burns
o Other Wounds

• Global Advanced Wound Care Management Market, By End User:
o Hospitals
o Clinics
o Ambulatory Surgical Units

Table of Contents

1. Research Objective and assumption
o Research Objectives
o Assumptions
o Abbreviations

2. Market Purview
o Report Description
 Market Definition and Scope
o Executive Summary
 Market Snippet, By Product Type
 Market Snippet, By Wound Type
 Market Snippet, By End User
 Market Snippet, By Region
o Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis
o Market Dynamics
 Drivers
 Restraints
 Market Opportunities
o Regulatory and Reimbursement Scenario
o Industry Trend
o Merger and Acquisitions
o Innovations and Ongoing Research
o Promotion and Marketing Initiatives
o New Product Approvals/Launch

4. Global Advanced Wound Care Management Market, By Product Type, 2015–2025 (US$ Million)
o Introduction
 Market Share Analysis, 2016 and 2025 (%)
 Y-o-Y Growth Analysis, 2015–2025
 Segment Trends
o Moist Wound Dressings
 Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)
 Market Share Analysis, 2016 and 2025 (%)
 Foam Dressings
 Introduction

...Continued

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