Advanced Wound Care Market Expected to Reach US$ 11,564.6 Mn in 2025|Smith & Nephew, Acelity L.P., Braun Melsungen AG, Integra Lifesciences Corporation, ConvaTec, 3M, MiMedx, Inc., Mölnlycke Health Care, Paul Hartmann AG

Global advanced wound care market, based on the product was segmented into dressings, advanced wound devices, and advanced wound bioactives. In 2017, the dressings segment held the largest share of the market, by product. The dressings led the market in 2017, contributing for the largest market share and is expected to retain its dominance during the forecast period from 2018 to 2025. This segment is also expected to dominate due to the increased demand for dressings and it is also expected to grow at the fastest rate during the coming years since the dressings provide better healing properties. Advanced wound care treatments revolve around the principle of moisture therapy, which provides moisture to the wound site to encourage natural cell repair while giving the wound room to breathe.

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Company Profiles

• Smith & Nephew
• Acelity L.P.
• Braun Melsungen AG
• Integra Lifesciences Corporation
• ConvaTec
• 3M
• MiMedx, Inc.
• Mölnlycke Health Care
• Paul Hartmann AG
• Cardinal Health, Inc.

According to a new market research study titled "Advanced Wound Care Market to 2025 – Global Analysis and Forecasts by Product, Wound Type and End User, the global advanced wound care market is expected to reach US$ 11,564.6 Mn in 2025 from US$ 8,181.9 Mn in 2017". The market is estimated to grow with a CAGR of 4.5% from 2016-2025. The report highlights the trends prevalent in the global advanced wound care market and the factors driving the market along with those that act as deterrents to its growth.

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Strategic Insights

Approvals and agreements were observed as the most adopted strategy in global advanced wound care industry. Few of the recent product launch and collaboration and others are listed below:

2018: In April, 2018, Kerecis proposed the study results in Symposium on Advanced Wound Care (SAWC) Spring meeting to be held April 25 to 28. Kerecis is exhibiting at booth 230 at the Charlotte Convention Center.

2017: In October, 2017, Integra LifeSciences Launches Integra SurgiMend PRS Meshed Collagen Matrix For Breast Reconstruction In Europe.

2016: In April 2016, Integra LifeSciences Announces Agreement With Vomaris Wound Care, Inc. To Commercialize VolTAC Antimicrobial Wound Dressing.

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