Wound Care Market to receive overwhelming hike with Top Players Coloplast A/S, Baxter International, Convatec Healthcare B.S.A.R.L, Derma Sciences,Ethicon,Hollister
For a proper wound care management a major focus is laid on understanding the characteristics of the wound and assessment depends on following factors:
The size and depth of involvement and the extent of undermining required
The appearance of the wound surface, whether it is necrotic or viable
The amount and characteristics of wound exudate
The condition of the periwound tissues depending on whether they are scarred, pigmented, atrophic and cellulitic.
Request For Sample Copy:
The research and development is growing at a faster pace in wound care market. For instance, DEBRA International in 2017 started a clinical research program, wound healing in Epidermolysis Bullosa, to develop the understanding, the causes and consequences of non-healing wounds. Also different research activities were undertaken by World Union of Wound Healing Societies in 2016 for the development of biomaterials to be used on acute and chronic wounds. Other factors favoring the market growth include increase in acute and chronic conditions such as diabetic foot ulcers, venous ulcers and pressure ulcers. According to Centers for Disease Control & Prevention, diabetes affects 23.6 million people or 7.8 percent of the population in the U.S., and one-third of all diabetics suffered from lower extremity wounds in 2016. These wounds increase the likelihood of foot problems and the potential for amputation. The packaging trends of advanced wound care products also adds to the increased demand in home care settings as people are able to use them without much medical assistance. For instance, V.A.C. VERAFLO Dressings by KCI Licensing are provided with sterile barrier by using extruded multilayers of nylon.
Asia Pacific emerging as a key market
By geography, North America dominates the market because of the large patient pool for chronic wounds and rapid adoption of new products. According to the National Center for Health Statistics, over US $13 billion was spent on pressure ulcer management in the U.S.in 2015. Moreover, CDC and National Institutes of Health (NIH) estimated that as of 2015, in the U.S. alone approximately 2.5 million pressure ulcers were cured in medical centers. Further Asia Pacific region is ruling out the market. For instance, in January 2016 a distribution agreement was signed between Avita Medical and INDEE Medical for the distribution of its ReCell device in Japan. Also in 2012, Smith & Nephew launched 23 new wound care products in Asian and Chinese markets. Further in the same year, ConvaTec started some operations in India to up bring novel healthcare technologies and treatment measures in Asian market.
Mergers and Acquisitions strengthening the wound care market:
Some of the key players in wound care market are 3M, Coloplast A/S, Baxter International, Inc., Convatec Healthcare B.S.A.R.L, Derma Sciences, Inc., Ethicon, Inc., Hollister, Inc, Mölnlycke Health Care, Smith & Nephew plc, Covidien PLC, Acelity L.P, Kinetic Concept, Inc, Medline Industries, Inc, Integra Lifesciences Corporation, Organogenesis Inc and MPM Medical, Inc. SCA acquired BSN medical in 2015. In July 2014 Clayton, Dubilier & Rice acquired Healogics, the nation's largest provider of advanced wound care services with nearly 600 hospital outpatient wound care centers. The acquisition of Healthpoint, Ltd in 2012 provided Smith & Nephew plc with an opportunity to strengthen its position in the market. The acquisition of Covidien, the second largest player in wound care market by Medtronichelped the company to strengthen its product portfolio in wound care. The acquisition of Dermagraft Assets from Shire's Regenerative Medicine in 2014 by Organogenesis strengthens the position pf the acquirer in the chronic wound care market.
Download the PDF brochure:
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Coherent Market Insights
1001 4th Ave,
Seattle, WA 98154
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Wound Care Market to receive overwhelming hike with Top Players Coloplast A/S, Baxter International, Convatec Healthcare B.S.A.R.L, Derma Sciences,Ethicon,Hollister here
News-ID: 1725073 • Views: 436
More Releases from Coherent Market Insights
Gift Card 2020 Current Trends Analysis With Top vendors Apple Inc., Amazon.com I …
The market intelligence report on Gift Card Market is prepared through diligent compilation of analytical study based on historical records, current and upcoming statistics and future developments. The intelligence report prepared contains details on the leading players of the Global Gift Card Market, along with various depending aspects related and associated with the market. In addition, the report utilizes various analytical and test methods such as S.T.E.E.P.L.E., Regression analysis, S.W.O.T.
Mozzarella Cheese Market to Witness Huge Growth by 2027 | The Kraft Heinz Compan …
The market intelligence report on Mozzarella Cheese Market is prepared through diligent compilation of analytical study based on historical records, current and upcoming statistics and future developments. The intelligence report prepared contains details on the leading players of the Global Mozzarella Cheese Market, along with various depending aspects related and associated with the market. In addition, the report utilizes various analytical and test methods such as S.T.E.E.P.L.E., Regression analysis, S.W.O.T.
Compressor Oil Market Is Thriving Worldwide 2020 | Key Players Fuchs Petrolub AG …
CMI released a new market study on 2020 -2026 Compressor Oil Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates
Sleeping Masks Market to Witness Huge Growth by 2027
The latest research report on the Sleeping Masks Market published by Coherent Market Insights encompasses insightful data on the various market dynamics like Latest trends, drivers, the challenges, and opportunities. The report further elaborates on the micro and macro-economic elements that are predicted to shape the increase of the Sleeping Masks market throughout the forecast period (2020-2027). This study highlights the vital indicators of Market growth which comes with a comprehensive
More Releases for Wound
Global Moist Wound Dressings Market Research Report
This report studies the global Moist Wound Dressings market status and forecast, categorizes the global Moist Wound Dressings market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia). The major manufacturers covered in this report Smith & Nephew Molnlycke Health Care 3M Health Care ConvaTec Coloplast A/S BSN Medical Hartmann
Advanced Wound Care Management Market Report 2018: Segmentation by Product (Mois …
Global Advanced Wound Care Management market research report provides company profile for Smith & Nephew plc, Acelity L.P., Inc., Molnlycke Health Care AB, ConvaTec Inc., B. Braun Melsungen AG, Coloplast A/S, 3M Healthcare, Integra LifeSciences Corporation and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY
Traditional Wound Management Market | MarketResearchReports.biz
Latest industry research report on: Traditional Wound Management Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts The global traditional wound management market is expected to reach a market value of US$ 5,746.0 Mn by the end of 2026, expanding at a CAGR of 3.1% during the forecast period (2016-2026). The market is segmented by product type into Bandages, Gauzes, Gauze Sponges, and Sponges. Out of
Wound Closure Products Industry Shares
Injury is a common event in all age groups and varies in severity. Although majority of the injuries are healed without treatment, some injuries such as diabetic foot ulcers and pressure ulcers are difficult to treat. Wound closure can help avoid infection and can accelerate healing. Products used in wound closure include sutures, surgical staples, wound closure strips, adhesives and tissue sealants, and hemostats. Although each of these have their
Wound healing therapy from Ayurveda :
As we all think, healing wounds is indeed a natural process. But in some cases the unhealed wounds pose some serious threats of illness. Chronic ulcers, diabetic ulcers, varicose ulcers, calloused and hypertrophic ulcers are some of the wounds that require special treatments for cure. A friend of mine benefited from Ayurvedic treatment for healing his Ulcerative Colitis. Ayurveda attributes unhealed wounds to weaker immune system and damaged re-building capacity
Global Wound Management Technologies Market
The Wound Management Technologies Market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. Wound refers to a physical injury leading to disruption of normal structure of cells or tissues. Wound management technologies refer to the different technologies that are applied for proper management