New Study: Advanced Wound Care Market to 2025 Insights Shared In A Detailed Report - Smith & Nephew, Acelity L.P., Braun Melsungen AG, Integra Lifesciences Corporation, ConvaTec

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ADVANCED WOUND CARE – MARKET SEGMENTATION

By Product
Dressings
Film Dressings
Hydrogel Dressings
Foam Dressings
Hydrocolloid Dressings
Other Dressings
Devices
Electrical Stimulation
Pressure Relief Devices
Hyperbaric Oxygen Equipment
Negative Pressure Wound Therapy Systems
Others
Bioactives
Autografts
Allografts and Xenografts
Topical Agents
Others

By Wound Type
Surgical
Trauma
Burns
Ulcers
Diabetic Foot
Others

By End User
Hospitals & Clinics
Ambulatory Care Centers
Wound Care Centers

The global advanced wound care market accounted to US$ 8,181.9 Mn in 2017 and is expected to grow at a CAGR of 4.5% during the forecast period 2018 – 2025, to account to US$ 11,564.6 Mn by 2025.

Asia Pacific is the fastest geographic market and it is expected to be the fastest revenue contributor throughout the forecast period. Asia Pacific market is driven by the factors such as to huge patient population, increases in the number of surgical procedures and rising number of wound care admit to hospitals and ambulatory care centers.

Technological Advancement in Advanced Wound Care Products:
Advanced wound care products are ideally preferred for the post-surgery wound treatment. In October 2017, Integra LifeSciences Holdings Corporation launched the Revize / Revize-X Collagen Matrix, for plastic and reconstructive surgery. The matrix is an expandable matrix which is offering up to double the initial coverage area once hydrated and fully expanded. Likewise, Acelity innovated the V.A.C.ULTA Therapy System in the U.S. in April 2017, The V.A.C.ULTA Therapy System, is latest generation negative pressure wound therapy (NPWT) system, which improve clinicians’ experiences by leveraging first-to-market connectivity technology.


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Product Insights:
The global advanced wound care market by product was led by dressing segment. In 2017, the dressing segment held a largest market share of 46.8% of the advanced wound care market, by product. The dressing segment is expected to dominate the market in 2025 owing to the rising incidences of the people experiencing small and minute wounds due to the several physical activities. This segment is anticipated to witness the fastest growth rate during the forecast period, 2018 to 2025.

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This release was published on openPR.