North America Wound Care Management Market 2020 Precise Outlook – 3M Company, Acelity L.P, Baxter International, Convatec Healthcare B.S.A.R.L., Derma Sciences Inc., Ethicon Inc.

The North America Wound Care Management Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The 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.

According to the Centers for Disease Control and Prevention (CDC), the number of US adults aged 18 years or older with diagnosed diabetes quadrupled from 5.5 million in 1980 to 21.9 million in 2014, corresponding to a nearly three-fold increase in the percent prevalence from 3.5 to 9.1%. The prevalence of diabetes among adults in the United States rose to 14% between 2013 and 2016, with nearly 31% of those with diabetes unaware they have the disease. The incidence of chronic wounds, especially foot ulcers, is increasing among the diabetic population and a substantial share of the population undergo a lower extremity amputation. It is also estimated that patients with diabetes are 10 times more likely to undergo amputation at some point in their life.

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the North America Wound Care Management Market: 3M Company, Acelity L.P, Baxter International, Convatec Healthcare B.S.A.R.L., Derma Sciences Inc., Ethicon Inc., Hollister Inc., Integra LifeSciences, Molnlycke Health Care, Smith & Nephew and others.

Industry News:

October 11, 2019: ST. PAUL, Minn--3M (NYSE: MMM) today announced it has completed the acquisition of Acelity, Inc. and its KCI subsidiaries worldwide from a consortium comprised of funds advised by Apax Partners (the Apax Funds), together with controlled affiliates of the Canada Pension Plan Investment Board (CPPIB) and the Public Sector Pension Investment Board (PSP Investments) for a total enterprise value of approximately $6.7 billion, including assumption of debt and other adjustments. Acelity is a leading global medical technology company focused on advanced wound care and specialty surgical applications marketed under the KCI brand.

“This is an exciting day as we bring together two premier and innovative companies that are focused on delivering comprehensive health care solutions to enable better outcomes for patients,” said 3M chairman and CEO Mike Roman. “We are excited to have the tremendous people of Acelity join the 3M team, and are confident in the value that this acquisition will deliver to our customers and our shareholders. This addition further accelerates 3M as a leader in advanced wound care, which is a significant and growing market segment.”

January 11, 2017: PRINCETON, N.J.- Derma Sciences, Inc. (Nasdaq:DSCI), a tissue regeneration company focused on advanced wound and burn care, today announced that it has purchased the MEDIHONEY® brand and related intellectual property and goodwill from its long-term partner, New Zealand-based Comvita Limited. Consideration is an upfront payment of $13.25 million in cash, with an additional $5.0 million potentially payable in the form of an earn-out upon achievement of future annual sales milestones. Prior to the acquisition, Derma Sciences held the exclusive global license for the Comvita-owned MEDIHONEY brand and patents for the medical and professional market segments. The purchase eliminates Derma Sciences’ obligation of royalty payments to Comvita on the sale of MEDIHONEY products, which royalties amounted to $1.6 million in 2016.

Additional agreements entered into at the time of the acquisition include an exclusive medical honey supply agreement from Comvita to Derma Sciences for 10 years with fixed pricing terms for two years, a worldwide licensing agreement from Derma Sciences to Comvita to use the purchased intellectual property in the over-the-counter (OTC) market, and the continued manufacture of honey-based products by Derma Sciences for Comvita for OTC consumer product sales.

Market Overview:

Wounds are being classified as acute and chronic. There are traditional and advanced wound care and closure products for their treatment. Chronic wounds are the wounds that are hard to heal, take substantial time to heal, and are expensive to treat. Advanced wound care and closure products are emerging as a standard solution for treating chronic wounds. Many players in this industry are trying to enlarge their product portfolio in order to top this Industry. The top companies are acquiring other companies in this industry as their strategy to dominate this market.

Foam Dressing Segment of the Advanced Wound Management Products Segment is Expected to Exhibit Fastest Growth Rate over the Forecast Period

Foam has a significant role in the clinical management of chronic wounds and in moist wound healing. Over the past 30 years, polyurethane foam has become one of the most commonly used wound dressings for exudate management in moist wound healing. The foam consists of a porous structure that is able to absorb fluids into air-filled spaces by capillary action. The most commonly used foam is polyurethane. Silicone foam is less frequently used as a primary absorbent in wound dressing but often is applied as an adhesive wound-contact layer. Choosing a foam to match the wound is complex, and depends on the underlying basic characteristics of the patient’s wound. The ability of a given foam to maintain the optimal level of moisture in the wound bed should be evaluated continuously, in order to avoid complications from a mismatch of absorptive capacity to exudate production. As evident from the above-mentioned application of foam dressing, its importance is indispensable. However, it has its disadvantages. Overall, the segment for foam dressing in the United Kingdom wound care management devices market is likely to grow during the forecast period, recording a high growth rate, however, not as high as other product categories, like negative pressure therapy systems.

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Wound Care Management Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger and acquisitions along with trending innovation and business policies are reviewed in the report. The report contains basic, secondary and advanced information pertaining to the Market North America status and trend, market size, share, growth, trends analysis, segment and forecasts from 2020–2026.

Following are major Table of Content of Wound Care Management Market:

- North America Market Overview, Drivers, Restraints and Opportunities, Segmentation overview
- North America Market competition by top Players
- Analysis by Regions
- Consumption by Regions
- Consumption, By Types, Revenue and Market share by Types
- Consumption, By Applications, Market share (%) and Growth Rate by Applications
- Complete profiling and analysis of Players
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- North America Market Effect Factors Analysis
- North America Market Forecast
- North America Market Research Findings and Conclusion, Appendix, methodology and data source

Finally, all aspects of the North America Market are quantitatively as well qualitatively assessed to study the North America as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects. The report supplies the international economic competition with the assistance of Porter’s Five Forces Analysis and SWOT Analysis.

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