Advanced Wound Care Market Information, Figures and Analytical Insights 2021 to 2023 | Smith and Nephew Plc, 3M, Coloplast, Acelity, ConvaTec, Molnlycke Health Care AB, BSN Medical GmbH, Alliqua Bio-Medical, Medtronic, Advanced Medical Solutions

The Advanced Wound Care 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.

The advanced wound care market is projected to display a robust growth represented by a CAGR of 5.48% during 2018 - 2023.

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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 Global Advanced Wound Care Market: Smith & Nephew Plc, 3M, Coloplast, Acelity, ConvaTec, Molnlycke Health Care AB, BSN Medical GmbH, Alliqua Bio-Medical, Medtronic, Advanced Medical Solutions. and others.

Over the recent years, global Advanced Wound Care market has been witnessing growth, on account of several driving factors including rapidly increasing prevalence of chronic and acute wounds, rising geriatric population, increase in obese population, surging diabetics prevalence, increasing surgical procedures, surging demand for bio-actives and external wound therapy devices. Moreover, briskly surging prevalence of diabetic foot ulcer, venous ulcer and pressure ulcer with increasing penetration and adoption rate of advanced wound care products, especially in developing countries, is expected to propel the market growth. In this research report, the market is segmented on the basis of product type, application as well as end user. By product type, the advanced wound dressings are predicted to hold their dominant position in the market. By end user, hospitals and clinics segment is anticipated to hold largest share in global advanced wound care market. Amongst the regions, North America accounts for the largest regional share in the global advanced wound care market in 2017. The largest share of North America is attributed to presence of enormous number of patient base in this region.

Some Of The Recent Developments In The Market Are As Follows:

3M Completes Acquisition of Acelity, Inc.

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.”

3M’s Medical Solutions business is focused on applying 3M technologies to deliver safe and effective solutions to improve clinical outcomes and healthcare economics. The business offers a range of integrated solutions that include advanced and acute wound care dressings and products, medical tapes, sterilization products, and patient prep and warming products. These solutions cross the entire continuum of care, enabling better outcomes, improving the patient experience, and delivering strong economic value in today’s value-based care environment.

Mölnlycke and Zuellig to offer wound care solutions in South East Asia

25 Jun 2019 -- Mölnlycke and Zuellig Pharma have partnered to offer advanced wound care solutions to the South East Asia market. The agreement will leverage the experience of Mölnlycke in the marketing, medical and sales management of its advanced wound care portfolio and Zuellig Pharma’s extensive network. The decision comes after Mölnlycke acquired German wound care products company SastoMed in July last year.

Following the acquisition, Mölnlycke augmented its range of wound care solutions with SastoMed’s oxygen therapy based technology for chronic wounds through its Granulox and Granudacyn products.  Mölnlycke CEO Richard Twomey said: “We are pleased to continue working with our long-standing partner Zuellig Pharma.

Smith & Nephew highlights Advanced Wound Management progress

St. Petersburg, FL - July 30, 2009 - Smith & Nephew (LSE: SN; NYSE: SNN) highlights the progress achieved in 2009 by its Advanced Wound Management division. As reported earlier today, Advanced Wound Management's global revenue grew to $208m in the second quarter and $386m for the first half of 2009, increasing by 4% and 6% over the comparable periods of 2008. This growth was driven by gains across its portfolio of strategic brands, RENASYS ◊ negative pressure wound therapy (NPWT) products, the VERSAJET ◊ hydrosurgery tool, and ACTICOAT ◊ and ALLEVYN ◊ advanced dressings. Revenue from the US grew by 4% YTD.

“Our Advanced Wound Management division continues to be a strong contributor to the group's success,” said Dave Illingworth, Chief Executive Officer of Smith & Nephew. “We anticipate continued growth throughout the year, and steady progress with our RENASYS◊ line of NPWT products, which was launched in the first half of the year and has made an excellent start.”

Smith & Nephew continued its drive to improve customer choice in NPWT by launching RENASYS ◊ EZ and RENASYS ◊ GO NPWT pumps in the first quarter. Revenue from the NPWT product range, including RENASYS ◊ gauze and foam dressings and related disposables, contributed 2% to the division's overall revenue growth in the quarter. The company successfully asserted its IP position in NPWT with particular successes in the United Kingdom and Germany. And leading clinicians brought forward multiple, new research studies using Smith & Nephew NPWT devices at the major wound care, burn and orthopaedic clinical conferences.

Global Advanced Wound Care Market Split by Product Type and Applications:

By Type - Advanced Wound Dressings, Wound Therapy Devices, Wound Care Biologics

 By Application- Chronic Wounds, Acute Wounds

By End Users- Hospitals & Clinics, Homecare

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Regional Analysis For Advanced Wound Care Market:

For comprehensive understanding of market dynamics, the global Advanced Wound Care market is analyzed across key geographies namely:

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Advanced Wound Care 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 global status and trend, market size, share, growth, trends analysis, segment and forecasts from 2021–2023.                 

Key Points of Advanced Wound Care Market Table of Contents:

-Market Overview: The report begins with this section where a product overview and key content on the product and application segments of the global Halal Foods market are provided. The highlights of the segmentation study include price, revenue, sales, sales growth rate, and market share by product.

-Competition by company: Here we analyze the competition of the global Advanced Wound Care market, by company price, revenue, sales and market share, market share, competitive landscape, and latest trends, mergers, expansions, acquisitions, and market share of top companies.

-Company Profile and Sales Data: As the name suggests, this section provides sales data and useful information about the business of key players in the global Advanced Wound Care market. It describes the key businesses of gross margin, price, revenue, products and specifications, types, applications, competitors, manufacturing base, and key players operating in the global Advanced Wound Care market.

-Market Forecast: Here the report provides a full forecast for the global Advanced Wound Care market by product, application, and region. It also provides global sales and revenue forecasts for all years in the forecast period.

-Research Results and Conclusion: One of the last sections of the report where analyst findings and findings are provided.

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Due to the onset of COVID-19 pandemic, several economies across the world have experienced harsh economic downturn. The industrialists across North America, Europe, Asia Pacific, Latin America and Middle East and Africa were facing problems due to changing preferences of the customers and demand fluctuation. The market research report covers pre-Covid-19 data for the «Keyword» market in years 2018 and 2020. Further, the report also covers forecast Covid-19 data from 2021 to 2023, which provides future outlook of the market for the manufacturers and suppliers.

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