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Advanced Wound Care Market Size, Share Analysis, Industry Trends, Forecast Report 2030 | Valuates Reports
The COVID-19 outbreak is anticipated to have a negative impact on Advanced Wound Care Market. Due to nationwide lockdowns, denied wound care services, cancelled or postponed elective surgeries, and increasing skin injuries in COVID-19 medical care providers, the advanced wound care market is expected to register a certain decline during the forecast period.
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They help to maintain a hydrated environment, keep temperature consistent, allow flow of oxygen, protect the injured site from exogenous infection, and ease pain associated with dressing changes. Advanced wound care products include hydrocolloids, hydrogels, film & foam dressings, alginates, and others. Increasing prevalence of chronic injuries is one of the key factors leading to the rise in demand for advanced wound care products. The dressings required for healing chronic injuries include films, gauze, hydrogel, hydrocolloid, and foam dressings.
Significant increase in the prevalence of chronic diseases such as diabetes & obesity, rise in geriatric population, technological advancements in advanced wound care products, problems associated with traditional wound healing methods, and surge in adoption of evidence-based treatments such as silver dressings, hyperbaric oxygen, electrotherapy, and ultrasound for chronic wounds are the key factors that fuel the growth of the advanced wound care market. Moreover, rise in awareness programs for advanced wound care treatment & management, attempts to reduce the duration of the hospital stay to lower healthcare expenses, and rise in inclination toward wound care products that enhance therapeutic outcomes are other factors that contribute toward the growth of the market. However, high cost associated with advanced wound care products are expected to hinder the growth of the market.
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By end-user, the hospital's segment accounted for the majority of the advanced wound care market share in 2019 and is anticipated to continue this trend throughout the forecast period, owing to a rise in a number of surgeries performed and a higher number of patients prefer to visit hospitals for different cases such as surgical wounds, burns, and ulcers. However, the wound care center segment is expected to grow with the highest growth rate, owing to the availability of better facilities and treatments for wounded patients.
Asia-Pacific presents lucrative opportunities for key players operating in the advanced wound care market, owing to an increase in population, coupled with rise in the geriatric population. In addition, a surge in healthcare expenditure and development in guidelines are expected to propel the advanced wound care market growth in this region.
The major companies profiled in this report include 3M (Acelity Inc.), Adynxx, Inc., B Braun Melsungen AG, Coloplast A/S, ConvaTec Group Plc, Essity AB (BSN Medical GmbH), Integra Lifesciences (Derma sciences), Investor AB (Mölnlycke Health Care AB), Johnson & Johnson, Medline Industries, Inc., Medtronic Plc., Organogenesis Holdings Inc., and Smith & Nephew Plc.
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Advanced Wound Care Market by Product Type
➣Infection Management
➣Silver Wound Dressings
➣Non-silver Dressings
➣Collagen Dressings
➣Exudate Management
➣Hydrocolloids Dressings
➣Foam Dressings
➣Alginate Dressings
➣Hydrogel Dressings
➣Active Wound Care
➣Skin Substitutes
➣Growth Factors
➣Therapy Devices
➣Negative Pressure Wound Therapy (NPWT)
➣Oxygen and Hyperbaric Oxygen Equipment
➣Electromagnetic Therapy Devices
➣Others
Advanced Wound Care Market by Application
➣Chronic Wounds
➣Pressure Ulcers
➣Diabetic Foot Ulcers
➣Venous Leg Ulcers
➣Arterial Ulcers
➣Acute Wounds
➣Burns & Trauma
➣Surgical Wounds
Advanced Wound Care Market by End-User
➣Hospitals
➣Community Health Service Centers
Advanced Wound Care Market by Regional and Country-level Analysis
➣North America
➣United States
➣Canada
➣Asia-Pacific
➣China
➣Japan
➣South Korea
➣India
➣Southeast Asia
➣Australia
➣Rest of Asia-Pacific
➣Europe
➣Germany
➣France
➣U.K.
➣Italy
➣Russia
➣Nordic Countries
➣Rest of Europe
➣Latin America
➣Mexico
➣Brazil
➣Rest of Latin America
➣Middle East & Africa
➣Turkey
➣Saudi Arabia
➣UAE
➣Rest of MEA
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