Coopetition/Co-Operative Competition to Be The Epicentre Of The Wound Healing Assessment Market

The Wound Healing Assessment Market is expected to grow on an irreversible note in the next 10 years. The future scenario would be data-driven healthcare. This would, in turn, widen the potential for enhancing treatment options. With interoperability taking the centre stage, program participants could access app blueprints, data templates, and security tools. Thus, the big data cloud would turn out to be kinetic. This would result in an upswing in the healthcare vertical going forward.

A wound is an injury that causes disruption in the progression of the lining in the epithelium of the mucosa or skin which leads to physical damage. Wounds can be classified into two major categories i.e. acute wounds which heal within 3 weeks while chronic wounds remain for a longer duration of minimum 3 months from the time of injury. Wound healing is a highly regulated process to retain the injured skin barrier function.

Types of wound healing include Primary Intention Wound Healing, Secondary Intention Wound Healing and Tertiary Intention Wound Healing. The Wound Healing Society categorized chronic wounds into four types: diabetic foot ulcers, pressure ulcers, arterial insufficiency ulcers, and venous ulcers. Wound healing assessment is a part of the management of wounds that gather information about the patient’s wound before prescribing any treatment options. According to NCBI, in the US the prevalence rate of wound care is around 2% of the total population, which is estimated to cost around USD 20 billion over the forecast period.

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The number of wound healing assessment and monitoring systems is available in the market such as CarePICS, eKare InSight, EPISCAN I-200, Kent Handheld Imaging Device, Parable Mobile Wound Management Software, WoundVision Scout. The global wound healing assessment market is driven by the rising prevalence of surgical wounds and ulcers, rise in demand for evidence-based advanced wound healing assessment products, increase in aging population, rising R&D activities and research in wound healing and rising awareness in wound healing and its assessment and techniques. The wound healing assessment market growth is anticipated to be driven by suitable demographic factors such as increasing aging population and rising incidences of long-term duration wounds.

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Market Segmentation:

wound types
Surgical
Traumatic
Diabetic and Neuropathic ulcer
Arterial ulcer
Venous ulcer
Pressure ulcer
phases of wound
Hemostasis phase
Inflammatory phase
Proliferative phase
Maturation (remodeling) phase
parameters
Tissue type
Wound exudate
Periwound condition
Pain level
Size
end user
Hospitals
Ambulatory Surgical Centers
Wound Care Clinics
Home Care Settings
Others

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Geographically, wound healing assessment market is categorized into five key regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is dominating the global wound healing assessment market as due to developed heath care systems and increase in per capital healthcare expenditures in wound healing. Europe is anticipated to hold second largest market share in terms of global wound healing assessment market due release of funds for research, increased in healthcare expenditures in wound healing, increased in patient population.

Asia Pacific stands the rapid growing region for the wound healing assessment market due to the existing developing economies like India and China and also good government policies and increased in healthcare expenditure drive the growth of wound healing assessment market. The Middle East & Africa has the least percentage in terms of global wound healing assessment market due to poor economies.

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Some of the key players leading in wound healing assessment market are: Acelity, Advanced Medical Solutions Group plc, Derma Sciences Inc., Life Medical Sciences Inc, Forticell Bioscience, Inc., Advanced Tissue, Smith & Nephew, Integra LifeSciences, BioSpecifics Technologies Corp etc., Mölnlycke Health Care AB, ConvaTec Inc., B. Braun Melsungen AG, Coloplast Ltd., Cardinal Health, LLC. Top leader in wound healing market in 2018 is Yunnan Baiyao Group Co., Ltd, as it is widely recognized in plasters/adhesive bandages.

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