Asia-Pacific Advanced Wound Care Market Anticipated to Expand at A CAGR of 10.4% During the Forecast Period

The Asia-Pacific advanced wound care market accounted for $1,658 million in 2017, and is expected to reach $3,655 million by 2025, growing at a CAGR of 10.4% from 2018 to 2025. Japan was the highest contributor in the Asia-Pacific advanced wound care market in 2017, whereas, China is expected to witness the highest growth rate during the forecast period.

The therapy device segment was the highest revenue contributor in 2017. Advanced wound care therapies are specialized treatments for chronic or non-healing wounds and are majorly opted when standard wound care has failed. Advanced wound care products mainly focus on maintaining a stable temperature around the wound, protecting the wound from infection, relieving pain while changing dressing, facilitating oxygen flow, and removing dead tissue to prevent scarring and thus, allow new cells to emerge.

♦ 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐚𝐭:
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Based on product type, the active wound care segment is the most lucrative market, growing at a high CAGR. It is said that this is a low toxicity and biocompatibility feature of the product and the increase in chronic diseases such as diabetes.

On the basis of end user, the community healthcare sector was the largest contributor to the AWC market in Asia-Pacific in 2017 and is expected to maintain the same trend during the forecast period. The increase can be attributed to the increased adoption of high-tech solutions and the availability of multiple AWC products under one roof as well as government rebates.

Major Key Players Covered in The Report Are -

3M Company,
Smith & Nephew plc,
Coloplast A/S,
Medtronic plc,
Acelity L.P. Inc.,
Cardinal Health, Inc.,
ConvaTec Group Plc,
Essity Aktiebolag (BSN Medical GmbH),
B. Braun Melsungen AG, and
Mlnlycke Health Care AB.

Other prominent players in the value chain include...

Hollister Incorporated,
Medline Industries, Inc.,
Johnson & Johnson,
Baxter International,
Triage Meditech,
Integra Lifesciences, and
Derma Sciences Inc.

♦ 𝐒𝐢𝐦𝐩𝐥𝐲 𝐒𝐩𝐞𝐚𝐤 𝐓𝐨 𝐄𝐱𝐩𝐞𝐫𝐭:
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Table of Content -

Chapter: 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

Chapter: 2: EXECUTIVE SUMMARY
2.1. CXO perspective

Chapter: 3: MARKET OVERVIEW
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top investment pockets
3.3. Porters Five Forces analysis
3.4. Market Share Analysis
3.5. Market Dynamics
3.5.1. Drivers
3.5.1.1. Rapidly aging population and favorable demographics
3.5.1.2. Technological advancements to deal with complex wounds
3.5.1.3. Increased awareness to reduce healthcare costs
3.5.2. Restrains
3.5.2.1. Reluctance in adoption of new technologies
3.5.2.2. Development of substitute products and lack of sufficient evidence
3.5.3. Opportunities
3.5.3.1. Increased focus toward advanced treatment protocols
3.5.3.2. Significant unmet need in wound care

Advanced wound care products are mostly used in the treatment of chronic wounds that require significant amount of time to heal and require expensive treatment. Advanced wound care products are gradually replacing traditional wound care products, as advanced wound care products have better efficacy and efficiency at managing and treating chronic and acute wounds.

The advanced wound care market has fueled the interest of the healthcare industry, owing to its use in managing wounds by enabling rapid healing, few issues concerning drainage and, in certain cases, less risk of an infection.

♦ 𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭:
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