Advanced Wound Care Sales Market Research Report 2023, Industry Size, Share, Growth, Scope, Revenue & Global Forecast to 2029 - Impact of COVID-19 | Acelity, Smith & Nephew, Molnlycke, ConvaTec

Advanced wound care products are designed to treat more complex wounds and in order to be covered under insurance, usually require a doctors order. This includes hydrogels, hydrocolloids, alginates, and film and foam dressings. Advanced wound care treatments revolve around the principle of moisture therapy, which provides moisture to the wound site to encourage natural cell repair while giving the wound room to breathe. Products utilized in moist wound care generally fit better around different wound shapes and sizes and are more resistant to environmental inhibitors and foreign particles.
As a whole, advanced wound care products focus on these main goals:
Maintain a stable temperature around the wound;
Facilitate oxygen flow;
Protect the wound from infection;
Remove dead tissue to prevent scarring and allow new cells to emerge;
Relieve pain during dressing changes.

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Market Analysis and Insights: Global Advanced Wound Care Market
Due to the COVID-19 pandemic, the global Advanced Wound Care market size is estimated to be worth US$ 12840 million in 2022 and is forecast to a readjusted size of US$ 17070 million by 2029 with a CAGR of 4.1% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Advanced Wound Dressings accounting for % of the Advanced Wound Care global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Acute Wounds segment is altered to an % CAGR throughout this forecast period.
Currently, there are many producing companies in the world Advanced Wound Care industry, especially in North America and Europe. The main market players are Acelity, Smith & Nephew, Molnlycke, ConvaTec and 3M, with about 44% market shares.
North America is the largest consumption of Advanced Wound Care, with a sales revenue market share nearly 35%. The second place is Europe region; following North America with the sales revenue market share over 33%. Asia Pacific is another important consumption market of Advanced Wound Care, enjoying 16% sales revenue market share.

Global Advanced Wound Care Scope and Market Size
The global Advanced Wound Care market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Advanced Wound Care market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2018-2029.

Segment by Type
- Advanced Wound Dressings
- Bioactives
- Devices

Segment by Application
- Acute Wounds
- Chronic Wounds
- Surgical Wounds

By Region
- United States
- Europe
- China
- Japan
- Southeast Asia
- India
- Other Regions

By Company
- Acelity
- Smith & Nephew
- Molnlycke
- ConvaTec
- Coloplast
- Organogenesis
- Integra Lifesciences Corporation
- Medline Industries
- 3M
- Hollister Incorporated
- Human Biosciences.
- Medtronic
- Hartmann Group
- B.Braun Melsungen
- BSN Medical
- Urgo Medical
- Mimedx Group, Inc.
- Nitto Denko
- Winner Medical Group

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