Press release
Active Wound Care Market Size, Share, Growth, Trends, Analysis, Forecast To 2033
The new report published by The Business Research Company, titled ""Active Wound Care Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the active wound care market size has grown strongly in recent years. It will grow from $1.44 billion in 2023 to $1.55 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The active wound care market size is expected to see strong growth in the next few years. It will grow to $2.09 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%.
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Active Wound Care Market Surges Amidst The Rising Global Diabetic Population
The rising number of diabetic patients worldwide is expected to propel the growth of the active wound care market going forward. Obesity is a condition that arises from having excessively high blood glucose, which causes sores and ulcers, thus increasing the risk of infections and other severe complications. Through active wound care treatment, the patient gets into a healing process with a planned approach by applying various solutions and treatments to wounds, thus increasing the demand for active wound care. For instance, in December 2021, according to the report published by the IDF (International Diabetes Federation) on diabetes, there are 537 million adults (20-79 years old) living with diabetes around the world. This figure is expected to increase to 643 million by 2030 and 783 million by 2045. Furthermore, diabetes caused 6.7 million deaths in 2021. Therefore, the rising number of diabetic patients and deaths will drive the growth of the active wound care market.
Accel-Heal's Innovations Sparking A Revolution In Active Wound Care Solutions
Product innovation has emerged as the key trend gaining popularity in the active wound care market. Major companies operating in the active wound care market are focused on developing regenerative wound therapy and electrical stimulation technology as new solutions to meet market demand. For instance, in January 2022, Accel-Heal Technologies Limited, a UK-based company engaged in electrical stimulation products, launched Accel-Heal, an electrical stimulation wound therapy device. The wearable electrical stimulation device Accel-Heal is easy to use and speeds up the healing of chronic wounds. Accel-Heal helps electrical stimulation wound therapy become more widely used. Patients can use the 12-day therapy in the ease and comfort of their own homes. Accel-Heal can be used on all forms of chronic wounds, including those that are challenging to dress, like diabetic foot ulcers, and can be used in conjunction with current dressing regimens. More patients are now able to get therapy with more personal freedom because of this breakthrough. Additionally, Accel-Heal enables healthcare professionals to combine the therapy with their chosen dressing regimens, greatly reducing the number of nursing visits needed for each patient.
The active wound care market covered in this report is segmented -
1) By Product: Biomaterials, Skin-substitutes, Synthetic Skin-substitute, Growth Factors
2) By Indications: Burns, Diabetic Foot Ulcers, Pressure Ulcers, Lower Limb Ulcers
3) By Application: Chronic Wounds, Acute Wounds
4) By End-User: Hospitals, Clinics, Home Care Settings, Other End-users
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Major companies operating in the active wound care market report are Smith & Nephew plc, MiMedx Group Inc., Tissue Regenix Group, Organogenesis Inc., Acell Inc., Integra Life Sciences Holdings Corporation, Solsys Medical LLC, Osiris Therapeutics Inc., Cytori Therapeutics Inc., Human BioSciences Inc., Wright Medical Group NV, Mölnlycke Health Care AB, Medline Industries Inc., AVITA Medical Inc., ConvaTec Inc., Stryker Corporation, 3M Company, Acelity L.P. Inc., B. Braun Melsungen AG, BSN Medical GmbH, Cardinal Health Inc., Celularity Inc., Coloplast A/S, Hill-Rom Holdings Inc., Hollister Incorporated, Johnson & Johnson Inc., Lohmann & Rauscher GmbH & Co. Kg, Medtronic PLC, PAUL HARTMANN AG, Adynxx Inc., Derma sciences Inc., Baxter International Inc., Axio Biosolutions
Contents of the report:
1. Executive Summary
2. Active Wound Care Market Report Structure
3. Active Wound Care Market Trends And Strategies
4. Active Wound Care Market - Macro Economic Scenario
5. Active Wound Care Market Size And Growth
…..
27. Active Wound Care Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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