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Advanced Wound Care Market Analysis 2017-2024 | 3M, Smith and Nephew, Medtronic, Molnlycke Healthcare AB

10-06-2017 12:03 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

Global Advanced Wound Care Market Trends and Forecast to 2024

Global Advanced Wound Care Market Trends and Forecast to 2024

Global Advanced Wound Care Market is expected to reach USD 22,088.6 million by 2024 from USD 11,683.5 million in 2016, at a CAGR of 8.4% in the forecast period 2017 to 2024.

Acelity L.P. INC. is going to dominate the advanced wound care market in 2016 followed by Smith and Nephew, and Molnlycke Healthcare AB. Other players in this market include 3M, Medtronic, Convatec Inc, Baxter, Coloplast, Ethicon. Inc, Hollister Inc, Integra Life Sciences Corporation, Derma Sciences Inc, Spiracur Inc, Medline Industries, Mimedx Group, Organogenesis Inc, Talley Group, BSN Medical, Devon Medical Products, Human Biosciences Inc, B.Braun Melsungen AG, Cardinal Health, Paul Hartmann Limited, DeRoyal Industries Inc, DermaRite Industries LLC, MPM Medical Inc, Kinetic Concepts, Advancis Medical among others holds 26.0% of the global advanced wound care market in 2016.

This report consists of below pages:

• No of pages: 403
• No of Figures: 24
• No of Tables: 434

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Global Advanced Wound Care Market Key Points:

Acelity L.P. Inc., is going to dominate the advanced wound care market following with 3M, Smith and Nephew, Medtronic, Molnlycke Healthcare AB, Convatec Inc, Baxter, Coloplast, Ethicon. Inc, Hollister Inc, Integra Life Sciences Corporation, Derma Sciences Inc, Spiracur Inc, Medline Industries, MiMedx Group, Organo genesis Inc, Talley Group Limited, BSN Medical, Devon Medical Products, Human Biosciences Inc, B. Braun Melsungen AG, Cardinal Health, Paul Hartmann Limited, DeRoyal Industries Inc, DermaRite Industries LLC, MPM Medical Inc, Kinetic Concepts, Advancis Medical.

• Dressing market is growing with the highest CAGR.

• Globally Surgical Wound is driving the market with highest market share. However, Diabetic Ulcers is growing with the highest CAGR.

• Hospital is dominating the global advanced wound care market.

ACELITY L.P. INC.:

Acelity L.P. Inc was founded in 1976 and headquartered in San Antonio, Texas; this company designs products to address needs in the areas of advanced wound therapy and regenerative medicine with best-in-class solutions that deliver superior clinical outcomes for patients. The company's operations span across North America, Europe, Middle East, Africa, Asia, and rest of the world. Acelity L.P. Inc operates through two business segments: Advanced Wound Therapy (AWT) and Regenerative Medicine (RM).

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Recent Developments:

1. In February 2017, Acelity L.P. Inc. announced that it has completed the sale of its regenerative medicine business unit, Life cell Ccorporation to Allergen for USD 2.9 billion in cash.

2. In October 2016, Acelity L.P. Inc. announced that Alloderm Select Duo Regenerative Tissue Matrix is launched in the United States. Alloderm Regenerative Tissue Matrix is the nation’s leading biological tissue matrix for soft tissue reinforcement.

SMITH AND NEPHEW:

Company supports healthcare professionals in more than 100 countries in their daily efforts to improve the lives of their patients by taking a pioneering approach to the design of our advanced medical products and services, by securing wider access to our diverse technologies for more customers globally, and by enabling better outcomes for patients and healthcare systems. The company's operations span across North America, Europe, Middle East, Africa, Asia, and rest of the world. Smith and Nephew operate through four business segments: orthopedics reconstruction, advanced wound management, sports medicine, and trauma & extremities.

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Recent Developments:

3. In December 2016, Smith and Nephew, the global medical technology business, has been awarded the 2016 French Galien Award for PICO; the novel single-use negative pressure wound therapy (NPWT) system.

Global Advanced Wound Care Market Key Drivers:

Some of the major factors driving the growth of advanced wound care market are technological advancement, rising incidences of chronic wound, government support, rising geriatric population, and increasing trend.

• Increasing prevalence of chronic diseases can be related to lifestyle, such as diabetes and obesity, are one of the fundamental trends which are driving growth of advanced wound care market.

• The increasing prevalence of chronic wounds is driving demand for products which enhance quality of life and limit the risk of more serious health problems.

• Willingsford Healthcare a small British company is to receive government grant to develop its innovative wound treatment.

• Advance wound care is highly used in case of pressure ulcers, diabetic ulcers and chronic ulcers.

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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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