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Advanced Wound Care Management Market (Product Type - Advanced Wound Dressings, Active Wound Care, and Antimicrobial Dressing; Type of Wounds - Diabetic Foot Ulcers, Pressure Ulcer, Venous Leg Ulcer, Arterial Ulcer, Surgical, Traumatic Wounds, and Others; End User - Hospitals, Ambulatory Surgical Centers, Community Medical Centers, and Home Healthcare): Global Industry Analysis, Trends, Market Size and Forecasts to 2024

  • Published : July, 2018

  • Rep Id : HC0330

  • Category : Healthcare & Medical Devices

  • Status : Published

This report provides exclusive insights into the COVID-19 impact on the Advanced Wound Care Management Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Advanced Wound Care Management Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Advanced Wound Care Management Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.

A recent report published by Infinium Global Research on advanced wound care management market provides an in-depth analysis of segments and sub-segments in global as well as regional advanced wound care management market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional advanced wound care management market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global advanced wound care management market. According to the report, the global advanced wound care management market is projected to grow at a CAGR of 6.1% over the forecast period of 2018-2024.

 
Market insight

Advanced wound care management is the treatment of the wound, in which appropriate environment is provided for the healing of the wound, by direct and indirect methods and also with the prevention of skin breakdown. The demands of wound care and prevention require a highly developed knowledge of physiological and pharmacological components of the patient experience along with technical and practical skills to perform the universal assessment. Healthcare practitioner uses advanced wound care products as wound healing may be delayed or at times unachievable. It is a therapeutic approach and provides an effective wound healing process.

 

According to the world health organization(WHO), In USA, venous leg ulcers are the most common type of chronic wound, with an incidence of 2.5 million each year and 2 million pressure ulcers occur each year. According to the american diabetic association, 20.8 million children and adults or 7% of the USA population have diabetes. Globally increasing number of road accidents, rising prevelaves of diabetes along with chronic wound and rapidly growing population worldwide are major factors that are propelling the growth of advanced wound care management market. In addition, rising awareness programs for wound care management & treatment and advancement in the wound care product are propelling the growth of the market. However, the high cost of advanced wound care product is expected to hamper the market. Going further, growing research and developments of advanced wound care product is likely to create growth opportunities for the advanced wound care management market.

 

Among the geographies, North America is anticipated to be the leading region in the advanced wound care management market over the forecast period. According to WHO, in North America, between 5 and 7 million chronic and complex wounds occur every year. Moreover, the rising prevalence of chronic wound coupled with developed healthcare infrastructure is escalating the growth of the market in North America.

 

Asia-Pacific is the emerging region in the advanced wound care management, owing to the growing number of key players tapping in this region. Moreover, increasing geriatric population coupled with rising disposable income is driving the growth of the market in the Asia-Pacific region.

 
Segment Covered

The report on global advanced wound care management market covers segments such as product type, type of wounds and end user. On the basis of product type the global advanced wound care management market is categorized into advanced wound dressings, active wound care, and antimicrobial dressing. On the basis of type of wounds the global advanced wound care management market is categorized into diabetic foot ulcers, pressure ulcer, venous leg ulcer, arterial ulcer, surgical, traumatic wounds, and others. On the basis of end user the global advanced wound care management market is categorized into hospitals, ambulatory surgical centers, community medical centers, and home healthcare.

 

Geographic Coverage

The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain and rest of Europe are included in the European region. 


Advanced Wound Care Management Market


The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-Pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2018-2024.

 

Companies Profiled:

The report provides profiles of the companies in the global advanced wound care management market such as 3M, Acelity L.P. Inc., B. Braun Melsungen AG, BSN medical GmbH, Coloplast A/S, ConvaTec Inc., Medline Industries, Inc., Medtronic, Molnlycke Health Care, and Organogenesis, Inc.

 

Report Highlights:

The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global advanced wound care management market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of advanced wound care management market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the advanced wound care management market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the advanced wound care management market to understand the present and future trends in this market and formulate their strategies accordingly.


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