Reliable Data You Can Trust
Reliable Data You Can Trust
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.
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.
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.
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.
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.
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.
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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