(MENAFN- America News Hour) Globally the number of wound care patients have been increasing in recent years. The growth is mainly influenced in areas where the old age population is high, people are suffering from diabetes and obesity conditions. The wound care management platforms are believed to improve patient mobility, quality of life and overall wellbeing of an individual.
Market Dynamics
Growth in innovation across the world in wound care management is increasing primarily because of increasing technological advancements in medical products and therapies are much more efficient and cost effective clinically than their conventional counterparts. With this competition is also increasing in the market and both established multinational companies and start ups are trying to make a place in the market.
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Market Segmentation
Based on Type:
Advanced Wound Closure
Haemostatic and Healing Agents
Topical Tissue Adhesives
Wound closure Devices
Advanced Wound Care (Fastest growing segment)
Moist Wound dressings
Therapy Devices
Active Wound care
Based on Applications:
Burns
Ulcers (Highest revenue generating segment)
Pressure Ulcers
Diabetic foot ulcers
Venous Ulcers
Arterial Ulcers
Surgical Wounds
Others
Based on End Use:
Hospitals and community Health Services
Home Healthcare
Regional/Geographical Analysis
Geographical areas covered by wound care products market are North America , Europe , Asia pacific and LAMEA out of which North America is generating the maximum revenue and the market is experiencing maximum growth in Asia Pacific region because of the increasing technological development and urbanization in countries like India and China.
Opportunities
Hospitals are increasingly showing an inclination towards advanced wound care products as they perceive that prolonged hospital stays and bed occupancy are a bigger cost burden than investment in these advanced wound care and closure products. Diabetic foot ulcer is the most prevalent type of ulcer.
Key Players
The prominent players in the wound care market are Coloplast A/S (Denmark.), Baxter International Inc. (U.S.), Hollister Inc. (U.S.), Mlnlycke Health Care (Sweden), 3M Company (U.S.), Covidien PLC (Ireland), Ethicon Inc. (U.S.), Derma Sciences Inc. (U.S.), Convatec Healthcare B.S.A.R.L (U.S.), Acelity L.P/ (U.S.), and Smith & Nephew (U.K.).
Report Contents Regional Analysis Report Highlights
Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market – Current Trends
Competition & Major Companies
Technology and R & D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
North America
US and Canada
Latin America
Mexico, Brazil, Argentina and Rest of Latin America
Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa
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Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage
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