(MENAFN- GlobeNewsWire - Nasdaq) Sandy, Utah, USA, Nov. 06, 2022 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Active Wound Care Market Size, Trends and Insights By Type (Exudate Management, Froth Dressings, Hydrogel Dressings, Alginate Dressings, Hydrocolloids Dressings, Infection Management, Non-silver Dressings, Collagen Dressings, Silver Wound Dressings, Treatment Devices, Oxygen and Hyperbaric Oxygen Equipment, Electromagnetic Therapy Devices, Negative Pressure Wound Therapy (NPWT), Others, Dynamic Wound Care, Development Factors, Skin Substitutes), By Application (Acute Wounds, Chronic Wounds), By End User (Community Health Service Centers, Hospitals), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030” in its research database.
“According to the latest research study, the demand for global size & share was valued at approximately USD 9001 Million in 2021 and is expected to reach USD 9334 Million in 2022 and is expected to reach a value of around USD 14190 Million by 2030, at a compound annual growth rate (CAGR) of about 5.6% during the forecast period 2022 to 2030.”
The increasing prevalence of chronic and acute wounds among people about the vast number of high-velocity accidents that are taking place worldwide has emerged as a significant growth factor for the active wound management market. That one technique and equipment utilized for managing energetic wounds are helping to raise the standard of treatment provided in the healthcare sector.
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The traditionally used wound repair equipment and products have been replaced with the help of advanced equipment and products that provide a faster healing process than the former. The advanced medicines and equipment used in the healthcare sector provide better results and efficiency. A considerable number of people belonging to the geriatric population emerge as potential consumers for active wound care management due to the increasing prevalence of injuries among these people. Rapid modernization worldwide has increased the demand for advanced wound care management techniques.
(A free sample of the Active Wound Care report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report. The COVID-19 Pandemic Outbreak Impact Analysis is included in the package About 220+ Pages Research Report (Including Recent Research) Provide detailed chapter-by-chapter guidance on the Request Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2022 Includes Tables and figures have been updated The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis Custom Market Insights (CMI) research methodology
(Please note that the sample of the Active Wound Care report has been modified to include the COVID-19 impact study prior to delivery.)
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Market Dynamics
Drivers
All around the world, the rising recurrence of ongoing injuries like diabetic foot ulcers, venous leg ulcers, and intense injuries, for example, careful and horrible injuries, is anticipated to expand the number of people getting constant injury care. Because of the rising recurrence of continuous and intense injuries worldwide, the interest in these items for therapy is expanding, supporting the worldwide Wound Care market over the estimated period. This is one of the primary drivers that is moving the business.
The presentation of creative and high-level items is impelling business sector development. The injury care business is probably going to benefit incredibly from mechanical enhancements. Because of expanding R&D consumption and the improvement of upgraded wound recuperating arrangements by market members, the reception of wound dressings and dynamic therapies for administering intense and ongoing injuries is anticipated to grow worldwide.
Restraints
Despite the expanded event of persistent and intense injuries worldwide, a few imperatives are confining business sector improvement potential. One of them is the costly expense of current injury items and the limited repayment for these things in non-industrial countries. Moreover, the shortfall of appropriate repayment methods, especially in emerging countries, has ruined the take-up of items and innovation.
Personal costs represent a lot of the whole expense of treatment in non-industrial countries, further restricting the utilization of refined injury dressings and gadgets for the therapy of constant injuries. Given the previously mentioned contemplations, people in these spots favor ordinary injury care arrangements over present-day ones.
Opportunities
In contrast with Europe and North America, Asia and Latin America are, to a great extent, immaculate business sectors for work on injury treatment, with colossal improvement potential. Accordingly, a few players are focusing on extending their presence here. Arising economies like South Korea, Malaysia, India, South Korea, Malaysia, Vietnam, Africa, and Middle Eastern countries like Israel, Saudi Arabia, and the UAE give impressive development potential to crucial market members. This can be credited to their minor administrative snags, headways in the medical care framework, extending patient populace, and rising medical services spending. Besides, administrative guidelines in the Asia Pacific district are more versatile and business-accommodating than in industrialized nations.
Key Offerings:
Market Share, Size & Forecast by Revenue | 2022−2030 Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by Regions Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Challenges
The coronavirus pandemic has likewise caused store network disturbances, harming the overall clinical hardware business. The plague has impacted worldwide monetary assumptions, store networks, activities, and emergency reaction procedures. The spread of COVID-19 caused hardships for creators of modern injury care gadgets, bringing about lockdowns and travel limitations.
The creation of current injury care items was seriously hampered as significant economies experienced the advancement of COVID-19 diseases. As a result, players in the are changing their long-haul and momentary development procedures to fight the pandemic by entering the examination market and assembling novel merchandise. Despite the effect of COVID-19 on the high-level injury care industry in contrast with other clinical gadget markets, early planning and execution of emergency courses of action are significant for organization activities and essential imported natural substances.
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Report Highlights
Based on product, the segment of treatment devices has emerged as the largest market due to its extensive demand in the healthcare sector. Based on application, the part of chronic wounds has emerged as the largest market due to the vast number of patients suffering from them. Based on end-user, the segment of hospitals has emerged as the largest market as it is the first healthcare center patients visit after a wound. Finally, based on geography, the region of North America has emerged as the largest market.
Regional Snapshots.
The North American market was regarded at USD 4 billion. The is expected to expand because of the rising instances of severe and consistent wounds and the more essential treatment costs related to pressure ulcers, diabetic foot ulcers, and cautious wounds. Also, North America's prevalence in this industry directly results from the openness of good reimbursement guidelines in the United States and Canada. The European market is supposed to make an astounding Compound yearly development by expanding information on the accessibility of consistent injury treatment and creating income for these medications. Because of rising per capita clinical thought spending, the Asia Pacific market may increase quickly.
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Browse the full “Active Wound Care Market Size, Trends and Insights By Type (Exudate Management, Froth Dressings, Hydrogel Dressings, Alginate Dressings, Hydrocolloids Dressings, Infection Management, Non-silver Dressings, Collagen Dressings, Silver Wound Dressings, Treatment Devices, Oxygen and Hyperbaric Oxygen Equipment, Electromagnetic Therapy Devices, Negative Pressure Wound Therapy (NPWT), Others, Dynamic Wound Care, Development Factors, Skin Substitutes), By Application (Acute Wounds, Chronic Wounds), By End User (Community Health Service Centers, Hospitals), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030” Report at
Report Scope
| Feature of the Report | Details |
| Market Size in 2021 | USD 9001 Million |
| Projected Market Size in 2030 | USD 14190 Million |
| CAGR Growth Rate | 5.6% CAGR |
| Base Year | 2021 |
| Forecast Period | 2022-2030 |
| Prominent Players | ConvaTec Inc., Smith & Nephew, MiMedx, 3M, Coloplast Corp, Tissue Regenix, Derma Sciences Inc., Mölnlycke Health Care AB, Organogenesis Inc., Integra Lifesciences, and Others |
| Key Segment | By Type, Application, End User, and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfill your requirements for research. |
Key Players.
ConvaTec Inc. Smith & Nephew MiMedx 3M Coloplast Corp Tissue Regenix Derma Sciences Inc. Mölnlycke Health Care AB Organogenesis Inc. Integra LifeSciences
Recent Developments
In June 2019, Mölnlycke Health Care AB consolidated endeavors with Zuellig Pharma to grow the openness of wound care things and general plans throughout the area. ConvaTec Group Plc conveyed ConvaMax in Jan 2020, a redesigned wound dressing those aids in the organization of significantly spilling over wounds like leg ulcers, cautious wounds, and diabetic foot ulcers. Smith and Nephew plc conveyed the PICO 14 Single-use NPWT System (NPWT) and dressing in the United States in March 2020.
Segments covered in the report
By Type
Froth Dressings Hydrogel Dressings Alginate Dressings Hydrocolloids Dressings Non-silver Dressings Collagen Dressings Silver Wound Dressings Oxygen and Hyperbaric Oxygen Equipment Electromagnetic Therapy Devices Negative Pressure Wound Therapy (NPWT) Others Development Factors Skin Substitutes By Application
Acute Wounds Chronic Wounds
By End User
Community Health Service Centers Hospitals
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On the basis of Geography
North America
Europe
France The UK Spain Germany Italy Rest of Europe
Asia Pacific
China Japan India Australia South Korea Rest of Asia Pacific
The Middle East & Africa
Saudi Arabia UAE Egypt Kuwait South Africa Rest of the Middle East & Africa
Latin America
Brazil Argentina Rest of Latin America
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Recent Developments.
MIMEDX presented EpiCord Expandable, a placental tissue relocation, to the market in September 2020. This allograft's clever shape permits medical care experts to conceal twofold the surface and is intended to satisfy the needs of patients with more significant, persistent, and challenging-to-recuperate wounds. Smith and Nephew declared the send-off of the PICO 14 single utilize negative strain wound treatment framework in the United States in March 2020, with a siphon span of as long as 14 days. This new siphon integrates the highlights and advantages of prior PICO sNPWT frameworks and a refreshed siphon that requires less human contribution.
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This Active Wound Care Market Research/Analysis Report Contains Answers to the following Questions.
Which Manufacturing Technology is used for Active Wound Care? What Developments Are Going on in That Technology? Which Trends Are Causing These Developments? Who Are the Global Key Players in This Active Wound Care Market? What are Their Company Profile, Their Product Information, and Contact Information? What Was the Global Market Status of the Active Wound Care Market? What Was the Capacity, Production Value, Cost and PROFIT of the Active Wound Care Market? What Is the Current Market Status of the Active Wound Care Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Active Wound Care Market by Considering Applications and Types? What Are Projections of the Global Active Wound Care Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports? What Is Active Wound Care Market Chain Analysis by Upstream Raw Materials and Downstream Industry? What Is Economic Impact on Active Wound Care Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends? What Are the Market Dynamics of the Active Wound Care Market? What Are Challenges and Opportunities? What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Active Wound Care Industry?
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Reasons to Purchase Active Wound Care Market Report
Active Wound Care Market Report provides qualitative and quantitative market analysis based on segmentation involving economic and non-economic factors. Active Wound Care Market report outlines market value (USD) data for each segment and sub-segment. This report indicates the region and segment expected to witness the fastest growth and dominate the market. Active Wound Care Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region. The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled. Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players. The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions. Active Wound Care Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.
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Reasons for the Research Report
The study provides a thorough overview of the global Active Wound Care market. Compare your performance to that of the market as a whole.
Aim to maintain competitiveness while innovations from established key players fuel market growth.
What does the report include?
Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Active Wound Care market analysis.
The competitive environment of current and potential participants in the Active Wound Care market is covered in the report, as well as those companies' strategic product development ambitions.
According to the component, application, and Industry Vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
For each segment mentioned above, actual market sizes and forecasts have been given.
Who should buy this report?
Participants and stakeholders worldwide Active Wound Care market should find this report useful. The research will be useful to all market participants in the Active Wound Care Industry.
Managers in the Active Wound Care sector are interested in publishing up-to-date and projected data about the worldwide Active Wound Care market.
Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Active Wound Care products' market trends. Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.
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