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Global Advanced Wound Care Market: By Product: Infection Management, Exudate Management, Active Wound Care, Therapy Devices; By Wound Type: Chronic Wounds, Acute Wounds; By End Use; Regional Analysis; Historical Market and Forecast (2016-2026); SWOT Analysis; Competitive Landscape; Industry Events and Developments
Global Advanced Wound Care Market Outlook
The global advanced wound care market attained a value of USD 10.7 million in 2020. The market is further expected to grow in the forecast period of 2021-2026 at a CAGR of 4.8%.
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The market demand will be influenced by an increased incidence of chronic conditions, including diabetes and obesity, and the related rise in the rates of chronic wounds. Due to the increased prevalence of chronic and acute injuries and the rising number of surgeries, the North America market dominated the industry in 2020.
Properties and Applications
The industry can be broadly categorised based on products, wound type, and end-use.
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Based on products, the industry can be segmented into:
- Infection Management
- Exudate Management
- Active Wound Care
- Therapy Devices
By wound type, the industry can be divided as:
- Chronic Wounds
- Acute Wounds
On the basis of its end-use segments, the industry can be broadly categorised as:
- Hospitals and Clinics
- Community Health Service Centres
- Others
The EMR report looks into the regional markets of advanced wound care like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
The rising geriatric population with chronic injuries is a major factor driving the industry for advanced wound care products. Due to a significant number of patients receiving chronic and acute wounds in hospitals, the hospital segment accounted for a considerable industry share in 2020. Due to the high level of knowledge and acceptance of advanced wound care products, such as NPWT, North America is likely to dominate the industry in the forecast period.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global advanced wound care market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Smith & Nephew plc
- Mölnlycke Health Care
- B. Braun Melsungen AG
- ConvaTec Group plc
- Coloplast A/S
- Integra LifeSciences, (NASDAQ: IART)
- 3M Company
- Cardinal Health, Inc.
- Others
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Questions Answered in the Market Report
- How has the global advanced wound care market performed in the previous years (2016-2020)?
- What is the forecast assessment of the industry for 2021-2026?
- What are the major drivers in the historical (2016-2020) and forecast (2021-2026) periods?
- What are the major constraints in the historical (2016-2020) and forecast (2021-2026) periods?
- What are the major demand indicators of the global industry?
- Who are the key manufacturers of infection management, exudate management, active wound care, and therapy devices in the global industry?
- What is the degree of competition in the global industry?
- What are the major events and developments taking place within the global industry?
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
1.1 Objectives of the Study
1.2 Key findings of the Study
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.4 Inference Data
3 Executive Summary
3.1 Market Overview
3.2 Market Analysis
4 Global Advanced Wound Care Market by Product Market
4.1 Global Advanced Wound Care Market by Product Historical Market (2016-2020) & Forecast (2021-2026)
4.2 Global Advanced Wound Care Market Breakup by Product
4.2.1 Infection Management
4.2.2 Exudate Management
4.2.3 Active Wound Care
4.2.4 Therapy Devices
4.3 Global Advanced Wound Care Market Breakup by Product: Historical Market (2016-2020) & Forecast (2021-2026)
4.3.1 Infection Management
4.3.2 Exudate Management
4.3.3 Active Wound Care
4.3.4 Therapy Devices
4.4 Global Advanced Wound Care Market Breakup by Wound Type
4.4.1 Chronic Wounds
4.4.2 Acute Wounds
4.5 Global Advanced Wound Care Market Breakup by Wound Type: Historical Market (2016-2020) & Forecast (2021-2026)
4.5.1 Chronic Wounds
4.5.2 Acute Wounds
4.6 Global Advanced Wound Care Market Breakup by End Use
4.6.1 Hospitals & Clinics
4.6.2 Community Health Service Centers
4.6.3 Others
4.7 Global Advanced Wound Care Market Breakup by End Use: Historical Market (2016-2020) & Forecast (2021-2026)
4.7.1 Hospitals & Clinics
4.7.2 Community Health Service Centers
4.7.3 Others
4.8 Global Advanced Wound Care Market Breakup by Region
4.8.1 North America
4.8.1.1 United States of America
4.8.1.2 Canada
4.8.2 Europe
4.8.2.1 Germany
4.8.2.2 United Kingdom
4.8.2.3 France
4.8.2.4 Italy
4.8.2.5 Others
4.8.3 Asia Pacific
4.8.3.1 China
4.8.3.2 Japan
4.8.3.3 India
4.8.3.4 ASEAN
4.8.3.5 Others
4.8.4 Latin America
4.8.4.1 Brazil
4.8.4.2 Argentina
4.8.4.3 Mexico
4.8.4.4 Others
4.8.5 Middle East & Africa
4.8.5.1 Saudi Arabia
4.8.5.2 United Arab Emirates
4.8.5.3 Nigeria
4.8.5.4 South Africa
4.8.5.5 Others
4.9 Global Advanced Wound Care Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
4.9.1 North America
4.9.1.1 United States of America
4.9.1.2 Canada
4.9.2 Europe
4.9.2.1 Germany
4.9.2.2 United Kingdom
4.9.2.3 France
4.9.2.4 Italy
4.9.2.5 Others
4.9.3 Asia Pacific
4.9.3.1 China
4.9.3.2 Japan
4.9.3.3 India
4.9.3.4 ASEAN
4.9.3.5 Others
4.9.4 Latin America
4.9.4.1 Brazil
4.9.4.2 Argentina
4.9.4.3 Mexico
4.9.4.4 Others
4.9.5 Middle East & Africa
4.9.5.1 Saudi Arabia
4.9.5.2 United Arab Emirates
4.9.5.3 Nigeria
4.9.5.4 South Africa
4.9.5.5 Others
5 SWOT Analysis
5.1 Overview
5.2 Strengths
5.3 Weaknesses
5.4 Opportunities
5.5 Threats
6 Porter’s Five Forces Analysis
6.1 Overview
6.2 Buyer’s Power
6.3 Supplier’s Power
6.4 New Entrants
6.5 Degree of Rivalry
6.6 Substitutes
7 Key Players & Company Profile Analysis
7.1 Smith & Nephew plc, SN (LON)
7.2 Mölnlycke Health Care
7.3 B. Braun Melsungen AG
7.4 ConvaTec Group plc, CTEC (LON)
7.5 Coloplast A/S, COLO-B (CPH)
7.6 Integra LifeSciences, IART (NASDAQ)
7.7 3M Company, MMM (NYSE)
7.8 Cardinal Health, Inc., CAH (NYSE)
7.9 Others
8 Industry Events and Developments
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