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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 (2017-2027); Market Dynamics; 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 2022-2027 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 and Nephew plc
- Mölnlycke Health Care AB
- B. Braun Melsungen AG
- ConvaTec Group plc
- 3M Company
- Integra Life Sciences Holdings Corporation
- Cardinal Health, Inc.
- ConvaTec Group PLC
- 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.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Wound Type, End Use, Region |
| Breakup by Product | Infection Management, Exudate Management, Active Wound Care, Therapy Devices |
| Breakup by Wound Type | Chronic Wounds, Acute Wounds |
| Breakup by End Use | Hospitals & Clinics, Community Health Service Centers, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Smith and Nephew plc, Mölnlycke Health Care AB, B. Braun Melsungen AG, ConvaTec Group plc, 3M Company, Integra Life Sciences Holdings Corporation, Cardinal Health, Inc., ConvaTec Group PLC, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Advanced Wound Care Market Analysis
8.1 Key Industry Highlights
8.2 Global Advanced Wound Care Historical Market (2017-2021)
8.3 Global Advanced Wound Care Market Forecast (2022-2027)
8.4 Global Advanced Wound Care Market by Product
8.4.1 Infection Management
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Exudate Management
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Active Wound Care
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.4.4 Therapy Devices
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2017-2021)
8.4.4.3 Forecast Trend (2022-2027)
8.5 Global Advanced Wound Care Market by Wound Type
8.5.1 Chronic Wounds
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Acute Wounds
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.6 Global Advanced Wound Care Market by End Use
8.6.1 Hospitals & Clinics
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Community Health Service Centers
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.6.3 Others
8.7 Global Advanced Wound Care Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Smith and Nephew plc
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Mölnlycke Health Care AB
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 B. Braun Melsungen AG
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 ConvaTec Group plc
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 3M Company
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Integra Life Sciences Holdings Corporation
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Cardinal Health, Inc.
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 ConvaTec Group PLC
12.2.8.1 Company Overview
12.2.8.2 Product Portfolio
12.2.8.3 Demographic Reach and Achievements
12.2.8.4 Certifications
12.2.9 Others
13 Industry Events and Developments
List of Figures and Tables
1. Global Advanced Wound Care Market: Key Industry Highlights, 2016 and 2026
2. Global Advanced Wound Care Historical Market: Breakup by Product (USD Million), 2017-2021
3. Global Advanced Wound Care Market Forecast: Breakup by Product (USD Million), 2022-2027
4. Global Advanced Wound Care Historical Market: Breakup by Wound Type (USD Million), 2017-2021
5. Global Advanced Wound Care Market Forecast: Breakup by Wound Type (USD Million), 2022-2027
6. Global Advanced Wound Care Historical Market: Breakup by End Use (USD Million), 2017-2021
7. Global Advanced Wound Care Market Forecast: Breakup by End Use (USD Million), 2022-2027
8. Global Advanced Wound Care Historical Market: Breakup by Region (USD Million), 2017-2021
9. Global Advanced Wound Care Market Forecast: Breakup by Region (USD Million), 2022-2027
10. North America Advanced Wound Care Historical Market: Breakup by Country (USD Million), 2017-2021
11. North America Advanced Wound Care Market Forecast: Breakup by Country (USD Million), 2022-2027
12. Europe Advanced Wound Care Historical Market: Breakup by Country (USD Million), 2017-2021
13. Europe Advanced Wound Care Market Forecast: Breakup by Country (USD Million), 2022-2027
14. Asia Pacific Advanced Wound Care Historical Market: Breakup by Country (USD Million), 2017-2021
15. Asia Pacific Advanced Wound Care Market Forecast: Breakup by Country (USD Million), 2022-2027
16. Latin America Advanced Wound Care Historical Market: Breakup by Country (USD Million), 2017-2021
17. Latin America Advanced Wound Care Market Forecast: Breakup by Country (USD Million), 2022-2027
18. Middle East and Africa Advanced Wound Care Historical Market: Breakup by Country (USD Million), 2017-2021
19. Middle East and Africa Advanced Wound Care Market Forecast: Breakup by Country (USD Million), 2022-2027
20. Global Advanced Wound Care Market Structure
Key Questions Answered in the Report
In 2020, the global advanced wound care market attained a value of nearly USD 10.7 million.
The market is projected to grow at a CAGR of 4.8% between 2021 and 2026.
The major drivers of the industry, such as the increasing awareness regarding wound care products, growing incidences of chronic and acute injuries, increase in the number of surgeries, growing geriatric population, and rapid technological advancements, are expected to aid the market growth.
The key market trends guiding the growth of the industry include the launch of improved products for advanced wound care management and the growing research and development activities.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with North America accounting for the largest share in the market.
Infection management, exudate management, active wound care, and therapy devices are the leading products of advanced wound care in the industry.
The major wound types in the market include chronic and acute wounds.
Hospitals and clinics and community health service centres, among others, are the significant end use segments of the product.
The major players in the industry are Smith and Nephew plc, Mölnlycke Health Care AB, B. Braun Melsungen AG, ConvaTec Group plc, 3M Company, Integra Life Sciences Holdings Corporation, Cardinal Health, Inc., and ConvaTec Group PLC, among others.
Analyst Review
The global advanced wound care market attained a value of USD 10.7 million in 2020, driven by the rising prevalence of chronic injuries among the growing geriatric population. Aided by the introduction of enhanced wound care products, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 4.8%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on product types, the industry can be segmented into infection management, exudate management, active wound care, and therapy devices. On the basis of wound types, the industry is bifurcated into chronic, and acute wounds. By end use segments, the industry is categorised into hospitals and clinics, and community health service centres, among others. The major regional markets for advanced wound care are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the market. The key players in the above market include Smith and Nephew plc, Mölnlycke Health Care AB, B. Braun Melsungen AG, ConvaTec Group plc, 3M Company, Integra Life Sciences Holdings Corporation, Cardinal Health, Inc., and ConvaTec Group PLC, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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