The global Wound Care Market is forecasted to be worth USD 28.15 Billion by 2027, according to a current analysis by Emergen Research.
A new market assessment report on Wound Care market brings to light a detailed statistics on the dramatic shift in the competitive landscape and business environment of the Wound Care market for the forecast period 2020 – 2027. The comprehensive study offers an overview of the current state of development of the business as well as predicts the course of progress across different regions. A large number of factors including the major driving forces, threats and opportunities are taken into account to present an analytical picture of the industry portrayed in the report.
Key questions answered in the report
What will be the market size in terms of value and volume in the next five years?
Which segment is currently leading the market?
In which region will the market find its highest growth?
Which players will take the lead in the market?
What are the key drivers and restraints of the market’s growth?
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Data triangulation and market breakdown
Research assumptions Research data including primary and secondary data
Primary data includes breakdown of primaries and key industry insights
Secondary data includes key data from secondary sources
Key Highlights From The Report
The large proportion of surgical wounds segment can be attributed to the increasing incidence of diabetic foot ulcers & pressure ulcers, and post-operative surgical wounds. Surgical wounds extend the stay of the hospital, cause an enormous economic burden, and significantly impair the quality of life. The increasing number of surgeries due to trauma, accidents, and increasing chronic disease prevalence will boost the market over the forecast period.
A diabetic foot ulcer is an open wound which occurs in most of the diabetic patient and is generally located on the bottom of the foot. Several patients who suffer from the ulcer require an amputation. The development of foot ulcers is preventable.
Increasing hospital admissions due to chronic and increased incidence of hospital-acquired pressure ulcers are key market drivers for this end-user segment’s growth. Furthermore, extended hospital stays of diabetes patients in this end-user segment further increases the demand for advanced wound care products.
The market for the Asia Pacific is presumed to expand at a high CAGR throughout the forecast timeframe. The regional growth can be accredited to India, Japan, and China owing to factors such as the growing advancements by prominent players in these countries and increased support from the government.
Key participants include Ethicon Inc., Smith & Nephew plc, Baxter International Inc., Convatec Group Plc, Coloplast A/S, Medtronic plc, Paul Hartmann AG, 3M Company, Mimedx Group, and Integra LifeSciences Holding Corporation, among others.
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Regional scope- North America; Europe; Asia Pacific; Central & South America; MEA
Product Outlook (Revenue, USD Billion; 2017-2027)
Advanced Wound Care Products
Advanced Wound Dressings
Non Silicone Dressings
Wound Contact Layers
Wound Therapy Devices
Pressure Relief Devices
Wound Assessment & Monitoring Devices
Negative Pressure Wound Therapy Systems
Conventional NPWT Systems
Disposable NPWT Systems
Oxygen & Hyperbaric Oxygen Equipment
Electrical Stimulation Devices
Other Therapy Devices
Active Wound Care Products
Biological Skin Substitutes
Human Donor Tissue-derived Products
Acellular Animal-derived Products
Surgical Wound Care Products
Tissue Adhesives, Sealants, & Glues
Traditional Wound Care Products
Wound Type Outlook (Revenue, USD Billion; 2017-2027)
Diabetic Foot Ulcers
Venous Leg Ulcers
Surgical & Traumatic Wounds
End-User Outlook (Revenue, USD Billion; 2017-2027)
Hospitals & Clinics
Long-term Care Facilities
Home Care Settings
The industry experts have left no stone unturned to identify the major factors influencing the development rate of the Wound Care industry including various opportunities and gaps. A thorough analysis of the micro markets with regards to the growth trends in each category makes the overall study interesting. When studying the micro markets the researchers also dig deep into their future prospect and contribution to the Wound Care industry.
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Wound Care Market Segmentation & Impact Analysis
4.1. Wound Care Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
184.108.40.206. Stringent environmental regulations
220.127.116.11. Rising need to reduce bacterial or algal contamination in water systems
18.104.22.168. Increasing demand for biocides for municipal water treatment
4.2.3. Market restraints analysis
22.214.171.124. Fluctuating prices of raw material
126.96.36.199. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Wound Care Market By Application Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 6. Wound Care Market By Product type Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 7. Wound Care Market Regional Outlook
Chapter 8. Competitive Landscape