Wound Care Market Revenue, Statistics, Industry Growth

  • The report entails an organized database of the Wound Care Market dynamics that helps market analysts estimate the global market growth rate over the projected timeline. Therefore, the report, published by Emergen Research, is a detail-oriented compilation of the crucial aspects of the Wound Care Market, including the key players’ product offerings, the wide application range of these products, the major market segments, leading market contenders, their company profiles, pricing strategies, production capacities, revenue generation schemes, technological advancements, and many others

    The global Wound Care Market is forecasted to be worth USD 28.15 Billion by 2027, according to a current analysis by Emergen Research. The wound care market is primarily driven by increasing diabetes incidence and prevalence, increasing geriatric population, increasing wound ulcer prevalence, increased funding for wound care research, and increasing awareness programs on wound management.

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    Some 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.

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    Market Drivers:

    The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in R&D activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.

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    For the purpose of this report, Emergen Research has segmented into the global Wound Care Market on the basis of product, wound type, end-user, and region:

    Product Outlook (Revenue, USD Billion; 2017-2027)

    • Advanced Wound Care Products
      1. Advanced Wound Dressings
        • Foam Dressings
          • Silicone Dressings
          • Non Silicone Dressings
        • Hydrocolloid Dressings
        • Film Dressings
        • Alginate Dressings
        • Hydrogel Dressings
        • Collagen Dressings
        • Hydrofiber Dressings
        • Wound Contact Layers
        • Antimicrobial Dressings
        • Superabsorbent Dressings
      2. Wound Therapy Devices
        • Pressure Relief Devices
        • Wound Assessment & Monitoring Devices
        • Negative Pressure Wound Therapy Systems
          • Conventional NPWT Systems
          • Disposable NPWT Systems
          • Accessories
        • Oxygen & Hyperbaric Oxygen Equipment
        • Electrical Stimulation Devices
        • Other Therapy Devices
      3. Active Wound Care Products
        • Biological Skin Substitutes
          • Human Donor Tissue-derived Products
          • Acellular Animal-derived Products
          • Biosynthetic Products
        • Topical Agents
    • Surgical Wound Care Products
      1. Sutures
      2. Staplers
      3. Tissue Adhesives, Sealants, & Glues
        • Fibrin-based Sealants
        • Collagen-based Sealants
        • Synthetic Adhesives
      4. Anti-infective Dressings
    • Traditional Wound Care Products
      1. Medical Tapes
      2. Dressings
      3. Cleansing Agents

    Wound Type Outlook (Revenue, USD Billion; 2017-2027)

    • Diabetic Foot Ulcers
    • Pressure Ulcers
    • Venous Leg Ulcers
    • Surgical & Traumatic Wounds
    • Burns
    • Other Wounds

    End-User Outlook (Revenue, USD Billion; 2017-2027)

    • Hospitals & Clinics
      1. Inpatient Settings
      2. Outpatient Settings
    • Long-term Care Facilities
    • Home Care Settings

    Regional Analysis:

    The report sheds light on the region expected to dominate the Wound Care market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Wound Care market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.

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    Leading Companies of the Wound Care Industry and Profiled in the Report are:

     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.

    Key Points of Wound Care Market:

    • Extensive coverage of the analysis of the Wound Care market
    • Key insights into the regional spread of the industry in key geographies
    • Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
    • Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Wound Care market
    • Complete data about the key manufacturers and vendors in the Wound Care market

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    Thank you for reading our report. Customization of this report is available in chapter-wise or region-wise sections. Kindly get in touch with us to know more about the report, and our team will provide excellent assistance.

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