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.
The report provides an in-depth analysis of the competitive landscape, along with company profiling of key players involved in the global Wound Care market. The authors of the report make sure to equip readers with a thorough evaluation of the vendor landscape and inform them of the current and future changes that can be expected. The competitive analysis offered in the report inspects the market share, gross margin, product portfolio, consumption, market status, and technologies of leading players controlling a significant portion of the global Wound Care market.
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The research provides answers to the following key questions:
What is the estimated market size and growth rate of the Wound Care market for the forecast period, 2020 – 2027?
What are prominent factors driving the progress of the Wound Care industry across different regions?
Who are major vendors dominating the Wound Care market and what have been their winning strategies to stay competitive?
Which market trends are expected to influence the development of the Wound Care industry worldwide?
What are challenges that are expected to act as a roadblock for Wound Care industry for the period, 2020 – 2027?
What are the opportunities working in favor of the Wound Care industry?
This report on the global Wound Care Market equips the reader with all essential tools to decipher their standing in the industry based on the growth of revenue or sales. It provides a comprehensive evaluation of the global Wound Care market from various perspectives to deliver a detailed, informative, and precise analysis of regional growth, competition, and market segmentation, among other factors. Moreover, it also gives an accurate account of the significant breakthroughs and developments that influence the global Wound Care market. It also focuses on both the global as well as the regional expansion of the Wound Care industry to give an overall analysis.
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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.
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
Regional Outlook (Revenue, USD Billion; 2017-2027)
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
Chapter 5. Wound Care Market By Product Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 6. Wound Care Market By Surgery Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 7. Wound Care Market By End User Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 8. Wound Care Market Regional Outlook
Company Name: Emergen Research
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