Advanced Wound Care Management Market, by Product Type, Wound Type, End User and by Geography – Trends and Forecast to...

Advanced wound care products are used by healthcare practitioners. It is a therapeutic approach for encouraging effective wound healing process. Advanced wound care management treatment uses moisture therapy, which provides moist microenvironment that stimulates the natural healing process. The products used in moist wound care includes film and foam dressings, hydrogels, alginates, and hydrocolloids. This therapy besides maintaining hydrated environment, also keeps the temperature consistent, allows flow of oxygen, removes dead tissue, protects the site from exogenous infection, and eases the pain associated with dressing changes.

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Market Dynamics

Manufacturers in the global advanced wound care management market are increasing focusing on product launches and acquisition strategy. This is expected to aid in growth of the market. For instance, in April 2017, Rehab Medical Inc. — a U.S.-based healthcare company — acquired Ohio-based Crow Creek Therapeutics. The acquisition is expected to aid Rehab Medical in increasing its portfolio of offerings in the wound care market. Furthermore, In January 2017, Integra Life Sciences Holdings Corporation — a wholly-owned subsidiary of Integra Derma Inc. — entered into a definitive agreement with Derma Sciences Inc. — a tissue regeneration company — to acquire the latter. This acquisition is expected to help the company in growth of its advanced wound care business.

Major factors driving growth of the advanced wound care management market include increasing prevalence of diabetes coupled with chronic wounds, and growing geriatric population. According to Centers for Disease Control & Prevention (CDC) in 2016, 23.6 million people suffered from diabetes, which is 7.8% of the total population in the U.S. One third of the diabetic population in the U.S also suffered from lower extremity wounds. However, high cost of treatment, is one of the factor expected to hinder growth of the global advanced wound care management market.

Prominent players in the global advanced wound care management market include, Johnson & Johnson, 3M Company, Baxter International, Acelity, Coloplast, Integra Lifesciences, Kinetic Concepts, Medtronic plc, Smith & Nephew plc, Leap Therapeutics, Hematris Wound Care, and Triage Meditech.

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Detailed Segmentation:

  • Global Advanced Wound Care Management Market, By Product Type:

    • Moist Wound Dressings

      • Foam Dressings

      • Hydrocolloid Dressings

      • Film Dressings

      • Alginate Dressings

      • Hydrogel Dressings

      • Collagen Dressings

    • Wound Therapy Devices

      • Pressure Relief Devices

      • Negative Pressure Wound Therapy Systems

      • Hyperbaric Oxygen Equipment

      • Electrical Stimulation Devices

    • Active Wound Care

      • Artificial Skin and Substitutes

      • Topical Agents

  • Global Advanced Wound Care Management Market, By Wound Type:

    • Ulcers

      • Pressure Ulcers

      • Diabetic Foot Ulcers

      • Venous Ulcers

    • Surgical Wounds

    • Traumatic Wounds

    • Burns

    • Other Wounds

  • Global Advanced Wound Care Management Market, By End User:

    • Hospitals

    • Clinics

    • Ambulatory Surgical Units

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