Advance Wound Care Market Is Poised To Leverage At A CAGR Of 4% By 2030

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The global advance wound care market was valued at US$ 10 Bn in 2019 and is poised to expand 1.4x by 2030, to reach a value pool of almost US$ 15 Bn. The high prevalence of chronic wounds has leveraged the utilization of advanced wound care products. Wound cleansers, foam dressings, and honey dressings in hospitals are boosting revenue growth of the global advance wound care market. According to IDF, diabetic ulcers have shown a rapid increase in the last decade. IDF has stated that the prevalence of diabetic ulcers is growing by 9% annually.

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Key Takeaways of Global Advance Wound Care Market Study

 

  • By product type, wound cleansers accounted for a prominent value share in the global advanced wound care market. This is primarily attributed to the growing need for wound cleansers prior to dressing.
  • North America and Europe will collectively hold 70% of the global advanced wound care market share. East Asia and South Asia are anticipated to exhibit notable CAGR, owing to growing advance wound care manufacturing facilities in these regions.
  • The hospitals segment end user dominated the global advance wound care market, attributed to high healthcare infrastructure and a large patient pool visiting hospitals.
  • U.S. represents the most lucrative market, followed by Germany for Advanced Wound Care market. While, China is expected to witness significant growth due to convenience of use and affordability of advanced wound care products.

 “Greater attention towards better relationship management with surgeons could lead to higher product penetration of advance wound care product in hospitals.” says the Fact.MR Analyst.

Key Players are Focusing on Collaboration with Surgeons for Better Wound Management

Leading players are providing advance wound care and are collaborating with surgeons in order to provide better wound care to patients. The surgeon plays an important role in determining which dressing material is the most suitable based on the patient’s condition. These collaborations are anticipated to increase the penetration of advance wound care products. This relationship management program also provides surgeons with an opportunity to select the product type as per the needs of patients.

Key Segments of Global Advance Wound Care Market

Fact.MR’s study on the global advance wound care market offers information divided into three important segments— product type, end user, and region. This report offers comprehensive data and information about the important market dynamics and growth parameters associated with these categories.

  • By Product Type :

    • Antimicrobial Gels
    • Antimicrobial Powder
    • Concentrated Surfactant
    • Hydrogels Dressings
      • Antimicrobial Hydrogel Dressings
      • Non Antimicrobial Hydrogel Dressings
    • Skin Protectants
    • Wound Cleansers
    • Semi-Permeable Films Dressings
      • Semi-Permeable Antimicrobial Films Dressings
        • Antimicrobial Bordered Film Dressings
        • Antimicrobial Non Bordered Film Dressings
      • Semi-Permeable Non Antimicrobial Films Dressings
        • Non Antimicrobial Bordered Film Dressings
        • Non Antimicrobial Non Bordered Film Dressings
    • Alginate Dressings
      • Antimicrobial Alginate Dressings
      • Non Antimicrobial Alginate Dressings
    • Foam Dressings
      • Antimicrobial Foam Dressings
        • Antimicrobial Bordered Foam Dressings
        • Antimicrobial Non Bordered Foam Dressings
      • Non Antimicrobial Foam Dressings
        • Non Antimicrobial Bordered Foam Dressings
        • Non Antimicrobial Non Bordered Foam Dressings
    • Hydrocolloid Dressings
      • Antimicrobial Hydrocolloid Dressings
      • Non Antimicrobial Hydrocolloid Dressings
    • Collagen Dressing
      • Antimicrobial Collagen Dressing
      • Non Antimicrobial Collagen Dressing
    • Contact Layer
      • Antimicrobial Wound Contact Layers
      • Non Antimicrobial Wound Contact Layers
    • Honey Dressings
    • Super Absorbent Dressings
      • Antimicrobial Super Absorbent Dressings
      • Non Antimicrobial Super Absorbent Dressings
    • Compression System
      • 2 Layer Compression System
      • 3 Layer Compression System
      • 4 Layer Compression System
    • Unna Boots
    • Tapes
  • By End User :

    • Hospitals
    • Ambulatory Surgical Centers
    • Specialty Clinics
  • By Regions :

    • North America
    • Latin
    • America
    • Europe
    • South Asia
    • East Asia
    • Oceania
    • Middle East & Africa

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