Advanced Wound Care Market Analysis - Global Industry Size, Share, Trends and Forecast 2022 - 2030

Category : Healthcare and Pharmaceuticals | Published at : September-2017 | Delivery Format : PDF | Status: Published | Pages : 155


Most cuts and scratches are the simple injuries which do not require utmost attention and a visit to doctor and can be treated at home with proper wound care. The wound care treatment makes up a significant portion of nations healthcare expenditure. The wound care products are classified into two major categories: traditional wound care products and advanced wound care products. The need of any of these is dependent on the injury and the condition of the wound. Advanced wound care products are designed to treat complex wounds and the products include foam dressings, hydrocolloids, hydrogels, films, and alginates. Advanced wound care therapy function on the principle of moisture therapy, which provides moisture to the wounded area to encourage cell repair naturally. The products used in advanced wound therapy are most suitable for the wounds with different sizes and shapes and are resistant to foreign particles and environmental inhibitors. The major benefits offered by advanced wound care products include 

  • Facilitates oxygen flow
  • Protects wound from infection from bacteria and other foreign particles
  • Maintain a stable temperature around the wound site
  • Removes dead tissue to prevent scars 
  • Allows faster cell repair and healing 
  • Relief from pain during changing dressing beds

Report Description

The market research study on “Advanced Wound Care Market (Type: Advanced Wound Dressing, Advanced Wound Therapy Devices, Active Wound Care Products; Application: Surgical and Chronic Wounds, Ulcers, Burns; End-user: Inpatient Facilities, Outpatient Facilities) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2012-2022” offers a detailed study on the global advanced wound care market entailing insights on its different market segments. The report provides insight on global market, applications, products, end users, and geography along with discussing various factors and their impact on growth of advanced wound care market. The report covers the basic development policies and layouts of technology development processes. Secondly, the report covers historic, current, and forecast market sizes for the mentioned market segments and sub-segments along with the country analysis for each of these market segments. The major regional markets considered under the report scope include North America, Europe, Asia-Pacific, and Rest of the World. These regions are further bifurcated into major countries in the region. The competitive analysis section in the report features high level analysis such as Porter’s five forces analysis and competitive benchmarking on key players based on their product offerings. The report also features company profiles of few leading players operating in the market and the strategies deployment by them. 

Report Coverage

 Market Consideration

 Global Advanced Wound Care Market

 Analysis Period

 2012 - 2022

 Historic Data

 2012 - 2014

 Actual Data/Base Year


 Forecast Data

 2016 - 2022

 Market Stratification

 Product Type, Applications, End-user, Geography

 Regional Scope

 North America, Europe, Asia-Pacific, Rest of the World

 Report Coverage

 Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Benchmarking of Key Players


Market Dynamics

The global advanced wound care market is driven by changing trends. Recently, there has been an increase in the demand for combination dressing. The overall advanced wound care market has also witnessed developments due to availability of nanofiber- based wound dressings. Combination dressing comprises combining the properties of different types of wound dressings to offer better healing and performance than individual product. Combination dressings such as silver collagen, silver alginate and collagen hydrochloride combination dressing are commonly used for diabetic foot ulcers, pressure ulcers and infected wounds. They assist in wound healing and preventing the microbes to infect the wounded region. The greater therapeutic effectiveness of combination dressing is responsible for their increasing demand. Technological advancement in advance wound care products is further expected to drive the market growth. Companies engaged in manufacturing advanced wound care products are coming forth with innovative products to offer better treatment.

Traditional wound care products such as gauge, plaster, sponge and wadding, have limited effectiveness as compared to advanced wound care products. Advanced wound care products have higher absorption capacity as compared to traditional wound care products, which is important to prevent wound seepage. It also allows oxygen exchange simultaneously, blocking the entry of microbes into the wounds. These dressings retain moisture and help in formation of new tissue to cover the wound. Owing to these advantageous features over traditional wound care products, their popularity is increasing, thus leading to increased adoption of advanced wound care products. Other important factors driving the market growth include increasing geriatric population, growing awareness towards adoption of advanced wound care products, increasing cases of burns, surgeries, and accidents among others. Burns caused by chemicals, friction, radiation, electricity, friction and heat leads to severe loss of skin, tissue and blood vessels.

Advanced wound care products, such as artificial skin and substitutes, collagen dressing, hydrocolloid dressing and hydrogel dressing are used for treating such burn. According to National Fire Protection Association (NFPA), approximately 15,775 fire related injuries were reported in 2014 in the U.S alone. According to the World Health Organization (WHO) publication in 2014, nearly 1 million people suffer from moderate to severe burns every year in India. Thus, the increasing incidences of burn cases are driving the growth of this market.   

Segment Overview

North America led the global advanced wound care market in terms of revenue generated through different wound care market segments, and alone accounted for around 40% share in 2015. Increasing geriatric population in the region coupled with rising number of burn cases and road accidents attributed to the highest share of North America in advanced wound care market. Asia-Pacific is expected to be the fastest growing market for advanced wound care during the forecast period. Increasing healthcare spending in the region, increase in aging population, and increasing incidences of chronic wounds is majorly responsible for this growth. 

Based on type, the advanced wound care market is segmented into advanced wound dressings, advanced wound therapy devices, and advanced wound care products. Advanced wound dressings segment accounted for more than 50% share in 2015 and is expected to emerge as the fastest growing market segment, registering a CAGR of 7.3% during the forecast period from 2016 to 2022. Based on applications, the global advanced wound care market is segmented into surgical and chronic wounds, ulcers, and burns. Surgical and chronic wounds segment accounted for the largest share in 2015 and was valued at over $5 billion in 2015. Surgical procedures are invasive in nature, due to which tissue is damaged and wound is formed. At times, this wound comes in contact with the infectious agents, leading to the formation of chronic wounds. Chronic wounds are also formed when care is not taken at incipient stages leading to deteriorated condition. Other reasons for the formation of chronic wound include road accidents, old age, diabetes and obesity. Various advanced wound care products, such as advanced wound dressing, wound therapy device and advance wound care products are used for the treatment of surgical and chronic wounds. 

The global advanced wound care market is segmented as below:
Market Segmentation
  • Market By Type
  • Wound Care Dressings
    • Foam Dressing
    • Hydrocolloid Dressing
    • Film Dressing
    • Alginate Dressing
    • Hydrogel Dressing
    • Collagen Dressing 
  • Wound Care Therapy
    • Negative Pressure Wound Therapy (NPWT) Devices
    • Oxygen and Hyperbaric Oxygen Equipment
    • Electrical Stimulation Devices
  • Wound Care Products
    • Artificial Skin and Skin Substitutes
    • Topical Agents
  • Market By Application
  • Surgical and Chronic Wounds
  • Ulcers
    • Pressure Ulcers
    • Diabetic Ulcers
    • Venous Ulcers
    • Arterial Ulcers
  • Burns
  • Market By End-User
  • Inpatient Facilities
  • Outpatient Facilities
  • Market By Geography
  • North America
    • U.S. 
    • Rest of North America
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Rest of Asia-Pacific
  • Rest of the World
    • Brazil
    • Others

Companies Profiled

Among the player operating in the global advanced wound care market, some profiled in the report include 3M Company, Acelity LP Inc., Coloplast Corp., Mo-Sci Corp., Deroyal industries Inc., Medtronic Plc., Organogenesis Inc., Hollister Inc., Dermarite Industries LLC, Molnlycke Healthcare AB, Derma Sciences Inc., Smith & Nephew Plc., and Integra Lifesciences Holdings Corp. among others. Mergers and acquisitions for technology sharing and development and new product launch are some of the major strategies followed by leading players in this market to sustain market competition.


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