Overview


According to FutureWise analysis, the market for Advanced Wound Care is expected to grow at a CAGR of 5.70% over the forecast period of 2023-2031.

Advanced wound care includes a highly specialized approach to managing complex wounds that face difficulty healing through conventional methods. This progressive approach utilizes cutting-edge technologies, medical devices, and advanced techniques to create an optimal environment to facilitate efficient wound healing and minimize complications. 

In advanced wound care, innovative dressings are designed to fulfill the unique needs of different types of wounds. These dressings may be infused with specialized substances like antimicrobials and growth factors, essential in controlling infections and stimulating tissue regeneration. Negative pressure wound therapy (NPWT) is a prominent technique in advanced wound care. This method involves applying controlled suction through a vacuum-sealed dressing, effectively removing excess fluid, improving blood flow, and promoting tissue growth. Advanced wound care is primarily employed for chronic wounds, including diabetic ulcers, pressure ulcers, venous ulcers, and post-surgical wounds. The overarching goal of this specialized care is to expedite the healing process, mitigate the risk of complications, and ultimately enhance the patient's overall quality of life. Treatment plans are significantly tailored to the specific needs of each individual, often involving a combination of these advanced techniques to yield the most favorable outcomes in wound healing.

FutureWise Market Research has published a report that provides an insightful analysis of Advanced Wound Care Market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. By the end of the forecast period FutureWise research analysts' projects that the Advanced Wound Care Market will experience a significant growth.

According to the analysis done, this report will help understand the information referring to the total valuation held by this industry. Additionally, this report will help in understanding the growth opportunities held by various segments of this market, further assist in making better strategic and expansion decisions by key stakeholders of an organization.

  • Smith & Nephew Plc.
  • Mölnlycke Health Care AB
  • B. Braun Melsungen Ag
  • ConvaTec Group
  • Coloplast A/S
  • Integra LifeSciences Holdings Corporation
  • 3M Group
  • Cardinal Health Inc.
  • Paul Hartmann
  • Medline Industries
  • Lohmann & Rauscher
  • Advancis Medical LLC
  • Organogenesis
  • MiMedx Group
  • DeRoyal Industries Inc.
  • Winner Medical Co. Ltd.
  • Kerecis
  • Hollister Inc.
  • Shield Line
  • Welcare Industries SPA

(Note: The list of the major players will be updated with the latest market scenario and trends)

Recent developments by key players in the Advanced Wound Care Market:

  • In June of 2022, Smith & Nephew, a UK-based company, revealed plans to construct a state-of-the-art Research and Development (R&D) and manufacturing facility dedicated to its Advanced Wound Management division. This facility will be located on the outskirts of Hull, UK. It is anticipated that this new establishment will contribute to generating over $10 billion in sales within its initial decade of operation.
  • Similarly, in March 2022, ConvaTec Inc., also based in the UK, completed the acquisition of Triad Life Sciences, a US-based company specializing in the development of biologically sourced products aimed at addressing unmet clinical requirements in areas such as surgical wounds, chronic wounds, and burns.

The market for advanced wound care is driven by several factors, such as the strong demand for the products or services according to consumer preference, emerging markets, and population growth. Technological advancements are making new opportunities for the advanced wound care market by integrating new interventions and treatment modalities that enhance efficiency and lead to innovations fueling market growth. Government policies, incentives, and increased healthcare expenditure in many countries encourage market players to participate in more interventions and drive the market. Complex wounds such as surgical, pressure, and diabetic ulcers are becoming more common, which necessitates advanced wound care solutions to multiply faster and facilitate faster and more effective healing services. Globally, there is an increase in the geriatric population, and this increases the disease burden of the aging population as they are more prone to chronic diseases such as diabetes and obesity, so they are bolstering the market growth.

With particular factors driving the market, significant restraints also affect market growth. The higher the cost of the treatment and facilities, the higher the ratio of affected individuals deterring from the treatment, as the products and procedures are pretty costlier, hampering the market growth. Limited accessibility to healthcare in the developing regions, due to inadequate health infrastructure and financial constraints is depleting the market growth.

By Product

  • Dressings
    • Foam Dressings
    • Hydrocolloid Dressings
    • Film Dressings
    • Alginate Dressings
    • Hydrogel Dressings
    • Collagen Dressings
    • Hydrofiber Dressings
    • Wound Contact Layers
    • Superabsorbent Dressings
    • Other Advanced Dressings
  • Devices and Accessories
    • NPWT Devices and Accessories
    • Debridement Devices and Accessories
    • Wound Assessment and Monitoring Devices
    • Other Devices and Accessories
  • Grafts and Matrices
  • Topical Agents

By Wound Type

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

By End User

  • Hospitals, ASCs and Wound Care Centers
  • Homecare Settings
  • Other End Users

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

This market research report also emphasis on factors affecting the growth rate in various regions listed above. A deep-down analysis of the region will also be provided in the final version of this market, which is based on the conclusion of primary interviews and secondary data points gathered during the process.

By region, the market is segmented into North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. North America accounts for the largest market share due to the surge in diseases such as diabetes and obesity in this region. Increased geriatric patient pool, which is more prone to the prevalence of chronic diseases such as obesity and diabetes expanded healthcare infrastructure, the surge in healthcare expenditure, and increased research and development is occurring, which is enhancing the treatment modalities and interventions with more innovations in this region which is driving the market.

  • Tier 1 players- established companies in the market with a major market share
  • Tier 2 players
  • Emerging players which are growing rapidly
  • New Entrants

  • Growth prospects
  • SWOT analysis
  • Key trends
  • Key data-points affecting market growth

  • To provide with an exhaustive analysis on the of Advanced Wound Care Market By Product, By Wound Type, By End User and By Region.
  • To cater comprehensive insights on factors such as drivers, restraints, trends, opportunity, and additionally segmental and regional factors impacting market growth.
  • To evaluate current market trends and forecast micro-markets and the overall market projections, which are represented in the format of data sets and ppt.
  • To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa. 
  • To provide information on competitors, which includes landscape mapping, technological advancements, R&D spending, news concerning strategic alliances, and new product launches

  • We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement
  • The customization Mobility Care offered are free of charge with purchase of any license of the report
  • You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com

 

Table of Contents


  • 1.   Market Introduction
    •   1. Objectives of the Study
        2. Market Definition
        3. Market Scope
         3.1 . Years Considered for the Study
         3.2 . Market Covered
        4. Currency
        5. Limitations
        6. Stakeholders
  • 2.   Research Methodology
    •   1. Research Data
         1.1 . Secondary Data
          1.1.1 . Key Data from Secondary Sources
         1.2 . Primary Data
          1.2.1. Key Data from Primary Sources
        2. Market Size Estimation
        3. Market Breakdown and Data Triangulation
        4. Assumptions for the Study
  • 3.   Executive Summary
    •   1. Market Outlook
        2. Segment Outlook
        3. Competitive Insights
  • 4.   Advanced Wound Care Market Variables, Trends and Scope
    •   1. Market LineProducts Outlook
        2. Penetration and Growth Prospect Mapping
        3. Industry Value Chain Analysis
        4. Cost Analysis Breakdown
        5. Technology Overview
        6. Regulatory Framework
         6.1. Reimbursement Framework
         6.2. Standards and Compliances

  • 5.   Market Overview
    •   1. Market Dynamics
         1.1. Market Driver Analysis
          1.1.1. Increasing focus of Advanced Wound Care Companies on Brand Protection
          1.1.2. Untapped Opportunities in Emerging Regions
         1.2. Market Restraint Analysis
          1.2.1. High Cost Associated with Implementation of Predictive Analysis
         1.3. Industry Challenges
          1.3.1. Presence of Ambiguous Regulatory Framework
  • 6.   Advanced Wound Care Market Analysis Tools
    •   1. Industry Analysis - Porter’s
         1.1. Supplier Power
         1.2. Buyer Power
         1.3. Substitution Threat
         1.4. Threat from New Entrants
         1.5. Competitive Rivalry
        2. Pestel Analysis
         2.1. Political Landscape
         2.2. Environmental Landscape
         2.3. Social Landscape
         2.4. Technology Landscape
         2.5. Legal Landscape
        3. Major Deals And Strategic Alliances Analysis
         3.1. Joint Ventures
         3.2. Mergers and Acquisitions
         3.3. Licensing and Partnership
         3.4. Technology Collaborations
         3.5. Strategic Divestments
        4. Market Entry Strategies
        5. Case Studies
  • 7.   Advanced Wound Care Market, By Product Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Dressings
         1.1. Foam Dressings
         1.2. Hydrocolloid Dressings
         1.3. Film Dressings
         1.4. Alginate Dressings
         1.5. Hydrogel Dressings
         1.6. Collagen Dressings
         1.7. Hydrofiber Dressings
         1.8. Wound Contact Layers
         1.9. Superabsorbent Dressings
         1.10. Other Advanced Dressings
        2. Devices and Accessories
         2.1. NPWT Devices and Accessories
         2.2. Debridement Devices and Accessories
         2.3. Wound Assessment and Monitoring Devices
         2.4. Other Devices and Accessories
        3. Grafts and Matrices
        4. Topical Agents

  • 8.   Advanced Wound Care Market, By Wound Type Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Surgical and Traumatic Wounds
        2. Diabetic Foot Ulcers
        3. Pressure Ulcers
        4. Venous Leg Ulcers
        5. Burns and Other Wounds

  • 9.   Advanced Wound Care Market, By End User Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Hospitals, ASCs and Wound Care Centers
        2. Homecare Settings
        3. Other End Users

  • 10.   North America Advanced Wound Care Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. U.S.A
         2.2. Canada
         2.3. Mexico
        3. Market Size (USD Million) Forecast for North America 2023-2031

  • 11.   Latin America Advanced Wound Care Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Brazil
         2.2. Venezuela
         2.3. Argentina
         2.4. Rest of Latin America
        3. Market Size (USD Million) Forecast for Latin America 2023-2031

  • 12.   Europe Advanced Wound Care Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Germany
         2.2. U.K
         2.3. France
         2.4. Italy
         2.5. Spain
         2.6. Russia
         2.7. Poland
         2.8. Rest of Europe
        3. Market Size (USD Million) Forecast for Europe 2023-2031

  • 13.   Asia Pacific Advanced Wound Care Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Japan
         2.2. China
         2.3. India
         2.4. Australia and New Zealand
         2.5. ASEAN
         2.6. Rest of Asia Pacific
        3. Market Size (USD Million) Forecast for Asia Pacific 2023-2031

  • 14.   Middle East and Africa Advanced Wound Care Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. GCC
         2.2. Israel
         2.3. South Africa
         2.4. Rest of MEA
        3. Market Size (USD Million) Forecast for MEA 2023-2031

  • 15.   Market Share Analysis and Competitive Landscape
    •   1. Global Landscape - Key Players, Revenue and Presence
        2. Global Share Analysis - Key Players (Tier 1, Tier 2, Tier 3)
        3. Global Emerging Companies
        4. North America - Market Share Analysis and Key Regional Players
        5. Europe - Market Share Analysis and Key Regional Players
        6. Asia Pacific - Market Share Analysis and Key Regional Players
        7. Global Key Player - Growth Matrix
  • 16.   Company Profiles (Competition Dashboard, Competitors Deep Dive, Products Offered and Financial Layouts)
    •   1. Smith & Nephew Plc.
         1.1. Company Overview
         1.2. Product Portfolio
         1.3. SWOT Analysis
         1.4. Financial Overview
         1.5. Strategic Overview
        2. Mölnlycke Health Care AB
         2.1. Company Overview
         2.2. Product Portfolio
         2.3. SWOT Analysis
         2.4. Financial Overview
         2.5. Strategic Overview
        3. B. Braun Melsungen Ag
         3.1. Company Overview
         3.2. Product Portfolio
         3.3. SWOT Analysis
         3.4. Financial Overview
         3.5. Strategic Overview
        4. ConvaTec Group
         4.1. Company Overview
         4.2. Product Portfolio
         4.3. SWOT Analysis
         4.4. Financial Overview
         4.5. Strategic Overview
        5. Coloplast A/S
         5.1. Company Overview
         5.2. Product Portfolio
         5.3. SWOT Analysis
         5.4. Financial Overview
         5.5. Strategic Overview
        6. Integra LifeSciences Holdings Corporation
         6.1. Company Overview
         6.2. Product Portfolio
         6.3. SWOT Analysis
         6.4. Financial Overview
         6.5. Strategic Overview
        7. 3M Group
         7.1. Company Overview
         7.2. Product Portfolio
         7.3. SWOT Analysis
         7.4. Financial Overview
         7.5. Strategic Overview
        8. Cardinal Health Inc.
         8.1. Company Overview
         8.2. Product Portfolio
         8.3. SWOT Analysis
         8.4. Financial Overview
         8.5. Strategic Overview
        9. Paul Hartmann
         9.1. Company Overview
         9.2. Product Portfolio
         9.3. SWOT Analysis
         9.4. Financial Overview
         9.5. Strategic Overview
        10. Medline Industries
         10.1. Company Overview
         10.2. Product Portfolio
         10.3. SWOT Analysis
         10.4. Financial Overview
         10.5. Strategic Overview
        11. Lohmann & Rauscher
         11.1. Company Overview
         11.2. Product Portfolio
         11.3. SWOT Analysis
         11.4. Financial Overview
         11.5. Strategic Overview
        12. Advancis Medical LLC
         12.1. Company Overview
         12.2. Product Portfolio
         12.3. SWOT Analysis
         12.4. Financial Overview
         12.5. Strategic Overview
        13. Organogenesis
         13.1. Company Overview
         13.2. Product Portfolio
         13.3. SWOT Analysis
         13.4. Financial Overview
         13.5. Strategic Overview
        14. MiMedx Group
         14.1. Company Overview
         14.2. Product Portfolio
         14.3. SWOT Analysis
         14.4. Financial Overview
         14.5. Strategic Overview
        15. DeRoyal Industries Inc.
         15.1. Company Overview
         15.2. Product Portfolio
         15.3. SWOT Analysis
         15.4. Financial Overview
         15.5. Strategic Overview
        16. Winner Medical Co. Ltd.
         16.1. Company Overview
         16.2. Product Portfolio
         16.3. SWOT Analysis
         16.4. Financial Overview
         16.5. Strategic Overview
        17. Kerecis
         17.1. Company Overview
         17.2. Product Portfolio
         17.3. SWOT Analysis
         17.4. Financial Overview
         17.5. Strategic Overview
        18. Hollister Inc.
         18.1. Company Overview
         18.2. Product Portfolio
         18.3. SWOT Analysis
         18.4. Financial Overview
         18.5. Strategic Overview
        19. Shield Line
         19.1. Company Overview
         19.2. Product Portfolio
         19.3. SWOT Analysis
         19.4. Financial Overview
         19.5. Strategic Overview
        20. Welcare Industries SPA
         20.1. Company Overview
         20.2. Product Portfolio
         20.3. SWOT Analysis
         20.4. Financial Overview
         20.5. Strategic Overview

  • 17.   Pre and Post COVID-19 Impact
    •   1. Positive influence on the healthcare industry
        2. The financial disruption of the manufacturing sector
        3. Impact of COVID-19 on emerging companies
        4. Significant mandates in the healthcare regulations initiated by
                  administrations
        5. The overall economic slowdown of the developing and developed nations

  • 18.   FutureWise SME Key Takeaway Points for Client

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