Advanced Wound Care Market Forecast 2028: Industry Analysis, Devices, Applications, Demand, Companies and Competitive Landscape by DelveInsight

Advanced Wound Care Market Forecast 2028: Industry Analysis, Devices, Applications, Demand, Companies and Competitive Landscape by DelveInsight

May 23
07:15 2023
Advanced Wound Care Market Forecast 2028: Industry Analysis, Devices, Applications, Demand, Companies and Competitive Landscape by DelveInsight
Advanced Wound Care Market

(New York, USA) DelveInsight’s ‘Advanced Wound Care Market Insights, Competitive Landscape and Market Forecast-2028’ report delivers an in-depth understanding of Advanced Wound Care and the historical and forecasted Advanced Wound Care market trends in the US, EU5 (Germany, Spain, Italy, France and United Kingdom) and Japan.

 

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Some facts of the Advanced Wound Care Market Report are:

  • Global Advanced Wound Care Market was valued at USD 10.44 billion in 2022, growing at a CAGR of 10.82% during the forecast period from 2023 to 2028, to reach USD 19.29 billion by 2028.
  • Leading Advanced Wound Care companies working in the market are Smith & Nephew Plc., Mölnlycke Health Care AB, ConvaTec Group, 3M Group, Accel-Heal, Zimmer Biomet, B. Braun Melsungen Ag, Cardinal Health Inc., DermaRite Industries LLC, Lohmann & Rauscher, Hollister Incorporated, Welcare Industries SPA, Mil Laboratories, among others.
  • The growth of Advanced Wound Care market is driven by the high prevalence of chronic conditions like diabetes and ulcers, which are a major reason for increase in chronic wounds such as diabetes foot ulcers, surgical wounds and infections.
  • An escalating geriatric population and a preferred demand for faster recovery via minimally-invasive forms of treatments are some of the other market drivers associated with AWC products.

 

Advanced Wound Care Overview:

Advanced Wound Care products are an alternative to the traditional wound care products, majorly designed for people suffering from wounds that are caused due to diabetes or ulcers. AWC products form a major ratio for treatment of complicated external wounds in hospitals and clinics. As more and more traditional wound care products are fading out, the manufacturers are trying to develop advanced forms of wound care products with greater efficiency and fast healing properties.

 

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Some of the Advanced Wound Care Companies are:

  • Smith & Nephew plc.
  • Acelity L.P. Inc.
  • Mölnlycke Health Care AB
  • Convatecgroup
  • Coloplast
  • Paul Hartmann AG
  • Medtronic plc
  • 3M Company
  • Integra LifeSciences Holding Corporation
  • Lohmann & Rauscher International GmbH & Co. KG
  • And Many More

 

Advanced Wound Care Market Dynamics:

Chronic wounds are wounds that do not heal properly within a specific timeframe, resulting in a lack of anatomical and functional integrity. They are categorized into pressure ulcers, diabetic ulcers, venous ulcers, and arterial insufficiency ulcers. The prevalence rate of chronic non-healing wounds in developed countries is estimated to be 1% to 2% of the general population, similar to heart failure. These wounds have a significant impact on patients’ health and quality of life, causing pain, loss of function, depression, social isolation, financial burden, and even death.

To address the treatment of chronic wounds effectively, advanced wound care products are necessary, leading to the growth of the global advanced wound care market. Manufacturers in the market are focusing on developing technologically advanced wound care devices. For example, Smith & Nephew introduced the PICO 14 single-use negative pressure wound therapy system in March 2020. This system has a longer pump duration and requires less user intervention, enhancing patient management and contributing to market growth.

However, there are some minor hurdles for the market’s growth. Factors such as faulty readings in advanced wound care devices and the lack of best practice guidelines for remote advanced wound care can pose challenges for the market.

 

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Highlights of the Advanced Wound Care Market Report:

  • The report covers the descriptive overview of Advanced Wound Care, explaining the reasons for replacement, procedure, advantages, and limitations, etc.
  • Additionally, an all-inclusive account of the currently available Advanced Wound Care is provided, which will have an impact on the future market of Advanced Wound Care.
  • A detailed review of Advanced Wound Care market; historical and forecasted market size is included in the report, covering devices outreach in the 7MM.
  • The report provides an edge while developing business strategies, by understanding trends shaping and driving the Advanced Wound Care market.

 

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Scope of the Advanced Wound Care Market Report

  • Study Period: 2020-2028
  • Advanced Wound Care Market Size: USD 10.44 billion in 2022
  • CAGR: 10.82%
  • Advanced Wound Care Market Segmentation By Product Type
    • Dressings [Foam Dressings, Hydrocolloid Dressings, Collagen Dressings, Silver Dressings, Film Dressings, and Others]
    • Therapy Devices [Negative Pressure Wound Therapy Devices, Hyperbaric Oxygen Therapy Devices, Debridement Devices, and Others]
    • Grafts & Matrices]
  • Advanced Wound Care Market By Wound Type – Surgical & Traumatic Wounds, Diabetic Foot Ulcers, Burns, Others
  • Advanced Wound Care Market By End-User – Hospitals, Specialty Clinics, And Others
  • Advanced Wound Care Market By Geography – Global

 

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Table of Contents:

1. Key Insights

2. Executive Summary of Advanced Wound Care

3. Advanced Wound Care: Background and Overview

4. Advanced Wound Care: Regulatory Scenario

5. Advanced Wound Care: Reimbursement Scenario

6. Advanced Wound Care Company Profiles

Products detail in the report…

7. Advanced Wound Care: Competitive Analysis

8. Advanced Wound Care KOL Views

9. Advanced Wound Care: Market Analysis in 7MM

10. Country-Wise Market size of Advanced Wound Care in 7MM (2020–2028)

11. Advanced Wound Care Market Dynamic

12. Advanced Wound Care PEST Analysis

13. Conclusion and Future Perspective

14. Appendix

15. DelveInsight Capabilities

16. Disclaimer

17. About DelveInsight

 

About Delveinsight: 

DelveInsight Business Research is a leading Market Research, and Business Consultant focused purely on Healthcare. It helps pharma companies by providing them with end-to-end services to solve their business problems.

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