Advanced Wound Care Market By Product type (Moist Wound Dressings (Foam Dressing, Hydrocolloid Dressing, Film Dressing, Alginate Dressings, Hydrogel Dressings, and Collagen Dressing), Wound Therapy Devices, (Pressure relief devices, negative pressure wound therapy systems, hyperbaric oxygen equipment, and electrical stimulation devices) and Active Wound Care (Artificial skin and substitutes and topical agents), By Wound Type (Ulcers (Pressure ulcers, diabetic foot ulcers, and venous ulcers), Surgical Wounds, Burns, Traumatic Wounds, and Other Wounds), By End-User (Hospitals and Clinics, Home Care Settings, and Other End Users) and By Region (North America, Latin America, Europe, Middle East, Asia Pacific, and Africa) - Trends, Analysis and Forecast till 2030

Report Code: PMI1318 | Publish Date: April 2023 | No. of Pages: 135

Global Advanced Wound Care Market Overview

Introduction:

A dressing is a sterile pad or compress applied to a wound to promote healing and protect the wound from further harm. A dressing is designed to be in direct contact with the wound, as distinguished from a bandage, which is most often used to hold a dressing in place. Many modern dressings are self-adhesive. Advanced wound care products are currently used by various healthcare physicians, owing to its excellent end-use applications. Advanced wound care products offers unique therapeutic properties for encouraging effective wound healing process. North America dominates the global advanced wound care market and is expected to maintain its dominancy over the forecast period owing to growing incidence of diabetes and associated chronic wounds in the region. The market in Asia Pacific is expected to show significant growth rates in global advanced wound care market. This can be attributed to rapid growth in the geriatric population coupled with the increasing government support in the region. The Advanced Wound Care Market accounted for US$ 10.5 billion in 2020 and is estimated to be US$ 24.5 billion by 2030 and is anticipated to register a CAGR of 8.9%.

Global Advanced Wound Care Market Dynamics

                                                                       

Increasing innovation in advanced wound care products

Moreover, increasing innovation in advanced wound care products across the globe is a major factor driving growth of the global advanced wound care market. Additionally, increasing awareness programs for advanced wound care treatment and management is another factor expected to propel growth of the target market over the forecast period.

Advanced wound care products offer excellent benefits such as reduce cost of treatment, and treating complex & chronic wounds easily are expected to spur growth of the target market in the near future. However, high cost associated with these products is expected to hamper growth of the global advanced wound care market over the forecast period.

High cost associated with advanced wound care products

However, high cost associated with advanced wound care products is a major factor expected to hamper growth of the global advanced wound care market over the forecast period.

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Global Advanced Wound Care Market Segmentation

                                             

The global advanced wound care market has been segmented on the basis of product, wound type, end-user, and region.

The product segment includes moist wound dressings which is sub-segmented into foam dressing, hydrocolloid dressing, film dressing, alginate dressings, hydrogel dressings, and collagen dressing), wound therapy devices, which is sub-segmented into pressure relief devices, negative pressure wound therapy systems, hyperbaric oxygen equipment, and electrical stimulation devices and active wound care which is sub-segmented into artificial skin and substitutes and topical agents.

On the basis of wound type the global advanced wound care market has been segmented as ulcers which is sub-segmented into pressure ulcers, diabetic foot ulcers, and venous ulcers, further the wound type is classified into the burns, surgical wounds, traumatic wounds, and other wounds.

The end-user segment includes hospitals and clinics, home care settings, and other end users. Hospitals and clinics segment dominates the global advanced wound care market in terms of revenue and is expected to continue its dominance over the forecast period, owing to rising incidence of hospital-acquired pressure ulcers.

Regional Insights:

                                       

For detailed understanding of market dynamics, On the basis of region the target market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to account major market share as compared to that of other regions. This can be attributed to the high rate of adoption of the advanced technologies in the market studied. Presence of key players such as Qualcomm, in the target market is also major factor for the growth of this region.

                                          

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Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2030

Market representation

Revenue in USD Million & CAGR from 2020 – 2030

Market Segmentation

By Product Type: Moist Wound Dressings (Foam Dressing, Hydrocolloid Dressing, Film Dressing, Alginate Dressings, Hydrogel Dressings, and Collagen Dressing), Wound Therapy Devices, (Pressure relief devices, negative pressure wound therapy systems, hyperbaric oxygen equipment, and electrical stimulation devices) and Active Wound Care (Artificial skin and substitutes and topical agents)

By Wound-Type: Ulcers (Pressure ulcers, diabetic foot ulcers, and venous ulcers), Surgical Wounds, Burns, Traumatic Wounds, and Other Wounds

By End-User: Hospitals and Clinics, Home Care Settings, and Other End Users

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Detailed Segmentation:

 Global Advanced Wound Care Market, By Region:

      • North America
        • North America Biosensors Market, By Product Type
        • North America Biosensors Market, By Wound Type
        • North America Biosensors Market, By End Use
        • North America Biosensors Market, By Country
          • U.S.
          • Canada
      • Europe
        • Europe Biosensors Market, By Product Type
        • Europe Biosensors Market, By Wound Type
        • Europe Biosensors Market, By End Use
        • Europe Biosensors Market, By Country
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
        • Asia Pacific Biosensors Market, By Product Type
        • Asia Pacific Biosensors Market, By Wound Type
        • Asia Pacific Biosensors Market, By End Use
        • Asia Pacific Biosensors Market, By Country
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific                                                                                                                                                               
      • Latin America
        • Latin America Biosensors Market, By Product Type
        • Latin America Biosensors Market, By Wound Type
        • Latin America Biosensors Market, By End Use
        • Latin America Biosensors Market, By Country
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
        • Middle East & Africa Biosensors Market, By Product Type
        • Middle East & Africa Biosensors Market, By Wound Type
        • Middle East & Africa Biosensors Market, By End Use
        • Middle East & Africa Biosensors Market, By Country
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Advanced Wound Care Market Key Players

                                                                                  

The Key players operating in the global advanced wound care market includes Smith and Nephew, Mölnlycke Health Care, B. Braun, ConvaTec Group, Coloplast, Integra LifeSciences, 3M Company, Cardinal Health, Acelity L.P., Medtronic. Advancements in the product as well as in manufacturing process, product launches, and strategic partnerships are some trends witnessed in the global advanced wound care market. For instance, In March 2020, Smith and Nephew Plc. (UK) launched PICO 14 Single- use NPWT device and dressings in US. In February 2020, Smith and Nephew Plc. (UK) opened a new high-technology manufacturing facility in Batu Kawan Industrial Park in Penang, Malaysia.

Global Advanced Wound Care Market Company Profile

      • Smith and Nephew
          • Company Overview
          • Technology Type Portfolio
          • Key Highlights
          • Financial Performance
      • Mölnlycke Health Care
          • Company Overview
          • Technology Type Portfolio
          • Key Highlights
          • Financial Performance
      • B. Braun
          • Company Overview
          • Technology Type Portfolio
          • Key Highlights
          • Financial Performance
      • ConvaTec Group
          • Company Overview
          • Technology Type Portfolio
          • Key Highlights
          • Financial Performance
      • Coloplast
          • Company Overview
          • Technology Type Portfolio
          • Key Highlights
          • Financial Performance
      • Integra LifeSciences
          • Company Overview
          • Technology Type Portfolio
          • Key Highlights
          • Financial Performance
      • 3M Company
          • Company Overview
          • Technology Type Portfolio
          • Key Highlights
          • Financial Performance
      • Cardinal Health
          • Company Overview
          • Technology Type Portfolio
          • Key Highlights
          • Financial Performance
      • Acelity L.P.
          • Company Overview
          • Technology Type Portfolio
          • Key Highlights
          • Financial Performance
      • Medtronic
          • Company Overview
          • Technology Type Portfolio
          • Key Highlights
          • Financial Performance

Global Advanced Wound Care Market Table of Contents

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Preview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Wound Type
      • Market Snippet, By End-user
      • Market Snippet, By Region
    • Opportunity Map Analysis
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Market Trends
    • Merger and Acquisitions
    • Impact Analysis
    • PEST Analysis
    • Porter’s Analysis
  4. Global Advanced Wound Care Market, By Product Type, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Moist wound dressings
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
        • Foam Dressing
          • Overview
          • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
        • Hydrocolloid Dressing
          • Overview
          • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
        • Film Dressing
          • Overview
          • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
        • Alginate Dressings
          • Overview
          • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
        • Hydrogel Dressings
          • Overview
          • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
        • Collagen Dressing
          • Overview
          • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Wound Therapy Devices
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
        • Pressure Relief Devices
          • Overview
          • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
        • Negative Pressure Wound Therapy Systems
          • Overview
          • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
        • Hyperbaric Oxygen Equipment
          • Overview
          • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
        • Electrical Stimulation Devices
          • Overview
          • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Active Wound Care
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
        • Artificial Skin and Substitutes
          • Overview
          • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
        • Topical Agents
          • Overview
          • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  2. Global Advanced Wound Care Market, By Wound Type, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Ulcers
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
          • Pressure Ulcers
          • Overview
          • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
        • Diabetic Foot Ulcers
          • Overview
          • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
        • Venous Ulcers
          • Overview
          • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Burns
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Surgical Wounds
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Traumatic Wounds
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Other Wounds
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  3. Global Advanced Wound Care Market, By End-User, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Hospitals and Clinics
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Home Care Settings
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Others End-user
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  4. Global Advanced Wound Care Market, By Region, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Wound Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By End-user, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Wound Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By End-user, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Wound Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By End-user, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Wound Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By End-user, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Wound Type 2019 – 2029
      • Market Size and Forecast (US$ Mn), By End-user, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  5. Competitive Landscape
    • Heat Map Analysis
    • Company Profiles
      • Smith and Nephew Plc
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Mölnlycke Health Care AB
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • B. Braun Medical, Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • ConvaTec Group, Plc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Coloplast A/S.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Osiris Therapeutics, Inc
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Integra LifeSciences Corporation
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • 3M Company
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Cardinal Health Inc
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Acelity L.P Inc
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
    • Analyst Views
  6. Section
    • Research Methodology
    • About Us
    • Contact

FAQs

The global advanced wound care market has been segmented on the basis of product, wound type, end-user, and region.

Increasing innovation in advanced wound care products across the globe is a major factor driving growth of the global advanced wound care market.

North America is expected to account major market share as compared to that of other regions.

The Key players operating in the global advanced wound care market includes Smith and Nephew, Mölnlycke Health Care, B. Braun, ConvaTec Group, Coloplast, Integra LifeSciences, 3M Company, Cardinal Health, Acelity L.P., Medtronic.