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Advanced Wound Care Market Is Expected To Reach US$ 13.1 Bn By 2025

Advanced Wound Care Market was valued at US$ 7,532.1 Mn in 2016, and is expected to reach US$ 13,455.1 Mn by 2025, expanding at a CAGR of 6.4% from 2017 to 2025.

United States, 12 January 2019 -- Advanced Wound Care Market was valued at US$ 7,532.1 Mn in 2016, and is expected to reach US$ 13,455.1 Mn by 2025, expanding at a CAGR of 6.4% from 2017 to 2025.

According to the latest market report published by Credence Research, Inc. “Advanced Wound Care Market - Growth, Future Prospects, and Competitive Analysis, 2017 - 2025,” the global advanced wound care market was valued at US$ 7,532.1 Mn in 2016, and is expected to reach US$ 13,455.1 Mn by 2025, expanding at a CAGR of 6.4% from 2017 to 2025.

Browse the full report Advanced Wound Care Market - Growth, Future Prospects and Competitive Analysis, and Forecast, 2017 – 2025 at https://www.credenceresearch.com/report/advanced-wound-care-market

Market Insights

Advanced wound care products available in market, includes hydrocolloid, hydrofibre, film, hydrogel, collagen, etc. which are designed to treat the complex wounds. Advanced wound care products are used for treatment of both chronic and acute wound. Due to life style changes, there is being rise in chronic diseases like diabetes, and vascular diseases giving rise to chronic wounds such as diabetic foot ulcers, arterial ulcers, and pressure ulcers which is the major driving factor for the advanced wound care management. Acute wound due to surgery or traumatic accidents is also on the rise, which requires to address with novel products and technology coming up in the market. Development of novel products, enhanced technology and surge in geriatric population is anticipated to accelerate the growth of advanced wound care market.

The advanced wound care market is segmented by wound type consisting of burns, pressure ulcers, diabetic foot ulcer, arterial ulcer, surgical and traumatic wounds. Diabetic foot ulcer occupies the largest market in advanced wound care market. Surgery and traumatic wound is anticipated to be the fast growing market during the forecast period 2017-2025.

Download Free PDF Sample Request: https://www.credenceresearch.com/sample-request/58484

The advanced wound care market is segmented by product type consisting of advanced wound dressings and active wound care. Advanced wound dressing further sub-segmented into foam dressing, hydrocolloid dressings, hydrofiber dressings, film dressings, alginate dressings, hydrogel dressings, collagens dressing, semi-permeable films. Active wound care further sub segmented into artificial skin and skin substitutes and growth factors. In advanced wound dressing, foam dressing occupies the largest share followed by hydrocolloids.

As of the current market scenario, North America dominates the advanced wound care market, with US occupying the maximum share regional market. Surge in prevalence of chronic diseases such as diabetes, vascular disease, development of novel products and technological advancement in wound care are driving the growth of the market. Asia Pacific is anticipated to be the fastest growing market for the advanced wound care management, due to rise in population especially suffering from chronic diseases, increase health awareness and rise in disposable income and investment.

Market Competition Assessment:

Key players in the advanced wound care market are Acelity L.P. Inc, 3M, B. Braun Melsungen AG, BSN medical GmbH, Coloplast A/S, ConvaTec Inc., Integra Lifesciences Corporation, Medline Industries, Inc., Medtronic, Molnlycke Health Care, MPM Medical Inc. (Rbc Life Sciences, Inc.), Organogenesis, Inc., Smith & Nephew plc., and others

Key Market Movements:

- Surge in lifestyle diseases such as diabetes, vascular diseases has led to increase in chronic wounds such as diabetic foot ulcer, pressure ulcer, and arterial ulcer, which is one of the key drivers of the advanced wound care market

- Advancement in technology in terms new devices and upcoming novel product to treat the complex wound to enhance the therapeutic outcomes

- Rise in geriatric population, favorable reimbursement policy, increase in health care expenditure are some of the factors driving the demand of advanced wound care market

Download Free PDF Request For Customization: https://www.credenceresearch.com/request-for-customization/58484

By Wound Type

Diabetic foot ulcers
Pressure ulcers
Venous leg ulcer
Arterial Ulcer
Burns
Surgical and Traumatic Wounds
Others
By Product Type

Advanced Wound Dressings
Foam dressings
Hydrocolloid dressings
Hydrofiber dressings
Film dressings
Alginate dressings
Hydrogel dressings
Collagens dressing
Semi-Permeable Films
Active Wound Care
Artificial skin and skin substitutes
Growth Factors
By Geography Segment

North America
Europe
Asia Pacific (APAC)
Latin America
Middle East & Africa (MEA)
Here you can get an updated sample on this report: https://www.credenceresearch.com/sample-request/58484

About Us

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Media Contact

Name: Chris Smith

Address: 105 N 1st ST #429,

SAN JOSE, CA 95103 US

E-mail:

Ph.: 1-800-361-8290

Website: http://www.credenceresearch.com

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Submitted by Ganesh Kumar, Acute Market Reports on Saturday, 12 January 2019 at 3:46 PM
Category: Business
 
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