Selbyville, DE -- (SBWIRE) -- 05/09/2019 -- Wound therapy devices segment is expected to witness 6.2% growth during the forecast timeframe. Negative pressure wound therapy systems currently represents largest opportunity and the scenario is likely to remain so in near future. Wide range of advantages associated with wound therapy devices such as rapid recovery time will drive the segment growth. However, prohibitive cost and low awareness to these devices in developing regions restricts the segment growth to some extent.

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Advanced Wound Care Market will exceed USD 13.5 billion by 2025; as per a new research report. Rising incidences chronic diseases and consequent rise in number of patients with acute and chronic wounds will escalate the market growth over forecast timeframe. Favorable demographic trends including increasing geriatric population and lifestyle changes such as adoption of sedentary lifestyle will further support rise in prevalence of chronic diseases. This is expected to escalate the prevalence of wounds and associated cost burden thereby augmenting demand for wound care products.

Increasing research and development in advanced wound care industry leading to the development of innovative and better products will drive the industry growth. For instance, Hartmann recently launched Hydroclean Plus wound dressing product that has innovative rinsing-absorption mechanism to promote autolytic removal of damaged tissue, thereby healing the wound. Advent of such products will spur industry demand throughout the analysis period.

Europe advanced wound care market will experience 5.0% growth during the analysis period. Germany, UK, and France represents mature markets in Europe while Spain, Netherland, Belgium, Austria are forecasted to witness high CAGR. Aging demographics in Europe, increasing incidences of chronic and acute wounds as well as high awareness levels pertaining to benefits of advanced wound care technologies will spur the regional growth over foreseeable future.

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Diabetic wounds application segment accounted to 14.4% revenue share in 2018 owing to stupendous rise in incidences of diabetes and other risk factors such as obesity and sedentary lifestyle. Diabetic wounds are most commonly caused by nerve damage and irritated or wounded feet. These wounds are difficult to treat and significantly hampers quality of life. Such wounds are also responsible to significant cost burden due to prolonged hospital stay. As a result, demand for effective wound healing technologies that enables rapid recovery is prevailing in the industry.

Homecare settings end use segment accounted for USD 2.7 billion in 2018. Homecare settings allows patient to receive personalized care in more comfortable manner. As a result, geriatric population often prefers homecare settings over hospitals. Treatment at home care further reduces the chances of hospital acquired infections. Owing to these advantages, homecare settings are poised to witness robust growth throughout the forecast period.

Prominent industry players involved in advanced wound care market are Medtronic, Smith and Nephew, Derma Sciences, 3M, Integra LifeSciences Corporation, Acelity, M?lnlycke, MPM Medical, Organogenesis, Human Biosciences, HARTMANN International, Hollister Incorporated, Beiersdorf global, and Medline Industries. These prominent business players are focusing on strategic alliances, new product launch and collaborations to strengthen their market position. For instance, in December 2017, Smith and Nephew announced launch of an innovative digital wound care program that will strengthen the company?s market presence and broaden its product portfolio for long-term growth in future.

Table of Content:

Chapter 1. Methodology

1.1. Methodology

1.1.1. Methodology

1.1.2. Market definitions

1.1.3. Forecast parameters

1.2. Data Sources

1.2.1. Secondary

1.2.1.1. Paid sources

1.2.1.2. Unpaid sources

1.2.2. Primary

Chapter 2. Executive Summary

2.1. Advanced wound care industry 360 degree synopsis, 2014 - 2025

2.1.1. Business trends

2.1.2. Product trends

2.1.3. Application trends

2.1.4. End-use trends

2.1.5. Regional trends

Chapter 3. Advanced Wound Care Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2014 - 2025

3.3. Industry impact forces

3.3.1. Growth drivers

3.3.1.1. Increasing incidences of chronic diseases

3.3.1.2. Technological advancement in wound care industry in developed region

3.3.1.3. Growing geriatric population base worldwide

3.3.1.4. Increasing number of surgical procedures

3.3.2. Industry pitfalls & challenges

3.3.2.1. Prohibitive cost of advanced wound care treatment

3.4. Regulatory landscape

3.5. Technology landscape

3.6. Growth potential analysis

3.6.1. By product

3.6.2. By application

3.6.3. By end-use

3.7. Porter's analysis

3.8. Competitive landscape, 2017

3.8.1. Company share analysis

3.8.2. Strategic dashboard

3.9. PESTEL analysis

Chapter 4. Advanced Wound Care Market, By Product

4.1. Advanced wound care market share, by product, 2018 & 2025

4.2. Wound dressings

4.2.1. Market size, by region, 2014 - 2025 (USD Million)

4.2.2. Anti-microbial dressings

4.2.2.1. Market size, by region, 2014 - 2025 (USD Million)

4.2.3. Alginate dressings

4.2.3.1. Market size, by region, 2014 - 2025 (USD Million)

4.2.4. Hydrogel dressings

4.2.4.1. Market size, by region, 2014 - 2025 (USD Million)

4.2.5. Foam dressings

4.2.5.1. Market size, by region, 2014 - 2025 (USD Million)

4.2.6. Film dressings

4.2.6.1. Market size, by region, 2014 - 2025 (USD Million)

4.2.7. Hydrocolloidal dressings

4.2.7.1. Market size, by region, 2014 - 2025 (USD Million)

4.2.8. Others

4.2.8.1. Market size, by region, 2014 - 2025 (USD Million)

4.3. Wound therapy devices

4.3.1. Market size, by region, 2014 - 2025 (USD Million)

4.3.2. Negative pressure wound therapy systems

4.3.2.1. Market size, by region, 2014 - 2025 (USD Million)

4.3.3. Pressure relief devices

4.3.3.1. Market size, by region, 2014 - 2025 (USD Million)

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Related Report:

United States Advanced Wound Care Market Report 2018

In this report, the United States Advanced Wound Care market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025.

https://www.marketstudyreport.com/reports/united-states-advanced-wound-care-market-report-2018?utm_source=RR-SP

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