Portland, OR -- (SBWire) -- 06/13/2017 --Wound care is a treatment and diagnosis of skin abrasions, infections, cracks, lacerations, and others. The major functions of wound care are removal of nonviable tissues, provide damp environment, and prevent further damage. It also helps in regulating blood flow & oxygen and careful positioning of body part to avoid excessive pressure. The prevention of skin from infection, extremes of temperature, and radiation is possible through wound care.

Rising aging population, awareness about new technologies, and increasing incidences of diabetes would propel growth of the world wound care market. However, high cost of technologically advanced products hinders the growth of the market. Growth in active wound care market and technological innovation create opportunities for growth.

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GThe prominent companies operating in the market are 3M Company, Baxter International Inc., Coloplast A/S, Kinetic Concepts Inc., Convatec Healthcare B.S.A.R.L., Covidien PLC, Derma Sciences Inc., Hollister Inc., Ethicon Inc., and Smith & Nephew. They have adopted various strategies, such as new product launches, mergers, expansions, partnerships, agreements, joint ventures, and others to sustain and strengthen their position in the market.

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KEY MARKET SEGMENTS:

By Type

- Traditional
- Wound Closure
- Anti-Infective

- Basic
- Films
- Cleansing

- Advanced
- Hydrogels
- Hydrocolloids
- Alginate
- Collagen

- Active
- Artificial Skin
- Skin Substitutes

- Therapy
- Pressure Relief Devices
- NPWT

By Geography
- North America
- Asia
- Europe
- Latin America, Middle East and Africa (LAMEA)

KEY MARKET PLAYERS:

- 3M Company
- Baxter International Inc.
- Coloplast A/S
- Kinetic Concepts Inc.
- Convatec Healthcare B.S.A.R.L.
- Covidien PLC
- Derma Sciences Inc.
- Hollister Inc.
- Ethicon Inc.
- Smith & Nephew.