Dublin, March 20, 2023 (GLOBE NEWSWIRE) -- The "Advanced Wound Care Products: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Advanced Wound Care Products estimated at US$9.8 Billion in the year 2022, is projected to reach a revised size of US$16.2 Billion by 2030, growing at a CAGR of 6.4% over the analysis period 2022-2030.
Moist Wound Dressings, one of the segments analyzed in the report, is projected to record a 5.9% CAGR and reach US$6.3 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Therapy Devices segment is readjusted to a revised 6.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $3.8 Billion, While China is Forecast to Grow at 10% CAGR
The Advanced Wound Care Products market in the U.S. is estimated at US$3.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.8 Billion by the year 2030 trailing a CAGR of 10% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 6.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.3% CAGR.
Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.4 Billion by the year 2030.
Select Competitors (Total 116 Featured) -
- 3M Company
- Cardinal Health, Inc.
- Coloplast A/S
- ConvaTec, Inc.
- Hollister Incorporated
- Medline Industries, LP
- Molnlycke Health Care AB
- Organogenesis, Inc.
- Integra LifeSciences Corporation
- Paul Hartmann AG
- Smith & Nephew Plc
- Urgo Medical
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 583 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $9.8 Billion |
| Forecasted Market Value (USD) by 2030 | $16.2 Billion |
| Compound Annual Growth Rate | 6.5% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Impact of Covid-19 and a Looming Global Recession
- COVID-19-Led Wound Management Crisis Create Need for Effective Interventions
- Deferred Wound Care Creates Pressing Need for Advanced Products
- Advanced Wound Care Products - Global Key Competitors Percentage Market Share in 2022 (E)
- Advanced Wound Care Products - Global Key Competitors Percentage Market Share in 2022 (E)
- Product Landscape of Select Players in the Global Advanced Wound Care Market (2022)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Advanced Wound Care: An Expanding Treatment Paradigm for Acute And Chronic Wounds
- Major Categories
- Moist Dressings
- Antimicrobial Dressings
- Therapy Devices
- Active Therapies
- Market Outlook
- Rising Healthcare Burden of Chronic Wounds Drive Growth Prospects
- Prevalence and Incidence of Wounds - Select Statistics
- Global Prevalence of Wounds (2019)
- Global Wound Care Market: Percentage Breakdown of Spending by Wound Type
- Healing Time by Type of Wound (in Days)
- Chronic Wounds: Select Statistics
- Recent Market Activity
- World Brands
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Increasing Incidence of Hard to Heal Wounds Benefits Demand for Advanced Wound Care Products
- Stalled Wounds: A Growing Area of Concern
- Stalled Chronic Wounds by Country (in '000s)
- Advanced Wound Care Score Over Traditional Wound care in terms of Cost and Healing Time
- % of Treatment Cost by Type of Resource for Traditional and Advanced Wound Care
- Breakdown of Costs Associated with Wound Care
- Economic Cost of Wound Care: Traditional Gauze Dressing Vs. Foam Dressing
- Rise in Prevalence of Pressure Ulcers Throws Spotlight on Advanced Wound care Solutions
- Pressure Ulcer Occurrence Rate Based on the Length of Surgery
- Wound Care Diagnostics: A Widening Area of Interest
- Innovations and Technological Advancements Remain Buoyant in the AWC Market
- Adjunctive Wound Care Treatments Deal with Hypoxia to Expedite Wound Healing
- Wound Care Dressing for Faster Granulation
- Innovative Solutions for Hard-to-Heal Wounds
- Multilayered Non-Woven Dressing with High Tensile Strength
- Absorbent, Self-Adherent Wound Dressings
- Multilayer Silicon Foam Wound Dressings
- Smart Dressings: The Future of Wound Care
- New Wound Dressings to Drive Further Growth
- Rising Incidence of Diabetes and DFUs to Propel Market Growth and Need for Advanced Solutions
- World Diabetes and Population Statistics (2019, 2030 & 2045)
- Global Diabetes Mellitus Population Breakdown by Geographic Region: 2019, 2030 and 2045
- World Diabetes Prevalence (2000 - 2040P)
- COVID-19 Crisis & Restrictions Upend Care for Diabetic Foot Disease Patients
- Growing Focus on Reducing Hospital Stays Lends Traction
- Antimicrobial Dressings Find Application for Healing Wounds with High Bacterial Load
- Advanced Wound Care Solutions to Combat Multidrug-Resistance Bacterial & Promote Healing
- Negative Pressure Wound Therapy: A Growing Area of Wound Management
- Application of Single-use NPWT Devices Drives Adoption in Homecare Settings
- Tissue Engineering: A Growing Area of Interest in Wound Care
- Bioengineered Skin Substitutes
- Collagen Dressings in Advanced Wound Care
- Wound Management and Efficacy of Cellular Growth Factors
- Growth Factors for Wound Management - A Snapshot
- Prolonging of Healing Period of Wounds Due to Hospital Acquired Infections Further Propel Demand
- Growing Acceptance of Moist Wound Environment Spurs Demand for Moist Wound Dressings
- Advanced Wound Care for Effective Burn Wound Management
- Uptrend in Surgical Care Augurs Well for Market Growth
- Global Surgical Procedure Volume by Procedure Type
- MACRO GROWTH DRIVERS
- Impact of Healthcare Expenditure on Market Growth
- World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023
- Expanding Aging Population Spurs Demand
- Global Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
- Elderly Healthcare Expenditure as a % of GDP for 1970, 2010 and 2050
- Growing Obesity Levels and Risks of Pressure Ulcers to Support Demand
- Global Obesity Epidemic: Percentage of Overweight, Obese, and Severely Obese Adults for 2014 & 2025
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/8tu9a8
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
