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World Wound Care Market - Opportunities and Forecasts, 2017 - 2023

  • ID: 3772962
  • Report
  • September 2019
  • Region: Global
  • Allied Analytics LLP
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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.

The world wound care market is segmented based on type and geography. The types covered in the report include traditional, basic, advanced, active and therapy. The traditional wound care techniques include wound closure and anti-infective. Basic techniques include films and cleansing, while advanced techniques include hydrogels, hydrocolloids, alginate, and collagen. Active techniques covered in the report include artificial skin and skin substitutes. The therapy segment is classified into pressure relief devices and NPWT. Geographically, the market is divided into North America, Europe, Asia, and Latin America, Middle East and Africa (LAMEA).

The 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.

KEY BENEFITS FOR STAKEHOLDERS:

The report offers a detailed analysis of key driving and restraining factors of the world wound care market.
This report offers an in-depth quantitative analysis of the current market and estimations through 2015 and 2020, which assists in identifying the prevailing market opportunities.
An exhaustive analysis of key strategies adopted by leading manufacturers helps in understanding competitive scenario.
The report provides an extensive analysis of current and future market status of the world wound care market.
Comprehensive analysis has been done in this report by constructing market estimations for the key market segments between 2015 and 2020.
An extensive analysis of current research and clinical developments withinthe world wound care market is provided with key market dynamic factors that help in understanding the behavior of the market.
The world wound care market is segmented into North America, Asia, Europe, and Latin America, Middle East and Africa (LAMEA).

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.

Note: Product cover images may vary from those shown
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The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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