Advanced wound care products are used to treat acute and chronic wounds and encourages an effective wound healing process.
The global advanced wound care market report has been segmented on the basis of product type, wound type, end user, and region. Increasing prevalence of diabetes coupled with chronic wounds and rapidly growing ageing population is expected to create demand for advance wound care products. Continuous innovations and growing awareness regarding the benefits associated with advance wound care products is expected to boost the market growth over the forecast period.
Based on product type, the market is segmented based on moist wound dressings, wound therapy devices and active wound care. The moist wound dressing contributes major market share over the forecast period.
Based on wound type, the market is segmented based on surgical wounds, ulcers, burns, and traumatic wounds. The surgical wounds segment contributes major market share and is expected to maintain its dominance over the forecast period owing to the increasing number of cases of pressure and diabetic foot ulcers. In addition, increasing prevalence of post-operative surgical wounds is expected to drive the market over the forecast period.
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Based on region, the global advanced wound care market is segmented into North America, Europe, Latin America, Asia Pacific and Middle East and Africa. North America contributes major market share and expected to maintain its dominance over the forecast period. Asia Pacific is expected to witness rapid growth rate over the forecast period. This is attributed to raising patient awareness, and increasing disposable income of the people in the region. In addition, increase in the demand of advanced wound care products in China and India is excepted to fuel the market growth over the forecast period.
Some prominent players in the global advanced wound care market are Johnson and Johnson, Baxter International Inc., 3 M Company, Acelity L.P. Inc., Coloplast, Integra Life Sciences, Kinetic Concepts, Inc., Medtronic Plc., Leap Therapeutics, Inc., Hematris Wound Care, and MiMedx Group, Inc.