Advanced Wound Care Market by Trend, Share, Size and Streamline Inspection and Forecast to 2030
A new Report by Delvens, titled "Advanced Wound Care Market” offers a comprehensive analysis of the industry, which comprises insights on the Global analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market, the Advanced Wound Care market size was estimated at USD 11.20 billion in 2023 and is projected to reach USD 20.41 billion in 2030 at a CAGR of 7.79% during the Forecast to 2030.
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Advanced Wound Care refers to a specialized approach in the management and treatment of complex or chronic wounds that do not heal through traditional methods. It involves using advanced techniques, therapies, and medical products, to promote optimal wound healing and prevent complications. This type of wound care is typically used for wounds that are difficult to heal such as diabetic ulcers, pressure ulcers, venous ulcers, and surgical wounds.
Regional Analysis
North America to Dominate the Market
North America is estimated to account for the largest market share during the forecast period. This growth can be attributed to the growing adoption of advanced technology and launch of new products in this region.
Moreover, the rising geriatric population and the increasing number of cases with chronic wounds is expected to drive the growth of the market during the forecast period.
Recent Developments
RedDress and OneMed formed a strategic partnership for the commercialization and distribution of the ActiGraft Wound Care System, a personalized and autologous wound care solution created from patients own whole blood, in the Nordics.
Coloplast announced the agreement to acquire Keracis, an Icelandic wound care company. This acquisition would allow Coloplast to acquire its wound care offerings.
The prominent players in the Advanced Wound Care Market:
· 3M Company
· B. Braun Melsungen AG
· Baxter
· Cardinal Health, Inc
· Coloplast A/S
· ConvaTec Group Plc
· DeRoyal Industries, Inc.
· Hollister Incorporated
· Integra Lifesciences
· Johnson & Johnson Private Limited
· Lohmann & Rauscher GmbH & Co. KG
· Medline Industries, Inc.
· Medtronic
· MiMedx Group, Inc.
· Misonix, Inc. and More
Key Findings
· Based on product, the market is segmented into wound dressings, active wound care, therapy devices, and other advanced wound care products. The dressings segment dominated the market in this segment.
· Based on wound type, the market is segmented into chronic wound and acute wound. Chronic would dominated the market in this segment. Prevalence of diabetic foot ulcers is increasing owing to the increasing number of diabetes cases.
· Based on wound class, the market is bifurcated into class I, class II, class III and class IV. Class III dominated the market in this segment due to increasing number of class III cases among the population.
· Based on end user, the market is segmented into hospitals, wound care centres, ambulatory centres, home healthcare, clinics and others. The hospitals dominated the market in this segment.
· Based on distribution channel, the market is bifurcated into direct tenders and retail. The direct tenders dominated the market in this segment.
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In addition to the market data for the Advanced Wound Care Market, Delvens offers client-centric reports customized according to the company’s specific demand and requirements.
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