Market Overview:
The global advanced wound care systems market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of chronic wounds, technological advancements in wound care products, and rising demand for minimally invasive procedures. Based on type, the global advanced wound care systems market is segmented into NPWT (negative pressure wound therapy), skin grafting systems, and other types. The NPWT segment is expected to grow at the highest CAGR during the forecast period owing to its ability to effectively manage various types of wounds such as acute and chronic wounds, surgical incisions, and burns. Based on application, the global advanced wound care systems market is segmented into hospitals, clinics, and other applications. The hospitals segment accounted for the largest share of the global advanced wound care systems market in 2017 owing to increased use of these products for treating complex wounds among patients admitted in hospitals.
Product Definition:
Advanced wound care systems are a type of medical device that is used to help treat wounds. These systems work by providing a number of different therapies, including irrigation, cleansing, and debridement. They can also be used to administer antibiotics and other medications directly to the wound site. The importance of advanced wound care systems lies in their ability to provide comprehensive treatment for difficult-to-heal wounds.
NPWT:
Non-surgical wound therapy is a new term in the wound care market and it has been growing at a rapid rate over the last few years. The major driving factors for this growth are increasing prevalence of chronic wounds, rising demand for minimally invasive procedures, technological advancements in equipment used such as negative pressure wound therapy (NPWT) devices and other products like bioresorbable/ bioabsorbable sutures etc.
Skin Grafting Systems:
A skin grafting system is a procedure wherein the physician places an artificial skin graft over the wound and knots it to form a strong enough connection between the two. The most commonly used types of skin grafts are allografts, xenografts, and biosynthetic products. Skin Grafting Systems Market includes Products like AlloPatch, Biopatch Apligraf, Derma Patch etc.
Application Insights:
The hospital application segment led the global advanced wound care systems market in 2017. The segment is projected to expand further at a steady CAGR over the forecast period owing to an increase in chronic wounds and burns patients, especially those admitted in hospitals. NPWT is one of the commonly used procedures for treating acute wounds as it helps assess and treat complications quickly without any delay or need for a second surgery. It also helps reduce pain, promote healing, prevent infection and restore skin functionality as soon as possible after injury or illness.
Skin grafting procedure is another method used for treating severe burns injuries that require more than just surgical closure of the wound site but rather extensive skin replacement therapy to heal deeper layers of tissue damage caused by thermal trauma (burns). Skin grafting involves harvesting healthy donor skin cells from different parts of body such as arms, back etc.
Regional Analysis:
North America dominated the market in 2017 owing to factors such as increasing road accidents, sports injuries, and the presence of several key players in this region. For instance, according to a research paper published by Journal of Bone & Joint Surgery-American Volume: 76-B(1), 2018, from January 1 to 15 2018; there were 3.3 million surgical and minimally invasive procedures performed including knee replacement surgeries and other orthopedic procedures like hip replacement surgeries. In addition, favorable reimbursement policies are also boosting the usage rates for advanced wound care systems in this region.
Asia Pacific is expected to grow at a lucrative rate over the forecast period due to factors such as improving healthcare infrastructure especially in rural areas and rising medical tourism activities supported by low cost treatment offered by various advanced wound care system providers in countries like India & China compared with that provided by western nations.
Growth Factors:
- Increasing incidence of chronic wounds: The global prevalence of chronic wounds is estimated to be around 6.7%. This number is expected to grow as the population ages, making advanced wound care systems a necessary part of treatment protocols for many patients.
- Advances in wound care technology: Newer, more effective treatments and therapies are being developed all the time, thanks to advances in medical technology. This means that patients have access to better care than ever before and are more likely to see positive outcomes from using advanced wound care systems.
- Growing demand for home-based treatment options: There is a growing trend towards providing home-based treatment options for patients with chronic wounds, as this allows them greater flexibility and convenience while still receiving high-quality care. Advanced wound care systems are well suited for this type of treatment delivery model and are likely to see increased demand in the coming years as a result.
Scope Of The Report
Report Attributes
Report Details
Report Title
Advanced Wound Care systems Market Research Report
By Type
NPWT, Skin Grafting Systems, Other
By Application
Hospital, Clinic, Other
By Companies
Smith & Nephew, 3M Company, Molnlycke Health Care, Convatec Healthcare B.S.A.R.L, Coloplast A/S, Paul Hartmann, Kinetic Concepts, Laboratories Urgo, BSN Medical, Medtronic, B.Braun, Hollister, Lohmann& Rauscher, Advanced Medical Solutions Group, Nitto Denko, DeRoyal Industries, Genewel, Winner Medical Co., Ltd., Top-medical, Zhende Medical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Advanced Wound Care systems Market Report Segments:
The global Advanced Wound Care systems market is segmented on the basis of:
Types
NPWT, Skin Grafting Systems, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Smith & Nephew
- 3M Company
- Molnlycke Health Care
- Convatec Healthcare B.S.A.R.L
- Coloplast A/S
- Paul Hartmann
- Kinetic Concepts
- Laboratories Urgo
- BSN Medical
- Medtronic
- B.Braun
- Hollister
- Lohmann& Rauscher
- Advanced Medical Solutions Group
- Nitto Denko
- DeRoyal Industries
- Genewel
- Winner Medical Co., Ltd.
- Top-medical
- Zhende Medical
Highlights of The Advanced Wound Care systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- NPWT
- Skin Grafting Systems
- Other
- By Application:
- Hospital
- Clinic
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Advanced Wound Care systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Advanced Wound Care Systems is a wound care company that specializes in the development and manufacture of advanced wound care products. Their products include dressings, compression garments, skin substitutes and other medical devices used to treat wounds.
Some of the key players operating in the advanced wound care systems market are Smith & Nephew, 3M Company, Molnlycke Health Care, Convatec Healthcare B.S.A.R.L, Coloplast A/S, Paul Hartmann, Kinetic Concepts, Laboratories Urgo, BSN Medical, Medtronic, B.Braun, Hollister, Lohmann& Rauscher, Advanced Medical Solutions Group, Nitto Denko, DeRoyal Industries, Genewel, Winner Medical Co., Ltd., Top-medical, Zhende Medical.
The advanced wound care systems market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Advanced Wound Care systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Advanced Wound Care systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Advanced Wound Care systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Advanced Wound Care systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Advanced Wound Care systems Market Size & Forecast, 2018-2028
4.5.1 Advanced Wound Care systems Market Size and Y-o-Y Growth
4.5.2 Advanced Wound Care systems Market Absolute $ Opportunity
Chapter 5 Global Advanced Wound Care systems Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Advanced Wound Care systems Market Size Forecast by Type
5.2.1 NPWT
5.2.2 Skin Grafting Systems
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Advanced Wound Care systems Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Advanced Wound Care systems Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Advanced Wound Care systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Advanced Wound Care systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Advanced Wound Care systems Analysis and Forecast
9.1 Introduction
9.2 North America Advanced Wound Care systems Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Advanced Wound Care systems Market Size Forecast by Type
9.6.1 NPWT
9.6.2 Skin Grafting Systems
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Advanced Wound Care systems Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Advanced Wound Care systems Analysis and Forecast
10.1 Introduction
10.2 Europe Advanced Wound Care systems Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Advanced Wound Care systems Market Size Forecast by Type
10.6.1 NPWT
10.6.2 Skin Grafting Systems
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Advanced Wound Care systems Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Advanced Wound Care systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Advanced Wound Care systems Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Advanced Wound Care systems Market Size Forecast by Type
11.6.1 NPWT
11.6.2 Skin Grafting Systems
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Advanced Wound Care systems Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Advanced Wound Care systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Advanced Wound Care systems Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Advanced Wound Care systems Market Size Forecast by Type
12.6.1 NPWT
12.6.2 Skin Grafting Systems
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Advanced Wound Care systems Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Advanced Wound Care systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Advanced Wound Care systems Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Advanced Wound Care systems Market Size Forecast by Type
13.6.1 NPWT
13.6.2 Skin Grafting Systems
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Advanced Wound Care systems Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Advanced Wound Care systems Market: Competitive Dashboard
14.2 Global Advanced Wound Care systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Smith & Nephew
14.3.2 3M Company
14.3.3 Molnlycke Health Care
14.3.4 Convatec Healthcare B.S.A.R.L
14.3.5 Coloplast A/S
14.3.6 Paul Hartmann
14.3.7 Kinetic Concepts
14.3.8 Laboratories Urgo
14.3.9 BSN Medical
14.3.10 Medtronic
14.3.11 B.Braun
14.3.12 Hollister
14.3.13 Lohmann& Rauscher
14.3.14 Advanced Medical Solutions Group
14.3.15 Nitto Denko
14.3.16 DeRoyal Industries
14.3.17 Genewel
14.3.18 Winner Medical Co., Ltd.
14.3.19 Top-medical
14.3.20 Zhende Medical
