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Global Wound Care Market Outlook and Forecasts, 2018 & 2019-2024 – ResearchAndMarkets.com – Business Wire

October 24th, 2019 8:44 am

DUBLIN--(BUSINESS WIRE)--The "Wound Care Market - Global Outlook and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.

The global wound care market is growing at a CAGR of over 5% during the forecast period 2018-2024

The adoption of wound care biologics is augmenting the growth of the global wound care market. The commercial availability of a wide array of wound biologics is likely to encourage many end-users to use them in treating wounds as they are clinically proven, safe, and effective than other products.

The growing incidence of infections caused in lesions is another factor accelerating the growth of anti-microbial dressings market segment. Anti-microbial agents such as chlorhexidine, maggots, silver, iodine, and honey are increasingly becoming important in the global wound care market. Therefore, the incorporation of anti-microbial agents in wound dressing products is improving clinical outcomes for the treatment of wounds, thereby driving the global wound care market.

Key Vendor Analysis

The global wound care market is highly competitive and dynamic characterized by the presence of several global, regional, and local vendors, offering a diverse range of products and devices for treating various acute and chronic wounds. There are approximately more than 400 vendors providing a wide array of wound care products worldwide. Multiple product launches, strategic acquisitions, and differentiated products have fueled the growth in recent years.

New product launches and strategic acquisitions, collaborations will be crucial for companies to maintain revenue growth in the coming years. Large and diversified companies account for nearly 48% of the market share. Also, the majority of key players have demonstrated consistent growth in the last three years. Moderate to the high growth of major players will continue to boost the market growth. In addition, both established and emerging players are developing or commercializing wound care products and devices.

Major players are focusing on technological innovations, thereby investing substantial amounts on R&D activities for offering advanced wound care products such as advanced wound dressings, skin grafts, and wound biologics.

Key Topics Covered:

1 Research Methodology

2 Research Objectives

3 Research Process

4 Scope & Coverage

4.1 Market Definition

4.2 Base Year

4.3 Scope of the study

4.4 Market Segments

5 Report Assumptions & Caveats

5.1 Key Caveats

5.2 Currency Conversion

5.3 Market Derivation

6 Market at a Glance

7 Introduction

7.1 Wound Care: An Overview

7.1.1 Background

7.1.2 Wound Care for Acute & Chronic Wounds

7.1.3 Wound Care: Market Snapshot

8 Market Dynamics

8.1 Market Growth Enablers

8.1.1 Increasing Prevalence of Acute & Chronic Wounds

8.1.2 New Product Approvals/Launches

8.1.3 Increasing Number of Surgical Procedures

8.2 Market Growth Restraints

8.2.1 High Cost of Advanced Wound Care Products & Devices

8.2.2 Limitations & Complications with Wound Care Products & Devices

8.2.3 Intense Competition & Pricing Pressure

8.2.4 Shortage of Resources for Wound Care Treatments

8.3 Market Opportunities & Trends

8.3.1 Focus on Development & Commercialization of Wound Biologics

8.3.2 High Demand for Anti-microbial Wound Dressing Products

8.3.3 Growing Popularity of Natural Surgical Sealants

8.3.4 Emergence of Stem Cell Therapy For Wound Healing

9 Global Wound Care Market

9.1 Market Overview

9.2 Market Size & Forecast

9.3 Five Forces Analysis

10 By Product Type

10.1 Market Snapshot & Growth Engine

10.2 Market Overview

11 Advanced Wound Care Products

11.1 Market Snapshot & Growth Engine

11.2 Market Overview

11.3 Advanced Wound Care Segmentation by Product Type

11.4 Advanced Wound Dressings

11.5 Wound Therapy Devices

11.6 Wound Care Biologics

12 Traditional Wound Care Products

12.1 Market Overview

12.2 Market Size & Forecast

13 Sutures & Stapling Devices

13.1 Market Snapshot & Growth Engine

13.2 Market Overview

13.3 Market Size & Forecast

13.4 Segmentation by Product Type

13.5 Sutures

13.6 Stapling Devices

14 Hemostats & Surgical Sealants

14.1 Market Snapshot & Growth Engine

14.2 Market Overview

14.3 Market Size & Forecast

14.4 Segmentation by Product Type

14.5 Hemostats

14.6 Surgical Sealants

15 By Wound Type

15.1 Market Snapshot & Growth Engine

15.2 Market Overview

15.3 Acute Wounds

15.4 Chronic Wounds

16 By End Users

16.1 Market Snapshot & Growth Engine

16.2 Market Overview

16.3 Hospitals & Specialty Wound Care Clinics

16.4 Long-term Care Facilities

16.5 Home Healthcare

16.6 Others

17 By Geography

17.1 Market Snapshot & Growth Engine

17.2 Market Overview

Key Company Profiles

Other Prominent Vendors

For more information about this report visit https://www.researchandmarkets.com/r/gxho7k

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Global Wound Care Market Outlook and Forecasts, 2018 & 2019-2024 - ResearchAndMarkets.com - Business Wire

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