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Global Advanced Wound Care Market Size, Trends, and Growth Opportunity, By Product Type (Dressing, Therapy Device, Biologics, Others), By Wound Type (Primary Wound Care, Secondary Wound Care), By Wound Class (Class I, Class II, Class III, and Class IV ), By End User (Hospitals, Wound Care Centres, Ambulatory Centres, Home Healthcare, Clinics, Others), By Distribution Channel (Direct Tenders, Retail), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) and Forecast till 2030.


Report ID : IR1001977 | Industries : Healthcare | Published On :June 2024 | Page Count : 223

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  • Global Advanced Wound Care Market Size, Trends, and Growth Opportunity, By Product Type (Dressing, Therapy Device, Biologics, Others), By Wound Type (Primary Wound Care, Secondary Wound Care), By Wound Class (Class I, Class II, Class III, and Class IV ), By End User (Hospitals, Wound Care Centres, Ambulatory Centres, Home Healthcare, Clinics, Others), By Distribution Channel (Direct Tenders, Retail), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) and Forecast till 2030.
    Global Advanced Wound Care Market 
    The Global Advanced Wound Care Market was valued at USD 7.1 billion in 2022 and is expected to expand to USD 10.9 billion in 2030 at a CAGR of 5.5 % during the forecast period 2023-2030.
    Advanced wound care products include products that treat both acute and chronic wounds, such as ulcers, burns, and post-operative wounds. These treatments include Film and foam dressings, hydrogels, alginates, and hydrocolloids, which keep the area moist and encourage the healing process.
    Market Drivers
    The increasing incidences of chronic injuries, rising surgical procedures, and increasing count of traumatic wounds act as major factors for the growing market during the forecast period. 
    The growing geriatric population having slow healing capabilities and the rising prevalence of obesity and diabetes propelling the growth of the market. additionally, the growing awareness among people rising number of hospital visits for wound treatment, and growing government support boost the market growth.
    Market Restraints
    The high cost associated with advanced wound care products hinders the growth of the Advanced Wound Care market.
    Additionally, risks associated with the use of advanced wound care products, as well as a lack of awareness among people regarding advanced wound care products restrain the market growth.
    COVID-19 Impact on Advanced Wound Care Market 
    The outbreak of covid-19 negatively impacted the market as hospitals are packed with covid-19 patients which postponed surgeries and other healthcare procedures and people are focusing on covid-19 treatment which decreases the demand for advanced wound care products. As lockdown and restrictions were imposed by the government which disrupt the supply chain and manufacturing process 
    Impact of Russia Ukraine War on the Market
    The conflict between Russia and Ukraine can have both direct and indirect impacts on the advanced wound care market:
    Disruptions in the supply chain: Many advanced wound care manufacturers source components from Russia and Ukraine. The war may cause supply chain disruptions and delays, affecting advanced wound Care production and delivery.
    Economic sanctions: Economic sanctions imposed on Russia may have an impact on the overall economy, as well as the demand for advanced wound care in the region.
    Market Segmentation 
    The Global Advanced Wound Care Market is segmented on the basis of Product Type, Wound Type, Wound Class, End User, Distribution Channel, and Region. On the basis of Product Type, it is segmented into Dressing, Therapy Devices, Biologics, and Others. Based on Wound Type, it is segmented into Primary Wound Care, Secondary Wound Care. On the basis of Wound Class, it is segmented into Class I, Class II, Class III, and Class IV. On the basis of End Users, it is segmented into Hospitals, Wound Care Centres, Ambulatory Centres, Home Healthcare, Clinics, and Others. Based on Distribution Channel, it is segmented into Direct Tenders, Retail. Based on Region, it is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. 
    Regional Analysis
    North America is likely to dominate the market over the forecast period owing to the growing adoption of advanced technology and the launch of new products. The increasing cases of chronic wounds and the rising geriatric population fuel the market in this region
    Asia Pacific is also anticipated to witness substantial growth during the forecast period 2023-2030 due to the presence of various market players and growing expenditure on healthcare.
     Key Players 
    Various key players are listed in this report such as Smith & Nephew, Molnlycke Health Care AB, ConvaTec Group PLC, Baxter International, URGO Medical, Coloplast Corp, Medtronic, 3M, Derma Sciences Inc (Integra LifeSciences), Medline Industries.
    Market Taxonomy
    By Product Type 
    • Dressing,
    • Therapy Device
    • Biologics
    •  Others  
    By Wound Type
    • Primary Wound Care
    • Secondary Wound Care 
    By Wound Class 
    • Class I
    • Class II
    • Class III
    • Class IV 
     By End User 
    • Hospitals
    • Wound Care Centres
    • Ambulatory Centres
    • Home Healthcare
    • Clinics
    • Others 
    By Distribution Channel 
    • Direct Tenders
    • Retail 
    By Region 
    • North America
    • Europe
    • Asia Pacific   
    • Latin America
    • Middle East and Africa
       Key Question Addressed by the Report
    • What are the Key Opportunities in Global Advanced Wound Care Market?
    • What will be the growth rate from 2023 to 2030?
    • Which segment/region will have the highest growth?
    • What are the factors that will impact/drive the Market?
    • What is the role of key players in the value chain?
               

    Global Advanced Wound Care Market 
    1 Introduction
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Advanced Wound Care Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.2.4 Cumulative Impact due to recent Energy Crisis
    4.2.5 Cumulative Impact due to nearing economic downturn 
    4.2.6 Post covid-19 world Supply& Demand conditions
    4.2.7 Cumulative Impact of Russia-Ukraine Conflict
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Advanced Wound Care Market, By Product 
    5.1 Y-o-Y Growth Comparison, By Product  
    5.2 Global Advanced Wound Care Market Share Analysis, By Product  
    5.3 Global Advanced Wound Care Market Size and Forecast, By Product 
    5.3.1 Dressing
    5.3.2 Therapy Device
    5.3.3 Biologics
    5.3.4 Others
    6 Global Advanced Wound Care Market, By Wound Type 
    6.1 Y-o-Y Growth Comparison, By Wound Type 
    6.2 Global Advanced Wound Care Market Share Analysis, By Wound Type 
    6.3 Global Advanced Wound Care Market Size and Forecast, By Wound Type 
    6.3.1 Primary Wound Care
    6.3.2 Secondary Wound Care
    7 Global Advanced Wound Care Market, By Wound Class 
    7.1 Y-o-Y Growth Comparison, By Wound Class 
    7.2 Global Advanced Wound Care Market Share Analysis, By Wound Class 
    7.3 Global Advanced Wound Care Market Size and Forecast, By Wound Class 
    7.3.1 Class I
    7.3.2 Class II
    7.3.3 Class III
    7.3.4 Class IV 
    8 Global Advanced Wound Care Market, By End User 
    8.1 Y-o-Y Growth Comparison, By End User 
    8.2 Global Advanced Wound Care Market Share Analysis, By End User 
    8.3 Global Advanced Wound Care Market Size and Forecast, By End User 
    8.3.1 Hospitals
    8.3.2 Wound Care Centres
    8.3.3 Ambulatory Centres
    8.3.4 Home Healthcare
    8.3.5 Clinics
    8.3.6 Others 
    9 Global Advanced Wound Care Market, By Distribution Channel 
    9.1 Y-o-Y Growth Comparison, By Distribution Channel  
    9.2 Global Advanced Wound Care Market Share Analysis, By Distribution Channel  
    9.3 Global Advanced Wound Care Market Size and Forecast, By Distribution Channel 
    9.3.1 Direct Tenders 
    9.3.2 Retail 
    10 Global Advanced Wound Care Market, By Region
    10.1 Global Advanced Wound Care Market Share Analysis, By Region
    10.2 Global Advanced Wound Care Market Share Analysis, By Region
    10.3 Global Advanced Wound Care Market Size and Forecast, By Region
    11 North America Advanced Wound Care Analysis and Forecast (2023-2030)
    11.1 Introduction
    11.2 North America Advanced Wound Care Product Market Share Analysis, By Product 
    11.3 North America Advanced Wound Care Product Market Size and Forecast, By Wound Type 
    11.4 North America Advanced Wound Care Product Market Size and Forecast, By Wound Class 
    11.5 North America Advanced Wound Care Product Market Size and Forecast, By End User 
    11.6 North America Advanced Wound Care Product Market Size and Forecast, By Distribution Channel  
    11.7 North America Advanced Wound Care Product Market Size and Forecast, By Country
    11.7.1 U.S. 
    11.7.2 Canada
    11.7.3 Mexico
    12 Europe Advanced Wound Care Market Analysis and Forecast (2023-2030)
    12.1 Introduction
    12.2 Europe Advanced Wound Care Product Market Share Analysis, By Product  
    12.3 Europe Advanced Wound Care Product Market Size and Forecast, By Wound Type  
    12.4 Europe Advanced Wound Care Product Market Size and Forecast, By Wound Class 
    12.5 Europe Advanced Wound Care Product Market Size and Forecast, By End User 
    12.6 Europe Advanced Wound Care Product Market Size and Forecast, By Distribution Channel  
    12.7. Europe Advanced Wound Care Product Market Size and Forecast, By Country
    12.7.1 Germany
    12.7.2 France
    12.7.3 UK
    12.7.4. Rest of Europe
    13 Asia Pacific Advanced Wound Care Market Analysis and Forecast (2023-2030)
    13.1 Introduction
    13.2 Asia Pacific Advanced Wound Care Product Market Share Analysis, By Product  
    13.3 Asia Pacific Advanced Wound Care Product Market Size and Forecast, By Wound Type   
    13.4 Asia Pacific Advanced Wound Care Product Market Size and Forecast, By Wound Class 
    13.5 Asia Pacific Advanced Wound Care Product Market Size and Forecast, By End User 
    13.6 Asia Pacific Advanced Wound Care Product Market Size and Forecast, By Distribution Channel  
    13.7 Asia Pacific Advanced Wound Care Product Market Size and Forecast, By Country
    13.7.1 China
    13.7.2 Japan
    13.7.3 India
    13.7.4. Rest of Asia Pacific
    14 Latin America Advanced Wound Care Market Analysis and Forecast (2023-2030)
    14.1 Introduction
    14.2 Latin America Advanced Wound Care Product Market Share Analysis, By Product  
    14.3 Latin America Advanced Wound Care Product Market Size and Forecast, By Wound Type  
    14.4 Latin America Advanced Wound Care Product Market Size and Forecast, By Wound Class 
    14.5 Latin America Advanced Wound Care Product Market Size and Forecast, By End User 
    14.6 Latin America Advanced Wound Care Product Market Size and Forecast, By Distribution Channel  
    14.7 Latin America Advanced Wound Care Product Market Size and Forecast, By Country
    14.7.1. Brazil
    14.7.2. Rest of Latin America
    15 Middle East Advanced Wound Care Market Analysis and Forecast (2023-2030)
    15.1 Introduction
    15.2 Middle East Advanced Wound Care Product Market Share Analysis, By Product  
    15.3 Middle East Advanced Wound Care Product Market Size and Forecast, By Wound Type  
    15.4 Middle East Advanced Wound Care Product Market Size and Forecast, By Wound Class 
    15.5 Middle East Advanced Wound Care Product Market Size and Forecast, By End User 
    15.6 Middle East Advanced Wound Care Product Market Size and Forecast, By Distribution Channel  
    15.7 Middle East Advanced Wound Care Product Market Size and Forecast, By Country
    15.7.1. Saudi Arabia
    15.7.2. UAE
    15.7.3. Egypt
    15.7.4 Kuwait
    15.7.5. South Africa
    16 Competitive Analysis
    16.1 Competition Dashboard
    16.2 Market share Analysis of Top Vendors
    16.3 Key Development Strategies
    17 Company Profiles
    17.1 Smith & Nephew 
    17.1.1 Overview
    17.1.2 Offerings
    17.1.3 Key Financials
    17.1.4 Business Segment & Geographic Overview
    17.1.5 Key Market Developments
    17.1.6 Key Strategies
    17.2 Molnlycke Health Care AB 
    17.2.1 Overview
    17.2.2 Offerings
    17.2.3 Key Financials
    17.2.4 Business Segment & Geographic Overview
    17.2.5 Key Market Developments
    17.2.6 Key Strategies
    17.3 ConvaTec Group PLC
    17.3.1 Overview
    17.3.2 Offerings
    17.3.3 Key Financials
    17.3.4 Business Segment & Geographic Overview
    17.3.5 Key Market Developments
    17.3.6 Key Strategies
    17.4 Baxter International 
    17.4.1 Overview
    17.4.2 Offerings
    17.4.3 Key Financials
    17.4.4 Business Segment & Geographic Overview
    17.4.5 Key Market Developments
    17.4.6 Key Strategies
    17.5 URGO Medical 
    17.5.1 Overview
    17.5.2 Offerings
    17.5.3 Key Financials
    17.5.4 Business Segment & Geographic Overview
    17.5.5 Key Market Developments
    17.5.6 Key Strategies
    17.6 Coloplast Corp 
    17.6.1 Overview
    17.6.2 Offerings
    17.6.3 Key Financials
    17.6.4 Business Segment & Geographic Overview
    17.6.5 Key Market Developments
    17.6.6 Key Strategies
    17.7 Medtronic
    17.7.1 Overview
    17.7.2 Offerings
    17.7.3 Key Financials
    17.7.4 Business Segment & Geographic Overview
    17.7.5 Key Market Developments
    17.7.6 Key Strategies 
    17.8 3M 
    17.8.1 Overview
    17.8.2 Offerings
    17.8.3 Key Financials
    17.8.4 Business Segment & Geographic Overview
    17.8.5 Key Market Developments
    17.8.6 Key Strategies 
    17.9 Derma Sciences Inc (Integra LifeSciences)
    17.9.1 Overview
    17.9.2 Offerings
    17.9.3 Key Financials
    17.9.4 Business Segment & Geographic Overview
    17.9.5 Key Market Developments
    17.9.6 Key Strategies 
    17.10 Medline Industries 
    17.10.1 Overview
    17.10.2 Offerings
    17.10.3 Key Financials
    17.10.4 Business Segment & Geographic Overview
    17.10.5 Key Market Developments
    17.10.6 Key Strategies