Advanced Wound Care Market Outlook to 2025

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Global Advanced Wound Care Market
Global Advanced Wound Care Market is expected to
reach USD 24,054.5 billion by 2025 and is
projected to register a healthy CAGR in the
forecast period 2018 to 2025. The new market
report contains data for historic years 2016, the
base year of calculation is 2017 and the forecast
period is 2018 to 2025.
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Key Drivers
Rising aging population, growing incidences of
diabetes, technological advancement, rising
awareness regarding new technology, government
support in the terms of funding, reduced the
duration of hospital stays, rising incidence of
chronic wounds, problem associated with
ineffective traditional wound healing method,
increase funding in wound care and development,
increasing volume of surgeries across the globe,
faster recovery and healing time, range of wound
indications at relatively lower prices,
innovative products and rising demand in emerging
healthcare market are some of the drivers
contributing to the growth of the market.
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Market Segmentation
The global advanced wound care market is
segmented into three product types, namely,
dressing, biologics, and therapy devices. Based
on wound type, the market is segmented into
surgical wound, diabetic ulcer, burns, pressure
ulcer, venous ulcer among others. On the basis
of end users, the market is classified into
hospitals, wound care centers, ambulatory
centers, home healthcare, clinics, and community
healthcare. On the basis of end user the market
is segmented into direct tenders, and
retails. On the basis of distribution channel
the market is segmented into direct tenders, and
retails.
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Key Points

• The global advanced wound care market is highly
  concentrated to a few big players and rest to
  local players who cater to domestic markets only.
  Acelity L.P. Inc., dominated the global advanced
  wound care market, followed by Smith and Nephew
  and Molyncke Healthcare respectively, in 2017.
• The dressing segment is dominating the global
  advanced wound care market.
• Biologics is expected to grow with the highest
  CAGR in the forecast period 2018 to 2025.

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Regional Analysis

• Based on geography the market is segmented into 5
  geographical regions,
• North America
• Europe
• Global
• South America
• Middle East and Africa

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Major Key Players

• Major players in the Global Advanced Wound Care
  Market are
• 3M
• Smith and Nephew
• Medtronic
• Acelity L.P. INC
• Molnlycke Healthcare AB
• Convatec Inc.
• Baxter
• Coloplast
• Ethicon. Inc
• Hollister Inc
• Kinetic Concepts, Advancis Medical and many
  others.

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