Global Wound Care Devices Market by Product (Therapy Devices, Wound closure Devices, and Others), Application (Burns, Diabetic Foot Ulcers, Pressure Ulcers, Surgical Wounds, and Others), and End User (Hospitals, Clinics, and Others), Analysis and Industry Forecast–2027
Report ID : QR1001428 | Industries : Others | Published On :January 2022 | Page Count : 236Wound Care Devices Market
They are generally divided into two types: chronic and acute wounds. Chronic wounds can develop as a result of a variety of lifestyle diseases, including obesity, cardiovascular disease, and diabetes. Acute wounds, on the other hand, can be either surgical or traumatic in nature. These wounds usually heal at a predictable rate through a normal wound healing process.
Drivers: Wound Care Devices Market
The Driving Factors of Wound Care Devices Market are Wound healing is hampered by physical health conditions such as acute wounds, chronic wounds, and surgical wounds. The prevalence of acute, chronic, and surgical wounds has risen significantly over the last decade, owing primarily to the growing global geriatric population, rising traumatic wounds, an increase in the number of surgeries, and an increase in the prevalence of conditions such as obesity and diabetes.
Know more about this report: request for sample pages
Restraints: Wound Care Devices Market
The high cost of chronic wound treatments and advanced wound care products may limit their adoption, particularly in cost-sensitive markets such as Asia and the Rest of the World. In these areas, patients and physicians prefer less expensive advanced wound care products. However, with increased awareness of the efficacy of these products and rising disposable incomes in many of these countries, the adoption of advanced wound care products is expected to rise in the coming years.
Impact of COVID-19
The COVID-19 pandemic is having a negative impact on several industries by halting production and disrupting supply chains. Currently, healthcare facilities such as clinics and hospitals are closing their wound care departments in order to prevent the spread of coronavirus infection. Virtual consultation services are now being offered by healthcare professionals and clinicians. Such factors are expected to reduce wound care device sales in 2020.
Segmentation by Product:
By product, the market is classified into therapy devices, wound closure devices, and others. Because of the large number of product approvals and their advantages over traditional methods in promoting wound healing through hydration, the therapy devices segment is expected to dominate the Wound Care Devices Market. Furthermore, these devices reduce the risk of infection at the wound site, which improves wound healing procedures.
Segmentation by End use
By End users, the wound care market is segmented into hospitals & clinics, long-term care facilities, home care settings, and other end users. In 2020, hospitals and clinics held the largest share of the global wound care market. Factors such as the increasing prevalence of surgical and chronic wounds, the rising incidence of associated SSIs and HAIs, and the rising incidence of burn injuries all contribute to this segment's size.
Segmentation by Application
By application, the wound management devices market is divided into diabetic foot ulcers, pressure ulcers, surgical wounds, burns, and others. Because of the increased frequency of burn injuries, the burns segment is expected to be the most profitable segment in the market. These can be caused by flames, steams, or agents like chemicals, tar, and electricity. The diabetic foot ulcers segment is expected to grow at a significant CAGR during the forecast period as the diabetic patient pool grows and they become more prone to foot ulcers.
Segmentation by Region
The global wound care market is divided into five regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. In 2020, developed countries in North America and Europe will dominate the global wound care market. North America will have the largest market share in 2020. The growing prevalence of chronic conditions resulting in chronic, surgical, and traumatic wounds; the increasing incidence of burn injuries; increased spending on surgical and chronic wounds; and technological advancements in this region all contribute to the region's large share of this regional segment.
Competitive Landscape:
3M Company, Smith & Nephew plc, ConvaTec Group Plc, Coloplast A/S, Mölnlycke Health Care AB, Integra LifeSciences Holdings Corporation, PAUL HARTMANN AG, B. Braun Melsungen AG, Cardinal Health, Inc., Organogenesis Holdings Inc., Misonix, Inc., MiMedx Group, Inc., Zimmer Biomet Holdings, Inc., Lohmann & Rauscher GmbH & Co. KG, DeRoyal Industries, Inc, Medline Industries.
Industrial Development:
Smith & Nephew plc (UK) launched the PICO 14 Single-use NPWT System (NPWT) and dressing in the United States in March 2020.
ConvaTec Group Plc (UK) introduced ConvaMax, an advanced wound dressing that aids in the management of highly exuding wounds such as leg ulcers, surgical wounds, and diabetic foot ulcers, in January 2020.
Mölnlycke Health Care AB (Sweden) partnered with Zuellig Pharma (Singapore) in June 2019 to improve the availability of wound care products and solutions across the region.
Market taxonomy
By Product –
- Therapy Devices
- Wound closure Devices
- Other Devices
By End use
- Hospitals
- Clinics
- Others
By Application
- Burns
- Diabetic Foot Ulcers
- Pressure ulcers
- Surgical wounds
- Others
By region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Wound Care Devices Market TOC
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 Wound Care Devices Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Wound Care Devices Market, By Product
5.1 Y-o-Y Growth Comparison, By Type
5.2 Wound Care Devices Market Share Analysis, By Product
5.3 Wound Care Devices Market Size and Forecast, By Product
5.3.1 Therapy Devices
5.3.2 Wound closure Devices
5.3.3 Other Devices
6 Wound Care Devices Market, By End use
6.1 Y-o-Y Growth Comparison, By End use
6.2 Wound Care Devices Market Share Analysis, By End use
6.3 Wound Care Devices Market Size and Forecast, By End use
6.3.1 Hospitals
6.3.2 Clinics
6.3.3 Others
7 Wound Care Devices Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Wound Care Devices Market Share Analysis, By Application
7.3 Wound Care Devices Market Size and Forecast, By Application
7.3.1 Burns
7.3.2 Diabetic Foot Ulcers
7.3.3 Pressure ulcers
7.3.4 Surgical wounds
7.3.5 Others
8 Wound Care Devices Market, By Region
8.1 Wound Care Devices Market Share Analysis, By Region
8.2 Wound Care Devices Market Share Analysis, By Region
8.3 Wound Care Devices Market Size and Forecast, By Region
9 North America Wound Care Devices Market Analysis and Forecast (2021-2027)
9.1 Introduction
9.2 North America Wound Care Devices Market Share Analysis, By Product
9.3 North America Wound Care Devices Market Size and Forecast, By End use
9.4 North America Wound Care Devices Market Size and Forecast, By Application
9.5 North America Wound Care Devices Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Wound Care Devices Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 Europe Wound Care Devices Market Share Analysis, By Type
10.3 Europe Wound Care Devices Market Size and Forecast, By End use
10.4 Europe Wound Care Devices Market Size and Forecast, By Application
10.5 Europe Wound Care Devices Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Wound Care Devices Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Asia Pacific Wound Care Devices Market Share Analysis, By Type
11.3 Asia Pacific Wound Care Devices Market Size and Forecast, By End use
11.4 Asia Pacific Wound Care Devices Market Size and Forecast, By Application
11.5 Asia Pacific Wound Care Devices Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Wound Care Devices Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Latin America Wound Care Devices Market Share Analysis, By Type
12.3 Latin America Wound Care Devices Market Size and Forecast, By End use
12.4 Latin America Wound Care Devices Market Size and Forecast, By Application
12.5 Latin America Wound Care Devices Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Wound Care Devices Market Analysis and Forecast (2021-2027)
13.1 Introduction
13.2 Middle East Wound Care Devices Market Share Analysis, By Type
13.3 Middle East Wound Care Devices Market Size and Forecast, By End use
13.4 Middle East Wound Care Devices Market Size and Forecast, By Application
13.5 Middle East Wound Care Devices Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 3M Company
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. Smith & Nephew plc
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. ConvaTec Group Plc
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Coloplast A/S
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Mölnlycke Health Care AB
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Integra LifeSciences Holdings Corporation
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 PAUL HARTMANN AG
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 B. Braun Melsungen AG
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Cardinal Health, Inc.
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Organogenesis Holdings Inc.
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies