Wound Congress Market Analysis and Reports | Germany Conference Series

Market Analysis - Wound Congress 2017

Wound Care Market - Global Industry Analysis, Size, Share, Growth, Trends, & Forecast 2015 - 2023

Global Advanced Wound Care and Closure Market 

Regional Analysis of Wound Care Market:

Market Scenario:

The global wound care market is poised to expand from a value of US$7.53 billion in 2015 to US$10.16 billion in 2023, at a CAGR of 4.5% from 2015 to 2023. Growth of Wound care supplies market at geographical scales like USA, Europe,Middle East and Asia Pacific.

USA: The wound care market in USA is mainly driven by competitive pricing from players and the ability to treat chronic and acute wounds. It was valued at $ 3,467 million in 2015 and is expected to reach $4,459 million by 2023, at a CAGR of 5%.
Europe: The advanced wound care market in Europe is projected to reach USD 2,893.3 million by 2021, at a CAGR of 6.7% during the forecast period. In 2015, Germany accounted for the largest share of this regional market.
Middle East & Asia Pacific: Wound Care in the United Arab Emirates has witnessed 9% value growth recorded in wound care in 2015 was a better performance than the 7% value CAGR witnessed over the review period. New technology-driven product innovations launched in 2014 continued to support growth in wound care industry in 2015. The Asian active wound care market is the second fastest growing segment of $1.8 billion wound care market. The Asian active wound care market value was $317 million in 2014 and is expected to be $413 million by 2023, at a CAGR of 5.60%.

Key Players for Wound Care Market: 3M Company (U.S.), Baxter International, Inc. (U.S.), Coloplast A/S (Denmark.), Convatec Healthcare B.S.A.R.L (U.S.), Covidien PLC (Ireland), Derma Sciences, Inc. (U.S.), Ethicon, Inc. (U.S.), Hollister, Inc. (U.S.), Ethicon, Inc. (U.S.), Acelity L.P/ (U.S.), Mölnlycke Health Care (Sweden), Smith & Nephew (U.K.). Advanced BioHealing (U.S), Ahlcon Parenterals ( Bhiwadi, Rajasthan), Alpha Beta Enterprises CoLtd(Taiwan), Arobella( USA), Alere(Chennai), AvistaCapitalPartners( USA), AvitaMedical(Australia), BARRX Medical Inc., BARRX Medical, Inc., BioMed Realty Trust, Inc., BlueSky Medical Group(UnitedStates), BoehringerWoundSystems( USA), BostonMedicalDivision( USA), BrennanMedical,Bristol-MyersSquibb, BSNMedical, CanadaPensionPlanInvestmentBoard (CPPIB), Celleration,Cellerate Rx, Celleration,Cellerate Rx, Centre for Devices and Radiological Health (CDRH), Centre for Devices and Radiological Health (CDRH), Ceradyne, Inc., China's National Tissue Engineering Center (NTEC), Clinical Cell Culture,CNS Therapeutics, Inc., Coloplast,CodeRyte, Inc., ConvaTec, Covidien, Devon Medical, E.R Squibb & Son, FocusProductDevelopmentsLtd, FraunoferInstitute, Garnet Biotherapeutics, Gentleheal ehf, HARTMANN GROUP, Healthpoint Biotherapeutics, Hollister Wound Care, Human Biosciences,Investor AB,Kaken Pharmaceuticals,Kalypto Medical,Kinetic Concepts,Kneipp and NOGEGroup, MayaMedical, MindFrame,Inc., MedEfficiency,Inc., Medela, Medicare, MedlineIndustries, MesynthesLtd, Misonix, Molnlycke, MoMelanTechnologies, MontaguPrivateEquity, Nanotherapeutics, NewportMedicalInstruments,Inc., NordicCapitalPartners, Novation, O2Insights,Inc., Organogenesis, OridionSystemsLtd, OsirisTherapeutics, PervasisTherapeutis,Inc., Polyheal, SANUWAVEHealth, Sanofi, SaudiFoodandDrugAuthority(SFDA), Shire, Smith&Nephew, Sorbion, Soring, Spiracur,Inc, Systagenix, TycoInternational, Visomed, WalterReedArmyMedicalCentre, WinterthurTechnologie AG.

                                Source: Primary Research, Government Publications& Wound Congress 2017 Internal

The report for Global Wound Care Markets of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, wound care specialist to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions

The global wound care market is expected to reach USD 20.4 Billion by 2021 from USD 17.0 Billion in 2016, growing at a CAGR of 3.6% from 2016 to 2021.

On the basis of type of wound, the wound care market is segmented into chronic wound and acute wound. On the basis of end users, the wound care market is segmented into hospitals and specialty wound care clinics long-term care facilities,wound care nurse and home healthcare. Based on the type of products, the wound care market is segmented into traditional wound care, surgical wound care, and advanced wound management products like Wound care dressings. Among various segments, the advanced wound management product segment commanded the largest share in 2015, and is forecasted to be the fastest-growing segment in the wound care market. Factors such as rising awareness regarding new technologies for open wound care,government support in the form of funding, and rising diabetic and aging population are driving the growth of the wound care market.

Based on geography, the global wound care market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). North America is expected to account for the largest share of the market by the end of 2016. This large share can be attributed to various factors, including the increase in acute and chronic conditions such as diabetic foot ulcers, venous ulcers, and pressure ulcers and government support for wound care research in the form of funds.

The prominent players in the wound care market are 3M Company (U.S.), Baxter International, Inc. (U.S.), Coloplast A/S (Denmark.), Convatec Healthcare B.S.A.R.L (U.S.), Covidien PLC (Ireland), Derma Sciences, Inc. (U.S.), Ethicon, Inc. (U.S.), Hollister, Inc. (U.S.), Kinetic Concept, Inc. (U.S.), Mölnlycke Health Care (Sweden), and Smith & Nephew (U.K.).

Advanced Wound Care Market (AWC Market) was valued at $7,117 million, and is expected to reach $12,454 million by 2022, supported by a CAGR of 8.3%. Advanced wound care products and traditional wound care products are used to treat acute and chronic wounds. Chronic wounds take considerable time to heal and are expensive to treat. Due to its high cost, advanced wound care has emerged as a standard wound care solutions for treating chronic wounds. Advanced wound care products are gradually replacing the traditional wound care products due to their efficacy and effectiveness in managing wounds by enabling faster Wound healing.

The major factors attributed to the advanced wound care market growth are the rapid increase in the incidence of chronic diseases, such as diabetes, due to a change in lifestyle factors and the attempts to reduce the duration of hospital stays to bound the surgical costs. In addition, the demand for the advanced wound care market is driven by favorable reimbursement scenario, increase in healthcare expenditure by the government, and rise in inclination towards products that enhance therapeutic outcomes. However, the high cost of advanced wound care products coupled with low awareness, especially in underdeveloped countries, such as Afghanistan, Nigeria, and Bhutan, are expected to restrain the market growth.

 

 

 

                              Source: Primary Research, Government Publications& Wound Congress 2017 Internal

Key Universities working on Wound Care Programs:

University of Chieti (U.K), University of L'Aquila(U.K) , University of Bari(U.K), University of Foggia(U.K),   University of Catanzaro(U.K),  University of Naples(U.K), University of Salerno(U.K), University of Bologna(U.K), University of Ferrara(U.K), University of Modena and Reggio Emilia(U.K), Modena University of Parma(U.K), University of Trieste(U.K), University of Udine(U.K), University of Rome La Sapienza(U.K), University of Rome Tor Vergata(U.K),University of Genoa(U.K), University of Brescia(U.K), University of Milan(U.K),  University of Insubria(U.K), University of Pavia(U.K), University of Molise(U.K), University of Eastern Piedmont (U.K), University of Turin(U.K), Albert Einstein College of Medicine(USA), Albany Medical College(USA), Baylor College of Medicine(USA), Boston University(USA), Brown University(USA), Case Western Reserve University(USA), Cornell University Medical College(USA),  Creighton University(USA), East Carolina University(USA), Eastern Virginia Medical School(USA), Mount Sinai School of Medicine(USA).

                            Source: Primary Research, Government Publications& Wound Congress 2017 Internal

Conferences hosted by Wound Care societies:

3rd Transatlantic Wound Science and Podiatric Medicine Conference, 47th Annual Western Trauma Association Meeting, 6th Congress of the World Union of Wound Healing Societies, AALNC Annual Forum, AAOS 2017 Annual Meeting, Abu Dhabi Wound Care Conference, 49th Annual Meeting of American Burn Association, American Diabetes Association 77th Scientific Sessions, 31st Annual Congress of American College of Phlebology, American Society for Pain Management Nursing (ASPMN) National Conference, American Surgical Association Annual Meeting, Annual Translational to Clinical (T2C) Regenerative Medicine Wound Care Conference, Canadian Association of Wound Care (CAWC) Conference and European Wound Management Association (EWMA) Conference.

Conferences hosted by Private Organizations:

Criticare Nurses Conference Paris, France; Future of Critical Care Nursing Mumbai, India; Eliminating Heel Pressure Ulcers London, UK; Nursing Education Conference September Prague, Czech Republic; Conference on Wound Care, Ostomy and Continence Nursing  Milan,Italy ; Expert Venous Management Meeting Englewood, NJ; Western Foot and Ankle Conference  Anaheim, CA; Conference on Diabetic Foot Study Group Porto, Portugal; Wild on Wounds Las Vegas, NV; Nursing Education Conference, Las Vegas, United States; Wound Healing Society, Maryland, USA; Wound, Ostomy, and Continence Nurses Society, New Jersey, USA

 

                                 Source: Primary Research, Government Publications& Wound Congress 2017 Internal

Key Wound Care Organizations:

EuropeanWoundManagementAssociation(U.K), TheWoundManagementAssociationofIreland (U.K), Association for the Advancement of Wound Care(U.K), European Burns Association (EBA)(U.K), European Council of Enterostomal Therapy (ECET)(U.K), European Tissue Repair Society (ETRS)(U.K), World Alliance for Wound & Lymphedema Care (WAWLC)(U.K), International Compression Club (ICC)(U.K), European Society for Vascular Surgery (ESVS)(U.K), International Lymphoedema Framework (ILF) (U.K), European Society of Plastic(U.K), Reconstructive and Aesthetic Surgery (ESPRAS)(U.K),  American Academy of Wound Management (USA), American Diabetes Association,  American Professional Wound Care Association, Association for the Advancement of Wound Care (USA), Australian Wound Management Association (AWMA), Canadian Association of Wound Care, European Tissue Repair Society, National Coalition for Wound Care (NCWC) (USA), National Pressure Ulcer Advisory Panel, National Alliance of Wound Care (NAWC).

ADVANCED WOUND CARE MARKET SEGMENTS:

By Product Type

  • Infection Management
  • Exudate Management
    • Hydrocolloids
    • Foam Dressings
    • Alginates
    • Hydrogels
  • Active Wound Care
    • Skin Substitutes
    • Growth Factors
  • Therapy Devices
    • Negative Pressure Wound Therapy
    • Oxygen and Hyperbaric Oxygen Equipment
    • Electromagnetic Therapy Devices
    • Others (Pressure Relief Devices, Electrical Stimulation Devices, Ultraviolet Devices, Ultrasound Devices, Whirlpool Therapy Devices)      
    •                   Source: Primary Research, Government Publications& Wound Congress 2017 Internal

By Application

  • Chronic Wound Care
    • Pressure Ulcers
    • Diabetic Foot Ulcers
    • Venous Leg Ulcers
    • Arterial Ulcers
  • Acute Wound Care
    • Burns & Trauma
    • Surgical Wounds

By End User

  • Hospitals
  • Community Centers

By Application

  • Chronic Wound Care
    • Pressure Ulcers
    • Diabetic Foot Ulcers
    • Venous Leg Ulcers
    • Arterial Ulcers

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Rest of Asia-Pacific
    • LAMEA
      • Brazil
      • Saudi Arabia
      • UAE
      • Rest of LAMEA
  • Conclusion: The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. With this increasing growth of market the dissemination of knowledge could occur only through international meetings and conferences. 2nd International Conference on Wound Care, Ostomy & Continence Nursing Practices happening at Milan, Italy during June 7-8 2017, would address the recent advancements happening in this field with a series of key Note, Plenary sessions, Workshops, Symposiums and discussions represented by renowned speakers from more than 40 nations.