Market Highlights: The wound healing is a complex process in which the skin, and the tissues under it, repair themselves after injury. It is depicted in a discrete timeline of physical attributes constituting the post-trauma repairing process. In undamaged skin, the epidermis i.e. surface layer and dermis i.e. deeper layer form a protective barrier against the environment. When the barrier is broken, a regulated sequence of biochemical events is set into motion to repair the damage. This process is divided into predictable phases including blood clotting, inflammation, tissue growth, and tissue remodeling. The process of wound healing is complex as well as fragile, and it is susceptible to failure leading to the formation of non-healing chronic wounds. Diabetes, venous or arterial disease, infection, and metabolic deficiencies of old age contributes to the non-healing chronic wounds. Wound care encourages and speeds wound healing via cleaning and protection from re-injury and infection. Depending on the individual patients need, it can range from the simplest first aid to entire nursing specialties such as wound ostomy and continence nursing and burn center care. The market study is being classified by Type (Dressings, Bandages, Tropical Agents, Wound Closure Agents, Gauges & Sponges, Tapes and Therapy Devices), by Application (Male and Female) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Wound Healing are 3M Healthcare (United States), Acelity L.P., Inc. (United States), B. Braun Melsungen AG (Germany), BSN medical (Germany), Cardinal Health (United States), Coloplast Group (Denmark), Hollister Incorporated (United States), Integra LifeSciences Corporation (United States), Medline Industries, Inc. (United States) and Mölnlycke Health Care AB (Sweden).
The Wound Type, such as Acute Wound, is boosting the Wound Healing market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
Major Market Development Highlights On 2 July 2018, the world-leading medical solutions company, Mölnlycke, has acquired German wound care products company, SastoMed GmbH. The deal adds new, award-winning products to Mölnlycke’s offer enabling it to further help healthcare professionals and patients by accelerating the wound healing process and treating chronic wounds. On 6 Aug 2018, B. Braun Medical Inc.’s launched Prontosan Wound Gel X, which is now available in a patient-friendly 1-ounce tube. This smaller Gel X tube provides patients a convenient as well as economical size for at home personal care, compared to the much larger 250-milligram tube that was designed for healthcare facilities. and On 2 Feb 2018, Hollister Incorporated, an independent, employee-owned company that develops, manufactures, and markets healthcare products have announced the decision to divest portions of its Wound Care business. The Hollister Wound Care product portfolio includes brands TRIACT, Hydrofera Blue, Endoform, and FastCast, among others.
Key Questions Answered in the Report What will the Wound Healing Market size and the growth rate be in Future? What are the key factors driving the Wound Healing Market? What are the key market trends and macro-economic impacting the growth of the Wound Healing Market? What are the challenges to market growth? Who are the key vendors in the Wound Healing Market? What are the market opportunities and threats faced by the vendors in the Wound Healing Market? Trending factors influencing the market shares of the Players. What are the key outcomes of the five forces analysis of the Wound Healing Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Wound Healing market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Wound Healing market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Product Manufacturers, Wound Healing Associations, Research and Consulting Firms, Contract Manufacturers of Wound Healing Products, Healthcare Institutes (Hospitals, Medical Schools, Diagnostic Centers, .and Outpatient Clinics), Research Institutes, Venture Capitalists, Insurance Providers (Payers) and Government Bodies. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.