Market Snapshot:
Advanced wound care is chronic, complex wounds, including leg ulcers, pressure ulcers, diabetic foot ulcers and dehisced surgical wounds Advanced wound care is developing as a standard solution for treating chronic wounds. Advanced wound care dressings commonly include hydrogels, hydrocolloids, films, foams, fabrics, sponges, and alginates. Advanced Wound Care provides advanced wound dressings and skin care products used for the management of acute and chronic wounds resulting from conditions such as diabetes, immobility and venous disease, as well as from traumatic injury, burns, invasive surgery and other causes.
Highlights from Advance Wound Care Market Study
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The key Players profiled in the report are Healthy.io (Israel), Johnson & Johnson (United States), icoMetrix (Belgium), Inotec (United Kingdom), Swift Medical (Canada), TissueTech (United States), SMITH & NEPHEW PLC (United Kingdom), NovaBay Pharmaceuticals (United States), IMBED BIOSCIENCES, INC (United States) and Arecor (United Kingdom). Additionally, other players that are part of this comprehensive study are Advamedica Inc (Axio) (India), CELLPHIRE, INC (United States), Integra LifeSciences (United States) and Hoth Therapeutics (United States).
Geographic Breakdown and Segment Analysis
The Global Advance Wound Care market presents a comprehensive analysis of the Advance Wound Care market by product type (Hydrogels, Hydrocolloids, Foams, Fabrics, Sponges and Alginates), by end-user/application (Inpatient Facilities and Outpatient Facilities), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Advance Wound Care industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Advance Wound Care market
Analyst at AMA have segmented the market study of Global Advance Wound Care market by Type, Application and Region.
Influencing Trend:
Increasing investment in R&D Advanced Wound Care
Market Growth Drivers:
Increasing prevalence of chronic injuries
Restraints:
High price of advanced wound care products
Opportunities:
Increasing usage of advance wound care in surgical centers
Market Developments Activities:
In December 2020, EyeGate Pharmaceuticals, Inc, a clinical stage company focused on developing products for treating disorders of the eye, today announced the acquisition of Panoptes Pharma, a privately-held clinical stage biotech company focused on developing a novel proprietary small molecule for the treatment of severe eye diseases with a high unmet medical need.
In August 2023, Medela has announced plans to expand its negative pressure wound therapy (NPWT) portfolio with the introduction of the new Invia Integrated Dressing indicated for all types of wounds.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Key Target Audience
Advance Wound Care manufacturer, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others