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Asia - Pacific Advanced Wound Care Market by Product (Infection Management, Exudate Management, Active Wound Care, and Therapy Device), Application (Chronic Wound Care and Acute Wound Care), and End User (Hospital and Community Health Service Center): Opportunity Analysis and Industry Forecast, 2018 - 2025

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LI_18803
Pages: 150
Sep 2018 | 1463 Views
 
Author's : Tenzin Kunsel and Onkar Sumant
Tables: 49
Charts: 67
 

Traditional and advanced wound care products are used to treat acute and chronic wounds. Chronic wounds are wounds that take substantial time to heal and are expensive to treat. Advanced wound care is emerging as a standard solution for treating chronic wounds. Traditional wound care products are being increasingly substituted with advanced wound care products owing to their efficiency and effectiveness in managing wounds by enabling rapid healing. The Asia-Pacific advanced wound care (AWC) market was valued at $1,658 million in 2017, and is projected to reach $3,655 million by 2025, registering a CAGR of 10.4% during the forecast period. 

The growth of the market is attributed to the rapid increase in prevalence of chronic diseases such as diabetes, changes in lifestyles, and attempts to reduce surgical costs by reducing the duration of hospital stays. Other factors such as favorable reimbursement scenario, increase in healthcare expenditure by the government, and rise in inclination toward wound care products that enhance therapeutic outcomes drive the growth of the advanced wound care market. However, high cost of advanced wound care products and low awareness, especially in the under-developed countries are the factors expected to restrain the market growth. 

Product Segment Review

Based on product, the market is categorized into infection management, exudate management, active wound care, and therapy devices. Active wound care segment is the most lucrative market, growing at a high CAGR. This is attributed to low toxicity and biocompatibility characteristics of the products and increase in prevalence of chronic diseases such as diabetes.

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Application Segment Review

Based on application, the market is bifurcated into chronic wound care and acute wound care. Chronic wound care segment is the dominant segment in the Asia-Pacific AWC market in 2017 and is expected to maintain its dominance during the forecast period. This is attributed to rise in aging population, improvement in diagnosis of chronic wounds, and increase in awareness regarding the importance of using advanced wound care to treat chronic wounds

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Asia-Pacific Advanced wound care Market: Key Countries

Country wise, the market is analyzed across Singapore, Malaysia, Japan, China, India, South Korea, Australia, and rest of Asia-Pacific. Japan accounted for the largest market share in the Asia-Pacific advanced wound care market in 2017 and is expected to maintain its dominance throughout the forecast period. However, China is expected to grow at the highest rate during the forecast period.

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Companies have adopted product development and product launch as their key development strategies in the advanced wound care market. The key players of the advanced wound care market studied in this report are 3M Company, Smith & Nephew plc, Coloplast A/S, Medtronic plc, Acelity L.P. Inc., Cardinal Health, Inc., ConvaTec Group Plc, Essity Aktiebolag (BSN Medical GmbH), B. Braun Melsungen AG, and Mölnlycke Health Care AB.

Other prominent players in the value chain include Hollister Incorporated, Medline Industries, Inc., Johnson & Johnson, Baxter International, Triage Meditech, Integra Lifesciences, and Derma Sciences Inc.

Key Benefits for Stakeholders

  • This report entails a detailed quantitative analysis of the current market trends from 2014 to 2025 to identify the prevailing opportunities.
  • The market forecast and opportunities have been provided from 2018 to 2025.
  • Market estimations are based on a comprehensive analysis of the key developments in the industry.
  • The Asia-Pacific market is comprehensively analyzed with respect to product and country.
  • In-depth analysis based on country helps understand the regional market to assist in strategic business planning.
  • The development strategies adopted by key manufacturers are enlisted to understand the competitive scenario of the market.

Key Market Segments

By Product

  • Infection Management
    • Silver Wound Dressing
    • Non-silver Dressing
    • Collagen
  • Exudate Management
    • Hydrocolloid
    • Foam Dressing
    • Alginate
    • Hydrogel 
  • Active Wound Care
    • Skin Substitute
    • Growth Factor
  • Therapy Device
    • Negative Pressure Wound Therapy
    • Oxygen and Hyperbaric Oxygen Equipment
    • Electromagnetic Therapy Device
    • Others

By Application

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

By End User

  • Hospital
  • Community Health Service Centers

By Country

  • Singapore
  • Malaysia
  • Japan
  • China
  • India
  • South Korea
  • Australia
  • Rest of Asia-Pacific
 

Chapter: 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments

1.4. Research methodology

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

Chapter: 2: EXECUTIVE SUMMARY

2.1. CXO perspective

Chapter: 3: MARKET OVERVIEW

3.1. Market Definition and Scope

3.2. Key Findings

3.2.1. Top investment pockets

3.3. Porters Five Forces analysis

3.4. Market Share Analysis
3.5. Market Dynamics

3.5.1. Drivers

3.5.1.1. Rapidly aging population and favorable demographics
3.5.1.2. Technological advancements to deal with complex wounds
3.5.1.3. Increased awareness to reduce healthcare costs

3.5.2. Restrains

3.5.2.1. Reluctance in adoption of new technologies
3.5.2.2. Development of substitute products and lack of sufficient evidence

3.5.3. Opportunities

3.5.3.1. Increased focus toward advanced treatment protocols
3.5.3.2. Significant unmet need in wound care

Chapter: 4: ASIA-PACIFIC ADVANCED WOUND CARE MARKET, BY PRODUCT

4.1. Overview

4.1.1. Market size and forecast, by product

4.2. Infection Management

4.2.1. Key market trends and growth opportunities
4.2.2. Market size and forecast, by type
4.2.3. Silver wound dressings

4.2.3.1. Market size and forecast

4.2.4. Non-silver dressings

4.2.4.1. Market size and forecast

4.2.5. Collagen dressings

4.2.5.1. Market size and forecast

4.3. Exudate Management

4.3.1. Key market trends and opportunities

4.3.2. Market size and forecast, by type
4.3.3. Hydrocolloid dressings

4.3.3.1. Market size and forecast

4.3.4. Foam dressings

4.3.4.1. Market size and forecast

4.3.5. Alginate dressings

4.3.5.1. Market size and forecast

4.3.6. Hydrogel dressings

4.3.6.1. Market size and forecast

4.4. Active Wound Care

4.4.1. Key market trends and opportunities
4.4.2. Market size and forecast, by type
4.4.3. Skin substitutes

4.4.3.1. Market size and forecast

4.4.4. Growth factors

4.4.4.1. Market size and forecast

4.5. Therapy Devices

4.5.1. Key market trends and opportunities
4.5.2. Market size and forecast, by type
4.5.3. Negative pressure wound therapy (NPWT)

4.5.3.1. Market size and forecast

4.5.4. Oxygen and hyperbaric oxygen equipment

4.5.4.1. Market size and forecast

4.5.5. Electromagnetic therapy devices

4.5.5.1. Market size and forecast

4.5.6. Others

4.5.6.1. Market size and forecast

Chapter: 5: ASIA-PACIFIC ADVANCED WOUND CARE MARKET, BY APPLICATION


5.1. Overview

5.1.1. Market size and forecast, by application

5.2. Chronic Wounds

5.2.1. Market size and forecast, by type
5.2.2. Pressure ulcers

5.2.2.1. Market size and forecast

5.2.3. Diabetic foot ulcers

5.2.3.1. Market size and forecast

5.2.4. Venous leg ulcers

5.2.4.1. Market size and forecast

5.2.5. Arterial ulcers

5.2.5.1. Market size and forecast

5.3. Acute Wounds

5.3.1. Key market trends and growth opportunities
5.3.2. Market size and forecast, by type
5.3.3. Burns and trauma

5.3.3.1. Market size and forecast

5.3.4. Surgical wounds

5.3.4.1. Market size and forecast

Chapter: 6: ASIA-PACIFIC ADVANCED WOUND CARE MARKET, BY END USER

6.1. Overview

6.1.1. Market size and forecast, by end user

6.2. Hospitals

6.2.1. Market size and forecast

6.3. Community Health Service Centers

6.3.1. Market size and forecast

Chapter: 7: ASIA-PACIFIC ADVANCED WOUND CARE MARKET, BY COUNTRY

7.1. Overview

7.1.1. Market size and forecast, by country

7.2. Singapore

7.2.1. Market size and forecast

7.3. Malaysia

7.3.1. Market size and forecast

7.4. Japan

7.4.1. Market size and forecast

7.5. China

7.5.1. Market size and forecast

7.6. India

7.6.1. Market size and forecast

7.7. South Korea

7.7.1. Market size and forecast

7.8. Australia

7.8.1. Market size and forecast

7.9. Rest of Asia-Pacific

7.9.1. Market size and forecast

Chapter: 8: COMPANY PROFILES

8.1. 3M Company

8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Operating business segments
8.1.4. Product portfolio
8.1.5. Business performance

8.2. Acelity L.P. Inc.

8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Product portfolio
8.2.5. Business performance
8.2.6. Key strategic moves and developments

8.3. B. Braun Melsungen AG

8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Operating business segments
8.3.4. Product portfolio
8.3.5. Business performance
8.3.6. Key strategic moves and developments

8.4. Cardinal Health, Inc.

8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating business segments
8.4.4. Product portfolio
8.4.5. Business performance

8.5. Coloplast A/S

8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Operating business segments
8.5.4. Product portfolio
8.5.5. Business performance

8.6. ConvaTec Group Plc

8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Operating business segments
8.6.4. Product portfolio
8.6.5. Business performance

8.7. Essity Aktiebolag (BSN Medical GmbH)

8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Product portfolio
8.7.4. Business performance

8.8. Medtronic Plc. (Covidien Ltd.)

8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Operating business segments
8.8.4. Product portfolio
8.8.5. Business performance

8.9. Mlnlycke Health Care AB

8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Operating business segments
8.9.4. Product portfolio
8.9.5. Business performance

8.10. Smith & Nephew Plc.

8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Operating business segments
8.10.4. Product portfolio
8.10.5. Business performance

LIST OF TABLES

TABLE 01. ASIA-PACIFIC ADVANCED WOUND CARE MARKET, BY PRODUCT, 2014-2016 ($MILLION)
TABLE 02. ASIA-PACIFIC ADVANCED WOUND CARE MARKET, BY PRODUCT, 2017-2025 ($MILLION)
TABLE 03. ASIA-PACIFIC ADVANCED WOUND CARE MARKET FOR INFECTION MANAGEMENT, BY TYPE, 2014-2016 ($MILLION)
TABLE 04. ASIA-PACIFIC ADVANCED WOUND CARE MARKET FOR INFECTION MANAGEMENT, BY TYPE, 2017-2025 ($MILLION)
TABLE 05. ASIA-PACIFIC ADVANCED WOUND CARE MARKET FOR EXUDATE MANAGEMENT, BY TYPE, 2014-2016 ($MILLION)
TABLE 06. ASIA-PACIFIC ADVANCED WOUND CARE MARKET FOR EXUDATE MANAGEMENT, BY TYPE, 2017-2025 ($MILLION)
TABLE 07. ASIA-PACIFIC ADVANCED WOUND CARE MARKET FOR ACTIVE WOUND CARE, BY TYPE, 2014-2016 ($MILLION)
TABLE 08. ASIA-PACIFIC ADVANCED WOUND CARE MARKET FOR ACTIVE WOUND CARE, BY TYPE, 2017-2025 ($MILLION)
TABLE 09. ASIA-PACIFIC ADVANCED WOUND CARE MARKET FOR THERAPY DEVICES, BY TYPE, 2014-2016 ($MILLION)
TABLE 10. ASIA-PACIFIC ADVANCED WOUND CARE MARKET FOR THERAPY DEVICES, BY TYPE, 2017-2025 ($MILLION)
TABLE 11. ASIA-PACIFIC ADVANCED WOUND CARE MARKET, BY APPLICATION, 2014-2016 ($MILLION)
TABLE 12. ASIA-PACIFIC ADVANCED WOUND CARE MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 13. ASIA-PACIFIC ADVANCED CHRONIC WOUND CARE MARKET, BY TYPE, 2014-2016 ($MILLION)
TABLE 14. ASIA-PACIFIC ADVANCED CHRONIC WOUND CARE MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 15. ASIA-PACIFIC ADVANCED ACUTE WOUND CARE MARKET, BY TYPE, 2014-2016 ($MILLION)
TABLE 16. ASIA-PACIFIC ADVANCED ACUTE WOUND CARE MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 17. ASIA-PACIFIC ADVANCED WOUND CARE MARKET, BY END USER, 2014-2016 ($MILLION)
TABLE 18. ASIA-PACIFIC ADVANCED WOUND CARE MARKET, BY END USER, 2017-2025 ($MILLION)
TABLE 19. ASIA-PACIFIC ADVANCED WOUND CARE MARKET, BY COUNTRY, 2014-2016 ($MILLION)
TABLE 20. ASIA-PACIFIC ADVANCED WOUND CARE MARKET, BY COUNTRY, 2017-2025 ($MILLION)
TABLE 21. 3M: COMPANY SNAPSHOT
TABLE 22. 3M: OPERATING SEGMENTS
TABLE 23. 3M: PRODUCT PORTFOLIO
TABLE 24. ACELITY: COMPANY SNAPSHOT
TABLE 25. ACELITY: OPERATING SEGMENTS
TABLE 26. ACELITY: PRODUCT PORTFOLIO
TABLE 27. B. BRAUN: COMPANY SNAPSHOT
TABLE 28. B. BRAUN: OPERATING SEGMENTS
TABLE 29. B. BRAUN: PRODUCT PORTFOLIO
TABLE 30. CARDINAL HEALTH: COMPANY SNAPSHOT
TABLE 31. CARDINAL HEALTH: OPERATING SEGMENTS
TABLE 32. CARDINAL HEALTH: PRODUCT PORTFOLIO
TABLE 33. COLOPLAST: COMPANY SNAPSHOT
TABLE 34. COLOPLAST: OPERATING SEGMENTS
TABLE 35. COLOPLAST: PRODUCT PORTFOLIO
TABLE 36. CONVATEC: COMPANY SNAPSHOT
TABLE 37. CONVATEC: OPERATING SEGMENTS
TABLE 38. CONVATEC: PRODUCT PORTFOLIO
TABLE 39. ESSITY: COMPANY SNAPSHOT
TABLE 40. ESSITY: PRODUCT PORTFOLIO
TABLE 41. MEDTRONIC: COMPANY SNAPSHOT
TABLE 42. MEDTRONIC: OPERATING SEGMENTS
TABLE 43. MEDTRONIC: PRODUCT PORTFOLIO
TABLE 44. MOLNLYCKE: COMPANY SNAPSHOT
TABLE 45. MOLNLYCKE: OPERATING SEGMENTS
TABLE 46. MOLNLYCKE: PRODUCT PORTFOLIO
TABLE 47. SMITH & NEPHEW: COMPANY SNAPSHOT
TABLE 48. SMITH & NEPHEW: PRODUCT SEGMENTS
TABLE 49. SMITH & NEPHEW: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01. ASIA-PACIFIC ADVANCED WOUND CARE MARKET SEGMENTATION
FIGURE 02. TOP INVESTMENT POCKETS
FIGURE 03. HIGH BARGAINING POWER OF BUYERS
FIGURE 04. MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 05. HIGH THREAT OF NEW ENTRANTS
FIGURE 06. LOW THREAT OF SUBSTITUTION
FIGURE 07. HIGH COMPETITIVE RIVALRY
FIGURE 08. MARKET SHARE ANALYSIS, 2017
FIGURE 09. ASIA-PACIFIC SILVER WOUND DRESSINGS MARKET, 2014-2025 ($MILLION)
FIGURE 10. ASIA-PACIFIC NON-SILVER DRESSINGS MARKET, 2014-2025 ($MILLION)
FIGURE 11. ASIA-PACIFIC COLLAGEN DRESSINGS MARKET, 2014-2025 ($MILLION)
FIGURE 12. ASIA-PACIFIC HYDROCOLLOIDS DRESSINGS MARKET, 2014-2025 ($MILLION)
FIGURE 13. ASIA-PACIFIC FOAM DRESSINGS MARKET, 2014-2025 ($MILLION)
FIGURE 14. ASIA-PACIFIC ALGINATE DRESSINGS MARKET, 2014-2025 ($MILLION)
FIGURE 15. ASIA-PACIFIC HYDROGEL DRESSINGS MARKET, 2014-2025 ($MILLION)
FIGURE 16. ASIA-PACIFIC SKIN SUBSTITUTES MARKET, 2014-2025 ($MILLION)
FIGURE 17. ASIA-PACIFIC GROWTH FACTORS MARKET, 2014-2025 ($MILLION)
FIGURE 18. ASIA-PACIFIC NEGATIVE PRESSURE WOUND THERAPY MARKET, 2014-2025 ($MILLION)
FIGURE 19. ASIA-PACIFIC OXYGEN AND HYPERBARIC OXYGEN EQUIPMENT MARKET, 2014-2025 ($MILLION)
FIGURE 20. ASIA-PACIFIC ELECTROMAGNETIC THERAPY DEVICES MARKET, 2014-2025 ($MILLION)
FIGURE 21. ASIA-PACIFIC ADVANCED WOUND CARE MARKET FOR OTHERS, 2014-2025 ($MILLION)
FIGURE 22. ASIA-PACIFIC PRESSURE ULCERS MARKET, 2014-2025 ($MILLION)
FIGURE 23. ASIA-PACIFIC DIABETIC FOOT ULCER MARKET, 2014-2025 ($MILLION)
FIGURE 24. ASIA-PACIFIC VENOUS ULCERS MARKET, 2014-2025 ($MILLION)
FIGURE 25. ASIA-PACIFIC ARTERIAL ULCERS MARKET, 2014-2025 ($MILLION)
FIGURE 26. ASIA-PACIFIC BURNS AND TRAUMA MARKET, 2014-2025 ($MILLION)
FIGURE 27. ASIA-PACIFIC SURGICAL WOUND MARKET, 2014-2025 ($MILLION)
FIGURE 28. ASIA-PACIFIC ADVANCED WOUND CARE MARKET FOR HOSPITALS, 2014-2025 ($MILLION)
FIGURE 29. ASIA-PACIFIC ADVANCED WOUND CARE MARKET FOR COMMUNITY HEALTH SERVICES CENTER, 20142025 ($MILLION)
FIGURE 30. SINGAPORE ADVANCED WOUND CARE MARKET, 2014-2025 ($MILLION)
FIGURE 31. MALAYSIA ADVANCED WOUND CARE MARKET, 2014-2025 ($MILLION)
FIGURE 32. JAPAN ADVANCED WOUND CARE MARKET, 2014-2025 ($MILLION)
FIGURE 33. CHINA ADVANCED WOUND CARE MARKET, 2014-2025 ($MILLION)
FIGURE 34. INDIA ADVANCED WOUND CARE MARKET, 2014-2025 ($MILLION)
FIGURE 35. SOUTH KOREA ADVANCED WOUND CARE MARKET, 2014-2025 ($MILLION)
FIGURE 36. AUSTRALIA ADVANCED WOUND CARE MARKET, 2014-2025 ($MILLION)
FIGURE 37. REST OF ASIA-PACIFIC ADVANCED WOUND CARE MARKET, 2014-2025 ($MILLION)
FIGURE 38. 3M: NET SALES, 2015-2017 ($MILLION)
FIGURE 39. 3M: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 40. 3M: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 41. ACELITY: NET SALES, 2013-2015 ($MILLION)
FIGURE 42. ACELITY: REVENUE SHARE BY SEGMENT, 2015 (%)
FIGURE 43. ACELITY: REVENUE SHARE BY GEOGRAPHY, 2015 (%)
FIGURE 44. B. BRAUN: NET SALES, 2015-2017 ($MILLION)
FIGURE 45. B. BRAUN: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 46. B. BRAUN: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 47. CARDINAL HEALTH: NET SALES, 2015-2017 ($MILLION)
FIGURE 48. CARDINAL HEALTH: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 49. CARDINAL HEALTH: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 50. COLOPLAST: NET SALES, 2015-2017 ($MILLION)
FIGURE 51. COLOPLAST: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 52. COLOPLAST: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 53. CONVATEC: NET SALES, 2015-2017 ($MILLION)
FIGURE 54. CONVATEC: REVENUE SHARE BY PRODUCT, 2017 (%)
FIGURE 55. CONVATEC: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 56. ESSITY: NET SALES, 2015-2017 ($MILLION)
FIGURE 57. ESSITY: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 58. ESSITY: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 59. MEDTRONIC: NET SALES, 2015-2017 ($MILLION)
FIGURE 60. MEDTRONIC: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 61. MEDTRONIC: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 62. MOLNLYCKE: NET SALES, 2015-2017 ($MILLION)
FIGURE 63. MOLNLYCKE: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 64. MOLNLYCKE: REVENUE SHARE BY REGION, 2017 (%)
FIGURE 65. SMITH & NEPHEW: NET SALES, 2015-2017 ($MILLION)
FIGURE 66. SMITH & NEPHEW: REVENUE SHARE BY PRODUCT, 2017 (%)
FIGURE 67. SMITH & NEPHEW: REVENUE SHARE BY GEOGRAPHY, 2017 (%)

 

 

Advanced wound care products are mostly used in the treatment of chronic wounds that require significant amount of time to heal and require expensive treatment. Advanced wound care products are gradually replacing traditional wound care products, as advanced wound care products have better efficacy and efficiency at managing and treating chronic and acute wounds. 

The advanced wound care market has fueled the interest of the healthcare industry, owing to its use in managing wounds by enabling rapid healing, few issues concerning drainage and, in certain cases, less risk of an infection. 

Rapid increase in incidence of chronic diseases such as diabetes, changes in lifestyles, and attempts to reduce surgical costs by minimizing the duration of hospital stays are the major factors that drive the growth of the Asia-Pacific advanced wound care market. In addition, favorable reimbursement scenario, increase in healthcare expenditure by the government, and rise in inclination toward wound care products that enhance therapeutic outcomes are anticipated to boost the demand for advanced wound care in the near future, thereby propelling the market growth. However, stringent regulations towards advanced wound care, high cost of the treatment, and low reimbursement policy are projected to hamper the market growth.

 

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