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Traditional wound care & closure and advanced wound care & closure products are used to treat acute and chronic wounds. Chronic wounds are hard to heal wounds, which take substantial time to heal and are expensive to treat. Advanced wound care & closure products are emerging as a standard solution for treating chronic wounds. Traditional wound care & closure products are being increasingly substituted with advanced wound care & closure products due to their efficacy and effectiveness in managing wounds by enabling faster healing.
Attempts to reduce the duration of hospital stays in order to limit surgical healthcare costs, and the rising inclination towards products that enhance therapeutic outcomes are driving the demand for advanced wound care & closure products. The risks associated with ineffective wound healing promote the demand for combination dressings, which is a modern trend in the market that is replacing traditional wound dressing methods.
Smith and Nephew, Kinetic Concepts, 3M, BSN medical, Covidien, ConvaTech, Derma Sciences, Integra LifeSciences, Baxter International and Coloplast are some of the major players in the global advanced wound care and closure market.
The global advanced wound care and closure market has been segmented based on type, application, end users and geography. Based on type, the global market is segmented into advanced wound closure market and advanced wound care market. According to applications, the market is segmented into Burns, Ulcers and Surgical Wounds. Based on end users, the market is segmented into hospitals & community healthcare services and home healthcare. Geographically, the market is segmented into four regions, namely North America, Europe, Asia-Pacific and LAMEA.
Key Benefits
Key Market Segments
Global advanced wound care and closure market is categorized into types, applications, end user and geography.
MARKET BY TYPE
MARKET BY APPLICATION
MARKET BY END-USER
MARKET BY GEOGRAPHY
Advanced wound care and closure products have emerged as the promising solution in wound management. Wound closure devices, Haemostatic and sealing agents, and topical adhesives has proven their effectiveness in wound closing over traditional sutures and stapling wound closures as these advanced wound closures support scar free surgeries and offer number of benefits over conventional solutions. Moist wound dressings and composite dressings has changed the wound healing process. Traditional dressings are being increasingly substituted with moist and composite wound dressings, mainly due to their effectiveness in managing wounds by promoting faster healing. Active wound care has emerged as a most potent segment of advanced wound care and would become most preferable solution for wound management. Therapy devices such as Negative Pressure Wound Therapy systems, Pressure relief devices and other devices under clinical studies are the noval approach in the wound management. Rising lifestyle diseases that lead to chronic wounds such as diabetic foot ulcers and growing number of cosmetic, plastic and other surgical procedures has boosted the market growth. However, Reimbursement for advanced wound care and wound closure products is complex as these products are very expensive and experiencing significant price pressures.
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