PUNE, India, Dec. 30, 2020
PUNE, India, Dec. 30, 2020 /PRNewswire/ -- ReportsnReports added "Advanced Wound Care (AWC) -Market Insights, Competitive Landscape and Market Forecast-2025" Research Report to its online database and report delivers an in-depth understanding of advanced wound care and the historical and forecasted advanced wound care market trends in the US, EU5 (Germany, Spain, Italy, France and United Kingdom) and Japan.
The advanced wound care market report provides an overview of advanced wound care, applications of advanced wound care as well as its advantages and limitations. Additionally, the report provides insight on the AWC market share of the individual AWC devices, current and forecasted AWC market size from 2017 to 2025 segmented by seven major markets. The report also covers the market drivers, market barriers and unmet medical needs to curate best of the opportunities and assesses underlying potential of the market.
Browse Complete Report of Advanced Wound Care Market Research Report with 102 no. of pages, 33 list of tables and 35 list of figurers at https://www.reportsnreports.com/reports/3852806-advanced-wound-care-awc-market-insights-competitive-landscape-and-market-forecast-2025.html
Advanced Wound Care Overview
The rising demand for acute wound care products in the market is majorly due to the increasing acute and chronic disorders. The traditional forms of wound care products are not only ineffective in treating chronic wounds but also involve a steady process of healing, hence, there is a huge demand for these products within the market. Owing to the prolonged treatment process that chronic wounds need and the cost incurred during the treatment, advanced wound care products definitely hold an upper edge. Apart from this, there are several other reasons why advanced wound care products are extremely beneficial in treatment of acute and chronic wounds. This involves maintaining a hydrating environment at the wound site, preventing any sort of exogenous infection, maintaining a continued flow of oxygen etc. AWC products are an alternative to the traditional wound care products, majorly designed for people suffering from wounds that are caused due to diabetes or ulcers. AWC products form a major ratio for treatment of complicated external wounds in hospitals and clinics. As more and more traditional wound care products are fading out, the manufacturers are trying to develop advanced forms of wound care products with greater efficiency and fast healing properties.
Diabetes is a chronic condition and leads to formation of diabetic foot ulcers, which may turn out to be infectious. Advanced care products are therefore made to ease the suffering of patients dealing with such forms of chronic conditions. They are also used in the treatment of pressure ulcers, extremely prevalent in the North American region. AWC products would include hydrogels, hydrocolloids, alginates, films and foam dressings. Seaweed extracted alginate is available in a variety of shapes to cover the wounded site and eliminate the bacteria. Hydrocolloid dressings would have hydrophilic substances like gelatin and cellulose, which intake all the bacteria, dirt and fluids from the wound.
Study Period: 2017-2025
List of Companies:-
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Advanced Wound Care- Competitive Analysis
This segment of the report provides a brief competitive analysis of advanced wound care, to help understand the competition in the market. It gives a comparative understanding of the products based on types of wounds.
Advanced Wound Care: Market Analysis
This segment illustrates the market of advanced wound care across 7MM and how the market is expected to rise in the study period (2017 to 2025), at a significant CAGR.
Advanced Wound Care: Market Segmentation
Active Wound Care
Therapies and Devices
Advanced Wound Care: Market Drivers and Barriers
The report provides insights into the market driving factors and the barriers shaping the advanced wound care market.
The growth of AWC market is driven by the high prevalence of chronic conditions like diabetes and ulcers, which are a major reason for increase in chronic wounds such as diabetes foot ulcers, surgical wounds and infections. An escalating geriatric population and a preferred demand for faster recovery via minimally-invasive forms of treatments are some of the other market drivers associated with AWC products.
However, higher treatment cost incurred during the treatment with Advanced Wound Care products and lack of proper reimbursements are some of the barriers that can obstruct the propelling growth of the AWC market.
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There have been various developments and collaborations in the field of advanced wound care products. UPM Biomedicals recently launched an innovative advanced wound care product called FibDex, made of wood-based nanofibrillar cellulose for the European market. The product has received the CE mark approval in the late 2019. The year 2019 was marked by some of the notable acquitions in the AWC market. Smith & Nephew acquired Osiris Therapeutics and Leaf Healthcare; and the 3M Company acquired Acelity (KCI + Systagenix) for USD 6.7 billion. These companies were amongst the top-6 players in the Advanced Wound Care market before there acquisition and the combined entity will command a very high scale, particularly in the US (comprising about half of the global market). There have been a number of other acquisitions that have taken place in the year 2019 like the Mölnlycke Health Care's acquisition of M&J Airlaid and Urgo Medical's acquisition of Realm Therapeutics (Vashe).
To keep up with the market trends, we take KOLs and SME's opinion working in advanced wound care domain through primary research to fill the data gaps and validate our secondary research. Their opinion helps to understand and validate current and emerging therapies treatment patterns or AWC Devices market trend. This will support the clients in making informed business decisions by identifying the overall scenario of the market and the unmet needs.
Scope of the Report
Advanced Wound Care Report Key Strengths
Advanced Wound Care Report Assessment
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