Global Advanced Wound Care Market - 2019-2026
|先進創傷ケアの世界市場の分析・予測 Global Advanced Wound Care Market - 2019-2026|
|出版日: 2020年01月01日||ページ情報: 英文||
The Global Advanced Wound Care market is estimated to reach a market value of USD 12,745.24 million by 2025 from an initial market value of USD 8,588.78 million in 2018. The market is forecasted to grow at a CAGR of 5.06% in the period 2019-2026.
Advancements in technologies, increasing aging population, rising prevalence of diabetics, and increasing patient awareness and raising patient healthcare expenditure are some of the key factors driving the growth of the market. The advancement in technologies in wound care products has significantly influenced the preferment of advanced products over traditional ones by clinicians and patients. Advanced wound care technology - including V.A.C. technology by Kinetic Concepts that develops and promotes NPWT products, and hydro fiber and hydrocolloid technologies by ConvaTec - include some of the portable and user-friendly products introduced in the market.
Advanced wound care products are expensive compared to traditional wound dressing techniques. Therefore, many patients opt for traditional dressings despite its slow healing process. This is one of the major challenge for the growth of the advanced wound dressings market globally. The cost of treating chronic wounds in the U.S. is extremely high, with the charge per case ranging from $2,000 to $10,000 depending upon the condition and nursing costs. The cost of managing a pressure ulcer is estimated to be between $7,000 and $55,000 in the U.S., while the annual cost of all treatment is valued in billions. Unfavourable reimbursement policies is also restraining the growth of the market.
Segmentation by Products
Exudate is the fluid leaking from the wound, which has a vital role in the healing process. It is mainly water but also consists of nutrients, proteins, waste products and various types of cells such as platelets and macrophages. Exudate management accounts for 32.10% of the total advanced wound care market in 2017.
Foam Dressing market account for the largest market share of 32% in 2017. The adoption of foam dressing is estimated to rise regardless of high prices majorly due to the large applications and flexibility in maintaining a moist atmosphere for diverse wound types. Some of the major players in the foam wound dressing segment include 3M Company, Smith & Nephew plc, ConvaTec, Inc. Acelity, Molnlycke Healthcare, Medline Industries, Hollister, Hartmann Paul, Derma Sciences, and Coloplast among others.
Segmentation by Wound Type
The advanced wound care market by wound type is segmented into chronic wounds and acute wounds. The chronic wounds market is the largest market and is estimated to have a market value of USD 8,102.75 million in 2021. In chronic wounds, venous pressure ulcer accounts for the largest market share followed by Diabetic Foot Ulcer. The prevalence of venous leg ulcer in U.K. is 1 to 3 per 1,000. Venous leg ulcer increases with age and reaches 16 to 18 per 1,000 in the 75+ age group. Changing reimbursement scenarios of biological products, increasing preferences of moist wound dressing products and growing prevalence of venous leg ulcer are the major factors driving the growth of the Venous leg ulcer market.
Segmentation by Geography
North American market is expected to retain its dominant position globally by the end of forecasted period owing to a high incidence rate of diabetic foot ulcer cases. Moreover, other regions such as South-East Asia are also expected to grow at a higher rate due to the high incidence of severe burn-related wounds in such regions. The advanced wound care market is expected to witness high growth rate in developing countries such as China. India and Brazil. Large innovations and high product launches are witnessed in the North America and European regions. Companies headquartered in developed region dominate the market share due to their advancements and innovations in product development.
The global advanced wound care market is a consolidated market with top 8 companies accounting for more than 75% of the market share. Acelity is the leading company in the advanced wound care market accounting for around 19% of the global share in 2017. Efficient distribution networks, product differentiation and supply competency play a major role in determining the market position of major companies. The market in North America and Europe are fairly consolidated while the market is fairly fragmented in Asia-Pacific region due to the presence of a large number of companies.
Key market segments covered
Segmentation by Products
Silicone Lite Foam Dressing
Silicone absorbent Dressing
Silicone gel Sheets
Silver Wound Dressing
Active Wound Care
Bioengineered skin/synthetic Substitutes
Negative Pressure Wound Therapies (NPWT Devices)
Conventional Negative Pressure Wound Therapy
Single Use Negative Pressure Wound Therapy
Hyperbaric Oxygen Therapy
Ultrasonic Mist and Electrical Stimulation Devices
1Full Compression - 2 layer
By Wound Type
Pressure Ulcer (PU)
Venous Leg Ulcer (VLU)
Diabetic Foot Ulcer (DFU)