Product Code: PM1127
The global Advanced Wound Care market size is expected to reach USD 16.66 billion by 2032 according to a new study by Polaris Market Research. The report "Advanced Wound Care Market Share, Size, Trends, Industry Analysis Report, By Product (Dressings, Devices & Accessories, Grafts & Matrices, Topical Agents); By Wound Type; By End-Use; By Region; Segment Forecast, 2022 - 2030" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The availability of medical reimbursements by the government for advanced healing treatment and the increasing medical expenditure are the factors that are driving the industry growth during the forecast period. For instance, the NPWT (Negative Pressure Wound Therapy) is reimbursed in hospital cases for various chronic injuries such as diabetic foot ulcers, surgeries, and others.
When compared to the 2016 healthcare expenditure, the Federal Statistical Office forecasted a 4.9% increase in health expenditure to EUR 374.2 billion (~$450 billion) in 2017. The Consolidated Appropriations Act, 2016 offers specialized Medicare-based health-based agencies to cover the cost of medication.
Further, because of a robust product portfolio and impressive distribution networks of big corporations in emerging and developed nations, the market is highly consolidated. For instance, in January 2022, the US Food and Drug Administration (FDA) authorized PolarityTE, Inc.'s investigational new drug (IND) application for SkinTE's study in the advanced treatment of persistent cutaneous ulcers. Thus, these factors are boosting the growth of the market.
Hospital's settings segment accounted for the leading share in the market. This high share is primarily due to the rise in the number of patients being admitted to such medical settings. Because of the growing number of stand-alone clinics in emerging and developed nations, the clinic's segment is predicted to grow at a rapid rate throughout the forecast period.
Market players such as Molnlycke Health Care AB, Baxter International, Coloplast Corp., Convatec Group Plc, 3M, Derma Sciences (Integra Lifesciences), Medtronic, Smith & Nephew, Medline Industries, and Urgo Medical are some key players operating in the global market.
In February 2021, the CE mark has been awarded to AxioBiosolutions, an Indian company, for the next advanced healing and treatment product line, MaxioCel. MaxioCel is a next-generation advanced dressing treatment solution developed on Bioactive Microfiber Gelling technology that promotes faster granulation and improves healing.
Polaris Market Research has segmented the advanced wound care market report based on product, wound type, end-use, and region:
Advanced Wound Care, Product Outlook (Revenue - USD Billion, 2018 - 2030)
- Dressings
- Foam Dressings
- Silicone Dressings
- Non-silicone Dressings
- Hydrocolloid Dressings
- Film Dressings
- Alginate Dressings
- Hydrogel Dressings
- Collagen Dressings
- Hydrofiber Dressings
- Contact Layers
- Superabsorbent Dressings
- Other Advanced Dressings
- Devices & Accessories
- NPWT Devices & Accessories
- Debridement Devices & Accessories
- Assessment & Monitoring Devices
- Other Devices & Accessories
- Grafts & Matrices
- Topical Agents
Advanced Wound Care, Wound Type Outlook (Revenue - USD Billion, 2018 - 2030)
- Surgical & Traumatic
- Diabetic Foot Ulcers
- Pressure Ulcers
- Venous Leg Ulcers
- Burns & Other
Advanced Wound Care, End-Use Outlook (Revenue - USD Billion, 2018 - 2030)
- Hospitals, ASCs, and Wound Care Centers
- Home Care Settings
- Other End Users
Advanced Wound Care, Regional Outlook (Revenue - USD Billion, 2018 - 2030)
- North America
- U.S.
- Canada
- Europe
- France
- Germany
- UK
- Italy
- Spain
- Netherlands
- Russia
- Asia Pacific
- China
- India
- Japan
- Malaysia
- South Korea
- Indonesia
- Latin America
- Mexico
- Brazil
- Argentina
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Advanced Wound Care Market Insights
- 4.1. Advanced Wound Care - Industry Snapshot
- 4.2. Advanced Wound Care Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increasing prevalence of diabetes
- 4.2.1.2. Rising geriatric population
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High therapy cost
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Advanced Wound Care Market Industry Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Advanced Wound Care Market, by Product
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Advanced Wound Care Market, by Product, 2018 - 2030 (USD Billion)
- 5.3. Dressings
- 5.3.1. Global Advanced Wound Care Market, by Dressings, by Region, 2018 - 2030 (USD Billion)
- 5.3.2. Foam Dressings
- 5.3.2.1. Global Advanced Wound Care Market, by Foam Dressings, by Region, 2018 - 2030 (USD Billion)
- 5.3.3. Silicone Dressings
- 5.3.3.1. Global Advanced Wound Care Market, by Silicone Dressings, by Region, 2018 - 2030 (USD Billion)
- 5.3.4. Non-silicone Dressings
- 5.3.4.1. Global Advanced Wound Care Market, by Non-silicone Dressings, by Region, 2018 - 2030 (USD Billion)
- 5.3.5. Hydrocolloid Dressings
- 5.3.5.1. Global Advanced Wound Care Market, by Hydrocolloid Dressings, by Region, 2018 - 2030 (USD Billion)
- 5.3.6. Film Dressings
- 5.3.6.1. Global Advanced Wound Care Market, by Film Dressings, by Region, 2018 - 2030 (USD Billion)
- 5.3.7. Alginate Dressings
- 5.3.7.1. Global Advanced Wound Care Market, by Alginate Dressings, by Region, 2018 - 2030 (USD Billion)
- 5.3.8. Hydrogel Dressings
- 5.3.8.1. Global Advanced Wound Care Market, by Hydrogel Dressings, by Region, 2018 - 2030 (USD Billion)
- 5.3.9. Collagen Dressings
- 5.3.9.1. Global Advanced Wound Care Market, by Collagen Dressings, by Region, 2018 - 2030 (USD Billion)
- 5.3.10. Hydrofiber Dressings
- 5.3.10.1. Global Advanced Wound Care Market, by Hydrofiber Dressings, by Region, 2018 - 2030 (USD Billion)
- 5.3.11. Wound Contact Layers
- 5.3.11.1. Global Advanced Wound Care Market, by Wound Contact Layers, by Region, 2018 - 2030 (USD Billion)
- 5.3.12. Superabsorbent Dressings
- 5.3.12.1. Global Advanced Wound Care Market, by Superabsorbent Dressings, by Region, 2018 - 2030 (USD Billion)
- 5.3.13. Other Advanced Dressings
- 5.3.13.1. Global Advanced Wound Care Market, by Other Advanced Dressings, by Region, 2018 - 2030 (USD Billion)
- 5.4. Devices & Accessories
- 5.4.1. Global Advanced Wound Care Market, by Devices & Accessories, by Region, 2018 - 2030 (USD Billion)
- 5.4.2. NPWT Devices & Accessories
- 5.4.2.1. Global Advanced Wound Care Market, by NPWT Devices & Accessories, by Region, 2018 - 2030 (USD Billion)
- 5.4.3. Debridement Devices & Accessories
- 5.4.3.1. Global Advanced Wound Care Market, by Debridement Devices & Accessories, by Region, 2018 - 2030 (USD Billion)
- 5.4.4. Assessment & Monitoring Devices
- 5.4.4.1. Global Advanced Wound Care Market, by Assessment & Monitoring Devices, by Region, 2018 - 2030 (USD Billion)
- 5.4.5. Other Devices & Accessories
- 5.4.5.1. Global Advanced Wound Care Market, by Other Devices & Accessories, by Region, 2018 - 2030 (USD Billion)
- 5.5. Grafts & Matrices
- 5.5.1. Global Advanced Wound Care Market, by Grafts & Matrices, by Region, 2018 - 2030 (USD Billion)
- 5.6. Topical Agents
- 5.6.1. Global Advanced Wound Care Market, by Topical Agents, by Region, 2018 - 2030 (USD Billion)
6. Global Advanced Wound Care Market, by Wound Type
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Advanced Wound Care Market, by Wound Type, 2018 - 2030 (USD Billion)
- 6.3. Surgical & Traumatic
- 6.3.1. Global Advanced Wound Care Market, by Surgical & Traumatic, by Region, 2018 - 2030 (USD Billion)
- 6.4. Diabetic Foot Ulcers
- 6.4.1. Global Advanced Wound Care Market, by Diabetic Foot Ulcers, by Region, 2018 - 2030 (USD Billion)
- 6.5. Pressure Ulcers
- 6.5.1. Global Advanced Wound Care Market, by Pressure Ulcers, by Region, 2018 - 2030 (USD Billion)
- 6.6. Venous Leg Ulcers
- 6.6.1. Global Advanced Wound Care Market, by Venous Leg Ulcers, by Region, 2018 - 2030 (USD Billion)
- 6.7. Burns & Other Wounds
- 6.7.1. Global Advanced Wound Care Market, by Burns & Other Wounds, by Region, 2018 - 2030 (USD Billion)
7. Global Advanced Wound Care Market, by End-Use
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Advanced Wound Care Market, by End-Use, 2018 - 2030 (USD Billion)
- 7.3. Hospitals, ASCs, and Wound Care Centers
- 7.3.1. Global Advanced Wound Care Market, by Hospitals, ASCs, and Wound Care Centers, by Region, 2018 - 2030 (USD Billion)
- 7.4. Home Care Settings
- 7.4.1. Global Advanced Wound Care Market, by Home Care Settings, by Region, 2018 - 2030 (USD Billion)
- 7.5. Others
- 7.5.1. Global Other Advanced Wound Care Market, by Region, 2018 - 2030 (USD Billion)
8. Global Advanced Wound Care Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Advanced Wound Care Market Assessment, By Geography, 2018 - 2030 (USD Billion)
- 8.3. Advanced Wound Care Market - North America
- 8.3.1. North America: Advanced Wound Care Market, by Product, 2018 - 2030 (USD Billion)
- 8.3.2. North America: Advanced Wound Care Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.3.3. North America: Advanced Wound Care Market, by Wound Type, 2018 - 2030 (USD Billion)
- 8.3.4. Advanced Wound Care Market - U.S.
- 8.3.4.1. U.S.: Advanced Wound Care Market, by Product, 2018 - 2030 (USD Billion)
- 8.3.4.2. U.S.: Advanced Wound Care Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.3.4.3. U.S.: Advanced Wound Care Market, by Wound Type, 2018 - 2030 (USD Billion)
- 8.3.5. Advanced Wound Care Market - Canada
- 8.3.5.1. Canada: Advanced Wound Care Market, by Product, 2018 - 2030 (USD Billion)
- 8.3.5.2. Canada.: Advanced Wound Care Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.3.5.3. Canada: Advanced Wound Care Market, by Wound Type, 2018 - 2030 (USD Billion)
- 8.4. Advanced Wound Care Market - Europe
- 8.4.1. Europe: Advanced Wound Care Market, by Product, 2018 - 2030 (USD Billion)
- 8.4.2. Europe.: Advanced Wound Care Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.4.3. Europe: Advanced Wound Care Market, by Wound Type, 2018 - 2030 (USD Billion)
- 8.4.4. Advanced Wound Care Market - UK
- 8.4.4.1. UK: Advanced Wound Care Market, by Product, 2018 - 2030 (USD Billion)
- 8.4.4.2. UK.: Advanced Wound Care Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.4.4.3. UK: Advanced Wound Care Market, by Wound Type, 2018 - 2030 (USD Billion)
- 8.4.5. Advanced Wound Care Market - France
- 8.4.5.1. France: Advanced Wound Care Market, by Product, 2018 - 2030 (USD Billion)
- 8.4.5.2. France.: Advanced Wound Care Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.4.5.3. France: Advanced Wound Care Market, by Wound Type, 2018 - 2030 (USD Billion)
- 8.4.6. Advanced Wound Care Market - Germany
- 8.4.6.1. Germany: Advanced Wound Care Market, by Product, 2018 - 2030 (USD Billion)
- 8.4.6.2. Germany.: Advanced Wound Care Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.4.6.3. Germany: Advanced Wound Care Market, by Wound Type, 2018 - 2030 (USD Billion)
- 8.4.7. Advanced Wound Care Market - Italy
- 8.4.7.1. Italy: Advanced Wound Care Market, by Product, 2018 - 2030 (USD Billion)
- 8.4.7.2. Italy.: Advanced Wound Care Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.4.7.3. Italy: Advanced Wound Care Market, by Wound Type, 2018 - 2030 (USD Billion)
- 8.4.8. Advanced Wound Care Market - Spain
- 8.4.8.1. Spain: Advanced Wound Care Market, by Product, 2018 - 2030 (USD Billion)
- 8.4.8.2. Spain.: Advanced Wound Care Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.4.8.3. Spain: Advanced Wound Care Market, by Wound Type, 2018 - 2030 (USD Billion)
- 8.4.9. Advanced Wound Care Market - Netherlands
- 8.4.9.1. Netherlands: Advanced Wound Care Market, by Product, 2018 - 2030 (USD Billion)
- 8.4.9.2. Netherlands.: Advanced Wound Care Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.4.9.3. Netherlands: Advanced Wound Care Market, by Wound Type, 2018 - 2030 (USD Billion)
- 8.4.10. Advanced Wound Care Market - Russia
- 8.4.10.1. Russia: Advanced Wound Care Market, by Product, 2018 - 2030 (USD Billion)
- 8.4.10.2. Russia.: Advanced Wound Care Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.4.10.3. Russia: Advanced Wound Care Market, by Wound Type, 2018 - 2030 (USD Billion)
- 8.5. Advanced Wound Care Market - Asia Pacific
- 8.5.1. Asia Pacific: Advanced Wound Care Market, by Product, 2018 - 2030 (USD Billion)
- 8.5.2. Asia Pacific.: Advanced Wound Care Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.5.3. Asia Pacific: Advanced Wound Care Market, by Wound Type, 2018 - 2030 (USD Billion)
- 8.5.4. Advanced Wound Care Market - China
- 8.5.4.1. China: Advanced Wound Care Market, by Product, 2018 - 2030 (USD Billion)
- 8.5.4.2. China.: Advanced Wound Care Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.5.4.3. China: Advanced Wound Care Market, by Wound Type, 2018 - 2030 (USD Billion)
- 8.5.5. Advanced Wound Care Market - India
- 8.5.5.1. India: Advanced Wound Care Market, by Product, 2018 - 2030 (USD Billion)
- 8.5.5.2. India.: Advanced Wound Care Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.5.5.3. India: Advanced Wound Care Market, by Wound Type, 2018 - 2030 (USD Billion)
- 8.5.6. Advanced Wound Care Market - Malaysia
- 8.5.6.1. Malaysia: Advanced Wound Care Market, by Product, 2018 - 2030 (USD Billion)
- 8.5.6.2. Malaysia.: Advanced Wound Care Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.5.6.3. Malaysia: Advanced Wound Care Market, by Wound Type, 2018 - 2030 (USD Billion)
- 8.5.7. Advanced Wound Care Market - Japan
- 8.5.7.1. Japan: Advanced Wound Care Market, by Product, 2018 - 2030 (USD Billion)
- 8.5.7.2. Japan.: Advanced Wound Care Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.5.7.3. Japan: Advanced Wound Care Market, by Wound Type, 2018 - 2030 (USD Billion)
- 8.5.8. Advanced Wound Care Market - Indonesia
- 8.5.8.1. Indonesia: Advanced Wound Care Market, by Product, 2018 - 2030 (USD Billion)
- 8.5.8.2. Indonesia.: Advanced Wound Care Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.5.8.3. Indonesia: Advanced Wound Care Market, by Wound Type, 2018 - 2030 (USD Billion)
- 8.5.9. Advanced Wound Care Market - South Korea
- 8.5.9.1. South Korea: Advanced Wound Care Market, by Product, 2018 - 2030 (USD Billion)
- 8.5.9.2. South Korea.: Advanced Wound Care Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.5.9.3. South Korea: Advanced Wound Care Market, by Wound Type, 2018 - 2030 (USD Billion)
- 8.6. Advanced Wound Care Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Advanced Wound Care Market, by Product, 2018 - 2030 (USD Billion)
- 8.6.2. Middle East & Africa.: Advanced Wound Care Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.6.3. Middle East & Africa: Advanced Wound Care Market, by Wound Type, 2018 - 2030 (USD Billion)
- 8.6.4. Advanced Wound Care Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Advanced Wound Care Market, by Product, 2018 - 2030 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Advanced Wound Care Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.6.4.3. Saudi Arabia: Advanced Wound Care Market, by Wound Type, 2018 - 2030 (USD Billion)
- 8.6.5. Advanced Wound Care Market - UAE
- 8.6.5.1. UAE: Advanced Wound Care Market, by Product, 2018 - 2030 (USD Billion)
- 8.6.5.2. UAE.: Advanced Wound Care Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.6.5.3. UAE: Advanced Wound Care Market, by Wound Type, 2018 - 2030 (USD Billion)
- 8.6.6. Advanced Wound Care Market - Israel
- 8.6.6.1. Israel: Advanced Wound Care Market, by Product, 2018 - 2030 (USD Billion)
- 8.6.6.2. Israel.: Advanced Wound Care Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.6.6.3. Israel: Advanced Wound Care Market, by Wound Type, 2018 - 2030 (USD Billion)
- 8.6.7. Advanced Wound Care Market - South Africa
- 8.6.7.1. South Africa: Advanced Wound Care Market, by Product, 2018 - 2030 (USD Billion)
- 8.6.7.2. South Africa.: Advanced Wound Care Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.6.7.3. South Africa: Advanced Wound Care Market, by Wound Type, 2018 - 2030 (USD Billion)
- 8.7. Advanced Wound Care Market - Latin America
- 8.7.1. Latin America: Advanced Wound Care Market, by Product, 2018 - 2030 (USD Billion)
- 8.7.2. Latin America.: Advanced Wound Care Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.7.3. Latin America: Advanced Wound Care Market, by Wound Type, 2018 - 2030 (USD Billion)
- 8.7.4. Advanced Wound Care Market - Mexico
- 8.7.4.1. Mexico: Advanced Wound Care Market, by Product, 2018 - 2030 (USD Billion)
- 8.7.4.2. Mexico.: Advanced Wound Care Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.7.4.3. Mexico: Advanced Wound Care Market, by Wound Type, 2018 - 2030 (USD Billion)
- 8.7.5. Advanced Wound Care Market - Brazil
- 8.7.5.1. Brazil: Advanced Wound Care Market, by Product, 2018 - 2030 (USD Billion)
- 8.7.5.2. Brazil.: Advanced Wound Care Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.7.5.3. Brazil: Advanced Wound Care Market, by Wound Type, 2018 - 2030 (USD Billion)
- 8.7.6. Advanced Wound Care Market - Argentina
- 8.7.6.1. Argentina: Advanced Wound Care Market, by Product, 2018 - 2030 (USD Billion)
- 8.7.6.2. Argentina.: Advanced Wound Care Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.7.6.3. Argentina: Advanced Wound Care Market, by Wound Type, 2018 - 2030 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. 3M
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Baxter International
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Coloplast Corp.
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Convatec Group Plc
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Derma Sciences (Integra Lifesciences)
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Medline Industries
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Medtronic
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Molnlycke Health Care AB
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent w9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Urgo Medical among others
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent D