Advanced Wound Care Market Size, Latest Trends, Share, Key Players, Revenue, Opportunity, and Forecast 2023-2028

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IMARC Group has recently released a new research study “Advanced wound Care Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

What are the growth prospects of the Advanced wound care Industry?

The global advanced wound care market size reached US$ 10.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 14.4 Billion by 2028, exhibiting a growth rate (CAGR) of 5.98% during 2023-2028.

Note- We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

What is a Advanced wound care Market?

Advanced wound care refers to a standard treatment solution used to treat and manage chronic infections and complex wounds by removing dead and inflamed tissues. It involves the use of medicines, tools, and numerous products that aid in the treatment of both acute and chronic wounds, including burns, ulcers, and post-operative wounds.

Advanced wound care products made of silver and alginates are commonly used to drain excess fluid from wounds and protect them from infections. Some other popular products include hydrogels, hydrocolloids, film, and foam dressings. They help retain skin moisture and speed up internal and external wound healing by promoting the development of new body cells. As a result, advanced wound care solutions are gaining immense traction across the globe.

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What are the major market drivers in the Advanced Wound Care Market?

The global advanced wound care market is primarily driven by the rising geriatric population and increasing prevalence of diabetic foot ulcers, pressure ulcers, and other chronic wounds. Moreover, the growing need for surgical procedures due to the increasing incidences of diabetes and obesity has augmented the demand for advanced wound care solutions as they help absorb necrotic tissues and promote the quick healing of surgical site infections. Additionally, the surging awareness about the benefits and efficiency of these products among the masses is positively influencing market growth.Besides this, the rising establishment of Ambulatory Surgical Centers (ASCs) that offer surgical care for organ transplantation, pain management, orthopedics, urology, restorative, and reconstructive surgeries has catalyzed the market growth.

 Furthermore, numerous technological innovations in advanced wound care products are propelling the market growth. Other factors, rapid improvements in healthcare infrastructure, an increasing number of patients, and increasing healthcare expenditures, are also anticipated to drive the market further.

Who Are The Major Key Players in Advanced Wound Care Market?

3M Company, B. Braun SE (B. Braun Holding GmbH & Co. KG), Cardinal Health, Inc., Coloplast A/S, Convatec Group plc, Essity AB, Integra LifeSciences, Medline Industries, LP, Medtronic plc, Mölnlycke Health Care (Investor AB), Organogenesis Holdings Inc. and Smith & Nephew plc.

Report Segmentation:

The report has been segmented the market into following categories:

Breakup by Product:

Infection Management

  • Silver Wound Dressings
  • Non-silver Dressings
  • Collagen Dressings

Exudate Management

  • Hydrocolloids Dressings
  • Foam Dressings
  • Alginate Dressings
  • Hydrogel Dressings

Active Wound Care

  • Skin Substitutes
  • Growth Factors

Therapy Devices

  • Negative Pressure Wound Therapy (NPWT)
  • Oxygen and Hyperbaric Oxygen Equipment
  • Electromagnetic Therapy Devices

Others

Breakup by Application:

  • Chronic Wounds
  • Pressure Ulcers
  • Diabetic Foot Ulcers
  • Venous Leg Ulcers
  • Arterial Ulcers
  • Acute Wounds
  • Burns and Trauma
  • Surgical Wounds

Breakup by End User:

  • Hospitals
  • Community Health Service Centers

𝐁𝐲 𝐆𝐞𝐨𝐠𝐫𝐚𝐩𝐡𝐲:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom,
  Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia,
  Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates,
  Saudi Arabia, Qatar, Iraq, Other)

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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