The advanced wound care market expansion would be augmented by a substantial rise in geriatric population, robust technological advancement, and numerous government initiatives to enhance healthcare infrastructure. The benefit of being impermeable to bacteria, these dressings speed up the healing process of wounds, resulting in the high adoption of the product.

A significant rise in surgical procedures on account of surging number of chronic diseases, accidents, and trauma cases globally will boost the advanced wound care market progression in the forthcoming years. As per the WHO estimations, road accidents cause nearly 1.35 million deaths each year globally and around 50 million people suffer from non-fatal injuries. Such accidents often lead to severe blood loss and other injuries, which require quick medical attention including surgical procedures to provide immediate relief to the patient.

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The wound dressing product segment held a significant market share of nearly 55% in 2019 and will capture maximum share up to 2026. The wound dressing category is further bifurcated into hydrocolloidal dressings, anti-microbial dressings, alginate dressings, foam dressings, film dressings, hydrogel dressings, and others. On account of reckless driving and alcohol consumption, rising road accidents especially in urban regions are driving the utilization of wound dressings. Also, incidences of skin burns require alginate and hydrocolloid wound dressings as the treatment.

The surgical wounds segment accounted for the largest market share of over US$3.1 billion in 2019. A rising number of health problems and surgical procedures across the globe and the notable development of healthcare infrastructure in developed as well as developing countries is the prime factor responsible for segment growth. Additionally, the ability of advanced wound care solutions in curing wounds and eliminating the chances of infection will encourage a high preference for reliable wound dressing products.

The advanced wound care market share from homecare settings segment is expected to grow at over 6.5% CAGR up to 2026. Growing preference by geriatric population base for advanced wound therapy at home would propel homecare settings segment expansion. The introduction of numerous wound care solutions by leading pharma companies helps elder people to use these medical products conveniently. Such benefits along with minimal hospital visits provided by advanced wound care solutions would boost their demand in the coming years.

The Asia Pacific advanced wound care market in 2019 accounted for about 16% market share and is expected to grow considerably in the upcoming years. The regional industry expansion is majorly attributed to the rising medical tourism in emerging countries such as Thailand and India. These countries are also extensively investing towards the development of an improved healthcare infrastructure.

Lohmann & Rauscher, Hollister Incorporated, Coloplast, Mölnlycke, Beiersdorf global, ConvaTec Group, HARTMANN International, MPM Medical, Derma Sciences, Medline Industries, B. Braun, Integra LifeSciences Corporation, Organogenesis, 3M, and Smith and Nephew are some prominent firms which are part of the global advanced wound care market.

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Partial Chapter of the Table of Content

Chapter 5   Advanced Wound Care Market, By Application

5.1    Key segment trends

5.2    Diabetic wounds

5.2.1    Market size, by region, 2015-2026 (USD Million)

5.3    Skin burns

5.3.1    Market size, by region, 2015-2026 (USD Million)

5.4    Pressure wounds

5.4.1    Market size, by region, 2015-2026 (USD Million)

5.5    Surgical wounds

5.5.1    Market size, by region, 2015-2026 (USD Million)

5.6    Venous legs ulcers

5.6.1    Market size, by region, 2015-2026 (USD Million)

5.7    Others

5.7.1    Market size, by region, 2015-2026 (USD Million)

Chapter 6   Advanced Wound Care Market, By End-use

6.1    Key segment trends

6.2    Hospitals

6.2.1    Market size, by region, 2015-2026 (USD Million)

6.3    Homecare settings

6.3.1    Market size, by region, 2015-2026 (USD Million)

6.4    Others

6.4.1    Market size, by region, 2015-2026 (USD Million)

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