Wound Care Market OverviewWounds are common conditions that affect billions across the world. Several million acquire chronic wounds due to complications from diabetes, obesity, and cardiovascular diseases, which are expected to increase intensely across the globe in the next few years. Additionally, people suffer from trauma and burns because of accidents, natural disasters, and violence.
The incidence of acute, chronic, and surgical wounds has augmented significantly over the past few years, mostly owing to the increasing global old age population, rising traumatic wounds, the growing number of surgeries, and the increasing occurrence of conditions like obesity and diabetes. In addition, diabetes and obesity can result in an increased overall incidence and complexity of wounds such as infections, ulcerations (leg or foot ulcers), and chronic wounds, which necessitate treatments (wound management) and incur exorbitant medical expenses. All these actors are anticipated to have a definite impact on the growth of the global Wound Care market during the forecast period.
However, the high cost of chronic wound treatments and advanced wound care products may negatively affect their adoption, such as in Asia and other. Patients and physicians in these regions choose for less expensive, traditional, and basic wound care products. This major factor is expected to hamper the growth of the global Wound Care market over the forecast period.
Covid-19 Impact on Wound Care Market In addition, the current Wound Care Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Wound Care Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying, and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.
The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.
Wound Care Market Segment OverviewBased on Product, the Advanced Wound Care Products segment accounted for the major share of the Wound Care market in 2020. Advanced wound care products are progressively being used as the first line of therapy, making it most prominent in the share of the wound care market. In addition, the advantages of advanced wound care over traditional wound care are the key factors boosting the growth of this segment.
According to End-Users, the Hospitals & Clinics segment has the largest share of the global wound care market in 2020. The large share of this segment can be mainly attributed to factors such as the rising incidence of surgical and chronic wounds, increasing incidence of associated surgical site infection and healthcare-associated infections, and the increasing incidence of burn injuries.
Wound Care Market, By Product
- Advanced Wound Care Products
- Advanced Dressings
- Foam Dressings
- Hydrocolloid Dressings
- Film Dressings
- Alginate Dressings
- Hydrogel Dressings
- Collagen Dressings
- Hydrofiber Dressings
- Wound Contact Layers
- Superabsorbent Dressings
- Other Advanced Dressings
- Wound Therapy Devices
- Debridement Devices & Accessories
- Wound Assessment & Monitoring Devices
- Portable & Conventional NPWT Devices
- Other Devices & Accessories
- Grafts & Matrices
- Topical Agents
- Surgical Wound Care Products
- Sutures
- Staplers
- Tissue Adhesives, Sealants, & Glues
- Traditional Wound Care Products
- Medical Tapes
- Dressings
- Cleansing Agents
Wound Care Market, By Wound Type
· Surgical & Traumatic Wounds
· Diabetic Foot Ulcers
· Pressure Ulcers
· Venous Leg Ulcers
· Burns & Other Wounds
Wound Care Market, By End-User
· Hospitals & Clinics
· Long-term Care Settings
· Home Care Settings
· Other
Wound Care Regional OverviewRegion-wise, North America was the leading region in the global Wound Care market in 2020, and is expected that it keeps its position as it is throughout the forecast period. This can be primally attributed to the increasing prevalence of chronic conditions resulting in chronic, surgical, and traumatic wounds, the growing incidence of burn injuries, increasing spending on surgical and chronic wounds, and technological progressions in this region. Further, the availability of skilled professionals and the presence of well-established healthcare infrastructure are projected to propel the market's growth during the forecast period. Similarly, the Asia Pacific is estimated to be the fastest-growing regional market in the coming period. Factors such as the growing prevalence of chronic conditions, emerging healthcare infrastructure, and increasing healthcare expenditure significantly contribute to the growth of the market in this region.
Wound Care Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Wound Care Market, Key Players· Smith & Nephew PLC
· Mölnlycke Health Care AB
· Acelity (KCI Licensing, Inc.)
· ConvaTec Group PLC
· Ethicon Inc. (Johnson & Johnson)
· Baxter International, Inc.
· Coloplast Corp.
· Medtronic PLC
· The 3M Company
· Derma Sciences, Inc. (Integra LifeSciences)
· Medline Industries, Inc.
· Advancis Medical USA LLC
· B. Braun Melsungen AG
List of Figures
Figure 1: Global Wound Care Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
Figure 2: Global Wound Care Market Value Share (%), By Segment 1, 2019 & 2027
Figure 3: Global Wound Care Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 4: Global Wound Care Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 5: Global Wound Care Market Value Share (%), By Segment 2, 2019 & 2027
Figure 6: Global Wound Care Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 7: Global Wound Care Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 8: Global Wound Care Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 9: Global Wound Care Market Forecast (USD Billion), by Others, 2016-2027
Figure 10: Global Wound Care Market Value Share (%), By Segment 3, 2019 & 2027
Figure 11: Global Wound Care Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 12: Global Wound Care Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 13: Global Wound Care Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 14: Global Wound Care Market Forecast (USD Billion), by Others, 2016-2027
Figure 15: Global Wound Care Market Value (USD Billion), by Region, 2019 & 2027
Figure 16: North America Wound Care Market Value Share (%), By Segment 1, 2019 & 2027
Figure 17: North America Wound Care Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 18: North America Wound Care Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 19: North America Wound Care Market Value Share (%), By Segment 2, 2019 & 2027
Figure 20: North America Wound Care Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 21: North America Wound Care Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 22: North America Wound Care Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 23: North America Wound Care Market Forecast (USD Billion), by Others, 2016-2027
Figure 24: North America Wound Care Market Value Share (%), By Segment 3, 2019 & 2027
Figure 25: North America Wound Care Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 26: North America Wound Care Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 27: North America Wound Care Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 28: North America Wound Care Market Forecast (USD Billion), by Others, 2016-2027
Figure 29: North America Wound Care Market Forecast (USD Billion), by U.S., 2016-2027
Figure 30: North America Wound Care Market Forecast (USD Billion), by Canada, 2016-2027
Figure 31: Latin America Wound Care Market Value Share (%), By Segment 1, 2019 & 2027
Figure 32: Latin America Wound Care Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 33: Latin America Wound Care Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 34: Latin America Wound Care Market Value Share (%), By Segment 2, 2019 & 2027
Figure 35: Latin America Wound Care Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 36: Latin America Wound Care Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 37: Latin America Wound Care Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 38: Latin America Wound Care Market Forecast (USD Billion), by Others, 2016-2027
Figure 39: Latin America Wound Care Market Value Share (%), By Segment 3, 2019 & 2027
Figure 40: Latin America Wound Care Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 41: Latin America Wound Care Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 42: Latin America Wound Care Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 43: Latin America Wound Care Market Forecast (USD Billion), by Others, 2016-2027
Figure 44: Latin America Wound Care Market Forecast (USD Billion), by Brazil, 2016-2027
Figure 45: Latin America Wound Care Market Forecast (USD Billion), by Mexico, 2016-2027
Figure 46: Latin America Wound Care Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
Figure 47: Europe Wound Care Market Value Share (%), By Segment 1, 2019 & 2027
Figure 48: Europe Wound Care Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 49: Europe Wound Care Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 50: Europe Wound Care Market Value Share (%), By Segment 2, 2019 & 2027
Figure 51: Europe Wound Care Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 52: Europe Wound Care Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 53: Europe Wound Care Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 54: Europe Wound Care Market Forecast (USD Billion), by Others, 2016-2027
Figure 55: Europe Wound Care Market Value Share (%), By Segment 3, 2019 & 2027
Figure 56: Europe Wound Care Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 57: Europe Wound Care Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 58: Europe Wound Care Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 59: Europe Wound Care Market Forecast (USD Billion), by Others, 2016-2027
Figure 60: Europe Wound Care Market Forecast (USD Billion), by U.K., 2016-2027
Figure 61: Europe Wound Care Market Forecast (USD Billion), by Germany, 2016-2027
Figure 62: Europe Wound Care Market Forecast (USD Billion), by France, 2016-2027
Figure 63: Europe Wound Care Market Forecast (USD Billion), by Italy, 2016-2027
Figure 64: Europe Wound Care Market Forecast (USD Billion), by Spain, 2016-2027
Figure 65: Europe Wound Care Market Forecast (USD Billion), by Russia, 2016-2027
Figure 66: Europe Wound Care Market Forecast (USD Billion), by Rest of Europe, 2016-2027
Figure 67: Asia Pacific Wound Care Market Value Share (%), By Segment 1, 2019 & 2027
Figure 68: Asia Pacific Wound Care Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 69: Asia Pacific Wound Care Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 70: Asia Pacific Wound Care Market Value Share (%), By Segment 2, 2019 & 2027
Figure 71: Asia Pacific Wound Care Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 72: Asia Pacific Wound Care Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 73: Asia Pacific Wound Care Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 74: Asia Pacific Wound Care Market Forecast (USD Billion), by Others, 2016-2027
Figure 75: Asia Pacific Wound Care Market Value Share (%), By Segment 3, 2019 & 2027
Figure 76: Asia Pacific Wound Care Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 77: Asia Pacific Wound Care Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 78: Asia Pacific Wound Care Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 79: Asia Pacific Wound Care Market Forecast (USD Billion), by Others, 2016-2027
Figure 80: Asia Pacific Wound Care Market Forecast (USD Billion), by China, 2016-2027
Figure 81: Asia Pacific Wound Care Market Forecast (USD Billion), by India, 2016-2027
Figure 82: Asia Pacific Wound Care Market Forecast (USD Billion), by Japan, 2016-2027
Figure 83: Asia Pacific Wound Care Market Forecast (USD Billion), by Australia, 2016-2027
Figure 84: Asia Pacific Wound Care Market Forecast (USD Billion), by Southeast Asia, 2016-2027
Figure 85: Asia Pacific Wound Care Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
Figure 86: Middle East & Africa Wound Care Market Value Share (%), By Segment 1, 2019 & 2027
Figure 87: Middle East & Africa Wound Care Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 88: Middle East & Africa Wound Care Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 89: Middle East & Africa Wound Care Market Value Share (%), By Segment 2, 2019 & 2027
Figure 90: Middle East & Africa Wound Care Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 91: Middle East & Africa Wound Care Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 92: Middle East & Africa Wound Care Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 93: Middle East & Africa Wound Care Market Forecast (USD Billion), by Others, 2016-2027
Figure 94: Middle East & Africa Wound Care Market Value Share (%), By Segment 3, 2019 & 2027
Figure 95: Middle East & Africa Wound Care Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 96: Middle East & Africa Wound Care Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 97: Middle East & Africa Wound Care Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 98: Middle East & Africa Wound Care Market Forecast (USD Billion), by Others, 2016-2027
Figure 99: Middle East & Africa Wound Care Market Forecast (USD Billion), by GCC, 2016-2027
Figure 100: Middle East & Africa Wound Care Market Forecast (USD Billion), by South Africa, 2016-2027
Figure 101: Middle East & Africa Wound Care Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027
List of Tables
Table 1: Global Wound Care Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 2: Global Wound Care Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 3: Global Wound Care Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 4: Global Wound Care Market Revenue (USD Billion) Forecast, by Region, 2016-2027
Table 5: North America Wound Care Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 6: North America Wound Care Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 7: North America Wound Care Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 8: North America Wound Care Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 9: Europe Wound Care Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 10: Europe Wound Care Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 11: Europe Wound Care Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 12: Europe Wound Care Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 13: Latin America Wound Care Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 14: Latin America Wound Care Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 15: Latin America Wound Care Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 16: Latin America Wound Care Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 17: Asia Pacific Wound Care Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 18: Asia Pacific Wound Care Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 19: Asia Pacific Wound Care Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 20: Asia Pacific Wound Care Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 21: Middle East & Africa Wound Care Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 22: Middle East & Africa Wound Care Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 23: Middle East & Africa Wound Care Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 24: Middle East & Africa Wound Care Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Research Process
Data Library Research are conducted by industry experts who offer insight on
industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager
and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Primary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary Research
Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size Estimation
Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model