Global Wound Care Markets
(Twelve Country Analysis: Germany, France, Italy, United Kingdom, United States, Japan, Canada, China, India, Brazil, Australia, South Korea)
The wound care industry is an incredibly diverse and highly competitive arena that is ever-changing. Kalorama Information feels that the market will continue to expand over the long term due to an aging population, longer life expectancies, and an increasing number of sicker patients across all care settings. In the short term, there will be more ebb and flow in the industry due to changes in reimbursement, contract bidding, mergers and acquisitions, and changes in the delivery of health care. Patients have more complex coexisting illnesses such as diabetes, heart failure, obesity, pulmonary and vascular diseases, immobility issues and chronic wounds. These factors are all influenced by future demographic trends, economic uncertainty, the impact of health care reform, increasing numbers of uninsured patients, reimbursement pressures from third party payers, continuing shortage of nurses and physicians and increasing technology and supply costs.
This report outlines wound care market segments, providing revenue data on the advanced wound care market in 12 countries, as well as breakouts for rest of Europe and rest of world:
- United Kingdom
- United States
- South Korea
The report provides a competitive market summary. The wound care market is varied in terms of both product offerings and product maturity. Several of the products within the global wound care market are mature, such as anti-infectives and pressure relief devices, while others such as biological dressings and negative pressure wound therapy are in the infant stages of development. Advancements in biotechnology, biomaterials, and tissue engineering are expected to drive growth during the forecast period. Another area driving growth is that of negative pressure wound therapy.
Profiles of the major companies in the wound care market are provided:
- Johnson & Johnson
- Medtronic plc
- Kinetic Concepts, Inc (Acelity)
- Smith and Nephew, PLC
- 3M Health Care
- Mölnlycke Health Care
- Aesculap/B. Braun
- ConvaTec, Ltd.
- Baxter BioScience
- Paul Hartmann AG
The global wound care market is based on total manufacturers’ revenues. Forecast data are provided through 2019. Background information was obtained from a comprehensive search of published literature and reports obtained from various government, business, medical trade, and international journals.