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Wound Care Devices Market Comprehensive Insights, Trends, Share, Regional Analysis, Industry Outlook by 2025

Nov 12, 2019 4:05 PM ET

The Global Wound Care Devices Market is expected to rise at a healthy CAGR of 5.1% between 2017 and 2025 as per a new report by Fortune Business Insights. Fortune Business Insights in a report, titled “Wound Care Devices Market: Global Market Analysis, Insights and Forecast, 2018-2025” provides insights on factors enabling growth in the market. As per the report, the market was valued at US$ 1994.8 Mn in 2017 and is projected to reach a valuation of US$ 2949.2 Mn by 2025.

Browse Complete Report Details@ https://www.fortunebusinessinsights.com/industry-reports/wound-care-devices-market-100388

Some of the Main Key Players Covered in the Wound Care Devices Market Report

Smith and Nephew
KCI Licensing, Inc.
Talley Group Ltd
Cardinal Health
ConvaTec
DeRoyal
Devon Medical Products
BSN medical
Medela AG
Other Prominent Players

Sample PDF Brochure@ https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/wound-care-devices-market-100388

Easy Accessibility of Products to Help Market Grow in North America

The wound care devices market in North America was valued at US$ 796.4 Mn in the year 2017 and is expected to grow at a higher percentage during the forecast years. Growing geriatric pollution and rising awareness about wound care treatment are key factors driving the market in this region.

Furthermore, rising prevalence of different types of ulcers in the U.S. is expected to facilitate growth of the Wound Care Devices Market, stirring demand for wound care dressings. As per a study conducted by the CDC, the U.S., registers 2.5 million patients suffering from pressure ulcers each year. Besides North America, Asia Pacific is projected to show attractive growth owing to large population bases especially in China and India. Also, growing prevalence of diabetes in this region is expected to drive the Wound Care Devices Market Asia Pacific.

Key Segmentation of Wound Care Devices Market:

By Product

Negative Pressure Wound Therapy (NPWT)
Hyperbaric Oxygen Therapy (HBOT)
Extracorporeal Shock Wave Therapy (ESWT)
Others (Compression Therapy, etc.)

By Indication

Diabetic Foot Ulcers
Pressure Ulcers
Surgical Wounds
Others

By End User

Hospitals
Clinics
Home Care Settings
Others

By Geography

North America (USA and Canada)
Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
Latin America (Brazil, Mexico and Rest of Latin America)
Middle East and Africa (South Africa, GCC and Rest of Middle East and Africa)

New Product launches by Smith and Nephew Intended to Strengthen its Position

The global wound care devices market is highly consolidated in nature owing to robust networking distribution of leading players. The rising demand for high-quality and branded products encourages companies to operate in the market. Companies are planning to focus on mergers and acquisitions (MandA) and new product launches to survive the competition.

This device is one of the first portable single-use negative pressure device in the world and can treat two wounds at the same time. The FDA approved a new negative pressure wound therapy device called Platform Wound Dressing (PWD). This device was launched by Applied Tissue Technologies LLC in January 2019 with an aim to eradicate the use of gauze or foam dressings

Table of Content from Wound Care Devices Market:

1. Introduction of Wound Care Devices Market

1.1. Research Scope

1.2. Market Segmentation

1.3. Research Methodology

1.4. Definitions and Assumptions

2. Executive Summary

3. Market Dynamics

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities

4. Key Insights