2012-11-20 19:30:35 -
Markets for Advanced Wound Care Technologies (Market Research Report) - a new market research report on companiesandmarkets.com
This is a detailed wound care market report, providing detailed wound care market analysis, wound care product analysis and forecasts. The wound care industry has benefitted from revenue growth in recent years, driven by growth in chronic conditions such as diabetes and obesity. An ageing population is also contributing to wound care industry growth in elderly popultions. The wound care market is expected to grow further as people live longer.
Leading wound care companies include Coloplast Group, ConvaTec Inc., Covidien, Derma Sciences Inc., Gentell Inc., Geritrex Corp., Hartmann Group, Hollister Incorporated, Lohmann and Rauscher, 3M Group, Mölnlycke Health Care and Smith and Nephew Group.
The advanced wound care market was valued at $3.4 billion in 2010 and is expected to reach at
$3.6 billion in 2011. The wound care market will grow to $4.6 billion by 2016 at a compound annual growth rate (CAGR) of 4.9%. The market for Wound care dressings, sealants and anti-adhesion products reached at $2.0 billion in 2010. It is expected to reach at $2.1 billion in 2011; it will further grow to $3.0 billion by 2016 at a compound annual growth rate (CAGR) of 7.0%. The market for Wound healing devices/equipment segment reached at $1.4 billion in 2010. It is expected to reach at $1.5 billion by 2016 at a compound annual growth rate (CAGR) of 1.2%.Advanced wound care technologies have emerged from the shadows to become, in the last 30 years, significant products in the treatment of wound care. While conventionally made wound care product proteins are considerable and generally less expensive, new products and biotechnological advancements are continuing to revolutionize the wound care market. New technological products are competing in a fast track market that seeks to improve the quality of life for millions of individuals needing both acute and chronic wound care.Ongoing patient management studies will increase the number of indications, and keeping in touch with these applications for the various advanced wound care products is good business practice. This study will provide its readers with the knowledge to adequately view and assess the advanced wound care movement and will provide insight into market potential.SCOPE OF REPORTThis document is designed to be a helpful business tool that will provide a thorough evaluation of the advanced wound care market. The scope of this study is U.S. based and identifies markets in five general segments:• Biological dressings
• Surgical sealants
• Synthetic dressings
• Anti-adhesion products and other related wound healing products
• Wound healing devicesEach market segment provides detailed information based on product categories, product use, forecasts and competitive analyses.Advanced wound care deals with those products that involve new techniques and therapies, are of benefit in healing wounds and result in overall lower costs for care. They incorporate biotechnological advancements and improved methods for dealing with wounds. Products in this study are considered to be at the forefront of wound care technology.Traditional wound care products, those that have previously been used in the marketplace, are not addressed in this analysis. Industry experts classify advanced wound care products as those that include biological dressings, surgical sealants, synthetic dressings, anti-adhesion products and other related wound-healing products.
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