Dublin, Sept. 15, 2020 (GLOBE NEWSWIRE) -- The "Global Wound Management Devices Market By Product, By Application, By End User, By Region, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.
The Global Wound Management Devices Market size is expected to reach $21.6 billion by 2026, rising at a market growth of 7.2% CAGR during the forecast period.
Wounds can occur due to accidents, burns, trauma, or natural disasters. They are commonly grouped into two kinds, i.e. chronic and acute wounds. Chronic injuries may emerge because of different types of life illnesses, for example, obesity, cardiovascular diseases, and diabetes. While on the other hand, acute wounds can occur due to surgical or traumatic incidents. These wounds usually cure through an ordinary wound healing process at a reliable rate. However, the number of chronic wounds affect is anticipated to increase in the coming years.
The wound management products are available in the market to treat problematic wounds. Billions of people around the world are suffering from wounds and injuries. The products have been formulated to ensure high resistance to environmental inhibitors and foreign particles. They are mainly used by a nurse under the physicians' guidelines and supervision. Accordingly, the increasing rates of cost-efficient treatments are driving the demand for better wound care products.
In the current scenario, there are tremendous innovations in Pharmacology. Some of the pharmaceutical agents like angiotensin-converting enzyme (ACE) inhibitors, monoclonal antibodies, topical immunosuppressants, and xanthine oxidase inhibitors have been undertaken in wound care treatment. An agent like ACE inhibition has helped in improving the walking ability and quality of life in patients with peripheral arterial disease, a common circulatory problem, and positively impacted wound healing.
The global wound care devices present in the market anticipated to witness gradual progress in the forecast period. The steady growth rate is primarily because of the COVID-19 outbreak which leads to the supply and demand mismatches of resources. There is insufficient production of wound dressing products and wound healing devices due to the limitation imposed by governments of various countries. However, the shutdown of factories or limitations of working with less staffing was imposed to lower the spread of the virus and keep the staff safe. The segment accounted for the majority of the share and is projected to expand at the fastest CAGR in the forecast period.
Key Topics Covered:
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Wound Management Devices Market, by Product
1.4.2 Global Wound Management Devices Market, by Application
1.4.3 Global Wound Management Devices Market, by End User
1.4.4 Global Wound Management Devices Market, by Geography
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Product Launches and Product Expansions
3.2.2 Approvals
3.2.3 Mergers & Acquisitions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2016, Sep - 2020, Jan) Leading Players
Chapter 4. Global Wound Management Devices Market by Product
4.1 Global Therapy Devices Market by Region
4.2 Global Wound closure Devices Market by Region
4.3 Global Other Products Market by Region
Chapter 5. Global Wound Management Devices Market by Application
5.1 Global Burns Market by Region
5.2 Global Pressure Ulcers Market by Region
5.3 Global Diabetic Foot Ulcers Market by Region
5.4 Global Surgical Wounds Market by Region
5.5 Global Other Applications Market by Region
Chapter 6. Global Wound Management Devices Market by End User
6.1 Global Clinics Wound Management Devices Market by Region
6.2 Global Hospitals Market by Region
6.3 Global Other End Users Market by Region
Chapter 7. Global Wound Management Devices Market by Region
Chapter 8. LAMEA Wound Management Devices Market by Country
8.1 Brazil Wound Management Devices Market
8.1.1 Brazil Wound Management Devices Market by Product
8.1.1.2 Argentina Wound Management Devices Market
8.1.1.3 UAE Wound Management Devices Market
8.1.1.4 Saudi Arabia Wound Management Devices Market
8.1.1.5 South Africa Wound Management Devices Market
8.1.1.6 Nigeria Wound Management Devices Market
8.1.1.7 Rest of LAMEA Wound Management Devices Market
Chapter 9. Company Profiles
- Baxter International, Inc.
- Coloplast Group
- ConvaTec Group PLC
- Integra LifeSciences Holdings Corporation (Derma Sciences, Inc.)
- Johnson and Johnson
- 3M Company
- Medtronic PLC
- Smith & Nephew PLC
- Hollister, Inc.
- Molnlycke Health Care AB
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