Wilmington, Delaware, United States, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The global active wound care market was projected to attain US$ 242.2 million in 2022. It is anticipated to garner a 7.3% CAGR from 2023 to 2031 and by 2031; the market is likely to attain US$ 451.9 million by 2031.
Active wound care aims to reduce the risk of infection, promote wound healing, and enhance overall wound care. Incorporating smart technology, such as sensors for ongoing wound monitoring and 3D printing techniques to create customized dressings, are examples of recent industry advances.
Download Sample PDF of the Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=85924
The aforementioned developments indicate a transition towards customized and cutting-edge methods of wound care, catering to the varied requirements of patients with different kinds of wounds. The dynamic character of the industry is constantly impacted by continuing research and development initiatives that seek to present innovative and practical solutions that improve patient outcomes in the field of wound care.
Active Wound Care Market Report Scope:
| Report Coverage | Details |
| Forecast Period | 2023-2031 |
| Base Year | 2017-2021 |
| Size in 2022 | US$ 242.2 Mn |
| Forecast (Value) in 2031 | More than US$ 451.9 Mn |
| Growth Rate (CAGR) | 7.3% |
| No. of Pages | 165 Pages |
| Segments covered | Product Type, Application, End-user |
Key Findings of the Market Report
- The market for active wound care is expanding significantly due to the growing popularity of artificial skin replacements.
- Tissue-engineered skin and bioengineered grafts are examples of artificial skin replacements that have clear benefits over conventional wound care techniques.
- Artificial skin replacements are becoming widely used as the medical community realizes more and more advantages in healing difficult wounds.
- Several well-known synthetic skin substitutes are available on the market, such as Renoskin, Matriderm, Orcel, Dermagraft, Integra, Apligraft, and Biobrane.
Market Trends for Active Wound Care
- In terms of application, chronic wounds held the majority of the global active wound care market share in 2022. Burns, pressure ulcers, venous leg ulcers, and diabetic foot ulcers are examples of chronic wounds.
- These are painful, prone to infection, and have a sluggish healing rate, among other issues. This raises the chance of amputation in addition to having a major negative impact on the quality of life of the patients.
- Governments are putting more emphasis on research and development in this area as a result of their recognition of the significant effects of chronic wounds. For example, the National Institutes of Health in the United States funds several projects that investigate novel wound care strategies.
- In 2022, the artificial skin replacements category held a dominant position in the global market for active wound care. This is attributed to their pivotal function in managing complex wounds and promoting efficacious healing. In contrast to conventional wound care techniques, these alternatives—such as tissue-engineered skin and bioengineered grafts—bring some advantages.
For Customization of this Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=85924
Global Market for Active Wound Care: Regional Outlook
- North America is a medical innovation powerhouse, with big pharmaceutical and medical device firms investing heavily in the research and development of cutting-edge active wound care technology.
- This covers cutting-edge solutions like negative pressure treatment devices and bioengineered skin replacements. This area has a high rate of diabetes, with an estimated 34.2 million Americans living with the disease. As a result, 6.7 million cases of diabetic foot ulcers—a serious kind of chronic wound—have been documented.
- The benefits of advanced wound care are becoming more widely recognized among patients and healthcare professionals, which has contributed to the growth of the active wound care market in Europe.
- For example, in May 2023, at the largest wound care conference in Europe, EWMA 2023 in Milan, which brings together renowned medical professionals and thought leaders in the industry, attention was drawn to Bactiguard's Wound Care specialized team.
Global Active Wound Care Market: Key Players
There are several companies in the fragmented worldwide market for active wound care. To get a larger market share, top businesses are implementing tactics including research and development as well as new product development investments. The following companies are well-known participants in the global active wound care market:
- 3M Company
- Smith & Nephew
- Mölnlycke Health Care
- Johnson & Johnson Services
- Convatec Group plc
- Integra LifeSciences
- Tissue Regenix
- Paul Hartmann AG
Some key developments by the players in this market are:
- The US Army Medical Research Acquisition Activity awarded a $34.2 million grant to 3M Health Care's medical solutions business on January 10, 2024. This financing will support the development of a variety of innovative therapies with an emphasis on wound healing, wound care, and infection prevention.
- Smith+Nephew, a corporation specialized in orthopedics, advanced wound treatment, and sports medicine, launched the Smith+Nephew Academy Munich in October 2023. The company's dedication to improving medical procedures and offering education in the sector is shown by this purpose-built building, which functions as a specialized center for surgical innovation and training.
Global Active Wound Care Market Segmentation
Product Type
- Artificial Skin Substitutes
- Autografts
- Growth Factors
Application
- Acute Wounds
- Chronic Wounds
End User
- Hospitals
- Clinics
- Others
Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Contact us for Special Discount and Pricing: https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=85924
More Trending Report by Transparency Market Research:
Influenza Diagnostics Market- The industry was valued at US$ 1.3 Bn in 2022. It is projected to grow at a CAGR of 5.6% from 2023 to 2031 and reach more than US$ 2.0 Bn by the end of 2031.
Sharps Containers Market- The industry was valued at US$ 701.1 Mn in 2022. It is projected to grow at a CAGR of 4.7% from 2023 to 2031 and reach US$ 1.0 Bn by the end of 2031.
Medical Aesthetic Devices Market- The global industry was valued at US$ 13.7 Bn in 2022. It is estimated to grow at a CAGR of 7.1% from 2023 to 2031 and reach US$ 25.1 Bn by the end of 2031.
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact:
Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Email: sales@transparencymarketresearch.com
Follow Us: LinkedIn| Twitter| Blog | YouTube
