during the forecast period. The market growth is driven by factors such as increasing spending on chronic wounds and increasing prevalence of diseases and conditions affecting wound healing abilities. On the other hand, the high cost and risks associated with using advanced wound care products are the major factors hampering the growth of this market.
New York, November 11, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Advanced Wound Care Market by Product, Wound Type, End User – Global Forecast to 2026” – https: //www.reportlinker .com / p05181601 /? utm_source = GNW
The grafts and matrices segment accounted for the highest growth rate of the advanced wound care market, by product, during the forecast period
The advanced wound care market is segmented into dressings, devices and accessories, grafts and matrices, and topical agents based on the product. In 2020, the grafts and matrices segment represented the highest growth rate in the advanced wound care market.
Factors contributing to the growth of this market segment include increasing prevalence of target conditions such as leg ulcers, high demand and increasing geriatric population.
The surgical and traumatic wound segment accounted for the highest CAGR
Based on wound type, the advanced wound care market is segmented into surgical and traumatic wounds, diabetic foot ulcers, bedsores, venous leg ulcers and burns and other wounds. In 2020, the surgical and traumatic wound segment recorded the highest growth rate. .
This can be attributed to the increasing number of surgeries being performed and the increasing prevalence of chronic diseases.
Asia Pacific: Fastest Growing Region in Advanced Wound Care Market
The global advanced wound care market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. The Asia-Pacific region is expected to register the highest CAGR during the forecast period.
Factors such as increasing demand for advanced technologies, increasing prevalence of diabetes, increasing health spending, increasing per capita income, expansion of private sector hospitals in rural areas of various APAC countries, the increase in medical tourism and the presence of -growing markets are expected to drive the market growth. The low labor costs and favorable regulatory environment in this region are also expected to propel the market growth.
The main interviews conducted for this report can be categorized as follows:
â¢ By type of business: level 1 – 40%, level 2 – 30% and level 3 – 30%
â¢ By designation: level C – 27%, level D – 18% and others – 55%
â¢ By region: North America – 51%, Europe – 21%, Asia-Pacific – 18%, Latin America – 6% and Middle East and Africa – 4%
Lists of companies featured in the report:
â¢ 3M Company (United States)
â¢ Smith & Nephew plc (United Kingdom)
â¢ ConvaTec Group Plc (United Kingdom)
â¢ Coloplast A / S (Denmark)
â¢ MÃ¶lnlycke Health Care AB (Sweden)
â¢ Integra LifeSciences Holdings Corporation (United States)
â¢ PAUL HARTMANN AG (Germany)
â¢ B. Braun Melsungen AG (Germany)
â¢ Cardinal Health, Inc. (United States)
â¢ Organogenesis Holdings Inc. (United States)
â¢ Misonix, Inc. (United States)
â¢ MiMedx Group, Inc. (United States)
â¢ Zimmer Biomet Holdings, Inc. (United States)
â¢ Lohmann & Rauscher GmbH & Co. KG (Germany)
â¢ DeRoyal Industries, Inc. (United States)
â¢ Medline Industries, Inc. (United States)
â¢ DermaRite Industries, LLC (United States)
â¢ Kerecis (Iceland)
â¢ Advancis Medical (United Kingdom)
â¢ Winner Medical Co., Ltd. (China)
â¢ Hollister Incorporated (United States)
â¢ Mil Laboratories Pvt. Ltd. (India)
â¢ Shield line (United States)
â¢ ZENI MEDICAL (United States)
â¢ Carilex Medical (Germany)
â¢ Pensar Medical, LLC (United States)
â¢ Wuhan VSD Medical Science & Technology Co., Ltd. (China)
â¢ HAROMED BV (Belgium)
This report provides a detailed picture of the global advanced wound care market. It aims to estimate the size and future growth potential of the market in different segments, such as product, wound type, end user and region.
The report also includes in-depth competitive analysis of major market players, along with their company profiles, recent developments, and key market strategies.
Main advantages of purchasing the report:
The report will assist the market leaders / new entrants by providing them with the closest approximations to revenue figures for the entire Advanced Wound Care market and its sub-segments. It will also help stakeholders better understand the competitive landscape and gain more insight to better position their business and develop suitable go-to-market strategies.
This report will enable stakeholders to understand the pulse of the market and provide them with information on the major market drivers, restraints, opportunities and trends.
Read the full report: https://www.reportlinker.com/p05181601/?utm_source=GNW
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