30 August 2018
Visiongain has launched a new pharma report Advanced Wound Care Market Forecast 2018-2028: Revenue Prospects by Products for Active Wound Care Dressings (Antimicrobial, Foam, Hydrocolloid, Film, Alginate, Hydrogel, Other), Wound Care Devices (NPWT, Ultrasound, Other) and Wound Care Biologics (Skin Replacement, Collagen-Based, Cell-Based, Other), Applications, End-Users and National Market.
Being the largest and fastest growing segment of the wound care market, the advanced wound care market will witness healthy growth during the forecast period. The increasing prevalence of chronic wounds such as venous ulcers, diabetic ulcers and pressure sores is creating demand for more innovative products. It is estimated that around 89 million wounds occur every year; of these around 30 million are chronic wounds and 15 million are burns. Chronic wound incidences will be boosted by the increase in the global over-65 population and rising diabetes incidence both in emerging and mature economies.
The lead analyst of the report commented "The advanced wound care market is expected to experience considerable growth over the forecast period. The main drivers for the growth include an increasingly ageing population, rising prevalence of diabetes and obesity, and growing patient awareness of available products.
In the case of patients suffering from chronic wounds, wound care has become a necessity in order to reduce the risk of morbidity. The number of patients suffering from all forms of chronic wounds is increasing worldwide at around 8% per year; this increasing incidence provides an avenue for substantial growth in the advanced wound care market over the coming years."
Leading companies featured in the report include Acelity, Coloplast, ConvaTec, Mölnlycke, Organogenesis, Smith & Nephew.
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