Global Advanced Wound Care Industry

Global Advanced Wound Care Industry

  • February 2020 •
  • 185 pages •
  • Report ID: 2070084 •
  • Format: PDF
Advanced Wound Care market worldwide is projected to grow by US$7.2 Billion, driven by a compounded growth of 7.4%. NPWT, one of the segments analyzed and sized in this study, displays the potential to grow at over 6.9%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$3.8 Billion by the year 2025, NPWT will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 6.3% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$248.4 Million to the region’s size and clout in the next 5 to 6 years. Over US$219.2 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, NPWT will reach a market size of US$121.6 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 10.9% over the next couple of years and add approximately US$2 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others,
  • 3M Healthcare
  • Coloplast A/S
  • Conmed Corporation
  • ConvaTec Inc.
  • Cardinal Health
  • Hollister Wound Care
  • Acelity LP
  • Medline Industries Inc.
  • Mölnlycke Health Care AB
  • Organogenesis Inc.
  • Paul Hartmann AG
  • Smith & Nephew Plc