Wound Care: Advanced Dressings and Closure Products

Wound Care: Advanced Dressings and Closure Products

  • June 2018 •
  • 95 pages •
  • Report ID: 5780001 •
  • Format: PDF
OVERVIEW
Markets covered by this analysis include the US, Japan, the five major EU markets (France, Germany, Italy, Spain, and the UK), and the Rest of World (RoW) markets, which includes all other countries. Product innovation and robust growth have intensified in the US advanced wound care products market in recent years; however, similar growth patterns have yet to be realized in other geographic regions. The US accounts for more than 50% of the advanced dressings and closure products market as a whole, and for nearly 70% of the NPWT segment. The combined global market for advanced wound dressings and closure products totaled nearly $7.7bn in 2017, and is expected to climb at a CAGR of 6.7% over the forecast period, reaching more than $10.6bn in 2022. Advanced wound dressings are experiencing particularly dynamic growth, driven by increased use of foam dressings. This market is expected to increase from $3.0bn in 2017 to $4.7bn in 2022, a CAGR of 9.5%.