Advanced wound care management products are majorly used to treat more complex wounds. The products employ the principle of moisture therapy and fit around the shape of the wound. These are highly resistant to environmental inhibitors and foreign particles. For instance, hydrocolloid dressings contain hydrophilic substances, which absorb fluids, dirt, and bacteria, forming a protective gel mass. Maintenance of stable temperature around the wound, protection from infection, removal of dead tissues, assistance in oxygenation, and relieve in pain are major focus areas of advanced wound care products. The global advanced wound care management market was valued at US$ 8,531.0 Mn in 2017 and is anticipated to expand at a CAGR of 5.8 % from 2018 to 2026.
Transparency Market Research (TMR) has published a new report titled, “Advanced Wound Care
Management Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”.
According to the report, the global advanced wound care management market was valued at US$ 8.5 Bn
in 2016 and is projected to expand at a CAGR of 5.8% from 2018 to 2026. Surge in incidence of chronic
wounds and trauma cases is anticipated to boost the demand for advanced wound care management
during the forecast period. North America and Europe are projected to dominate the global advanced
wound care management market owing to higher rate of adoption and awareness regarding wound care
management. Asia Pacific, Latin America, and Middle East & Africa are potential markets for advanced
wound care management. The market in Asia Pacific is expected to expand at a CAGR of 6.3% from 2018
Request Brochure of Report -
Cost-effective advanced wound care management to treat complex wounds to drive global market
Increase in trauma and accident cases across the globe drives the advanced wound care management
market. According to the World Health Organization (WHO), road accidents account for around 1.25
million deaths across the globe each year. Additionally, the number of patients with chronic wounds is
rising rapidly across the world. This is likely to increase the number of surgical procedures;
consequently, propelling the global advanced wound care management market.
Chronic wounds to be highly lucrative segment
Chronic wounds is an emerging segment of the advanced wound care management market. In the
chronic wounds segment, the ulcers sub-segment holds a prominent share. Venous leg ulcers account
for 80% of all leg ulcers. Moreover, the chronic wounds segment is likely to hold major share due to high
cost of therapy across the globe. As per a paper published by NCBI (National Center for Biotechnology
Information), in Ma