The acute wound care market will reach $ 2,300 million worth by 2024: Zion's market research



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New York, NY, July 13, 2019 (GLOBE NEWSWIRE) – Zion Market Research has released a new report entitled "Active wound care market by type of product (synthetic skin grafts, allografts, xenografts, amniotic tissue grafts, collagen dressings and growth factors); by type of wound (surgical wounds, ulcers [Pressure Ulcers, Diabetic Foot Ulcers, Arterial Ulcers, and Venous Ulcers]and other injuries), and by end-users (inpatient and outpatient facilities): overall sector perspective, comprehensive badysis and forecasts, 2017-2024 ".

According to the report, the global crisis active wound care market has been valued at approximately $ 950 million in 2017 and is expected to generate revenue of approximately $ 2,300 million by the end of 2024, with a compound annual growth rate of approximately 13.0% between 2018 and 2024 .

The disruption of cell continuity or anything that causes the separation of the connecting tissues is called a wound. The healing of wounds is the restoration of this continuity. Increasing government support, such as funding for research activities, technological advancement in the development of wound care products, increasing diabetic and geriatric population, increasing prevalence of chronic diseases, increasing number of surgeries Around the world, faster healing and recovery times are some of the key factors contributing to the strong growth of the global active wound care market.

Browse through 72 tables and 33 figures on 182 pages and a detailed OCD on "Size and Trends of the Global Active Wound Care Market in 2017: Sector Type Analysis, Overview, Statistics and Forecasts, 2024".

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To facilitate the restoration of the healing mechanisms inherent in the treatment of chronic wounds, active therapies for the treatment of wounds are required. Active wound management involves the application of a biologically active agent such as skin grafts, a growth factor, natural or artificial substitutes for the skin, and so on.

Cleaning dead or infected tissue promotes faster healing of the wound on the skin. Deep cleansing of a wound with the application of a skin substitute or a dressing promotes rapid healing. To treat complex wounds, including surgical wounds, burns, diabetic wounds, etc., active wound treatment products are used. Complex wounds represent predominant challenges for global health systems because they are difficult to heal. Active wound care products quickly replace traditional wound treatment products because of their effectiveness in wound management by enabling faster healing.

According to the NCBI, about 10% of the US population is affected by diabetes and about 25% of the population over 65 has diabetes. The prevalence of chronic wounds, particularly foot ulcers, is increasing in the diabetic population. While nearly 90,000 adults are likely to undergo lower limb amputation. The increase in the geriatric population and the growing prevalence of diabetes is expected to stimulate growth in the acute care market for wounds.

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However, stringent product licensing regulations and high treatment costs can hinder the growth of the active wound care market.
Recently, active wound management therapies are the most promising therapies for the treatment of chronic wounds. Pressure ulcers, diabetic foot ulcers, venous leg ulcers, surgical wounds, etc. are difficult to heal with traditional dressings. This is why many health organizations collaborate with research centers nationally and internationally.

The global market for active wound care is segmented into product type, wound type, end user and geographical area. Depending on the type of product, the market is segmented into synthetic skin grafts, allografts, xenografts, amniotic tissue transplants, collagen dressings, and growth factors. Based on the type of wound, the market is segmented into surgical wounds, ulcers and other wounds. The ulcer segment is further subdivided into pressure ulcers, diabetic foot ulcers, arterial ulcers and venous ulcers. Based on end users, the active wound care market is segmented into inpatient and outpatient facilities.

Browse the full "Active wound care market by type of product (synthetic skin grafts, allografts, xenografts, amniotic tissue transplants, collagen dressings and growth factors), by wound type (surgical wounds, ulcers) [Pressure Ulcers, Diabetic Foot Ulcers, Arterial Ulcers, and Venous Ulcers], and other injuries), and by end-users (inpatient facilities and outpatients): overall sector perspective, comprehensive badysis and forecasts, 2017-2024 " report to https://www.zionmarketresearch.com/report/active-wound-care-market

North America is leading the acute care market for wounds due to favorable reimbursement policies, the increasing incidence of chronic wounds and the increase in the geriatric population. In addition, a broad base of patients with diabetes badociated with foot ulcers and pressure ulcer also contributes significantly to the region's significant share of the global active wound treatment market. According to the American Diabetes Association, in 2012, the annual cost of diabetes, including health expenditures and labor productivity, was about 245 billion USD. The diabetic foot is one of the most expensive chronic wounds and costs about 5 391 USD per patient, according to New Cardiovascular Horizons (NCVH).

Europe is the second largest regional market and is expected to show significant growth in the coming years due to growing awareness of the management of wounds in the geriatric population. Factors such as increased medical tourism, increasing accessibility to health facilities in the region and the increasing incidence of chronic diseases are also expected to contribute to market growth in this region.

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The Asia-Pacific and Latin America market is expected to post the highest CAGR during the forecast period. Market growth is expected in China, India, Brazil and other promising countries where market penetration is only a fraction of that of the United States. The organization also reported that, until 2012, Japanese women had the highest life expectancy, around 87 years in the world. Thus, increasing the life expectancy of this region's population, coupled with a higher demand for higher quality of life, would increase the demand for wound care products in this region.

The report also includes detailed profiles of players such as Smith and Nephew, Molnlycke Health Care AB, Integra Life Sciences Corporation, Baxter, Medtronic, ConvaTec Inc., Coloplast Corporation, Organogenesis Inc., KCI Licensing, Inc., Medline Industries, Inc., Avita Medical, Osiris Therapeutics, Inc., Cytori Therapeutics Inc. and Wright Medical Group NV

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This report segments the global market for active wound care as follows:

Global Active Wound Care Market: Product Type Analysis

  • Synthetic skin grafts
  • allograft
  • xenografts
  • Amniotic tissue transplants
  • Collagen dressings
  • Growth factors

Global Active Wound Care Market: Wound Type Analysis

  • Surgical wounds
  • Ulcers
    • bedsores
    • Diabetic foot ulcers
    • Arterial ulcers
    • Venous ulcers
  • Other injuries

Global Active Wound Care Market: End User Segment Analysis

  • Inpatient facilities
  • Ambulatory care facilities

Global Active Wound Care Market: Regional Sector Analysis

  • North America
  • Europe 
  • Asia Pacific
  • Latin America
  • Middle East and Africa

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