Speak directly to the analyst to clarify any post sales queries you may have.
Lack of awareness among the nurses to handle wound care patients is one of the major limitations. The adoption of advanced products is different among European countries. Countries like Germany and France have better reimbursement, whereas in Italy and other developing countries, the reimbursement for the products are not completely defined.
MARKET DEFINITION
Wound care helps to treat/heal several types of acute injuries, such as burns, bruises, surgical incisions, and chronic wounds, including diabetic foot ulcers, pressure ulcers, and venous ulcers. Wound care consists of products and devices that include bandages, gauze, dressings, cleansers, wound therapy devices, pads, and skin grafts. Wound care management depends on the severity of the wound - acute or chronic.KEY HIGHLIGHTS:
- The demand for the advanced wound care segments in the market is high and constitutes a major share of the products segment. It is expected to grow with incremental growth of more than two billion dollars.
- hospitals and wound care clinics are major end-users of wound care products and constitute for major market share. Most of the community care clinics in Europe handle wound care patients.
- Germany has the highest number of specialty wound care clinics. Countries such as Italy have wound care clinics. However, they are not equally distributed and are uncertain as the cost of advanced wound care products is high in these settings.
- European wound care management committee partners with several institutions in Europe to increase the standard of treatment and reduce re-admission rates among patients.
- Lack of training among the wound care specialists and nurses treating wounds are one of the major limitations for the market growth. Regulation to launch the wound care product is high, the companies have to undergo multiple sets of evaluations in different countries.
VENDOR LIST
Key Vendors
- Johnson& Johnson
- 3M
- Medtronic
- Smith + Nephew
Other Prominent Vendors
- Adhesys Medical
- Advanced Solution Medical Group
- Advancis medical
- B.Braun
- BTI Biotechnology Institute
- Carilex Medical
- Convatech
- Hartmann
- Lohmann & Rauscher
- Molnlycke
- Purple Surgicals
- Peter Surgicals
- Talley Group
- Vivistat
REPORT HIGHLIGHTS
SEGMENTATION & FORECAST
- Product
- Advanced Wound care
- Sutures & Stapling Device
- Traditional Wound Care Products
- Haemostat & Surgical Sealants
- End-User
- Hospitals
- Long-Term Care Facilities
- Home Healthcare
- Others
- Wound Type
- Acute Wound
- Chronic Wound
MARKET STRUCTURE
- Market Dynamics
- Competitive Landscape
- Key Vendors
- Other Prominent Vendors
- Strategic Recommendations
- Quantitative Summary
- Abbreviations
Table of Contents
Companies Mentioned
- Johnson& Johnson
- 3M
- Medtronic
- Smith + Nephew
- Adhesys Medical
- Advanced Solution Medical Group
- Advancis medical
- B.Braun
- BTI Biotechnology Institute
- Carilex Medical
- Convatech
- Hartmann
- Lohmann & Rauscher
- Molnlycke
- Purple Surgicals
- Peter Surgicals
- Talley Group
- Vivistat
Methodology
Our research comprises a mix of primary and secondary research. The secondary research sources that are typically referred to include, but are not limited to, company websites, annual reports, financial reports, company pipeline charts, broker reports, investor presentations and SEC filings, journals and conferences, internal proprietary databases, news articles, press releases, and webcasts specific to the companies operating in any given market.
Primary research involves email interactions with the industry participants across major geographies. The participants who typically take part in such a process include, but are not limited to, CEOs, VPs, business development managers, market intelligence managers, and national sales managers. We primarily rely on internal research work and internal databases that we have populated over the years. We cross-verify our secondary research findings with the primary respondents participating in the study.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 82 |
| Published | July 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 11.28 Billion |
| Forecasted Market Value ( USD | $ 18.06 Billion |
| Compound Annual Growth Rate | 8.1% |
| Regions Covered | Europe |
| No. of Companies Mentioned | 18 |
