Wound Management Worldwide Markets: Established and Emerging Products and Technologies

March 21, 2013 - PRLog -- Wound care products have evolved in a continuum from simple wound coverings, closures, dressings, and bandages through sophisticated dressing materials that regulate moisture, control exudate, actively prevent infection and advanced technologies for skin substitutes, cell growth factors and bioengineered skin replacement.  The global market for these products represents a spectrum with sales steadily shifting over the forecast period, according to a new report from MedMarket Diligence.

"The cost of healing wounds, driven by increasing prevalence in chronic wound types -- a trend catalyzed by aging population demographics and concurrently growing prevalence in diabetes and other co-morbidities -- provides an enormous incentive for innovative manufacturers to move wound healing from a largely passive activity to a highly sophisticated process of healing or replacing wound tissues," says Patrick Driscoll, President of MedMarket Diligence.

According to Driscoll, the drive for more accelerated or otherwise more effective wound healing has been steadily shifting the balance of product revenues toward greater volume in advanced technologies, a trend expected to continue unabated through the forecast period.

The rising prevalence of decubitus stasis ulcers and other chronic wounds stems from global caseloads with higher incidence of obesity, diabetes, sedentary lifestyles and aging patients. These wounds, with their demands for protracted care, have an inherent cost that supports the development and use of a variety of advanced wound care technologies. Physical systems like negative pressure wound therapy have proven clinical utility. Autografts, synthetic and bioengineered skin have demonstrated competitive value. A range of cellular and tissue growth factors, delivered in a variety of product forms, have been shown to accelerate and improve wound healing.  These advanced technologies are therefore expected to increasingly penetrate the global wound care market over the next ten years.

The March 2013 report by MedMarket Diligence entitled, "Worldwide Wound Management, Forecast to 2021: Established and Emerging Products, Technologies and Markets in the Americas, Europe, Asia/Pacific and Rest of World", details the complete range of products and technologies used in wound management and wound care, from dressings, bandages, hydrogels, skin and skin substitutes, negative pressure wound therapy (NPWT), growth factors and others. The report details the current clinical and technology developments in the worldwide market providing a current assessment of products in development and on the market; market size and forecast; competitor market shares; 63 key competitor profiles; and an assessment of the market opportunity for current and hopeful competitors. The report provides full year (actual) 2011 market size and share data, with forecast market data to 2021, for the Americas (with detail for U.S., Rest of North America and Latin America), Europe (with detail for United Kingdom, Germany, France, Spain, Italy, and Rest of Europe), Asia/Pacific (with detail for Japan, Korea and Rest of Asia/Pacific) and Rest of World.

The report's emphasis is on the trends in clinical and technology development driving advances in wound care, while baseline data (current and forecast market size and current competitor market shares) is provided for established segments -- multiple dressings types (film, foam, alginate, antibacterial, non-adherent), hydrogels, hydrocolloids, negative pressure wound therapy and growth factors). The report details developments underlying the clinical practice and market development in wound care market, with data on products in development and on the market; market size and forecast; competitor market shares; competitor profiles; and market opportunity. Separate size, growth and competitor data are presented for the U.S., leading western European countries, Japan and the Rest of World category. The report’s company profiles assess key companies regarding current/projected products, technologies and positions in the advanced wound care market.  

The report is described in full at http://www.mediligence.com/rpt/rpt-s249.htm (link), including the report's complete table of contents and list of exhibits. The report may also be ordered directly online for immediate download at http://www.mediligence.com/store/page44.html.