Advanced and Established Wound Care Technologies Driving $12 Billion Market, MMD Report

Growth factors, tissue engineering and skin substitutes are combining with traditional wound care products that will drive the global market from over $12 billion in 2013 to near $19 billion in 2021, according to a new MedMarket Diligence report.
 
 
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* Wound Management
* Medtech

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April 29, 2013 - PRLog -- Medical technology has proven itself capable of targeting and solving healthcare challenges with remarkably diverse options. Manufacturers focused on wound management have exemplified this perhaps better than in any other segment by addressing the challenge of wound healing with technologies as varied as negative pressure wound therapy (NPWT) and other physical treatments, bioengineered skin, allograft skin, substitutes, and cellular growth factors, as well as a growing number of wound dressings and bandages optimized to effect more rapid wound healing. The full spectrum of these wound care technologies, the companies developing them and the forecast market for these products through the year 2021 are the subject of a new MedMarket Diligence report, "Wound Management, Worldwide Market and Forecast to 2021: Established and Emerging Products, Technologies and Markets in the Americas, Europe, Asia/Pacific and Rest of World."

"Innovative manufacturers have abandoned the notion that wound healing must be managed as a passive activity in which medical products are simply expected to allow the body's normal processes of wound healing to occur at a leisurely pace," says Patrick Driscoll, president of MedMarket Diligence, publisher of the 2013 wound management report. "Wounds have become sufficiently complex, arising especially from chronic wound etiology, and their costs have become increasingly unacceptable in resource-constrained healthcare systems, to warrant development and application of active medical technologies that aggressively intervene in the wound environment to reduce infection and other complications and otherwise accelerate the process of wound healing."

The global market for wound management is comprised of products encompassing a wide range of dressings and bandage types, growth factors, bioengineered skin and skin replacements and physical wound healing systems. These products represented a market of more than $12 billion in 2012 that is on pace to reach almost $19 billion by 2021.

The MedMarket Diligence report on the global wound management market is entitled, "Wound Management, Worldwide Market and Forecast to 2021: Established and Emerging Products, Technologies and Markets in the Americas, Europe, Asia/Pacific and Rest of World", and is described in detail at http://www.mediligence.com/rpt/rpt-s249.htm.

The report 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 assesment of the market opportunity for current and hopeful competitors. The report provides full year (actual) 2012 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.

This 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 available for immediate download from http://www.mediligence.com/store/page44.html.

The report is described, with complete table of contents and list of exhibits, at http://www.mediligence.com/rpt/rpt-s249.htm.
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