Wound Care Active Therapies Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Wound Care Active Therapies Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

  • Transparency Market Research
  • Ongoing
  • Healthcare IT

Report Description

Active therapies are intended to facilitate re-establishment of innate repair mechanisms in the treatment of chronic wounds, which involve application of active biological agents such as growth factors, skin grafts, and skin substitutes, and other agents. Incidence of chronic wounds including diabetic foot ulcers, pressure ulcers, venous leg ulcers, surgical wounds, and burns is increasing across the world. Treatment of chronic wounds has been evolving with time and the products and therapies in the treatment of chronic wounds have evolved from traditional wound dressings to new and advanced wound dressings, wound care devices, and active therapies. Active therapies are the emerging therapies in wound care and considered to be the most promising in the treatment of chronic wounds. Wound care dressings have not been efficient in the treatment of chronic wounds, and devices used in the current modules of treatment also lack comprehensive data presenting the complete healing of wounds, especially in the hard to heal ulcers segment. Hence, various health care organizations across the world in collaboration with regional and national governments and other research universities are focusing on new and advanced active therapies in the treatment of chronic wounds by conducting various clinical trials.

The global wound care active therapies market can be segmented based on type of wound, therapy type, end-user, and region. In terms of type of wound, the global market can be categorized into diabetic foot ulcers, pressure ulcers, lower limb ulcers, surgical wounds, burns, and other wound types. The diabetic foot ulcers segment is expected to account for the largest share of the global wound care active therapies market owing to rising incidence of diabetes and diabetic foot ulcers, and increasing applications of active therapies in the treatment of diabetic foot ulcers due to positive clinical trials. Based on therapy type, the market can be classified into growth factors, skin grafts and substitutes, and other active therapies. The skin grafts and substitutes segment dominated the global wound care active therapies market in 2016. However, rising adoption of growth factors in active therapies is likely to drive the market. In terms of end-user, the market can be segmented into hospital inpatient settings, hospital outpatient settings, clinics, long-term care centers, home care settings, and others.

Increasing incidence of chronic wounds and growing number of clinical studies demonstrating the effectiveness and superiority of active therapies over other traditional and advanced wound dressings in the treatment of chronic wounds are the major factors expected to propel the global wound care active therapies market from 2017 to 2025. However, lack of reimbursement in countries in Europe such as Germany, the U.K., and other countries across the world for active therapies in the treatment of chronic wounds is expected to restrain the global market during the forecast period.

In terms of region, the global wound care active therapies market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to dominate the global market owing to adequate reimbursement for active therapies in the treatment of chronic wounds, increasing incidence of diabetic foot ulcers, lower limb ulcers, and other chronic wounds, rising health care expenditure in the region, and growing demand among patients and health care providers for new and advanced therapies in the treatment of chronic wounds.

Key players operating in the global wound care active therapies market include MiMedex Group, Inc., Organogenesis, Inc., Integra Lifesciences, Inc., Osiris Therapeutics, Inc., Smith & Nephew plc, ACell, Inc., and Soluble Systems, LLC. among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market 

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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