Advanced Wound Dressings Market Global Industry Analysis, Insights, Growth, Share, size

 Rising prevalence of chronic wounds and increasing availability of advanced wound dressings are propelling the growth of advanced wound dressings market says Fortune Business Insights in a published report titled “Advanced Wound Dressings Market Size, Share and Global Trend By Product Type (Alginate Dressings, Hydrogel Dressings, Film Dressings, Hydrocolloid Dressings, Antimicrobial Dressings, Foam Dressings), Indication (Diabetic Foot Ulcers, Pressure Ulcers, Surgical Wounds), End Users (Hospitals, Clinics, Home Care Settings) and Geography Forecast till 2025.”Global advanced wound dressings market to grow at significant a CAGR of 4.6% From 2018-2025, owing to the constant focus of key players on R&D to launch new products.

some of the key players in the global Advanced Wound Dressings Market:

• Derma Sciences Inc.
• Coloplast Corp
• ConvaTec Inc.
• Tissue Regenix
• Mölnlycke Health Care AB
• Smith & Nephew
• Organogenesis Inc.
• KCI Licensing, Inc

Innovations in Advanced Wound Dressing Will Support Growth

Shifting preference of healthcare practitioners from old-fashioned wound dressing to advanced wound dressing has led to the expansion of advanced wound dressing market. The demand for advanced dressing for managing and treating wounds such as diabetic, lower limb ulcers, foot ulcers, pressure ulcers and others are fuelling demand for advanced wound dressing in the healthcare sector. Rising prevalence of surgical wounds and chronic wounds in developing countries is further fuelling the demand and enabling the growth of the global advanced wound dressings market. Launch of advanced products by the key player is also supporting the growth of advanced wound dressings. The product launch by companies with an aim to offer better comfort and quicker healing to patients with chronic wounds such as diabetic foot ulcers, pressure ulcers, skin abrasions, cavity wounds venous leg ulcers donor sites and post-operative surgical wounds. For instance, Axio Biosolutions launched MaxioCel, a new innovation in wound care dressing made of chitson. This product is expected to fuel demand among patients and medical practitioners which will consequently help in the growth of advanced wound dressings market.

Asia-Pacific to Account for Highest Share in The Global Market

Asia Pacific region was valued at US$ 1,916.0 Mn in 2017 and is predicted to grow at a significantly high CAGR during the forecast period. According to a survey conducted by the United Nations, the Japanese have the highest life expectancy/life-span among all the countries in the world. Besides Japan other countries in Asia Pacific such as India and China also account for a significant share in the global market. The rising prevalence of chronic diseases directing towards longer hospital stays for patients is fostering the growth of the global advanced wound dressings market. Reduced mobility in the region along with rising incidences of chronic diseases are the factors attributing to pressure ulcers and hence enabling growth of the global advanced wound dressings market. Nevertheless, lack of reimbursement policies in Asia Pacific for advanced wound dressings is the factor hampering the growth for advanced wound dressings market.

The global advanced wound dressings market key players are Derma Sciences Inc., Coloplast Corp, ConvaTec Inc., Tissue Regenix, Mölnlycke Health Care AB, Smith & Nephew, Organogenesis Inc., KCI Licensing, Inc, Other Prominent Players