• Blog
  • Wound Care Treatment Market Report

    Wound Care Treatment Market Report

    Wound Care Treatment Market Report
    Report code - SRHL294 Delivery - 2 Weeks
    Get Free Sample |
    Play Audio
    Listen
    Global Wound Care Treatment Market, Dynamics, Market Analysis
    See more...

    Impact of COVID-19 on Wound Care Treatment Market

    Covid-19 has impacted the market dynamics, competition, and global...

    See more...

    Impact of COVID-19 on Wound Care Treatment Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    The Global Wound Care Treatment Market is estimated to grow from USD xx billion in 2020 to USD xx billion by 2026 at a healthy CAGR of x% during the forecast period.

    Figure: Global Wound Care Treatment Market Size, 2020-2026 (USD Billion)

    Wound-Care-Treatment-Market-Forecast

    To know about the pacts related to the report, Request for Free Sample here.

    What is Wound care treatment?

    Wound care treatment involves products used to treat various chronic & acute wounds including surgical & traumatic wounds, burn wounds, diabetic foot ulcers, and pressure ulcers among others. The commonly used products to treat wounds include foam dressings, film dressing, sutures & staples, anti-infective dressing, medical tapes, oxygen & hyperbaric oxygen equipment, and pressure relief devices among others.

    Key Players

    Key players operating in the global Wound Care Treatment market are-

    • Smith & Nephew Plc (UK),
    • Johnson & Johnson (US),
    • Derma Sciences, Inc. (US),
    • Mölnlycke Health Care AB (Sweden),
    • B. Braun Melsungen AG (Germany),
    • Baxter International, Inc. (The U.S),
    • Acelity L.P. Inc. (The U.S),
    • Coloplast Corp. (The U.S),
    • Medline Industries, Inc. (The U.S),
    • Medtronic plc (The U.S),
    • ConvaTec Group plc (UK),
    • The 3M Company (The U.S), and
    • Advancis Medical USA LLC (The U.S).

    Market Dynamics

    The global market growth is primarily driven by increasing prevalence of chronic diseases due to changing lifestyle, stress, and unhealthy eating habits coupled with expanding geriatric population across geographies.

    • Additionally, increasing consumption of alcohol and smoking are also likely result in rise in prevalence of non-communicable diseases and thus, propel the market growth.
    • Growing usage of wound care products to prevent surgical site infections is expected to contribute to the market growth substantially.
    • Furthermore, rising demand for advanced wound care products is likely to create lucrative growth opportunities for the players operating in the global wound care treatment market.

    Segment Analysis

    End User Trends

    Based on end-user, the market has been divided into hospitals, clinics, and trauma centers. The hospitals' segment accounted for a substantial market share in 2020 and is projected to continue its dominance during the review period. The segment growth can be attributed to widespread product usage and the rising number of hospitals and clinics.

    Regional Trends

    The market in North America accounted for the largest share in 2020. The regional market growth can be attributed to rising incidences of injuries and the presence of a large number of the geriatric populace. Additionally, the presence of established healthcare infrastructure is expected to propel market growth further. The market in the Asia-Pacific region is projected to register a healthy growth rate on account of increasing healthcare spending and the rapidly growing medical tourism industry.

    COVID-19 Impact on Global Wound Care Treatment Market

    The covid-19 outbreak posed significant challenges to the health care system across geographies. It affected the growth of the Wound Care Treatment market negatively for a short period of time due to the imposition of lockdown as it resulted in trade restriction and supply chain disruptions. Also, many non-essential medical and surgical procedures including wounds treatment were put on a halt which affected the market growth. However, the continuous care of a chronic wound is essential to avoid any sort of infection. Thus, the demand for chronic wound care products was not affected to a greater extent as compared to other types of wounds.

    Critical Questions answered in this report -

    • What are the key trends in the global Wound Care Treatment market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
    • What is the impact of COVID-19 on the global Wound Care Treatment market?
    • What are the key strategies adopted by the major vendors to lead in the global Wound Care Treatment market?
    • What is the market share of the top vendors?

    Wish to know more about the study? Click here

    Target Audience

    The following is a list of the customers that the Global Wound care treatment market aims to convert the most:

    • Wound care treatment distributors,
    • Wound care treatment suppliers,
    • Wound care treatment manufacturers,
    • Logistics organizations,
    • Government bodies.

    Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    Smith & Nephew Plc (UK), Johnson & Johnson (US), Derma Sciences, Inc. (US), Mlnlycke Health Care AB (Sweden), B. Braun Melsungen AG (Germany), Baxter International, Inc. (The U.S), Acelity L.P. Inc. (The U.S), Coloplast Corp. (The U.S), Medline Industries, Inc. (The U.S), Medtronic plc (The U.S), ConvaTec Group plc (UK), The 3M Company (The U.S) and Advancis Medical USA LLC (The U.S) are among the key players in wound care treatment market.

    North America accounted for the largest share in the wound care treatment market in 2020.

    The hospitals' segment is expected to remain dominant in the wound care treatment market during the foreseeable future.

    Increasing prevalence of chronic diseases, increasing consumption of alcohol and smoking, growing usage of wound care products to prevent surgical site infections are the factors driving the growth of wound care treatment market.

    Wound care treatment distributors, Wound care treatment suppliers, Wound care treatment manufacturers, Logistics organizations, Government bodies are the target audience in the wound care treatment market.

    •