The active wound treatment includes the application of a biologically active agent like growth factor, skin grafts, natural or artificial skin substitutes, and others. The cleaning of a wound with the application of skin substitutes or dressings promotes healing at a rapid pace.
MARKET SCOPE
The "Global Active Wound Care Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the active wound care market with detailed market segmentation by product type, wound type, end user, and geography. The report provides key statistics on the market status of the leading active wound care market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on product type, the global active wound care market is segmented into allograft, synthetic skin grafts, xenografts, collagen dressings, amniotic tissue grafts, and growth factors.
- On the basis of wound type, the market is segmented into chronic wounds, and acute wound.
- Based on end user, the market is bifurcated into hospitals, clinics, ambulatory surgical centers, diagnostic centers, home care settings, and others.
MARKET DYNAMICS
Drivers-
- Surging number of chronic and acute wounds.
- Rising prevalence of diabetes.
- Increasing incidence of diseases which affect the wound healing capabilities.
Restraints-
- High cost of treatment of chronic wounds and side effects associated with products
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The active wound care market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Active wound care market in these regions.
IMPACT OF COVID-19 ON ACTIVE WOUND CARE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and medical industry in various countries due to lockdowns, travel bans, and business shutdowns. Various medical devices companies have shut down their productions, hence are unable to manufacture to meet the rising demand. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, COVID?19 pandemic caused damage in health care in terms of reduced hospital admissions or postponed treatment of patients suffering from other acute or chronic diseases. Further, in Italy, the COVID?19 pandemic and the associated restrictions, like self?quarantine and public lockdown, limited the care of patients with chronic wounds.
MARKET PLAYERS
The report covers key developments in the active wound care market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from active wound care market are anticipated to lucrative growth opportunities in the future with the rising demand for active wound care in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the active wound care market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Mölnlycke Health Care AB.
- Smith & Nephew
- Medline Industries Inc.
- AVITA Medical.
- ConvaTec Inc.
- Cytori Therapeutics Inc.
- Human BioSciences.
- Stryker
- Organogenesis Inc.
- Wright Medical Group N.V.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.