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Advanced Wound Care Market Share

Report ID: GMI2871
Published Date: Nov 2021
Report Format: PDF

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Advanced Wound Care Market Share

Some of the prominent players operating in the market include

3M
Coloplast
Hollister Incorporated
Medline Industries
Molnlycke
HARTMANN International
ConvaTec Group
MPM Medical
Smith and Nephew
Organogenesis
Integra LifeSciences Corporation
BSN Medical (Essity AB)
Beiersdorf global
Lohmann & Rauscher
B. Braun

These market participants are implementing various growth strategies to sustain market competition.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Market size of advanced wound care surpassed USD 9.3 billion in 2020 and is set to expand at a CAGR of 5.6% through 2027 driven by the surging geriatric population, obesity, and rising prevalence of diabetes at the global level.

The diabetic wound recorded USD 1.2 billion in 2020 and will grow owing to rising disease prevalence and an increasing population undergoing non-traumatic amputations.

The hospitals reached nearly USD 3.8 billion in 2020 and will escalate with surging healthcare expenditure for the provision of improved patient care.

North America market registered more than 40.5% market share in 2020 and will depict substantial growth due to the presence of well-developed healthcare facilities in Canada and the U.S.

Major participants across the market comprise Medline Industries, 3M, MPM Medical, Beiersdorf global, ConvaTec Group, Coloplast, Smith and Nephew, HARTMANN International, and others.