Bioactive Wound Management Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2023

 

Bioactive Wound Management Market: By Product ((Antimicrobial Wound Care (Silver Based, Non Silver Based) Active Wound Care (Skin Substituents, Bio Materials)), (Moist Wound Care (Hydrocolloids, Films, Hydrogels, Foams, Alginates)), By Type (Allografts, Xenografts, Collagen Based Dressings, Skin Substitutes, Topical Dressings) By Geography (Latin America, North America, Asia Pacific, the Middle East and Africa and Europe) – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2023

 

Market Outline: Bioactive Wound Management Market

 

Wound is a disruption of skin epithelial lining or mucosa which results in thermal or physical damage. Depending upon healing nature and duration, wound is classified as chronic wounds and acute wounds. Wounds can be caused due to incisions made in the body during surgeries. In bioactive wound management a sterile dressing or pad is applied on the wounds to assist healing and to prevent further contamination and injuries. In bioactive wound management dress in different from normal bandage and designed specially to stay in direct contact with wound.

 

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Market Dynamics: Bioactive Wound Management Market

 

Bioactive wound management market is driven by advancements in technology, upsurge in geriatric population, and problems associated with conventional wound healing procedures. Furthermore, increase in government initiatives, demand for fast and safe treatment for chronic wounds, increase in prevalence of lifestyle disorders such as venous leg ulcer, pressure ulcer and diabetic foot ulcer are anticipated to fuel the revenue growth of bioactive wound management. However, high cost of treatment and unfavourable reimbursement policies are restraints of bioactive wound management market.

 

Market Scope: Bioactive Wound Management Market

 

The bioactive wound management market is classified on the basis of product, type, end user and regions.

Based on Product, market is segmented as

1. Antimicrobial Wound Care
   1. Silver based
   2. Non Silver Based
2.  
3. Active Wound Care
   1. Skin Substituents
   2. Bio Materials
4.  
5. Moist Wound Care
   1. Hydrocolloids
   2. Films
   3. Hydrogels
   4. Foams
   5. Alginates
6.  
7. Based on Type, market is segmented as
8. Allografts
9. Xenografts
10. Collagen Based Dressings
11. Skin Substitutes
12. Topical Dressings
13.  
14. Based on End User, market is segmented as
15. Clinics
16. Hospitals
17. Trauma Centres
18. Ambulatory Surgical Centres (ASC)
19.  
20. Based on Region, Market is segmented as
21.  
22. North America
23. Latin America
24. Europe
25. Asia Pacific
26. The Middle East and Africa
27.  

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Market Summary: Bioactive Wound Management Market

 

Bioactive wound management market is in nascent stage. Many innovative products are being developed and designed by market players in order to provide quick healing for the chronic wounds like venous leg ulcers, diabetic foot ulcers. For example, Tegaderm Alginate silver dressing by 3M Company is an antibacterial silver dressing for wounds which provide moisture to the wounds because of soft gelling absorbency, so as to heal quickly. Bioactive wound products are useful during severe trauma, diabetic ulcers, and burns. Introduction of Dermagraft and Alpigraph have provided major support for the bioactive wound management market growth. Major players are focused on collaborations and partnerships, product launches and investments on R&D activities. For instance, in 2015 3M Healthcare acquired IveraMedical Corporation and in the same year Smith & Nephew acquired DeOST LLC and DeLLC, a part of DeOST group.

 

Regional Analysis: Bioactive Wound Management Market

 

Bioactive wound management market is segmented as Latin America, Europe, Asia Pacific, North America, and The Middle East and Africa.  North America dominates the bioactive wound management market due to rise in incidence of injuries, growing patient awareness, and increase in prevalence of diabetes. As per American Burn Association statistics, approximately 486,000 burn injuries registered in U.S. in 2011. Europe holds the second largest position in global bioactive wound management market due to rise in adoption of advanced technologies, presence of large number of market players. Asia Pacific is the most lucrative market in global bioactive wound management market owing to rapid development of emerging countries, rising awareness among the people, increase in prevalence of injuries and burns.

 

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Competition Assessment: Bioactive Wound Management Market

 

Some of the players in bioactive wound management market are

1. Smith & Nephew plc  (UK)
2. Wound Care Technologies, Inc. (U.S.)
3. Acelity LP Inc. (U.S.)
4. Baxter International Inc. (U.S.)
5. 3M Company (U.S.)
6. Medtronic plc (U.S.)
7. Hematris wound care GmbH (Germany)
8. Derma Sciences, Inc. (U.S.)
9. BSN Medical GmbH (Germany)
10. Mölnlycke Health Care AB (Sweden)
11. Coloplast A/S (Denmark)
12. IonMed (Israel)
13. ConvaTec Group Plc (UK)
14. Ethicon, Inc. (U.S.)
15.  

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Precision Business Insights is one of the leading market research and business consulting firm, which follow a holistic approach to solve needs of the clients. We adopt and implement proven research methodologies to achieve better results. We help our clients by providing actionable insights and strategies to make better decisions. We provide consulting, syndicated and customised market research services based on our client needs.