Global Advanced Wound Care Market to grow with 5.5% CAGR during 2031 to 2031 | 3M (Acelity Inc.), Adynxx, Inc., B Braun Melsungen AG

Global Advanced Wound Care Market is expected to reach $15.5bn by 2031 growing at a CAGR of 5.5% between 2021 and 2031.

Global Global Advanced Wound Care Market report from Global Insight Services is the single authoritative source of intelligence on Global Advanced Wound Care Market t. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Market Overview

Wound care management products are bifurcated into traditional wound care and advanced wound care products. Traditional wound care management is more preferred across the globe wherein health practitioners use wound care products like medical tapes, dressings, and bandage rolls to protect the wound from external factors and to prevent bleeding and infections. Advanced wound care products promote a natural healing process, without restraining the wound and comprise the use of foam dressings, alginates, hydrogels, and hydrocolloids.

Market Drivers

Ageing  population across the globe

According to the UN Department of Economic and Social Affairs, in 2019, there were 703 million persons aged 65 years or over in the global population. This figure is projected to double to 1.5 billion in 2050. Globally, the share of the population aged 65 years or over increased from 6% in 1990 to 9% in 2019. That proportion is projected to rise further to 16% in 2050, when it is expected that one in six people across the globe will be aged 65 years or over.

Market Segments

By Product

  • Dressings
  • Devices & Accessories
  • Grafts & Matrices
  • Topical Agents

By Wound Type

  • Surgical & Traumatic Wounds
  • Diabetic Foot Ulcers
  • Pressure Ulcers
  • Venous Leg Ulcers

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Key Players
  • 3M (Acelity Inc.)
  • Adynxx, Inc.
  • B Braun Melsungen AG
  • Coloplast A/S
  • ConvaTec Group plc
  • Essity AB (BSN Medical GmbH)
  • Integra Lifesciences (Derma sciences)

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