Global Advanced Wound Care Market valued at $~8.5 billion in 2022, is set to grow at a ~4% CAGR by 2027

Advanced wound care provides specialized medical treatments for chronic or non-recovering wounds, which are defined as sores or wounds which have not healed significantly during the course of the conventional treatment duration.

Rapid Move towards Advanced Wound Care Over the Conventional Wound Care

Conventional wound care products are used often as a primary or a secondary dressing to prevent the wound from contamination. Conventional wound care products include gauze, lint and cotton dressings.

Advanced wound care products and medical devices facilitate the oxygen flow to the wound while providing a suitable environment to help prevent necrosis. Some of the best advanced wound care products are hydrogels, films, foams, hydrocolloids, alginates, sponges and fabrics. The major benefits of using advanced wound care products are lessened healing time, optimized drainage and reduced infection risk.

Technologically Developments and Innovations in the Management of Chronic Wounds

It is forecasted that there are approximately around 1.5 to 2 million patients living with a chronic or complex wound, some of them for a duration of longer than 6 months. Major innovations in the negative pressure wound therapy (NPWT), surgical incision management, infection prevention, advanced wound care, near-infrared spectroscopy technology, and skin integrity are further poised to trigger the growth of the advanced wound care market.

Innovations in Advanced Wound Care Therapies Triggers the Growth of Advanced Wound Care Market

Non-recovering wounds require some advanced medical treatments to enable wounds to progress through the various stages of the recovering process. Advanced wound care therapies are used when after the standard wound care therapies have failed. Some of the most commonly used therapies are as follows:

·        Cellular and Tissue-Based Therapies

·        Topical Oxygen Therapy

·        Bioactive dressings

·        Negative Pressure Wound Therapy

·        Hyperbaric Oxygen Therapy


North America is Set to Hold a Higher Share in the Advanced Wound Care Market

From a geographical outlook, North America holds a higher market share in the advanced wound care market. This can be mainly attributed to an increasing occurrence of chronic diseases, technological innovations and developments in wound care products, growing cases of burn injuries and a rapid growth in the number of diabetic patients.

Competitive Landscape Analysis: Advanced Wound Care Market

Some of the top and leading industry players operating in the global advanced wound care market are 3M, Smith & Nephew Plc., Convatec Group Plc, Braun, Medela, Coloplast Corp., Organogenesis, MiMedx, among others

The global advanced wound care market is a promising market and is anticipated to gain a consistent momentum in the coming years due to an emphasis on building therapy-based solutions for chronic and acute wounds, the introduction of advanced market products and organic and inorganic growth strategies followed by the main market companies.

Explore Detailed Insights on Advanced Wound Care Market Report with TOC @ https://meditechinsights.com/advanced-wound-care-market/


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