Published Date: 2021-03-09
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European Advanced Wound Care Market size is predicted to cross USD 4.2 billion by 2027, according to a latest forecast report by Graphical Research.
Rising number of surgical procedures will enhance the advanced wound care business growth. Increasing chronic ailments that requires surgical interventions coupled with rising number of accidents and trauma injuries is set to accelerate the number of surgeries being performed. Such rising number of surgical procedures will surely accelerate the number of patients infected from surgical wounds. Non healing surgical wounds may even pose serious threat to patient’s life. Thus, advanced wound care devices can considerably improve quality of life in such patients. As a result, demand for advanced wound care therapy and products is rising that will positively influence the European advanced wound care market growth.
The wound therapy devices segment is estimated to witness over 4.9% CAGR between 2021 and 2027. Technological advancements in wound therapy products will significantly enhance the segmental progression. Recently developed NPWT systems are technologically advanced that facilitates healing and reduces wound closure time. In addition, several studies conducted for analyzing the efficiency and efficacy delivered by NPWT systems in multiple situations such as chronic wounds and thoracotomy wounds will stimulate the segment expansion. Key industry players have developed portable NPWT systems that are similar to conventional NPWT systems, however it provides convenience and ease that increases its adoption amongst geriatric population base.
The surgical wounds segment dominated for more than 30% market share in 2020. Increasing number of surgical procedures in developing nations such as Italy, Belgium and others due to development in healthcare infrastructure will augment the segment growth. The public healthcare system in emerging economies is developing and people are becoming aware regarding treatment of several chronic infections and diseases. Severe accidents require surgical procedures and individuals prone to chronic diseases have high risk of surgical wounds that may occur during surgeries.
Browse detailed statistical insights from the report, “Europe Advanced Wound Care Market Size By End-use (Hospitals, Homecare Settings), By Product (Wound Dressings {Antimicrobial Dressings, Alginate Dressings, Hydrogel Dressings, Foam Dressings, Film Dressings, Hydrocolloidal Dressings}, Wound Therapy Devices, {Negative Pressure Wound Therapy Systems, Pressure Relief Devices, Electrostimulation Devices, Oxygen and Hyperbaric Oxygen Equipment}), By Application (Diabetic Wounds, Skin Burn Wounds, Pressure Wounds, Surgical Wounds, Venous Legs Ulcers), Research Report, Country Outlook (Germany, UK, France, Italy, Spain, Netherlands, Belgium, Austria, Russia), Price Trends, Growth Prospects, Competitive Industry Share & Forecasts, 2021 - 2027” along with the table of contents (ToC) @
https://www.graphicalresearch.com/industry-insights/1688/europe-advanced-wound-care-market
The homecare settings segment size was over USD 905 million in 2020. Rising preference of patients from hospitals to homecare settings due to minimum chances of catching hospital acquired infections and greater patient comfort will augment the market growth. Homecare settings provides an opportunity to receive treatment in the safety of home environment, surging its preference. Similarly, home care settings offer individualized services that are personalized to the client’s finances and health care needs.
UK advanced wound care market is set to observe around 4% growth rate till 2027. Rising prevalence of chronic disorders such as diabetes, and foot ulcers across UK will foster the market demand. Rising income level in developed economies such as UK will create positive impact on industry growth. Rise in income level has also increased the healthcare expenditure that will prove beneficial for the market growth. Escalating spending on chronic and surgical wounds will augment the country-level market expansion.
Some of the foremost players operating in the Europe advanced wound care market are Medtronic, Medline Industries, Hartmann International, B. Braun, Hollister Incorporated, ConvaTec Group, Integra LifeSciences, Coloplast Corp, and others. These leading market players are focusing on developing inorganic and organic growth strategies for maintaining financial stability in the market. For instance, in February 2018, Hartmann announced the launch of its new silicone foam dressings, antimicrobial option called Proximel Ag.
European advanced wound care market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2016 to 2027, for the following segments:
Europe Market, By Product, 2016 - 2027 (USD Million)
Europe Market, By Application, 2016 - 2027 (USD Million)
Europe Market, By End-use, 2016 - 2027 (USD Million)
The above information has been provided for the following countries:
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