North America Advanced Wound Care Market By Type (dressings, Therapy Devices, And Active Wound Care), By Application (skin Ulcers, Surgical Wounds, And Burn Wounds), By End User (inpatient Services And Outpatient Services) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2018–2023)

North America Advanced Wound Care Market By Type (dressings, Therapy Devices, And Active Wound Care), By Application (skin Ulcers, Surgical Wounds, And Burn Wounds), By End User (inpatient Services And Outpatient Services) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2018–2023)

ID: 111 | Pages: 144 | April 2018 | Region: North America


Advanced wound care devices provide respite to the people who endure Chronic wounds, which are often time consuming and expensive to treat. Technology has leapfrogged in this area. Advanced wound care products are gradually replacing their traditional counterparts as they enable faster healing of chronic wounds.

North America Advanced Wound care Market has been estimated at USD 11.25 billion in 2018 and is projected to reach USD 4.47 billion by 2023 at a CAGR of 3.46% during the forecast period from 2018-2023 

Advanced Wound care market caters readily accessible and reasonably priced products to the patients suffering from chronic wounds. Treatment in advanced wound care includes interventions therapies and products such as collagen products, hydrocolloids, antimicrobial dressings, foam dressings, alginate dressings, gauze composites, film dressings, and hydrogels among others. As technology becomes much more advanced and user-friendly, the quality of life of patients afflicted with chronic wounds in North America rises.

The North American market is mainly driven by technological advances, Increasing Aging Population, Increasing Hospital costs, Growing Incidences of Chronic Wounds and diabetes, initiatives taken by the government, and a pressing need for swift and safer treatment of chronic wounds.  The High cost associated with the treatment and reimbursement issues are the main factors which hinder the North American market.

The North America advanced wound care market has been segmented on the basis of type, application and end users. By type, the advanced wound care market is segmented into dressings, therapy devices, and active wound care. The dressing segment accounts for the largest portion of the North American market. However, active wound care is the fastest growing segment in this category. On the basis of application, the market is divided into skin ulcers, surgical wounds, and burn wounds. The surgical wounds segment leads the North American market. However, the skin ulcer segment is the fastest growing one in this category. On the basis of the end user, the market is further segmented into inpatient services and outpatient services. The inpatient facilities segment grabs the largest chunk of the North American market. However, outpatient service is the fastest growing segment in this category.

North America is the leading market for the Advanced Wound care products and is projected to lead the market during the forecast period. The market is geographically segmented into USA and Canada. USA accounts for the major part of the North American market with the largest consumer base. Factors, such as rising incidences of diabetes, technological advancements, and encouraging government policies drive the market in this region. However, high cost associated with the treatment is a vital factor that is hampering the growth of the market across North America.

The market has more significance with trends showing that people desire more efficient solutions for their illnesses. This technology is especially inclined towards the elderly population in this region, for whom easily accessible healthcare is paramount. The major companies dominating this market for its products and services in this region are Acelity L.P., Inc. (U.S.), Smith and Nephew Plc. (U.K) (market share is 15-20%), Mölnlycke Health Care (Sweden), ConvaTec, Inc. (U.S.), Coloplast Corp. (Denmark), 3M Health care (U.S), Medtronic (U.S), Integra Lifesciences Corporation (U.S). The recent trends in mergers and acquisitions in this region show that smaller companies are working with bigger ones for advanced innovations in the global anaesthesia monitoring devices market, by utilizing their core competencies. The future of this technology in this part of the world looks pretty optimistic as it offers a huge potential for change in treating patients.

1.Introduction                  

                1.1 Market Definition    

                1.2 Study Deliverables  

                1.3 Base Currency, Base Year and Forecast Periods           

                1.4 General Study Assumptions

2. Research Methodology                           

                2.1 Introduction              

                2.2 Analysis Design         

                2.3 Research Phases      

                                2.3.1 Secondary Research

                                2.3.2 Primary Research

                                2.3.3 Econometric Modelling

                                2.3.4 Expert Validation

                2.4 Study Timeline          

3. Overview                      

                3.1 Executive Summary

                3.2 Key Inferences         

                3.3 New Developments

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                      

                4.1 Market Drivers          

                4.2 Market Restraints    

                4.3 Key Challenges         

                4.4 Current Opportunities in the Market

5. Market Segmentation                              

                5.1 By Type        

                                5.1.1 Dressings

                                5.1.2 Therapy Devices

                                5.1.3 Active wound care

                5.2 By Application           

                                5.2.1 Skin ulcers

                                5.2.2 Surgical wounds

                                5.2.3 Burn wounds

                5.3 By End User

                                5.3.1 In-patient services

                                5.3.2 Out-patient services

6. Geographical Analysis                              

                6.1 United States            

                6.2 Canada         

7.Strategic Analysis                        

                7.1 PESTLE analysis         

                                7.1.1 Political

                                7.1.2 Economic

                                7.1.3 Social

                                7.1.4 Technological

                                7.1.5 Legal

                                7.1.6 Environmental

                7.2 Porter’s Five analysis              

                                7.2.1 Bargaining Power of Suppliers

                                7.2.2 Bargaining Power of Consumers

                                7.2.3 Threat of New Entrants

                                7.2.4 Threat of Substitute Products and Services

                                7.2.5 Competitive Rivalry within the Industry

8.Market Leaders' Analysis                          

                8.1 Acelity          

                                8.1.1 Overview

                                8.1.2 Product Analysis

                                8.1.3 Strategic Evaluation and Operations

                                8.1.4 Financial analysis

                                8.1.5 Legal issues

                                8.1.6 Recent Developments

                                8.1.7 SWOT analysis

                                8.1.8 Analyst View

                8.2 Coloplast     

                8.3 3M Health care         

                8.4 Medtronic  

                8.5 Integra Lifesciences

                8.6 Derma Sciences        

                8.7 ConvaTac    

                8.8 Smith & Nephew     

                8.9 Molnylcke   

                8.10 Organogenesis       

9.Competitive Landscape                            

                9.1 Market share analysis            

                9.2 Merger and Acquisition Analysis        

                9.3 Agreements, collaborations and Joint Ventures          

                9.4 New Product Launches          

10.Expert Opinions                         

                10.1 Market Outlook     

                10.2 Investment Opportunities 

Appendix                           

                a) List of Tables

                b) List of Figures              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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  1. North America Advanced Wound Care Market By Type From 2018-2023 ( USD Billion )
  2. North America Dressings Market By Region From 2018-2023 ( USD Billion )
  3. North America Therapy Devices Market By Region From 2018-2023 ( USD Billion )
  4. North America Active Wound Care Market By Region From 2018-2023 ( USD Billion )
  5. North America Advanced Wound Care Market By Application From 2018-2023 ( USD Billion )
  6. North America Skin Ulcers Market By Region From 2018-2023 ( USD Billion )
  7. North America Surgical Wounds Market By Region From 2018-2023 ( USD Billion )
  8. North America Burn Wounds Market By Region From 2018-2023 ( USD Billion )
  9. North America Advanced Wound Care Market By End User From 2018-2023 ( USD Billion )
  10. North America In-patients Market By Region From 2018-2023 ( USD Billion )
  11. North America Out-patients Market By Region From 2018-2023 ( USD Billion )
  12. United States Advanced Wound Care Market By Type From 2018-2023 ( USD Billion )
  13. United States Advanced Wound Care Market By Application From 2018-2023 ( USD Billion )
  14. United States Advanced Wound Care Market By End User From 2018-2023 ( USD Billion )
  15. Canada Advanced Wound Care Market By Type From 2018-2023 ( USD Billion )
  16. Canada Advanced Wound Care Market By Application From 2018-2023 ( USD Billion )
  17. Canada Advanced Wound Care Market By End User From 2018-2023 ( USD Billion )
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