India Wound Care Management Devices Market - Growth, Trends, and Forecasts (2020 - 2025)

The India Wound Care Management Devices market is segmented by Product and Wound Type (Chronic Wound, Acute Wound)

Market Snapshot

Study Period:

2017-2025

Base Year:

2019

CAGR:

6.2 %

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Market Overview

The Wound Care Management Devices Market in India is expected to grow due to the increasing incidences of chronic wounds, ulcers and diabetic ulcers that is a major factor for the market growth. There is also an increasing prevalence of diabetes, which is the primary cause of diabetic foot ulcer, rising in India. 

The number of diabetic patients is also expected to increase with the increasing geriatric population, which, in turn, will drive the growth of the wound care management devices over the forecast period. This can result in a major factor, as the recovery period of injuries is delayed in the geriatric population. This will also positively affect India wound care management devices market. Hence all these factors have been helping the market growth of the wound care management devices market in India.

Scope of the report

As per the scope of the report, wound management products are majorly used to treat complex wounds. Wounds and injuries are common afflictions that affect billions of people worldwide. The products are highly resistant to environmental inhibitors and foreign particles and are used by a nurse under the physician’s orders and supervision, for many reasons. Therefore, the rising rates of risk factors and the need for cost-efficient treatments are driving the need for better wound care products.

By Product
Wound Care
Dressings
Bandages
Other Wound Care Products
Wound Closure
By Wound Type
Chronic Wound
Diabetic Foot Ulcer
Pressure Ulcer
Other Chronic Wound
Acute Wound
Surgical Wounds
Burns
Other Acute Wounds

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Key Market Trends

Application in Diabetic Foot Ulcer is Expected to Dominate the Market

Wound dressings represent a part of the management of diabetic foot ulceration. Each category of dressings has particular characteristics that aid selection. All dressings require frequent change for wound inspection. Heavily exudating ulcers like diabetic foot ulcer require a frequent change to reduce maceration of surrounding skin.

The prevalence of diabetic foot ulcer directly relates to the increasing prevalence of diabetes in India. The probability of incidence of diabetic ulcer in a diabetes patient lifetime is very high, Moreover, some reports have suggested that the prevalence of diabetes has increased in India over the past few decades. Therefore with the increasing of the diabetic population, there is an increase in the prevalence of diabetic foot ulcer as well. Hence this will increase the demand for diabetes foot ulcer wound care management devices, which will help the wound care management devices market growth in India.

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Competitive Landscape

India is a developing country. As result there, increasing demand for wound care management devices. This has in-turn helped market growth of devices market. This has made the market more lucrative. This will encourage global players to make their presence in India.

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Table Of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Increasing Incidences of Chronic Wounds, Ulcers and Diabetic Ulcers

      2. 4.2.2 Increase in Volume of Surgical Procedures Worldwide

    3. 4.3 Market Restraints

      1. 4.3.1 Lack of Awareness Regarding Advanced Wound Care

      2. 4.3.2 High Treatment Costs

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Product

      1. 5.1.1 Wound Care

        1. 5.1.1.1 Dressings

        2. 5.1.1.2 Bandages

        3. 5.1.1.3 Other Wound Care Products

      2. 5.1.2 Wound Closure

    2. 5.2 By Wound Type

      1. 5.2.1 Chronic Wound

        1. 5.2.1.1 Diabetic Foot Ulcer

        2. 5.2.1.2 Pressure Ulcer

        3. 5.2.1.3 Other Chronic Wound

      2. 5.2.2 Acute Wound

        1. 5.2.2.1 Surgical Wounds

        2. 5.2.2.2 Burns

        3. 5.2.2.3 Other Acute Wounds

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 3M Company

      2. 6.1.2 B. Braun Melsungen AG

      3. 6.1.3 Cardinal Health, Inc.

      4. 6.1.4 Coloplast A/S

      5. 6.1.5 ConvaTec Group PLC

      6. 6.1.6 Integra Lifesciences

      7. 6.1.7 Medtronic PLC

      8. 6.1.8 Molnlycke Health Care

      9. 6.1.9 Paul Hartmann AG

      10. 6.1.10 Smith & Nephew

  7. *List Not Exhaustive
  8. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments

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