Market Snapshot
| Study Period: | 2018 - 2026 |
| Base Year: | 2019 |
| CAGR: | 6.82 % |
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Market Overview
The Italy Wound Care Management market is expected to register 6.82% of CAGR during the forecast period. The key contributors in the market are the increasing incidences of chronic wounds, ulcers, diabetic ulcers, etc., and the rising burden of the geriatric population.
Diabetic foot ulcers are found to be a major health concern, the severity of which can lead to amputation of the legs. According to the International Diabetes Federation, 2020, around 3,699,400 people are suffering from diabetes in Italy and the number is expected to increase in the coming years. People with diabetes often lead to complications with respect to wound and foot ulcers. Hence, the aforementioned factors are expected to boost the Italy wound care management market.
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 many people. 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 | ||||||
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| By Wound Type | |
| Chronic Wound | |
| Acute Wound |
Key Market Trends
Surgical Staples are Expected to Show a Lucrative Growth in the Italy Wound Care Management Market
Surgical staplers are used in surgical procedures for closing the wounds, surgical incisions, and reconnecting the tissues. The increasing number of surgical procedures, shifting preferences of people to minimally invasive procedures, and rising geriatric population are expected to increase the demand for surgical staplers. According to the World Ageing Report, in 2019, Italy has registered around 13,934 people aged 65 years and above and by 2030 it is expected to increase to approximately 16,462. Hence, the rising burden of the geriatric population and rising surgical procedures are expected to propel the market growth in this segment.
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Competitive Landscape
The companies in Italy Wound Care Management market are showing continuous growth and are developing new and differentiated products and services, which address the evolving healthcare needs among patients, providers, and consumers. Some of the key players in Italy Wound Care Management market are 3M, B. Braun Melsungen AG, Coloplast AS, ConvaTec Group Plc, Integra LifeSciences, Molnlycke Health Care, Medtronic Plc, and Smith & Nephew.
Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.2.1 Increasing Incidences of Chronic Wounds, Ulcers, Diabetic Ulcers, etc.
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4.2.2 Rising Burden of Geriatric Population
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4.3 Market Restraints
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4.3.1 Reimbursement Issues for Advanced Wound Care Products
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4.4 Porter's Five Force Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Product
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5.1.1 Wound Care
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5.1.1.1 Dressings
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5.1.1.2 Wound care Devices
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5.1.1.3 Topical Agents
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5.1.1.4 Other Wound Care Products
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5.1.2 Wound Closure
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5.1.2.1 Suture
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5.1.2.2 Staplers
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5.1.2.3 Others
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5.2 By Wound Type
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5.2.1 Chronic Wound
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5.2.2 Acute Wound
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6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
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6.1.1 3M Company
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6.1.2 B. Braun Melsungen AG
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6.1.3 Coloplast AS
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6.1.4 ConvaTec Group Plc
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6.1.5 Integra LifeSciences
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6.1.6 Molnlycke Health Care
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6.1.7 Medtronic Plc
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6.1.8 Paul Hartmann AG
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6.1.9 Smith & Nephew
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*List Not Exhaustive -
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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Frequently Asked Questions
What is the study period of this market?
The Italy Wound Care Management Market market is studied from 2018 - 2026.
What is the growth rate of Italy Wound Care Management Market?
The Italy Wound Care Management Market is growing at a CAGR of 6.82% over the next 5 years.
Who are the key players in Italy Wound Care Management Market?
Paul Hartmann AG, ConvaTec Group Plc, Integra LifeSciences Corporation, Smith & Nephew, Coloplast AS are the major companies operating in Italy Wound Care Management Market.
