North America Wound Care Management Market
The North America dominates the market of Wound Care Management. The North America market is expected to reach USD XX million by 2022 from USD XX million in 2016, at a CAGR of XX%. Wounds are being classified as acute and chronic. There are traditional and advanced wound care & closure products for their treatment. Chronic wounds are the wounds that are hard to heal, take substantial time to heal and are expensive to treat. Advanced wound care & closure products are emerging as a standard solution for treating chronic wounds. Many players in this industry are trying to enlarge their product portfolio in order to top this Industry. The top companies are acquiring other companies in this industry as their strategy to dominate this market.
This market in North America is driven by increase in chronic wounds and ulcers, rising incidence of diabetes, aging population, increasing awareness about new technologies for wound care and government support in the form of funding.
The major restraints for this market in North America is high cost of technically superior products for wound care and lack of proper refund policies.
The North America market for Wound Care management is segmented on the basis of its management, applications, end users and geography. The wound management is segmented into advanced wound closure and advanced wound care which includes wound dressings, active wound care and therapy devices. Geographically, the segment includes the United States, Canada and Mexico.
Some of the key players in this market include –
3M Company, Baxter International, Mölnlycke Health Care, Convatec Healthcare B.S.A.R.L, Derma Sciences Inc, Integra LifeSciences, Hollister Inc, Ethicon Inc, Acelity L.P, Smith & Nephew and Others
Market analysis for the market, with region specific assessments and competition analysis.
Market definition along with the identification of key drivers, restraints opportunities and challenges.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
Extensively researched competitive landscape section with company profiles of key players with the analysis of their current strategic interests and key financial information.
Identification and analysis of the macro and micro factors that affect the North America Wound Care Management Market. Insights of the market in the regions that have the highest potential for growth and also identify the markets that are still untapped.
1.1 Market Definition
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Market Overview
5.1 Current Market Scenario
5.2 Porters Five Forces
5.2.1 Bargaining Power of Suppliers
5.2.2 Bargaining Power of Consumers
5.2.3 Threats of New Entrants
5.2.4 Threat of Substitute Product and Services
5.2.5 Competitive Rivalry within the Industry
6. Market Drivers, Restraints, Opportunities and Challenges (DROC) Analysis
6.1 Market Drivers
6.1.1 Increase in Aging Population
6.1.2 Rise in Chronic Wounds, Ulcers, Diabetic Ulcers
6.1.3 Technological Advancements
6.1.4 Government Initiatives
6.1.5 Increase in Surgeries
6.2 Market Restraints
6.2.1 High-Cost Procedures
6.2.2 Lack of Proper Reimbursements
7. Market Segmentation
7.1 Segmentation by Wound Management Type
7.1.1 Advanced Wound Closure
22.214.171.124 Hemostatic and Sealing agents
126.96.36.199 Wound Closure Devices
188.8.131.52 Tissue closure adhesives
7.1.2 Advanced Wound Care
184.108.40.206 Moist Wound Dressings
220.127.116.11.6 Alginate Dressings
18.104.22.168.7 Silver Wound Dressings
22.214.171.124 Active Wound Care
126.96.36.199.1 Skin Substitutes
188.8.131.52.2 Growth Factors
184.108.40.206 Therapy Devices
220.127.116.11.1 Negative Pressure Wound Therapy
18.104.22.168.2 Pressure Relief Devices
7.2 Segmentation by Application
7.2.4 Surgical Wounds
7.3 Segmentation by End User
7.3.1 Hospitals & Community Health Services
7.3.2 Home Healthcare
7.4 Segmentation by Geography
7.4.1 United States
8. Competitive Landscape
8.1 Mergers and Acquisition Analysis
8.2 Agreements, Collaboration and Partnerships
8.3 New Product Launches
9. Key Players
9.1 3M Company
9.2 Baxter International
9.3 Mölnlycke Health Care
9.4 Convatec Healthcare B.S.A.R.L
9.5 Derma Sciences Inc
9.6 Integra LifeSciences
9.7 Hollister Inc
9.8 Ethicon Inc
9.9 Acelity L.P
9.10 Smith & Nephew
10. Future of the Market