TechNavio recognizes the following companies as the key players in the Global Advanced Wound Management Market: Kinetic Concepts Inc., Smith and Nephew plc, Molnlycke Health Care AB, and ConvaTec Inc.
Commenting on the report, an analyst from TechNavio’s Healthcare team said: ”One of the major trends witnessed in the Global Advanced Wound Management market is the increasing demand for combination dressings used to treat chronic wounds. Combination dressings blend the physical and chemical properties of two or more types of wound dressing products for optimal functionality of the dressing. Generally, an antimicrobial agent and a biological material that acts as the carrier are used in a combination dressing. Combination dressings that are commonly used are silver alginate dressings, silver collagen dressings, collagen hydrocolloid dressings, and collagen and foam dressings. These dressings can be used for all types of ulcers, as well as for surgical and traumatic wounds. Thus, the increasing demand for combination dressing products is a new trend that is expected to have a positive impact on the growth of the market.”
According to the report, one of the main drivers in this market is the steadily growing aging population worldwide. The increasing prevalence of chronic wounds such as pressure ulcers, diabetic ulcers, and venous ulcers among the aging population is contributing to the growth of the market.
Further, the report states that one of the major challenges in the market is the intense competition among the market vendors. Moreover, the competition has increased the pricing pressure and reduced profit margins of the vendors.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Systagenix Wound Management, Coloplast A/S, 3M Healthcare Ltd., B. Braun Melsungen AG, C.R. Bard Inc., Covidien plc, Derma Sciences Inc., Ethicon Inc., Paul Hartmann AG, and UDL Laboratories Inc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-advanced-wound-management-market…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/healthcare
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TechNavio Announces the Publication of its Research Report “ Global Advanced Wound Management Market 2012-2016
