The advanced wound care market will reach $8.7bn in 2015

Thursday 3 October 2013, Amsterdam

This new report predicts that the world market for advanced wound care will reach $8.7bn in 2015. Those forecasts and others appear in The Top 20 Companies in the Advanced Wound Care Market 2013-2023, published in August 2013. Clinicians and patients now prefer advanced products over the traditional ones, as they are more efficient in wound healing and reducing hospital stays. Also, an increasing elderly, obese and diabetic population will further drive market growth.

Amritha.M.Ramakrishnan, a pharmaceutical industry analyst, said: “The advanced wound care market has tremendous potential for growth. With more clinicians now preferring advanced wound care products, companies like KCI, Smith & Nephew, Molnlycke and ConvaTec are clear beneficiaries. These four companies together constituted 55.7% of the total advanced wound care market in 2012. In recent years, the advanced wound care market has enjoyed strong growth mainly driven by moist wound care products and to a small extent by wound care devices and biologics. Although the wound care biologics market is still in an early stage of growth, many companies see healthy future sales attracting them to this fast growing market. The acquisition of Healthpoint Biotherapeutics by Smith & Nephew shows the interest of big companies in this fast growing segment of the AWC market.”

This report provides revenue forecasts to 2023 for the global advanced wound care market. It forecasts world sales for the moist wound care, wound care devices and wound care biologics market along with the subsegments. That research analyses the 20 leading companies in the advanced wound care market including 3M, Avita Medical, B.Braun, BSN Medical, Derma Sciences, Coloplast, ConvaTec, Covidien, Genzyme, HARTMANN GROUP, Hollister Wound Care, Human Biosciences, KCI, Laboratoires Urgo, Medline Industries, Molnlycke, Organogenesis, Shire, Smith & Nephew and Systagenix. It also discusses the marketed products, products in the pipeline, commercial news, strengths and threats analyses and shows interviews with experts in the advanced wound care market. The study also includes a SWOT analysis for each submarket and a Porter’s five force analysis to understand the environment in which the companies operate.