Global Therapy devices Wound Care Market Research Report
The Global Therapy devices wound care market is mainly driven by competitive pricing from players and the ability to treat chronic and acute wounds. It was valued at $ 3,467 million in 2013 and is expected to reach $4,459 million by 2018, at a CAGR of 5%. The Therapy devices market is the second largest segment of $26,830 million global wound care market.
The report “Global Therapy devices wound care Market forecast, 2012-2018” analyzes the market of advanced wound care by 9 segments such as Negative Pressure Wound Care Therapy (NPWT), pressure relief devices, electrical stimulation devices, hyperbaric oxygen therapy, ultraviolet devices, electromagnetic therapy devices, whirlpool therapy, ultrasound therapy and low intensity laser therapy. With a market value of $2,256 and $2,875 million, NPWT and pressure relief devices have been contributing around 65% and 8% respectively in terms of value towards total therapy devices wound care market. Growth is witnessed due to an increase in incidences of diabetic ulcers across the world, increased awareness of patients, and increased demand for easy-to-use and portable devices for long-term wound care.
Asia is the fastest growing market because of increasing population and high prevalence of chronic wounds due to diabetic ulcers and arterial ulcers. Growing confidence of physicians in NPWT technology and patient awareness are among the major driving forces for therapy wound care market. Asia has become the most attractive market as it consists of both developed and developing markets which have great potential. Among developed nations, Japan has become a key market in the region after the 2010 reimbursement approval for NPWT. Although penetration is currently low, the market in Asia presents potential opportunity for growth of therapy wound care market due to its high population base, increasing patient awareness, rise in diabetic population and high disposable incomes.
In North America (US, Canada and Mexico) and Europe (Germany, France, Italy, Spain, UK), the rising rates of chronic wounds and ageing population has motivated companies to focus on therapy devices wound care products. In Europe, the therapy devices wound care market is forecasted to rise from $762 million to $978 million in the next five years, with a growth rate of 5.3%. The therapy devices wound care market is better accepted in developed countries due to favorable reimbursement rates. The changing business environment and increased patient needs has brought about the development of innovative advanced wound care products that are easier to use, more comfortable and provide quick wound healing with less pain.
According to the American Diabetes Association and the Centers for Disease Control and Prevention, in 2011, about 18.8 million people in the U.S. alone suffered from diabetes and accounted for 8.3% of the U.S. population. There is high prevalence of chronic disease in Asia because of growing aging population and change in lifestyles, whereas in North America and Europe it’s because of high diabetes and obese population.
The report also provides an extensive competitive landscaping of companies operating in therapy devices wound care market. The main companies operating in therapy devices wound care market and extensively covered in this report are Kinetic Concepts, Inc. Smith & Nephew plc, ConvaTec, Inc., Arjohuntleigh. Segment and country specific Company shares, News & Deals, M&A, segment specific pipeline products, product approvals and product recalls of the major companies have been detailed.
Customization Options:
Along with the market data, you can also customize MMM assessments that meet your company’s specific needs. Customize to get comprehensive industry standards and deep dive analysis of the following parameters:
Product Analysis
- Usage pattern (in-depth trend analysis) of products (Segment wise)
- Product Matrix which gives a detailed comparison of therapy devices wound care product portfolio of each company mapped at country and sub segment level
- Applications of products (Segment wise and Country wise)
- Comprehensive coverage of Product approvals, Pipeline products and Product recalls
Epidemiology Data
- Country specific Prevalence of ulcers, burns and surgical wounds
- Country specific Patient pool of skin ulcers, diabetic ulcers, neuropathic ulcers
- Disease progression (Pattern analysis)
Surgeons/Physicians Perception Analysis
- Fast turn-around analysis of Surgeons response to market events and trends
- Pattern analysis of usage of therapy devices wound care products by Physicians
- Surgeons opinion about products from different companies
- Surgeons qualitative inputs on epidemiology data
Brand/Product Perception Matrix
- Comprehensive study of customers perception and behavior through our inbuilt social connect tool checking the virality and tonality of blogs
- Analysis of overall brand usage and familiarity and brand advocacy distribution (Detractor/Neutral/Familiar)
Alternative Products: Impact analysis
MMM’s Healthcare Decision Making Quadrant It is an innovative and useful quadrant for vendors who wish to analyze the potential growth markets based on parameters like Patient dynamics (Patient pool, epidemiology of disease, preference towards surgeries/alternative therapies) and Macroeconomic indicators (Number of Hospitals and Orthopedic clinics, reimbursement scenario, diagnosis rate, treatment rate and healthcare expenditure)
1 Introduction
1.1 Analyst Insights
1.2 Market Definitions
1.3 Market Segmentation & Aspects Covered
1.4 Research Methodology
2 Executive Summary
3 Market Overview
4 By Applications
4.1 Skin Ulcers (Wound Management)
4.2 Burns (Wound Management)
4.3 Surgical Wounds (Wound Management)
5 By Products
5.1 Negative Pressure Wound Therapy Devices (NPWT)
5.2 Pressure Relief Device
5.3 Electrical Simulation Devices
5.4 Ultraviolet Devices
5.5 Oxygen & Hyperbaric Oxygen
5.6 Whirlpool Therapy
5.7 Electromagnetic Therapy Devices
5.8 Low Intensity Laser Therapy
5.9 Ultrasound devices
6 By Geographies
6.1 North America
6.2 Europe
6.3 Asia
6.4 Rest of World
7 By Companies
7.1 Paul Hartmann AG
7.2 Smith & Nephew
7.3 Kinetic Concepts, Inc.
7.4 Molnlycke Healthcare
7.5 ConvaTec
7.6 Systagenix
7.7 3M Health Care
7.8 Coloplast
7.9 Other Companies
7.10 Hollister Incorporated
7.11 Derma Lifesciences
7.12 Urgo Medical
7.13 NovaSpine LLC
7.14 Innovative Therapies Inc
7.15 Medela Inc
7.16 Stryker Corporation
7.17 Arjohuntleigh
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PRODUCT TITLE | PUBLISHED | |
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Negative Pressure Wound Therapy Devices (NPWT) The Negative Pressure Wound Therapy Devices Market was pegged at $2.2 billion in 2013 and expected to be $2.8 billion by 2018, growing at a CAGR of 5%. The report “Negative Pressure Wound Therapy Devices Market Forecast, 2012-2018“ analyzes the market of negative pressure wound therapy devices market by 2 segments such as devices market and disposables market. The main companies operating in Therapy devices wound care market and extensively covered in this report are Kinetic Concepts, Inc. Smith & Nephew plc, ConvaTec, Inc., Arjohuntleigh and others. |
Upcoming | |
Global Pressure Relief Devices Market The Global Pressure Relief Devices Market was valued at $268 million in 2013 and expected to be $379 million by 2018, growing at a CAGR of 7.5%. The report “Global Pressure Relief Devices Market Forecast, 2012-2018“analyzes the market of Pressure Relief Devices by 2 types such as Low-tech devices and High-tech devices. The main companies operating in Pressure Relief Devices market and extensively covered in this report are Hill-Rom (VersaCare), Stryker (PLEXUS Auto Aire), Arjohuntenliegh, Invacare, Inc., and others. |
Upcoming | |
Electrical Simulation Devices Electrical Simulation Devices and Negative Pressure Wound Therapy Devices (NPWT), |
Upcoming | |
Ultraviolet Devices Ultraviolet Devices and Negative Pressure Wound Therapy Devices (NPWT), |
Upcoming | |
Oxygen & Hyperbaric Oxygen Oxygen & Hyperbaric Oxygen and Negative Pressure Wound Therapy Devices (NPWT), |
Upcoming | |
Whirlpool Therapy Whirlpool Therapy and Negative Pressure Wound Therapy Devices (NPWT), |
Upcoming | |
Electromagnetic Therapy Devices Electromagnetic Therapy Devices and Negative Pressure Wound Therapy Devices (NPWT), |
Upcoming | |
Low Intensity Laser Therapy Low Intensity Laser Therapy and Negative Pressure Wound Therapy Devices (NPWT), |
Upcoming | |
North American Therapy Devices Wound Care Market The North American Therapy Devices Wound Care Market was pegged at $ 2,072 million in 2013 and expected to be $2,638 million by 2018, growing at a CAGR of 5.1%. The report “North American Therapy devices wound care Market forecast, 2012-2018“ analyzes the market of Therapy wound care by 9 segments such as Negative Pressure Wound Care Therapy (NPWT), pressure relief devices, electrical stimulation devices, hyperbaric oxygen therapy devices, ultraviolet devices, electromagnetic therapy devices, whirlpool therapy devices, ultrasound therapy devices and low intensity laser therapy devices. The main companies operating in Therapy devices wound care market and extensively covered in this report are Kinetic Concepts, Inc. Smith & Nephew plc, ConvaTec, Inc., Arjohuntleigh. |
May 2015 | |
North American Negative Pressure Wound Therapy Devices (NPWT) The North American Negative Pressure Wound Therapy Devices Market isexpected to be $2.57 billion by 2020, growing at a CAGR of 7.9%. The report “North American Negative Pressure Wound Therapy Devices Market Forecast, 2012-2018“ analyzes the market of negative pressure wound therapy devices market by 3 product segments such as the conventional stand-alone devices, conventional portable devices segment and the disposable devices segment.. The main companies operating in Therapy devices wound care market and extensively covered in this report are Kinetic Concepts, Inc. Smith & Nephew plc, ConvaTec, Inc., Spiracur, Inc. and others. |
Upcoming | |
Asian Negative Pressure Wound Therapy Devices (NPWT) The Asian Negative Pressure Wound Therapy Devices Market was pegged at $231 million in 2013 and expected to be $310 million by 2018, growing at a CAGR of 6.1%. The report “Asian Negative Pressure Wound Therapy Devices Market Forecast, 2012-2018“ analyzes the market of negative pressure wound therapy devices market by 2 segments such as devices market and disposables market. The main companies operating in Therapy devices wound care market and extensively covered in this report are Kinetic Concepts, Inc. Smith & Nephew plc, ConvaTec, Inc., Arjohuntleigh and others. |
Upcoming | |
European Negative Pressure Wound Therapy Devices (NPWT) The European Negative Pressure Wound Therapy Devices Market was pegged at $496 million in 2013 and expected to be $630 million by 2018, growing at a CAGR of 4.9%. The report “European Negative Pressure Wound Therapy Devices Market Forecast, 2012-2018” analyzes the market by 2 segments such as devices market and disposables market. The main companies operating in Therapy devices wound care market and extensively covered in this report are Kinetic Concepts, Inc. Smith & Nephew plc, ConvaTec, Inc., Arjohuntleigh and others. |
Upcoming | |
Asian Therapy devices Wound Care Market The Asian Therapy devices wound care Market was pegged at $ 342 million in 2013 and expected to be $413 million by 2018, growing at a CAGR of 3.9%. The report “Asian Therapy Devices Wound Care Market forecast, 2012-2018“ analyzes the market of advanced wound care by 9 segments such as Negative Pressure Wound Care Therapy (NPWT), pressure relief devices, electrical stimulation devices, hyperbaric oxygen therapy, ultraviolet devices, electromagnetic therapy devices, whirlpool therapy, ultrasound therapy and low intensity laser therapy. The main companies operating in Therapy devices wound care market and extensively covered in this report are Kinetic Concepts, Inc. Smith & Nephew plc, ConvaTec, Inc., Arjohuntleigh and others. |
Upcoming | |
European Therapy Devices Wound Care Market The European Therapy devices wound care Market, was pegged at $ 762 million in 2013 and expected to be $978 million by 2018, growing at a CAGR of 5.3%. The report “European Therapy devices wound care Market forecast, 2012-2018“ analyzes the market of advanced wound care by 9 segments such as Negative Pressure Wound Care Therapy (NPWT), pressure relief devices, electrical stimulation devices, hyperbaric oxygen therapy, ultraviolet devices, electromagnetic devices, whirlpool therapy, ultrasound therapy and low intensity laser therapy. The main companies operating in Therapy devices wound care market and extensively covered in this report are Smith & Nephew plc, Kinetic Concepts, Inc., ConvaTec, Inc., Arjohuntleigh and others. |
Upcoming | |
Asian Pressure Relief Devices Market The Asian Pressure Relief Devices Market was valued at $27 million in 2013 and expected to be $41 million by 2018, growing at a CAGR of 8.7%. The report “Asian Pressure Relief Devices Market Forecast, 2012-2018“analyzes the market of Pressure Relief Devices by 2 types such as Low-tech devices and High-tech devices. The main companies operating in this market and extensively covered in this report are Hill-Rom (VersaCare), Stryker (PLEXUS Auto Aire), Arjohuntenliegh, Invacare, Inc., and others. |
Upcoming | |
European Pressure Relief Devices Market The European Pressure Relief Devices Market was valued at $59 million in 2013 and expected to be $83 million by 2018, growing at a CAGR of 7.4%. The report “European Pressure Relief Devices Market Forecast, 2012-2018” analyzes the market of Pressure Relief Devices by 2 types such as Low-tech devices and High-tech devices. The main companies operating in Pressure Relief Devices market and extensively covered in this report are Hill-Rom (VersaCare), Stryker (PLEXUS Auto Aire), Arjohuntenliegh, Invacare, Inc., and others. |
Upcoming | |
North American Pressure Relief Devices Market The North American Pressure Relief Devices Market was valued at $160 million in 2013 and expected to be $224 million by 2018, growing at a CAGR of 7.3%. The report “North American Pressure Relief Devices Market Forecast, 2012-2018“analyzes the market of Pressure Relief Devices by 2 types such as Low-tech devices and High-tech devices. The main companies operating in Pressure Relief Devices market and extensively covered in this report are Hill-Rom (VersaCare), Stryker (PLEXUS Auto Aire), Arjohuntenliegh, Invacare, Inc., and others. |
Upcoming |