The Asian Therapy devices wound care market is mainly driven by competitive pricing from players and the ability to treat chronic and acute wounds. This market was valued at $ 342 million in 2013 and is expected to reach $413 million by 2018, 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. With a market value of $231 and $27 million, in 2013, NPWT and pressure relief devices have been contributing around 63% and 9% 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, arterial ulcers, etc. Growing confidence of physicians in NPWT technology and patient awareness are also among the major driving forces for this 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, rising diabetic population and high disposable incomes.
The report also provides an extensive competitive landscaping of companies operating in this wound care market. The main companies operating in this market and extensively covered in this report are Kinetic Concepts, Inc. Smith & Nephew plc, ConvaTec, Inc., Arjohuntleigh and others. 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 the 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 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 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).
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North American Wound Management The North American global wound care market was pegged at $11,161 million in 2013 and expected to be $16,453 million by 2018, growing at a CAGR of 8.1%. The report “North American Wound care Market forecast, 2012-2018, analyzes the market of Wound care by 4 segments such as traditional, active, advanced, and therapy wound care market. The main companies operating in Wound care market and extensively covered in this report are Kinetic Concepts, Inc. Smith & Nephew plc, 3M healthcare, ConvaTec, Inc., Coloplast and Molnlycke Healthcare. |
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Asian Wound Management The Asian Wound management market was pegged at $1,837 million in 2013 and expected to be $2,487 million by 2018, growing at a CAGR of 6.3%. The report “Asian Wound Management Market forecast, 2012-2018, analyzes the market of Wound care by 4 segments such as traditional, active, advanced, and therapy wound care market. The main companies operating in Wound care market and extensively covered in this report are Kinetic Concepts, Inc. Smith & Nephew plc, 3M healthcare, ConvaTec, Inc., Coloplast and Molnlycke Healthcare. |
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Europe Wound Management The European Wound management market in Europe was pegged at $4,403 million in 2013 and expected to be $6,343 million by 2018, growing at a CAGR of 7.6%. The report “European Wound care Market forecast, 2012-2018, analyzes the market of Wound care by 4 segments such as traditional, active, advanced, and therapy wound care market. The main companies operating in Wound care market and extensively covered in this report are Kinetic Concepts, Inc. Smith & Nephew plc, 3M healthcare, ConvaTec, Inc., Coloplast and Molnlycke Healthcare. |
Upcoming |