The European traditional wound care market was valued at $761 million in 2013 and is expected to reach $838 million by 2018, at a CAGR of 1.9%. The Traditional wound care market is the slowest growing segment of $4.4 billion European wound care market.
The report “European Traditional Wound care Market forecast, 2012-2018” analyzes the market of traditional wound care by 3 segments such as wound closure, basic wound care and anti-infective. Wound closure is sub-divided in 3 segments namely, sutures, staples and staplers and tissue adhesive, sealants and glues. Basic wound care is further subdivided into 3 segments namely; tapes, dry dressing and cleansing solutions.
All these segments experienced a positive growth till 2013, as physicians mainly choose to treat wounds with dry bandages and dressings which account for more than 50% of the chronic and severe wound care market. With a market value of $431 million and $473 million, in 2013, wound closure and basic wound care products respectively have been contributing around 60% and 12% in terms of value towards total traditional wound care industry. Both the markets have been witnessing the maximum growth because many wounds do not require anything but protection from infection; hence traditional products will definitely remain the first choice for physicians across.
In total, traditional wound care market is now a mature market and has slow growth due to lack of new product innovation is this category. In Europe (Germany, France, Italy, Spain, UK), the reimbursement schemes drives traditional wound care market. If a simple dry bandage or dressing can heal a wound, practitioners may prefer less labor intensive and cheaper options. In these cases, payers find it difficult to justify the higher prices of advanced products. The prevalence of diabetes and surgical wounds across the world is high which drives traditional wound care market.
The report also provides an extensive competitive landscaping of companies operating in traditional wound care market. The main companies operating in traditional wound care market and extensively covered in this report are Johnson and Johnson, Smith & Nephew, Derma Sciences, Covidien and Molnlycke healthcare, 3M healthcare 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 MMM assessments that meet your company’s specific needs. Customize to get comprehensive industry standard and deep dive analysis of the following parameters:
Product Analysis
- Usage pattern (in-depth trend analysis) of traditional wound care 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 the 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 traditional 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 (aging population, reimbursement scenario, 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. |
Upcoming | |
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. |
Upcoming | |
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 |