Abstract
Description
The economic and industrial growth, along with complex demographic and
changing socio-political realities has deeply affected the various areas of
healthcare. There is intense medical research, but more and complex diseases
continue to coexist. In the wake of increasing prevalence of wounds due to
different factors in the modern day society alongwith the advancements in
medicare science, the global wound care market has acquired larger reach and
proportions. The growth can be particularly seen in the advanced wound care
market due to rising incidence of complex wound situations and new treatment
methodologies. The global advanced wound market is forecasted to grow at a
CAGR of approximately 3.7% during 2011 to 2013.
The United States, Europe, and Japan are the major revenue contributors in the
global wound care market. There is also is growing need and awareness for
advanced wound care in countries like India, China, and Brazil which are the
new emerging markets in the healthcare sector. However, the largest incidence
of wounds caused by obesity, diabetes, and other factors can be found in the
US, which is expected to further to rise in future. This suggests continued
dominance of the US in the global wound care market.
Due to a need for a better and more cost effective treatment, a more cohesive
approach is being adopted, involving medical teams, better training to medical
staff, dedicated service centers for complex wounds, and new therapies like
negative pressure therapies for managing chronic and non-healing wounds.
Constant rise in obese and diabetic population, who are at greater risk of
developing wounds, will lead to growth in the global wound market.
The leading players in the global wound care market include Smith & Nephew,
Convatec, Kinetic Concepts, Coloplast, and 3M, among others. Along with these
larger players several other smaller players coexist, depicting the fragmented
nature of the market. The companies in the global wound care market generally
compete on the basis of technological innovations, product reliability, price,
and global reach, among such other factors.
The report offers an analysis of the global wound care market. It also
discusses key market trends, growth drivers, and industry developments. It
presents the competitive structure of the industry and profiles major players
in the market with a discussion of their key business strategies.
By combining SPSS Inc.' s data integration and analysis capabilities with our
relevant findings, we have predicted the future growth of the industry. We
employed various significant variables that have an impact on this industry
and created regression models with SPSS Base to determine the future direction
of the industry. Before deploying the regression model, the relationship
between several independent or predictor variables and the dependent variable
was analyzed using standard SPSS output, including charts, tables, and tests.
Table of Contents
1. Overview
- 1.1 Introduction
- 1.2 Types of Wounds
- 1.3 Wound Healing Process
2. Wound Care - Market Size
- 2.1 Global Wound Care Market
- Market Value
- Breakdown by Region
- Wound Prevalence
- 2.2 Global Advanced Wound Care Market
- Market Overview
- Market Value
- 2.3 The US Wound Care Market
- Wound Volume
- Advanced Wound Care
3. Market Dynamics
- 3.1 Trends and Developments
- 3.1.1 Changing Approaches to Wound Management
- 3.1.2 Development of a Bioprinter to Treat Burns and Wounds
- 3.1.3 NIR Device for Predicting Wound Healing
- 3.1.4 Educational Packaging for Wound and Skin Care
- 3.2 Growth Drivers
- 3.2.1 Ageing Demographics
- 3.2.2 Increasing Incidences of Obesity and Diabetes
- 3.2.3 Innovations in Wound Care
4. Wound Care Market - Competitive Landscape
- Competitive Overview
- Market Share
5. Company Profiles
- 5.1 Smith & Nephew Plc
- Company Overview
- Key Financials
- Business Strategies
- Focus on R&D
- Investing For Growth
- 5.2 ConvaTec, Inc.
- Company Overview
- Key Financials
- Business Strategies
- Strengthening Leadership Position
- Expansion in Emerging Markets
- 5.3 3M Company
- Company Overview
- Key Financials
- Business Strategies
- Entering into New Ventures
- Expansion of Product Portfolio
- 5.4 Kinetic Concepts, Inc.
- Company Overview
- Key Financials
- Business Strategies
- Growth through Innovation
- Global Expansion
6. Market Outlook
- 6.1 Market Forecast
- 6.2 Forecast Methodology
- 6.2.1 Dependent and Independent Variables
- 6.2.2 Correlation Analysis
- 6.2.3 Regression Analysis
List of Charts
- Global Wound Care Market, 2009-2010
- Global Wound Care Market by Regions, 2009
- Global Advanced Wound Management Market, 2001-2010
- The US Annual Wound Volume, 2010
- The US Annual Advanced Wound Volume, 2010
- The US Advanced Wound Care Market by Value, 2010
- Global Ageing Population, 2007-2013F
- Growth in Diabetics Population, 2004-2012F
- Coloplast' s Market Share in the Global Wound Care Market, 2010
- Smith & Nephew' s Revenues by Business Segments, 2010
- Smith & Nephew' s Revenues and Net Income, 2006-2010
- ConvaTec' s Revenues by Business Segments, 2010
- ConvaTec' s Revenues and Net Income, 2006-2010
- 3M' s Revenues by Business Segments, 2010
- 3M' s Revenues and Net Income, 2006-2010
- Kinetic Concepts' Revenues by Business Segments, 2010
- Kinetic Concepts' Revenues and Net Income, 2006-2010
- Global Advanced Wound Care Market Forecast, 2009-2013F
List of Tables
- Worldwide Wound Prevalence, 2009
- The US Annual Wound Volume by Wound Type, 2010
- Leading Advanced Wound Care Manufacturers' Share of Industry Revenues, 2010
- Dependent & Independent Variables (2004-2010)
- Correlation Matrix
- Model Summary - Coefficient of Determination
- Regression Coefficients Output