Global Wound Biologics Market Report 2018-2024

Global Wound Care Solutions Market – Drivers, Restraints, Opportunities, Trends, and Forecast up to 2025

[83 pages report] This market research report includes a detailed segmentation of the global wound care solutions market by product type (advanced wound care [foam, alginate, hydrogel, NPWT, active], traditional wound care [surgical sutures, wound closure strips, staples, ligating clips, adhesives & sealants, hemostats, dressings]); by wound type (chronic wound, acute wound); and by region (North America, Europe, Asia Pacific, Rest of the World)

Overview of the Global Wound Care Solutions Market

Infoholic’s market research report predicts that the “Global Wound Care Solutions Market” will grow at a CAGR of ~5.0% during the forecast period 2019–2025. The market has witnessed steady growth in the past few years and is sustaining due to increasing prevalence of diabetes, increase in the number of surgical procedures, rising incidence of chronic wounds, and technological advancements in the wound care product.



Increase in the funding to develop next-generation technology and rising focus on creating awareness among the people for better wound care treatment and management are providing opportunities for the growth of the wound care solutions market. Merger & acquisition has been one of the significant trends seen in the market place, and many vendors are concentrating on acquisitions to enhance their market position and existing portfolio.

The majority of the revenue is generated from the leading players in the market with dominating sales from 3M, Acelity L.P.Inc, Johnson & Johnson, Medtronic Plc, Coloplast A/S, Baxter International Inc, Smith & Nephew Plc, ConvaTec Group Plc, Derma Sciences Inc (Integra Lifesciences), Hollister Co, and Molnlycke Health Care.

According to the analysis, North America accounted for the largest share of the global wound care solutions market in 2018. The Asia Pacific region is expected to witness the fastest growth rate due to large patient pool, increasing surgeries, and rising healthcare expenditure.

By Product Type:

  • Traditional Wound Care
  • Advanced Wound Care
Traditional wound care products held a significant share in the global wound care solutions market in 2018. The market for advanced wound care is expected to grow at the fastest rate during the forecast period 2019–2025.

By Wound Type:
  • Acute Wound
  • Chronic Wound
Chronic wound holds the major share of the market, followed by acute wound. Nearly 2% of the population in developed countries suffer from some form of a chronic wound. In the US, about 8.2 million individuals receiving Medicare benefits have chronic wounds.

By Regions:
  • North America
  • Europe
  • APAC
  • RoW
North America was dominant in the global wound care solutions market in 2018. The significant share of the North American region comes from the US, owing to the accessibility to good quality healthcare and good reimbursement facilities.

Wound Care Solutions Market Research Competitive Analysis – Mergers & acquisitions have been a significant strategy followed by major players in the market to maintain their leadership. In May 2019, 3M entered into a definitive agreement to acquire Acelity L.P. Inc. and its KCI subsidiaries worldwide. This acquisition strengthens 3M’s medical solutions business and supports the company’s growth strategy in advanced and surgical wound care solutions.

Key Vendors:
  • Smith & Nephew
  • Baxter International Inc.
  • Acelity L.P. Inc
  • Johnson & Johnson
  • Medtronic Plc (Covidien Plc)
  • 3M
Key Competitive Facts
  • Smith & Nephew and Acelity were the top two players in the advanced wound care segment in 2018.
  • There has been an increased focus on the development of advanced technology products to provide better wound care solutions.
Benefits – The report provides complete details about the sub-segments of the wound care solutions market. Through this report, the key stakeholders can know about the major trends, drivers, investments, vertical player’s initiatives, and government initiatives toward the disease management in the upcoming years along with details of the existing pure-play companies and new players entering the market. Moreover, the report provides details about the major challenges that are going to impact the market growth. Additionally, the report gives complete details about the key business opportunities to key stakeholders in order to expand their business and capture the revenue in specific verticals, and to analyze before investing or expanding the business in this market.

Key Takeaways:
  • Understanding the potential market opportunity with precise market size and forecast data.
  • A detailed market analysis focusing on the growth of the wound care solutions industry.
  • Factors influencing the growth of the wound care solutions market.
  • In-depth competitive analysis of dominant and pure-play vendors.
  • Prediction analysis of the wound care solutions market in both developed and developing regions.
  • Key insights related to major segments of the wound care solutions market.
  • Latest market trend analysis impacting the buying behavior of the consumers.
Key Stakeholders


1 Industry Outlook 8
1.1 Industry Overview 8
1.2 Total Addressable Market 9
2 Report Outline 11
2.1 Report Scope 11
2.2 Report Summary 11
2.3 Research Methodology 13
2.4 Report Assumptions 13
3 Market Snapshot 14
3.1 Market Definition – Infoholic Research 14
3.2 Segmented Addressable Market 14
3.2.1 Regulatory Scenario 15
3.3 Industry Trends 16
3.4 Related Market 17
3.4.1 Wound Biologics 17
3.4.1.1 Trends in the wound biologics market 17
4 Market Outlook 19
4.1 Reimbursement 19
4.2 Market Segmentation 20
4.3 Porter 5 (Five) Forces 20
5 Market Characteristics 23
5.1 Market Dynamics 23
5.1.1 Drivers 24
5.1.1.1 Increase in the number of surgical procedures 24
5.1.1.2 Rising incidence of chronic wounds 24
5.1.1.3 Increasing number of people suffering from diabetes 25
5.1.1.4 Technological advancements in the wound care product 25
5.1.2 Restraints 26
5.1.2.1 Stringent regulatory approval process 26
5.1.2.2 High cost of wound biologics 26
5.1.3 Opportunities 27
5.1.3.1 Increase in the funding to develop next-generation technology 27
5.1.3.2 Rising focus on creating awareness among the people for better wound care treatment and management 27
5.1.3.3 Market expansion opportunities in emerging nations 27
5.1.4 DRO – Impact Analysis 29
5.2 Key Stakeholders 30
6 Wound Type: Market Size and Analysis 31
6.1 Overview 31
6.2 Chronic Wound 32
6.2.1 Diabetic Foot Ulcers 33
6.2.2 Pressure Ulcer 35
6.2.3 Venus Foot Ulcers 36
6.2.4 Others 37
6.3 Acute Wound 38
6.3.1 Surgical and Traumatic Wound 38
6.3.2 Burns 39
7 Product Type: Market Size and Analysis 41
7.1 Overview 41
7.2 Advanced Wound Care 42
7.2.1 Wound Biologics 43
7.2.2 Therapy Devices 44
7.2.3 Advanced Wound Dressing 45
7.3 Traditional Wound Care 47
7.3.1 Surgical Sutures 47
7.3.2 Wound Closure Strips 48
7.3.3 Staplers 49
7.3.4 Ligating Clips 50
7.3.5 Adhesives and Sealants 51
7.3.6 Hemostats 52
7.3.6.1 Passive Hemostats 52
7.3.6.2 Active Hemostats 54
7.3.6.3 Combination Hemostats 55
7.3.7 Dressings 56
8 Regions: Market Size and Analysis 58
8.1 Overview 58
8.2 North America 59
8.2.1 Overview 59
8.3 Europe 62
8.3.1 Overview 62
8.4 Asia Pacific 65
8.4.1 Overview 65
8.5 Rest of the World 67
8.5.1 Overview 67
9 Competitive Landscape 70
10 Vendors Profile 72
10.1 Smith & Nephew 72
10.2 Baxter International Inc. 74
10.3 Acelity 77
10.4 Johnson & Johnson 80
10.5 Medtronic Plc (Covidien Plc) 83
10.6 3M 86
11 Companies to Watch for 89
11.1 Coloplast A/S 89
11.2 B. Braun Melsungen AG 90
11.3 Molnlycke Health Care 91
11.4 Hollister Incorporated 92
11.5 Integra LifeSciences 93
11.6 ConvaTec Group Plc. 94
11.7 Teleflex (Vascular Solutions) 95
Annexure 97
 Abbreviations 97
Tables
TABLE 1 PREVALENCE OF DIFFERENT TYPES OF WOUNDS 31
TABLE 2 GLOBAL WOUND CARE SOLUTIONS MARKET REVENUE, BY PRODUCT TYPE, 2018–2025 ($MILLION) 32
TABLE 3 GLOBAL WOUND CARE SOLUTIONS MARKET REVENUE, BY WOUND TYPE, 2018–2025 ($MILLION) 41
TABLE 4 GLOBAL WOUND CARE SOLUTIONS MARKET REVENUE, BY GEOGRAPHY, 2018–2025 ($MILLION) 59
TABLE 5 BUSINESS SUMMARY: SMITH & NEPHEW 73
TABLE 6 BUSINESS SUMMARY: BAXTER INTERNATIONAL INC. 76
TABLE 7 BUSINESS SUMMARY: ACELITY 79
TABLE 8 BUSINESS SUMMARY: JOHNSON & JOHNSON 82
TABLE 9 BUSINESS SUMMARY: MEDTRONIC PLC 85
TABLE 10 BUSINESS SUMMARY: 3M 87
TABLE 11 BUSINESS SUMMARY: COLOPLAST A/S 89
TABLE 12 BUSINESS SUMMARY: B. BRAUN MELSUNGEN AG 90
TABLE 13 BUSINESS SUMMARY: MOLNLYCKE HEALTH CARE 92
TABLE 14 BUSINESS SUMMARY: HOLLISTER INC. 92
TABLE 15 BUSINESS SUMMARY: INTEGRA LIFESCIENCES 93
TABLE 16 BUSINESS SUMMARY: CONVATEC GROUP PLC 95
TABLE 17 BUSINESS SUMMARY: TELEFLEX 96
Charts
CHART 1 RESEARCH METHODOLOGY OF GLOBAL WOUND CARE SOLUTIONS MARKET 13
CHART 2 GLOBAL WOUND CARE SOLUTIONS MARKET REVENUE, 2018–2025 ($MILLION) 15
CHART 3 GLOBAL WOUND CARE SOLUTIONS MARKET SEGMENTATION 20
CHART 4 PORTERS 5 FORCES ON GLOBAL WOUND CARE SOLUTIONS MARKET 20
CHART 5 PEST ANALYSIS OF GLOBAL WOUND CARE SOLUTIONS MARKET 22
CHART 6 MARKET DYNAMICS – DRIVERS, RESTRAINTS & OPPORTUNITIES 23
CHART 7 DRO - IMPACT ANALYSIS OF GLOBAL WOUND CARE SOLUTIONS MARKET 29
CHART 8 KEY STAKEHOLDERS OF GLOBAL WOUND CARE SOLUTIONS MARKET 30
CHART 9 GLOBAL WOUND CARE SOLUTIONS MARKET REVENUE, BY WOUND TYPE, 2018 ($MILLION) 31
CHART 10 CHRONIC WOUND MARKET REVENUE, 2018–2025 ($MILLION) 33
CHART 11 DIABETIC FOOT ULCER MARKET REVENUE, 2018–2025 ($MILLION) 34
CHART 12 PRESSURE ULCERS MARKET REVENUE, 2018–2025 ($MILLION) 35
CHART 13 VENUS FOOT ULCERS MARKET REVENUE, 2018–2025 ($MILLION) 36
CHART 14 OTHERS MARKET REVENUE, 2018–2025 ($MILLION) 37
CHART 15 ACUTE WOUND MARKET REVENUE, 2018–2025 ($MILLION) 38
CHART 16 SURGICAL AND TRAUMATIC WOUND MARKET REVENUE, 2018–2025 ($MILLION) 39
CHART 17 BURNS MARKET REVENUE, 2018–2025 ($MILLION) 39
CHART 18 GLOBAL WOUND CARE SOLUTIONS MARKET REVENUE, BY PRODUCT TYPE, 2018-2025 ($MILLION) 41
CHART 19 ADVANCED WOUND CARE MARKET REVENUE, 2018-2025 ($MILLION) 43
CHART 20 WOUND BIOLOGICS MARKET REVENUE, 2018–2025 ($MILLION) 44
CHART 21 THERAPY DEVICES MARKET REVENUE, 2018–2025 ($MILLION) 45
CHART 22 ADVANCED WOUND DRESSING HEMOSTATS MARKET REVENUE, 2018–2025 ($MILLION) 46
CHART 23 TRADITIONAL WOUND CARE MARKET REVENUE, 2018-2025 ($MILLION) 47
CHART 24 SURGICAL SUTURES MARKET REVENUE, 2018–2025 ($MILLION) 47
CHART 25 WOUND CLOSURE STRIPS MARKET REVENUE, 2018–2025 ($MILLION) 49
CHART 26 STAPLERS MARKET REVENUE, 2018–2025 ($MILLION) 50
CHART 27 LIGATING CLIPS MARKET REVENUE, 2018–2025 ($MILLION) 51
CHART 28 ADHESIVES AND SEALANTS MARKET REVENUE, 2018–2025 ($MILLION) 51
CHART 32 HEMOSTATS MARKET REVENUE, 2018-2025 ($MILLION) 56
CHART 33 DRESSING MARKET REVENUE, 2018–2025 ($MILLION) 57
CHART 34 GLOBAL WOUND CARE SOLUTIONS MARKET SHARE, BY REGIONAL SEGMENTATION, 2018 (%) 58
CHART 35 GLOBAL WOUND CARE SOLUTIONS MARKET SHARE, BY REGIONAL SEGMENTATION, 2025 (%) 59
CHART 36 WOUND CARE SOLUTIONS MARKET REVENUE IN NORTH AMERICA, 2018–2025 ($MILLION) 61
CHART 37 WOUND CARE SOLUTIONS MARKET REVENUE IN EUROPE, 2018–2025 ($MILLION) 64
CHART 38 WOUND CARE SOLUTIONS MARKET REVENUE IN ASIA PACIFIC, 2018–2025 ($MILLION) 66
CHART 39 WOUND CARE SOLUTIONS MARKET REVENUE IN REST OF THE WORLD, 2018–2025 ($MILLION) 68

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