Friday, May 13th, 2016 - Future Market Insights

Wound management refers to the method of wound care which includes assessment, treatment and management of wound.

Wound care with traditional method called traditional wound management. Traditional wound management market has three main segment wound closure, basic wound care and anti-infectives. Traditional wound care products include abdominal pads, bandages, gauzes, gauzes sponges and sponges.

Traditional wound management market has slowest growth rate in global wound management market. However, due to cost effectiveness, traditional wound management is the primary mode of treatment in developing countries. In addition, most of the wound not require anything but protection from infection, so that physician remained it as a first choice for wound care management.

Traditional Wound Management Market: Drivers and Restraints

Presently, traditional wound management market is driven by growing aging population, increasing incidence of chronic diseases, low cost and affordable models and less technical knowledge required for using these devices.

However, less product innovation in traditional wound management and increasing adoption of advanced technology act as a major barrier for this market.

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Traditional Wound ManagementMarket: Segmentation

Global traditional wound management market is further segmented into following types:

  •  Type
    •  Wound Closure
    •  Basic wound care
    •  Anti-infectives
  •  Product type
    •  Abdominal Pads (ABD)
    •  Bandages
      •  Conforming Bandages
    •  Gauzes
      •  Woven Gauzes
      •  Non-Woven Gauzes
    •  Gauzes Sponges
      •  Woven Gauze Sponges
      •  Non-Woven Gauze Sponges
    •  Sponges
      •  Woven Sponges
      •  Non-Woven Sponges
  •  Application
    • Skin Ulcers
    • Burns
    • Surgical Wounds
  •  End users
    • Hospitals
    • Clinics
    • Diagnostic centers
    • Others

Traditional Wound ManagementMarket: Overview

With the growing aging population and increasing incidence of chronic diseases, the global traditional wound management market is expected to have a positive growth rate in the forecast period (2015-2025).

Traditional Wound Management Market: Region- wise Outlook 

The global traditional wound management market is expected to register a healthy CAGR for the forecast period. Depending on geographic regions, global traditional wound management market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan and Middle East & Africa.

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North America dominates the traditional wound management market due to a good reimbursement scenario, less labor requirement and cheapest option for wound care. With the increase in prevalence of diabetic patients and surgical wound European market is expected to experience a rapid growth. Asia-Pacific is the fastest emerging market for traditional wound management because the low disposable income and growing aging population in this region.

Traditional Wound Management Market: Key Players

Some of the key market players in global traditional wound management market are Smith & Nephew, 3M healthcare, Johnson and Johnson, Derma Sciences, Covidien,  Molnlycke healthcare,  Medline Industries, Inc., Paul Hartmann AG, Cypress Medical Products, LLC, BSN medical GmbH, DUKAL Corporation, B. Braun Melsungen AG, Synergy Health plc, Hollister Incorporated and Lohmann & Rauscher GmbH & Co. KG.

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Traditional Wound Management Market

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