(MoneyNewsWire.Net, December 16, 2017 ) According to the report North America Wound Care Management Devices Market, published by Market Data Forecast, The Market was worth $5.94 billion in 2016 and estimated to be growing at a CAGR of 3.1%, to reach $6.92 billion by 2021.
North America presently dominates the market for wound care management devices and is estimated to sustain its strong hold for a few more years. Numerous players in this market are trying to enlarge their product portfolio in order to top the global market. As few companies are entering into the market by acquisitions, top companies are increasing their growth in this market by acquiring other companies. Few companies adopted product improvement and new product launches as its main business strategy to certify its dominance in this market.
Browse market data tables and in-depth TOC of the North America Wound Care Management Devices Market to 2021 @ http://www.marketdataforecast.com/market-reports/north-america-wound-care-management-devices-market-1645/
Increase in chronic wounds and ulcers, rising incidence of diabetes, aging population, increasing awareness about new technologies for wound care and government support in the form of funding are driving the growth of the wound care market. Though, high cost of technically superior products for wound care and lack of proper refund policies are the main challenges faced by the wound care management device market.
North America Wound Care Management DevicesMarket: Segmentation
Product
Advanced Wound Management Products
o Advanced Wound Dressings
Foam Dressings
Silicone Foam Dressings
Other Foam Dressings
Hydrocolloid Dressings
Film Dressings
Alginate Dressings
Hydrogel Dressings
Collagen Dressings
Other Dressings
o Therapy Devices
Negative Pressure Wound Therapy
Conventional NPWT
Portable NPWT
Disposable NPWT
Pressure Relief Devices
Oxygen and Hyperbaric Oxygen Devices
Electrical Stimulation Devices
Other Therapy Devices
o Active Wound Care
Artificial Skin and Skin Substitutes
Topical Agents
Surgical Wound Care
o Tissue Adhesives, Sealants & Glues
o Anti-infective Dressings
Traditional/Basic Wound Care
o Medical Tapes
o Dressings
o Cleansing Agents
Y-o-Y Growth Analysis, By Product
Market Attractiveness Analysis, By Product
Market Share Analysis, By Product
Type of Wound
Chronic Wounds
o Diabetic Foot Ulcers (DFU)
o Pressure Ulcer
o Venous Leg Ulcer
o Other Chronic Wounds
Acute Wounds
Surgical & traumatic wounds
Burns
Y-o-Y Growth Analysis, By Type of Wound
Market Attractiveness Analysis, By Type of Wound
Market Share Analysis, By Type of Wound
End User
Hospitals
Clinics
Home Care Settings
Y-o-Y Growth Analysis, By End User
Market Attractiveness Analysis, By End User
Market Share Analysis, By End User
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Based on geography the market is analysed under various countries namely, USA and Canada. USA leads the wound care management devices market followed by Canada.
The prominent players in the wound care market are Coloplast A/S (Denmark.), Baxter International Inc. (U.S.), Hollister Inc. (U.S.), Mφlnlycke Health Care (Sweden), 3M Company (U.S.), Covidien PLC (Ireland), Ethicon Inc. (U.S.), Derma Sciences Inc. (U.S.), Convatec Healthcare B.S.A.R.L (U.S.), Acelity L.P/ (U.S.), and Smith & Nephew (U.K.).
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Reasons to buy North America Wound Care Management Devices Market Report:
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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