![Asia-Pacific witnessing fast growth in the Wound Care Market](https://factsight.org/wp-content/uploads/2018/04/4072473_orig-795x385.jpg)
Wound care products are used to treat acute and chronic wounds by accelerating the healing process. They help in wound healing by regulating moisture, temperature and oxygen flow around the chronic wounds.
Based on type of products, the global wound care market is segmented into advanced wound care products, wound closure products and traditional wound care products. Based on type of wound, the global wound care market is segmented into acute wound and chronic wound.
Based on application, the global wound care market is segmented into surgical wound, ulcer, and burn. Wound care products are used in surgical procedures for protection of the damaged tissue formed at the site of surgery. They are also used for treatment of burns, which prevents the exposure of underlying tissue from debris, contaminants and microbes. Also, wound care products are effectively used for treating ulcers that are formed by loss of skin.
Based on end user, the global wound care market is segmented into inpatient and outpatient facilities. Inpatient facilities held the larger share among end users and it also accounts for faster growth.
The global wound care market is growing at a significant rate due to the increased utilization of wound care products for the treatment of chronic wounds, surgical wounds, burns and ulcers. These products accelerate wound healing process and alleviate patient’s condition. Various wound care products available in the market include advanced wound care, traditional wound care and wound closure products. The utilization of wound care products is increasing due to growing geriatric population, increasing incidence cases of diabetes and obesity, along with increase in the volume of surgeries. In addition, increasing number of road accidents and burn cases is also leading to their increased utilization. However, high cost of wound care products and requirement of high technical assistance act as restraints in the growth of the wound care market.
Geographically, the wound care market has been segmented into North America, Europe, Asia-Pacific and Rest of the World. Among various regions, North America is the largest market, while Asia-Pacific is the fastest growing market for the wound care. Among the North American countries, the U.S. was the largest country for global wound care market in 2017 and is expected to continue being the largest market in the upcoming years. Presence of many end users including patients, hospitals, clinics, and medical stores supports the growth of the global wound care market in the country.
Some of the key companies operating in the global wound care market include Coloplast Corporation, 3M Company, ConvaTec, Medtronic plc, Smith and Nephew plc, Integra Life Sciences Holdings Corporation, Johnson and Johnson, Mo-Sci Corporation, Molyncke Health Care, Acelity L.P. Inc., Organogenesis Inc., DermaRite Industries LLC., Derma Sciences Inc., Hollister Incorporated and DeRoyal Industries Inc.