The wound care market in terms of value is expected to reach USD 20.4 billion by 2021 from USD 17.0 billion in 2016, growing at a CAGR of 3.6% from 2016 to 2021. This market is categorized on the basis of products, wound type, end users, and region. Major factors contributing to growth of the wound care market include rising awareness regarding new and advanced products for wound treatment and the rising aging and diabetic population. Furthermore, government support in the form of funding is another major factor providing impetus for growth of this market. For instance, in September 2013, NeoStem, Inc. (U.S.) received funding of $0.147 million from the National Institutes of Health (NIH), under the small business innovative research program (SBIR). This fund would be utilized for the development of adult pluripotent very small embryonic like (VSEL) stem cells for the treatment of skin wounds in scleroderma. Furthermore, in July 2011, the Ohio State University College of Medicine received funding of $1.4 million from the U.S. Department of Defense for wound treatment research. This two-year fund was specifically directed for the treatment of burn wounds using brown algae extracted from seaweed and giant kelp. Such support in the form of funding is likely to provide impetus for the market growth. The relatively untapped markets of the Asian region and the bio-active wound care products have opened an array of opportunities for the wound care market. However, factors such as high costs of wound care products may restrain growth of this market.

1. Wound Care Market by Product
(Advanced (Foam, Alginate, NPWT,
Active), Surgical, Traditional), Wound
Type (Chronic (DFU, Pressure Ulcer),
Acute (Burn)), End User (Hospital
(Inpatient, Outpatient), Long-Term Care,
Home Healthcare) - Global Forecast to
2021
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2. ABSTRACT
The wound care market in terms of value is expected to reach USD 20.4 billion by 2021 from USD
17.0 billion in 2016, growing at a CAGR of 3.6% from 2016 to 2021. This market is categorized on
the basis of products, wound type, end users, and region.
Major factors contributing to growth of the wound care market include rising awareness
regarding new and advanced products for wound treatment and the rising aging and diabetic
population. Furthermore, government support in the form of funding is another major factor
providing impetus for growth of this market. For instance, in September 2013, NeoStem, Inc.
(U.S.) received funding of $0.147 million from the National Institutes of Health (NIH), under the
small business innovative research program (SBIR). This fund would be utilized for the
development of adult pluripotent very small embryonic like (VSEL) stem cells for the treatment of
skin wounds in scleroderma. Furthermore, in July 2011, the Ohio State University College of
Medicine received funding of $1.4 million from the U.S. Department of Defense for wound
treatment research. This two-year fund was specifically directed for the treatment of burn
wounds using brown algae extracted from seaweed and giant kelp. Such support in the form of
funding is likely to provide impetus for the market growth. The relatively untapped markets of the
Asian region and the bio-active wound care products have opened an array of opportunities for
the wound care market. However, factors such as high costs of wound care products may restrain
growth of this market.
Countries such as China, India, Australia, Japan, and Brazil are expected to serve as new revenue
pockets for the wound care market in the coming five years.

3. ABSTRACT
Apart from the comprehensive geographical and product analysis and market sizing, the report
also provides a competitive landscape that covers the growth strategies adopted by the industry
players over the last three years. In addition, the company profiles comprise the basic views on
the key players in the wound care market and the product portfolios, developments, and
strategies adopted by market players to maintain and increase their market shares in the near
future. The above mentioned market research data, current market size, and forecast of the
future trends will help the key players and new entrants to make the necessary decisions
regarding product offerings, geographical focus, change in strategic approach, R&D investments
for innovations in products and technologies, and levels of output in order to remain successful.
The report provides insights on the following pointers:
Market Penetration: Comprehensive information on product portfolios of the top players in the
wound care market. The report analyzes the wound care market by product, wound type, end
users, and region
Product Development/Innovation: Detailed insights on the upcoming technologies, R&D
activities, and new product launches in the wound care market
Competitive Assessment: In-depth assessment of the market strategies, geographical and
business segments, and product portfolios of the leading players in the wound care market
Market Development: Comprehensive information about the lucrative emerging markets. The
report analyzes the market for various wound care products across geographies
Market Diversification: Exhaustive information about new products and services, untapped
geographies, recent developments, and investments in the wound care market

4. Length Publisher Published Date
302 Pages MarketsandMarkets May 31, 2016
Table of Contents
1. Introduction
2. Research Methodology
3. Executive Summary
4. Premium Insights
5. Market Overview
6. Wound Care Market, By Product
7. Wound Care Market, By Type Of Wound
8. Wound Care Market, By End User
9. Wound Care Market, By Region
10. Competitive Landscape
11. Company Profiles
12. Appendix
Learn more about this report

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