Growth of Wound Care Market (Products) Steady Across the World, Say New Research Reports

DALLAS, October 17, 2014 /PRNewswire/ --

The Wound Care Market by Type (Traditional (Wound Closure, Anti infective), Basic (Films, Cleansing), Advanced (Hydrogels, Hydrocolloids, Alginate, Collagen), Active (Artificial Skin & Skin Substitutes), Pressure Relief Devices, NPWT) - Global Forecast to 2019 research report says active wound care market is expected to register the highest growth rate in the wound care market during the forecast period, owing to the continuous launch of new and advanced products. 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. Complete report is available at http://www.reportsnreports.com/reports/165110-wound-care-market-traditional-wound-care-advanced-wound-care-active-wound-care-negative-pressure-wound-therapy-other-therapy-devices-current-trends-opportunities-global-forecasts-2011-2016-.html .

Another research titled The Global Market for Advanced Wound Care Products 2014 report says in 2013, the global market for advanced wound care had an estimated value of US$6.2 billion, having grown by approximately 5% since 2012. This growth is currently being hampered by pricing pressure. Factors such as spiking competition across all product sectors, as well as government pressure on healthcare spending are slowing the current rate of growth and putting strain on manufacturers' pricing. Despite all this, the market's outlook is positive. Pricing pressure is expected to impact the market in the short - medium term, with future growth being driven by favourable demographic factors. Ageing populations, higher levels of diabetes and obesity are just three of the factors. Demand in emerging markets such as Japan, China and India as well as new product innovations will also increase demand. Complete report is available at http://www.reportsnreports.com/reports/280674-the-global-market-for-advanced-wound-care-products-2014.html .

Government support in the form of funding is another major factor providing impetus for global wound care market growth. 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.

The report on Wound Care Market by Type Global Forecast to 2019 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 and geography

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

Wound care market companies profiled in this 2014 - 2019 research report include 3M Company, Baxter International Inc., Coloplast A/S, Convatec Healthcare B S.A.R.L, Covidien PLC, Derma Sciences Inc., Hollister Inc., Ethicon Inc. (Subsidary of Johnson and Johnson), Kinetic Concepts Inc. (A Subsidary of Centaur Guernsey L.P. Inc.), Smith and Nephew as well as Mölnlycke Health Care AB. Order a copy of this research at http://www.reportsnreports.com/Purchase.aspx?name=165110 .

The global advanced wound care products market 2014 research report provides you with the knowledge to understand the current state of the advanced wound care market, the historical market background and the key companies who currently operate here. It is essential reading for anyone who needs to plan, sell or operate within the advanced wound care product sectors. Advanced Wound Care Products & Technologies Information (FDA Information, Pre-clinical results, latest product news and products in development (where available)) on Device-based Wound Care, Moist Wound Care Products, Biologics and Other Products is provided in this research report.

Companies discussed in this research include 3M, Becton Dickinson, Kinetic Concepts, Greystone Pharmaceuticals, Centaur Guernsey (Kinetic Concepts, LifeCell and Systagenix), V.A.C. Therapy, LifeCell Products, Systagenix Operations, Noble Biomaterials, Novation, Wright Medical Group, Vital Needs International, LifeNet Health, Coloplast, Devon Medical, Johnson & Johnson, ConvaTec, Boehring and others. Order a copy of this research at http://www.reportsnreports.com/Purchase.aspx?name=280674 .

Explore more wound care market reports and other research on medical devices industry at http://www.reportsnreports.com/market-research/medical-devices/ .

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