Blog

Jan 12, 2024

Europe Wound Care Market Insights Report 2023

European Wound Care Market Dublin, Aug. 04, 2023 (GLOBE NEWSWIRE) -- The "Europe Wound Care Market - Focused Insights 2023-2028" report has been added to ResearchAndMarkets.com's offering. This report

European Wound Care Market

Dublin, Aug. 04, 2023 (GLOBE NEWSWIRE) -- The "Europe Wound Care Market - Focused Insights 2023-2028" report has been added to ResearchAndMarkets.com's offering.

This report offers a comprehensive analysis of the wound care market in Europe, presenting exhaustive information on the adoption of advanced wound care products across various European countries. The market's growth is hindered by the need for better reimbursement options for advanced wound care products.

However, constant product launches by key vendors to gain market share and the increasing target population are driving market expansion. Despite the high demand for advanced wound care segments, the adoption varies among European countries, with Germany and France benefiting from better reimbursement, while Italy and other developing nations face challenges with undefined reimbursement policies.

Hospitals and wound care clinics are major end-users, constituting a significant market share. Nonetheless, the lack of awareness among nurses in handling wound care patients remains a major limitation.

Moreover, while Germany boasts the highest number of specialty wound care clinics, the distribution of such clinics is uneven in other countries due to the high cost of advanced wound care products. The European wound care management committee collaborates with various institutions to improve treatment standards and reduce patient re-admission rates.

However, the market growth faces constraints due to the lack of training among wound care specialists and nurses, as well as the stringent regulations for launching wound care products, necessitating multiple evaluations across different countries. Despite these challenges, the advanced wound care market is expected to witness incremental growth, with a projected increase of over two billion dollars.

MARKET DEFINITIONWound care helps to treat/heal several types of acute injuries, such as burns, bruises, surgical incisions, and chronic wounds, including diabetic foot ulcers, pressure ulcers, and venous ulcers.

Wound care consists of products and devices that include bandages, gauze, dressings, cleansers, wound therapy devices, pads, and skin grafts. Wound care management depends on the severity of the wound - acute or chronic.

Key Attributes:

Report Attribute

Details

No. of Pages

82

Forecast Period

2022 - 2028

Estimated Market Value (USD) in 2022

$11.28 Billion

Forecasted Market Value (USD) by 2028

$18.06 Billion

Compound Annual Growth Rate

8.1%

Regions Covered

Europe

KEY HIGHLIGHTS:

VENDOR LIST

Key Vendors

Johnson& Johnson

3M

Medtronic

Smith + Nephew

Other Prominent Vendors

Adhesys Medical

Advanced Solution Medical Group

Advancis medical

B.Braun

BTI Biotechnology Institute

Carilex Medical

Convatech

Hartmann

Lohmann & Rauscher

Molnlycke

Purple Surgicals

Peter Surgicals

Talley Group

Vivistat

SEGMENTATION & FORECAST

Product

Advanced Wound care

Sutures & Stapling Device

Traditional Wound Care Products

Haemostat & Surgical Sealants

End-User

Hospitals

Long-Term Care Facilities

Home Healthcare

Others

Wound Type

Acute Wound

Chronic Wound

MARKET STRUCTURE

Market Dynamics

Competitive Landscape

Key Vendors

Other Prominent Vendors

Strategic Recommendations

Quantitative Summary

Abbreviations

For more information about this report visit https://www.researchandmarkets.com/r/tnz5dz

About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Attachment

European Wound Care Market