Global Advanced Wound Care Products to Exceed $12.3 Billion by 2015, According to a New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Advanced Wound Care Products. The world market for advanced wound care products is projected to exceed $12.3 billion by the year 2015. This is primarily driven by increased life expectancy, growing aging population, and increased incidence of diseases such as diabetes. Introduction of technologically advanced products as well as therapies is also driving the global demand for wound care products.

Advanced Wound Care Products: A Global Strategic Business Report

Advanced wound care includes products that employ new technologies to reduce healing, and the time involved in treating chronic and acute wounds. Advanced wound care products are used in the treatment of chronic and acute wounds. Factors driving growth include rise in number of surgeries being performed in ambulatory surgical centers; increase in incidence of venous ulcers, diabetic ulcers, and pressure ulcers; growing need for accelerated wound care; and expansion of product lines by market participants.

The United States and Europe dominates the world advanced wound care market as stated by the new market research report on advanced wound care. Europe is also the fastest growing market for advanced wound care products. Segment-wise, Negative Pressure Wound Therapy (NPWT) represent the largest product segment in the US advanced wound care products market, while in Europe, Moist Dressings dominates the market. Antimicrobial Dressings represent the fastest growing product segment in the US, while in Europe, the fastest growing product segment is NPWT.

The global market has changed considerably in the recent past owing to rapid growth in Negative Pressure Wound Therapy (NPWT) segment, exit of major healthcare providers, and foray of new companies into the market. Key players profiled in the report include Kinetic Concepts Inc., Smith & Nephew Plc., Mölnlycke Health Care AB, ConvaTec, Inc., Urgo Medical, Systagenix, 3M HealthCare Inc., Bard Medical Division, Celleration Inc., CONMED Corp., COVIDIEN Ltd., Derma Sciences Inc., Medline Industries Inc., Organogenesis Inc., Paul Hartmann AG, and Quick-Med Technologies, Inc.

The report titled "Advanced Wound Care Products: A Global Strategic Business Report" announced by Global Industry Analysts Inc., provides a strategic review of market dynamics, product overview, product segments, product introductions/innovations, and recent industry activity. The study analyzes market data and analytics in terms of value sales for regions including United States, Europe, and Rest of World. The US and European market is categorized into the following segments - Moist Dressings, Antimicrobial Dressings, Negative Pressure Wound Therapy (NPWT), and Active Therapies.

For more details about this market research report, please visit -

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

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