The market is majorly driven by the increase in the aging population, rise in chronic wounds, ulcers, diabetic ulcers, and technological advancements.
The market is affected by the lack of proper reimbursements and high-cost procedures.
Market Trends
Pharmacological therapies: There are some great innovations in Pharmacology. Pharmaceutical agents such as angiotensin-converting enzyme (ACE) inhibitors, monoclonal antibodies, topical immunosuppressants, and xanthine oxidase inhibitors have been introduced in wound care treatment successfully. According to a European Cardiology research, ACE inhibition improved walking ability and quality of life in patients with the peripheral arterial disease, a common circulatory problem, and positively impacted wound healing.
Keratin-based wound management: In wound care management treatment, some new Keratin-based wound care products are introduced. Keratins are the major proteins in keratinocytes and are essential for many cellular functions.
Several countries including Australia and New Zealand have adopted Keratin-based products. Keratin-based hydrogel products can also be used in the treatment of chronic dry wounds, acute wounds and for certain skin conditions that provide moisture to dry wounds, as well as a keratin-rich environment for cell growth and healing.
The report profiles the following companies, which include
Baxter International
Covidien
Kinetic Concepts
Coloplast
Others
The scope of the report
The report covers the factors impacting the market, Porter 5 Forces, Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles.
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