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Advanced Wound Care Management to 2016

The Global Advanced Wound Management Market is Forecast to Reach $3.7 billion in 2016

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Advanced Wound Care Management to 2016

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  1. Advanced Wound Care Management to 2016 - Increased Adoption of Advanced Wound Care for Chronic Wounds and Diabetes to Drive the Market

  2. The Global Advanced Wound Management Market is Forecast to Reach $3.7 billion in 2016 The global advanced wound management market is forecast to reach $3.7 billion by 2016, with a compound annual growth rate (CAGR) of 4.5% during the period 2009-2016. The advanced wound management market is expected to be primarily driven by an increase in incidence of chronic wounds, a growing elderly population across the globe and greater adoption of technological advancements by surgeons and patients. In 2010, there are approximately 11 million venous ulcers, 11.3 million diabetic ulcers and 5.2 million pressure ulcers in the world requiring treatment, which will provide ample opportunities for advanced wound management products to penetrate into the market. The growth is being driven by advancement in technology and products that are more clinically efficient and cost effective than their conventional counterparts. As technology advances, clinicians gain the ability to select dressings that simplify the selection process by providing multiple features and benefits. These products take less time to heal wounds when compared with low cost traditional wound care products, thereby reducing the hospital and healthcare professional’s bills, which account for a substantial portion of the total patient billing. According to the United Nations Population Division, people aged 60 and over are projected to account for 22% of the total world population by 2050, up from 11% in 2007, which will drive growth in the advanced

  3. wound management market. A new set of technologies and products are making an entry into the market with the aim of improving wound care management. Technological advancements, such as improvements in synthetic dressing materials and newer technologies, such as recombinant growth factors, endovascular arterial repair techniques, bi-layered human dermal substitutes and xenogeneic tissue scaffolds are expected to have a positive impact on the advanced wound management market. For further details, please click or add the below link to your browser: http://www.gbiresearch.com/Report.aspx?ID=Advanced-Wound-care-to-2016-Increased-Adoption-of-Advanced-Wound-Care-for-Chronic-Wounds-and-Diabetes-to-Drive-the-Market&ReportType=Industry_Report&coreindustry=ALL&Title=Medical_Devices Foams Market is the Largest Category in the Global Advanced Wound Management Market The foams market has emerged as the largest category in the global advanced wound management market in 2009. The foams market accounted for about 35% of the overall advanced wound management market. The global foams market was valued at $948.7m in 2009 and is forecast to grow at a CAGR of 6%, to reach $1,406m in 2016. The market is expected to be driven by an

  4. increasing demand for advanced wound management products because of an increase in awareness and technological advancements. The ability of foams products to outperform hydrocolloids in highly exuding wounds and their moderate cost have made foam dressings one of the fastest growing segments in the advanced wound management market. Advanced technological innovations aid better wound healing. Highly absorbent foams allow the caregiver to change dressings less frequently. Foams absorb exudate, keeping it off the wound and decreasing maceration of the surrounding tissue. Foams are best used for wounds such as weeping ulcers and deep cavity wounds as packing, to prevent premature closure while absorbing exudate and maintaining a moist environment. Foam dressings have transformed patient acceptance in a significant way. Not only do these procedures save costs, they also provide considerable benefits, such as faster recovery times and reduced pain to patients. Innovation in foam dressings and the launch of combination dressings are driving the advanced wound management market revenue. GBI Research’s report, “Advanced Wound Management to 2016 – Increased Adoption of Advanced Wound Management for Chronic Wounds and Diabetes to Drive the Market” provides key data, information and analysis on the global advanced wound management market. The report provides market landscape, competitive landscape and market trends information on seven advanced

  5. wound management market categories – Semi-permeable films, Foams, Hydrofibers, Hydrocolloids, Hydrogels, Alginates and Collagens. The report provides comprehensive information on the key trends affecting these categories, and key analytical content on the market dynamics. The report also reviews the competitive landscape and a detailed analysis of the pipeline products in each category. The report also reviews details about important merger and acquisition deals that have taken place in the advanced wound management market during the past three years. This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GBI Research’s team of industry experts. For further details, please click or add the below link to your browser: http://www.gbiresearch.com/Report.aspx?ID=Advanced-Wound-care-to-2016-Increased-Adoption-of-Advanced-Wound-Care-for-Chronic-Wounds-and-Diabetes-to-Drive-the-Market&ReportType=Industry_Report&coreindustry=ALL&Title=Medical_Devices Visit our report store: http://www.gbiresearch.com

  6. For more details contact: pressreleases@gbiresearch.com North America: +1 646 395 5477 Europe: +44 207 753 4299 +44 1204 543 533 Asia Pacific: +91 40 6616 6782

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