The Asia-Pacific advanced wound care dressings Market is accounted to reach USD 2,878.0 million by 2024, from USD 1,074.0 million in 2016 growing at a CAGR of 13.4% in the forecast period 2017 to 2024
The major factors driving the growth of this market are rising aging and geriatric population and technological advancement in advanced wound care dressings products, increased number of surgical procedures, government support for promoting advanced wound care products, rising incidence of diabetes. On the other hand, high cost of products and availability of substitute products hinders the market growth.
The key market players for Asia-Pacific advanced wound care dressings Market are listed below;
Acelity L.P. Inc
Smith and Nephew
3M,
The market is further segmented into;
hospitals,
wound care centres,
ambulatory centres,
home healthcare,
clinics
community healthcare diabetic ulcers
The Asia-Pacific advanced wound care dressings market is segmented on the basis of product type, wound type, end user and distribution channel. On the basis of product type, the Asia-Pacific advanced wound care dressings market is segmented into foam dressings, hydrogels, film dressings, alginates, wound contact layer, and super absorbent dressing. In 2017, film dressings is expected to dominate the Asia-Pacific advanced wound care dressings market with 54.0% market share and is expected to reach USD 297.7 million by 2024, growing with a CAGR of 11.0% in the forecast period 2017 to 2024.
On the basis of wound type, the Asia-Pacific advanced wound care dressings market is segmented into surgical wound, diabetic ulcers, burns, pressure ulcers, venous ulcers and others. In 2017, diabetic ulcers is expected to dominate the Asia-Pacific advanced wound care dressings market with 31.9% market share and is expected to reach USD 1,093.0 million by 2024, growing with the highest CAGR of 16.3% in the forecast period 2017 to 2024.
On the basis of end-user, the Asia-Pacific advanced wound care dressings market is segmented into hospitals, wound care centres, ambulatory centres, home healthcare, clinics and community healthcare. In 2017, hospital is expected to dominate the Asia-Pacific advanced wound care dressings market with 45.1% market share and is expected to reach USD 993.1 million by 2024, growing with the highest CAGR of 9.2% in the forecast period 2017 to 2024.
On the basis of distribution channel, the Asia-Pacific advanced wound care dressings market is segmented into direct tenders and distributor & retails. In 2017, direct tenders is expected to dominate the Asia-Pacific advanced wound care dressings market with 77.3% market share and is expected to reach USD 2,348.0 million by 2024, growing with the highest CAGR of 14.3% in the forecast period 2017 to 2024.
Based on geography, the Asia-Pacific advanced wound care dressings market is segmented into geographical regions, such as,
Germany,
China,
Japan,
India,
South Korea,
Australia,
Thailand,
Malaysia,
Singapore,
Indonesia,
Philippines
Rest of Asia-Pacific
Covered in this report
The report covers the present scenario and the growth prospects of the Asia-Pacific advanced wound care dressings market for 2018-2025. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.
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