Global Market Study on Advanced Wound Management Technologies (2019-2029): Meagre Reimbursement Scenario - The Key Limiting Factor


  • Rep Id : XPLREP3897
  • Published On : July, 2019
  • No. of Pages : 300
  • Category : Pharmaceutical
  • Publisher : XploreMR

Advanced wound management technologies include different wound healing products, and the market include devices and consumables of great diversity. The products are made up of different materials allowing them to heal a wound quicker than usual. Advanced wound management technologies are superior to traditional methods of wound healing, as they are particularly used for acute and chronic wound.

Modern Approaches and Technologies in Wound Healing

The best form of traditional wound healing techniques includes moist wound healing dressings, environment provided by such product supports the vital cells responsible for wound repair. As identified that not all complex and chronic wound respond well with moist wound healing products. Advanced wound management technologies offer better wound closure properties, product including negative pressure wound therapy, bioengineered skin substitutes electrical stimulation and superabsorbent dressings.

This creates a better space for such advanced wound management technologies to replace traditional wound healing products, the drop in prices due to introduction of more number of products would eventually increase the market share of advanced wound management technologies in overall wound management products. More number of companies are involved in the research and development of advanced wound management technologies, developed economies tend to adopt more advanced form of healing than traditional units.

Gaps in Current Coverage Policy Restrict Adoption of Advanced Wound Management Technologies

Over the last few years, insurance payers have changed the payment scheme to all-inclusive particular prospective system for a majority of care settings. As wounds are not uniform in nature, significantly affecting the treatment cost, these differences make it impossible to set a standard rate of reimbursement.

All wound types are not accounted in the assessment documents. Such diverse nature limits the advanced wound management technologies market potential as adoption decreases with significant out of pocket expenditure.

Legal Issues between Product Manufacturers and Governments Unlock the Hidden Dilemmas 

Manufacturers distributing products outside their regional background requires to follow certain guidelines, the guidelines could differ in each region or country of sales. Falling under the specific guidelines allow each product to be marketed. There was an incident with Medtronic PLC in China where the Chinese government issued a million dollar worth lawsuit against the company. The case was highlighting the risk of apparent price fixing of their products in the region.

Companies tend to charge the same price for a product in developing economies as they do in developed economies, where a similar product is worth 20% to 30% less offered by local manufacturers. Legal issues like such hamper the product penetration in rural regions, urban societies of developing economies also suffer from the same. China has rarely filed medical product manufacturers for such incidences, so is the scenario in other countries. Such practices by manufacturers and opposing pointers arranged by government affects the advanced wound management technologies market

The advanced wound management technologies market comprises of companies with different backgrounds in the industry. There are exception cases where the company is fully inclined towards advanced wound management technologies. Companies like Mölnlycke Health Care, B. Braun Melsungen AG, Coloplast A/S, Smith & Nephew PLC lead the market share in terms of value. They have a direct presence in most of the developed economies, and also channels indirect sales through international distributors.

Advanced Wound Management Technologies Market: Competitive Landscape

Competition landscape section in the report include profiles of some of the prominent manufacturers in the advanced wound management technologies market based on their offerings, financials, marketing approach, differential strategies, and a precise analyst comment for each of the manufacturer is present in the section. The section also includes market share analysis for each of the players and tier wise market structure for a better an understanding of the advanced wound management technologies market.

The key players profiled in this report include 

  • Mölnlycke Health Care
  • B. Braun Melsungen AG 
  • Coloplast A/S
  • SIGVARIS
  • Medline Industries, Inc.
  • ConvaTec Group plc
  • Acelity L.P. Inc.
  • 3M 
  • Ethicon Inc.
  • BSN Medical 
  • Smith & Nephew PLC.

A recent market study published by XploreMR – “Advanced Wound Management Technologies Market: Global Industry Analysis 2014-2018 & Forecast, 2019-2029” consists of a comprehensive assessment of the most important market dynamics. On conducting a thorough research of the historic as well as current growth parameters of the advanced wound management technologies market, the growth prospects are obtained with maximum precision. The advanced wound management technologies market report features the unique and salient factors that are likely to significantly impact the development of the advanced wound management technologies market during the forecast period. It can help market players to modify their manufacturing and marketing strategies to envisage maximum potential in the advanced wound management technologies market in the upcoming years. The report provides detailed information about the current and future growth prospects of the advanced wound management technologies market in the most comprehensive manner for the better understanding of readers

Chapter 1 – Executive Summary

The advanced wound management technologies market report commences with an executive summary of the key findings and key statistics of the advanced wound management technologies market. It also includes the market value (US$ million) estimates of the leading segments of the advanced wound management technologies market

Chapter 2 – Market Introduction

Readers can find detailed market taxonomy which highlights the inclusions and exclusions for the subject. The definition of each advanced wound management technologies is included in this chapter, which helps in understanding the basic information about the concerned advanced wound management technologies market, which helps the reader understand the scope of the advanced wound management technologies market report

Chapter 3 – Opportunity Analysis

This section explains the key trends followed by the manufacturer and consumer in advanced wound management technologies market. This section helps reader to understand the both supply-side and demand-side opportunities impacting the growth of advanced wound management technologies market

Chapter 4 – Key Success Factors

This chapter highlights the key success factors of the advanced wound management technologies market, which include healthcare market outlook, regulatory scenario, NPWT devices pipeline analysis, epidemiology study, consumables market ecosystem and reimbursement structure

Chapter 5 – Global Advanced Wound Management Technologies Market - Pricing Analysis

This chapter highlights the price for each product type in advanced wound management technologies market, pricing is provided on a regional and global level

Chapter 6 – Global Advanced Wound Management Technologies Market Value Analysis 2014-2018 & Forecast, 2019-2029

This section explains the global market analysis and forecast for the advanced wound management technologies market. It also highlights the incremental opportunity for the advanced wound management technologies market along with the absolute dollar opportunity for every year between the forecast period of 2019-2029

Chapter 7 – Market Background

This chapter explains the key macro-economic factors that are expected to influence the growth of the Advanced Wound Management Technologies market over the forecast period. Along with macroeconomic factors, this section also highlights the opportunity analysis for the Advanced Wound Management Technologies market. This chapter also highlights the key dynamics of the Advanced Wound Management Technologies market, which include the drivers and restraints

 Chapter 8 – Global Advanced Wound Management Technologies Market Analysis 2014-2018 & Forecast, 2019-2029, By Product Type

Based on the product type market analysis, the advance wound management market is segmented into advance wound dressings, wound contact layers, superabsorbent dressings, negative pressure wound therapy devices and compression therapy

Chapter 9 – Global Advanced Wound Management Technologies Market Analysis 2014-2018 & Forecast, 2019-2029, By Application

Based on application type market analysis, the advance wound management market is segmented into chronic ulcers and non-healing surgical wounds, with suitable sub-segments for a clear understanding of the usage pattern

Chapter 10 – Global Advanced Wound Management Technologies Market Analysis 2014-2018 & Forecast, 2019-2029, By End User

Based on end user, the advanced wound management technologies market is segmented into hospitals, clinics, ambulatory surgical centers, skilled nursing facilities, and other facilities

Chapter 11 – Global Advanced Wound Management Technologies Market Analysis 2014-2018 & Forecast, 2019-2029, By Region

This chapter explains how the advanced wound management technologies market will grow across various geographic regions such as North America, Latin America, Europe, East Asia, South Asia, Oceania and the Middle East & Africa (MEA)

Chapter 12 – North America Advanced Wound Management Technologies Market Analysis 2014-2018 & Forecast, 2019-2029

This chapter includes a detailed analysis of the growth of the North America advanced wound management technologies market along with a country-wise assessment, which includes the U.S. and Canada. Readers can also find the key takeaways of this region, and market growth based on product type, application, end user and country of advanced wound management technologies in the North America region

Chapter 13 – Latin America Advanced Wound Management Technologies Market Analysis 2014-2018 & Forecast, 2019-2029

This chapter contains a snapshot of the Latin America advanced wound management technologies market. It includes the growth prospects of the advanced wound management technologies market in the leading LATAM countries such as Brazil, Mexico and the rest of the Latin America region

Chapter 14 –Europe Advanced Wound Management Technologies Market Analysis 2014-2018 & Forecast, 2019-2029

The important growth prospects of the advanced wound management technologies market based on product type, application, end user in several European countries, such as the U.K., Germany, France, Italy, Spain, BENELUX, Russia and the rest of Europe, is included in this chapter

Chapter 15 –East Asia Advanced Wound Management Technologies Market Analysis 2014-2018 & Forecast, 2019-2029

This chapter highlights the growth of the advanced wound management technologies market in East Asia by focusing on China, Japan and South Korea. This section also helps readers understand the key factors that are responsible for the growth of the advanced wound management technologies market in East Asia

Chapter 16 – South Asia Advanced Wound Management Technologies Market Analysis 2014-2018 & Forecast, 2019-2029

India, Indonesia, Thailand, Malaysia are the leading countries in the South Asia region that are the prime subjects of assessment to obtain the growth prospects of the South Asia advanced wound management technologies market in this chapter. Readers can find detailed information about the growth parameters of the South Asia advanced wound management technologies market during the period 2019-2029

Chapter 17 – Oceania Advanced Wound Management Technologies Market Analysis 2014-2018 & Forecast, 2019-2029

Readers can find important factors that can significantly impact the growth of the advanced wound management technologies market in Australia and New Zealand during the forecast period based on the market segmentation

Chapter 18 – MEA Advanced Wound Management Technologies Market Analysis 2014-2018 & Forecast, 2019-2029

This chapter provides information about the growth of the advanced wound management technologies market in the major countries of the MEA region, such as GCC Countries and South Africa, during the period 2019-2029

Chapter 19 – Market Structure Analysis

This section explains the tier structure for global advanced wound management technologies market which helps reader to understand the percent share of market cover by tier 1, tier 2, and tier 3 players in the advanced wound management technologies market. This section also explains the company share analysis for advanced wound management technologies market which helps readers to understand the market share taken by key players available in the market

Chapter 20 – Competition Landscape

In this chapter, readers can find a comprehensive list of all the leading manufacturers in the advanced wound management technologies market, along with detailed information about each company, which includes the company overview, revenue shares, strategic overview, and recent company developments. Some of the players featured in the advanced wound management technologies market report are Mölnlycke Health Care, B. Braun Melsungen AG, Coloplast A/S, SIGVARIS, Medline Industries, Inc., ConvaTec Group plc, Acelity L.P. Inc., 3M, Ethicon Inc., BSN Medical and Smith & Nephew PLC

Chapter 21 – Assumptions and Acronyms

This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the report

Chapter 22 – Research Methodology

This chapter helps readers understand the research methodology followed to obtain various conclusions and important qualitative information & quantitative information about the advanced wound management technologies market

Advanced Wound Management Technologies Market