Pune, India -- (SBWIRE) -- 06/17/2019 -- The Global Advanced Wound Dressings Market is likely to expand considerably in the coming years, driven by a growing emphasis on research and development of advanced wound dressings. According to a report published by Fortune Business Insights, titled "Advanced Wound Dressings: Global Market Analysis, Insights and Forecast, 2018-2025," the market is likely to reach US$ 8,460.8 Mn by 2025. Fortune Business Insights also states that the market was valued at US$ 5,916.8 Mn in 2018 and will exhibit a CAGR of around 4.6% in the forecast period.

Get Sample PDF:
https://www.fortunebusinessinsights.com/enquiry/sample/advanced-wound-dressings-market-100384

The demand for advanced wound dressings has risen to a huge extent, due to an increased incidence of chronic and surgical wounds, around the world. There is an increasing awareness about proper advanced wound management, around the world. Advanced wound dressings can be used in healing chronic wounds such as diabetic foot ulcers, limb ulcers, and pressure ulcers. Increasing RandD initiatives have led to massive improvements in traditional wound dressings.

This, in turn, has led to a shift of preference in healthcare professionals and surgeons from traditional wound dressings to advanced wound dressings. Furthermore, the availability of advanced wound dressings in abundance may lead to a decline in their cost in the forthcoming years. The aforementioned factors may have a positive impact on the global advanced wound dressings Industry and are likely to favour growth of the market in the forthcoming years.

Alginate Dressings to Witness High Demand

Clinical efficiencies of alginate dressings have resulted in their increasing demand in recent years. The use of alginate dressings to treat wounds that have a large amount of exudate has led to increasing adoption among surgeons and related professionals within advanced wound care clinics, globally. Furthermore, increasing demand and subsequent production have created the need for improved dressings. The demand for improvements has thereby led to innovations in advanced wound dressings and this, in turn, is likely to have a positive impact on the global market in the coming years.

Fortune Business Insights has stated that alginate dressings have accounted for 11.8% of the total market share in 2017 and growing popularity in the healthcare sector may boost their demand in the forthcoming years. Besides alginate dressings, recent advancements in hydrocolloid dressings may boost the global advanced wound dressings market in the coming years.

Large Patient Pool to Induce Growth in the Asia Pacific Market Fortune Business Insights has labelled out the Asia Pacific as the region with the highest demand for advanced wound dressings. An increasing number of people suffering from diabetic ulcers is leading to a subsequent rise in demand for advanced wound dressings in India, Japan, and China. Furthermore, the increasing geriatric population also serves well for the growth of advanced wound dressings industry in the Asia Pacific. According to the United Nations, Japan accounts for the largest life expectancy among all countries.

There are more people above the age of 60 in Japan and its neighbouring countries within the Asia Pacific than any other region. As the demand for advanced wound dressings is inclined towards the geriatric population, this factor is likely to favour the growth of the advanced wound dressings in the Asia Pacific. Having said that, inadequate reimbursement policies in the Asia Pacific are likely to hamper the growth of the regional market in the coming years.

5. Global Advanced Wound Dressings Market 2019 Industry Trends
5.1. Key Findings / Summary
5.2. Advanced Wound Dressings Market 2019 Industry Trends By Product
5.2.1 AlginateDressings
5.2.2 hydrogel dressing
5.2.3 FilmDressings
5.2.4Hydrocolloid Dressings
5.2.5Antimicrobial Dressings
5.2.6 FoamDressings
5.3. Market Analysis, Insights and Forecast By Indication
5.3.1 diabetic foot Ulcers
5.3.2 pressure ulcers
5.3.3 SurgicalWounds
5.4. Advanced Wound Dressings Market 2019 Industry Trends By End User
5.4.1Hospitals
5.4.2 Clinics
5.4.3 HomeCare Settings

Browse Complete Report:
https://www.fortunebusinessinsights.com/industry-reports/advanced-wound-dressings-market-100384

5.5. Market Analysis, Insights and Forecast By Region
5.5.1 NorthAmerica
5.5.2 Europe
5.5.3 AsiaPacific
5.5.4 Latin America
5.5.5 MiddleEast and Africa

About us:

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.