| “The Future of the Wound Care Management | | | | ultrasound, nanocrystalline silver technology, |
| Market to 2015”, report provides key data, | | | | nanospider technology and use of silver and |
| information and analysis on the global wound care | | | | combination dressings are improving wound care |
| management market. The report provides market | | | | management. Other emerging trends in wound care |
| landscape, competitive landscape and market trends | | | | management include tissue engineering, animal-fetal |
| information on seven market categories including | | | | cell research for regenerating tissue in chronic |
| advanced wound management, compression therapy, | | | | wounds, stem cell therapy and gene therapy. |
| ostomy drainage bags, traditional wound | | | | Technological advances such as improvements in |
| management, wound closure devices, negative | | | | synthetic dressing materials are expected to have a |
| pressure wound therapy and pressure relief devices. | | | | positive impact on the growth in the wound care |
| This report provides comprehensive information on | | | | management market. Newer technologies such as |
| the key trends affecting these categories, key | | | | recombinant growth factors, endovascular arterial |
| analytical content and usage patterns on the market | | | | repair techniques, bilayered human dermal substitutes |
| dynamics. The report also reviews the competitive | | | | and xenogeneic tissue scaffold are aimed at further |
| landscape in terms of pipeline products and | | | | improving the wound care management. |
| technology offerings. ( ) | | | | Advanced Wound Management and Wound Closure |
| Wound Care Management Market to Cross $17 billion | | | | Devices are Key Categories in the Wound Care |
| by 2015 | | | | Management Market |
| This report estimates that the global market for | | | | Advanced wound management and wound closure |
| wound care management products, which was valued | | | | devices categories accounted for 42% of the overall |
| at around $13 billion in 2008, would exceed $17 billion | | | | wound care management market in 2008. Advanced |
| by 2015 with a CAGR of 4%. The market is | | | | wound management market is driven by the rising |
| expected to be driven by the increasing number of | | | | prevalence of chronic wounds, increasing acceptance |
| surgeries and the rising prevalence of pressure ulcers, | | | | of the healthcare professionals and improving levels |
| diabetic ulcers and venous ulcers. The market is also | | | | of patient awareness. The demand for wound |
| expected to be driven by technological advances and | | | | closure devices is expected to increase with the |
| by the introduction of new and innovative therapies | | | | increase in the number of surgeries in cardiovascular |
| for wound care management. Also, increasing patient | | | | and orthopedic markets. These surgeries represent a |
| awareness is boosting the demand for wound care | | | | key growth driver for hemostats and tissue sealants |
| management. Patients are more proactive in their well | | | | market. Other surgeries which are expected to |
| being and are willing to seek physician’s advice at | | | | contribute to the growth of wound closure market |
| an early stage. Further, the availability of wide range | | | | are neurological, gynecological and urological |
| of products to treat different kinds of wounds is | | | | procedures. Good surgical outcome and less morbidity |
| increasing the acceptance of healthcare professionals. | | | | seen with wound closure devices are increasing the |
| US to Remain the Largest Market for Wound Care | | | | adoption rates of these products. |
| Management | | | | Reimbursement Reforms are Limiting Market Growth |
| Globally, the US remains the largest wound care | | | | in Some Regions |
| management market. The US market, valued at $5.2 | | | | The reimbursement levels vary greatly in the US, |
| billion in 2008, is forecast to grow by 4% annually for | | | | Europe and Asia Pacific. Availability of reimbursement, |
| the next seven years to reach $7.5 million by 2015. | | | | for expensive products and treatments such as |
| The US, increasing its contribution from 39% to 43% | | | | advanced wound management dressings and |
| towards the global wound care management market, | | | | negative pressure wound therapy, is more in the US |
| is expected to remain the largest market for wound | | | | as compared to other countries. However, the US |
| care management. The US wound care management | | | | also has been witnessing a constant reduction in the |
| market is expected to be driven by increasing | | | | reimbursement rates every year for some of the |
| prevalence of chronic wounds, better reimbursement | | | | wound care management products. Companies |
| levels for advanced technologies, positive | | | | operating in the wound care management market are |
| demographics and increased levels of patient | | | | also facing pricing pressures due to reimbursement |
| awareness. | | | | reforms. This is hurting the companies’ top line |
| Introduction of New and Innovative Technologies to | | | | and bottom line growth. Increasing pressure to |
| Improve Wound Care Management | | | | contain costs, in economies where healthcare spend |
| Introduction of new and innovative technologies are | | | | by the government is more, is leading to pricing |
| helping in meeting patient demands. Technologies | | | | pressures for almost all of the products. This trend is |
| such as electrical stimulation, electromagnetic therapy, | | | | expected to continue in the future as well. |
| nanotechnology, low level laser therapy, therapeutic | | | | |