Asia-Pacific Advanced Wound Dressings Market By Product ; By Application (Chronic Wounds and Acute Wounds ); By End-Use Trend Analysis, Competitive Market Share & Forecast, 2018-2028

Description

Asia Pacific Advanced Wound Dressings Market to Surpass USD 1.77 Billion by 2028

Asia-Pacific advanced wound dressings market is growing at a high CAGR because of increasing incidences of chronic and acute wounds which driving the Asia-Pacific Advanced wound dressings market. Rising investments in improving healthcare infrastructure, rapidly growing geriatric population, prevalence of skin ulcers, tissue necrosis, and diabetic foot ulcers are some of the factors propelling the Asia-Pacific advanced wound dressing market. As a result, wound care has become more important following surgery, injury, or sickness.

A recent study conducted by the strategic consulting and market research firm, BlueWeave Consulting, revealed that the Asia-Pacific Advanced Wound Dressings Market was worth USD 1,153.6 million in the year 2021. The market is projected to grow at a CAGR of 6.4%, earning revenues of around USD 1,774.5 million by the end of 2028. The Asia-Pacific advanced wound dressings market is booming because of the prevalence of diabetes, along with an increase in the number of people diagnosed with diabetes. Also rapidly growing geriatric population, the prevalence of skin ulcers, tissue necrosis, and diabetic foot ulcers are some of the factors propelling the Asia-Pacific advanced wound dressing market. The high cost of advanced wound care with an inadequate reimbursement is a huge restraining factor for the market growth.

Increasing Incidence of Diabetic Foot Ulcers in Asia to Accelerate Demand

A diabetic foot ulcer is one of the most well-known types of chronic wounds. The increased prevalence of diabetes associated with increased foot ulcers among these patients is expected to drive demand for these dressings in the Asia Pacific region. A diabetic foot ulcer is one of the major complications associated with diabetes. Various clinical studies have shown that people with diabetes are much more likely to have diabetic foot ulcers than people with non-diabetes. According to an article published by the International Diabetes Federation (IDF) in 2020, an estimated 7.3 million adults in Japan have diabetes, with an estimated prevalence of adult diabetes in Japan of 7.9%. Such statistics and new product launches are expected to further escalate the market growth in the Asia-Pacific region.

Venous Legs Ulcers Segment Accounted for the Largest Market Share in 2021 -by Application

The Asia-Pacific advanced wound dressings market is segmented on application into Chronic Wounds and Acute Wounds. Chronic Wounds are sub-segmented into Diabetic Foot Ulcers, Pressure Ulcers, Venous Leg Ulcers, and Other Chronic Wounds. In contrast, Acute wounds segment bifurcated into Surgical & Traumatic Wounds and Burns. The venous leg ulcers segment held the largest market share in 2021. Venous skin ulcers are long-term lower extremity wounds that take 4-6 weeks to heal and require advanced wound treatment that positively affects segmental dilation. Traditionally, dressing and surgery have been the most preferred treatments for venous leg ulcers and will increase the demand for advanced wound care.

Regional Insights

On the national side, markets are analyzed in Singapore, Malaysia, Japan, China, India, South Korea, Australia, and other Asia Pacific regions. China will have the largest market share in the advanced wound care market in the Asia Pacific region in 2021 and is expected to maintain its dominance throughout the forecast period. Increased discretionary income and increased knowledge of Advantage's sophisticated wound care dressing providers are driving market growth in the region. In addition, the elderly population takes longer to recover, especially for the elderly, which is driving the growth of the region. The moderate onset of diabetes, which is the key to foot ulcers in Japan, helps to maintain the market growth.

Impact of COVID-19 on Asia-Pacific Advanced Wound Dressings Market

Governments in several Asian countries have imposed widespread restrictions, such as national blockades, to limit the spread of the COVID-19 infection that negatively impacted the healthcare market in both developed and developing countries. This has led to a sharp reduction in outpatient visits for non-essential medical procedures. But the increasing use of this type of Advanced Wound dressing in-home care has minimized its impact on the Asian market. In addition, with a robust supply chain and limited assistance required for use, COVID-19 has a moderate impact on adoption and a limited negative impact on the Asia-Pacific market.

Competitive Landscape

Key players operating in the Asia-Pacific advanced wound dressings market are 3M Co., B. Braun Melsungen AG, Bostik (An Arkema Company), Cardinal Health and Coloplast, ConvaTec Group, Goldwin Medicare Ltd., Integra Lifesciences, JK Medirise, Johnson & Johnson, Services, Inc., Kawamoto Corp., KMS GROUP, Libatape Pharmaceutical Co., Ltd., Medipack, Medtronic, Mimedx Group, Molnlycke Health Care, Nitto Denko Corp., PerSys Medical, Smith & Nephew PLC, Smith & Nephew, Symbio, Inc., Triage Meditech Pvt. Ltd, Yoniner Group Co., Ltd. These companies support new wound healing techniques such as Negative Pressure Wound Therapy (NPWT), which promotes faster recovery and healing time. In addition, wound care companies are using merger acquisitions, in-house R & D, and new partnerships to grow their businesses, especially in promising emerging markets.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of the Asia-Pacific advanced wound dressings market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Asia-Pacific Advanced Wound Dressings Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC22285

1. Research Framework

1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Research Methodology

2.1. Qualitative Research
- 2.1.1. Primary & Secondary Research
2.2. Quantitative Research
2.3. Market Breakdown & Data Triangulation
- 2.3.1. Secondary Research
- 2.3.2. Primary Research
2.4. Breakdown of Primary Research Respondents, By Region
2.5. Assumption & Limitation

3. Executive Summary

4. Asia-Pacific Advanced Wound Dressings Market Insights

4.1. Industry Value Chain Analysis
4.2. DROC Analysis
- 4.2.1. Growth Drivers
- 4.2.2. Restraints
- 4.2.3. Opportunities
- 4.2.4. Challenges
4.3. Technological Advancement/Recent Development
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
- 4.5.1. Bargaining Power of Suppliers
- 4.5.2. Bargaining Power of Buyers
- 4.5.3. Threat of New Entrants
- 4.5.4. Threat of Substitutes
- 4.5.5. Intensity of Rivalry

5. Asia-Pacific Advanced Wound Dressings Market Overview

5.1. Market Size & Forecast by Value, 2018-2028
- 5.1.1. By Value (USD Million)
5.2. Market Share & Forecast
- 5.2.1. By Product
  - 5.2.1.1. Foam Dressings
  - 5.2.1.2. Hydrocolloid Dressings
  - 5.2.1.3. Film Dressings
  - 5.2.1.4. Alginate Dressings
  - 5.2.1.5. Hydrogel Dressings
  - 5.2.1.6. Collagen Dressings
  - 5.2.1.7. Other Advanced Dressings
- 5.2.2. By Application
  - 5.2.2.1. Chronic Wounds
  - 5.2.2.1.1. Diabetic Foot Ulcers
  - 5.2.2.1.2. Pressure Ulcers
  - 5.2.2.1.3. Venous Leg Ulcers
  - 5.2.2.1.4. Other Chronic Wounds
  - 5.2.2.2. Acute Wounds
  - 5.2.2.2.1. Surgical & Traumatic Wounds
  - 5.2.2.2.2. Burns
- 5.2.3. By End-Use
  - 5.2.3.1. Hospitals
  - 5.2.3.2. Specialty Clinics
  - 5.2.3.3. Home Healthcare
  - 5.2.3.4. Others
- 5.2.4. By Country
  - 5.2.4.1. Singapore
  - 5.2.4.2. Malaysia
  - 5.2.4.3. Japan
  - 5.2.4.4. China
  - 5.2.4.5. India
  - 5.2.4.6. South Korea
  - 5.2.4.7. Australia
  - 5.2.4.8. Rest of Asia-Pacific

6. Singapore Advanced Wound Dressings Market

6.1. Market Size & Forecast by Value, 2018-2028
- 6.1.1. By Value (USD Million)
6.2. Market Share & Forecast
- 6.2.1. By Product Type
- 6.2.2. By End-Use
- 6.2.3. By Application

7. Malaysia Advanced Wound Dressings Market

7.1. Market Size & Forecast by Value, 2018-2028
- 7.1.1. By Value (USD Million)
7.2. Market Share & Forecast
- 7.2.1. By Product Type
- 7.2.2. By End-Use
- 7.2.3. By Application

8. Japan Advanced Wound Dressings Market

8.1. Market Size & Forecast by Value, 2018-2028
- 8.1.1. By Value (USD Million)
8.2. Market Share & Forecast
- 8.2.1. By Product Type
- 8.2.2. By End-Use
- 8.2.3. By Application

9. Australia Advanced Wound Dressings Market

9.1. Market Size & Forecast by Value, 2018-2028
- 9.1.1. By Value (USD Million)
9.2. Market Share & Forecast
- 9.2.1. By Product Type
- 9.2.2. By End-Use
- 9.2.3. By Application

10. China Advanced Wound Dressings Market

10.1. Market Size & Forecast by Value, 2018-2028
- 10.1.1. By Value (USD Million)
10.2. Market Share & Forecast
- 10.2.1. By Product Type
- 10.2.2. By End-Use
- 10.2.3. By Application

11. India Advanced Wound Dressings Market

11.1. Market Size & Forecast by Value, 2018-2028
- 11.1.1. By Value (USD Million)
11.2. Market Share & Forecast
- 11.2.1. By Product Type
- 11.2.2. By End-Use
- 11.2.3. By Application

12. South Korea Advanced Wound Dressings Market

12.1. Market Size & Forecast by Value, 2018-2028
- 12.1.1. By Value (USD Million)
12.2. Market Share & Forecast
- 12.2.1. By Product Type
- 12.2.2. By End-Use
- 12.2.3. By Application

13. Rest of Asia-Pacific Advanced Wound Dressings Market

13.1. Market Size & Forecast by Value, 2018-2028
- 13.1.1. By Value (USD Million)
13.2. Market Share & Forecast
- 13.2.1. By Product Type
- 13.2.2. By End-Use
- 13.2.3. By Application

14. Competitive Landscape

14.1. List of Key Players and Their Offerings
14.2. Market Share Analysis, 2021
14.3. Competitive Benchmarking, By Operating Parameters
14.4. Key Strategic Development (Merger, Acquisition, Partnership.)

15. Impact of Covid-19 on Asia-Pacific Advanced Wound Dressings Industry

16. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) **

16.1. 3M Co.
16.2. B. Braun Melsungen AG
16.3. Bostik (An Arkema Company)
16.4. Cardinal Health and
16.5. Coloplast,
16.6. ConvaTec Group,
16.7. Goldwin Medicare Ltd.
16.8. Integra Lifesciences,
16.9. JK Medirise
16.10. Johnson & Johnson Services, Inc.
16.11. Kawamoto Corp.
16.12. KMS GROUP
16.13. Libatape Pharmaceutical Co., Ltd.
16.14. Medipack
16.15. Medtronic,
16.16. Mimedx Group,
16.17. Molnlycke Health Care
16.18. Nitto Denko Corp.
16.19. PerSys Medical
16.20. Smith & Nephew PLC
16.21. Smith & Nephew,
16.22. Symbio, Inc.
16.23. Triage Meditech Pvt. Ltd.
16.24. Yoniner Group Co., Ltd
16.25. Other prominent players

17. Key Strategic Recommendations

*Financial information in case of non-listed companies will be provided as per availability

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable

List Of Figures

Figure 1 Asia-Pacific Advanced Wound Dressings Segmentation
Figure 2 Asia-Pacific Advanced Wound Dressings Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2021
Figure 4 Asia-Pacific Advanced Wound Dressings Market Size, By Value (USD Million), 2018-2028
Figure 5 Asia-Pacific Advanced Wound Dressings Market Share, By Product Type, By Value, 2018-2028
Figure 6 Asia-Pacific Advanced Wound Dressings Market Share, By End-Use, By Value, 2018-2028
Figure 7 Asia-Pacific Advanced Wound Dressings Market Share, By Application, By Value, 2018-2028
Figure 8 Singapore Advanced Wound Dressings Market Size, By Value (USD Million), 2018-2028
Figure 9 Singapore Advanced Wound Dressings Market Share, By Product Type, By Value, 2018-2028
Figure 10 Singapore Advanced Wound Dressings Market Share, By End-Use, By Value, 2018-2028
Figure 11 Singapore Advanced Wound Dressings Market Share, By Application, By Value, 2018-2028
Figure 12 Malaysia Advanced Wound Dressings Market Size, By Value (USD Million), 2018-2028
Figure 13 Malaysia Advanced Wound Dressings Market Share, By Product Type, By Value, 2018-2028
Figure 14 Malaysia Advanced Wound Dressings Market Share, By End-Use, By Value, 2018-2028
Figure 15 Malaysia Advanced Wound Dressings Market Share, By Application, By Value, 2018-2028
Figure 16 The Japan Advanced Wound Dressings Market Size, By Value (USD Million), 2018-2028
Figure 17 The Japan Advanced Wound Dressings Market Share, By Product Type, By Value, 2018-2028
Figure 18 The Japan Advanced Wound Dressings Market Share, By End-Use, By Value, 2018-2028
Figure 19 The Japan Advanced Wound Dressings Market Share, By Application, By Value, 2018-2028
Figure 20 China Advanced Wound Dressings Market Size, By Value (USD Million), 2018-2028
Figure 21 China Advanced Wound Dressings Market Share, By Product Type, By Value, 2018-2028
Figure 22 China Advanced Wound Dressings Market Share, By End-Use, By Value, 2018-2028
Figure 23 China Advanced Wound Dressings Market Share, By Application, By Value, 2018-2028
Figure 24 The India Advanced Wound Dressings Market Size, By Value (USD Million), 2018-2028
Figure 25 The India Advanced Wound Dressings Market Share, By Product Type, By Value, 2018-2028
Figure 26 The India Advanced Wound Dressings Market Share, By End-Use, By Value, 2018-2028
Figure 27 The India Advanced Wound Dressings Market Share, By Application, By Value, 2018-2028
Figure 28 The South Korea Advanced Wound Dressings Market Size, By Value (USD Million), 2018-2028
Figure 29 The South Korea Advanced Wound Dressings Market Share, By Product Type, By Value, 2018-2028
Figure 30 The South Korea Advanced Wound Dressings Market Share, By End-Use, By Value, 2018-2028
Figure 31 The South Korea Advanced Wound Dressings Market Share, By Application, By Value, 2018-2028
Figure 32 Australia Advanced Wound Dressings Market Size, By Value (USD Million), 2018-2028
Figure 33 Australia Advanced Wound Dressings Market Share, By Product Type, By Value, 2018-2028
Figure 34 Australia Advanced Wound Dressings Market Share, By End-Use, By Value, 2018-2028
Figure 35 Australia Advanced Wound Dressings Market Share, By Application, By Value, 2018-2028
Figure 36 Rest of Asia-Pacific Advanced Wound Dressings Market Size, By Value (USD Million), 2018-2028
Figure 37 Rest of Asia-Pacific Advanced Wound Dressings Market Share, By Product Type, By Value, 2018-2028
Figure 38 Rest of Asia-Pacific Advanced Wound Dressings Market Share, By End-Use, By Value, 2018-2028
Figure 39 Rest of Asia-Pacific Advanced Wound Dressings Market Share, By Application, By Value, 2018-2028

List Of Tables

Table 1 Asia-Pacific Advanced Wound Dressings Segmentation
Table 2 Asia-Pacific Advanced Wound Dressings Market Value Chain Analysis
Table 3 Company Market Share Analysis, 2021
Table 4 Asia-Pacific Advanced Wound Dressings Market Size, By Value (USD Million), 2018-2028
Table 5 Asia-Pacific Advanced Wound Dressings Market Share, By Product Type, By Value, 2018-2028
Table 6 Asia-Pacific Advanced Wound Dressings Market Share, By End-Use, By Value, 2018-2028
Table 7 Asia-Pacific Advanced Wound Dressings Market Share, By Application, By Value, 2018-2028
Table 8 Singapore Advanced Wound Dressings Market Size, By Value (USD Million), 2018-2028
Table 9 Singapore Advanced Wound Dressings Market Share, By Product Type, By Value, 2018-2028
Table 10 Singapore Advanced Wound Dressings Market Share, By End-Use, By Value, 2018-2028
Table 11 Singapore Advanced Wound Dressings Market Share, By Application, By Value, 2018-2028
Table 12 Malaysia Advanced Wound Dressings Market Size, By Value (USD Million), 2018-2028
Table 13 Malaysia Advanced Wound Dressings Market Share, By Product Type, By Value, 2018-2028
Table 14 Malaysia Advanced Wound Dressings Market Share, By End-Use, By Value, 2018-2028
Table 15 Malaysia Advanced Wound Dressings Market Share, By Application, By Value, 2018-2028
Table 16 The Japan Advanced Wound Dressings Market Size, By Value (USD Million), 2018-2028
Table 17 The Japan Advanced Wound Dressings Market Share, By Product Type, By Value, 2018-2028
Table 18 The Japan Advanced Wound Dressings Market Share, By End-Use, By Value, 2018-2028
Table 19 The Japan Advanced Wound Dressings Market Share, By Application, By Value, 2018-2028
Table 20 China Advanced Wound Dressings Market Size, By Value (USD Million), 2018-2028
Table 21 China Advanced Wound Dressings Market Share, By Product Type, By Value, 2018-2028
Table 22 China Advanced Wound Dressings Market Share, By End-Use, By Value, 2018-2028
Table 23 China Advanced Wound Dressings Market Share, By Application, By Value, 2018-2028
Table 24 The India Advanced Wound Dressings Market Size, By Value (USD Million), 2018-2028
Table 25 The India Advanced Wound Dressings Market Share, By Product Type, By Value, 2018-2028
Table 26 The India Advanced Wound Dressings Market Share, By End-Use, By Value, 2018-2028
Table 27 The India Advanced Wound Dressings Market Share, By Application, By Value, 2018-2028
Table 28 The South Korea Advanced Wound Dressings Market Size, By Value (USD Million), 2018-2028
Table 29 The South Korea Advanced Wound Dressings Market Share, By Product Type, By Value, 2018-2028
Table 30 The South Korea Advanced Wound Dressings Market Share, By End-Use, By Value, 2018-2028
Table 31 The South Korea Advanced Wound Dressings Market Share, By Application, By Value, 2018-2028
Table 32 Australia Advanced Wound Dressings Market Size, By Value (USD Million), 2018-2028
Table 33 Australia Advanced Wound Dressings Market Share, By Product Type, By Value, 2018-2028
Table 34 Australia Advanced Wound Dressings Market Share, By End-Use, By Value, 2018-2028
Table 35 Australia Advanced Wound Dressings Market Share, By Application, By Value, 2018-2028
Table 36 Rest of Asia-Pacific Advanced Wound Dressings Market Size, By Value (USD Million), 2018-2028
Table 37 Rest of Asia-Pacific Advanced Wound Dressings Market Share, By Product Type, By Value, 2018-2028
Table 38 Rest of Asia-Pacific Advanced Wound Dressings Market Share, By End-Use, By Value, 2018-2028
Table 39 Rest of Asia-Pacific Advanced Wound Dressings Market Share, By Application, By Value, 2018-2028
Table 40 3M Co. Company Overview
Table 41 3M Co. Financial Overview
Table 42 B. Braun Melsungen AG Company Overview
Table 43 B. Braun Melsungen AG Financial Overview
Table 44 Bostik (An Arkema Company) Company Overview
Table 45 Bostik (An Arkema Company) Financial Overview
Table 46 Cardinal Health Company Overview
Table 47 Cardinal Health Financial Overview
Table 48 Coloplast, Company Overview
Table 49 Coloplast, Financial Overview
Table 50 ConvaTec Group, Company Overview
Table 51 ConvaTec Group, Financial Overview
Table 52 Goldwin Medicare Ltd. Company Overview
Table 53 Goldwin Medicare Ltd. Financial Overview
Table 54 Integra Lifesciences Company Overview
Table 55 Integra Lifesciences Financial Overview
Table 56 JK Medirise Company Overview
Table 57 JK Medirise Financial Overview
Table 58 Johnson & Johnson Services, Inc. Company Overview
Table 59 Johnson & Johnson Services, Inc. Financial Overview
Table 60 Kawamoto Corp. Company Overview
Table 61 Kawamoto Corp. Financial Overview
Table 62 Medtronic Company Overview
Table 63 Medtronic Financial Overview
Table 64 Mimedx Group Company Overview
Table 65 Mimedx Group Financial Overview
Table 66 Molnlycke Health Care Company Overview
Table 67 Molnlycke Health Care Financial Overview
Table 68 Nitto Denko Corp. Company Overview
Table 69 Nitto Denko Corp. Financial Overview
Table 70 PerSys Medical Company Overview
Table 71 PerSys Medical Financial Overview
Table 72 Smith & Nephew PLC Company Overview
Table 73 Smith & Nephew PLC Financial Overview
Table 74 Smith & Nephew Financial Overview
Table 75 Smith & Nephew Company Overview
Table 76 Symbio, Inc. Company Overview
Table 77 Symbio, Inc. Financial Overview
Table 78 Triage Meditech Pvt. Ltd. Company Overview
Table 79 Triage Meditech Pvt. Ltd. Financial Overview
Table 80 Yoniner Group Co., Ltd Company Overview
Table 81 Yoniner Group Co., Ltd Financial Overview