Market Research Report
Australia Wound Care Management Devices Market - Growth, Trends, and Forecast (2020 - 2025)
|Published by||Mordor Intelligence LLP||Product code||391046|
|Published||Content info||80 Pages
Delivery time: 2-3 business days
|Australia Wound Care Management Devices Market - Growth, Trends, and Forecast (2020 - 2025)|
|Published: August 1, 2020||Content info: 80 Pages||
The Australian wound care management devices market is expected to witness a CAGR of 7.5% during the forecast period. Certain factors that are driving the growth of the market include rising incidences of chronic wounds, growing demand for faster recovery of wounds, and an increase in surgeries.
Advanced Wound Management is Expected to Show Lucrative Growth
Advanced wound care management products are used for the treatment of acute and chronic wounds, including leg, diabetic, and pressure ulcers, burns, and post-operative wounds. Most of the companies offer a comprehensive advanced wound care dressings portfolio, in order to protect and promote a moist wound healing environment.
Advanced products for the wound healing process are generally prescribed by clinicians after a visit to the doctor or hospital. This category generally includes film and foam dressings, hydrogels, alginates, and hydrocolloids. Such products are largely focused on keeping the wound hydrated to encourage healing, following the philosophy that a moist microenvironment promotes the natural healing process (human cells require water to live and grow) without occluding the wound.
The Australian wound care management devices market, which is highly competitive, consists of several major players. Companies, such as 3M Health Care Ltd, Coloplast AS, ConvaTec Inc., Covidien PLC, Hollister Incorporated, Johnson & Johnson, Medline Industries Inc., and Smith & Nephew PLC, among others, hold a substantial market share in the Australian wound care management devices market.