Global market for advanced wound care can be segmented on the basis of various categories including the type, application, end- user and geography. On the basis of type, the advanced wound care market can be classified into advanced wound dressing, advanced wound therapy devices, and active wound care products. The wound dressing type classification can further be divided into hydrocolloid dressing, foam dressing, film dressing, hydrogel dressing, alginate dressing, collagen dressing and others.

The application segmentation of the global advanced wound care market can be classified on the basis of surgical and chronic wounds, ulcers and burns. The segmentation of end- users can be bifurcated into inpatient facilities and outpatient facilities. North America, Europe, Asia- Pacific and Rest of the World form the different regions of segmentation of the global advanced wound care market.

In recent times, there has been a rapid increase in geriatric population, road accidents, surgeries and burn cases all over the world. There has also been an increase in chronic wounds which has consequently driven the global advanced wound care market. The growth rate of 7% is estimated by the market during the forecast period of 2016 and 2022, with the market reaching the value of over $17 million by the end of the forecast period i.e., 2022.

Here are some more points that help explain the global advanced wound care market:

• In, 2015, the largest and fastest segment based on the type was that of advanced wound dressing with over 50% share.
• In 2015, the largest share of the global advanced wound care market was secured by surgical and chronic wounds with almost 48% share; on the basis of application segment. With a CAGR rate of 7.7%, this segment will see growth in Asia- Pacific region in the forecast period according to estimates.
• Geographically, North America is the largest market for advanced wound care market globally given rise of geriatric population, road accidents, cases of diabetes and obesity. Europe and Asia- Pacific follow this market in terms of wound care.
• The major players operating in the global advanced wound care market include 3M Company, Acelity LP Inc., Coloplast Corp., Mo-Sci Corp., Deroyal industries Inc., Medtronic Plc., Organogenesis Inc., Hollister Inc., Dermarite Industries LLC, Molnlycke Healthcare AB, Derma Sciences Inc., Smith & Nephew Plc., and Integra Lifesciences Holdings Corp. among others.

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