Overview
Traditional wound care and advanced wound care products are the two types of wound care management products. Traditional wound care management, in which health professionals use wound care products like medical tapes, dressings, and bandage rolls to protect the wound from external causes and avoid bleeding and infections, is more common around the world. Foam dressings, alginates, hydrogels, and hydrocolloids are examples of advanced wound care products that promote natural healing without obstructing the wound. These products promote wound healing by ensuring adequate oxygen supply, maintaining a constant temperature, and providing protection from the elements.
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During the COVID-19 pandemic, hospitals and intensive care services encountered a shortage of patients. As a consequence, any operation or service considered to be “non-essential” is turned off. Wound treatment has also been labelled as “non-essential” in many hospitals. COVID-19 infection can lead to other infections, sepsis, amputations, and even death in patients with diabetes, hypertension, venous insufficiency, and peripheral artery disease. In addition, non-healing wounds that are left untreated and unmanaged due to a lack of wound care products can result in medical problems such as infection, sepsis, the need for limb amputation, and even death.
Over the forecast period (2020-2027), India advanced wound care management market is expected to manifest a CAGR of 5.5% and is estimated to have a market valuation of US$ 227.2 million in 2020.
Drivers
The India advanced wound care management market is expected to expand as a result of product launches and R&D activities.
Due to the launch of novel wound care management products in India, the India advanced wound care management market is expected to expand significantly over the forecast period. MaxioCel, a next-generation wound care dressing made of chitosan, was launched in New Delhi, India, by Axio Biosolutions, an India-based medtech firm, in February 2019. Patients with chronic wounds such as pressure ulcers, diabetic foot ulcers, venous leg ulcers, cavity wounds, skin abrasions, and post-operative surgical wounds should find relief and faster healing with this medication.
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Furthermore, several academic and research institutes are involved in research and development, which is expected to boost growth of India advanced wound care treatment market over the forecast period. The Indian Institute of Technology (IIT) Ropar’s biomedical engineering department, in collaboration with Ohio State University in the U.S., created a possible targeted therapeutic technique that could support diabetic patients undergoing surgical procedures for chronic or acute injuries. Researchers indicated that new-age technology, which has shown promising results in small animals like rats, may be beneficial to millions of diabetic patients and help medical professionals provide better care. Clinical trials are currently underway for the treatment.
Market Taxonomy
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According to type of product:
Wound Dressings: Hydrocolloid Dressings, Foam Dressings, Collagen Dressings, Film Dressings, Alginate Dressings, Contact Layer.
Wound Therapy Devices: Negative Pressure Wound Therapy Systems, Pressure Relief Devices, Hyperbaric Oxygen Equipment, Electrical Stimulation Devices.
Active Wound Care: Topical Agents, Artificial Skin Substitutes.
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According to type of wound:
Traumatic Wounds, Surgical Wounds, Burns, Others.
Ulcers: Diabetic Foot Ulcers, Pressure Ulcers, Arterial and Venous Ulcers.
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According to End User:
Hospitals, Clinics, Ambulatory Surgical Centers, Homecare Settings, Others (Rehabilitation Center, Nursing Homes, and Community Centers).
Restraints
However, in the near future, India advanced wound care treatment market development is projected to be hampered by a shortage of doctors and nurses. The World Health Organization (WHO) estimates that India is short 600,000 doctors and 2 million nurses. In India in 2019, there was only one government doctor for every 10,189 residents. In addition, India is a middle-income nation with a large proportion of the population living in rural areas. In India, healthcare facilities are scarce in rural areas. Several remote areas have scarcity of basic healthcare facilities in India. According to a study published in July 2018 titled ‘Rural Healthcare Sector : A Problem Yet to Be Solved,’ only 11% of sub-centers, 13% of primary health centers (PHCs), and 16% of community health centers (CHCs) in rural India meet the Indian Public Health Standards (IPHS), and many health care facilities in rural India lack healthcare settings.
Regional Analysis
Due to the strong presence of manufacturing facilities and local players in the area, the West India region accounted for the largest market share in the India advanced wound care management market in 2019. Axio Biosolutions, a developer of axiostat chitosan hemostatic dressing, has a manufacturing facility in Gujarat, and Elkem South Asia Pvt Ltd. (a Bluestar company) has a manufacturing facility in Mumbai.
Moreover, due to the presence of local players such as Biotech Private Limited., Zywie Pharmaceuticals Pvt. Limited., Virchow Sangam Healthcare Products Ltd., Fibroheal Woundcare Pvt. Ltd., Pradeep Surgical Dressings Private Limited., and others in the area, the advanced wound care management market in South India is expected to expand significantly. These companies manufacture and distribute advanced wound care treatment products in the region as well as across India.
Competitive Landscape
Major companies contributing in the India advanced wound care management market include Johnson & Johnson, Convatec Group Plc, Smith & Nephew Plc, Eucare Pharmaceuticals (P) Ltd Coloplast A/S, Mil Laboratories Pvt. Ltd, Essity AB, Cologenesis Healthcare Pvt Ltd, and 3M.
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Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Global India Advanced Wound Care Management Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: India Advanced Wound Care Management Industry Impact
Chapter 2 Global India Advanced Wound Care Management Competition by Types, Applications, and Top Regions and Countries
2.1 Global India Advanced Wound Care Management (Volume and Value) by Type
2.3 Global India Advanced Wound Care Management (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global India Advanced Wound Care Management Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America India Advanced Wound Care Management Market Analysis
Chapter 6 East Asia India Advanced Wound Care Management Market Analysis
Chapter 7 Europe India Advanced Wound Care Management Market Analysis
Chapter 8 South Asia India Advanced Wound Care Management Market Analysis
Chapter 9 Southeast Asia India Advanced Wound Care Management Market Analysis
Chapter 10 Middle East India Advanced Wound Care Management Market Analysis
Chapter 11 Africa India Advanced Wound Care Management Market Analysis
Chapter 12 Oceania India Advanced Wound Care Management Market Analysis
Chapter 13 South America India Advanced Wound Care Management Market Analysis
Chapter 14 Company Profiles and Key Figures in India Advanced Wound Care Management Business
Chapter 15 Global India Advanced Wound Care Management Market Forecast (2021-2027)
Chapter 16 Conclusions
Research Methodology
Continued….
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