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Asia Pacific Advanced Wound Dressings Market to Hit USD 1,644.8 Million by 2027

November 14th, 2022 Fortune Business Insights Releases

The Asia Pacific advanced wound dressings market size is projected to reach USD 1,644.8 million by 2027 owing to the increasing population of diabetic patients in the region, states Fortune Business Insights™ in its report, titled “Asia Pacific Advanced Wound Dressings Market, 2020-2027”. The report further states that the global market value was USD 1,051.2 million in 2019 and the market is expected to register a CAGR of 6.2% from 2020 to 2027.

Get Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/sample/asia-pacific-advanced-wound-dressings-market-105031

Asia Pacific Advanced Wound Dressings Market Report Scope & Segmentation :

Report Coverage Details
Forecast Period 2020 to 2027
Forecast Period 2020 to 2027 CAGR 6.2%
2027 Value Projection USD 1644.8 Million
Base Year 2019
Market Size in 2020 USD 1081.6 Million
Historical Data for 2016 to 2019
No. of Pages 90

Mölnlycke Partners with Zuellig Pharma to Offer Advanced Wound Care Solutions

In July 2019, Mölnlycke joined hands with Zuellig Pharma in order to offer advanced wound care solutions in the Southeast Asia region. The services will be primarily provided to patients and health practitioners. The partnership will help Zuellig leverage Mölnlycke’s extensive experience in medical and sales management and the marketing of its portfolio. On the other hand, Mölnlycke will benefit from the extensive network established by Zuellig Pharma, which will allow better access to the communities across Asia.

Increasing Population of Diabetic Patients to Drive Growth

Chronic diseases, such as cancer, arthritis, and diabetes, could sometimes result in long-term or acute wounds, putting huge social and financial burden on the patient. Rise in the prevalence of such diseases in the Asian countries is anticipated to increase the probability of chronic or acute wounds, which in turn, is estimated to drive the Asia advanced wound dressings market growth. For instance, according to the International Diabetes Federation, Asia Pacific is home to over 60% of the total diabetic patients worldwide.

Click here to get the short-term and long-term impact of COVID-19 on this Market.

Please visit: https://www.fortunebusinessinsights.com/asia-pacific-advanced-wound-dressings-market-105031

Rapidly Increasing Diabetic Population to Boost Demand in China

China is set to be the leader in the Asia Pacific advanced wound dressings market during the forecast period. The major factor accelerating the country’s demand for advanced wound dressings is the rapidly increasing population of diabetic patients in the country. For instance, in 2019, the country recorded the highest number of diabetic cases in the world with nearly 116 million active cases.

The evident presence of prominent enterprises such as BSN Medical is helping the market in India to grow significantly. Besides, increasing government spending in the healthcare sector is estimated to strengthen the demand for wound dressings.

Mergers and Acquisitions to Help Key Players Enhance their Portfolios

Key players operating in the Asia Pacific advanced wound dressings market are embarking on mergers and acquisitions. This will help them enhance their product portfolio. For instance, in October 2019 – 3M acquired Acelity L.P. Inc., San Antonio, Texas, KCI, one of its subsidiaries and a leading global medical technology company. The partnership will help 3M offer advanced wound care and specialty surgical applications to its customers.

Speak To Our Analyst: 

https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/asia-pacific-advanced-wound-dressings-market-105031

Industry Development:

In April 2017, Essity India, a pioneer in health and hygiene, announced the acquisition of BSN medical India. With the help of this partnership, the company is focusing on gaining a larger share of the medical and healthcare solutions market.

List of Key Players Profiled in this Market Report:

  • Medline Industries, Inc. (Northfield, U.S.)
  • Mölnlycke Health Care AB (Gothenburg, Sweden)
  • Coloplast A/S (Humlebaek, Denmark)
  • 3M (Maplewood, U.S.)
  • Smith & Nephew (London, U.K.)
  • ConvaTec Group PLC (Reading, U.K.)
  • BSN medical (Essity) (Hamburg, Germany)
  • Cardinal Health (Dublin, U.S.)
  • Chinmed (Ningbo, China)

Quick Buy : https://www.fortunebusinessinsights.com/checkout-page/105031

Table Of Contents :

  • Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  • Key Insights
    • Prevalence of Key Indications, in Key Countries, 2019
    • Economic Cost Burden of Chronic Wounds, in Key Countries
    • Product Mapping by Key Players
    • Pricing Analysis, for Key Brands/ Key Players in Key Countries
    • Impact of COVID-19 on the Asia Advanced Wound Dressings Market
    • Key Industry Developments (Mergers, Acquisitions, etc.)
  • Asia Pacific Advanced Wound Dressings Market Analysis, Insights and Forecast, 2016-2027
    • Key Findings / Summary
    • Market Analysis, Insights and Forecast – By Type
      • Alginate Dressings
      • Hydrogel Dressings
      • Collagen Dressings
      • Film Dressings
      • Hydrocolloid Dressings
      • Antimicrobial Dressings
      • Foam Dressings
      • Others
    • Market Analysis, Insights and Forecast – By End-User
      • Hospitals
      • Clinics
      • Homecare Settings
    • Market Analysis, Insights and Forecast – By Country/ sub-region
      • China
      • Japan
      • India
      • Australia
      • Taiwan
      • Indonesia
      • Others
  • Competitive Analysis
  • Asia Pacific Market Share Analysis (2019)
  • Company Profiles (Overview, Products & Services, SWOT Analysis, Recent Developments, Strategies, Financials (Based On Availability))
      • Medline Industries, Inc.
      • Mölnlycke Health Care AB
      • Coloplast Corp
      • 3M
      • Smith & Nephew
      • ConvaTec Group plc
      • BSN medical (Essity)
      • Cardinal Health
      • Chinmed

Toc Continue…

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About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

US :+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

Email: sales@fortunebusinessinsights.com

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