Germany Wound Care Management Devices Market Set to Expand at a Stellar CAGR of 5.7% during FY 2021 2028


Posted April 22, 2022 by MarketResearch7

The Germany wound care management devices market size is projected to expand a significant CAGR of 5.7% during the forecast period, 2021–2028.
 
The Germany wound care management devices market size is projected to expand a significant CAGR of 5.7% during the forecast period, 2021–2028. The growth of the market is attributed to the growing cases of chronic diseases, ulcers, and increasing number of diabetic patients in the country.

Wound care management is an ongoing treatments with the goal to optimize the wound environment so healing progresses. Treatment is done through both direct and indirect methods, together with prevention of skin breakdown. Adequate and efficient management is determined by the wound’s size, depth, severity, and location during the care period. Average age of population in Germany in above 45 and according to World Aging Population people suffering from chronic diseases is on the rise in the country.

Wounds such as avulsion, abrasion, laceration, and puncture cause damage to healthy skin and mucous membranes. Underlying diseases such as anemia, malignancy, autoimmune disorders, and diabetes weaken healing process. This is due to impairment of angiogenesis and collagen or delayed infiltration of inflammatory cells.
It is anticipated that the number of type 2 diabetes in Germany is expected to increase by more than 75% by 2035. Wounds are of two types acute and chronic. Acute wounds are caused by trauma and due to surgeries whereas chronic injuries are attributed with diseases such as stomatitis, infection, ulceration, and poor wound healing.

Market Trends, Drivers, Restraints, and Opportunities
• Increasing cases of chronic wounds, ulcers and diabetic ulcers are anticipated drive the market growth during the forecast period.
• Rapid growth of the wound care management devices and other medical device industry are major factors propelling the market expansion in the coming years.
• High cost of medical devices and expensive treatments related to wound care management is expected to hamper the market growth.
• Lack of penetration of wound care management equipment in developing regions present as major challenge that can hamper the market expansion during the in the coming years.
• R&D investment and technological advancements in wound care management devices are anticipated to create significant opportunities for the market players.

Market Segment Insights
Dressing segment is projected to account for a market share
Based on product types, the Germany wound care management devices market is segmented into wound care devices, dressings, bandages, hydrogel bandages, suture & staples, topical agents, tissue adhesives, and sealants. The dressing segment is projected to account for a key share of the market in the coming years. This is attributed to the rising problems of ulcers and surgical wounds and the benefits of dressing during wound treatment associated to ease of use, high healing power, pain relief, and moisture retention. On the other hand, the wound care devices segment is anticipated to expand at a rapid pace during the forecast period increasing cases of primary and secondary wounds and growth of ambulatory centers.

Chronic wounds segment is expected to expand at a significant pace
Based on wound types, the Germany wound care management devices market segregated into diabetic foot ulcer, chronic wounds, arterial ulcer, acute wounds, surgical wounds, burns, arterial ulcer, and venous ulcer. Chronic wounds segment is expected to expand at a significant pace due to the growing average age of the population in the country, which is above 45 years, majority of which are susceptible to chronic diseases such as diabetics, ulcers, and cancers. Chronic wound management has seen considerable advancements which is estimated to spur the market demand in the coming years.

Hospital segment is anticipated to register a substantial CAGR
In terms of end users, Germany wound care management devices market is segmented into hospitals, home healthcare, ambulatory centers, wound care centers, clinics, and others. Hospital segment is anticipated to register a substantial CAGR. This is associated to majority of patients preferring hospitals for treatments such as ulcers, burns, surgical wounds, and others. Hospitals are perceived to be equipped with latest medical devices and better management facilities in contrast to other end users’ segments, this is a key factor expected to drive the growth during the forecast period.

Direct Tenders segment is projected to constitute a major market share
On the basis of distribution channels, the Germany wound care management devices market is segregated into retailers, wholesalers, online e commerce websites, and direct tenders. Direct Tenders segment is projected to constitute a major market share. This is attributed to majority of end users opting direct tenders as a mean to procure medical devices and equipment. Direct tenders widely distribute to various places such as hospitals, clinics, and wound care centers which is expected to spur the market expansion during the forecast period.

Compititive Landscape
Key players competing in the Germany wound care management devices market include Medtronic PLC, Smith & Nephew, Coloplast AS, 3M Company, B. Braun Melsungen AG, ConvaTec Group PLC, Integra LifeSciences Corporation, and Johnson & Johnson Services. Due to the competitive nature of the market several of these players are adopting various market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.

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Contact Email [email protected]
Issued By Growth Market Reports
Country United States
Categories Health , Medical
Tags germany , germany wound care management devices market , north america , usa , use , wound care management devices market , wound care management devices market cagr , wound care management devices market size
Last Updated April 22, 2022