Europe Advanced Wound Care Market is Estimated to Grow at A CAGR of 3.7%

Date: 2015-08-17

“The Europe Advanced Wound Care Market is estimated to grow at a CAGR of 3.7% from 2014 to 2019. Germany holds the largest share in this market, and is expected to grow at a CAGR of 2.9% in the forecast period. 

In this report, the Europe advance wound care market has been broadly classified on the basis of application, method, geography, and end-user. The application segment is divided into surgical wounds, ulcers, and other wounds, where ulcers are further segmented into diabetic foot ulcers, venous ulcers, pressure ulcers, and arterial ulcers. The method segment includes dressings and grafts, where dressings are further categorized into antimicrobial dressings, foam dressings, gauze, hydrocolloids collagen, film dressings, hydrogels, composites, alginate dressings; and grafts are further segmented into composite skin grafts and biologic grafts. Biologic grafts include autografts, allografts and xenografts. The geography segment includes Germany, U.K., Italy, France, Spain, and Rest of Europe (RoE). The end-user segment includes in-patient facilities and out-patient facilities. 

Grafts is the fastest growing segment, which is estimated to grow at the highest CAGR from 2014 to 2019. Factors like rising incidences of chronic wounds due to aging population, increasing incidences of diabetes, and a change in lifestyles are driving the growth of this market. 

The Europe advanced wound care market is a competitive market with a number of market players. As of 2014, this market is majorly dominated by Smith and Nephew, Plc. (U.K.), Molyncke Health Care (Sweden), and ConvaTec, Inc. (U.S.). 

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