Advanced Wound Care Management Market Continues To Expand With Convatec Group Plc Introducing Convamax, A New Superabsorber Dressing Used In The Management Of Highly Exuding Wounds

Wound Care consists of the treatment of wounds, cuts, scrapes, bruises, and any other soft tissue lesions. Most of these wounds occur in the feet and hands. Injuries in these areas are extremely painful and render the victims incapable of performing their day-to-day activities. First responders come in contact with injured parties most of the time and provide wound care. One of the key reasons behind the increased adoption of advanced wound care management is rising number of surgical procedures. With improving healthcare infrastructure and technological advancements in medical devices, the number of surgical procedures is on a massive surge. As per the Eurostat, around 1.16 million cesarean sections were performed in the EU-27 in 2018. As per the same source, in 2018, around 1,656 cataract surgeries per 100,000 individuals were performed in Latvia. As a result of this demand for adequate wound care management has increased. Thus, these factors can augment growth of the advanced wound care management market.

On the contrary, the geriatric population across the globe is increasing rapidly. Elderly people are highly vulnerable to different types of injuries and wounds that would require immediate medical assistance. Besides, they are also susceptible to diabetic ulcers, which could require advanced wound care management. Hence, these factors can potentially stimulate growth of the advanced wound care management market in the near future.

Recently, in January 2020, ConvaTec Group Plc launched ConvaMax, a new superabsorber dressing used in the management of highly exuding wounds such as leg ulcers and diabetic foot ulcers.

There are many different types of Wound Care devices that can be used to assist the patient during their wound healing process. These applications include bandages, adhesive patches, closed dressing systems, and injectable solutions. These devices are used in different scenarios to assist the patient in their recovery. Bandages are the most basic Wound Care device. They are typically used for minor wounds and skin abrasions. As far as geographical impact is concerned, Asia Pacific seems to be gaining significant traction in the advanced wound care management market. This is typically due to the fact that there is rise in the geriatric population in the region, while healthcare infrastructure is improving. On the contrary, North America is exhibiting promising signs since the healthcare infrastructure in the U.S. and Canada is well-established.

Regardless of how advantageous advanced wound care management could be, there are several factors that limit its adoption. High cost of advanced wound care management remains one of the major hurdles, while there are various risks associated with these products that can potentially impede growth of the advanced wound care management market.