Platelet Therapy to register highest growth in the Wound Treatment Market through 2028
Increased demand for treatment of acute and chronic wounds is
expected to drive the growth of Global
Wound Treatment Market in the forecast period.
According to TechSci Research report, “Wound Treatment Market –Global Industry
Size, Share, Trends, Opportunity, and Forecast, 2018-2028F”, Global
Wound Treatment Market is anticipated to grow at an impressive rate in the
forecast period, 2024-2028. This can be attributed to growing need for
wound treatment due to several factors, including the aging population,
increasing rates of chronic diseases, and a rise in the number of traumatic
injuries. The aging population is particularly susceptible to chronic wounds,
such as pressure ulcers, which can result from prolonged bedrest, poor
nutrition, and other factors. Chronic wounds can be difficult to treat and can
lead to significant health complications if left untreated.
In addition,
the rise in chronic diseases such as diabetes and obesity has led to an
increase in the number of people who suffer from chronic wounds. These
conditions can lead to poor circulation, nerve damage, and other complications
that can make it difficult for wounds to heal. This, in turn, can result in
longer hospital stays, increased healthcare costs, and a decreased quality of
life for patients.
Traumatic
injuries are another significant factor driving the need for wound treatment.
Accidents and injuries can result in a range of wounds, from minor cuts and
bruises to severe lacerations and burns. Effective wound treatment is critical
for preventing infection and promoting healing and can mean the difference
between a full recovery and long-term health complications. To meet the growing
need for wound treatment, healthcare providers and researchers are continually
developing new and innovative wound care products and technologies. These may
include advanced dressings, growth factors, and stem cell therapies, among
others. New approaches to wound care are being developed all the time, as
researchers seek to find better and more effective treatments for a range of
wound types and patient populations.
However, lack
of awareness among the population regarding emerging and alternative wound
treatment methods can slow down the growth of global wound treatment market.
Also, use of surgical intervention for wounds that are severe, such as those
caused by deep cuts or burns can hamper the global wound treatment market
growth in the coming years.
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Global Wound
Treatment Market can be segmented by therapy, by wound type, by application, by
end user, and by region. Based on therapy, global wound treatment market can be
categorized instrumental based therapy, platelet therapy, cell therapy, and
wound dressings. The platelet therapy segment is expected to register the
highest growth in the global wound treatment market during the forecast period.
Platelets are small, colorless cell fragments that play a critical role in the
body's ability to form blood clots and promote wound healing. Platelets are
produced in the bone marrow and are essential for the clotting process that
stops bleeding after an injury. However, platelets also contain a wide range of
growth factors and proteins that play a key role in promoting tissue repair and
regeneration. Platelet-rich plasma (PRP) is a concentrate of platelets and
growth factors derived from a person's own blood. PRP has been used in a
variety of medical procedures, including wound healing. PRP is prepared by
collecting a sample of a patient's blood and separating the platelets and
growth factors from the other components of the blood using a centrifuge. The
resulting PRP can then be applied topically to a wound or injected into the
affected area. The high concentration of growth factors and platelets in PRP
helps to stimulate the body's natural healing process, leading to faster and
more effective wound healing.
By end user,
the global wound treatment market can be grouped into hospitals & clinics,
ambulatory surgery centers, homecare, and others. The hospitals & clinics
segment dominated the market in 2022 and will continue maintaining its
dominance through 2028 on account of increasing volume of surgical procedures
performed in hospitals.
Major companies operating in the Global Wound
Treatment Market are:
- 3M Company
- ConvaTec Group PLC
- Mölnlycke Health Care AB
- Smith & Nephew plc
- Organogenesis, Inc
- Coloplast A/S
- MiMedx Group, Inc.
- Integra LifeSciences Corporation
- Johnson & Johnson
- Medtronic Plc
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“The
growing need for wound treatment is a significant healthcare challenge, driven
by a range of factors, including an aging population, chronic diseases, and
traumatic injuries. Effective wound treatment is critical for promoting
healing, preventing infection, and minimizing complications, and healthcare
providers must continue to develop new and innovative approaches to meet this
need. With ongoing research and development, we can hope to improve wound care
outcomes and help patients to recover and regain their quality of life.” said
Mr. Karan Chechi, Research Director with TechSci Research, a research based
global management consulting firm.
Wound Treatment Market - Global Industry Size,
Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Therapy
(Instrumental Based Therapy, Platelet Therapy, Cell Therapy, Wound Dressing,
Others), By Wound Type (Subcutaneous Abdominal Wound, Traumatic & Infected
Wound, Bilateral Reduction Mammaplasty Wound, Others), By Application (Burns,
Ulcers, Cuts & Lacerations, Others), By End User (Hospitals & Clinics,
Ambulatory Surgery Centers, Homecare, Others), By Region and Competition”, has evaluated the future growth potential of Global Wound
Treatment Market and provides statistics & information on market size,
structure, and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Global Wound Treatment
Market.
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