Global Wound Closure and Advanced Wound Care Market Study 2015-2021 - Market leaders are Kinetic Concepts, 3M, Ethicon, Abbott Laboratories, and Smith & Nephew

Dublin, Jan. 07, 2016 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/7wv7vp/wound_closure_and) has announced the addition of the "Wound Closure and Advanced Wound Care Global Market - Forecast to 2021" report to their offering.

Wound closure is used for bringing the cut edge of the wounds together for quick and better healing with no or less scar, where as wound care products interacts with wound tissues to heal them. Currently, wound closure products are used almost in all the surgical areas as well as advanced wound care products are used largely for the treatment of chronic and acute wounds.

Rising prevalence of lifestyle diseases such as diabetes and cardiovascular and related surgeries drive the demand for sophisticated tissue sealing alternatives as well as new technology products boosts wound closure and advanced wound care market growth. In addition, increase in aging population and volume of surgeries along with government initiatives and wide range of available products likely to propel the wound care market.

Increasing prevalence of chronic wounds, optimised physical therapies, healthy growth in biological products and acquisitions related to wound closure and care to open an array of opportunities for the market to flourish are some of the opportunities that are propelling the growth of the market.

However, lack of trained physicians restraining market growth of advanced wound closure and care products, high cost of sealants and glues impeding effective penetration in low- and middle-income countries, unfavourable reimbursement policies and reluctance in adoption of new technologies are hampering the growth of the market. The threats for the wound closure and advanced wound care market include survival of small players & new entrants and decreasing R&D funding will impact on innovation.

Companies such as Kinetic Concepts, 3M, Ethicon, Abbott Laboratories, and Smith & Nephew are ahead of other companies are considered to be leaders in this space with their marketed products and strong pipelines. Kinetic Concepts and Smith & Nephew are leading in negative pressure wound therapy market while, Systagenix and Organogenesis are major players in biological products. Some of these new and small entrants are trying to work on secondary wound closure products, as most of the established players were with primary wound closure products to achieve competitive advantage.

Organogenesis (U.S.), Kerecis (Iceland), Stratatech Corporation (U.S.), Nuo therapeutics (U.S.), Ackermann Instruments (Germany), The medicine company (U.S.), Derma Sciences (U.S.), Assut Medical Sarl (Switzerland), Dolphin Sutures (India), are some of the emerging players in the wound closure and advanced wound care market.

Major players in the wound closure and advanced wound care global market Smith & Nephew (U.K.), Johnson and Johnson (U.S), Medtronic (Ireland), 3M healthcare (U.S), Kinetic Concepts (U.S.), Coloplast (Denmark), Abbott laboratories (U.S.), C.R.Bard (U.S.), Baxter International (U.S.),Cardinal Health (U.S.), Integra life science (U.S.) and B. Braun Melsungen AG (Germany).

Key Topics Covered:

1 Executive Summary

2 Introduction

3 Market Analysis

4 Wound Closure And Advanced Wound Care Market, By Product

5 Wound Closure And Advanced Wound Care Global Market, By Applications

6 Wound Closure And Advanced Wound Care Global Market, By End-Users

7 Wound Closure And Advanced Wound Care Market, By Geography

8 Company Developments

9 Company Profiles

- 3M
- Abbott Laboratories
- Acelity Ltd (Kci & Systagenix)
- Baxter International, Inc
- B. Braun Melsungen Ag
- Cardinal Health Inc.
- C.R.Bard Inc.
- Coloplast
- Integra Lifesciences Corporation
- Johnson & Johnson (Ethicon)
- Medtronic Inc
- Smith & Nephew Plc

For more information visit http://www.researchandmarkets.com/research/7wv7vp/wound_closure_and

CONTACT: Research and Markets
         Laura Wood, Senior Manager
         [email protected]

         For E.S.T Office Hours Call 1-917-300-0470
         For U.S./CAN Toll Free Call 1-800-526-8630
         For GMT Office Hours Call +353-1-416-8900

         U.S. Fax: 646-607-1907
         Fax (outside U.S.): +353-1-481-1716

         Sector: Wound Care