Coherent Market Insights released on November 11, 2021
Traditional wound care and advanced wound care products are two types of wound care management products. Traditional wound care management, in which health professionals use wound care products such as medical tapes, dressings, and bandage rolls to protect the wound from external causes and avoid bleeding and infection is more common throughout the world. Foam dressings, alginates, hydrogels, and hydrocolloids are examples of advanced wound care products that can promote natural healing without hindering the wound. These products promote wound healing by ensuring an adequate supply of oxygen, maintaining a constant temperature, and providing protection from the elements.
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During the COVID-19 pandemic, hospitals and intensive care services encountered a shortage of patients. Therefore, any operations or services deemed "non-essential" will be closed. Many hospitals also mark wound treatment as "non-essential." COVID-19 infection can lead to other infections, sepsis, amputation and even death in patients with diabetes, high blood pressure, venous insufficiency, and peripheral arterial disease. In addition, non-healing wounds that are not treated and managed due to lack of wound care products can lead to medical problems such as infections, sepsis, the need for amputation, and even death.
During the forecast period (2020-2027), India's advanced wound care management market is expected to show a compound annual growth rate of 5.5%, and the market value in 2020 is expected to be USD 227.2 million.
Due to product launches and R&D activities, India’s advanced wound care management market is expected to expand.
Due to the launch of new wound care management products in India, India’s advanced wound care management market is expected to expand significantly during the forecast period. MaxioCel is a next-generation wound care dressing made of chitosan, launched by Indian medical technology company Axio Biosolutions in New Delhi, India in February 2019. Leg ulcers, cavity wounds, skin abrasions and postoperative surgical wounds should be relieved and healed faster with this drug.
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In addition, a number of academic and research institutions have participated in research and development, which is expected to drive the growth of India’s advanced wound care treatment market during the forecast period. The Biomedical Engineering Department of the Indian Institute of Technology (IIT) Ropar collaborated with Ohio State University to create a possible targeted therapy technology that can support diabetics undergoing surgery for chronic or acute injuries. Researchers say that new-age technology that has shown promising results in small animals such as mice may benefit millions of diabetic patients and help medical professionals provide better care. Clinical trials of treatment are currently underway.
Classified by product type:
Wound dressing: hydrocolloid dressing, foam dressing, collagen dressing, film dressing, alginate dressing, contact layer.
Wound treatment equipment: negative pressure wound treatment system, decompression equipment, hyperbaric oxygen equipment, electrical stimulation equipment.
Active wound care: topical preparations, artificial skin substitutes.
According to the type of wound:
Injuries, surgical wounds, burns, etc.
Ulcers: Diabetic foot ulcers, pressure ulcers, arterial and venous ulcers.
Hospitals, clinics, outpatient surgery centers, home care facilities, and others (rehabilitation centers, nursing homes, and community centers).
However, in the near future, the development of India’s advanced wound care treatment market is expected to be hindered by a shortage of doctors and nurses. The World Health Organization (WHO) estimates that India is short of 600,000 doctors and 2 million nurses. In India in 2019, there was only one government doctor for every 10,189 residents. In addition, India is a middle-income country, with a large part of the population living in rural areas. In India, health care facilities in rural areas are scarce. Several remote areas of India lack basic healthcare facilities. According to a study titled "Rural Health Care Sector: Unsolved Issues" published in July 2018, only 11% of sub-centers, 13% of primary health centers (PHC) and 16% of community health centers (CHC) Rural areas in India meet the Indian Public Health Standards (IPHS), and many health care institutions in rural India lack medical care facilities.
Due to strong manufacturing facilities and local players in the region, the West India region accounted for the largest market share of India's advanced wound care management market in 2019. Axio Biosolutions, the developer of axiostat chitosan hemostatic dressings, has a manufacturing plant in Gujarat, and Elken South Asia Sdn Bhd (Bluestar) has a manufacturing plant in Mumbai.
In addition, due to the presence of local players such as Biotech Private Limited., Zywie Pharmaceuticals Pvt. Limited., Virchow Sangam Healthcare Products Ltd., Fibroheal Woundcare Pvt. Ltd., Pradeep Surgical Dressings Private Limited and other companies in the region, South India The advanced wound care management market is expected to expand significantly. These companies manufacture and distribute advanced wound care products in the region and throughout India.
Major companies contributing to the advanced wound care management market in India include Johnson & Johnson, Convatec Group Plc, Smith & Nephew Plc, Eucare Pharmaceuticals (P) Ltd Coloplast A/S, Mil Laboratories Pvt. Ltd, Essity AB, Cologenesis Healthcare Pvt Ltd and 3M.
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Chapter 1 Industry Overview 1.1 Definition 1.2 Hypothesis 1.3 Research Scope 1.4 Market Analysis by Region 1.5 Analysis of the Global Indian Advanced Wound Care Management Market Size from 2021 to 2027 11.6 COVID-19 Outbreak: Impact of the Indian Advanced Wound Care Management Industry
Chapter 2 Global Indian Advanced Wound Care Management Competition by Type, Application, and Top Regions and Countries 2.1 Global Indian Advanced Wound Care Management by Type (Quantity and Value) 2.3 Global Indian Advanced Wound Care Management by Region (Quantity) And value)
Chapter 3 Production Market Analysis 3.1 Global Production Market Analysis 3.2 Regional Production Market Analysis
Chapter 4 Global Indian Advanced Wound Care Management Sales, Consumption, Export, Import (2016-2021) Chapter 5 North America India Advanced Wound Care Management Market Analysis Chapter 6 East Asia India Advanced Wound Care Management Market Analysis Chapter 7 Europe India Advanced Wound Care Management Market Analysis Chapter 8 South Asia India Advanced Wound Care Management Market Analysis Chapter 9 Southeast Asia India Advanced Wound Care Management Market Analysis Chapter 10 Middle East India Advanced Wound Care Management Market Analysis Chapter 11 Africa India Advanced Wound Care Management Market Analysis Chapter 9 Chapter 12 Oceania India Advanced Wound Care Management Market Analysis Chapter 13 South America India Advanced Wound Care Management Market Analysis Chapter 14 Indian Advanced Wound Care Management Business Company Profile and Key Data Chapter 15 Global Indian Advanced Wound Care Management Market Forecast (2021 -2027) Chapter 16 Conclusion Research methodology continues...
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