medmarket

Patrick Driscoll is the founder of MedMarket Diligence, a leading source of data and insight about and for medtech markets

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Interactive Wound Care Products to 2026

Interactive Wound Care Products to 2026

Interactive wound care products are biocompatible products that are intended to actively promote wound healing by interacting either directly or indirectly with wound tissues. They help create and maintain a moist environment for healing. These dressings may also reduce the bio-burden, improve wound bed moisture retention, remove cellular products or provide improved protection for the…

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There is no average wound market.

There is no average wound market.

The “average” wound market does not exist. A remarkable variety of factors influence differences between markets globally.

We compare the distributions of different wound product sales in different countries, resulting from greater or lesser demand drivers within each. For example, you can see the general, common distribution of products sold in Japan or in the Rest of EU segment (e.g., dominance…

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Wound Management Forecast 2016 to 2026

The global annual market for products used in wound management is currently a behemoth of $20.2 billion. The wound management forecast to 2026 shows the global market hitting $38 billion as it grows in response to strong wound care demand.

The market is driven by inescapable demographics — an aging population, with dramatically increasing prevalence of obesity and diabetes leading to growth in…

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Traditional and Advanced Wound Product Types

Wound product types described.

Wound management technologies have been under development for hundreds of years. The current state of product and technology development is now largely represented by thirteen different product categories, described below with their specific typical applications ((Specific companies and products are detailed in “Wound Management to 2026”, report S254)).

Wound Management Product Types Described

[t…

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Billions in global wound care sales, yet chronic wounds still a chronic problem

Healthcare systems move billions in global wound care sales, yet chronic wounds still are a chronic problem. Despite the legion of products developed for wound care, from dressings to bioengineered skin, the obesity- and age-driven increase in chronic slow-healing and non-healing wounds plague healthcare systems globally. Results according to MedMarket Diligence’s biennial, 2018 Wound Management…

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Billions in global wound care sales, yet chronic wounds still a chronic problem

Billions in global wound care sales, yet chronic wounds still chronic problem, MedMarket Diligence, LLC

Healthcare systems move billions in global wound care sales, yet chronic wounds still are a chronic problem. Despite the legion of products developed for wound care, from dressings to bioengineered skin, the obesity- and age-driven increase in chronic slow-healing and non-healing wounds plague healthcare systems globally. Results according to MedMarket Diligence’s biennial, 2018 Wound Management…

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So many ways a wound can be treated and their use varies widely around the world. https://mediligence.com, https://blog.mediligence.com

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The Human Burden of Wound Care

The Human Burden and Opportunity in Wound Care

Prevalence by wound type, 2016-2026

To the person with a chronic wound, the condition represents pain, social and psychological debilitation and usually a financial load. To society, wound care—and especially the treatment of difficult-to-heal wounds—may represent great human suffering, social discomfort, days lost from work, mental health problems, recurrent infections and great economic burden…

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The Physiology of Wound Healing

See also, “Factors Affecting Wound Healing.”

Anatomy of human skin

When body tissue is damaged by trauma, surgery, hypoxia, or other destructive processes, it quickly reacts to protect itself and begin the process of healing. Clean surgical wounds closed by primary intention heal rapidly and do not usually require additional medical intervention and support. Chronic wounds and those left to heal…

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Global wound care market segmentation best done one country at a time

This month, MedMarket Diligence is publishing its biennial analysis and report on the global wound care market, “Worldwide Wound Management, Forecast to 2026: Established and Emerging Products, Technologies and Markets in the Americas, Europe, Asia/Pacific and Rest of World.” Details.

Markets for medical technologies work according to the forces in play where products exist. There is no “global…

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Global Wound Prevalence Forecast by Type, 2016-2026

The clinical driver of sales in wound care is the prevalence of different wound types and the associated cost to manage them. While surgical wounds made by primary intent as part of surgical procedures (e.g., excision of skin lesion, appendectomy, coronary artery bypass graft, etc.) represent the biggest source of wounds, the biggest focus on reining in costs in medtech is slow-healing, chronic…

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Global Wound Prevalence Forecast by Type, 2016-2026

Global wound prevalence trends

The clinical driver of sales in wound care is the prevalence of different wound types and the associated cost to manage them. While surgical wounds made by primary intent as part of surgical procedures (e.g., excision of skin lesion, appendectomy, coronary artery bypass graft, etc.) represent the biggest source of wounds, the biggest focus on reining in costs in medtech is slow-healing, chronic…

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Factors Affecting Wound Healing... (more)

In addition to the factors we detailed in a past post, we show here a number of frameworks used by clinicians to properly assess the condition of wounds and the wound healing process, providing a systematic way to optimize wound healing. “DIMES”, “TIME” and “DIDNT HEAL” “DIMES” focuses on providing an efficient use of resources in the management of chronic wounds. The DIMES Acronym for Treatment…

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Bioengineered Skin and Skin Substitutes, Sales and Growth, 2017 to 2026

Bioengineered Skin and Skin Substitutes, Sales and Growth, 2017 to 2026

The use of bioengineered skin and skin substitutes in the treatment of wound is on a growth curve. Currently, the highest sales of these products in wound management occurs in the United States, where sales are in excess of $700 million annually already and growth in sales of these products is projected at or near 10% annually through 2026.

While China “only” has sales of just over $200 million…

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Wound Care Market Shares Worldwide

Analyzing data from Report #S254 ,”Wound Management to 2026″, we present the distribution of top competitor’s sales in each segment in 2017. Smith & Nephew, Johnson & Johnson, and 3M dominate the global wound management, with varying dominance between them — or by other companies — in each segment.

Source: MedMarket Diligence, LLC; Report #s254. (Publishing March 2018)

S&N leads the global…

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China, USA, and Japan Wound Markets

The distribution of sales of different wound management products naturally varies from one country to the next based on pricing, reimbursement, local clinical practice trends, cultural characteristics, and any number of other drivers. The net effect is different distributions.

The goal for wound market players in gauging opportunities is knowing where things are going.

In the global aggregate,…

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Wound Care Shares: Traditional/Advanced Products, Fragmented/Dominated

Traditional wound care products (gauze, non-adherents, and adhesive dressings) encompass low innovation, commodity-like pricing and ultimately different sets of competitors than advanced wound care products.

Below illustrates the global market shares of wound care sales in traditional versus advanced  products. JNJ and S&N have swapped positions in the traditional versus advanced wound markets.

S…

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