The Germany advanced wound care management market is predicted to grow with a CAGR of 12.52% during the forecasted period. The market growth is predominantly attributed to the increased number of amputations due to trauma and skin diseases, the surging prevalence of chronic conditions like diabetes, and significant improvements in treatment processes. While the base year considered for the market study is 2020, the estimated years are from 2021 to 2026.
GERMANY ADVANCED WOUND CARE MANAGEMENT MARKET FORECAST 2021-2026
Germany Advanced Wound Care Management Market by Product (Therapy Devices, Exudate Management, Infection Management, Active Wound Care) Market by Application (Chronic Wounds, Acute Wounds) Market by End-user (Hospitals, Community Health Service Centers)
The Germany advanced wound care management market is predicted to grow with a CAGR of 12.52% during the forecasted period. The market growth is predominantly attributed to the increased number of amputations due to trauma and skin diseases, the surging prevalence of chronic conditions like diabetes, and significant improvements in treatment processes. While the base year considered for the market study is 2020, the estimated years are from 2021 to 2026.
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As per the National Center for Biotechnology Information (NCBI), the approximate number of amputations in Germany increased from 55,689 to 57,837, annually between 2005 to 2016. The primary diagnosis was neoplasia, trauma, and skin conditions. However, major amputations observed in patients with diabetes as the primary diagnosis reduced from over 70% to 62.7%. On the other hand, while major amputation rates plummeted by more than 30%, minor amputation rates increased by 25.5%.
One of the chief reasons attributed to the declining amputations includes the early detection and implementation of advanced wound care management. The abovementioned improvements, especially in terms of the treatment process, play a vital role in bolstering the need for advanced wound care management in Germany. Hence, these factors are set to propel the market growth of the country over the forecasting period.
B Braun Melsungen AG, headquartered in Germany, is among the leading manufacturers and distributors of healthcare solutions globally. Every service provided by the company integrates the entirety of its knowledge and expertise, the extensive proficiency since 1839, and the firm’s in-depth understanding of consumer needs. With a continually expanding product portfolio, it delivers effective medical care solutions and majorly contributes to medical advancements.
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- COUNTRY SNAPSHOT
- COUNTRY ANALYSIS
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY ANALYTICS
- IMPACT OF COVID-19 ON ADVANCED WOUND CARE MANAGEMENT MARKET
- KEY MARKET TRENDS
- PORTER’S FIVE FORCES ANALYSIS
- BUYERS POWER
- SUPPLIERS POWER
- SUBSTITUTION
- NEW ENTRY
- INDUSTRY RIVALRY
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- MARKET BY PRODUCT
- THERAPY DEVICES
- EXUDATE MANAGEMENT
- INFECTION MANAGEMENT
- ACTIVE WOUND CARE
- MARKET BY APPLICATION
- CHRONIC WOUNDS
- ACUTE WOUNDS
- MARKET BY END-USER
- HOSPITALS
- COMMUNITY HEALTH SERVICE CENTERS
- COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- MERGERS & ACQUISITIONS
- PRODUCT LAUNCHES & DEVELOPMENTS
- PARTNERSHIPS, CONTRACTS/AGREEMENTS & COLLABORATIONS
- BUSINESS EXPANSIONS/ APPROVALS/ ANNOUNCEMENTS
- COMPANY PROFILES
- 3M COMPANY
- HARTMANN GROUP
- JOHNSON & JOHNSON (ETHICON INC)
- MEDTRONIC PLC
- MOLNLYCKE HEALTH CARE AB
- SMITH & NEPHEW
- KEY STRATEGIC DEVELOPMENTS
TABLE LIST
TABLE 1: MARKET SNAPSHOT – ADVANCED WOUND CARE MANAGEMENT
TABLE 2: GERMANY ADVANCED WOUND CARE MANAGEMENT MARKET, BY PRODUCT, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 3: GERMANY ADVANCED WOUND CARE MANAGEMENT MARKET, BY PRODUCT, FORECAST YEARS, 2021-2026 (IN $ MILLION)
TABLE 4: GERMANY ADVANCED WOUND CARE MANAGEMENT MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 5: GERMANY ADVANCED WOUND CARE MANAGEMENT MARKET, BY APPLICATION, FORECAST YEARS, 2021-2026 (IN $ MILLION)
TABLE 6: GERMANY ADVANCED WOUND CARE MANAGEMENT MARKET, BY END-USER, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 7: GERMANY ADVANCED WOUND CARE MANAGEMENT MARKET, BY END-USER, FORECAST YEARS, 2021-2026 (IN $ MILLION)
TABLE 8: LIST OF MERGERS & ACQUISITIONS
TABLE 9: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 10: LIST OF PARTNERSHIPS, CONTRACTS/AGREEMENTS & COLLABORATIONS
TABLE 11: LIST OF BUSINESS EXPANSIONS/ APPROVALS/ ANNOUNCEMENTS
FIGURE LIST
FIGURE 1: PORTER’S FIVE FORCES ANALYSIS
FIGURE 2: OPPORTUNITY MATRIX
FIGURE 3: VENDOR LANDSCAPE
FIGURE 4: KEY MARKET TRENDS
FIGURE 5: GERMANY ADVANCED WOUND CARE MANAGEMENT MARKET, BY PRODUCT, IN 2020
FIGURE 6: GERMANY ADVANCED WOUND CARE MANAGEMENT MARKET, BY THERAPY DEVICES, 2021-2026 (IN $ MILLION)
FIGURE 7: GERMANY ADVANCED WOUND CARE MANAGEMENT MARKET, BY EXUDATE MANAGEMENT, 2021-2026 (IN $ MILLION)
FIGURE 8: GERMANY ADVANCED WOUND CARE MANAGEMENT MARKET, BY INFECTION MANAGEMENT, 2021-2026 (IN $ MILLION)
FIGURE 9: GERMANY ADVANCED WOUND CARE MANAGEMENT MARKET, BY ACTIVE WOUND CARE, 2021-2026 (IN $ MILLION)
FIGURE 10: GERMANY ADVANCED WOUND CARE MANAGEMENT MARKET, BY APPLICATION, IN 2020
FIGURE 11: GERMANY ADVANCED WOUND CARE MANAGEMENT MARKET, BY CHRONIC WOUNDS, 2021-2026 (IN $ MILLION)
FIGURE 12: GERMANY ADVANCED WOUND CARE MANAGEMENT MARKET, BY ACUTE WOUNDS, 2021-2026 (IN $ MILLION)
FIGURE 13: GERMANY ADVANCED WOUND CARE MANAGEMENT MARKET, BY END-USER, IN 2020
FIGURE 14: GERMANY ADVANCED WOUND CARE MANAGEMENT MARKET, BY HOSPITALS, 2021-2026 (IN $ MILLION)
FIGURE 15: GERMANY ADVANCED WOUND CARE MANAGEMENT MARKET, BY COMMUNITY HEALTH SERVICE CENTERS, 2021-2026 (IN $ MILLION)
- MARKET BY PRODUCT
- THERAPY DEVICES
- EXUDATE MANAGEMENT
- INFECTION MANAGEMENT
- ACTIVE WOUND CARE
- MARKET BY APPLICATION
- CHRONIC WOUNDS
- ACUTE WOUNDS
- MARKET BY END-USER
- HOSPITALS
- COMMUNITY HEALTH SERVICE CENTERS
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