The Asia Pacific bioactive wound management market is expected to reach US$ 371.34 million by 2027 from US$ 676.54 million in 2019; it is estimated to grow at a CAGR of 7.9% from 2020 to 2027.
The key factors driving the bioactive wound management market aregrowing prevalence of wounds and ulcers and increasing healthcare expenditure in Asia Pacific. However, high cost associated with wound care management is the major factor hindering the market growth in Asia Pacific.
The wound dressing made by using biomaterials is known as bioactive wound care dressings. These wounds dressings use materials that are designed to be in direct contact with the injury and prevent the chances of further infection. These dressing materials are made up of both synthetics as well as natural polymers. The rise in diabetes cases and skin injuries due to burns are expected to fuel the growth of the Asia Pacific bioactive wound management market during the forecast period.
Rising diabetes-associated risks such as diabetic foot ulcers and pressure sores are increasing the demand for bioactive wound care products. Additionally, factors such as antimicrobial resistance, adoption of unhealthy lifestyles, alcohol consumption, and smoking contribute to the rise in the prevalence of non-communicable diseases. As per the International Diabetes Federation (IDF), about 7.3 million people are diagnosed with diabetes in Japan, with a prevalence rate of 7.9%. In China about 116.4 million people are diagnosed with diabetes with a prevalence rate of 10.9%. Moreover, diabetic patients who undergo certain procedures may get surgical wounds. These procedures may cause certain injury in patient in which bioactive wound care products plays an important role in healing such wounds. Bioactive wound management products allow rapid healing of surgical site infection; the rising number of surgical procedures is anticipated to surge the demand for bioactive wound care products in the near future.
The outbreak of the COVID-19 pandemic has affected various Asian countries such as India, South Korea, Australia, Malaysia, and Singapore. The countries have reported maximum deaths and laboratory diagnosed positive patients. The major focus has been shifted to treat COVID-19 affected patients and the production of personal equipment products. On the other hand, Asian countries have a maximum number of burn cases. Countries such as India, Nepal, and Pakistan have ~1 million cases for burn wounds. Therefore, the outbreak of the COVID-19 pandemic is estimated to negatively impact the bioactive wound management market.
Rest of Asia PacificBioactive wound management Market,Revenue and Forecast to 2027 (US$ Mn)
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Asia Pacific Bioactive Wound Management Market Segmentation
By Product
- Alginates
- Collagen-based Dressing
- Antimicrobial Dressings
- Bioengineered Skin Substitutes
- Hydrocolloids
By Application
- Burn Wounds
- Surgical Wounds
- Pressure Ulcers
- Diabetic Foot Ulcers
- Venous Leg Ulcers
By End User
- Hospitals and Clinics
- Ambulatory Surgical Centers
- Others
By Country
- China
- Japan
- India
- South Korea
- Australia
Company Profiles
- Smith & Nephew
- Hartman Group
- Integra Life Sciences Corporation
- Coloplast Group
- ConvaTec Group Plc
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product, Application, End User ], and Country
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, China, Japan, South Korea
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Asia Pacific Bioactive Wound Management Market – By Product
1.3.2 Asia Pacific Bioactive Wound Management Market – By Application
1.3.3 Asia Pacific Bioactive wound management Market– By End User
1.3.4 Asia Pacific Bioactive Wound Management Market – By Country
2. Asia Pacific Bioactive Wound Management Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Bioactive Wound Management Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Bioactive wound management Market - Asia Pacific PEST Analysis
4.3 Expert Opinion
5. Asia Pacific Bioactive Wound Management Market - Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Growing Prevalence of Wounds and Ulcers
5.1.2 Increasing HealthCare Expenditure in Asia Pacific
5.2 Key Market Restraints
5.2.1 High Cost Associated with Wound Care Management
5.3 Key Market Opportunities
5.3.1 Government Initiatives in Research and Development of Healthcare Sector
5.4 Future Trends
5.4.1 3D Printing in Wound Care Management
5.5 Impact Analysis
6. Bioactive Wound Management Market – Asia Pacific Analysis
6.1 Asia Pacific Bioactive Wound Management Market Revenue Forecasts and Analysis
7. Asia Pacific Bioactive wound management Market Analysis and Forecasts To 2027 – By Product
7.1 Overview
7.2 Asia Pacific Bioactive Wound Management Market, By Product 2019 & 2027 (%)
7.2.1 Asia Pacific Bioactive Wound Management Market Revenue and Forecasts to 2027, By Product (US$ Mn)
7.3 Alginates
7.3.1 Overview
7.3.2 Asia Pacific Alginates Market Revenue and Forecast to 2027 (US$ Mn)
7.4 Collagen-based Dressing
7.4.1 Overview
7.4.2 Asia Pacific Collagen-based Dressing Market Revenue and Forecasts to 2027 (US$ Mn)
7.5 Antimicrobial Dressings
7.5.1 Overview
7.5.2 Asia Pacific Antimicrobial Dressings Market Revenue and Forecast to 2027 (US$ Mn)
7.6 Bioengineered Skin Substitutes
7.6.1 Overview
7.6.2 Asia Pacific Bioengineered Skin Substitutes Market Revenue and Forecast to 2027 (US$ Mn)
7.7 Hydrocolloids
7.7.1 Overview
7.7.2 Asia Pacific Hydrocolloids Market Revenue and Forecast to 2027 (US$ Mn)
8. Asia Pacific Bioactive wound management Market Analysis and Forecasts To 2027 – By Application
8.1 Overview
8.2 Asia Pacific Bioactive Wound Management Market, By Application 2019 & 2027 (%)
8.2.1 Asia Pacific Bioactive Wound Management Market Revenue and Forecasts to 2027, By Application (US$ Mn)
8.3 Pressure Ulcers
8.3.1 Overview
8.3.2 Asia Pacific Pressure Ulcers Market Revenue and Forecast to 2027 (US$ Mn)
8.4 Diabetic Foot Ulcers
8.4.1 Overview
8.4.2 Asia Pacific Diabetic Foot Ulcers Market Revenue and Forecasts to 2027 (US$ Mn)
8.5 Venous Leg Ulcers
8.5.1 Overview
8.5.2 Asia Pacific Venous Leg Ulcers Market Revenue and Forecast to 2027 (US$ Mn)
8.6 Burn Wounds
8.6.1 Overview
8.6.2 Asia Pacific Burn Wounds Market Revenue and Forecast to 2027 (US$ Mn)
8.7 Surgical Wounds
8.7.1 Overview
8.7.2 Asia Pacific Surgical Wounds Market Revenue and Forecast to 2027 (US$ Mn)
9. Asia Pacific Bioactive wound management Market Analysis – By End-User
9.1 Overview
9.2 Asia Pacific Bioactive wound management Market, By End-User 2019-2027 (%)
9.2.1 Asia Pacific Bioactive wound management Market Revenue and Forecasts to 2027, By End-User (US$ Mn)
9.3 Hospitals and Clinics
9.3.1 Overview
9.3.2 Asia Pacific Hospitals and Clinics Market Revenue and Forecasts to 2027 (US$ Mn)
9.4 Ambulatory Surgical Centers
9.4.1 Overview
9.4.2 Asia Pacific Ambulatory Surgical Centers Market Revenue and Forecasts to 2027 (US$ Mn)
9.5 Others
9.5.1 Overview
9.5.2 Asia Pacific Others Market Revenue and Forecasts to 2027 (US$ Mn)
10. Bioactive Wound Management Market Revenue and Forecasts To 2027 – Geographical Analysis
10.1 Asia Pacific Bioactive Wound Management Market Revenue and Forecasts To 2027
10.1.1 Overview
10.1.2 Asia Pacific: Bioactive Wound Management Market – Revenue and Forecast to 2027 (USD Millions)
10.1.3 Asia Pacific: Bioactive Wound Management Market, by Product, 2018-2027 (USD Millions)
10.1.4 Asia Pacific: Bioactive Wound Management Market, by Application, 2018-2027 (USD Millions)
10.1.5 Asia Pacific: Bioactive Wound Management Market, by End User, 2018-2027 (USD Millions)
10.1.6 Asia Pacific: Bioactive Wound Management Market, by Country, 2019 & 2027 (%)
10.1.7 China: Bioactive Wound Management Market
10.1.7.1 China: Bioactive Wound Management Market – Revenue and Forecast to 2027 (USD Millions)
10.1.7.1.1 China: Bioactive Wound Management Market, by Product, 2018-2027 (USD Millions)
10.1.7.1.2 China: Bioactive Wound Management Market, by Application, 2018-2027 (USD Millions)
10.1.7.1.3 China: Bioactive Wound Management Market, by End User, 2018-2027 (USD Millions)
10.1.8 Japan: Bioactive Wound Management Market
10.1.8.1 Japan: Bioactive Wound Management Market – Revenue and Forecast to 2027 (USD Millions)
10.1.8.1.1 Japan: Bioactive Wound Management Market, by Product, 2018-2027 (USD Millions)
10.1.8.1.2 Japan: Bioactive Wound Management Market, by Application, 2018-2027 (USD Millions)
10.1.8.1.3 Japan: Bioactive Wound Management Market, by End User, 2018-2027 (USD Millions)
10.1.9 India: Bioactive Wound Management Market
10.1.9.1 India: Bioactive Wound Management Market – Revenue and Forecast to 2027 (USD Millions)
10.1.9.1.1 India: Bioactive Wound Management Market, by Product, 2018-2027 (USD Millions)
10.1.9.1.2 India: Bioactive Wound Management Market, by Application, 2018-2027 (USD Millions)
10.1.9.1.3 India: Bioactive Wound Management Market, by End User, 2018-2027 (USD Millions)
10.1.10 South Korea: Bioactive Wound Management Market
10.1.10.1 South Korea: Bioactive Wound Management Market – Revenue and Forecast to 2027 (USD Millions)
10.1.10.1.1 South Korea: Bioactive Wound Management Market, by Product, 2018-2027 (USD Millions)
10.1.10.1.2 South Korea: Bioactive Wound Management Market, by Application, 2018-2027 (USD Millions)
10.1.10.1.3 South Korea: Bioactive Wound Management Market, by End User, 2018-2027 (USD Millions)
10.1.11 Australia: Bioactive Wound Management Market
10.1.11.1 Australia: Bioactive Wound Management Market – Revenue and Forecast to 2027 (USD Millions)
10.1.11.1.1 Australia: Bioactive Wound Management Market, by Product, 2018-2027 (USD Millions)
10.1.11.1.2 Australia: Bioactive Wound Management Market, by Application, 2018-2027 (USD Millions)
10.1.11.1.3 Australia: Bioactive Wound Management Market, by End User, 2018-2027 (USD Millions)
11. Impact Of COVID-19 Pandemic on Asia Pacific Bioactive wound management Market
11.1 Asia Pacific: Impact Assessment of COVID-19 Pandemic
12. COMPANY PROFILES
12.1 ConvaTec Group Plc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Coloplast Group
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Integra Life Sciences Corporation
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Hartman Group
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Smith & Nephew
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
13. Appendix
13.1 About the Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Asia Pacific Bioactive Wound Management Market Revenue and Forecasts To 2027, By Product (US$ Mn)
Table 2. Asia Pacific Bioactive Wound Management Market Revenue and Forecasts To 2027, By Application (US$ Mn)
Table 3. Asia Pacific Bioactive wound management Market Revenue and Forecasts To 2027, By End-User (US$ Mn)
Table 4. Asia Pacific Bioactive Wound Management Market, by Product – Revenue and Forecast to 2027 (USD Millions)
Table 5. Asia Pacific Bioactive Wound Management Market, by Application – Revenue and Forecast to 2027 (USD Millions)
Table 6. Asia Pacific Bioactive Wound Management Market, by End User – Revenue and Forecast to 2027 (USD Millions)
Table 7. China Bioactive Wound Management Market, by Product – Revenue and Forecast to 2027 (USD Millions)
Table 8. China Bioactive Wound Management Market, by Application – Revenue and Forecast to 2027 (USD Millions)
Table 9. China Bioactive Wound Management Market, by End User – Revenue and Forecast to 2027 (USD Millions)
Table 10. Japan Bioactive Wound Management Market, by Product – Revenue and Forecast to 2027 (USD Millions)
Table 11. Japan Bioactive Wound Management Market, by Application – Revenue and Forecast to 2027 (USD Millions)
Table 12. Japan Bioactive Wound Management Market, by End User – Revenue and Forecast to 2027 (USD Millions)
Table 13. India Bioactive Wound Management Market, by Product – Revenue and Forecast to 2027 (USD Millions)
Table 14. India Bioactive Wound Management Market, by Application – Revenue and Forecast to 2027 (USD Millions)
Table 15. India Bioactive Wound Management Market, by End User – Revenue and Forecast to 2027 (USD Millions)
Table 16. South Korea Bioactive Wound Management Market, by Product – Revenue and Forecast to 2027 (USD Millions)
Table 17. South Korea Bioactive Wound Management Market, by Application – Revenue and Forecast to 2027 (USD Millions)
Table 18. South Korea Bioactive Wound Management Market, by End User – Revenue and Forecast to 2027 (USD Millions)
Table 19. Australia Bioactive Wound Management Market, by Product – Revenue and Forecast to 2027 (USD Millions)
Table 20. Australia Bioactive Wound Management Market, by Application – Revenue and Forecast to 2027 (USD Millions)
Table 21. Australia Bioactive Wound Management Market, by End User – Revenue and Forecast to 2027 (USD Millions)
Table 22. List of Abbreviation
LIST OF FIGURES
Figure 1. Bioactive Wound Management Market Segmentation
Figure 2. Asia Pacific Bioactive Wound Management Market Overview
Figure 3. The Alginates Segment Held Largest Share of Product Segment in Bioactive Wound Management Market
Figure 4. Japan is Expected to Show Remarkable Growth During the Forecast Period
Figure 5. Asia Pacific Bioactive Wound Management Market - Leading Country Markets (US$ Mn)
Figure 6. Bioactive wound management Market - Asia Pacific PEST Analysis
Figure 7. Bioactive wound management Market Impact Analysis of Driver and Restraints
Figure 8. Asia Pacific Bioactive wound management Market – Revenue Forecasts and Analysis – 2019- 2027
Figure 9. Asia Pacific Bioactive Wound Management Market, By Product 2019 & 2027 (%)
Figure 10. Asia Pacific Alginates Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 11. Asia Pacific Collagen-based Dressing Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 12. Asia Pacific Antimicrobial Dressings Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 13. Asia Pacific Bioengineered Skin Substitutes Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 14. Asia Pacific Hydrocolloids Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 15. Asia Pacific Bioactive Wound Management Market, By Application 2019 & 2027 (%)
Figure 16. Asia Pacific Pressure Ulcers Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 17. Asia Pacific Diabetic Foot Ulcers Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 18. Asia Pacific Venous Leg Ulcers Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 19. Asia Pacific Burn Wounds Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 20. Asia Pacific Surgical Wounds Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 21. Asia Pacific Bioactive wound management Market, by End-User 2019 & 2027 (%)
Figure 22. Asia Pacific Hospitals and Clinics Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 23. Asia Pacific Ambulatory Surgical Centers Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 24. Asia Pacific Others Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 25. Asia Pacific: Bioactive Wound Management Market, by Key Country – Revenue (2019) (USD Millions)
Figure 26. Asia Pacific Bioactive Wound Management Market Revenue and Forecast to 2027 (USD Millions)
Figure 27. Asia Pacific: Bioactive Wound Management Market, by Country, 2019 & 2027 (%)
Figure 28. China Bioactive Wound Management Market Revenue and Forecast to 2027 (USD Millions)
Figure 29. Japan Bioactive Wound Management Market Revenue and Forecast to 2027 (USD Millions)
Figure 30. India Bioactive Wound Management Market Revenue and Forecast to 2027 (USD Millions)
Figure 31. South Korea Bioactive Wound Management Market Revenue and Forecast to 2027 (USD Millions)
Figure 32. Australia Bioactive Wound Management Market Revenue and Forecast to 2027 (USD Millions)
Figure 33. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
The List of Companies - Asia Pacific Bioactive Wound Management Market
- Smith & Nephew
- Hartman Group
- Integra Life Sciences Corporation
- Coloplast Group
- ConvaTec Group Plc
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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