The pandemic has also resulted in disruptions in the supply chain, affecting the global medical devices industry. The pandemic has adversely impacted global financial expectations, supply chain, operations, and crisis response plans. The manufacturers of advanced wound care products faced disruptions owing to the spread of COVID-19, leading to lockdowns and travel restrictions.

The manufacturing of advanced wound care products was significantly affected as major economies were severely affected due to the spread of COVID-19 infections. Players operating in the market are altering their long-term and short-term growth strategies by tapping the research market and developing innovative products to combat the pandemic.

Even though the impact of COVID-19 on the advanced wound care market is moderate compared to other medical device markets, the timely development and implementation of contingency plans are critical for business operations and key imported raw materials. 

As the affordability of and access to surgical care increase globally, the number of surgical procedures performed is expected to increase. With an increase in the prevalence of chronic diseases and growth in surgical procedures, the incidence of associated surgical wounds and infections has increased. This will increase the demand for advanced wound care products and debridement procedures, along with advanced techniques like NPWT. 

For More Info, Download PDF Brochure @  

[289 Pages Report] The global advanced wound care market is projected to reach USD 12.8 billion by 2026 from USD 9.4 billion in 2021, at a CAGR of 6.2%. Market growth is driven by the increasing prevalence of diabetes, the high incidence of obesity, and the increasing number of surgical procedures across the globe. In line with this, the major trend in this market is the acquisition of small players by prominent players. 

The high cost of chronic wound treatments and advanced wound care products may negatively affect their adoption, especially in cost-sensitive markets such as Asia and the RoW. Patients and physicians in these regions opt for less-expensive advanced wound care products. 

Research in advanced wound care products such as advanced wound care dressings has resulted in the introduction of unique products capable of absorption, hydration, and antibacterial activities. This has led to a shift from simple dressings to advanced dressings and products that incorporate active pharmaceutical ingredients. The need to improve the condition of wound bed tissue and provide products that optimize wound healing drives innovation in the market. 

The advanced wound care market is segmented into surgical & traumatic wounds, diabetic foot ulcers, pressure ulcers, venous leg ulcers, and burns & other wounds by wound type. In 2020, the surgical & traumatic wounds segment accounted for largest share of the market, mainly due to the growth in the volume of surgical procedures performed and rising rate of SSIs.