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India Wound Care Market Outlook to 2022
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India Wound Care Market Outlook to 2022
T ABLE OF C ONTENTS 1. Executive Summary Market Potential Market Segmentation Competitive Landscape Future Analysis And Projections 2. Research Methodology 2.1. Market Definitions 2.2. Abbreviations 2.3. Market Size and Modeling Approach – Market Sizing Variables (Dependent and Independent) Multi Factor Based Sensitivity Model Limitations Final Conclusion 3. India Wound Care Market Genesis 4. Value Chain Analysis of India Wound care Market How is Marketing Done? 5. India Wound Care Market Size, FY’2012-FY’2017 6. India Wound Care Market Segmentation 6.1. By Type of Wound Care Products (Traditional, Advanced and Surgical), FY’2017 6.2. By Traditional Wound Care Products (Gauge, Dressings, Tapes, Compression Bandages and Plasters, and Disinfectants), FY’2017 6.3. By Advanced Wound Care Products (Dressings and Devices), FY’2012-FY’2017
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6.3.1. By Advanced Wound Care Dressings (Hydrocolloid, Foam, Advanced Silver Mesh, Alginate and Collagen), FY’2012FY’2017 6.3.2. By Advanced Wound Care Devices (NPWT, Pressure Relief, Hyperbaric and Others), FY’2012-FY’2017 6.4. By Surgical Wound Care Products (Sutures, Staples and Glues), FY’2012-FY’2017 6.5. By Distribution Channels, FY’2017 6.6. By Cities (Tier I, II and III), FY’2012-FY’2017 Scenario in Tier I Cities 7. India Wound Care Market Trade Scenario 7.1. Sutures Imports by Value and Major Destinations, FY’2017 7.2. Staplers Import by Value and Major Destinations, FY’2017 7.3. Adhesive and Dressing Import by Value and Major Destinations, FY’2017 8. Trends and Developments in India Wound Care Market 9. India Wound Care Market Regulatory Landscape Decision Making Process in India Wound Care Market 10. Porter Five Forces Analysis in India Wound Care Market High Threats of New Entrants Moderate Bargaining Power of Consumers High Rivalry Among Competitors Moderate Bargaining Power of Suppliers Low Threat of Substitutes 11. Competitive Landscape of Major Players in India Wound Care Market 11.1. Market Share of Major Players in India Wound Care Market 11.2. Company Profiles Johnson and Johnson © Licensed product of Ken Research; should not be copied
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Smith and Nephew Datt Mediproducts Private Limited 3M India Sutures India Coloplast BSN Medical KCI Medical Molnlycke Health Care ConvaTec 12. India Wound Care Market Future Outlook and Projections, FY’2018-FY’2022 Improvement in Health Infrastructure 12.1. By Wound Care Products, FY’2022 13. Analyst Recommendations 14. Macroeconomic Factors Impacting India Wound Care Market 14.1. Road Accidents in India, 2011-2021 14.2. Prevalence of Diabetes, 2011-2021 14.3. Healthcare Expenditure in India, FY’2012-FY’2022 14.4. Health Insurance Premium, FY’2012-FY’2022 14.5. Total Population, 2011-2021 Disclaimer Contact Us
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Figure 1-1: India Wound Care Market Scenario, FY’2017 Figure 3-1: Multi-Specialty Hospital Spending on Medical Consumables on the Basis of Cost Contribution in Percentage (%), FY’2017 Figure 3-2: India Medical Institutions Spending Segmentation on Medical Consumables on the Basis of Revenue in Percentage (%), FY’2017 Figure 4-1: Value Chain of India Wound Care Market Figure 4-2: Marketing Strategies in India Wound Care Market Figure 5-1: India Wound Care Market Size on the Basis of Revenues in INR Million and Growth Rate in Percentage (%), FY’2012-FY’2017 Figure 6-1: India Wound Care Market Segmentation by Type of Wound Care Products on the Basis of Revenue in Percentage (%), FY’2012-FY’2017 Figure 6-2: India Wound Care Market Segmentation by Type of Traditional Wound Care Products on the Basis of Revenue in Percentage (%), FY’2012-FY’2017 Figure 6-3: India Wound Care Market Segmentation by Type of Advanced Wound Care Products on the Basis of Revenue in Percentage (%), FY’2012-FY’2017 Figure 6-4: India Wound Care Market Segmentation by Type of Advanced Wound Care Dressings on the Basis of Revenue in Percentage (%), FY’2012-FY’2017 Figure 6-5: India Wound Care Market Segmentation by Type of Advanced Wound Care Devices on the Basis of Revenue in Percentage (%), FY’2012-FY’2017 Figure 6-6: India Wound Care Market Segmentation by Type of Surgical Wound Care Products on the Basis of Revenue in Percentage (%), FY’2012-FY’2017 © Licensed product of Ken Research; should not be copied
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Figure 6-7: India Wound Care Market Segmentation by Distribution Channel on the Basis of Revenue in Percentage (%), FY’2017 Figure 6-8: India Wound Care Market Segmentation by Cities on the Basis of Revenue in Percentage (%), FY’2012-FY’2017 Figure 7-1: India Wound Care Market Import of Sutures by Major Destinations on the Basis of Revenue in Percentage (%), FY’2017 Figure 7-2: India Wound Care Market Import of Staples by Major Destinations on the Basis of Revenue in Percentage (%), FY’2017 Figure 7-3: India Wound Care Market Import of Adhesive and Dressing by Major Destinations on the Basis of Value in Percentage (%), FY’2017 Figure 9-1: Timeline for Key Government Initiatives Impacting the Medical Device Sector Figure 10-1: Effect of Porter’s Five Forces on India Wound Care Market Figure 11-1: Market Share of Major Players in India Wound Care Market on the Basis of Revenue in Percentage (%), FY’2017 Figure 11-2: Johnson and Johnson Overall Revenue and Net Profit in INR Million, FY’2012-FY’2017 Figure 11-3: Financial Performance of Smith and Nephew on the Basis of Overall Revenue in INR Million, FY’2012-FY’2017 Figure 11-4: Datt Mediproducts Overall Revenue in INR Million, FY’2012-FY’2017 Figure 11-5: Financial Performance of 3M India on the Basis of Overall Revenue in INR Million, FY’2012-FY’2017 Figure 11-6: Coloplast Overall Revenue and Net Profit in INR Million, FY’2012-FY’2017 © Licensed product of Ken Research; should not be copied
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Figure 11-7: BSN Medical Overall Revenue and Net Profit in INR Million, FY’2012-FY’2017 Figure 11-8: KCI Medical Overall Revenue and Net Profit in INR Million, FY’2012-FY’2017 Figure 11-9: Molnlycke Overall Revenue and Net Profit in INR Million, FY’2012-FY’2017 Figure 11-10: ConvaTec Overall Revenue in INR Million, FY’2012-FY’2017 Figure 12-1: India Wound Care Market Future Outlook on the Basis of Revenue in INR Million and Growth Rate in Percentage (%), FY’2018-FY’2022 Figure 12-2: India Wound Care Market Future Outlook by Type of Wound Care Products on the Basis of Revenue in Percentage (%), FY’2018-FY’2022 Figure 14-1: Incidence of Road Accidents in India in Units, 2011-2021 Figure 14-2: Prevalence of Diabetes in India in Million, 20112021 Figure 14-3: Healthcare Expenditure in India in Lakh Crores, FY’2012-FY’2022 Figure 14-4: Health Insurance Premium in India in USD Billion, FY’2012-FY’2022 Figure 14-5: Total Population in India in Million, 2011-2021
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L IST OF T ABLES Table 2-1: List of Tier 1, Tier 2, and Tier 3 Cities in India, 2016 Table 2-2: Correlation Matrix for India Wound Care Market Table 2-3: Regression Coefficients Output Table 3-1: Demand and Supply Side Issues in India Wound Care Market Table 3-2: India Healthcare Statistics on the basis of Health Parameters Table 3-3: Top Ten Causes of Deaths and Number of Deaths in India, 2014 Table 5-1: Rationale and Description for India Wound Care Market Size on the Basis of Revenues, FY’2012-FY’2017 Table 6-1: Rationale and Description for India Wound Care Market Segmentation by Type of Wound Care Products on the Basis of Revenue in INR Million, FY’2017 Table 6-2: India Wound Care Market Segmentation by Type of Wound Care Products on the Basis of Revenue in INR Million, FY’2012-FY’2017 Table 6-3: Scope for Application of Advanced Wound Care Product by Wound Category Table 6-4: Rationale and Description for India Wound Care Market Segmentation by Traditional Wound Care Products on the Basis of Revenue in INR Million, FY’2017 Table 6-5: India Wound Care Market Segmentation by Type of Traditional Wound Care Products on the Basis of Revenue in INR Million, FY’2012-FY’2017 Table 6-6: Rationale and Description for India Wound Care Market Segmentation by Advanced Wound Care Products on the Basis of Revenue in INR Million, FY’2017
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Table 6-7: India Wound Care Market Segmentation by Type of Advanced Wound Care Products on the Basis of Revenue in INR Million, FY’2012-FY’2017 Table 6-8: Rationale and Description for India Wound Care Market Segmentation by Type of Advanced Wound Care Dressings on the Basis of Revenue in INR Million, FY’2017 Table 6-9: India Wound Care Market Segmentation by Type of Advanced Wound Care Dressings on the Basis of Revenue in INR Million, FY’2012-FY’2017 Table 6-10: List of New Topical Wound Care Products in India, June 2017 Table 6-11: Rationale and Description for India Wound Care Market Segmentation by Type of Advanced Wound Care Devices on the Basis of Revenue in INR Million, FY’2017 Table 6-12: India Wound Care Market Segmentation by Type of Advanced Wound Care Devices on the Basis of Revenue in INR Million, FY’2012-FY’2017 Table 6-13: Rationale and Description for India Wound Care Market Segmentation by Type of Surgical Wound Care Products on the Basis of Revenue in INR Million, FY’2017 Table 6-14: India Wound Care Market Segmentation by Type of Surgical Wound Care Products on the Basis of Revenue in INR Million, FY’2012-FY’2017 Table 6-15: Rationale and Description for India Wound Care Market Segmentation by Distribution Channel on the Basis of Revenue in INR Million, FY’2017 Table 6-16: Rationale and Description for India Wound Care Market Segmentation by Cities on the Basis of Revenue in INR Million, FY’2017
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Table 6-17: State / Union Territory Wise Government Hospitals in India, 2016 Table 6-18: Major Distributors of Wound Care Products in India, FY’2017 Table 6-19: India Wound Care Market Segmentation by Cities on the Basis of Revenue in INR Million, FY’2012-FY’2017 Table 6-20: India Wound Care Market Segmentation by Tier I Cities on the Basis of Revenue in INR Million and Market Share in Percentage (%), FY’2017 Table 7-1: India Wound Care Market Import of Sutures on the Basis of Revenue in INR Million and by Major Destinations, FY’2017 Table 7-2: India Wound Care Market Import of Staples on the Basis of Revenue in INR Million and by Major Destinations, FY’2017 Table 7-3: India Wound Care Market Import of Adhesive and Dressing on the Basis of Revenue in INR Million and by Major Destinations, FY’2017 Table 8-1: Trends and Developments in India Wound Care Market Table 8-2: List of Top 15 Applicants with Wound Dressing Product Patents, April 2017 Table 9-1: Government Regulations for Medical Devices in India Table 9-2: Currently Regulated Medical Devices in India, FY’2017 Table 9-3: Decision Making Process in India Wound Care Market Table 11-1: Market Share of Major Players in India Wound Care Market on the Basis of Revenue in INR Million, FY’2017 © Licensed product of Ken Research; should not be copied
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Table 11-2: Johnson and Johnson Company Profile including Company Overview, USP, and Number of Employees, Product Portfolio, Business Strategies and other KPIs Table 11-3: Johnson & Johnson Product Portfolio with Description Table 11-4: Smith and Nephew Company Profile including Company Overview, USP, and Number of Employees, Product Portfolio, Business Strategies and other KPIs Table 11-5: Smith and Nephew Product Portfolio with Description Table 11-6: Datt Mediproducts Company Profile including Company Overview, USP, and Number of Employees, Product Portfolio, Business Strategies and other KPIs Table 11-7: Datt Mediproducts Product Portfolio with Description Table 11-8: 3M India Company Profile including Company Overview, USP, Number of Employees, Product Portfolio, Business Strategies and other KPIs Table 11-9: 3M India Product Portfolio with Description Table 11-10: Sutures India Company Profile including Company Overview, USP, and Number of Employees, Product Portfolio, Business Strategies and other KPIs Table 11-11: Sutures India Product Portfolio with Description Table 11-12: Coloplast Company Profile including Company Overview, USP, and Number of Employees, Product Portfolio, Business Strategies and other KPIs Table 11-13: Coloplast Product Portfolio with Description Table 11-14: BSN Medical Company Profile including Company Overview, USP, and Number of Employees, Product Portfolio, Business Strategies and other KPIs Š Licensed product of Ken Research; should not be copied
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Table 11-15: BSN Medical Product Portfolio with Description Table 11-16: KCI Medical Company Profile including Company Overview, USP, and Number of Employees, Product Portfolio, Business Strategies and other KPIs Table 11-17: KCI Medical Product Portfolio with Description Table 11-18: Molnlycke Company Profile including Company Overview, USP, and Number of Employees, Product Portfolio, Business Strategies and other KPIs Table 11-19: Molnlycke Product Portfolio with Description Table 11-20: ConvaTec Company Profile including Company Overview, USP, and Number of Employees, Product Portfolio, Business Strategies and other KPIs Table 11-21: ConvaTec Product Portfolio with Description Table 12-1: Rationale and Description for India Wound Care Market Future Outlook, FY’2018-FY’2022 Table 12-2: Rationale and Description for India Wound Care Market Future Outlook by Type of Wound Care Products on the Basis of Revenue in INR Million, FY’2022 Table 12-3: India Wound Care Market Future Outlook by Type of Wound Care Products on the Basis of Revenue in INR Million, FY’2018-FY’2022 Table 13-1: Recommendations for India Wound Care Market Table 14-1: Rationale and Description for Road Accidents in India in Units, 2011-2021 Table 14-2: Rationale and Description for Diabetes in India in Million, 2011-2021 Table 14-3: Rationale and Description for Healthcare Expenditure in India in Lakh Crores, FY’2012-FY’2022 Table 14-4: Rationale and Description for Health Insurance Premium in India in USD Billion, FY’2012-FY’2022 © Licensed product of Ken Research; should not be copied
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Table 14-5: Rationale and Description for Total Population in India in Million, 2011-2021
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WHAT IS THE SCENARIO OF WOUND CARE MARKET IN INDIA? The wound care market in India is characterized by wound treatment products and medical devices meant for traditional, advanced and surgical purposes. The market has grown at a rapid pace in the last few years owing to the continuous launch of new and advanced products. Aging population, rising surgeries, inclining prevalence of chronic and acute wounds have all contributed to the growth of the wound care market in the country. The wound care market in India grew at an impressive CAGR of ~% during the period FY’2012-FY’2017. The market registered growth in revenues from INR ~ million in FY’2012 to INR ~ million in FY’2017. The market growth was also fuelled by rise in knee replacement surgeries in the country with over 80,000 knee replacements performed, which represented an incline by 80% in just five years. Furthermore, over 18,000 weight loss surgeries were conducted in India up from just 800 in 2009.
Over 9.3 million cosmetic procedures were performed in the country in 2016 as well. Moreover, India recorded annual burn incidence of approximately 6-7 million every year which resulted in growth of market revenues. The medical and surgical equipment sector received a total foreign direct investment of INR 83.4 billion between 2000 and 2016. In 2013 alone, FDI inflow was recorded at INR 9.2 billion and the number jumped to INR 10.1 billion in 2015. India is the diabetes capital in the world with 74.4 million diabetic patients in 2016. Prevalence of diabetes in Indians was recorded at 2.4% in rural areas and 1217% in urban population. In India, prevalence of foot ulcers in diabetic patients was recorded as 3%. Recurrence rate of diabetic foot ulcers in India was as high as 66% as of 2016 which also augmented the growth in market revenues.
Figure: India Wound Care Market Size by Revenues in INR Million, FY’2012FY’2017 7,000.00 6,000.00 5,000.00 4,000.00 3,000.00 2,000.00 1,000.00 0.00 INR Billion
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India Wound Care Market Outlook to 2022
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FY'2012
FY'2013
FY'2014
FY'2015
FY'2016
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WHICH SEGMENTS ARE DOING WELL IN WOUND CARE MARKET IN INDIA? Traditional wound care is the primary treatment approach in India. The segment has witnessed huge demand for products such as cotton, gauge, dressings and bandages. These products are affordable by everyone and enjoy high adoption in medical institutions, clinics and end consumers. Traditional wound care products were the highest revenue generating segment in the wound care market of the country and accounted for ~% of the overall market share as of FY’2017. Owing to perception of high cost-low benefit for advanced wound care products, the use of traditional products has been rampant. Counterfeit and local substitutes are easily available for products in this segment and there existed a continuous downward pressure on pricing. Table: India Wound Care Market Segmentation by Type of Wound Care and Rationale for Revenues, FY’2017 Segment
Revenues in INR Billion, FY’2017
Rationale
NPWT (Negative Pressure Wound Therapy) is the most popular device used in advanced wound management and comprised for ~% market share in the advanced wound care device segment, as of FY’2017. It involves enveloping a non-healing wound coupled with application of negative pressure through foam or gauge dressing. It has been especially been utilized for management of diabetic foot wound. Among newer interventions in diabetic foot wound therapies, NPWT has become an established method of wound management in the last few years. Standalone, single-use and portable NPWT devices are available in the market. Commercially available NPWT systems are very expensive are not available in most rural areas of the country. Table: India Wound Care Market Segmentation by Type of Advanced Wound Care Devices and Rationale for Revenues, FY’2017 Segment
Revenues in Billion, FY’2017
INR
Rationale
NPWT Pressure Relief Hyperbaric Others
Traditional Wound Care
Total
Advanced Wound Care Surgical Wound Care Total
KCI is one the market leaders in this segment and has the broadest range of disposable NPWT products. Smith and Nephew also had considerable market presence in NPWT segment and recently launched PICO, which is a small and portable NPWT device providing 7 days of therapy. Pressure relief devices, hyperbaric oxygen therapy devices and all other devices including electrical and electromagnetic stimulation comprised for ~%, ~% and ~% market share.
Traditional wound care products are gradually being replaced by advanced wound care products due to their efficacy and usefulness in managing wounds by enabling faster healing. Advanced and surgical segments have grown at a faster pace in the last few years.
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WHAT IS THE KEY TRENDS IN INDIA WOUND CARE MARKET? In a breakthrough discovery, Bamboo used to develop new wound care dressing: A team of doctors from the Center of Innovative and Applied Bioprocessing in Punjab, India has created a special new dressing type composed of bamboo. In order to come up with an effective wound healing or dressing material, they used bamboo leaves to isolate certain nanocrystals that can facilitate the wound healing process. Bamboo has a unique molecular makeup which enables harvesting of nanoparticles in a timely manner. When tested on lab rats, within two weeks wounds had closed and hair follicles began to grow which was a promising sign of effective wound care. In addition, bamboo was found to have antibacterial tendencies, preventing several different strains of bacteria from infecting wound sites. The team believes the bamboo dressings work by accelerating the growth of collagen fibers as well as immune cells associated with inflammation, two essential compounds for wounds to heal properly. Furthermore, bamboo was also able to prevent foulsmelling odors in most wounds. Silk protein-derived product developed by a Bengaluru based company for traditional wound dressing: Sericare, a Bengaluru based company has developed a silk-protein derived product (Fibroheal) that can be used in place of traditional dressing for wounds. The dressing is produced from cut cocoons after the silkworm has left the cocoon and so is a cleaner alternative to collagen dressings, currently the only form of dressing other than skin grafts, which actively help in healing of wounds.
The product has received support from the Department of Biotechnology, Government of India, and is being used in the All India Institute of Medical Sciences (AIIMS), New Delhi, Command Hospital, Bengaluru, and Jawaharlal Institute of Postgraduate Medical Education and Research, Puducherry. A clinical trial at AIIMS conducted by Sushma Sagar and her colleagues with the Department of Trauma Surgery showed favorable results. The dressing was applied on the donor area (area from which skin graft is taken to apply to raw area) of 30 patients (60 donor sites in all). The team of researchers harvested skin graft and applied dressing in two parts, one being paraffin dressing and the other the silk protein dressing. The doctors observed that dressing removal was less painful for the silk protein dressing and healing took place faster, often within seven to nine days. Government initiatives towards prevention of injuries: The National Programme for Prevention of Burn Injuries was setup in 2011 as a pilot project. The goal is to ensure prevention of burns and capacity building of infrastructure and manpower at different levels of health care delivery system. The programme aims to provide timely and adequate treatment to burn patients and reduce mortality, complications along with providing effective rehabilitation to the survivors. The programme was launched in the current Five Year Plan (2012-2017) in Medical colleges and their adjoining district hospitals in few states. Subsequently, in the next five year plan it will be rolled out in all the medical colleges and districts hospitals of the country.
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HOW HAS MAJOR COMPANIES PERFROMED IN RECENT TIMES? The wound care market in India is still in its growth phase and is quite a fragmented one characterized by the presence of several manufacturers and fierce competition existing between them. Johnson and Johnson emerged as the market leader in this space, in terms of revenue. Smith and Nephew and Datt Mediproducts were the next two leading companies. These companies had strong product portfolio along with strong distribution systems and promotion strategies that enabled them to keep hold of their market share. The wound care market is price sensitive and the purchase officials often base their purchase decisions on product price. They are reluctant to purchase expensive products in order to provide affordable healthcare services to their customers. Table: Market Share of Major Players in India Wound Care Market on the Basis of Revenue in INR Million and Market Share in Percentage (%), FY’2016 Market Share in Company Revenue in INR Billion, FY’2016 Percentage (%) Johnson and Johnson ~ ~ Smith and Nephew ~ ~ Datt Mediproducts ~ ~ 3M India ~ ~ Sutures India ~ ~ Coloplast ~ ~ Others ~ ~ Total ~ ~
Competitive Landscape of Major Players including detailed company profiles for each of the companies in the space. Table: Company Profile Including Company Overview, Manufacturing Facilities, Distribution Network, Number of Employees, Business Strategies and other KPIs Parameters Remarks Company Overview Manufacturing Facilities R&D Center Product Portfolio USP Distribution Network Number of Employees Business Strategies
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WHAT ARE THE GROWTH PROSPECTS OF THE WOUND CARE MARKET IN INDIA? Osteoarthritis is the most prevalent form of arthritis in India which affects over 15 million adults every year. The current treatment solution is surgery involving a transplant and only 10% of the Indians undergo the surgery due to fear of late recovery. India is expected to be the osteoarthritis capital of the world by 2025 with over 60 million cases. The current rate of 10% patients undergoing joint replacement surgeries is expected to incline in the near future owing to rising per capita income and increasing disease burden. India has fast become a global health destination, with the medical tourism industry growing at 30% every year. Over 26 million surgeries were performed in the country in 2016 and reportedly the country’s need for surgeries stood at around 65 million. Hence, with increase in number of hospital and specialized doctors, the number of surgeries performed in the country is going to incline at a steady pace. All these factors would result in positive growth of the market at a CAGR of ~% during the period FY’2017-FY’2022. Figure: India Wound Care Market Future Outlook on the Basis of Revenue in INR Billion, FY’2018-FY’2022 20,000.00 INR Billion
India wound care market has been mainly driven by technological advances, increasing aging population, problems associated with ineffective traditional wound healing methods and growing incidences of chronic and acute wounds. Rising prevalence of diabetes, attempts to lower the duration of hospital stay in order to reduce the healthcare expenses and the growing inclination towards products that enhance therapeutic outcomes are also driving the demand for the advanced wound care products. Rise in incidence and prevalence of acute and chronic wounds: Both chronic and acute wounds cases have inclined by 3-4% annually in the last five years. The prevalence rate of chronic wounds in India stood at 4.5 per 1,000 population and incidence rate of acute wounds was more than double at 10.5 per 1,000 population, as of FY’2016. Incidence and prevalence of both acute and chronic wounds are likely to incline in the near future by 4-5% annually. Furthermore, the number of lymphoedema cases due to Filariasis is also expected to incline from 23 million cases to 25 million cases each year by 2020. Surging surgeries: The number of surgical births in the country has risen at an unprecedented rate of 16.7% annually in the last five years. India is set to witness further rise in caesarean surgeries going forward. Furthermore, the number of plastic surgeries including breast augmentation, face lifts, brow lifts, eye lifts and liposuction is expected to rise significantly in the mid-long term.
15,000.00 10,000.00 5,000.00 0.00 FY'18 FY'19 FY'20 FY'21 FY'22
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COMPANIES CITED IN THE REPORT Competitive Landscape Categories Particulars Johnson and Johnson Smith and Nephew Datt Mediproducts 3M India Companies Sutures India Mentioned Coloplast BSN Medical KCI Medical Molnolycke Convatec
Products Mentioned
Gauge, Dressings, Tapes, Bandages, Compression Bandages, Plasters, Disinfectants, Hydrocolloid, Foam, Advanced Silver Mesh, Alginate, Collagen, Sutures, Staples, Glues, NPWT, Pressure Relief, Hyperbaric Oxygen Devices
KEY FACTORS CONSIDERED IN THE REPORT
Comprehensive analysis of the wound care market and its segments Industry is presented by traditional, advanced and surgical wound care products, by distribution channel and demand from major cities Listed major players and their positioning in the market Identified major industry developments in last few years and assess the future growth of the industry
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No part of this manual or any material appearing may be reproduced, stored in or transmitted on any other Web site without written permission of Ken Research and any payments of a specified fee. Requests to republish any material may be sent to us. The report titled ―India Wound Care Market Outlook to 2022 – Rising Medical Surgeries and Increase in Incidence of Acute and Chronic Wounds to Foster Future Growth‖ by Ken Research suggested the wound care market is anticipated to grow at a CAGR of 20.3% during the period FY’2017-FY’2022.
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