Global Advanced Wound Care Market Outlook 2024 Sample – by Goldstein Research by Goldstein Market Intelligence

Global Advanced Wound Care Market Outlook

Global Advanced Wound Care Market Outlook 2024: Opportunity & Growth Analysis, 2017-2024

Report Code :HC 1335

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Global Advanced Wound Care Market Outlook

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Vision

Value

Visibility

Global Advanced Wound Care Market 

Global Advanced Wound Care Market Outlook          

Global Advanced Wound Care Market Market Size (USD Billion) Forecast Analysis (2017-2024) Market Share & CAGR (%) Regional Share Distribution (%) Target Markets (Countries) Global Demographic Trends Global Healthcare Trends Research & Development in Wound Care Management Competitive Analysis By Manufacturers, Distributors, Suppliers & Exporters

 Market Dynamics       

Growth Drivers Market Restraints Risk Analysis (Supply & Demand) Economic Variations Recent Trends & Developments Opportunities SWOT Analysis

 Advanced Wound Care Market Segmentation  

General Market Overview Factors Covered in Segmentation Analysis (Below mentioned factors has been covered in all regions and segments)  Market Size ($ Billions) & CAGR  Market Share Analysis (%)  Year on Year Growth Rate (%)  Export & Import (Value)  Production (Units) By Product Type Analysis  Dressing  Foam Dressings  Film Dressings  Antimicrobial Dressings  Super Absorbent Dressings  Hydrogels Dressings  Alginates Dressings  Active Dressings  Other Dressings (Wound Contact Layers, Honey Dressing)

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Global Advanced Wound Care Market 



Active Wound Care  Skin substitutes  Growth Factors  Others (Allografts, Xenografts) Therapy devices  Negative Pressure Wound Therapy  Pressure relief devices  Hyperbaric Oxygen Chambers (HBOT)  Wound Debridement devices  Physical Therapies BPS Analysis & Attractiveness

• By End-User Analysis  Hospitals & Clinics  Ambulatory Services  Home Healthcare  Community Healthcare Services  BPS Analysis & Attractiveness

Global Advanced Wound Care Market : Regional Segmentation  North America Advanced Wound Care Market Outlook       

Advanced Wound Care Management Outlook Healthcare Industry Outlook Advanced Wound Care Devices Demand & Supply (in Units) Analysis Advanced Wound Care Devices Trade Data (By Value & By Volume) Analysis Advanced Wound Care Devices Manufacturing Outlook Advanced Wound Care Devices Marketing & Distribution Outlook Regulatory Considerations

 Country-Wise Outlook • U.S. Market Outlook • Canada Market Outlook • BPS Analysis & Market Attractiveness

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Global Advanced Wound Care Market  Latin America Advanced Wound Care Market Outlook       

•

Country-Wise Outlook • Mexico Market Outlook • Brazil Market Outlook • Rest of Latin America Market Outlook • BPS Analysis & Market Attractiveness

 Europe Advanced Wound Care Market Outlook       

•

Country-Wise Outlook • UK Market Outlook • Germany Market Outlook • France Market Outlook • Italy Market Outlook  Spain Market Outlook  Hungry Market Outlook  BENELUX Market Outlook  Russia Market Outlook  Poland Market Outlook  Sweden Market Outlook  BPS Analysis & Market Attractiveness

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Global Advanced Wound Care Market, 2017-2024  Asia Pacific Advanced Wound Care Market Outlook       

•

Country-Wise Outlook • China Market Outlook • Japan Market Outlook • India Market Outlook • Singapore Market Outlook • Thailand Market Outlook • Australia Market Outlook • Rest of APAC Market Outlook • BPS Analysis & Market Attractiveness

 Middle East & Africa Advanced Wound Care Market Outlook       

•

Country-Wise Outlook • GCC Market Outlook • North Africa Market Outlook • South Africa Market Outlook • BPS Analysis & Market Attractiveness

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Global Advanced Wound Care Market, 2017-2024  Competitive Outlook  

 

Market Share of Major Players (2017) Company Profiles  Google  Company Synopsis  Business Strategy  Product Portfolio  Recon Instruments  Vuzix  Meta  Lumus Ltd.  Seiko Epson  Sony  HTC Corporation  Oculus VR  Medtronic

Porter’s Five Force Model Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem



Expert Analysis



Concluding Remarks

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Global Advanced Wound Care Market Outlook

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Global Advanced Wound Care Market Outlook Global Advanced Wound Care Market Share(%), By Product Type -2016

Global Advanced Wound Care Market Size USD (Billion). 2017-2024 XX

XX%

CAGR: (2017-2024)

XX 2016e 2017e 2018f

2019f

Source: Goldstein Research

m a S 2020f

2021f

2022f

2023f

2024f

e l p Dressing

Active Wound Care

Therapy devices

Source: Goldstein Research

Dressing segment accounted for the highest market share XX% in Global Advanced Wound Care

In 2016,

Market

Global Advanced Wound Care Market Share(%), By Therapy Devices -2016

20.00%

With

XX% share in 2016, North

America dominated the Global Advanced

Global Advanced Wound Care Market Share (%), By End User -2016

20.00%

Wound Care market

XX% XX%

20.00% XX% 20.00%

Negative Pressure Wound Therapy

Pressure relief devices

Hyperbaric Oxygen Chambers (HBOT)

Wound Debridement devices

Physical Therapies

Source: Goldstein Research

XX%

Hospitals & Clinics

Ambulatory Services

Community Healthcare Services

Source: Goldstein Research

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Home Healthcare

Global Advanced Wound Care Market Outlook

 The global advanced wound care market is registering an impressive growth of XX% in 2016 in all the four regions Americas, Asia-Pacific, Europe, Middle East and Africa demonstrating positive growth prospects. North America stood as the largest advanced wound care market in 2016, with a market size valued at USD XX billion.

Geriatric Population

 The global wound care market was valued at USD XX billion in 2016, which is expected to grow at a CAGR of XX% during the period 2017-2024. The global advanced wound care market accounts for XX% share in total wound care market. The wound care market is growing due to increasing geriatric population, increase in volume of surgeries and increasing awareness about wound care products.

e l p

 Asia Pacific is an opportunistic market for the growth of advanced wound care market, with India being the top attractive country for the manufacturing of wound care devices. Globally the market is flooded with wound care products majorly from Asian countries and other regions with low labor cost.

m a S

 The development of patient care devices, which accelerate wound closure and healing, has been met with appreciation by both patients and hospital administrators. Wounded patients enjoy products that are more comfortable and easier to use than traditional products, and hospitals are rewarded by cost savings related to the reduced hospital stays. This is particularly important given the growing volume of open surgical procedures in regions such as Europe; many doctors are adopting advanced wound closure solutions following scar-free surgeries.

 Hospitals across Eastern and Western Europe are responding to a growing demand for quality wound care and closure products by investing in high-technology solutions. The advanced wound care devices are more costly, but are reaching the market at a time when lifestyle diseases and longer life expectancy place a burden on hospitals to reduce bed occupancy.

Increasing Penetration in Hospitals

Technological Advancements

Increase in Number of Open Surgeries

Global Advanced Wound Care Market Size (USD Billion) North America

Europe

Asia-Pacific

2016

USD XX Billion

2024

USD XX Billion

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Global Advanced Wound Care Market Outlook

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Research Methodology

Goldstein Research follows a comprehensive and rigorous research methodology to provide you accurate estimates and forecast of a particular market. We provide estimates, forecast and analysis primarily based on secondary research, primary interviews, in-house database and other free as well paid sources. Our company follows simultaneous top down and bottom approach in order to provide you the accurate market sizing. Data triangulation method is strictly followed where we triangulate the data from all the aspects, be it Function Type, application, industry verticals, material, product type or geography. In addition, the research methodology we follow is a systematic approach in order to estimate and project the market sizing keeping in mind all the on-going and upcoming trends of the market. We conduct both primary and secondary research in order to estimate a market and validate our key findings.

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We put together our effort and prepare an inclusive questionnaire depending on the title of the market we are tracking and extract the important information we require to validate our findings. Our team of Analysts and experts dedicatedly put their effort to provide you the best possible and accurate data and analysis. Adding to that; technological, economic, cultural and social aspects along with the regulatory barriers are completely analyzed to understand the comprehensive market scenario across different geographies. Understanding the market from both buyer and seller point of view is important to track a market and provide analysis on the same. We not only provide the market data of the four geographies as a whole, namely, North America, Europe, Asia-Pacific, Latin America, Middle East & Africa and Rest of the World (RoW) but we also provide you qualitative as well we qualitative information on country level bifurcation. We at Goldstein Research provide you: • Precise Estimates and Forecast • Authentic Analysis • In-depth Data and Analysis • Authentic Sources • Reliable Data and Analysis

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Global Advanced Wound Care Market Outlook

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Major Players Presence-Regional Analysis

Major Players/ Industries

North America

APAC

Europe

Latin America

Middle East & Africa

3M Company Medtronic plc Organogenesis Inc. Smith & Nephew Mรถlnlycke Health Care Paul Hartmann Covidien

Sample

ConvaTec BSN Medical Medline B. Braun Melsungen

High Penetration Copyright

Medium Penetration

Low Penetration www.goldsteinresearch.com

Global Advanced Wound Care Market Outlook

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Global Advanced Wound Care Market Size (USD Billion) & Growth Analysis Global Advanced Wound Care Market Size (USD Billion)-2017-2024 XX

e l p

XX XX

XX 2016e

m a S

2017e

Source: Goldstein Research

2018f

2019f

2020f

2021f

2022f

2023f

2024f

Global Advanced Wound Care Market is anticipated to expand at a compound annual growth rate of XX% during the forecast period i.e. 2017-2024. The market is anticipated to reach USD XX Billion by the end of 2024. As various global leader in skin and wound care dressings compete, they draws on its technological capability and knowledge of wound care challenges to respond to clinicians and bring scientific innovation to the art of wound management. Such developmental approach is driving the growth of the market. The incidence of non-healing cutaneous wounds in the United States is XX million episodes per year, costing the nation’s healthcare system an estimated USD XX billion annually. Patients suffering from chronic wounds may have a mortality rate of up to 50 percent in five years. Despite the complexity of non-healing wounds, only recently has the concept of wound care evolved with the goal of becoming a recognized formal medical specialty. Given the scientific and technological advances occurring in the wound healing field, the recognition that wound management requires a coordinated, team based approach, and the growing need to establish wound care as a recognized medical specialty with board certification and evidence-based standards of care, the time has come to address the questions that need to be answered to best meet the needs of patients requiring chronic wound care. Copyright

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Global Advanced Wound Care Market Outlook, 2017-2024 Global Production (in Units) Of Advanced Wound Care Devices, 2017-2024 Year/ Countries

2016

2017

2018

2019

2020

2021

2022

2023

2024

China

India

United States

Germany

Source: Goldstein Research

e l p

Global Annual Sales (in Units) Of Advanced Wound Care Devices, 2017-2024 Year/ Countries China India United States Germany Source: Goldstein Research

2016

2017

2018

2019

2020

2021

2022

2023

2024

m a S

Exports (in Units) Of Advanced Wound Care Devices, 2017-2024 Year/ Countries

2016

2017

2018

2019

2020

2021

2022

2023

2024

China

India

United States

Germany

Source: Goldstein Research

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Region and Market Players-2016 Global Advanced Wound Care Market Share (%) , By Companies, 2016

B. Braun Melsungen; XX 3M Company; XX% Medtronic plc; % Medline; XX% XX% Organogenesis BSN Medical; XX Inc.; XX% % Smith & ConvaTec; XX% Nephew; XX% Mรถlnlycke Covidien ; XX% Paul Hartmann; Health Care; XX XX% %

Source: Goldstein Research

m a S

Global Advanced Wound Care Market Share(%), By Region, 2016

North America XX %

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Europe XX%

Asia Pacific XX%

Middle East& Africa XX% Latin America XX % Source: Goldstein Research

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Global Advanced Wound Care Market Competition Analysis, 2017-2024 Global Supply (in Units) Of Advanced Wound Care Devices, 2017-2024

Global Demand (USD Billion) Of Advanced Wound Care Devices, 2017-2024

Year/ Therapy Devices

2016

2024

Year/ Therapy Devices

2016

2024

Negative Pressure Wound Therapy

Pressure relief devices

Hyperbaric Oxygen Chambers (HBOT)

Wound Debridement devices

m a S

Physical Therapies Source: Goldstein Research

e l p

Physical Therapies

Source: Goldstein Research

Global Production (in Units) Of Advanced Wound Care Devices, 2017-2024

Global Potential Region Of Advanced Wound Care Devices, 2017-2024

Year/ Therapy Devices

2016

2024

Trade/ Region

Exports

Imports

Negative Pressure Wound Therapy

Middle East

Pressure relief devices

South Africa

Hyperbaric Oxygen Chambers (HBOT)

Asia Pacific

Wound Debridement devices

Latin America

Physical Therapies

Sub-Saharan Africa

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Global Advanced Wound Care Market Outlook

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Growth Drivers Growth in Incidences of Chronic Diseases  Evidence suggests those with chronic diseases such as diabetes, rheumatoid and cardiovascular diseases may have slow to heal wounds unless these chronic conditions are well managed. Patients suffering from chronic wounds – for example, diabetic patients whose non-healing wounds result in amputation – may have a mortality rate of up to 50 percent in five years – a rate similar to several types of cancer.  With an estimated XX million diabetic patients by the year 2030, the number of patients with chronic non-healing wounds will be increasing. Because of an aging society, there will be an increase in the number of surgical wounds, venous leg ulcerations, and pressure ulcers that will be at risk for non-healing.

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 The majority of wound care approaches and products have not been tested in randomized, controlled clinical trials using consistent measures for outcomes, these guidelines lack the scientific evidence that the field deserves and that governs practice in virtually all other areas of modern medicine. Such developments tends to attract huge demand for the advanced wound care products.

m a S

Global Advanced Wound Care Devices Sales (USD), 2017-2024 XX

XX XX XX

XX XX

Number of Foot Ulcer Cases Caused By Diabetes, 2017-2024

XX XX XX

2016 2017 2018 2019 2020 2021 2022 2023 2024

Source: Goldstein Research

Impact Analysis: There has been growth in the number of patients suffering from chronic diseases which accounts for the growth in wound care management. Advancement in the wound care management over the past few years has increased the awareness among the patients and is thus driving the application of Advanced Wound Care. Copyright

High

Medium

Impact on Global Advanced Wound Care Market www.goldsteinresearch.com

Low

Market Restraints

m a S

e l p

High Cost of Advance Wound Care Management



Wound care products promote the wound healing process and reduces the recovery time. These products are sterile in nature and prevent the contamination of wounds during the treatment. Traditional wound dressings are generally used to treat acute wounds by promoting wound healing process. The advanced wound dressings are used to treat chronic wounds, which fail to heal properly in timely manner.



However, the high cost associated with wound treatments involving the usage of advance wound dressings as well as high technical assistance required for the utilization of wound closure products are the key restraint in the growth of the wound care market worldwide. The high cost of advanced wound care products, such as foams, hydrocolloids, film, alginate, hydrogel, and collagen, limits the affordability of the users. This hampers the growth of global wound care market. Moreover, the wide range of wound dressings and their associated costs present a challenge for healthcare professionals who are managing wounds

Adoption Rate of Advanced Wound Care Parallel to That of Tablets XX% of Americans in 2015 owned a tablet after just two years on the market.

XX% of Americans own a tablet today.

2012

2014

Sample

XX% of American adults already own a smart glass

? of American adults will own a smart glass in two years

2014

2016

Impact Analysis: Advanced Wound Care adoption has limitation by their price, replacement period and usefulness. As per the consumer survey, consumers are more willing to adopt technology if an institution pays for it.  Moreover XX% of consumers say they would NOT need their wearable device to replace an existing piece of technology in order to justify its purchase.

Impact on Global Advanced Wound Care Market High

Medium

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Low

Global Advanced Wound Care Market Outlook : 2017-2024

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Global Advanced Wound Care Market Outlook : 2017-2024 Global Advanced Wound Care Market Share (%), By Product Type, 2017-2024

Dressing XX%

XX%

Active Wound Care

2016

Therapy devices

XX%

2024

XX%

m a S

ď&#x201A;§The therapy devices accounts for highest market share of XX% in 2016, worth a market size of USD XX billion. Over the forecast period the exponential rise in demand of therapy devices owing to increasing consumer awareness & technological advancement is expected to boost the market for therapy to reach a market size of USD XX billion by 2024 growing at XX% CAGR over the forecast period.

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ď&#x201A;§ The prevalence of pressure ulcers varies between XX% to XX% per Source: Goldstein Research year, with increasing incidence with Global Advanced Wound Care Market Y-O-Y Growth, By Product advancing age. The NPWT (negative Type, 2017-2024 pressure wound therapy) technology has been widely adopted for the management of surgical wounds, especially those which need to heal by secondary XX% XX% XX% XX% XX% intention. NPWT devices are XX% XX% XX% XX% marketed for wounds such as open abdominal incisions, dehisced surgical wounds, burns, preparation for skin graft sites, and traumatic wounds 2016e 2017e 2018f 2019f 2020f 2021f 2022f 2023f 2024f Source: Goldstein Research

Global Advanced Wound Care Market Size (USD Billion), By Product Type -2017-2024 XX XX

2016 Dressing

2024 Active Wound Care

Therapy devices

Source: Goldstein Research

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Global Advanced Wound Care Market Attractiveness and BPS Analysis, By Product Type, 2017-2024 Global Advanced Wound Care Market Attractiveness, By Product Type, 2017-2024 XX% XX%

CAGR (%)

XX% XX% XX% XX% XX% XX% XX

Market Size (USD Billion) Active Wound Care

Dressing

Source: Goldstein Research

m a S

e l p XX

Therapy devices

Water based adhesive segment holds the largest revenue share in the global Advanced Wound Care market as this segment constitutes which is impacted by the rising cognizance among the household users and thus it is likely to expand at XX% CAGR during the forecast period.

Sample

Advanced Wound Care market is relying on the adoption of EHR (Electronic health record) software by various wearables facility providers in order to stand ahead in future. Behavioral health EHR creates a world of difference to the staff and patients and goes the extra mile giving advanced capabilities such as it include support for documenting violence risk factors, suicide risk factors, or sadness scales.

Global Advanced Wound Care Market BPS Analysis, By Product Type, 2017-2024 XX% XX% XX%

XX%

Therapy devices

XX%

XX% XX% XX%

31%

Active Wound Care 30%

XX% XX%

Dressing

XX% XX%

33%

32%

2016

2024

XX%

Source: Goldstein Research

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Regional Analysis of Asia Pacific Advanced Wound Care Market

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Asia Pacific Advanced Wound Care Market Size (USD Billion) & Y-O-Y growth (%), By Region- 2017-2024 Asia Pacific Advanced Wound Care Market Size(USD Billion)-2017-2024

XX% XX

XX%

XX XX

CAGR: (2017-2024)

XX XX

XX%

e l p XX% XX%

XX%

XX XX

XX XX 2016e

2017e

Source: Goldstein Research

XX%

XX% XX%

2019f

XX%

2020f

2021f

28.00% XX

XX% XX% XX%

2022f

2023f

Asia Pacific Advanced Wound Care Market Size (USD Billion), By Product Type-2017-2024

XX XX

XX% XX%

XX%

m a S 2018f

Asia Pacific Advanced Wound Care Market Size (USD Billions), By Country-2017-2024

XX%

XX XX

XX% XX% XX% 2016

China

India

2024

Australia

Japan

Source: Goldstein Research

2016 South Korea

Dressing

2024 Active Wound Care

Therapy devices

Source: Goldstein Research

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Asia Pacific Advanced Wound Care Market Outlook, 2017-2024

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India Advanced Wound Care Market Size (USD Billion) & Y-O-Y growth (%), 2017-2024 India Advanced Wound Care Market Size (USD Billion), Compound Annual Growth Rate (%), YO-Y Growth Rate (%), 2017-2024 XX% XX

XX XX

XX%

XX XX XX

XX%

XX XX XX 2016e

m a S XX%

XX%

2017e

e l p XX

CAGR: (2017-2024) XX

XX%

2018f

XX%

2019f

Source: Goldstein Research

Key Insights

XX%

2020f

XX%

2021f

XX%

2022f

XX% XX% XX% XX% XX%

XX%

XX% XX% XX% XX%

2023f

India Wound Care Market Share (%), 2016

India advanced wound care market was estimated at USD XX billion in 2016 and by 2024, it is estimated to reach around USD XX billion. In 2016, total market of advanced wound care in India acquired XX% market share of the total wound care market.

XX%

India advanced wound care market earned USD XX billion from the negative pressure wound therapy (NPWT) devices and USD XX billion from hyperbaric oxygen chambers (HBOT) devices. Further, the dressing segment of wound management accounted for USD XX billion in 2016, accounting for XX% market share of all the wound care products. Further, various leading companies in advanced wound care products have established their manufacturing units in India due to cheap price raw material & growing economy outlook. In 2016, XX units exports from India was recorded. Copyright

XX%

Traditional

Active

Advanced

Source: Goldstein Research

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India Advanced Wound Care Market Outlook, 2017-2024 India Advanced Wound Care Devices Market Revenue, (USD Million), 2017-2024 Year/ Therapy Devices

2016

2017

2018

2019

2020

2021

2022

2023

2024

Negative Pressure Wound Therapy

Pressure relief devices

Hyperbaric Oxygen Chambers (HBOT)

Wound Debridement devices

Physical Therapies

2019

2020

Source: Goldstein Research

m a S

e l p

India Trade (in Value & Volume) Of Advanced Wound Care Devices, 2017-2024

Year/ Trade

2016

2017

2018

2019

2020

2016

Value (USD)

2017

2018

Volume (in Units)

Imports

Exports

Source: Goldstein Research

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Asia Pacific Advanced Wound Care Market Attractiveness-By Country, 2017-2024 Asia Pacific Advanced Wound Care Market Attractiveness-By Country, 2017-2024 XX% XX%

CAGR (%)

XX% XX% XX% XX% XX% XX

e l p Sample m a S XX

Market Size (USD Billion)

Japan

China

Australia

India

South Korea

Source: Goldstein Research

According to the above graph, China Advanced Wound Care market is anticipated to be the most attractive market across all the countries in Advanced Wound Care market, for new entrants looking to enter in the market, existing players looking for business expansion and investors seeking investment opportunities over the forecast period i.e. 2017-2024 Asia Pacific Advanced Wound Care market is still at nascent stage due to lack of investments and technological resources in this field. But as per Mental Health Commission of Canada, 2012 strategies

Asia Pacific Advanced Wound Care Market BPS Analysis- By Country, 2017-2024 XX% XX%

XX%

XX% South Korea

XX% XX%

Japan XX%

XX%

Australia

XX%

India

XX%

XX% XX%

15%

China

16%

XX% XX%

22%

23%

2016

2024

XX%

Source: Goldstein Research

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Global Advanced Wound Care Market Outlook Outlook : 2017-2024

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Global Augmented Reality Market Outlook Microsoft (Company Overview & Business Strategy)

Founded 1949

Employees 88,000

Company Overview

Website www.medtronic.com

Headquarters Ireland

Key Products



Medtronic is one of the largest healthcare organizations



The Company is traded on the New York Stock Exchange (NYSE)



Medtronic operates in more than 155 countries worldwide with more than 260 locations



Medtronic is a healthcare industry which provides various healthcare devices to medical facilities across the globe



The company have various centers of R&D, manufacturing, distribution & education

e l p m a S

Ablation Systems Pacemakers

Coronary stents

Monitoring Systems

Sleep-Disordered breathing products Ventilator filters

Business Strategy



Acquisitions & Expansion: Medtronic is focusing on the expansion of its product portfolio due to rising in demand for healthcare facilities worldwide. The company is working on expansion of products and services by investing in research & development of healthcare facilities and through acquisitions as well. Medtronic acquires many leading healthcare organizations like Heartware, Covidien, etc. to expand its business in healthcare industry and became a leading organization across the globe.



Revenue of the company witnessed a revenue of USD XX Million as the demands of healthcare facilities increases and the net sales reaches USD XX Million in the FY2015 from USD XX Million in FY2014



Revenue of the company during FY 2014-FY 2015 recorded a Y-O-Y growth of XX% as the demands of healthcare equipment increase in many nations across the globe

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Global Advanced Wound Care Market Outlook XX

Revenue (USD Billion)

Medtronic (Revenue & Financial Analysis) XX

2014

e l p m e 2015

2016

l a S p m

Fig: 9-2 Material Handling Equipment Sales (Thousand Units), 2014-2016 Fig: 9-3 Hertz Corporation Corporation Revenue (USD Billion), 2014-2016 XX

XX XX

XX XX 2014

a S

XX XX

Business Strategy

2015

XX XX XX XX

2016

2014

2015

www.goldsteinresearch.com

2016

Global Advanced Wound Care Market Outlook Medtronic (Business Segments & Recent News)

Fig :- 9-4 Medtronic Revenue (%)-By Business Segments, 2016 XX%

XX%

Autom otive XX%

XX%

Fig :- 9-5 Medtronic Revenue (%), By Region, 2016

XX%

Materi al Handli ng

XX%

Japan NorthAmerica

XX%

Europe Asia XX%

e l p m

Other

Key Findings

 Hertz Corporation Corporation (TICO) has signed an agreement to acquire Vanderlande – the global market leader for value-added logistic process automation at airports and in the parcel market, as well as being a leading supplier for warehouses – from the company’s current owner NPM Capital

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 Hertz Corporation Corporation announces that it has concluded an agreement with major North American materials handling systems integrator Bastian Solutions LLC (“Bastian”) to acquire the company. The acquisition of Bastian signify Hertz Corporation' full-scale entry into the North American materials handling solutions industry amid the e-commerce boom. Strategy Business  To expand company’s presence in emerging countries, Hertz Corporation acquired the lift truck business of Taiwan-based Tailift Co., Ltd. In August 2015. By capitalizing on Tailift’s strength, company aimed to increase its sales in emerging c9oountries where market expansion is expected over the medium to long term.

Improves quality control structure and globalization: The company has adopted various methods to enhance their manufacturing structure which helps the company to improve the quality of their automobile products. Moreover, the company is looking forward towards expansion of globalization. Medtronic Motors adopted Hertz Corporation Global Vision in 2011 to improve the quantitative expansion across the globe. The company is investing a huge amount for research and development activities to introduce the future of material handling equipment such as hydrogen powered forklifts and automated guided vehicles. The company spend USD 588.11 Million in 2016 for research and development of their products and services. Hertz Corporation motors is one of the largest automobile and mental health software across the globe and expected to lead other global companies in near future.

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Medtronic : Business Strategy

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Global Advanced Wound Care Industry Outlook

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Expert Analysis  In 2016, Advanced Wound Care Market was dominated by wound dressing segment accounted for nearly XX% of the total Asia-Pacific & Africa point of care market and remaining XX% went for different end-use segments such as homecare settings. The main reason for this despaired share is due to the rising demand for point of care testing devices in Advanced Wound Care on the back of their advantages such as faster and precise results  However, as the medical device technology is on rise (especially in developing countries), the Africa therapeutic market is projected to reach USD XXXX million in 2023 from USD XXXX million in 2016, registering a growth rate of XX%. In addition to that, Africa pharmaceutical market touched USD XXXX million in 2016 and rising demand for prescription medicines in the region is expected to accelerate the market to USD XXXX million by the end of 2023

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 As a result, if seen from the big market point of view, blood glucose monitoring devices demand is higher in homecare settings followed by Advanced Wound Care . Moreover, the rising wearables expenditure in Africa on the back of new wearables reforms and rising investment in wearables sector is expected to bolster the growth of point of care testing devices in Africa & Asia-Pacific region  With USD XXXX million in 2016, blood glucose monitoring devices has the highest demand followed by located hemoglobin (HbA1c) testing devices and blood collection devices. The advancement in diagnostic devices are encouraging the hospitals and Advanced Wound Care to adopt the advanced devices to obtain accurate diagnosis Business Strategy data. The precise data would further help the physicians to provide better treatment to the patients

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 Further, increasing spending by government authorities on research and development of innovative and advanced medical devices along with rising disease burden are some of the major reasons behind the spiked growth of Asia-Pacific & Africa point of care testing (POCT) devices market  Further, increasing spending by government authorities on research and development of innovative and advance connected devices along with rising disease burden are some of the major reasons behind the spiked growth of Middle East & Africa Advanced Wound Care market.

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Global Advanced Wound Care Market Outlook

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Global Advanced Wound Care Market Outlook

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