Vietnam infectious wound care management market is projected to grow from $xx Mn in 2022 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2022 - 2030. The market is expanding as a result of the ageing population, the prevalence of chronic diseases, and technologically advanced and lifestyle-related wound care products. The key players in this market are Smith & Nephew, Mölnlycke Health Care AB, ConvaTec Group PLC, Ethicon (Johnson & Johnson), Baxter International, URGO Medical, Coloplast Corp, Medtronic, 3M, Derma Sciences Inc. (Integra LifeSciences), Medline Industries, Advancis Medical, B. Braun Melsungen AG.
Vietnam Infectious Wound Care Management Market is valued at around $62.5 Mn in 2022 and is projected to reach $79.7 Mn by 2030, exhibiting a CAGR of 3.08% during the forecast period 2023-2030.
Diabetes patients frequently develop diabetic foot ulcers, which are treated using wound care solutions. For example, more than 25% of patients with diabetes may get diabetic foot ulcers, and 20% of people with diabetes may require foot amputation. Hydrocolloid dressings are one type of wound care product that help with moisture retention and speed the healing of both interior and exterior wounds. The management of surgical site infections also gains from these chemicals' facilitation of the absorption of necrotic tissues. The wound care business is expected to increase over the projection period due to the increasing preference among healthcare professionals for wound care products to treat infections. The category that sold sophisticated wound dressings had the biggest sales share in 2022. One of the main reasons it is so prevalent is the rise in burn injuries. One of the key variables affecting the wound care market is the rising number of burn damage patients globally. It is encouraging the creation of brand-new, state-of-the-art biologics, grafts, and burn therapy dressings. The key players in this market are Smith & Nephew, Mölnlycke Health Care AB, ConvaTec Group PLC, Ethicon (Johnson & Johnson), Baxter International, URGO Medical, Coloplast Corp, Medtronic, 3M, Derma Sciences Inc. (Integra LifeSciences), Medline Industries, Advancis Medical, B. Braun Melsungen AG.
Market Growth Drivers
One of the key variables affecting the wound care market is the rising number of burn damage patients globally. It is encouraging the creation of brand-new, state-of-the-art biologics, grafts, and burn therapy dressings. Additionally, it is projected that an expansion in the number of ambulatory surgery centres will fuel the market (ASCs). ASCs offer a variety of medical services, such as surgery, diagnostic procedures, and wellness examinations. Procedures related to the gastro-intestinal (GI) system, urology, orthopaedics, restorative, reconstructive, or alternative plastic surgery are performed at ambulatory surgical centres. Additionally, it is projected that as severe injuries rise globally, the wound care industry will expand. For instance, the WHO estimates that 22,941 deaths, or nearly 33 percent of all fatalities in Thailand each year, are believed to be the result of traffic-related accidents. Collagenase-based enzymatic wound debridement techniques are frequently used to treat such acute wounds. The need for wound care supplies is therefore predicted to increase as a result of these circumstances.
Market Restraints
The high price of wound care and injury solutions restricts market growth. Market growth is restricted by the high cost of current damage goods and the limited capacity of non-industrial nations to recover these expenses. In developing countries, personal expenses make up a sizable amount of the entire cost of healthcare, which further restricts the use of sophisticated tools and bandages for the treatment of chronic wounds. This constrains the growth of the market.
Key Players
1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country
2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)
3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints
4. Competitive Landscape
4.1 Major Market Share
4.2 Key Company Profile (Check all Companies in the Summary Section)
4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)
5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment
6. Methodology and Scope
By Type
By Mode of Purchase
By End-user
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