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The India advanced wound care management market provides products for effective treatment of acute and chronic wounds. Wound care products help manage wound infection, moisture balance, non-adherence, and healing. Products include wound contact layers, wound fillers, antimicrobial dressings, wound films, foam dressings, hydrocolloids, hydrogels, alginates and wound therapy devices. They help create a moist healing environment, manage wound exudate and infection, protect from trauma, and aid natural healing process. The growing geriatric population in India is prone to developing chronic wounds like pressure, diabetic and venous ulcers which demand effective wound management.
The Global India Advanced Wound Care Management Market is estimated to be valued at US$ 302.98 Mn in 2024 and is expected to exhibit a CAGR of 7.3% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the India advanced wound care management are Toshiba Corporation, Carestream Health, General Electric Company, Hitachi Ltd., Siemens Healthcare Private Limited, Koninklijke Philips N.V., Shimadzu Corporation, MinXray Inc., KA Imaging, Samsung Group, OXOS Medical, InnoCare Optoelectronics, Siemens Healthineers, Shimadzu Medical Systems USA, Konica Minolta Healthcare Americas Inc., Canon Inc., Boston Imaging, Nanox, Fujifilm, Scanna-MSC, VUNO, and Canon Medical Systems USA Inc. A growing geriatric population, increasing incidence of lifestyle diseases like diabetes and a lack of physical activity has increased the prevalence of chronic wounds in India. Technological advancements are helping provide advanced wound dressings that enhance healing and can be used with digital wound photography and analytics to assess healing effectiveness.
Market trends
Hydrogel and foam dressings are gaining popularity as they can maintain a moist environment necessary for wound healing. Antimicrobial dressings based on silver, polyhexamethylene biguanide and iodine are widely used to prevent wound infection. Negative pressure wound therapy systems that use controlled suction are being increasingly adopted to heal complex wounds. Machine learning and artificial intelligence are enabling advanced analysis of wound images to assess healing progression over time.
Market Opportunities
Rising medical tourism and increasing healthcare spending provides significant opportunities for growth of advanced wound management in India. Production of affordable products tailored for the Indian population can tap the large untapped rural market. Integration of wound dressings with disposable sensors to monitor healing parameters opens up new opportunities. Training of healthcare professionals on use of advanced wound care products can help optimise treatment outcomes.
Impact of COVID-19 on India Advanced Wound Care Management Market
The COVID-19 pandemic has significantly impacted the growth of the advanced wound care management market in India. During the initial lockdown phase, non-critical procedures and routine check-ups were postponed, which led to a decline in demand for advanced wound care products. However, with the reopening of healthcare facilities and resumption of non-COVID treatments, the market is gradually recovering.
The rising cases of diabetes, obesity and associated comorbidities have resulted in an increase in chronic and hard-to-heal wounds among Indian population in the pre-COVID era. Advanced wound dressings, grafts and skin substitutes were widely used for effective treatment of such wounds. But due to restricted movement and fear of virus transmission during the peak pandemic period, many chronic wound patients delayed their wound care consultations and dressing changes. This led to complications and slower healing in some cases.
With improved COVID-19 management and preparedness of healthcare systems post-vaccination, chronic wound care services are being prioritized now. Manufacturers are focusing on development of antimicrobial wound dressings and therapies to prevent wound infections in this situation. Telemedicine and digital health solutions are also being leveraged for remote monitoring and management of stable chronic wounds. Overall, while the short-term growth was impacted, the long-term demand outlook for advanced wound care in India remains positive given the growing prevalence of associated medical conditions. Robust government support and initiatives are further expected to fuel the market in the future.
Geographical Regions with highest market concentration
Currently, in terms of value, the advanced wound care management market in India is highly concentrated in major metropolitan cities like Delhi, Mumbai, Kolkata, Chennai, Bangalore, Hyderabad and Ahmedabad. This is due to higher accessibility to specialty healthcare services and facilities in urban territories. The availability of knowledgeable wound care specialists and modern infrastructure for treating complex wounds attracts patients from surrounding districts as well.
Fastest growing region
Despite initial setbacks, it is projected that the Southern region comprising states such as Tamil Nadu, Karnataka, Telangana and Kerala will witness the fastest value growth in the Indian advanced wound care management market growth over the coming years. This is attributed to increasing governmental focus on strengthening public healthcare, especially for NCD management in this region. Favorable medical reimbursement policies are further facilitating wider adoption of advanced wound therapies. The growing medical tourist inflow to cities like Chennai and Bangalore presents opportunities for market expansion.
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