Germany Advanced Wound Care Market is expected to grow with the CAGR of 5.5% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.
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Advanced wound care market is a highly consolidated market, which includes specific number of key players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in Germany advanced wound care market are introducing strong range of products provider along with launching new products and adopting strategic initiative such as acquisition, agreement into the market. This helped companies to maximize the sales with enhanced product portfolio. For instance,
Smith & Nephew is the dominating player in Germany advanced wound care market. The other key players existing in the market includes 3M, Medline industries, Mölnlycke Health Care AB, Convatec Group PLC among others.
The company was established in 1856, headquartered in Hertfordshire, U.K. The company is engaged in developing, manufacturing and marketing novel solutions for orthopaedics, advanced wound management and sports medicine & ENT. The company offers its product in different categories such as advanced wound management, orthopaedic reconstruction, robotics-assistance, sports medicine, trauma & extremities, ear, nose and throat. The market focused product is advanced wound management. The company has wide global presence such as Africa, Asia, Europe, Americas, Australasia and Middle East. The companies has various subsidiaries including ArthroCare (U.S.), Osiris Therapeutics (U.S.), Ceterix Orthopaedics Inc (U.S.), Smith and Nephew, Inc. (U.K.), Blue Belt Technologies Inc (U.S.) among others.
3M, headquartered in Minnesota, U.S. was founded in 1902. The company focuses on the development, manufacturing and distribution of a range of products for industrial safety, graphics, healthcare, and electronics among others. The company offers its products in several categories such as automotive, commercial solutions, design & construction, electronics, energy, healthcare, manufacturing, mining, oil & gas, safety and transportation. Market focused segment is healthcare. The company has various subsidiaries around the world including 3M Japan Limited (Japan), Meguiar's, Inc (U.S.), 3M India Limited (India), 3M Thailand Limited (Thailand) among others. The company has its presence in Americas, Europe, Middle East & Africa, and Asia-Pacific.
Medline Industries Inc.:
Medline Industries, Inc., headquartered in Illinios, U.S. was founded in 1910. The company deals in supplying and manufacturing medical supplies. It offers various products related to wound and skin care, sterile and electrosurgical face masks, incontinence products, medical equipment, and others. The company has its products in different categories such as advanced wound care, anesthesia, apparel, beds & mattresses, central sterile, diagnostics, durable medical equipment (DME), environmental services (EVS), equipment & furnishings, foot & ankle, gloves, incontinence, infection prevention, lab supplies, nursing supplies/patient care, nutrition, office supplies, OR/surgery, pharmacy, punctal occlusion, respiratory, skin care, textiles, therapy & rehabilitation, urology & ostomy, vascular access, wound care, and specialty products. The market focused segment is advanced wound care. The company has wide presence across North America, Europe, and Asia & Oceania. The company also generates its revenue from the subsidiaries companies such as Centurion Medical Products (U.S.), Chester Packaging LLC (U.S.), Professional Hospital Supply, Inc. (U.S.), and Precept Medical Products, Inc. (U.S.) among others.
Germany Advanced Wound Care Market – Industry Trends and Forecast to 2027