Acelity L.P. Inc., Smith and Nephew and ConvaTec, Inc are dominating the market for global advanced wound care dressings market in 2016

Global Advanced Wound Care Dressings Market is expected to reach USD 13,326.6 million by 2024 from USD 6,549.0 million in 2016, at a CAGR of 9.6%. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.Global Advanced Wound Care Dressings MarketThe global advanced wound care dressings market is highly concentrated to a few big players and rest to local players who cater to domestic markets only. The global advanced wound care dressings market is dominated Acelity L.P. Inc., followed by Smith and Nephew and ConvaTec, Inc,.

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Acelity L.P. Inc.:

Acelity L.P. Inc. was founded in 1976 and it is headquartered at Texas, U.S. a global medical technology which looks into the commercialization and development of both regenerative medicine solutions and advanced wound care. It is formed by joining three organizations named, KCI, LifeCell and Systagenix. It basically looks into two business segment Advanced Wound Therapeutics and Regenerative Medicine. Advanced Wound Therapeutics focusses on evolution and commercialization of advanced wound dressings and advanced devices whereas, Regenerative medicine looks into the development of reconstructive and regenerative acellular tissue matrices in respect of reinforcement of defect of soft tissue. They had the presence in nearly 80 countries.

SMITH AND NEPHEW:

Smith and Nephew was founded in 1856 and headquartered in London, United Kingdom. Smith and Nephew support healthcare professionals in their daily efforts to improve the lives of their patients. Company supports healthcare professionals in more than 100 countries in their daily efforts to improve the lives of their patients by taking a pioneering approach to the design of our advanced medical products and services, by securing wider access to our diverse technologies for more customers globally, and by enabling better outcomes for patients and healthcare systems. The company's operations span across North America, Europe, Middle East, Africa, Asia, and rest of the world.

Smith and Nephew operate through four business segments: orthopedics reconstruction, advanced wound management, sports medicine, and trauma & extremities. Smith and Nephew deal in advanced wound care dressings management products for the treatment of acute and chronic wounds, including leg, diabetic, pressure ulcers, burns and post-operative wounds.

MOLNLYCKE HEALTHCARE:

Molnlycke was founded in 1849, and is headquartered in Gothenburg, Sweden. Mölnlycke Health Care is a world-leading medical products and solutions company that equips healthcare professionals to achieve the best patient, clinical and economic outcomes. Company design and supply products and solutions for use in wound treatment, pressure ulcer, infection prevention and surgery. The company's operations span across North America, Europe, Middle East, Africa, Asia, and rest of the world.

The company operates through ten business segments, namely, infection prevention, pressure ulcers, O.R. efficiency, diabetic foot ulcers, venous leg ulcers, solution for burns, post operative blistering, radiotherapy, negative pressure wound therapy, and patient warming. Molnlycke deals in advanced wound care dressings product for treatment of chronic wound such as pressure ulcers, diabetic foot ulcers, venous ulcers, and burns.