Report : Spain Advanced Wound Care Market Size and Forecast (2021 - 2031), Country Share, Trend, and Growth Opportunity Analysis Report Coverage: By Dressings (Foam Dressings, Hydrogel Dressings, Hydrocolloid Dressings, Alginate Dressings, Silver Dressings, Superabsorbent Dressings, Post Operative Dressings, Film Dressings, Wound Contact Layers, and Others), Application (Ulcers, Surgical Wounds, Traumatic Wounds, Burns, and Others), and End User (Hospitals and Clinics, Ambulatory Care Centers, Wound Care Centers, and Others)
Ulcers Segment, by Application to Account Larger Share in Spain Advanced Wound Care Market during 2023–2031
According to our latest study on "Spain Advanced Wound Care Market Forecast to 2031 – County Analysis – Offering, Payment Type, Facility, Application, and End User," the market size is expected to grow from US$ 170.40 million in 2023 to US$ 249.69 million by 2031; it is anticipated to record a CAGR of 4.9% from 2024 to 2031. The report emphasizes the Spain advanced wound care market trends, and the drivers and deterrents affecting its growth. Increasing prevalence of chronic diseases such as diabetes and cancer that can cause wounds and rising incidence of traumatic injuries drive the market growth. However, the high cost of advanced wound care treatments and lack of reimbursement hinder market growth.
Wound care and wound dressing have broad applications in traumatic injuries. According to data provided by National Road Safety Profile published by European Commission, ~1,370 deaths were reported due to traffic accidents in Spain in 2020. As per the data released by ‘DIRECTORATE-GENERAL FOR TRAFFIC’ in 2021, Spain recorded ~1,533 deaths due to road accidents. These accidents often cause severe injuries and blood loss. Individuals affected in accidents require immediate medical attention and sometimes surgical intervention for immediate relief. Therefore, an increase in road accidents across the country boosts the demand for advanced wound dressing products.
According to the Spanish National Statistics Institute, ~20% of the total population of Spain was aged about 65 years in 2022. Older adults are more prone to traumatic wounds than younger people due to the increase in incidents of falls with age. Also, the effect of wounds on quality of life is particularly deep in the geriatric population. The process of traumatic wound healing is slow in the aging population due to the basic biology underlying traumatic wounds and the influence of age-associated changes on wound healing. Therefore, the rise in demand for advanced wound care products due to the increase in a number of traumatic injury cases in the geriatric population drives the Spain advanced wound care market growth.
Key segments that contributed to the derivation of the Spain advanced wound care market analysis are dressings, application, and end user.
Based on dressings, the Spain advanced wound care market is segmented into film dressings, hydrogel dressings, alginate dressings, silver dressings, hydrocolloid dressings, post-operative dressings, foam dressings, superabsorbent dressings, wound contact layers, and others. The foam dressings segment held the largest Spain advanced wound care market share in 2023. Foam dressings are made of semipermeable polyurethane and have a hydrophobic outer layer. The dressing is suitable for moderate to high amounts of exudate wounds. It maintains a moist environment that helps heal the wound and traps bacteria and other contaminants. Foam dressings are applied to abrasions, incisions, lacerations, pressure ulcers, draining wounds, leg ulcers, diabetic foot ulcers, traumatic wounds, and dry or necrotic wounds. The outer layer of the dressing may be waterproof or hydrophobic. Foam dressings are available in various sizes and shapes.
By application, the Spain advanced wound care market is categorized into surgical wounds, burns, traumatic wounds, ulcers, and others. The ulcers segment held the largest share of the market in 2023. Ulcers are sores or eroded areas that are located in the lining of the stomach or duodenum. Ulcers, if left untreated, can cause problems such as significant pain and severe bleeding. Recent medical advances have increased understanding of ulcer formation. Improved and expanded treatment options are also available for ulcer treatment. The types of ulcers are diabetic foot ulcer, venous leg ulcers, pressure ulcers, and arterial ulcers. Rising prevalence of chronic diseases in Spain leads to an increase in the number of ulcer cases. Owing to these factors, the Spain advanced wound care market for the ulcers segment witnesses growth at a considerable rate.
Based on end user, the Spain advanced wound care market is segmented into hospitals and clinics, ambulatory care centers, wound care centers, and others. The hospitals and clinics segment held the largest Spain advanced wound care market share in 2023. Hospitals are the essential parts of the healthcare system of Spain. Hospitals provide comprehensive healthcare and medical services to patients suffering from acute and chronic wounds. The increasing incidence of venous leg ulcers and diabetic foot ulcers and the rising number of surgical wound cases drive the Spain advanced wound care market growth for the hospitals and clinics segment. Clinics provide treatment for patients affected by chronic and complex wounds. Using the latest technologies and methods, care is provided by specialized surgeons who aim to reduce pain while providing effective treatment in clinics. The processes are internationally certified, and complications can be kept to a minimum. Since clinics use advanced technologies, effective treatment leads to the growth of the market for the segment.
Smith & Nephew Plc, B Braun SE, Integra LifeSciences Holdings Corp, Convatec Group Plc, 3M Co, Molnlycke Health Care AB, Paul Hartmann AG, Laboratoires Urgo (Urgo Medical), Cardinal Health Inc, Medtronic Plc, Coloplast Corp, Essity AB, Histocell, and Scapa Group Ltd are among the leading companies operating in the Spain advanced wound care market.
Companies operating in the Spain advanced wound care market adopt various organic and inorganic strategies. Organic strategies mainly include product launches and product approvals. Acquisitions, collaborations, and partnerships are among the inorganic growth strategies witnessed in the Spain advanced wound care market. These growth strategies allow the market players to expand their businesses and enhance their geographic presence, thereby contributing to the overall Spain advanced wound care market growth. Further, acquisition and partnership strategies help them strengthen their customer base and expand their product portfolios.
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