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#Hemostatic Wound Dressing Market trends
seolinkbiulding · 2 years
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blueweavelaltusinha · 2 years
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Saudi Arabia Bioadhesives Market Trends, Insight, Report 2023-2029
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Saudi Arabia bioadhesives market size at USD 102.05 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the Saudi Arabia bioadhesives market size to grow steadily at a CAGR of 4.77% reaching a value of USD 139.53 million by 2029. The Saudi Arabia bioadhesives market is witnessing a significant boost in the demand for bioadhesives owing to the shift from synthetic polymers to natural biobased polymers and stringent government regulations on environment-degrading materials. Expanding the application of bioadhesives in a wide range of industries, including medicine and construction, is also offering lucrative growth opportunities to the players in Saudi Arabia bioadhesives market.
Saudi Arabia Bioadhesives Market – Overview
Natural polymeric substances called bioadhesives function as adhesives. In clinical settings, bioadhesives have proven to be superior to tissue adhesives, hemostats, and tissue sealants. Due to the inherent stickiness, the applications have been broadened to include the fixation of medical devices as well as functional wound dressing and factor delivery vehicles. Although a wide range of materials can be used to make bioadhesives, proteins and carbohydrates are frequently included. They have quickly acquired popularity as an alternative to conventional synthetic adhesives because of their cost-effectiveness, sustainability, and sensitivity to the environment.
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Saudi Arabia Bioadhesives Market – By Application
Based on application, the Saudi Arabia bioadhesives market is segmented into packaging & paper, construction, wood, personal care, medical, and others. The medical segment accounts for the highest share in the market owing to the rising demand for renewable and environmentally friendly products. In general, bioadhesives are utilized in hemostasis and wound healing, and their usage is only beginning in other biomedical applications including tissue engineering and regeneration. With expanding government investments in the healthcare sector and increasing accessibility, the demand for bioadhesives is projected to surge during the forecast period.
Impact of COVID-19 on Saudi Arabia Bioadhesives Market
The unanticipated COVID-19 pandemic restricted the Saudi Arabia bioadhesives market from advancing. Construction, paper and packaging, and personal care were among the key end-user industries of the bioadhesives market that temporarily halted operating, which significantly reduced the demand for these products. As there was a significant risk of contamination in healthcare facilities, the medical industry in particular was disrupted and overworked at this time, and the availability of wound dressings was also constrained. It also limited the growth of Saudi Arabia bioadhesives market.
Competitive Landscape
Major players operating in the Saudi Arabia bioadhesives market include DuPont, Henkel AG & Co. KGaA, H.B. Fuller, Ashland Global Holdings Inc., Pidilite Industries Limited, 3M, Arkema S.A., The Dow Chemical Company, Huntsman Corporation, and Jowat SE. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
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pharmainsights · 2 years
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NexoBrid and its Awaiting US Approval
Burns Market Insights and Trends
A burn occurs when the skin comes into touch with a heat source. Burns can develop from a variety of causes. In that order, fire/flame, scalds, hot items, and electrical and chemical agents are the most frequent causes of burns. Burns is one of the most frequent injuries treated in emergency rooms worldwide. Despite advances in emergency management, Burns still has a high morbidity and fatality rate. The categorization of a burn determines how it will be treated, making it crucial to identify burns correctly to maximize care and offer reliable prognoses. In the present Burns market environment, drugs, wound dressings, therapy, and surgery are the basic treatments for skin burns. Controlling discomfort, removing dead tissue, avoiding infection, lowering the risk of scarring, and regaining function are the main objectives of treatment. The course of treatment depends on how severe the burn is. The market for burn treatments is predicted to grow due to factors such as the rising number of surgical procedures, the availability of several treatment options, and attractive reimbursement policies. The Burns market may be hampered by the strict regulatory requirements for the licensing of novel treatments or medications, as well as the high cost of the treatments.
Severe burns are caused by contact with fire, accounting for about 40% of all cases. Although contact (almost 9 percent), scald (nearly 31 percent), electrical (nearly 4 percent), chemical (nearly 3 percent), radiation, frostbite, and unknown/unspecified causes are all among the primary causes of burns.
According to DelveInsight's analysis, men make up the bulk of Burns injury cases receiving medical attention since they are more likely to develop the condition than women do at work. In the United States, there were 251,944 female cases and 411,066 male cases of treated burn injuries in 2020. First-degree, second-degree, third-degree, and unspecified Burns severity-specific estimated cases were observed to be 144,536, 387,198, 19,890, and 111,386 in the United States in the same year. The Burns Market Report presents an epidemiological analysis of the 7MM split into incident cases of burn patients needing treatment, cases of treated burn injuries according to gender, etiology, severity, and incident cases of treated burn injuries requiring hospitalization.
Burns Market
According to their intensity, burns are divided into four categories: first-degree (superficial), second-degree (deep partial-thickness), third-degree (full-thickness), and fourth-degree (damage to deeper tissues). The experts at DelveInsight expect that there will be 2.4 million burn cases reported in the US in 2021, with 27% of those instances requiring medical attention. The prevalence of burns is predicted to rise, there are many different treatment options available, and there have been breakthroughs in burn care products and therapies. Third-degree burns are most susceptible to consequences, such as infections, blood loss, and shock, when compared to first- and second-degree burns. Moreover, morbidity and fatality rates tend to rise when the burn's surface area grows. Approximately 6.5% of the burn victims are treated in specialized burn centers.
MediWound’s Lead Burns Product – NexoBrid
With its primary product, NexoBrid, in the Burns pipeline, MediWound is predicted to be a rising star in the Burns market. With the biological medicine NexoBrid, MediWound, an Israeli pharmaceutical business, joined the burns pharmaceutical market in 2012. This was almost ten years ago. It was given commercial authorization for treating people with severe burns or deep partial- and full-thickness burns in Europe and other nations. NexoBrid reported good pediatric data despite not gaining a significant market share. Depending on the degree of the injury, the currently marketed treatments for burn injuries include both general and advanced medical care, which uses a variety of hemostatic adjuncts, skin grafting, medicines, and other wound dressings. The entire Burns market in the 7MM is a lucrative $1 billion industry.
Way Ahead
Numerous avoidable deaths and disabilities due to burns continue to be a major public health concern yearly. Burns are disproportionately common among the world's impoverished in low- and middle-income nations (LMICs). Those who have been burned need quick access to surgical treatment and acute burns management. Approximately 5 billion people do not have access to acute burns management, including definitive surgical care for burns, when they most need it due to the existing shortage of safe and cheap surgical care with anesthesia available worldwide. The absence of suitably trained people (particularly surgeons), appropriate equipment, and resources are significant barriers to access to burn care at healthcare facilities in LMICs. However, there is still a lack of a thorough understanding of what prevents burns in LMICs. Burn prevention efforts have successfully reduced the frequency of burns and deaths in many affluent countries. To lessen the still-present worldwide burden of burns, coordinated efforts are needed to establish effective burn prevention techniques and meet the unmet need for access to safe and reasonably priced surgical care under anesthesia.
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healthcare-market · 3 years
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Wound Healing Market Report Analysis With Industry Share Insights Shared in Detailed Report
The wound healing market is expected to witness robust growth in the near future, as rising number of accidents, and increasing access to healthcare fuels growth. The market will likely rise to US$35,065.7 mn in evaluation by the end of 2025, rising at 4.80% CAGR. Advanced wound care is likely to drive robust growth in developed countries, due to major increases in chronic illnesses, and advanced technology.
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Among applications, the hemostatic agents are likely to witness robust growth as cases of accidents, chronic illnesses, and advancements in products drive growth. Rising number of diabetics will also promise new opportunities for players in the wound healing market.
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Among regions, Asia Pacific will drive robust growth for the wound healing market. The region is home to large number of accidents, and currently witnessing an expansion of privatised insurance scheme which will drive robust demand for the wound healing market in the near future. the rising access to healthcare in the region will also promise new opportunities for players in the wound healing market in the near future.
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Diabetics to Fuel Growth for the Wound Healing Market
Population of diabetics is increasing around the world. Rising urbanization, and unhealthy foods, and genetic factors are expected to increase these numbers based on empirical evidence from previous years. The rising numbers of diabetics will likely result in specialised, and sensitive methodology to treat wounds, and heal them effectively. The rise of chronic illnesses like most forms of cancers will also drive major growth for the wound healing market in the near future. The innovations, and developments in this area including Big Data, which helps understand causation between illnesses and genetic factors, as well as combinations for drug manufacturing will create new opportunities for players in the wound healing market in the near future. The risk associated with wound care cosmetics, and high costs of some of these products are expected to remain a major barrier to growth in the wound healing market. Facial makeover treatment remain expensive as several patients of accidents continue to suffer to restrain prospects of the wound healing market.
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This review is based on the findings of a TMR report titled “Wound Healing Market (Product - Dressings (Foam Dressings, Hydrocolloid Dressings, Hydrogel Dressings, Alginate Dressings, Collagen Dressings), Bandages (Elastic bandages, Compression Bandages, Adhesive Bandages, Liquid Bandages), Topical Agents (Hemostatic Agents, Antimicrobials, Wound Cleansers), Wound Closure Agents (Sutures - Absorbable and Non-absorbable, Adhesives and Sealants, Staplers - Manual and Powered, Strips - Sterile and Non-sterile), Gauzes & Sponges (Sterile and Non-sterile), Tapes (Cloth Tape, paper Tape, Silicon Tape), Therapy Device (Negative Pressure Wound Therapy Devices, Oxygen Therapy Device); Wound Type - Acute Wound (Surgical, Traumatic Wounds, Burns), Chronic Wounds (Infectious Wounds and Others Ischemic Wounds), Ulcers (Pressure Ulcers, Diabetic Foot Ulcers, Arterial & Venous Ulcer); Gender - Men and Women) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025.”
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Wound Closure Market is Expected to Increase to USD 15 billion by 2025
A New pervasive Research Report Added Wound Closure Market By Product and Application – 2025 which provides current as well as upcoming technical and financial details Published By Crystal Market Research. This Worldwide Market report gives the points of interest identified with a basic outline, improvement status, innovative progressions, industry strength and market elements Competition Insights: Some of the key players in the global wound closure market are, Smith & Nephew PLC, B. Braun Melsungen AG, 3M Company, Baxter International Inc., DeRoyal Industries, Inc., Johnson & Johnson Services, Inc., Medtronic plc, CryoLife, Inc., Derma Sciences Inc. (acquired by Integra LifeSciences Holdings Corporation) and BSN medical GmbH (acquired by SVENSKA CELLULOSA AKTIEBOLAGET SCA (publ)). 
Request to Get Exclusive Sample Copy At:  www.crystalmarketresearch.com/report-sample/HC06136 Regional Outlook and Trend Analysis: In 2016, North America held a major share of the global wound closure market due to increasing prevalence of lifestyle diseases such as diabetes. Moreover, increasing number of surgical procedures performed every year is also expected to contribute the growth of North American Wound closure market during the forecast period. Asia-Pacific wound closure market is expected to exhibit significant growth during the forecast period owing to prevalence of unmet medical needs in emerging economies such as India and China and increasing focus on development of healthcare infrastructure in the region. Industry Outlook and Trend Analysis  The global wound closure market is expected to be around $15 billion by 2025. Some of the key driving factors for the market growth are, effectiveness of advanced wound closure products in enabling faster healing of chronic wounds, rising prevalence of chronic diseases around the world and increasing demand for minimally invasive wound closure procedures. According to a 2016 study conducted by the National Center for Biotechnology Information (NCBI), it is projected that 1 to 2% of the population in developed countries will experience a chronic wound in their lifetime. The study further states that around 6.5 million patients in the U.S. are affected with chronic wounds every year. With such high prevalence of chronic wounds, the demand for wound closure products is expected to significantly increase during the forecast period. However, high cost of wound closure products can hinder the market growth during the forecast period. Wound Closure Market - Product Outlook and Trend Analysis Haemostatic and sealing agents are used to prevent excess blood loss during surgical repair procedures. Hemostasis refers to the formation of blood clot at the site of injury. Hemostatic agents prevent excess flow of blood either mechanically or by augmenting the coagulation cascade. Topical tissue adhesives also known as skin adhesives are effective in many skin wounds/cuts. They consist of liquid cyanoacrylate monomers that form long chains after polymerization to seal the wound edges. They are generally used to treat superficial skin wounds. Wound Closure Market - Application Outlook and Trend Analysis On the basis of applications, the global wound closure market is broadly segmented into chronic and acute wound care. Increase in the number of traumatic wounds and road accidents will favorably contribute to the growth of acute wound care segment over the forecast period. Rising geriatric population around the world and increasing incidence of lifestyle diseases such as diabetes has been majorly responsible for the increase in number of cases of diabetic foot ulcers and pressure ulcers in recent years. Market Segmentation By Product: Hemostatic and Sealing Agents Fibrin Sealant Surgical Sealant Gelatin-based Sealant Human Fibrinogen and Thrombin Fleece Topical Tissue Adhesive Wound Closure Devices Mechanical Stapling Devices Ligating Clips Wound Closure Strips By Application: Chronic Wound Care Venous Leg Ulcers Pressure Ulcers Diabetic Foot Ulcers Arterial Ulcers Acute Wound Care Surgical Wounds Burns & Trauma To Discuss Any Question About Report You Can Click On  www.crystalmarketresearch.com/send-an-enquiry/HC06136 By Region North America U.S Canada Mexico Europe Germany France UK Italy Spain Rest of Europe Asia-Pacific Japan China Australia India South Korea Rest of Asia Pacific Rest of the World Brazil South Africa Saudi Arabia United Arab Emirates Others Future Business Trend of Our Research Report - The Global market value of wound closure related clinical practices has grown in the recent years and is expected to grow at a significant Cumulative Average Growth Rate (CAGR) percent, as divulged by various market analysis reports.  The market is heavily driven by the frequency of injuries. The demand for combination dressings has been promoted by the, need for substitution of traditional ineffective wound closure procedures. Furthermore, the market is also driven by the growing demand for fast healing techniques and less surgical procedure requiring methodologies. Hemostat is one of the wound closure products finding its prominent place in the market of wound closure treatment procedures. The usage of surgical staples for the treatment procedures of wound closure, has found significant space in the market growth as well.  The traditionally rampant suture shows no growth whatsoever; but however with no relative decline in the current market status. Factors encompassing irritation, redness of skin and heat inflammation could potentially restrain the market growth rate. Major Table of Contents: Chapter 1. Introduction 1.1. Report Description 1.2. Research Methodology 1.2.1. Secondary Research 1.2.2. Primary Research Chapter 2. Executive Summary 2.1. Key Highlights Chapter 3. Market Overview 3.1. Introduction 3.1.1. Market Definition 3.1.2. Market Segmentation 3.2. Market Dynamics 3.2.1. Drivers 3.2.2. Restraints 3.2.3. Opportunities 4. Market Analysis by Regions ....CONTINUED FOR TOC To Check an Any Discount Offers of Report, Please Click On The Link @ www.crystalmarketresearch.com/check-discount/HC06136 About Crystal Market Research:  Crystal Offers One Stop Solution For Market Research, Business Intelligence, And Consulting Services To Help Clients Make More Informed Decisions. It Provides Both Syndicated As Well As Customized Research Studies For Its Customers Spread Across The Globe. The Company Offers Market Intelligence Reports Across A Broad Range Of Industries Including Healthcare, Chemicals & Materials, Technology, Automotive, And Energy. Contact Us:  Judy S,  304 South Jones Blvd, Suite 1896, Las Vegas NV 89107, United States Toll Free: +1-888-213-4282 Email: [email protected]
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grandcatfestival · 3 years
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Advanced Wound Care Management Market 2020-2028: Global economy,Financial Share, Prominent Players,Competitive Environment
The global advanced wound care management  market can be classified based on application, product type and geography. Based on product type, the global wound care management market can be classified into advanced wound care and advanced wound closure. The advanced wound closure segment can be further sub-segmented into sealing and hemostatic agents (surgical sealant, fibrin sealant, thrombin fleece and gelatin based sealant and human fibrinogen), wound closure devices (wound closure strips , mechanical stapling devices, ligating clips and others) topical tissue adhesive. The conventional wound closure and care and advanced wound closure and care products are widely used in order to treat chronic and acute injuries and wounds. Chronic wounds are not easily treated and are hard to heal severe wounds, which take a significant and considerable amount of time to heal the wound and are relatively more expensive in terms of treatment. Advanced wound care & closure products are witnessing a significant growth and are emerging as a more standard solution in order to treat chronic wounds. Conventional wound care & closure products are widely being substituted when compared to advanced wound care & closure products owing to their enhanced effectiveness and efficacy in terms of managing wounds by enabling faster healing.
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Various attempts in order to reduce the overall duration of stays in hospitals in order to reduce the overall costs of surgical healthcare and the increasing inclination towards those products which improve therapeutic outcomes and are considered to be the major factors driving the total demand for advanced wound care & closure products. The several risks termed with ineffective healing of wound helps in promoting the demand for combination dressings which in turn is a modern trend in the global market and is replacing the conventional and traditional wound dressing methods. Some of the other major elements fueling the growth of the global wound care management market include rising aging population, increasing government support in terms of funding as well as rising incidences of chronic diseases such as diabetes and obesity. The advanced wound care segment can be sub-classified into active wound care (skin substitutes and growth factors), wound dressings (films, hydrocolloids, foams, collagen, hydrogels, silver wound dressings and alginates), therapy devices (negative pressure wound therapy, pressure relief devices and others). Based on application, the global wound care management market can be classified into pressure ulcers, burns, venous leg ulcers, ulcers, surgical wounds, diabetic ulcers and arterial ulcers. Based on end-user, the global wound care management market can be classified into clinics, hospitals, home healthcare and community health services. By geography, the global wound care management market can be segmented into North America, Europe, Latin America, Middle East & Africa and Asia Pacific. The robust demand especially in the Asia Pacific region is expected to be one of the key driving factors for the overall growth of the global market. Furthermore, China is further projected to account for the highest share in the global market and is expected to maintain its lead in the overall demand during the forecast period. This can be attributed to rapid industrialization and increasing urbanization during the past few years. The markets in various other developing economies such as Poland, Brazil, Russia, Indonesia, New Zealand, Argentina, Korea and India among others are also expected to witness a rapid growth throughout the forecast period. Moreover, this rising per capita disposable income and surge in the global economy is another key factor. Key players operating in the global market are keep close eye on some of the major market strategies such as partnerships, mergers, collaborations and acquisitions in order to keep hold in the ever competitive global market. Moreover they are focusing on gaining hold on the local players to strengthen their goodwill as well as to enhance their market reach in the global market. Key players involved in the manufacture and supply of advanced wound care management products include Kinetic Concepts, Smith and Nephew, Derma Sciences, Ovidien, Baxter International, BSN Medical ,ConvaTech, Coloplast and Integra Life Sciences among others. The global wound care management market can be segmented by: By product type: • Advanced wound care • Advanced wound closure Advanced wound closure: • Active wound care (skin substitutes and growth factors), • Wound dressings (films, hydrocolloids, foams, collagen, hydrogels, silver wound dressings and alginates), • Therapy devices (negative pressure wound therapy, pressure relief devices and others) Advanced wound care: • Active wound care (skin substitutes and growth factors), • Wound dressings (films, hydrocolloids, foams, collagen, hydrogels, silver wound dressings and alginates), • Therapy devices (negative pressure wound therapy, pressure relief devices and others) By Application: • Pressure ulcers • Burns • Venous leg ulcers • Ulcers • Surgical wounds • Diabetic ulcers • Arterial ulcers By End user: • Clinics • Hospitals • Home healthcare • Community health services By geography: • North America • Europe • Latin America • Middle East & Africa • Asia Pacific Buy this Report: https://www.envisageresearch.com/buy/EMR100255/
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kunalcmi · 4 years
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TRADITIONAL WOUND MANAGEMENT MARKET ANALYSIS (2019-2027)
Traditional Wound Management Market – Insights
Traditional wound management products are the basic products intended for management of non-severe and acute wounds. These products are generally used to absorb exudate, seize bleeding, close the open trauma and surgical wounds and dry the wound to help it heal faster.
The global traditional wound management market is estimated to account for US$ 5,926.0 Mn in terms of value by the end of 2027.
 Global Traditional Wound Management Market: Drivers
Increasing prevalence of diabetic foot ulcers is expected to propel growth of the global traditional wound management market over the forecast period. For instance, in June 2018, the prevalence of diabetic foot ulcers was 51.8% in a community based study conducted by Kasturba Medical College, India.
Moreover, increasing geriatric population is also expected to boost growth of the market, For instance, according to the World Health Organization, geriatric population is expected to reach 2 billion by 2050, up from 900 million in 2015.
North America region held dominant position in the global traditional wound management market in 2019, accounting for 30.4% share in terms of value, followed by Europe.
 Figure 1. Global Traditional Wound Management Market Value (US$ Mn), by Region, 2019
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  Global Traditional Wound Management Market: Restraints
Increasing development and adoption of advanced wound care products is expected to hinder growth of the market. For instance, in December 2019, researchers from ETH Zurich and the National University of Singapore reported development of superhydrophobic hemostatic nanofiber composites for fast clotting and minimal adhesion.
Moreover, traditional wound management is a low-margin business. Most of the raw materials are exported from developing markets to markets strong in manufacturing and sale of finished products. Such trading happens at subsistence levels as these markets are mostly unorganized in nature. Lack of attractive margins steals prominence and the focus is gradually shifting from traditional products to advanced wound care management products. This in turn is expected to hinder growth of the market.
 Global Traditional Wound Management Market: Opportunities
Market players require to focus on better relationship with surgeon stakeholders in order to increase penetration of traditional wound management products in hospitals. Marketplace discussions indicate that surgeons play a key role in selection of wound dressing material. Offering this stakeholder group a plethora of product choice is expected to lead to higher probability of order generation.
Moreover, improving regulatory scenarios in developing countries is also expected to offer lucrative growth opportunities for players in the market. Improvement and streamlining of regulatory processes in developing countries is expected to boost formalization of practice standards, development of better clinical treatment guidelines, standardize product usage, and shorten registration & licensing periods for traditional wound management products.
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 Gauzes segment in the global traditional wound management market was valued at US$ 1,820.3 Mn in 2019 and is expected to reach US$ 2,381.9 Mn by 2029 at a CAGR of 3.4% during the forecast period.
 Market Trends/Key Takeaways
 The market is witnessing increasing demand for non-woven gauzes in wound care and wound management, owing to their virtually non-adherent and faster wicking ability. Such superior attributes of woven gauzes are ideal for wound dressings, wound packing, and general wound care.
Reimbursement service providers are more focused on providing reliable and cost effective wound management solution to patients. This in turn has led to adoption of both traditional and advanced wound care products.
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 Price obtained by farmers and cotton and margin obtained by seed cotton suppliers
Cotton farmers holds little power to negotiate the prices of cotton as they hold negligible power in complex chain of cotton trade internationally. As raw cotton is supplied by farmers at below subsistence levels (mostly as bonded laborers), there is no margin gained by farmers – the phenomenon is more common in developing countries. The cotton collected by guilds is supplied to middlemen such as national cotton ginners association at ex-collection prices mostly. However, in developed economies cost plus a 2-3% mark-up is associated to match operating costs
As per the information obtained by CMI’s key opinion leaders, the cost of cotton production ranges from US$ 0.3 to US$ 0.4 per Kg of seed cotton. The cost of cotton production includes cost for land preparation (~14-15% of total cost of production), seed sowing (~15-16%), manures and manuring (~10-12%), weeding (~20-23%), plant protection (~14-16%), and harvesting (~14-15%)
The price obtained by the cotton collectors and suppliers or cotton producer organizations such as Pratima Organic Growers India, ranges from US$ 0.31 to US$ 0.42 for 1kg of seed cotton, which explains the 2-3% margin obtained by the cotton producing organizations
Ginned cotton to fiber manufacturers: Margin obtained by cotton ginners
The margin obtained by national cotton ginners association i.e. 20-25%. This margin is collected as a measure to equalize domestic and international trade prices of cotton and not as a means for covering up operating costs. It is the difference between sales price of ginned cotton and the calculated unginned cotton price. This margins is expected to provide an implicit subsidy to ginners and is more often treated as aid
Ginners purchase unginned cotton from farmers and separate the lint and seeds. Cost of ginning includes the cost for bagging and transportation from field to nearest ginning mill (~20% of total cost of ginning), repair and maintenance (~24-25%), electrical cost (~18-20%), dryer fuel (~5-7%), labor cost (~30-32%) etc.
According to USDA’s survey on cotton ginning economics, the profit margin obtained by the ginners was found to be 20-25% of the international selling price of unginned cotton
However the margins obtained by cotton ginners are narrowing down due to falling cotton prices and costly finance from lenders owing to increased tax rates
Margin to private ginners
The margin obtained by private ginners is as low as 10% due to low return on capital invested and seasonal nature of labor employed
This is collected as aid are often reverse distributed as loans to small farmers
Fiber manufacturer to fabric manufacturer
Manufacturers of cotton fiber are benefited from increasing demand from the international markets. However, it faces intense competition from man-made fibers such as polyester and viscose
In 2015, Indian cotton yarn industry produced over 6,600 Mn Kg of spun yarn, which generated a revenue of around US$ 1.94 Mn. However, the cotton yarn industry faces the biggest restraint of price volatility as price stability of cotton yarn depends on price of raw cotton and demand in the fabric market
As per interviews conducted by CMI, average profit margin for top 10 Indian spinners were obtained as 12-15%
This profit margin for fiber manufacturers is influenced by three parameters Viz. cost of raw material, conversion cost and yarn selling price. Cost of conversion includes cost for electricity, wages and salaries to workers, storage and packing cost etc.
In India, the conversion cost of 1Kg of fiber is US$ 0.04 –US$ 0.05 and the average conversion cost is increasing over the years. However, profit margin can be increased by controlling the conversion cost
Fabric to finished products
15% margins obtained by fabric manufacturers are dependent on negotiation power, brand value of buyer company, global position of the company in the market. Also efficiency of final production, automation and capacity utilization are important factors impacting profit margin
In the downstream, the main costs are Sales and Distribution, advertising, logistics & inventory management and advertising. The more efficient the attributes the higher will be the bargaining power and greater will be the margins
 Note: The marginal impact of fluctuation in raw seed cotton prices is less than 1% on the final retail price of manufactured goods as significant part of costs can be attributed to manufacturing and processing of the raw material into finished product. This factor directly impacts the magnitude of margins in both upstream and downstream activities 
 Global Traditional Wound Management Market: Competitive Landscape
Major players operating in the global traditional wound management market include, Smith & Nephew plc., B. Braun Melsungen AG, Johnson & Johnson Pvt. Ltd., Medtronic Plc., Cardinal Health, Derma Sciences Inc., Paul Hartman AG, Molnlycke Health Care, Medline Industries, Inc., DUKAL Corporation, and BSN Medical.
 Global Traditional Wound Management Market: Key Developments  
Major players in the market are also focused on adopting collaboration and partnership strategies to expand their product portfolio. For instance, in January 2018, Mölnlycke partnered with Tissue Analytics, a developer of sophisticated digital wound imaging platforms.
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pallavicoh · 4 years
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Chitosan is a derivative of chitin that is extracted from shells of aquatic species such as lobsters, shrimps, and crabs. Chitosan is widely used in dietary supplements as it inhibits the lipid absorption in the gastrointestinal tract. It is also used in various healthcare applications due to biodegradability and biocompatibility properties. It is used in hemostatic dressing in order to treat wounds owing to its anticoagulant properties.
The global chitosan market is estimated to account for US$ 3,573.1 Mn in terms of value and 53,806.0 Tons in terms of volume by the end of 2019.
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Top Keyplayers in this Market are as follows: GTC Bio Corporation,    KitoZyme S.A.,    Biothera,    Golden-Shell Pharmaceutical Co., Ltd.,    FMC Health and Nutrition,    Panvo Organics Pvt., Ltd,    Heppe Medical Chitosan GmbH,    Primex ehf,   PT Biotech Surindo,    Xianju Tengwang Chitosan Factory Request For Sample Copy of this Research Report : https://www.coherentmarketinsights.com/insight/request-sample/4127
Drivers:
The growing demand for chitosan as a flocculant in the water treatment industry is primarily fueling the market growth of the chitosan. It is an effective coagulant for treating wastewater. Moreover, it is also used as a chelating agent where it easily binds to highly toxic heavy metals present in the wastewater. Chitosan is broadly used in wastewater treatment due to its biodegradability and non-toxic nature.
Increasing demand for chitosan from dental applications is augmenting the market growth. It is used to manufacture mouthwashes, toothpaste, and chewing gums owing to its anti-decay and anti-plaque properties. It hides the unpleasant taste of silicon oxide, the main ingredients present in the toothpaste. Moreover, chitosan is also used in the dental filler materials which is further projected to bolster the market growth.
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adwaitcoherent · 4 years
Text
By 2027, Traditional Wound Management Market To Surpass US$ 5,926.0 Mn
At a CAGR of 3.4%, By 2027, Traditional Wound Management Market To Surpass US$ 5,926.0 Mn
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Figure 1. Global Traditional Wound Management Market Value (US$ Mn), by Region, 2019
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Description:
Traditional wound management products are the basic products intended for management of non-severe and acute wounds. These products are generally used to absorb exudate, seize bleeding, close the open trauma and surgical wounds and dry the wound to help it heal faster.
 The global traditional wound management market is estimated to account for US$ 5,926.0 Mn in terms of value by the end of 2027.
 Global Traditional Wound Management Market: Drivers
 Increasing prevalence of diabetic foot ulcers is expected to propel growth of the global traditional wound management market over the forecast period. For instance, in June 2018, the prevalence of diabetic foot ulcers was 51.8% in a community based study conducted by Kasturba Medical College, India.
 Moreover, increasing geriatric population is also expected to boost growth of the market, For instance, according to the World Health Organization, geriatric population is expected to reach 2 billion by 2050, up from 900 million in 2015.
 North America region held dominant position in the global traditional wound management market in 2019, accounting for 30.4% share in terms of value, followed by Europe.
 Figure 1. Global Traditional Wound Management Market Value (US$ Mn), by Region, 2019
 Traditional Wound Management | Coherent Market Insights
 Global Traditional Wound Management Market: Restraints
 Increasing development and adoption of advanced wound care products is expected to hinder growth of the market. For instance, in December 2019, researchers from ETH Zurich and the National University of Singapore reported development of superhydrophobic hemostatic nanofiber composites for fast clotting and minimal adhesion.
 Moreover, traditional wound management is a low-margin business. Most of the raw materials are exported from developing markets to markets strong in manufacturing and sale of finished products. Such trading happens at subsistence levels as these markets are mostly unorganized in nature. Lack of attractive margins steals prominence and the focus is gradually shifting from traditional products to advanced wound care management products. This in turn is expected to hinder growth of the market.
 Global Traditional Wound Management Market: Opportunities
 Market players require to focus on better relationship with surgeon stakeholders in order to increase penetration of traditional wound management products in hospitals. Marketplace discussions indicate that surgeons play a key role in selection of wound dressing material. Offering this stakeholder group a plethora of product choice is expected to lead to higher probability of order generation.
 Moreover, improving regulatory scenarios in developing countries is also expected to offer lucrative growth opportunities for players in the market. Improvement and streamlining of regulatory processes in developing countries is expected to boost formalization of practice standards, development of better clinical treatment guidelines, standardize product usage, and shorten registration & licensing periods for traditional wound management products.
 Traditional Wound Management | Coherent Market Insights
 Gauzes segment in the global traditional wound management market was valued at US$ 1,820.3 Mn in 2019 and is expected to reach US$ 2,381.9 Mn by 2029 at a CAGR of 3.4% during the forecast period.
 Market Trends/Key Takeaways
 The market is witnessing increasing demand for non-woven gauzes in wound care and wound management, owing to their virtually non-adherent and faster wicking ability. Such superior attributes of woven gauzes are ideal for wound dressings, wound packing, and general wound care.
 Reimbursement service providers are more focused on providing reliable and cost effective wound management solution to patients. This in turn has led to adoption of both traditional and advanced wound care products.
 Value Chain Analysis - Optional
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 Traditional Wound Management | Coherent Market Insights
 Price obtained by farmers and cotton and margin obtained by seed cotton suppliers
Cotton farmers holds little power to negotiate the prices of cotton as they hold negligible power in complex chain of cotton trade internationally. As raw cotton is supplied by farmers at below subsistence levels (mostly as bonded laborers), there is no margin gained by farmers – the phenomenon is more common in developing countries. The cotton collected by guilds is supplied to middlemen such as national cotton ginners association at ex-collection prices mostly. However, in developed economies cost plus a 2-3% mark-up is associated to match operating costs
As per the information obtained by CMI’s key opinion leaders, the cost of cotton production ranges from US$ 0.3 to US$ 0.4 per Kg of seed cotton. The cost of cotton production includes cost for land preparation (~14-15% of total cost of production), seed &sowing (~15-16%), manures and manuring (~10-12%), weeding (~20-23%), plant protection (~14-16%), and harvesting (~14-15%)
The price obtained by the cotton collectors and suppliers or cotton producer organizations such as Pratima Organic Growers India, ranges from US$ 0.31 to US$ 0.42 for 1kg of seed cotton, which explains the 2-3% margin obtained by the cotton producing organizations
Ginned cotton to fiber manufacturers: Margin obtained by cotton ginners
The margin obtained by national cotton ginners association i.e. 20-25%. This margin is collected as a measure to equalize domestic and international trade prices of cotton and not as a means for covering up operating costs. It is the difference between sales price of ginned cotton and the calculated unginned cotton price. This margins is expected to provide an implicit subsidy to ginners and is more often treated as aid
Ginners purchase unginned cotton from farmers and separate the lint and seeds. Cost of ginning includes the cost for bagging and transportation from field to nearest ginning mill (~20% of total cost of ginning), repair and maintenance (~24-25%), electrical cost (~18-20%), dryer fuel (~5-7%), labor cost (~30-32%) etc.
According to USDA’s survey on cotton ginning economics, the profit margin obtained by the ginners was found to be 20-25% of the international selling price of unginned cotton
However the margins obtained by cotton ginners are narrowing down due to falling cotton prices and costly finance from lenders owing to increased tax rates
Margin to private ginners
The margin obtained by private ginners is as low as 10% due to low return on capital invested and seasonal nature of labor employed
This is collected as aid are often reverse distributed as loans to small farmers
Fiber manufacturer to fabric manufacturer
Manufacturers of cotton fiber are benefited from increasing demand from the international markets. However, it faces intense competition from man-made fibers such as polyester and viscose
In 2015, Indian cotton yarn industry produced over 6,600 Mn Kg of spun yarn, which generated a revenue of around US$ 1.94 Mn. However, the cotton yarn industry faces the biggest restraint of price volatility as price stability of cotton yarn depends on price of raw cotton and demand in the fabric market
As per interviews conducted by CMI, average profit margin for top 10 Indian spinners were obtained as 12-15%
This profit margin for fiber manufacturers is influenced by three parameters Viz. cost of raw material, conversion cost and yarn selling price. Cost of conversion includes cost for electricity, wages and salaries to workers, storage and packing cost etc.
In India, the conversion cost of 1Kg of fiber is US$ 0.04 –US$ 0.05 and the average conversion cost is increasing over the years. However, profit margin can be increased by controlling the conversion cost
Fabric to finished products
15% margins obtained by fabric manufacturers are dependent on negotiation power, brand value of buyer company, global position of the company in the market. Also efficiency of final production, automation and capacity utilization are important factors impacting profit margin
In the downstream, the main costs are Sales and Distribution, advertising, logistics & inventory management and advertising. The more efficient the attributes the higher will be the bargaining power and greater will be the margins
Note: The marginal impact of fluctuation in raw seed cotton prices is less than 1% on the final retail price of manufactured goods as significant part of costs can be attributed to manufacturing and processing of the raw material into finished product. This factor directly impacts the magnitude of margins in both upstream and downstream activities
 Global Traditional Wound Management Market: Competitive Landscape
 Major players operating in the global traditional wound management market include, Smith & Nephew plc., B. Braun Melsungen AG, Johnson & Johnson Pvt. Ltd., Medtronic Plc., Cardinal Health, Derma Sciences Inc., Paul Hartman AG, Molnlycke Health Care, Medline Industries, Inc., DUKAL Corporation, and BSN Medical.
 Global Traditional Wound Management Market: Key Developments  
 Major players in the market are also focused on adopting collaboration and partnership strategies to expand their product portfolio. For instance, in January 2018, Mölnlycke partnered with Tissue Analytics, a developer of sophisticated digital wound imaging platforms.
About Us: Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having office at global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We do offer wide range of services such as Industry analysis, Consulting services, Market Intelligence, Customized research services and much more. We have expertise in many fields such as healthcare, chemicals and materials, Automation, semiconductors, electronics, energy, food and beverage, packaging and many more. Visit our website to know more.
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medicalnewstoday · 5 years
Text
New report: Wound Tissue Management Market research opportunities and forecast assessment, 2015 to 2021
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Wound and tissue management refers to a process of treatment of wound and tissue with the help of wound and tissue management products and technologies. Wound and tissue management helps to treat wound to the skin and manage trauma to tissue and blood vessels during surgery. Market segmentation of wound and tissue management market includes wound closure devices, dynamic compression therapy, static compression therapy, anti-adhesion products, hemostats, advanced dressings, tissue sealants and negative wound pressure therapy. On the basis of product, wound and tissue management market can be segmented into external, internal and combined wound management. On the basis of wound closure products, wound and tissue management market can be segmented into sutures, surgical staplers, multi-fire clip appliers, single-fire clip appliers, staplers, skin closure strips, cyanoacrylate tissue adhesives skin staplers and others.
On the basis of static compression therapy, wound and tissue management market can be segmented into graduated compression stockings, medical compression stockings, unna boot, OTC compression stockings, compression bandages and anti-embolism stockings. On the basis of advanced dressing, wound and tissue management market can be segmented into moist dressing, interactive dressings, iodine dressings, antimicrobial dressings and non-adherent contact layers.
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Moist dressings include foam dressings, hydrocolloid dressings, alginate and hydrofiber dressings, transparent film dressing, hydrogel dressing and others. On the basis of tissue sealant, wound and tissue management market can be segmented into fibrin-based internal tissue sealant, synthetic internal tissue sealant and protein-based internal tissue sealant. Negative pressure wound therapy (NPWT) market includes NPWT dressings, NPWT canister and NPWT pump.
North America, followed by Europe, has the largest market for wound and tissue management due to developed healthcare infrastructure, technological advancement and rise in healthcare expenditure in this region. Asia is expected to show high growth rate in the wound and tissue management market in next few years due to government initiatives, rise in chronic diseases and adoption of advancement wound and tissue management products and technologies in the region.
Rise in aging population, technological advancement, increasing incidence of diabetes cases, rise in healthcare expenditure, government initiatives are driving the market for wound and tissue management. In addition, growing incidence of chronic diseases, increasing awareness about wound and tissue management products and technologies available in the market are driving the market for wound and tissue management. However, economic downturn is acting as one of the major restraints for the growth of global wound and tissue management market.
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Growing demographics and economies in the developing countries such as India and China are expected to lead growth in wound and tissue management market in Asia. In addition, technological advancement, new product innovations and growing awareness about benefits of timely wound and tissue management are expected to offer new opportunities for global wound and tissue management market.
Increasing number of mergers and acquisitions, new product launches and rise in number of collaborations and partnerships are some of the latest trends that have been observed in global wound and tissue management market. Some of the major companies operating in the global wound and tissue management market are :
· 3M
· Smith & Nephew
· Baxter
· Coloplast and B. Braun. In addition
some other companies operating in the global wound and tissue management market are Molnlycke Health Care
· Ethicon
· Covidien
· Pfizer and ConvaTec.
For any queries get in touch with Industry Expert @ https://www.persistencemarketresearch.com/ask-an-expert/3579
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healthcare-market · 3 years
Text
Wound Healing Market : Emerging Trends, Business Growth Opportunities, Major Driving Factors
The wound healing market is expected to witness robust growth in the near future, as rising number of accidents, and increasing access to healthcare fuels growth. The market will likely rise to US$35,065.7 mn in evaluation by the end of 2025, rising at 4.80% CAGR. Advanced wound care is likely to drive robust growth in developed countries, due to major increases in chronic illnesses, and advanced technology.
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Among applications, the hemostatic agents are likely to witness robust growth as cases of accidents, chronic illnesses, and advancements in products drive growth. Rising number of diabetics will also promise new opportunities for players in the wound healing market.
Among regions, Asia Pacific will drive robust growth for the wound healing market. The region is home to large number of accidents, and currently witnessing an expansion of privatised insurance scheme which will drive robust demand for the wound healing market in the near future. the rising access to healthcare in the region will also promise new opportunities for players in the wound healing market in the near future.
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Diabetics to Fuel Growth for the Wound Healing Market
Population of diabetics is increasing around the world. Rising urbanization, and unhealthy foods, and genetic factors are expected to increase these numbers based on empirical evidence from previous years. The rising numbers of diabetics will likely result in specialised, and sensitive methodology to treat wounds, and heal them effectively. The rise of chronic illnesses like most forms of cancers will also drive major growth for the wound healing market in the near future. The innovations, and developments in this area including Big Data, which helps understand causation between illnesses and genetic factors, as well as combinations for drug manufacturing will create new opportunities for players in the wound healing market in the near future. The risk associated with wound care cosmetics, and high costs of some of these products are expected to remain a major barrier to growth in the wound healing market. Facial makeover treatment remain expensive as several patients of accidents continue to suffer to restrain prospects of the wound healing market.
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This review is based on the findings of a TMR report titled “Wound Healing Market (Product - Dressings (Foam Dressings, Hydrocolloid Dressings, Hydrogel Dressings, Alginate Dressings, Collagen Dressings), Bandages (Elastic bandages, Compression Bandages, Adhesive Bandages, Liquid Bandages), Topical Agents (Hemostatic Agents, Antimicrobials, Wound Cleansers), Wound Closure Agents (Sutures - Absorbable and Non-absorbable, Adhesives and Sealants, Staplers - Manual and Powered, Strips - Sterile and Non-sterile), Gauzes & Sponges (Sterile and Non-sterile), Tapes (Cloth Tape, paper Tape, Silicon Tape), Therapy Device (Negative Pressure Wound Therapy Devices, Oxygen Therapy Device); Wound Type - Acute Wound (Surgical, Traumatic Wounds, Burns), Chronic Wounds (Infectious Wounds and Others Ischemic Wounds), Ulcers (Pressure Ulcers, Diabetic Foot Ulcers, Arterial & Venous Ulcer); Gender - Men and Women) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025.”
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priyakadam137-blog · 5 years
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Recent News Stories Shows How The Tissue Management Software Market Products Are Surviving In The Global Industry To 2023?
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The research study, titled “Global Tissue Management Software market Research Report 2019,” evaluates the historical performance and the current status of this market for a detailed understanding, emphasizing especially on the dynamics of the demand and supply of Tissue Management Software in 2023. This report presents a detailed study of the global market for Tissue Management Software by evaluating the growth drivers, restraining factors, and opportunities at length. The examination of the prominent trends, driving forces, and the challenges assist the market participants and stakeholders to understand the issues they will have to face while operating in the worldwide market for Tissue Management Software in the long run. Request for Sample Report Here @ https://www.acquiremarketresearch.com/sample-request/126587/ The research study further offers a study of the existing status of the key regional markets for Tissue Management Software, namely, China, North America, Eastern Europe, Western Europe, Japan, the Middle East and Africa, and the Rest of Asia, on the basis of a number of significant Tissue Management Software market parameters, such as, the production volume, pricing of the product, production capacity, sales, demand and supply dynamics, revenue, and the rate of growth of this Tissue Management Software market in each of the regions.
Several segments of the worldwide Tissue Management Software market have also been discussed in this research report with thorough information, considering their historical and existing performance in the global arena.
It further maps the competitive landscape of this Tissue Management Software market by evaluating the company profiles of the leading market players, such as Smith & Nephew, Molnlycke Health Care, 3M Health Care, ConvaTec, Coloplast A/S, BSN Medical, Hartmann Group, B.Braun, Acelity, Laboratories Urgo, Medline Industries, Inc., Hollister, Medtronic, Lohmann& Rauscher, Nitto Denko, Advanced Medical Solutions Group, DeRoyal Industries, Genewel, Winner Medical Co., Ltd. On the basis of the product, the market has been classified into: Wound Closure Devices, Static and Dynamic Compression Therapy, Wound Dressings, Non-Adherent Contact Layers, Hemostats Based on the application, the market has been categorized into:  Acute Wounds, Chronic Wounds, Surgical Wounds For More Information On This Report, Please Visit @ https://www.acquiremarketresearch.com/industry-reports/tissue-management-software-market/126587/ The report covers the market study and projection of "Tissue Management Software Market" on a territorial along with worldwide point . The report establishes subjective and quantitative valuation by industry examiners, direct information, help from industry specialists alongside their latest verbatim and every industry producers through the market value chain. The examination specialists have also evaluated the by and large sales and income creation of this specific market. Moreover, this report additionally conveys broad examination of basic market drift, many key essentials while overseeing macro-economic indicators, combined with market enhancements according to each section. The growth trajectory of each of the segments has been provided in this study, in global terms and in each of the regional markets, creating a descriptive analysis of the overall Tissue Management Software market. This research study has also discussed the current and the upcoming ventures in the worldwide market for Tissue Management Software at length, making it of special value for companies, consultants, and other stakeholders functioning in this Tissue Management Software market.
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cindy893 · 5 years
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Bovine-based Collagen for Biomedical Applications Market: 2019 SWOT Analysis by Forthcoming Development
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Global Bovine-based Collagen for Biomedical Applications Market report supplies an in-depth insight of industry covering all important parameters and investigation of economic dynamics is carried out. Throughout the Bovine-based Collagen for Biomedical Applications statistical analysis, the report shows the total international economy of the market including capacity, production, production value, cost/profit, supply/demand, along with import/export.
'Bovine-based Collagen for Biomedical Applications market covers leading regions and nations of the globe, which demonstrates a regional advancement status, for example, market size, and value details.'
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Assessment of Growth Opportunities
The Bovine-based Collagen for Biomedical Applications report gives you the capacity to determine real increase opportunities available and knows the business competence of leading players. It offers you invaluable Bovine-based Collagen for Biomedical Applications insights to create forward-looking and sustainable growth applications for your organization. It also provides you with analytical Bovine-based Collagen for Biomedical Applications information, operational, and industry intelligence to anticipate and address potential market barriers.
Bovine-based Collagen for Biomedical Applications Market Report Simplifies the Leading Players:
BBI Solutions, Symatese, Gurnet Point Capital, Viscofan BioEngineering, Collagen Solutions, Botiss, Medtronic, Taxus Cardium, KYERON, Collagen Matrix
Bovine-based Collagen for Biomedical Applications Market Analysis by Types:
Bone Graft Substitutes
Cartilage Repairs
Collagen-based Scaffolds
Hemostats
Skin Substitutes
Wound dressings
Bovine-based Collagen for Biomedical Applications Market Analysis by Applications:
Hospitals
Ambulatory Surgical Centers
Geographically, Global Bovine-based Collagen for Biomedical Applications Market Report Covers the Regions:
United States, Europe, China, Japan, Southeast Asia, India, Central and South America
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The Bovine-based Collagen for Biomedical Applications market report serves key methods to industries or clients to let them have awareness regarding the current global competitive status, share, and size. The report focuses on the evaluation of Bovine-based Collagen for Biomedical Applications growth opportunities, challenges, market threats, and constraining facets.
Research Objectives of the Bovine-based Collagen for Biomedical Applications Market Report:
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Focuses on the vital global manufacturers, to specify, clarify and analyze the product sales amount, value, Bovine-based Collagen for Biomedical Applications market share, contest landscape, SWOT analysis, and development plans in the next several years;
To investigate the connection to individual Bovine-based Collagen for Biomedical Applications growth trends, prospects, and also their participation in the total market;
To discuss comprehensive Bovine-based Collagen for Biomedical Applications information about the crucial variables affecting the growth of the market;
To project the consumption of Bovine-based Collagen for Biomedical Applications sub-markets, concerning vital regions (along with their respective important nations);
To analyze competitive Bovine-based Collagen for Biomedical Applications progress such as expansions, arrangements, new product launches, and acquisitions on the market;
To profile the vital Bovine-based Collagen for Biomedical Applications players and comprehensively analyze their growth strategies;
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leonfrancisblog · 3 years
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Hemostatic dressing is a wound dressing which consist of an agent that has the ability to promote blood clotting.  These agents have the ability to absorb the water in the blood and increase the clotting capabilities while activating the platelets. There are different types of hemostatic dressing such as gelatin hemostat, combination hemostats, thrombin based hemostats and others. These are widely used in applications such as general surgery, orthopedic surgery, cardiovascular surgery, plastic surgery and others.
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martynnx-blog · 6 years
Text
Veterinary Equipment and Disposables Market Size, Growth, Trends, Top Players & Future Outlook In Near Years
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Veterinarians use a range of tools to perform dressing of the wounds, check-up of vets, collect bodily fluids, and perform various surgeries on the animals. Tools such as surgical clamps, microscopes, saws, pin drivers, suction machines, and catheters are frequently used in surgeries, however, vets also use equipment that are designed specifically for animals. These specialized equipment include electric and manual razors that are used to remove hair from furry animals to perform surgical procedures on them. Other specialized tools include snook hooks, curved hooks, hemostats, and tourniquets. The veterinarians use equipment that are similar to the ones used by physicians adapted to the needs of their animal patients.
Modern veterinary equipment includes tools ranging from simple surgical instruments and disposables such as needles and blades to high technology equipment with imaging capabilities. Specialized veterinarians provides specialized services such as assistance for reproduction through insemination, which can be achieved through the ultrasound procedures, insemination equipment, and blood and fertility tests. The advanced equipment used by the veterinarians include cold laser treatment machines, photo-biotherapy machines, surgical lasers, and others.
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Regional Insights
On the basis of region, the global veterinary equipment and disposables market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America holds a dominant position in the global veterinary equipment and disposables market and is expected to retain its dominance over the forecast period. This attributes to high incidence of chronic animal diseases such as cancer as well as rising investments in animal healthcare. For instance, according to the Animal Cancer Foundation, 2015, around 65 million dogs and 32 million cats live in the U.S. and around 6 million new cancer cases in dogs and cats are reported every year. The data also suggests that one-third of all tumors in dogs are skin tumors, while around 20% are mast cell tumors. Moreover, in 2017, the Blue Buffalo Foundation granted US$ 1 Mn to the Animal Cancer Foundation for the Canine Cancer Genome Project to map the tumor genomes and develop effective therapies.
Furthermore, Asia Pacific is expected to witness a significant growth in the market, owing to rising incidence of infectious animal and livestock diseases that are leading to rising demand for treatment options. According to the Global Animal Disease Intelligence Report 2015, 157 outbreaks of serotype O were reported in different cities of Republic of Korea, primarily in pig farms cattle and goats. Moreover, the players in the Asia Pacific region are targeting international markets to create a significant position in the global market. For instance, in February 2017, Samsung Electronics in collaboration with Henry Schein, Inc. introduced PT10V, point-of-care (PoC) blood analyzer for animal blood tests at the North American Veterinary Community (NAVC) Conference in Orlando, Florida.
Competitive Landscape
Key players operating in the global veterinary equipment and disposables market include Medtronic Plc, Smiths Medical, 3M Company, Digicare Biomedical Technology, Inc., Vetland Medical Sales and Services LLC, DRE Veterinary, Midmark Corporation, Mila International, Inc., Hallowell Engineering and Manufacturing Corporation, and others.
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healthcare00897 · 6 years
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Veterinary Equipment and Disposables Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026
Tumblr media
Veterinarians use a range of tools to perform dressing of the wounds, check-up of vets, collect bodily fluids, and perform various surgeries on the animals. Tools such as surgical clamps, microscopes, saws, pin drivers, suction machines, and catheters are frequently used in surgeries, however, vets also use equipment that are designed specifically for animals. These specialized equipment include electric and manual razors that are used to remove hair from furry animals to perform surgical procedures on them. Other specialized tools include snook hooks, curved hooks, hemostats, and tourniquets. The veterinarians use equipment that are similar to the ones used by physicians adapted to the needs of their animal patients. Modern veterinary equipment includes tools ranging from simple surgical instruments and disposables such as needles and blades to high technology equipment with imaging capabilities. Specialized veterinarians provides specialized services such as assistance for reproduction through insemination, which can be achieved through the ultrasound procedures, insemination equipment, and blood and fertility tests. The advanced equipment used by the veterinarians include cold laser treatment machines, photo-biotherapy machines, surgical lasers, and others.
Market Dynamics
Rising incidence of animal related disorders coupled with increasing investments in veterinary healthcare is expected to drive growth of the veterinary equipment and disposables market. Chronic conditions such as pet cancer, foot and mouth disease, and lumpy skin disease are among the most commonly encountered chronic animal and livestock diseases in the world. According to the Veterinary Cancer Society, 2016, cancer is the leading cause of death in around 47% of the dogs diagnosed with cancer over the age of 10 and 32% of the cats, where Feline Leukemia Virus (FeLV) was one of the leading cause of lymphoma in cats. According a report published by the Royal Veterinary College, University of London, around 3,884 dogs were treated with anal sac impaction procedures in London in 2013. Moreover, the rising investment in animal healthcare is leading to development of innovative technologies such as disposable veterinary infusion pumps for delivering various medical dosage of therapeutics to the pets. For instance, Body Guard 121 Twins introduced in 2011 for vet consists of two independent channels that extend the therapeutic range of option, as the device allows to set up fast high volume rapid infusions, mix two different infusion solutions for an animal or infuse to two different animals from one device. However, lack of accuracy in these devices such as software problems, alarm errors, and inadequate user interface design are expected to hinder the market growth.
Regional Insights
On the basis of region, the global veterinary equipment and disposables market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America holds a dominant position in the global veterinary equipment and disposables market and is expected to retain its dominance over the forecast period. This attributes to high incidence of chronic animal diseases such as cancer as well as rising investments in animal healthcare. For instance, according to the Animal Cancer Foundation, 2015, around 65 million dogs and 32 million cats live in the U.S. and around 6 million new cancer cases in dogs and cats are reported every year. The data also suggests that one-third of all tumors in dogs are skin tumors, while around 20% are mast cell tumors. Moreover, in 2017, the Blue Buffalo Foundation granted US$ 1 Mn to the Animal Cancer Foundation for the Canine Cancer Genome Project to map the tumor genomes and develop effective therapies.
Furthermore, Asia Pacific is expected to witness a significant growth in the market, owing to rising incidence of infectious animal and livestock diseases that are leading to rising demand for treatment options. According to the Global Animal Disease Intelligence Report 2015, 157 outbreaks of serotype O were reported in different cities of Republic of Korea, primarily in pig farms cattle and goats. Moreover, the players in the Asia Pacific region are targeting international markets to create a significant position in the global market. For instance, in February 2017, Samsung Electronics in collaboration with Henry Schein, Inc. introduced PT10V, point-of-care (PoC) blood analyzer for animal blood tests at the North American Veterinary Community (NAVC) Conference in Orlando, Florida.
Competitive Landscape
Key players operating in the global veterinary equipment and disposables market include Medtronic Plc, Smiths Medical, 3M Company, Digicare Biomedical Technology, Inc., Vetland Medical Sales and Services LLC, DRE Veterinary, Midmark Corporation, Mila International, Inc., Hallowell Engineering and Manufacturing Corporation, and others.
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Market Taxonomy
On the basis of product type, the global veterinary equipment and disposables market is segmented into:
   Anesthesia Equipment
       Anesthesia Machines
       Ventilators
       Vaporizers
       Patient Monitoring Devices
       Gas Delivery Management Systems
       Waste Gas Management Systems
   Temperature Management Equipment
       Fluid Warmers
       Patient Warming Systems
   Critical Care Consumables
       Needles
       Wound Management Tools
       Consumable Accessories
       Others
   Rescue & Resuscitation
       Oxygen Masks
      Resuscitation Bags
   Research Equipment
       Induction Chambers
       Lab Evacuation Systems
   Fluid Management Equipment
       Large Volume Infusion Pumps
       Infusion Disposables
       Others
On the basis of animal type, the global veterinary equipment and disposables market is segmented into:
   Large Animals
       Equine
       Bovine
       Other Farm Animals
   Small Companion Animals
       Canine
       Feline
   Zoo Animals
   Research Animals
   Aquatic Animals
   Exotic Animals
On the basis of region, the global veterinary equipment and disposables market is segmented into:
   North America
   Latin America
   Europe
   Asia Pacific
   Middle East
   Africa
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