Increasing incidence of chronic wounds in developing and developed economies, rising costs of wound management, increasing number of ageing population in developed markets and Advantages associated with use of smart wound care products like patient comfortness, cost effectiveness expected to drive the market for smart wound care products market over forecast period. Moreover, smart care products generate significant cost savings, due to reduced hospital stay and clinical inspection time result of faster healing which contribute to boost market revenue for smart wound care products in the market. For instance, in the UK alone, around 200,000 patients are treated for chronic wounds yearly at an estimated annual cost of £4 billion this signifies the need effective healing strategies for wounds in patients. However, higher prices of smart wound care products, dearth of product availability and accessibility may hamper the market revenue growth of smart wound care products market over forecast period.A sample of this report is available upon request @
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Smart wound care products market has been segmented on the basis of product type, material type, end user, and region
Based on product type, Smart wound care products market segmented as follows:
• Wound Dressings
• Bandages
• Others
Based on material type, Smart wound care products market segmented as follows:
• Smart Polymers
• Textile Based
Based on distribution channel, Smart wound care products market segmented as follows:
• Hospitals
• Clinics
• Homecare Settings
• E-Commerce
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Players in smart wound care research arena collaborating with research institutes and innovation centres to come up with innovative products for smart wound care. For instance in 2015, Holst Centre has teamed up with Ireland’s leading ICT research centre, Tyndall National Institute (Cork) and medical equipment provider Fleming Medical (Limerick) to develop the world’s first commercially-available “smart care products” for use in futuristic wound care applications. Other players developing self regulating care products with smart polymers to fasten the healing process. For instance, OSNovative Systems, Inc. developed ENLUXTRA, a smart wound care products is the first and only self-regulating super-absorbent fiber wound care products with the highest adaptive absorbency and built-in adaptive hydration function.
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Some of the players in the Smart wound care products market include OSNovative Systems, Inc., and Derma Sciences, Inc. to name a few.
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