Canada Wound Care Management Devices Market - Growth, Trends, and Forecasts (2017 - 2022)

The Canadian Wound Care Management Devices (WCMD) market was estimated at USD XX billion in 2016 and is projected to reach USD XX by 2021, at a CAGR of about XX% during the forecast period from 2016 to 2021.

Wound care devices are used in the management of acute wounds, infection, chronic wounds, and tissue repair. They are used in the area of orthopedic reconstruction, sports medicine, ear, nose & throat and gynecology.

Canada Wound Care Management Devices Market-Market Dynamics

The report details several factors driving and restraining the market. In addition, the report elucidates the various opportunities and challenges that the market players face. Some of these are listed below.


Aging population
Rise in chronic wounds, ulcers and diabetes population
Increase in the number of surgeries
Rise in the number of government initiatives towards prevention of injuries
Rapid rise in the technological advancements

The market is constrained by the expensive procedures, reluctance in acceptance of new technologies and lack of proper reimbursement policies.

Opportunities and Challenges

The growth of the WCMD market in Canada is majorly associated with the increasing prevalence of chronic wounds. However, pricing pressures and competition are the major challenges faced by the market players in Canada.

The Canadian WCMD market can be segmented by the type of wound into chronic, acute and others; by the type of devices into patch, medical device, and others; and by the area of therapy into orthopedics, sports, gynecology, and others.

The major companies dominating this market with their products, services, and continuous product developments are:

AGFA Healthcare
Philips Healthcare
Siemens Healthcare
Shimadzu Corporation
Toshiba Medical Systems
Key Deliverables in the Study

Market analysis for the Wound Care Management Devices (WCMD) market in Canada, with region-specific assessments and competition analysis on the global and regional scale.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the Canadian WCMD market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions in which this industry is growing and to also identify the regions that are still untapped.

1. Introduction

1.1 Study Deliverables

1.2 Market Definition

1.3 Sizing Units

1.4 Base Currency

1.5 Review and Forecast Period Years

1.6 General Study Assumptions

2. Research Methodology

2.1 Introduction

2.2 Analysis Methodology

2.3 Econometric Forecast Model

2.4 Research Assumptions

3. Executive Summary

4. Key Inferences

5. Market Characterization

5.1 Current Market Scenario

5.2 Market Overview

5.3 Drivers, Restraints, Opportunities, and Challenges (DROC) Analysis

5.3.1 Market Drivers Ageing Demographic Rise in Chronic Wounds and Ulcers Increase in Diabetes and Obese Population Government Initiative on Injury Prevention Increase in Number of Surgeries

5.3.2 Market Restraints Lack of Reimbursement Policies Lack of Awareness of Good Quality Care

5.3.3 Market Challenges Pricing Pressures Competition

5.3.4 Market Opportunities Increasing Prevalence of Chronic Wounds

5.4 Woundcare Market Segmentation

5.4.1 By Product Traditional Woundcare Products Wound Dressings Negative Pressure Wound Therapy Wound Closure Diseases Ostomy Compression Therapy

5.4.2 By End-User Hospitals Community

6. Industry Analysis

6.1 Key Trends and Developments

6.2 Investment Analysis

6.3 Porter?s Five Forces

6.3.1 Bargaining Power of Suppliers

6.3.2 Bargaining Power of Consumers

6.3.3 Threat of New Entrants

6.3.4 Threat of Substitute Products and Services

6.3.5 Competitive Rivalry within the Industry

7. Competitive Landscape

7.1 Key Market Players

7.1.1 Philips Healthcare Philips Healthcare - Business Overview Philips Healthcare - Product and Services Portfolio Philips Healthcare - Deals Landscape Philips Healthcare - SWOT Analysis

7.1.2 Hitachi

7.1.3 AGFA HealthCare

7.1.4 Siemens Healthcare

7.1.5 Shimadzu Corporation

7.1.6 Toshiba Medical Systems

7.1.7 Fujifilm

7.2 Merger and Acquisition Analysis

7.3 New Product Launches

7.4 Agreements, Collaborations & Partnerships

8. Analyst Outlook for Investment Opportunities

9. Future Outlook of the Market

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