Germany Wound Care Management Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Germany Wound Care Management Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Germany Wound Care Management Devices Market is poised to grow at a CAGR of 5.8% over the forecast period (2022-2027).

As COVID-19 spread, it quickly turned into a pandemic, seriously disrupting healthcare services, including the treatment of injured patients. Wound care delivery, which is a crucial medical service, has altered as a result of the demand. Instead of preventing wound healing, the primary goals of wound care during this time were to minimize significant wound complications, decrease hospitalization, and avoid surgery, whenever possible. According to the study titled "Impact of COVID-19 on wound care in Germany" published in the International wound Journal in February 2021, in Germany, the COVID-19 pandemic hindered access to clinical care for chronic wounds. However, the limitations had no appreciable effect on the quality of life associated with wound care or at-home care. In spite of its obvious benefits in wound care, particularly in light of the epidemic, telemedicine is hardly used in Germany. Thus, during COVID-19 the wound care management devices market was significantly impacted.

Recently, increasing cases of chronic wounds, ulcer and diabetic ulcers in Germany have helped the growth of the market. With the prevalence of diabetes increasing Germany and diabetic patients being more likely to develop diabetic ulcers, it is anticipated that the market for wound care management devices will expand significantly. According to the Interanational Diabetes Federation in 2021, 6,199.9 thousand people have diabetes in Germany in 2021 and by 2030 the number is expected to increased 6,519.7 thousand. As a result, it is anticipated that during the forecast period, demand for wound care biologics will increase and the market will expand more quickly due to the rising incidence of diabetes, which is a significant risk factor for the development of foot ulcers.

Market expansion is likely to be aided by the fact that market participants frequently launch new products and employ a variety of growth strategies in their specific segments. For instance, in June 2021, German company Schülke & Mayr GmbH (schülke) and Bactiguard have agreed to an exclusive distribution agreement for German hospitals for wound care solution.

However, reimbursement issues and high cost of products may restrain the growth of the market.

Key Market TrendsApplication in Diabetic Foot Ulcer (DFU) is Expected to Dominate the Market

A wound dressing is a sterile pad or compresses applied to a wound to promote healing and protect the wound from further harm. A dressing is designed to be in direct contact with the wound, as distinguished from a bandage, which is most often used to hold a dressing in place. Many modern dressings are self-adhesive.

Moreover, newer wound dressings are very effective on diabetic foot ulcers, which are highly prevalent among diabetes patients. According to the study titled "Stem Cell-Based Therapy: A Promising Treatment for Diabetic Foot Ulcer" in Biomedicine in June 2022, there are roughly 60,000 amputation cases per year, making Germany the European nation with the highest amputation incidence. DFUs are regarded as the primary reason for amputation. As the cases of diabetes increases in Germany, the prevalence of diabetic foot ulcers is also expected to rise in the future. This is expected to impact the growth of the market positively.

According to the study titled "Cumulative long-term recurrence of diabetic foot ulcers in two cohorts from centers in Germany and the Czech Republic" published in the Diabetes Research and Clinical Practice in February 2021, in Germany, the cumulative DFU recurrence rate was around 70% over a 15-year period, and patients who have had an ulcer before are more likely to experience another one in the future. Thus, increasing recurrence rate of DFU is expected to boost the segment growth over the forecast period.

Competitive Landscape

The leading manufacturers of the wound care management market are focused on market consolidation and expansion of their product portfolios. Germany is a developed nation that is encircled by other developed countries in Europe. Some of the players include 3M Company, B. Braun Melsungen AG, and Medtronic PLC and among others operating in the Germany Wound Care Management market.

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