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    Indian Wound Care Market Overview Morulaa HealthTech

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    Sakshi Khurana
    The Indian wound care market is growing rapidly, expected to reach $5.5 billion by 2020 with a CAGR of 7.4%. Traditional and moist products currently make up 94% of the market but advanced wound care is growing and expected to increase its 6% market share substantially. The number of international companies entering the Indian wound care market has also increased from 6 in 2007 to over 12 in 2017.

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    Indian Wound Care Market Overview Morulaa HealthTech

    Uploaded by

    Sakshi Khurana
    110 views1 page
    The Indian wound care market is growing rapidly, expected to reach $5.5 billion by 2020 with a CAGR of 7.4%. Traditional and moist products currently make up 94% of the market but advanced wound care is growing and expected to increase its 6% market share substantially. The number of international companies entering the Indian wound care market has also increased from 6 in 2007 to over 12 in 2017.

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    The Indian wound care market is growing rapidly, expected to reach $5.5 billion by 2020 with a CAGR of 7.4%. Traditional and moist products currently make up 94% of the market but advanced wound care is growing and expected to increase its 6% market share substantially. The number of international companies entering the Indian wound care market has also increased from 6 in 2007 to over 12 in 2017.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    110 views1 page

    Indian Wound Care Market Overview Morulaa HealthTech

    Uploaded by

    Sakshi Khurana
    The Indian wound care market is growing rapidly, expected to reach $5.5 billion by 2020 with a CAGR of 7.4%. Traditional and moist products currently make up 94% of the market but advanced wound care is growing and expected to increase its 6% market share substantially. The number of international companies entering the Indian wound care market has also increased from 6 in 2007 to over 12 in 2017.

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    © All Rights Reserved
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    Download as pdf or txt
    of 1

    The Growth of the Indian Wound Care Market

    Old Diseases

    Frontier Markets

    The history of Wound Care has spanned from prehistoric to

    The Indian Wound Care market is currently growing at a CAGR of 7.4 %, in comparison to 7 % for the rest of the world and is expected to reach

    modern medicine. As wounds naturally tend to heal them-

    US $ 5.5 billion in 2020 (Figure 1). Traditional and Moist products together constitute 94 % of the market (Figure 2). This is reflected in Figure

    selves, little importance was given to this aspect of health-

    3, which shows an increasing trend in the number of International companies entering the Indian market. The Advanced Wound Care market

    care, but with the realization of the necessity of hygiene and

    currently occupies 6 % of the market share (Figure 2) and is expected to grow rapidly by 2020.

    hemeostasis, Wound Care became an indispensible factor.

    cient Egypt and Greek medicine. Honey was utilized for its
    antibacterial properties and used as a topical ointment for
    many centuries.

    14

    Active
    6%

    5.00

    12

    5.00

    10

    4.00

    4.00
    3.00

    Advanced
    36 %

    3.00
    2.00

    Traditional
    58 %

    2.00

    No. of Companies

    lint, animal grease and honey was a common practice in an-

    6.00

    6.00

    Revenue Trends (in US $ billions)

    The treatment of acute and chronic wounds with the use of

    1.00

    Advanced
    Moist

    Traditional
    4
    2

    1.00

    0.00
    2011

    New Treatments

    2012

    2013

    2014

    0.00
    2011

    2012

    2013

    2014

    2015

    Year
    2015

    2016

    2016

    2017

    2017

    2018

    2018

    2019

    2020

    2019

    2020

    Figure 1. Revenue Trends of the Indian Wound


    Care Market

    2007

    2008

    2009

    2010

    Year

    Figure 2. Segmentation of the Indian


    Wound Care Market

    Figure 3. Market Entry Trends of the Indian Wound


    Care Segments

    In the 1950s, the advent of fibrous synthetics provided new


    materials from which researchers and doctors in the field

    A Pioneering Company

    of Wound Care explored better options for healing wounds


    and even accelerating the natural wound healing process.
    Wound Care has come a long way from the use of traditional products such as cotton and gauzes to wet, dry dressings
    and other mechanical products. Recent advancements in research on negative pressure wound therapy, alginate dressings, growth factors, skin replacements, grafting and other
    biotechnology techniques have changed the face of Wound

    India is a rare example of a country in which both the population is growing and the living standards are improving. The demand for high-quality healthcare clearly exists but who will supply it? Allow Morulaa, with its strong pedigree and global contact network, to introduce you to
    a market that demands supply like no other.

    feasibility services

    Regulatory services

    Market entry, economic


    feasibility and business
    development strategy for your
    company

    Registration and In-Country


    Representation of your product
    in India

    Distributor Search
    Distributor identification, contract negotiation and purchase
    orders

    Post market services


    Ongoing management of distributors and expansion to other
    geographical areas

    Care making it one of the fastest growing markets in healthcare.

    Rekha Subramanian, Sales & Marketing | [email protected] | +91 - 9566191397 | www.morulaa.com |

    Morulaa: Connecting Your Company With Its Future

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