New Technologies and Increased Competition on the Cards for Advanced Wound Management Markets in South Korea.DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c69559) has announced the addition of Frost & Sullivan's new report: Advanced Wound Management Markets in South Korea to their offering. Acute Wound Care to Grow at Faster Pace than Chronic Wound Care As one of the most developed Asian countries Noun 1. Asian country - any one of the nations occupying the Asian continent Asian nation country, land, state - the territory occupied by a nation; "he returned to the land of his birth"; "he visited several European countries" , South Korea has a well-established healthcare infrastructure and high per capita [Latin, By the heads or polls.] A term used in the Descent and Distribution of the estate of one who dies without a will. It means to share and share alike according to the number of individuals. healthcare expenditure. It also has a strong National Healthcare Insurance (NHI NHI abbr. National Health Insurance ) program. These factors make it an attractive market for advanced wound management products, which already have wide usage in chronic wound care. With usage in acute wound care also set to increase due to a rise in surgeries, the market is poised for strong growth. Specialist orthopedic orthopedic /or·tho·pe·dic/ (-pe´dik) pertaining to the correction of deformities of the musculoskeletal system; pertaining to orthopedics. and cardiothoracic cardiothoracic /car·dio·tho·rac·ic/ (-thah-ras´ik) pertaining to the heart and the thorax. car·di·o·tho·rac·ic n. Of or relating to the heart and the chest. surgeons use advanced wound management products more frequently than general surgeons General surgeon A physician who has special training and expertise in performing a variety of operations. Mentioned in: Appendectomy , driving demand for these products. "Acute wound care procedural growth is expected to outpace out·pace tr.v. out·paced, out·pac·ing, out·pac·es To surpass or outdo (another), as in speed, growth, or performance. outpace Verb [-pacing, chronic wound care due to better management of chronic wounds, resulting in lower chronic wound care procedural volumes," notes the analyst of this research service. "Advanced wound management products are expected to be more applicable for acute wound types." Nevertheless, chronic wound care products will be sustained by higher incidences of diabetic ulcers due to a large diabetic population in South Korea. Diabetic ulcers accounted for more than 50.0 percent of all chronic wound types in 2006. Emergence of New Technologies and Increased Competition on the Cards New technologies and treatment methods are expected to emerge in wound care and management under pressure to increase the quality of patient care. Technologies such as negative pressure wound therapy Negative Pressure Wound Therapy (NPWT) is the use of sub-atmospheric pressure to promote or assist wound healing, or to remove fluids from a wound site. History Negative Pressure Wound Therapy in its present form was developed by Dr. Louis Argenta and Dr. (NPWT NPWT Negative Pressure Wound Therapy ) and tissue engineering for wound care are attracting growing interest from specialist surgeons in South Korea. Current usage rates of NPWT and biomaterials are currently around 4 to 5 percent, but these are set to increase. The levels of competition in the South Korean advanced wound management market are also increasing due to the entry of local medical device manufacturers that have successfully partnered with pharmaceutical companies to distribute their products. This has led to their increasing domination in the moist wound dressing segment, the largest segment in the advanced wound management market. However, conventional products such as gauze gauze (gawz) a light, open-meshed fabric of muslin or similar material. absorbable gauze gauze made from oxidized cellulose. are still being used widely in South Korea, indicating the ample scope for growth for greater usage of advanced wound management products. The following technology is covered in this research: * Negative Pressure Wound Therapy (NPWT): The application of suction suction /suc·tion/ (suk´shun) aspiration of gas or fluid by mechanical means. post-tussive suction a sucking sound heard over a lung cavity just after a cough. to isolate a wound area, preventing infection and promoting better healing. Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research: - Acute wound care - Chronic wound care 1. Executive Summary - 1. Executive Summary - - 1. Executive Summary 2. Research Scope and Market Definitions - 1. Research Scope and Market Definitions - - 1. Research Scope and Market Definitions 3. South Korean Advanced Wound Management Market - 1. South Korean Advanced Wound Management Market - - 1. South Korean Advanced Wound Management Market 4. Medical Specialty in South Korea - 1. Medical Specialty in South Korea - - 1. Medical Specialty in South Korea 5. Acute Wound Care Market Analysis - 1. Acute Wound Care Market Analysis - - 1. Acute Wound Care Market Analysis 6. Chronic Wound Care Market Analysis - 1. Chronic Wound Care Market Analysis - - 1. Chronic Wound Care Market Analysis 7. Medical Specialty Usage Trends - 1. Medical Specialty Usage Trends - - 1. Medical Specialty Usage Trends 8. Market Forecasts - 1. Market Forecasts - - 1. Market Forecasts 9. Strategic Analysis - 1. Strategic Analysis - - 1. Strategic Analysis 10. Decision Support Database - 1. Decision Support Database - - 1. Decision Support Database For more information visit http://www.researchandmarkets.com/reports/c69559 |
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