Market Trends of Japan Wound Care Management Devices Industry
Diabetic Foot Ulcer Under Chronic Wound Segment is Expected to Have a Significant Share in the Market
One of the most prevalent consequences for those with poorly controlled diabetes mellitus is diabetic foot ulcers. Poor foot care, peripheral vascular disease, underlying neuropathy, and poor glycemic control are the usual causes. For instance, as per the IDF Diabetes Atlas 2021, the number of patients aged 20-79 years with diabetes in Japan for 2021 was estimated at 11.0 million. Thus, with a high burden of diabetes, there is an increased risk for diabetic foot ulcers, which need proper wound care management and is expected to drive the market over the forecast period.
Furthermore, the high prevalence or incidence of diabetic foot ulcers is expected to be the major wound type that requires wound care management in the Japanese population. According to the article published by the Journal of Foot and Ankle Research in April 2021, the incidence of diabetic foot ulcers was 2.9 per 1000 person-years in Japan. Such risk of wound healing due to diabetes is expected to drive the demand for wound care management devices in Japan, thereby contributing to the growth of the studied segment during the forecast period.
Moreover, the new product approvals and launches for diabetic foot ulcer management are expected to drive the market due to the effective and safe use of products. For instance, in June 2021, MIMEDX Group, Inc. received regulatory approval from the JMHLW to market EPIFIX in Japan. EPIFIX was approved for hard-to-heal chronic wounds, such as diabetic foot ulcers (DFUs), to protect the wound bed to aid in the development of granulation tissue and deliver a human biocompatible extracellular matrix. Hence, new product approvals and better advantages of those products increase the usage of wound care management products and boost the market's growth over the study period.
Dressings Under Wound Care Segment is Expected to Register the Highest CAGR in the Market Over the Forecast Period
A wound dressing is a sterile pad or compresses applied 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. Moreover, the increasing number of surgeries in the region due to old age and other factors increases the demand for dressings, which helps the market to grow.
For instance, the report by Asian Plastic Surgery in April 2022 stated that plastic surgery has a long history as a discreet but popular procedure with the fourth-highest estimated number of plastic surgeons in Japan. As per the same source mentioned above, in 2021, a study revealed that the most common motivators for increasing attitudes toward aesthetic procedures in Japanese patients were self-investment and self-confidence. Hence, with the increase in plastic surgeries, the demand for surgical dressings increases, which is expected to boost the market through this segment.
