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SmartTRAK Life Sciences News and Analysis Blog

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A Turbulent Year: Q420/FY20 AWC Market Recap

4/22/21 10:08 AM

Q420 AWC Header-1A year of turbulence as COVID-19 affects the WW Advanced Wound Care market at different times and in a variety of ways throughout the year.

For FY20, according to BioMedGPS’ SmartTRAK Financial Dashboard, WW Advanced Wound Care (AWC) revenue for Advanced Dressings, External Devices and Biologics was down -1.9% YoY. Q420 grew +1.0%, reflecting the gradual recovery in the market.

Among the many topics covered in the comprehensive Q420/FY20 Advanced Wound Care Market Recap* are:

  • Complete AWC Market Overview
  • All Companies' Revenues and Market Share
  • Market Leaders Impacted by COVID-19
  • US Wound Biologics – Market Leaders Display Different Strategies
  • NPWT – Showing Signs of Stabilizing
  • Advanced Dressings - Chronic Wound Dressings Soften Blow to Surgical Dressings
  • Growth Analysis

3M* maintained the number one position in the AWC space, capturing 22.3% of the market, according to SmartTRAK Financial Dashboard. In second place, S+N* reported FY20 revenue for its Advanced Wound Management (AWM) business was down -5.1% YoY. FY20 year results were boosted by the acquisition of Osiris in April 2019. For Q420, the franchise reported revenue of ...

Read the entire Q420/FY20 Advanced Wound Care Market Recap including news, data, charts, company revenues, shares and analysis*

*The entire article and links can only be viewed by SmartTRAK subscribers to this module. For more information on how to receive a demo and subscribe, please click here.

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Topics: Wound Care

Susan Paquette
Written by Susan Paquette

Susan Paquette, MS, MBA | Vice President and General Manager, Wound. 25+ years' experience in new business development, R&D, international and marketing. Director, New Business Development & Commercialization, 3M Health Care; Technical Director, 3M Medical.

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