Wound Care Market Size Worth $29.6 Billion By 2030

The global wound care market is expected to reach USD 29.6 billion by 2030, expanding at a CAGR of 4.1% during the forecast period from 2022 to 2030. The major factors positively influencing the market growth of wound care include the rapid increase in the aging population, the growing number of surgical cases, and the rise in the number of diabetic patients globally.

The unprecedented COVID-19 pandemic has negatively impacted market growth with a severe fall in demand for wound care across all regions. However, with the introduction of the COVID-19 vaccine and the removal of lockdown restrictions, the market is projected to propel during the forecast period. A wide number of postponed surgeries are anticipated to take place. The upgrading of healthcare infrastructure over a period of time, especially in countries like South Korea, India, and Africa, and Middle Eastern countries like the UAE and Saudi Arabia, is anticipated to significantly drive the market growth for wound care.

Prevailing major health concerns like obesity and being overweight further lead to serious health complications like cardiovascular diseases and diabetes which are projected to fasten the demand for related surgeries, and bariatric procedures, hence propelling the market growth in the forthcoming years. In addition, the leading manufacturers of the wound care market are adopting strategies and initiatives like new product launches, geographic expansions, and partnerships, and merging.

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Wound Care Market Report Highlights

• Owing to the global increase in occurrences of traumatic injuries, the chronic wound segment based on application witnessed a revenue share of 59.9% in 2021

• In 2021, the advanced wound dressing segment based on product dominated the market owing to the growing number of diabetic pressure ulcer patients, and registered a revenue share of 34.6%

• 2021 market was dominated by North America with the highest revenue share of 45.4%, owing to the widening number of technological advancements in the region, along with the growing number of surgical procedures

Wound Care Market Segmentation

Wound Care Product Outlook (Revenue, USD Million, 2018 - 2030)
    • Advanced wound dressing
        • Foam dressings
        • Hydrocolloid dressings
        • Film dressings
        • Alginate dressings
        • Hydrogel dressings
        • Collagen dressings
        • Other advanced dressings
    • Surgical wound care
        • Sutures & staples
        • Tissue adhesive and sealants
        • Anti-infective dressing
    • Traditional wound care
        • Medical tapes
        • Cleansing agents
    • Wound therapy devices
        • Negative pressure wound therapy
        • Oxygen and hyperbaric oxygen equipment
        • Electric stimulation devices
        • Pressure Relief Devices
        • Others

Wound Care Application Outlook (Revenue, USD Million, 2018 - 2030)
    • Chronic wounds
        • Diabetic foot ulcers
        • Pressure ulcers
        • Venous leg ulcers
        • Other chronic wounds
    • Acute wounds
        • Surgical & traumatic wounds
        • Burns

Wound Care End-use Outlook (Revenue, USD Million, 2018 - 2030)
    • Hospitals
    • Specialty Clinics
    • Home healthcare
    • Others

Wound Care Regional Outlook (Revenue, USD Million, 2018 - 2030)
    • North America
        • U.S.
        • Canada
    • Europe
        • U.K.
        • Germany
        • France
        • Italy
        • Netherlands
        • Spain
        • Sweden
    • Asia Pacific
        • Japan
        • China
        • India
        • South Korea
        • Taiwan
        • Australia
        • Vietnam
        • Thailand
        • Malaysia
        • Singapore
        • Indonesia
        • Philippines
    • Latin America
        • Mexico
        • Brazil
        • Argentina
    • Middle East and Africa (MEA)
        • South Africa
        • Turkey
        • Egypt
        • Iran
        • Israel
        • Saudi Arabia
        • UAE

List of Key Players in the Wound Care Market
    • Smith & Nephew
    • Mölnlycke Health Care AB
    • ConvaTec Group PLC
    • Ethicon (Johnson & Johnson)
    • Baxter International
    • URGO Medical
    • Coloplast Corp.
    • Medtronic
    • 3M
    • Derma Sciences Inc. (Integra LifeSciences)
    • Medline Industries
    • Advancis Medical
    • B. Braun Melsungen AG