Global Advanced Wound Care Market Size study & Forecast, by Product (Moist, Antimicrobial, Active), by Application (Chronic Wounds, Acute Wounds), by End Use (Hospitals, Specialty Clinics, Home Healthcare, Others) and Regional Analysis, 2023-2030

Description

List of Tables

Global Advanced Wound Care Market is valued at approximately USD 10.28 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 4.75% during the forecast period 2023-2030. Advanced wound care therapies are interventions utilized when conventional wound care methods prove ineffective. An extensive and expanding range of these therapies, with varying compositions and indications, has been developed. Nevertheless, their effectiveness, relative efficacy, and potential risks remain insufficiently established. The rising prevalence of chronic diseases globally fuels a growing demand for advanced wound care products. Additionally, the market demonstrates notable innovation propelled by swift technological progress in advanced wound care, primarily aiming to enhance safety, effectiveness, and usability..

The growing incidence of chronic diseases is the major driver which demands Advanced Wound Care services. According to the United Nations, Chronic diseases including cardiovascular diseases, cancer, diabetes, and respiratory illnesses are projected to contribute to 86% of the 90 million annual deaths, this signifies a 90% increase in absolute numbers compared to 2019.The growing geriatric population is expected to fuel the market growth, due to their slower healing capabilities, which heighten the demand for enhanced wound care therapies tailored to their specific needs. Furthermore, the market is additionally distinguished by a degree of Merger & Acquisition (M&A) activity among key players. This strategic approach allows companies to enhance their capabilities, broaden product portfolios, and bolster competencies. However, the Advanced Wound Care Market is facing increased regulatory scrutiny due to concerns about the effectiveness, safety, and quality of medical devices for patients. Stringent regulations not only elevate the cost of existing products , also pose barriers to entry for new ones. Moreover, the high cost of chronic wound treatments and advanced wound care products are expected to be a challenge in the forecast period 2022-2030.

The key regions considered for the Global Advanced Wound Care Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022. This dominance can be ascribed to the presence of a well-established healthcare infrastructure and a rise in the volume of surgical procedures. The increased adoption of surgical interventions, coupled with a high incidence of chronic disorders, constitutes a significant factor driving market growth. Asia Pacific is expected to grow significantly over the forecast period. This phenomenon can be attributed to the prominence of major key players, the escalating prevalence of chronic disorders, and the increasing expenditure on healthcare.

Major market player included in this report are:

ConvaTec Group PLC
Smith & Nephew PLC
Molnlycke Health Care AB
B. Braun Melsungen AG
3M
Urgo Group
Coloplast Corp.
Integra LifeSciences Corporation
Medline Industries, Inc.
Arthrex, Inc.

Recent Developments in the Market:

In January 2024, 3M Health Care's Medical Solutions Division received USD 34.2 million from the U.S. Army Medical Research Acquisition Activity to develop new solutions for infection prevention, wound management, and wound healing. The focus on treatment strategies is applicable in austere settings, especially for mass casualty and delayed evacuation situations.
In January 2022, ConvaTec Group PLC enters the profitable wound biologics segment by acquiring Triad Life Sciences Inc. This moves bolsters Convatec's Advanced Wound Care business in the US, leveraging highly complementary product portfolios and commercial expertise. It also ensures access to innovative technology and a promising pipeline, with future growth supported by CTEC's global expertise and reach.
In October 2023, Smith+Nephew inaugurates the Smith+Nephew Academy Munich, a center for surgical innovation and training. It serves as a central hub for surgeons from Europe, the Middle East, and Africa to learn advanced techniques using cutting-edge technology through hands-on and digital experiences.

Global Advanced Wound Care Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Product, Application, End Use, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also provides detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Moist
Antimicrobial
Active

By Application:

Chronic Wounds
Active Wounds

By End Use:

Hospitals
Specialty Clinics
Home Healthcare
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1.Executive Summary

1.1.Market Snapshot
1.2.Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1.Advanced Wound Care Market, by Region, 2020-2030 (USD Billion)
- 1.2.2.Advanced Wound Care Market, by Product, 2020-2030 (USD Billion)
- 1.2.3.Advanced Wound Care Market, by Application, 2020-2030 (USD Billion)
- 1.2.4.Advanced Wound Care Market, by End Use, 2020-2030 (USD Billion)
1.3.Key Trends
1.4.Estimation Methodology
1.5.Research Assumption

Chapter 2.Global Advanced Wound Care Market Definition and Scope

2.1.Objective of the Study
2.2.Market Definition & Scope
- 2.2.1.Industry Evolution
- 2.2.2.Scope of the Study
2.3.Years Considered for the Study
2.4.Currency Conversion Rates

Chapter 3.Global Advanced Wound Care Market Dynamics

3.1.Advanced Wound Care Market Impact Analysis (2020-2030)
- 3.1.1.Market Drivers
  - 3.1.1.1.Increasing incidence of chronic diseases
  - 3.1.1.2.Supportive technological advancements
- 3.1.2.Market Challenges
  - 3.1.2.1.High Cost of Advanced Wound Care therapies and products
  - 3.1.2.2.Stringent regulations acting as a barrier
- 3.1.3.Market Opportunities
  - 3.1.3.1.Increasing Geriatric population which demands advanced wound care treatments
  - 3.1.3.2.Increasing Merger & Acquisitions among the key players

Chapter 4.Global Advanced Wound Care Market Industry Analysis

4.1.Porter's 5 Force Model
- 4.1.1.Bargaining Power of Suppliers
- 4.1.2.Bargaining Power of Buyers
- 4.1.3.Threat of New Entrants
- 4.1.4.Threat of Substitutes
- 4.1.5.Competitive Rivalry
4.2.Porter's 5 Force Impact Analysis
4.3.PEST Analysis
- 4.3.1.Political
- 4.3.2.Economical
- 4.3.3.Social
- 4.3.4.Technological
- 4.3.5.Environmental
- 4.3.6.Legal
4.4.Top investment opportunity
4.5.Top winning strategies
4.6.COVID-19 Impact Analysis
4.7.Disruptive Trends
4.8.Industry Expert Perspective
4.9.Analyst Recommendation & Conclusion

Chapter 5.Global Advanced Wound Care Market, by Product

5.1.Market Snapshot
5.2.Global Advanced Wound Care Market by Product, Performance - Potential Analysis
5.3.Global Advanced Wound Care Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
5.4.Advanced Wound Care Market, Sub Segment Analysis
- 5.4.1.Moist
- 5.4.2.Antimicrobial
- 5.4.3.Active

Chapter 6.Global Advanced Wound Care Market, by Application

6.1.Market Snapshot
6.2.Global Advanced Wound Care Market by Application, Performance - Potential Analysis
6.3.Global Advanced Wound Care Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4.Advanced Wound Care Market, Sub Segment Analysis
- 6.4.1.Chronic Wounds
- 6.4.2.Active Wounds

Chapter 7.Global Advanced Wound Care Market, by End Use

7.1.Market Snapshot
7.2.Global Advanced Wound Care Market by End Use, Performance - Potential Analysis
7.3.Global Advanced Wound Care Market Estimates & Forecasts by End Use 2020-2030 (USD Billion)
7.4.Advanced Wound Care Market, Sub Segment Analysis
- 7.4.1.Hospitals
- 7.4.2.Specialty Clinics
- 7.4.3.Home Healthcare
- 7.4.4.Others

Chapter 8.Global Advanced Wound Care Market, Regional Analysis

8.1.Top Leading Countries
8.2.Top Emerging Countries
8.3.Advanced Wound Care Market, Regional Market Snapshot
8.4.North America Advanced Wound Care Market
- 8.4.1.U.S. Advanced Wound Care Market
  - 8.4.1.1.Product breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2.Application breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3.End Use breakdown estimates & forecasts, 2020-2030
- 8.4.2.Canada Advanced Wound Care Market
8.5.Europe Advanced Wound Care Market Snapshot
- 8.5.1.U.K. Advanced Wound Care Market
- 8.5.2.Germany Advanced Wound Care Market
- 8.5.3.France Advanced Wound Care Market
- 8.5.4.Spain Advanced Wound Care Market
- 8.5.5.Italy Advanced Wound Care Market
- 8.5.6.Rest of Europe Advanced Wound Care Market
8.6.Asia-Pacific Advanced Wound Care Market Snapshot
- 8.6.1.China Advanced Wound Care Market
- 8.6.2.India Advanced Wound Care Market
- 8.6.3.Japan Advanced Wound Care Market
- 8.6.4.Australia Advanced Wound Care Market
- 8.6.5.South Korea Advanced Wound Care Market
- 8.6.6.Rest of Asia Pacific Advanced Wound Care Market
8.7.Latin America Advanced Wound Care Market Snapshot
- 8.7.1.Brazil Advanced Wound Care Market
- 8.7.2.Mexico Advanced Wound Care Market
8.8.Middle East & Africa Advanced Wound Care Market
- 8.8.1.Saudi Arabia Advanced Wound Care Market
- 8.8.2.South Africa Advanced Wound Care Market
- 8.8.3.Rest of Middle East & Africa Advanced Wound Care Market

Chapter 9.Competitive Intelligence

9.1.Key Company SWOT Analysis
9.2.Top Market Strategies
9.3.Company Profiles
- 9.3.1. ConvaTec Group PLC
  - 9.3.1.1.Key Information
  - 9.3.1.2.Overview
  - 9.3.1.3.Financial (Subject to Data Availability)
  - 9.3.1.4.Product Summary
  - 9.3.1.5.Recent Developments
- 9.3.2.Smith & Nephew PLC
- 9.3.3.Molnlycke Health Care AB
- 9.3.4.B. Braun Melsungen AG
- 9.3.5.3M
- 9.3.6.Urgo Group
- 9.3.7.Coloplast Corp.
- 9.3.8.Integra LifeSciences Corporation
- 9.3.9.Medline Industries, Inc.
- 9.3.10.Arthrex, Inc.

Chapter 10.Research Process

10.1.Research Process
- 10.1.1.Data Mining
- 10.1.2.Analysis
- 10.1.3.Market Estimation
- 10.1.4.Validation
- 10.1.5.Publishing
10.2.Research Attributes
10.3.Research Assumption

LIST OF TABLES

TABLE 1.Global Advanced Wound Care Market, report scope
TABLE 2.Global Advanced Wound Care Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3.Global Advanced Wound Care Market estimates & forecasts by Product 2020-2030 (USD Billion)
TABLE 4.Global Advanced Wound Care Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 5.Global Advanced Wound Care Market estimates & forecasts by End Use 2020-2030 (USD Billion)
TABLE 6.Global Advanced Wound Care Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7.Global Advanced Wound Care Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8.Global Advanced Wound Care Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9.Global Advanced Wound Care Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10.Global Advanced Wound Care Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11.Global Advanced Wound Care Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12.Global Advanced Wound Care Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13.Global Advanced Wound Care Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14.Global Advanced Wound Care Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15.Global Advanced Wound Care Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16.U.S. Advanced Wound Care Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17.U.S. Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18.U.S. Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19.Canada Advanced Wound Care Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20.Canada Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21.Canada Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22.UK Advanced Wound Care Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23.UK Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24.UK Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25.Germany Advanced Wound Care Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26.Germany Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27.Germany Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28.France Advanced Wound Care Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29.France Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30.France Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31.Italy Advanced Wound Care Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32.Italy Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33.Italy Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34.Spain Advanced Wound Care Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35.Spain Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36.Spain Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37.RoE Advanced Wound Care Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38.RoE Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39.RoE Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40.China Advanced Wound Care Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41.China Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42.China Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43.India Advanced Wound Care Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44.India Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45.India Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46.Japan Advanced Wound Care Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47.Japan Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48.Japan Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49.South Korea Advanced Wound Care Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50.South Korea Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51.South Korea Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52.Australia Advanced Wound Care Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53.Australia Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54.Australia Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55.RoAPAC Advanced Wound Care Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56.RoAPAC Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57.RoAPAC Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58.Brazil Advanced Wound Care Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59.Brazil Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60.Brazil Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61.Mexico Advanced Wound Care Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62.Mexico Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63.Mexico Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64.RoLA Advanced Wound Care Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65.RoLA Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66.RoLA Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67.Saudi Arabia Advanced Wound Care Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68.South Africa Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69.RoMEA Advanced Wound Care Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70.List of secondary sources, used in the study of global Advanced Wound Care Market
TABLE 71.List of primary sources, used in the study of global Advanced Wound Care Market
TABLE 72.Years considered for the study
TABLE 73.Exchange rates considered

List of tables and figures are dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1.Global Advanced Wound Care Market, research methodology
FIG 2.Global Advanced Wound Care Market, Market estimation techniques
FIG 3.Global Market size estimates & forecast methods
FIG 4.Global Advanced Wound Care Market, key trends 2022
FIG 5.Global Advanced Wound Care Market, growth prospects 2023-2030
FIG 6.Global Advanced Wound Care Market, porters 5 force model
FIG 7.Global Advanced Wound Care Market, pest analysis
FIG 8.Global Advanced Wound Care Market, value chain analysis
FIG 9.Global Advanced Wound Care Market by segment, 2020 & 2030 (USD Billion)
FIG 10.Global Advanced Wound Care Market by segment, 2020 & 2030 (USD Billion)
FIG 11.Global Advanced Wound Care Market by segment, 2020 & 2030 (USD Billion)
FIG 12.Global Advanced Wound Care Market by segment, 2020 & 2030 (USD Billion)
FIG 13.Global Advanced Wound Care Market by segment, 2020 & 2030 (USD Billion)
FIG 14.Global Advanced Wound Care Market, regional snapshot 2020 & 2030
FIG 15.North America Advanced Wound Care Market 2020 & 2030 (USD Billion)
FIG 16.Europe Advanced Wound Care Market 2020 & 2030 (USD Billion)
FIG 17.Asia pacific Advanced Wound Care Market 2020 & 2030 (USD Billion)
FIG 18.Latin America Advanced Wound Care Market 2020 & 2030 (USD Billion)
FIG 19.Middle East & Africa Advanced Wound Care Market 2020 & 2030 (USD Billion)