PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1793323
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1793323
The global wound care market is projected to reach USD 30.48 billion by 2030 from USD 22.22 billion in 2025, at a CAGR of 6.5% during the forecast period.
Scope of the Report | |
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Years Considered for the Study | 2024-2030 |
Base Year | 2024 |
Forecast Period | 2025-2030 |
Units Considered | Value (USD billion) |
Segments | Product, Wound type, and End User |
Regions covered | North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
This is due to the increasing rise of diabetic patients, rising cases of traumatic injuries and burn injuries, and the growing geriatric population, which drives market growth. Additionally, the risk of advanced wound care products restraining the market growth.
The hospitals and clinics segment of the wound care market, by end user, is expected to hold the largest position during the forecast period.
Based on end user, the market is segmented into hospitals and clinics, home care settings, long-term care facilities, and other end users. In 2024, hospitals and clinics account for the largest share of the market. This dominance is driven by the rising prevalence of diabetic foot ulcers and surgical wounds, which require professional medical attention. Additionally, the aging population with chronic conditions such as diabetes and vascular disorders has led to an increase in hospital visits for wound care. Hospitals and specialized care centers are well equipped with experienced medical personnel, standardized treatment protocols, and a comprehensive range of wound care products, enabling efficient and effective treatment. The continued emphasis on enhancing wound care outcomes and patient recovery further reinforces the leading position of this segment.
Asia Pacific is the fastest-growing region of the wound care market.
The global wound care market is segmented into five segments, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The Asia Pacific wound care market is expanding due to a growing aging population and a rise in lifestyle-related diseases that contribute to chronic wounds. Increased demand for quality healthcare and greater investments in hospital infrastructure and medical technologies are boosting the adoption of advanced wound care products. Moreover, the surge in medical tourism across countries like India, Thailand, and Singapore is driving surgical volumes, further increasing the need for post-operative wound care. As healthcare providers in the region focus on improving treatment outcomes and reducing recovery times, the market is poised for robust growth, with Asia Pacific projected to witness the highest CAGR during the forecast period.
Note 1: Companies are classified into tiers based on their total revenue. As of 2023, Tier 1 = >USD 10.00 billion, Tier 2 = USD 1.00 billion to USD 10.00 billion, and Tier 3 = <USD 1.00 billion.
Note 2: C-level primaries include CEOs, CFOs, COOs, and VPs.
Note 3: Other designations include sales managers, marketing managers, business development managers, product managers, distributors, and suppliers.
The major players operating in the wound care market are Solventum (US), Johnson & Johnson Services, Inc. (US), Smith+ Nephew (UK), Convatec Group PLC (UK), Coloplast Group (Denmark), Cardinal Health (US), Molnlycke AB (Sweden), Integra LifeSciences Corporation (US), PAUL HARTMANN AG (Germany), B.Braun SE (Germany), Organogenesis Inc. (US), MIMEDX Group, Inc. (US), Essity Aktlebolag (Sweden), Avery Dennison Corporation (US), Mativ Holdings, Inc. (US), Owens & Minor (US), Zimmer Biomet (US), Bioventus (US), Medtronic (Ireland), and Baxter (US).
Research Coverage
This report studies the wound care market based on product, wound type, end user, and country. The report also studies factors (such as drivers, restraints, opportunities, and challenges) affecting market growth and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micro markets with respect to their individual growth trends. It forecasts the revenue of the market segments with respect to five major regions (and the respective countries in these regions).
Reasons to Buy the Report
The report will enable established firms as well as entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them to garner a larger market share. Firms purchasing the report could use one or a combination of the strategies mentioned below to strengthen their market presence.
rising incidence of burn injuries, rising use of regenerative medicine for wound management,
and government initiatives and reimbursement policies), restraints (high cost of advanced wound care products, risks associated with use of advanced wound care products
and antimicrobial resistance challenges), opportunities (Growth opportunities in emerging economies, technological advancement in wound care, and home-care optimized solutions), challenges (lack of trained healthcare professionals, Limited awareness in underdeveloped regions, and data security and privacy concerns)