ADVANCED WOUND CARE MARKET: OVERVIEW
As per Roots Analysis, the global advanced wound care market is estimated to grow from USD 11.57 billion in the current year to USD 20.21 billion by 2035, at a CAGR of 5.20% during the forecast period, till 2035.
The market sizing and opportunity analysis has been segmented across the following parameters:
Type of Advanced Wound Care Product
- Advanced Wound Care Dressings
- Bioengineered Skins and Dermal Substitutes
- Wound Healing Medical Devices
Type of Advanced Wound Care Dressing
- Foam Dressings
- Antimicrobial Dressings
- Hydrogel Dressings
- Hydrocolloid Dressings
- Alginate Dressings
- Composite Dressings
- Other Type of Wound Care Dressings
Type of Bioengineered Skins and Dermal Substitute
- Allografts
- Autografts
- Extracellular Matrices
- Growth Factors
- Other Dermal Substitutes
Type of Wound Healing Medical Device
- Negative Pressure Wound Therapy
- Hyperbaric Oxygen Therapy
- Topical Oxygen Therapy
- Hydrotherapy
- Electric Stimulation Therapy
- Skin Closure Systems / Adhesives
- Other Wound Healing Medical Devices
Type of Wound Treated
- Acute Wounds
- Chronic Wounds
Type of Acute Wound Treated
- Surgical Wounds
- Burns
- Other Acute Wounds
Type of Chronic Wound Treated
- Venous Ulcers
- Diabetic Ulcers
- Pressure Ulcers
- Other Chronic Wounds
- Type of End Users
- Hospital Care
- Home Care / Door to Door Services
- Other Types of End Users
Key Geographical Regions
- North America
- Europe
- Asia-Pacific and Rest of the World
ADVANCED WOUND CARE MARKET: GROWTH AND TRENDS
The rising prevalence of chronic diseases has resulted in an increase in the associated co-morbidities, including wounds, mental health disorders, vascular disorders, sensory impairments, and others. Among these, the management of wounds has emerged as a critical aspect within the healthcare sector. Presently, more than 15 million individuals worldwide are suffering from various types of wounds, generating a healthcare expenditure of more than USD 31 billion. In the US alone, Medicare beneficiaries spend more than USD 50 billion annually on wound treatment and management. Apart from the economic implications, wound management also imposes a burden on the physiological aspects of health. For instance, individuals experience a decline in quality of life by 2.5% due to the presence of associated wounds. With the rise in the geriatric population, which is prone to wounds and chronic disease conditions, the management of wounds has emerged as a paramount focal point within the healthcare sector. Several companies have developed and are developing advanced wound care products to overcome these challenges.

Further, in order to increase the adoption of advanced wound care products, stakeholders are actively integrating wound care products with automation tools, artificial intelligence and machine learning. These initiatives have led to the development of smart bandages and mobile-operated wound care products. Consequently, the wound care market is expected to gain widespread popularity in the coming years.
ADVANCED WOUND CARE MARKET: KEY INSIGHTS
The report delves into the current state of the advanced wound care market and identifies potential growth opportunities within the industry. Some key findings from the report include:
- Currently, more than 180 companies claim to manufacture various types of advanced wound care products; of these, more than 60% of players are headquartered in North America.
- 43% of companies manufacturing advanced wound care products offer advanced wound care dressings; around 85% of these companies offer dressings to treat both acute and chronic wounds.
- In pursuit of building a competitive edge, companies are actively expanding their existing capabilities to enhance their respective offerings and comply with evolving industry benchmarks.
- Since 2018, over 135 clinical trials have been registered to evaluate the efficacy of various advanced wound care products; 50% of these studies are being conducted across different sites in the US.

- In recent years, the domain has witnessed a significant growth in partnership activity; majority of the deals involved acquisitions by players located in the US.
- Driven by the rising prevalence of chronic wounds and a growing number of geriatric populations, the market for advanced wound care products is poised to witness significant growth in the foreseen future.
- The advanced wound care market is projected to grow at a CAGR of 5.20%; in the long term, the majority of the revenues are likely to be generated by players manufacturing advanced wound care dressings.
- The projected market opportunity is anticipated to be well-distributed across different types of wound-healing medical devices, types of wounds treated and key geographical regions.
ADVANCED WOUND CARE MARKET: KEY SEGMENTS
Wound Care Dressings Segment Occupy the Largest Share of the Advanced Wound Care Market
Based on the type of advanced wound care product, the market is segmented into advanced wound care products, wound care dressings, bioengineered skin and dermal substitutes, and wound healing medical devices. At present, the wound care dressings segment holds the maximum (~60%) share of the global advanced wound care market. Additionally, the bioengineered skins and dermal substitutes segment is likely to grow at a faster pace compared to the other segments.
By Type of Advanced Wound Care Dressing, Composite Dressings is the Fastest Growing Segment of the Global Advanced Wound Care Market During the Forecast Period
Based on the type of advanced wound care dressing, the market is segmented into foam dressings, antimicrobial dressings, alginate dressings, hydrogel dressings, hydrocolloid dressings, composite dressings and other types of wound care dressings. Currently, the foam dressings segment captures the highest proportion (~30%) of the global advanced wound care market. It is worth highlighting that the advanced wound care market for the composite dressings segment is likely to grow at a relatively higher CAGR.
Allografts Segment Occupies the Largest Share of the Advanced Wound Care Market by Type of Bioengineered Skin and Dermal Substitute
Based on the type of bioengineered skin and dermal substitute, the market is segmented into allografts, autografts, extracellular matrices, growth factors and other dermal substitutes. At present, the allografts segment holds the maximum share (~50%) of the advanced wound care market. In addition, the anticipated approvals of xenografts, tissue constructs, and bioengineered skin products will likely drive the extracellular matrices segment to grow at a relatively higher CAGR.
By Type of Wound Healing Medical Devices, the Topical Oxygen Therapy Segment is the Fastest Growing Segment of the Advanced Wound Care Market During the Forecast Period
Based on the type of wound healing medical devices, the market is segmented into negative pressure wound therapy, hyperbaric oxygen therapy, topical oxygen therapy, hydrotherapy, electric stimulation therapy and other wound healing medical devices. Currently, negative pressure wound therapy segment captures the highest proportion (~50%) of the advanced wound care market. Further, it is worth highlighting that the advanced wound care market for topical oxygen therapy is likely to grow at a relatively higher CAGR.
Chronic Wounds Segment Account for the Largest Share of the Global Advanced Wound Care Market
Based on the type of wound treated, the market is segmented into acute wounds and chronic wounds. Currently, chronic wounds segment holds the maximum share (~80%) of the global advanced wound care market. This trend is likely to remain the same in the coming years.
By the Type of Acute Wound Treated, the Surgical Wounds Segment is Likely to Dominate the Advanced Wound Care Market
Based on the type of acute wound treated, the market is segmented into surgical wounds, burns and other acute wounds. At present the surgical wounds segment holds the maximum share of the advanced wound care market. Additionally, the burns segment is expected to show the highest growth potential during the forecast period, growing at a higher CAGR (7.0%), compared to the other segments.
The Venous Ulcers Segment by Type of Chronic Wound Treated Occupies the Largest Share of the Advanced Wound Care Market
Based on the type of chronic wound treated, the market is segmented into diabetic ulcers, pressure ulcers, venous ulcers and other chronic wounds. Whilst the venous ulcers segment is expected to be the primary driver of the overall market, it is worth highlighting that the global advanced wound care market for pressure ulcers segment is likely to grow at a relatively higher CAGR of 6.5%.
Currently, the Hospital Care Segment Holds the Largest Share of the Advanced Wound Care Market
Based on end users, the global market is segmented into hospital care, home / door to door services and other types of end users. Currently, the hospital care segment holds the largest market share (~50%). However, the advanced wound care market for home care / door to door services is expected to witness substantial growth in the coming years.
North America Accounts for the Largest Share of the Market
Based on key geographical regions, the market is segmented into North America, Europe, Asia-Pacific and Rest of the World. Currently, North America (45%) dominates the advanced wound care market and accounts for the largest revenue share.
Example Players in the Advanced Wound Care Market
- 3M
- Arthrex
- Advanced Medical Solutions
- Cardinal Health
- Coloplast
- Convatec
- DeRoyal
- Ethicon
- Essity
- Fidia Farmaceutici
- Integra Life Sciences
- Medline Industries
- Molnlycke Healthcare
- Organogenesis
- RTI Surgical
- Smith+Nephew
- Zimmer Biomet
ADVANCED WOUND CARE MARKET: RESEARCH COVERAGE
- Market Sizing and Opportunity Analysis: The report features an in-depth analysis of the global advanced wound care market, focusing on key market segments, including [A] type of advanced wound care product, [B] type of advanced wound care dressing, [C] type of bioengineered skins and dermal substitute, [D] type of wound healing medical device, [E] type of wound treated, [F] type of acute wound treated, [G] type of chronic wound treated, [H] type of end users and [I] key geographical regions.
- Advanced Wound Care Product Manufacturers Market Landscape: A comprehensive evaluation of advanced wound care companies, based on several relevant parameters, such as [A] year of establishment, [B] company size, [C] location of headquarters, [D] type of advanced wound care product, [E] type of advanced wound care dressing, [F] type of bioengineered skin and dermal substitute, [G] type of wound healing medical device, [H] type of wound treated, [I] type of acute wound treated and [J] type of chronic wound treated.
- Company Competitiveness Analysis: A comprehensive competitive analysis of advanced wound care companies, examining factors, such as [A] supplier strength and [B] company competitiveness.
- Company Profiles of Advance Wound Care Dressing Manufacturers: In-depth profiles of key players engaged in the development of advance wound care dressings, focusing on [A] overview of the company, [B] financial information (if available), [C] product portfolio, and [D] recent developments and [E] an informed future outlook.
- Company Profiles of Bioengineered Skins and Dermal Substitute Manufacturers: In-depth profiles of key players engaged in the development of bioengineered skins and dermal substitutes, focusing on [A] overview of the company, [B] financial information (if available), [C] product portfolio, and [D] recent developments and [E] an informed future outlook.
- Company Profiles of Wound Healing Medical Device Manufacturers: In-depth profiles of key players engaged in the development of wound healing medical devices, focusing on [A] overview of the company, [B] financial information (if available), [C] product portfolio, and [D] recent developments and [E] an informed future outlook.
- Clinical Trial Analysis: An insightful analysis of clinical trials related to advanced wound care products, based on several parameters, such as [A] trial registration year, [B] trial phase, [C] trial status, [D] type of wound treated, [E] type of wound care product, [F] trial purpose, [G] age group, [H] type of sponsor, [I] most active player, [J] enrolled patient population, and [K] key geographical regions.
- Partnerships and Collaborations: An insightful analysis of the deals inked by stakeholders in the advanced wound care market, based on several parameters, such as [A] year of partnership, [B] type of partnership, [C] purpose of partnership, [D] type of partner, [E] most active players (in terms of the number of partnerships signed) and [F] geographical distribution of partnership activity.
- Market Impact Analysis: A thorough analysis of various factors, such as drivers, restraints, opportunities, and existing challenges that are likely to impact market growth.
KEY QUESTIONS ANSWERED IN THIS REPORT
- How many companies are currently engaged in this market?
- Which are the leading companies in this market?
- What factors are likely to influence the evolution of this market?
- What is the current and future market size?
- What is the CAGR of this market?
- How is the current and future market opportunity likely to be distributed across key market segments?
REASONS TO BUY THIS REPORT
- The report provides a comprehensive market analysis, offering detailed revenue projections of the overall market and its specific sub-segments. This information is valuable to both established market leaders and emerging entrants.
- Stakeholders can leverage the report to gain a deeper understanding of the competitive dynamics within the market. By analyzing the competitive landscape, businesses can make informed decisions to optimize their market positioning and develop effective go-to-market strategies.
- The report offers stakeholders a comprehensive overview of the market, including key drivers, barriers, opportunities, and challenges. This information empowers stakeholders to stay abreast of market trends and make data-driven decisions to capitalize on growth prospects.
ADDITIONAL BENEFITS
- Complimentary PPT Insights Packs
- Complimentary Excel Data Packs for all Analytical Modules in the Report
- 15% Free Content Customization
- Detailed Report Walkthrough Session with Research Team
- Free Updated report if the report is 6-12 months old or older