The wound care market size was valued at USD 23.57 billion in 2023 and is expected to reach USD 35.33 billion by 2032, growing at a CAGR of 4.40% from 2023 to 2032.
Key Takeaways
- North America contributed more than 46% of revenue share in 2022.
- Asia Pacific is estimated to expand the fastest CAGR between 2023 and 2032.
- By application, the chronic segment has held the largest market share of 75% in 2022.
- By application, the acute segment is anticipated to grow at a remarkable CAGR of 5.1% between 2023 and 2032.
- By end-use, the hospital segment generated over 39% of revenue share in 2022.
- By end-use, the home care segment is expected to expand at the fastest CAGR over the projected period.
- By product, the advanced wound dressing segment generated over 34% of revenue share in 2022.
- By product, the surgical wound care segment is expected to expand at the fastest CAGR over the projected period.
- By mode of purchase, the prescribed segment generated over 65% of revenue share in 2022.
- By mode of purchase, the non-prescribed (OTC) segment is expected to expand at the fastest CAGR over the projected period.
The wound care market report offers an exclusive study of the present state expected at the market dynamics, opportunities, market scheme, growth analysis and regional outlook. The report presents energetic visions to conclude and study the market size, market aspiration, and competitive environment. The research also focuses on the important achievements of the market, research & development, and regional (country by country) growth of the leading vendors operating in the market
The study offers intricate dynamics about different aspects of the global wound care market, which aids companies operating in the market in making strategies development decisions. The study also elaborates on remarkable changes that are highly anticipated to configure growth of the global wound care market during the forecast period. It also includes a key indicator analysis that highlights growth prospects of this market and approximate statistics related to growth of the market in terms of value (US$ Mn) and volume (tons).
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Wound Care Market Scope
Report Coverage | Details |
Market Size in 2023 | USD 23.57 Billion |
Market Size by 2032 | USD 35.33 Billion |
Growth Rate from 2023 to 2032 | CAGR of 4.40% |
Largest Market | North America |
Base Year | 2022 |
Forecast Period | 2023 to 2032 |
Segments Covered | By Application, By End-use, By Product, and By Mode of Purchase |
Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
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This study covers an elaborate segmentation of the global wound care market, along with important information and a competition outlook. The report mentions company profiles of players that are currently influence the global wound care market, wherein various developments, expansions, and winning strategies practiced and execute by leading players have been presented in detail.
Wound Care Market Players
- 3M Company
- Smith & Nephew plc
- Johnson & Johnson
- Mölnlycke Health Care
- Coloplast A/S
- ConvaTec Group plc
- B. Braun Melsungen AG
- Medtronic plc
- Acelity L.P. Inc.
- Integra LifeSciences Corporation
- Ethicon, Inc. (a subsidiary of Johnson & Johnson)
- Derma Sciences, Inc. (acquired by Integra LifeSciences)
- Misonix, Inc.
- Organogenesis Holdings Inc.
- Hollister Incorporated
Segments Covered in the Report
By Application
- Chronic
- Acute
By End-use
- Hospitals
- Specialty Clinics
- Home Healthcare
- Physician’s Office
- Nursing Homes
- Others
By Product
- Advanced Wound Dressing
- Surgical Wound Care
- Traditional Wound Care
- Wound Therapy Devices
By Mode of Purchase
- Prescribed
- Non-prescribed (OTC)
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Research Methodology
The research methodology acquire by analysts for assemble the global wound care market report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.
During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.
For secondary research, analysts study numerous annual report declaration, white papers, market association declaration, and company websites to obtain the necessary understanding of the global wound care market.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Wound Care Market
5.1. COVID-19 Landscape: Wound Care Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Wound Care Market, By Application
8.1. Wound Care Market, by Application, 2023-2032
8.1.1. Chronic
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Acute
8.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Wound Care Market, By End-use
9.1. Wound Care Market, by End-use, 2023-2032
9.1.1. Hospitals
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Specialty Clinics
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Home Healthcare
9.1.3.1. Market Revenue and Forecast (2020-2032)
9.1.4. Physician’s Office
9.1.4.1. Market Revenue and Forecast (2020-2032)
9.1.5. Nursing Homes
9.1.5.1. Market Revenue and Forecast (2020-2032)
9.1.6. Others
9.1.6.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Wound Care Market, By Product
10.1. Wound Care Market, by Product, 2023-2032
10.1.1. Advanced Wound Dressing
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Surgical Wound Care
10.1.2.1. Market Revenue and Forecast (2020-2032)
10.1.3. Traditional Wound Care
10.1.3.1. Market Revenue and Forecast (2020-2032)
10.1.4. Wound Therapy Devices
10.1.4.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Wound Care Market, By Mode of Purchase
11.1. Wound Care Market, by Mode of Purchase, 2023-2032
11.1.1. Prescribed
11.1.1.1. Market Revenue and Forecast (2020-2032)
11.1.2. Non-prescribed (OTC)
11.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 12. Global Wound Care Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Application (2020-2032)
12.1.2. Market Revenue and Forecast, by End-use (2020-2032)
12.1.3. Market Revenue and Forecast, by Product (2020-2032)
12.1.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Application (2020-2032)
12.1.5.2. Market Revenue and Forecast, by End-use (2020-2032)
12.1.5.3. Market Revenue and Forecast, by Product (2020-2032)
12.1.5.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Application (2020-2032)
12.1.6.2. Market Revenue and Forecast, by End-use (2020-2032)
12.1.6.3. Market Revenue and Forecast, by Product (2020-2032)
12.1.6.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Application (2020-2032)
12.2.2. Market Revenue and Forecast, by End-use (2020-2032)
12.2.3. Market Revenue and Forecast, by Product (2020-2032)
12.2.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Application (2020-2032)
12.2.5.2. Market Revenue and Forecast, by End-use (2020-2032)
12.2.5.3. Market Revenue and Forecast, by Product (2020-2032)
12.2.5.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Application (2020-2032)
12.2.6.2. Market Revenue and Forecast, by End-use (2020-2032)
12.2.6.3. Market Revenue and Forecast, by Product (2020-2032)
12.2.6.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Application (2020-2032)
12.2.7.2. Market Revenue and Forecast, by End-use (2020-2032)
12.2.7.3. Market Revenue and Forecast, by Product (2020-2032)
12.2.7.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Application (2020-2032)
12.2.8.2. Market Revenue and Forecast, by End-use (2020-2032)
12.2.8.3. Market Revenue and Forecast, by Product (2020-2032)
12.2.8.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Application (2020-2032)
12.3.2. Market Revenue and Forecast, by End-use (2020-2032)
12.3.3. Market Revenue and Forecast, by Product (2020-2032)
12.3.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Application (2020-2032)
12.3.5.2. Market Revenue and Forecast, by End-use (2020-2032)
12.3.5.3. Market Revenue and Forecast, by Product (2020-2032)
12.3.5.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Application (2020-2032)
12.3.6.2. Market Revenue and Forecast, by End-use (2020-2032)
12.3.6.3. Market Revenue and Forecast, by Product (2020-2032)
12.3.6.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Application (2020-2032)
12.3.7.2. Market Revenue and Forecast, by End-use (2020-2032)
12.3.7.3. Market Revenue and Forecast, by Product (2020-2032)
12.3.7.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Application (2020-2032)
12.3.8.2. Market Revenue and Forecast, by End-use (2020-2032)
12.3.8.3. Market Revenue and Forecast, by Product (2020-2032)
12.3.8.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Application (2020-2032)
12.4.2. Market Revenue and Forecast, by End-use (2020-2032)
12.4.3. Market Revenue and Forecast, by Product (2020-2032)
12.4.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Application (2020-2032)
12.4.5.2. Market Revenue and Forecast, by End-use (2020-2032)
12.4.5.3. Market Revenue and Forecast, by Product (2020-2032)
12.4.5.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Application (2020-2032)
12.4.6.2. Market Revenue and Forecast, by End-use (2020-2032)
12.4.6.3. Market Revenue and Forecast, by Product (2020-2032)
12.4.6.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Application (2020-2032)
12.4.7.2. Market Revenue and Forecast, by End-use (2020-2032)
12.4.7.3. Market Revenue and Forecast, by Product (2020-2032)
12.4.7.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Application (2020-2032)
12.4.8.2. Market Revenue and Forecast, by End-use (2020-2032)
12.4.8.3. Market Revenue and Forecast, by Product (2020-2032)
12.4.8.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Application (2020-2032)
12.5.2. Market Revenue and Forecast, by End-use (2020-2032)
12.5.3. Market Revenue and Forecast, by Product (2020-2032)
12.5.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Application (2020-2032)
12.5.5.2. Market Revenue and Forecast, by End-use (2020-2032)
12.5.5.3. Market Revenue and Forecast, by Product (2020-2032)
12.5.5.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Application (2020-2032)
12.5.6.2. Market Revenue and Forecast, by End-use (2020-2032)
12.5.6.3. Market Revenue and Forecast, by Product (2020-2032)
12.5.6.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
Chapter 13. Company Profiles
13.1. 3M Company
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Smith & Nephew plc
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Johnson & Johnson
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Mölnlycke Health Care
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Coloplast A/S
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. ConvaTec Group plc
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. B. Braun Melsungen AG
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Medtronic plc
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Acelity L.P. Inc.
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Integra LifeSciences Corporation
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
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