June 6, 2024

Wound Care Market Size To Rise USD 35.33 Billion By 2032

The global Wound care market size was estimated to be around US$ 23.57 billion in 2023 and is projected to reach US$ 35.33 billion by 2032, indicating a CAGR of 4.40% from 2023 to 2032.

Wound Care Market Size 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 market research report on the Wound care market provides a comprehensive analysis of various key aspects. It includes the definition, classification, and application of Wound care products. The report examines the development trends, competitive landscape, and industrial chain structure within the industry. Furthermore, it presents an overview of the industry, analyzes national policies and planning, and offers insights into the latest market dynamics and opportunities at a global level.

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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

Read More: Blood Culture Test Market Size To Grow USD 16.31 Bn By 2032

The report presents the volume and value-based market size for the base year 2022 and forecasts the market’s growth between 2023 and 2032. It estimates market numbers based on product form and application, providing size and forecast for each application segment in both global and regional markets.

Focusing on the global Wound care market, the report highlights its status, future forecasts, growth opportunities, key market players, and key market regions such as the United States, Europe, and China. The study aims to present the development of the Wound care market by considering factors like Year-on-Year (Y-o-Y) growth, in addition to Compound Annual Growth Rate (CAGR). This approach enables a better understanding of market certainty and the identification of lucrative opportunities.

Regarding production, the report investigates the capacity, production, value, ex-factory price, growth rate, and market share of major manufacturers, regions, and product types. On the consumption side, the report focuses on the regional consumption of Wound care products across different countries and applications.

Buyers of the report gain access to verified market figures, including global market size in terms of revenue and volume. The report provides reliable estimations and calculations for global revenue and volume by product type from 2023 to 2032. It also includes accurate figures for production capacity and production by region during the same period.

The research includes product parameters, production processes, cost structures, and data classified by region, technology, and application. Furthermore, it conducts SWOT analysis and investment feasibility studies for new projects.

This in-depth research report offers valuable insights into the Wound care market. It employs an objective and fair approach to analyze industry trends, supporting customer competition analysis, development planning, and investment decision-making. The project received support and assistance from technicians and marketing personnel across various links in the industry chain.

The competitive landscape section of the report provides detailed information on Wound care market competitors. It includes company overviews, financials, revenue generation, market potential, research and development investments, new market initiatives, global presence, production sites, production capacities, strengths and weaknesses, product launches, product range, and application dominance. However, the data points provided only focus on the companies’ activities related to the Wound care market.

Prominent players in the market are expected to face tough competition from new entrants. Key players are targeting acquisitions of startup companies to maintain their dominance. The report

Reasons to Purchase this Report:

  • Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
  • In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
  • Market size in USD million and volume in million units provided for each segment and sub-segment.
  • Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
  • Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.

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

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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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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