by The wound care market size is poised to grow by USD 35.33 billion by 2032 from USD 23.57 billion in 2023, exhibiting a CAGR of 4.40% during the forecast period 2023-2032.
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.
Precedence Research has conducted a comprehensive market study that provides valuable insights into the performance of the market during the forecast period. The study identifies significant trends that are shaping the growth of the Wound care market. In this recently published report, essential dynamics such as drivers, restraints, and opportunities are highlighted for both established market players and emerging participants involved in production and supply.
To begin with, the Wound care Market report features an executive summary that offers a concise overview of the marketplace. It outlines the key players and industry categories expected to have an impact on the market in the coming years. The executive summary provides an unbiased summary of the market.
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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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The empirical study on the global Wound care market primarily focuses on the drivers in subsequent sections. It demonstrates how changing demographics are projected to influence the supply and demand dynamics in the Wound care Market. Our market report for the Wound care market also delves into the significant rules and regulations that are likely to impact the future growth of this sector. Moreover, in order to comprehend the underlying demand factors, industry experts have provided insights into its fundamental origins.
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
Data Sources and Methodology
To gather comprehensive insights on the Global Wound care Market, we relied on a range of data sources and followed a well-defined methodology. Our approach involved interactions with industry experts and key stakeholders across the market’s value chain, including management organizations, processing organizations, and analytics service providers.
We followed a rigorous data analysis process to ensure the quality and credibility of our research. The gathered information was carefully evaluated, and relevant quantitative data was subjected to statistical analysis. By employing robust analytical techniques, we were able to derive meaningful insights and present a comprehensive overview of the Global Wound care Market.
The most resonating, simple, genuine, and important causes because of which you must decide to buy the Wound care market report exclusively from precedence research
- The research report has been meticulously crafted to provide comprehensive knowledge on essential marketing strategies and a holistic understanding of crucial marketing plans spanning the forecasted period from 2023 to 2032.
Key Features of the Report:
- Comprehensive Coverage: The report extensively encompasses a detailed explanation of highly effective analytical marketing methods applicable to companies across all industry sectors.
- Decision-Making Enhancement: It outlines a concise overview of the decision-making process while highlighting key techniques to enhance it, ensuring favorable business outcomes in the future.
- Articulated R&D Approach: The report presents a well-defined approach to conducting research and development (R&D) activities, enabling accurate data acquisition on current and future marketing conditions.
Market Segmentation:
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
Reasons to Consider Purchasing the Report:
- Enhance your market research capabilities by accessing this comprehensive and precise report on the global Wound care market.
- Gain a thorough understanding of the overall market landscape and be prepared to overcome challenges while ensuring robust growth.
- Benefit from in-depth research and analysis of the latest trends shaping the global Wound care market.
- Obtain detailed insights into evolving market trends, current and future technologies, and strategic approaches employed by key players in the global Wound care market.
- Receive valuable recommendations and guidance for both new entrants and established players seeking further market expansion.
- Discover not only the cutting-edge technological advancements in the global Wound care market but also the strategic plans of industry leaders.
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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