The Global Wound Care Market size is estimated to grow at a CAGR of around 5.3% during the forecast period, i.e., 2024-30. According to MarkNtel Advisors Study.
Global Wound Care Market Driver:
Rising Prevalence of Acute & Chronic Wounds Worldwide to Elevate the Market Growth – A significant rise in the incidence of diabetic foot ulcers, venous leg ulcers, surgical & traumatic wounds, burns, as well as surgical sites has positively driven the Global Wound Care Market. Further, there are a large number of patients with diabetes globally. For instance, as per the International Diabetes Federation (IDF), worldwide, approximately 537 million adults aged between 20-79 years were living with diabetes in 2021. Additionally, the total number of patients with diabetes is projected to rise to 643 million by 2030 and 783 million by 2045.
Also, diabetes foot ulcers are a type of chronic wound that largely affects individuals with diabetes, for instance, around 15% of diabetes patients suffer from diabetes foot ulcers. Hence, considering the large patient population with diabetes, the risk for diabetes foot ulcers has increased and has eventually pushed the demand for wound care products for their effective management.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Wound Care Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2023
-Historical Period: 2019 to 2022
-Forecast Period: 2024 to 2030
- By Product
- Advanced Wound Dressings- Market Size & Forecast 2019-2030, USD Million
- Foam Dressings- Market Size & Forecast 2019-2030, USD Million
- Hydrocolloid Dressings- Market Size & Forecast 2019-2030, USD Million
- Film Dressings- Market Size & Forecast 2019-2030, USD Million
- Alginate Dressings- Market Size & Forecast 2019-2030, USD Million
- Hydrogel Dressings- Market Size & Forecast 2019-2030, USD Million
- Collagen Dressings- Market Size & Forecast 2019-2030, USD Million
- Others (Hydrofibers, Honey Dressings, etc.)- Market Size & Forecast 2019-2030, USD Million
- Surgical Wound Care- Market Size & Forecast 2019-2030, USD Million
- Sutures & Staples- Market Size & Forecast 2019-2030, USD Million
- Tissue Adhesives and Sealants- Market Size & Forecast 2019-2030, USD Million
- Anti-infective Dressing- Market Size & Forecast 2019-2030, USD Million
- Traditional Wound Care Products- Market Size & Forecast 2019-2030, USD Million
- Medical Tapes- Market Size & Forecast 2019-2030, USD Million
- Cotton- Market Size & Forecast 2019-2030, USD Million
- Bandages- Market Size & Forecast 2019-2030, USD Million
- Gauzes- Market Size & Forecast 2019-2030, USD Million
- Sponges- Market Size & Forecast 2019-2030, USD Million
- Cleansing Agents- Market Size & Forecast 2019-2030, USD Million
- Wound Therapy Devices- Market Size & Forecast 2019-2030, USD Million
- Negative Pressure Wound Therapy- Market Size & Forecast 2019-2030, USD Million
- Oxygen & Hyperbaric Oxygen Equipment- Market Size & Forecast 2019-2030, USD Million
- Electric Stimulation Devices- Market Size & Forecast 2019-2030, USD Million
- Pressure Relief Devices- Market Size & Forecast 2019-2030, USD Million
- Advanced Wound Dressings- Market Size & Forecast 2019-2030, USD Million
- By Application
- Chronic Wounds- Market Size & Forecast 2019-2030, USD Million
- Acute Wounds- Market Size & Forecast 2019-2030, USD Million
- By End User
- Hospitals- Market Size & Forecast 2019-2030, USD Million
- Homecare- Market Size & Forecast 2019-2030, USD Million
- Others (Specialty Clinics, Ambulatory Surgical Centers, etc.)- Market Size & Forecast 2019-2030, USD Million
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – 3M Company, Cardinal Health, Medtronic Plc, Smith & Nephew Plc, Molnlycke Health Care AB, Johnson & Johnson Services, Inc., Baxter International, Urgo Group, Integra LifeSciences Corporation, Applied Tissue Technologies LLC, Advancis Medical, Coloplast Corp., Convatec Group PLC, Paul Hartmann AG, Axio Biosolutions Pvt Ltd., Other are looking forward to strengthening their market positions.
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