IMARC Group, a leading market research company, has recently releases report titled, “ Wound Care Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 “, The study provides a detailed analysis of the industry, including the global wound care market share size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advances in the market.

Report Highlights

How big is the wound care market?

Report Attributes Details
Market Size in 2022 US$21.0 Billion
Market forecast in 2028 US$28.3
Growth rate (2023 to 2028) CAGR of 5.01%
Base Year of the Analysis 2022
Forecast Period 2023-2028

What is wound care?

The medical care given to treat wounds or the harmed tissues beneath them is referred to as wound care. It includes ongoing inspection and monitoring of the wound healing process to make sure it heals properly and to spot any potential issues. To speed up the healing process, some therapies are used, such as pain control, topical or oral antibiotics, and nutritional support. They help lessens the risk of infection, accelerate the recovery process, and enhance the overall quality of life for patients with acute or chronic wounds. Owing to these benefits, wound care solutions are widely adopted in clinics, hospitals, home care settings, and long-term facilities.

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What are the growth prospects and trends in the wound care industry?

The market is primarily being pushed by the rise in cases of chronic trauma brought on by accidents on the road, natural disasters, and other chronic wounds such pressure ulcers and diabetic foot ulcers. Additionally, there is a greater need for wound care to promote quicker healing and avoid infections due to the increase in surgical operations as well as the increased concern for post-operative surgical wounds. Moreover, the widespread adoption of advanced wound care products, such as antimicrobial dressings, negative pressure wound therapy, and bioactive dressings, to effectively minimize the risk of infection and promote healing, represents another major growth-inducing factor. Besides this, the introduction of novel moist wound dressing variants by key players based on synthetic polymers and the launch of innovative wound care products with enhanced efficacy, patient comfort, and ease of use, such as smart dressings that can monitor healing and alert healthcare providers to any complications, is also creating a favorable market outlook.

What is included in market segmentation?

The report has segmented the market into the following categories:

 

Product Type Insights

  • Advance Wound Care Products
    • Foam Dressing
    • Hydrocolloid Dressing
    • Film Dressing
    • Alginate Dressing
    • Hydrogel Dressing
    • Collagen Dressing
    • Others
  • Surgical Wound Care Products
    • Sutures
    • Staplers
    • Tissue Adhesive, Sealants & Hemostats
    • Anti-effective Dressing
  • Traditional Wound Care Products
    • Medical Tapes
    • Cleasning Agent
  • Active Wound Care Products
    • Biological Skin Substitutes
    • Topical Agents
  • Wound Therapy Devices Products
    • Negative Pressure Wound Therapy
    • Oxygen and Hyperbaric Oxygen Equipment
    • Electric Stimulation Devices
    • Pressure Relief Devices
    • Wound Assessment & Monitoring Devices
    • Others

Wound Type Insights

  • Chronic Wounds
    • Diabetics Ulcers
    • Pressure Ulcers
    • Venous Leg Ulcers
    • Others
  • Acute Wounds
    • Surgical Traumatic Wounds
    • Burns

End User Insights

  • Hospitals & Clinics
  • Long-Term Care Facilites
  • Home Care Setting
  • Others

Breakup by Region:

  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • Baxter International Inc.
  • Braun Melsungen Aktiengesellschaft
  • Cardinal Health, Inc.
  • Coloplast A/S
  • ConvaTec Group PLC
  • Johnson & Johnson
  • Medtronic Public Limited Company
  • Mölnlycke Health Care AB
  • Paul Hartmann AG
  • Smith & Nephew PLC
  • 3M Company etc.

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