Global Wound Care Market (by Product Type, Application, Wound Type, Region and Company), Size, Share, Acquisitions, Recent Developments - Forecast to 2030
The global wound care market is predicted to surpass US$ 30.1 Billion by 2030. The market for wound care products is increasing owing to the growing number of surgical cases, rising geriatric population, and surge in the prevalence of chronic diseases across the globe. The increasing incidence of diabetes due to the widespread adoption of a sedentary lifestyle is one of the leading factors contributing significantly to the market growth. According to California Podiatric Medical Association (CPMA), 15% of people diagnosed with diabetes tend to develop a foot ulcer. Wound care products help treat diabetic foot ulcers, which are prevalent in diabetic patients.
Over the years, wound care product categories have continued to expand with the continuous arrival of new and advanced products. The developments in wound dressings have led to a shift from simple dressings to advanced products and devices that incorporate pharmaceutically active ingredients. Furthermore, launch of novel therapies such as electromagnetic therapy, electrical stimulation, nanotechnology, and the use of silver and other combination bandages are enhancing the entire market. However, the high cost of advanced wound care products restricts the market growth.
Recent Developments
• In May 2023, Smith & Nephew’s PICO Single Use Negative Pressure Wound Therapy Systems have received an Innovative Technology contract from Vizient, Inc.
• In January 2023, Convatec group announced the US launch of ConvaFoam, a family of advanced foam dressings designed to address the needs of healthcare providers and their patients.
• In October 2022, Healthium Medtech launched a new wound dressing portfolio, Theruptor Novo, for the management of chronic wounds like diabetic foot ulcers and leg ulcers.
By Product Type: Global Wound Care Market & Forecast - Key Takeaways
• In terms of Product Type, Traditional adhesive dressings lead the global wound care market, followed by the traditional gauze dressings.
• Antimicrobial dressings is the third leading segment of the wound care market.
• Non-adherent dressings and Foam dressings product segments are competing closely to grab maximum share of the pie.
• Hydrocolloids market share is likely to be more or less stable over the forecast period.
• Hydrogel dressings captured least share of the global wound care market.
By Application: Global Wound Care Market & Forecast - Key Takeaways
• Moist dressings and wound closure applications together accounted for over 55% share of the global wound care market in 2022.
• Negative Pressure Wound Therapy is the third leading application of the wound care market, followed by the Pressure Relief segment. The Negative Pressure Wound Therapy segment is expected to record a significant growth due to the introduction of technologically advanced NWT devices by market players.
• The bioengineered skin and skin substitutes captured least share of the global wound care market.
By Wound Type: Global Wound Care Market & Forecast - Key Takeaways
• Surgical & traumatic wounds accounted for largest share of the global wound care market, followed by Diabetic foot ulcers.
• In the United States, approximately 486,000 burn injuries occur each year that require medical treatment.
• The global pressure ulcers market is likely to grow at a growth rate of around 6% over the forecast period 2023 - 2030. Increase in geriatric population is a key factor for the rising prevalence of pressure ulcers.
By Region: Global Wound Care Market & Forecast - Key Takeaways
• United States captured highest share of the global wound care market, followed by the Europe.
• Asia Pacific is the most prominent region in the global wound care market. The economies like Australia, India and China within the region are increasing healthcare expenditure and awareness regarding the wound care management.
• Middle East & Africa has the least share in the global wound care market due to the presence of poor economies especially in the African region.
Global Wound Care Market & Forecast - Company Analysis
• 3M Health Care leads the global wound care market, followed by Smith & Nephew. In October 2019, 3M completed the acquisition of Acelity Inc. and its KCI subsidiaries.
• Johnson & Johnson wound care sales is continuously declining year on year due to competitive pressures.
• Convatec Group continues to see strong demand for AQUACEL product lines, with foam, silver and surgical cover dressing the main drivers of growth.
Market IntelliX report titled “Global Wound Care Market (by Product Type, Application, Wound Type, Region and Company), Size, Share, Acquisitions, Recent Developments - Forecast to 2030” provides a comprehensive assessment of the fast-evolving, high-growth Wound Care Industry.
This 216 Page report with 78 Figures and 12 Tables has been analyzed from 10 viewpoints:
1. Global Wound Care Market & Forecast (2015 - 2030)
2. Global Wound Care Market Share & Forecast (2015 - 2030)
3. By Product - Global Wound Care Market & Forecast (2015 - 2030)
4. By Applications - Global Wound Care Market & Forecast (2015 - 2030)
5. By Wound Type - Global Wound Care Market & Forecast (2015 - 2030)
6. By Region - Global Wound Care Market & Forecast (2015 - 2030)
7. Wound Care Market - Company Analysis, Wound Care Revenue, Recent Developments
8. Global Wound Care Market - Major Deals
9. Global Wound Care Market - Recent Developments
10. Global Wound Care Market - Driving Factors & Challenges
By Product Type - Global Wound Care Market & Forecast
1. Traditional Adhesive Dressings
2. Traditional Gauze Dressings
3. Non-Adherent Dressings
4. Film Dressings
5. Foam Dressings
6. Hydrogel Dressings
7. Hydrocolloid
8. Alginate Dressings
9. Antimicrobial Dressings
10. Wound Care Growth Factors
11. Others
By Application - Global Wound Care Market & Forecast
1. Wound Closure
2. Moist Dressings
3. Negative Pressure Wound Therapy
4. Bioengineered Skin and Skin Substitutes
5. Pressure Relief
6. Miscellaneous Wound Management
By Wound Type - Global Wound Care Market & Forecast
1. Surgical & Traumatic wounds
2. Burns
3. Diabetic foot ulcers
4. Pressure ulcers
5. Venous leg ulcers
6. Others
By Region - Wound Care Market & Forecast
1. United States
2. Europe
3. Asia Pacific
4. Middle East and Africa
5. Rest of the World
Global Wound Care Market - Company Analysis
1. Acelity L.P. Inc. (Acquired by 3M)
2. Smith & Nephew
3. Convatec Group
4. Mölnlycke Health Care AB
5. Coloplast Corp.
6. Derma Sciences, Inc. (Acquired by Integra LifeSciences)
7. Scapa Healthcare (Acquired by Schweitzer-Mauduit International, Inc.)
8. 3M Healthcare
9. Hartmann
10. Johnson & Johnson
Data Sources
Market IntelliX employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. This report is built by using data and information sourced from Proprietary Information Database, Primary and Secondary Research Methodologies, and In house analysis by Market IntelliX dedicated team of qualified professionals with deep industry experience and expertise.
Research Methodologies
Primary Research Methodologies: Questionnaires, Surveys, Interviews with Individuals, Small Groups, Telephonic Interview, etc.
Secondary Research Methodologies: Printable and Non-printable sources, Newspaper, Magazine and Journal Content, Government and NGO Statistics, white Papers, Information on the Web, Information from Agencies Such as Industry Bodies, Companies Annual Report, Government Agencies, Libraries and Local Councils and a large number of Paid Databases.
1. Executive Summary
2. Global Wound Care Market & Forecast (2015 - 2030)
3. Global Wound Care Market Share & Forecast (2015 - 2030)
3.1 By Product - Global Wound Care Market Share & Forecast
3.2 By Application - Global Wound Care Market Share & Forecast
3.3 By Wound Type - Global Wound Care Market Share & Forecast
3.4 By Region - Global Wound Care Market Share & Forecast
3.5 By Company - Global Wound Care Market Share & Forecast
4. Global Wound Care Market & Forecast - By Product Type (2015 - 2030)
4.1 Traditional Adhesive Dressings Market & Forecast
4.2 Traditional Gauze Dressings Market & Forecast
4.3 Non-Adherent Dressings Market & Forecast
4.4 Film Dressings Market & Forecast
4.5 Foam Dressings Market & Forecast
4.6 Hydrogel Market & Forecast
4.7 Hydrocolloids Market & Forecast
4.8 Alginate Dressings Market & Forecast
4.9 Antimicrobial Dressings Market & Forecast
4.10 Wound Care Growth Factors Market & Forecast
4.11 Others Market & Forecast
5. Global Wound Care Market & Forecast - By Application (2015 - 2030)
5.1 Wound Closure Market & Forecast
5.2 Moist Dressings Market & Forecast
5.3 Negative Pressure Wound Therapy Market & Forecast
5.4 Bioengineered Skin and Skin Substitutes Market & Forecast
5.5 Pressure Relief Market & Forecast
5.6 Miscellaneous Wound Management Market & Forecast
6. Global Wound Care Market & Forecast - By Wound Type (2015 - 2030)
6.1 Acute Wounds Market & Forecast
6.1.1 Surgical & Traumatic Wounds Market & Forecast
6.1.2 Burns Market & Forecast
6.2 Chronic Wounds Market & Forecast
6.2.1 Diabetic Foot Ulcers Market & Forecast
6.2.2 Pressure Ulcers Market & Forecast
6.2.3 Venous Leg Ulcers Market & Forecast
6.2.4 Others Market & Forecast
7. Global Wound Care Market & Forecast - By Region (2015 - 2030)
7.1 United States Wound Care Market & Forecast
7.2 Europe Wound Care Market & Forecast
7.3 Asia Pacific Wound Care Market & Forecast
7.4 Middle East & Africa Wound Care Market & Forecast
7.5 Rest of The World Wound Care Market & Forecast
8. Global Wound Care Market & Forecast - Company Analysis (2012 - 2030)
8.1 Acelity L.P. Inc. (Acquired by 3M)
8.1.1 Business overview
8.1.2 Wound Care Sales
8.1.3 Recent Developments
8.2 Smith & Nephew
8.2.1 Business overview
8.2.2 Wound Care Sales & Forecast
8.2.3 Recent Developments
8.3 Convatec Group
8.3.1 Business overview
8.3.2 Wound Care Sales & Forecast
8.3.3 Recent Developments
8.4 Molnlycke Health Care AB
8.4.1 Business overview
8.4.2 Wound Care Sales & Forecast
8.4.3 Recent Developments
8.5 Coloplast Corp
8.5.1 Business overview
8.5.2 Wound Care Sales & Forecast
8.5.3 Recent Developments
8.6 Derma Sciences, Inc (Acquired by Integra LifeSciences)
8.6.1 Business overview
8.6.2 Wound Care Sales
8.6.3 Recent Developments
8.7 Scapa Healthcare (Acquired by Schweitzer-Mauduit International,
8.7.1 Business overview
8.7.2 Wound Care Sales
8.7.3 Recent Developments
8.8 3M Health Care
8.8.1 Business overview
8.8.2 Wound Care Sales & Forecast
8.8.3 Recent Developments
8.9 Hartmann
8.9.1 Business overview
8.9.2 Wound Care Sales & Forecast
8.9.3 Recent Developments
8.10 Johnson & Johnson
8.10.1 Business overview
8.10.2 Wound Care Sales & Forecast
8.11 Others
8.11.1 Wound Care Sales & Forecast
9. Global Wound Care Market - Major Acquisitions
10. Global Wound Care Market - Recent Developments
11. Global Wound Care Market - Driving Factors
11.1 High Patient Pool and Increasing Prevalence of Acute and Chronic Wounds to Drive Global Wound Care Market
11.2 Technological Advancement
11.3 Rapid Growth in the Geriatric and Obese Population
11.4 Increasing Demand for Combination Dressings
11.5 Growing Prevalence of Diabetes
12. Global Wound Care Market - Challenges
12.1 High Cost of Wound Care Products Impeding Market Growth
12.2 Delayed Diagnosis of Chronic Wounds in Emerging Markets Restricts Market Growth
List of Tables:
Table 3-1: By Product - Global Wound Care Market Share (Percent), 2015 - 2022
Table 3-2: By Product - Forecast for Global Wound Care Market Share (Percent), 2023 - 2030
Table 3-3: By Application - Global Wound Care Market Share (Percent), 2015 - 2022
Table 3-4: By Application - Forecast for Global Wound Care Market Share (Percent), 2023 - 2030
Table 3-5: By Wound Type - Global Wound Care Market Share (Percent), 2015 - 2022
Table 3-6: By Wound Type - Forecast for Global Wound Care Market Share (Percent), 2023 - 2030
Table 3-7: By Region - Global Wound Care Market Share (Percent), 2015 - 2022
Table 3-8: By Region - Forecast for Global Wound Care Market Share (Percent), 2023 - 2030
Table 3-9: By Company - Global Wound Care Market Share (Percent), 2015 - 2022
Table 3-10: By Company - Forecast for Global Wound Care Market Share (Percent), 2023 - 2030
Table 4-1: Growth Factor Categories
Table 9-1: Global Wound Care Market - Major Acquisitions (2012 - 2023)
List of Figures:
Figure 2-1: Global - Wound Care Market (Million US$), 2015 - 2022
Figure 2-2: Global - Forecast for Wound Care Market (Million US$), 2023 - 2030
Figure 4-1: Global - Traditional Adhesive Dressings Market (Million US$), 2015 - 2022
Figure 4-2: Global - Forecast for Traditional Adhesive Dressings Market (Million US$), 2023 - 2030
Figure 4-3: Global - Traditional Gauze Dressings Market (Million US$), 2015 - 2022
Figure 4-4: Global - Forecast for Traditional Gauze Dressings Market (Million US$), 2023 - 2030
Figure 4-5: Global - Non-Adherent Dressings Market (Million US$), 2015 - 2022
Figure 4-6: Global - Forecast for Non-Adherent Dressings Market (Million US$), 2023 - 2030
Figure 4-7: Global - Film Dressings Market (Million US$), 2015 - 2022
Figure 4-8: Global - Forecast for Film Dressings Market (Million US$), 2023 - 2030
Figure 4-9: Global - Foam Dressings Market (Million US$), 2015 - 2022
Figure 4-10: Global - Forecast for Foam Dressings Market (Million US$), 2023 - 2030
Figure 4-11: Global - Hydrogel Market (Million US$), 2015 - 2022
Figure 4-12: Global - Forecast for Hydrogel Market (Million US$), 2023 - 2030
Figure 4-13: Global - Hydrocolloids Market (Million US$), 2015 - 2022
Figure 4-14: Global - Forecast for Hydrocolloids Market (Million US$), 2023 - 2030
Figure 4-15: Global - Alginate Dressings Market (Million US$), 2015 - 2022
Figure 4-16: Global - Forecast for Alginate Dressings Market (Million US$), 2023 - 2030
Figure 4-17: Global - Antimicrobial Dressings Market (Million US$), 2015 - 2022
Figure 4-18: Global - Forecast for Antimicrobial Dressings Market (Million US$), 2023 - 2030
Figure 4-19: Global - Wound Care Growth Factors Market (Million US$), 2015 - 2022
Figure 4-20: Global - Forecast for Wound Care Growth Factors Market (Million US$), 2023 - 2030
Figure 4-21: Global - Others Market (Million US$), 2015 - 2022
Figure 4-22: Global - Forecast for Others Market (Million US$), 2023 - 2030
Figure 5-1: Global - Wound Closure Market (Million US$), 2015 - 2022
Figure 5-2: Global - Forecast for Wound Closure Market (Million US$), 2023 - 2030
Figure 5-3: Global - Moist Dressings Market (Million US$), 2015 - 2022
Figure 5-4: Global - Forecast for Moist Dressings Market (Million US$), 2023 - 2030
Figure 5-5: Global - Negative Pressure Wound Therapy Market (Million US$), 2015 - 2022
Figure 5-6: Global - Forecast for Negative Pressure Wound Therapy Market (Million US$), 2023 - 2030
Figure 5-7: Global - Bioengineered Skin and Skin Substitutes Market (Million US$), 2015 - 2022
Figure 5-8: Global - Forecast for Bioengineered Skin and Skin Substitutes Market (Million US$), 2023 - 2030
Figure 5-9: Global - Pressure Relief Market (Million US$), 2015 - 2022
Figure 5-10: Global - Forecast for Pressure Relief Market (Million US$), 2023 - 2030
Figure 5-11: Global - Miscellaneous Wound Management Market (Million US$), 2015 - 2022
Figure 5-12: Global - Forecast for Miscellaneous Wound Management Market (Million US$), 2023 - 2030
Figure 6-1: Global - Surgical & Traumatic Wounds Market (Million US$), 2015 - 2022
Figure 6-2: Global - Forecast for Surgical & Traumatic Wounds Market (Million US$), 2023 - 2030
Figure 6-3: Global - Burns Market (Million US$), 2015 - 2022
Figure 6-4: Global - Forecast for Burns Market (Million US$), 2023 - 2030
Figure 6-5: Global - Diabetic Foot Ulcers Market (Million US$), 2015 - 2022
Figure 6-6: Global - Forecast for Diabetic Foot Ulcers Market (Million US$), 2023 - 2030
Figure 6-7: Global - Pressure Ulcers Market (Million US$), 2015 - 2022
Figure 6-8: Global - Forecast for Pressure Ulcers Market (Million US$), 2023 - 2030
Figure 6-9: Global - Venous Leg Ulcers Market (Million US$), 2015 - 2022
Figure 6-10: Global - Forecast for Venous Leg Ulcers Market (Million US$), 2023 - 2030
Figure 6-11: Global - Others Market (Million US$), 2015 - 2022
Figure 6-12: Global - Forecast for Others Market (Million US$), 2023 - 2030
Figure 7-1: United States - Wound Care Market (Million US$), 2015 - 2022
Figure 7-2: United States - Forecast for Wound Care Market (Million US$), 2023 - 2030
Figure 7-3: Europe - Wound Care Market (Million US$), 2015 - 2022
Figure 7-4: Europe - Forecast for Wound Care Market (Million US$), 2023 - 2030
Figure 7-5: Asia Pacific - Wound Care Market (Million US$), 2015 - 2022
Figure 7-6: Asia Pacific - Forecast for Wound Care Market (Million US$), 2023 - 2030
Figure 7-7: Middle East & Africa - Wound Care Market (Million US$), 2015 - 2022
Figure 7-8: Middle East & Africa - Forecast for Wound Care Market (Million US$), 2023 - 2030
Figure 7-9: Rest of The World - Wound Care Market (Million US$), 2015 - 2022
Figure 7-10: Rest of The World - Forecast for Wound Care Market (Million US$), 2023 - 2030
Figure 8-1: Acelity L.P. Inc. - Wound Care Sales (Million US$), 2012 - 2019
Figure 8-2: Smith & Nephew - Wound Care Sales (Million US$), 2012 - 2022
Figure 8-3: Smith & Nephew - Forecast for Wound Care Sales (Million US$), 2023 - 2030
Figure 8-4: Convatec Group - Wound Care Sales (Million US$), 2012 - 2022
Figure 8-5: Convatec Group - Forecast for Wound Care Sales (Million US$), 2023 - 2030
Figure 8-6: Molnlycke Health Care AB - Wound Care Sales (Million US$), 2012 - 2022
Figure 8-7: Molnlycke Health Care AB - Forecast for Wound Care Sales (Million US$), 2023 - 2030
Figure 8-8: Coloplast Corp - Wound Care Sales (Million US$), 2012 - 2022
Figure 8-9: Coloplast Corp - Forecast for Wound Care Sales (Million US$), 2023 - 2030
Figure 8-10: Derma Sciences, Inc - Wound Care Sales (Million US$), 2012 - 2017
Figure 8-11: Scapa Healthcare - Wound Care Sales (Million US$), 2012 - 2020
Figure 8-12: 3M Healthcare - Wound Care Sales (Million US$), 2012 - 2022
Figure 8-13: 3M Healthcare - Forecast for Wound Care Sales (Million US$), 2023 - 2030
Figure 8-14: Hartmann - Wound Care Sales (Million US$), 2012 - 2022
Figure 8-15: Hartmann - Forecast for Wound Care Sales (Million US$), 2023 - 2030
Figure 8-16: Johnson & Johnson - Wound Care Sales (Million US$), 2012 - 2022
Figure 8-17: Johnson & Johnson - Forecast for Wound Care Sales (Million US$), 2023 - 2030
Figure 8-18: Others - Wound Care Sales (Million US$), 2015 - 2022
Figure 8-19: Others - Forecast for Wound Care Sales (Million US$), 2023 - 2030
Figure 11-1: Global - Number of People with Diabetes & Forecast (20 - 79 Years), (Million), 2013, 2014, 2017, 2019, 2021, 2030 & 2045
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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