Global Advanced Wound Care Market to Witness 6.6% CAGR During 2025 - 2030, Attaining the Market Size of USD 18.8 billion by 2030

Published Date: Feb, 2024

The global advanced wound care market is predicted to grow at 6.6% CAGR during the forecast period with the market size reaching USD 18.8 billion by 2030. The market is driven by the factors such as the mounting occurrence of the surgical wound and wound ulcer, expanding the geriatric population, mounting healthcare expenditure, escalating adoption of evidence-based treatment for chronic wounds, awareness programs for advanced wound care treatment and management, the introduction of new treatments for advanced wounds.

The mounting occurrence of lifestyle associated diseases such as diabetes, favorable reimbursement scenario, technological advancement in wound care products, and increasing research and development activities are further fuelling the growth of the market. For instance, according to the World Health Organization (WHO), globally the number of people with diabetes has risen from 108 million in 1980 to 422 million in 2014.

Browse Market Insight and In-depth TOC on "Global Advanced Wound Care Market - Analysis and Forecast (2025 - 2030)"

Global Advanced Wound Care Market Segmentation Analysis

Segment

Categorization

Leading Category

Product

Advanced, Wound Therapy Device, and Active Wound Care Products

Advanced

(Largest & Fastest)

Application

Surgical Wounds, Diabetic Foot Ulcers, Pressure Ulcers, Venous Ulcer, and Burns

Surgical Wounds (Largest)

End User

Inpatient, and Outpatient

Inpatient (Fastest)

Region

North America, Europe, Asia-Pacific, and Rest of the World

North America (Largest)

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The market for advanced wound care is primarily driven by the increasing occurrence of the surgical wound and wound ulcers. With the expanding geriatric population, and mounting occurrence of lifestyle associated diseases such as diabetes has resulted in the demand of advanced wound care products for the management and treatment, which further decreases the length of stay in the hospital and reduces the cost involved. This offers market players immense opportunities for advanced wound care products, which will drive their revenue growth.

Among all products, advanced hold the largest share and is witnessing the highest growth in the advanced wound care market, globally. The advanced segment is further subdivided into foams, films, hydrogels, hydrocolloids, superabsorbent, wound contact layers, alginates, collagen, and Hydrofiber. Among the entire advanced segment, foams segment accounted for the largest share and is expected to grow at the fastest rate in the market. In addition, the artificial skin and skin substitutes segment accounted for the larger share and is expected to grow at the fastest rate in the active wound care products market.

The different applications of, the advanced wound care market are surgical wounds, diabetic foot ulcers, pressure ulcers, a venous ulcer, and burns. Of all these applications, the surgical wound category is predicted to witness the highest CAGR during the forecast period owing to. In addition, of all these delivery modes, the surgical wound category accounted the largest share in the advanced wound care market owing to the mounting occurrence of post-operative surgical wounds, and expanding occurrence of diabetic foot ulcers and pressure ulcers.

Based on end user the advanced wound care market is segmented into inpatient and outpatient. Of all the end users, inpatient is expected to grow at the fastest rate during the forecast period, globally.

North America accounted for the major share in the advanced wound care industry in 2017, globally due to the growing geriatric population, and technological advancement of the products. In addition, mounting healthcare expenditure, increasing occurrence of surgical wounds and favorable reimbursement scenario are some of the factors facilitating the growth of the North American advanced wound care market. For instance, according to to the study conducted by National Center for Biotechnology Information on Challenges in the Treatment of Chronic Wounds in 2017, in the U.S approximately 2.4 million to 4.5 million people were affected with chronic lower extremity ulcers wound in 2013.

In addition, Europe accounted for the second largest share in the market due to the growing geriatric population, favorable reimbursement scenario, and mounting occurrence of lifestyle associated diseases such as diabetes.

Moreover, Asia-Pacific is observed to witness the fastest growth in the advanced wound care market, owing to escalating government support. Mounting healthcare expenditure, boosting demand for advanced wound care products, expanding the geriatric population, and an upsurge in medical tourism are some of the factors fuelling the growth of the Asia-Pacific advanced wound care market.

Key players in the advanced wound care industry are investing in the development of advanced, which is strengthening their position in the market. Smith & Nephew, 3M Company, Medtronic Plc., Mölnlycke Healthcare (A Part of Investor AB), Coloplast Corporation, Paul Hartmann, Cardinal Health, B. Braun, Mimedx Group, Convatec Group, Integra Lifesciences Holdings Corp., and Acelity L.P. Inc. are some of the key players offering advanced wound care.

Scope of the Report

Report Metric

Details

Market Size Available for the Years in the Study

2018 – 2030

Historical Period

2018 – 2023

Base Year

2024

Forecast Period

2025 – 2030

Segments Covered in the Study

Product, Application, and, End User

Geographies Covered in the Study

North America (U.S., Canada, and Mexico), Europe (Germany, U.K., France, Italy, Spain), Asia-Pacific (China, Japan, India, South Korea, Australia), and Rest of the World (Brazil, Saudi Arabia, U.A.E., South Africa)

Companies Covered in the Study

Smith & Nephew, 3M Company, Medtronic Plc., Mölnlycke Healthcare, Coloplast Corporation, Paul Hartmann, Cardinal Health, B. Braun, Mimedx Group, Convatec Group, Integra Lifesciences Holdings Corp., Acelity L.P. Inc.

Global Advanced Wound Care Market Coverage

Product Insight and Forecast 2025-2030

  • Advanced
  • Wound Therapy Device
  • Active Wound Care Products

Application Insight and Forecast 2025-2030

  • Surgical Wounds
  • Diabetic Foot Ulcers
  • Pressure Ulcers
  • Venous Ulcer
  • Burns

End User Insight and Forecast 2025-2030

  • Inpatient
  • Outpatient

Geographical Segmentation

Advanced Wound Care Market by Region

North America

  • U.S.
  • Canada
  • Mexico

Europe

  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific

  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific

Rest of the World

  • Brazil
  • South Africa
  • Saudi Arabia
  • U.A.E
  • Other Countries