Product Code: CMI1159
Global advanced wound care management market is estimated to be valued at USD 11.72 Bn in 2024 and is expected to reach USD 16.58 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.1% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 11.72 Bn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 to 2031 |
Forecast Period 2024 to 2031 CAGR: |
5.10% |
2031 Value Projection: |
US$ 16.58 Bn |
Figure 1.Advanced Wound Care Management Market Share (%), By Region, 2024
Advanced wound care management aims to accelerate the natural process of wound healing through evidence-based treatments and products. With rising incidence of chronic wounds such as diabetic foot ulcers and pressure ulcers, there is a growing demand for advanced wound dressings and therapies that promote wound closure by maintaining a moist environment ideal for healing. Technological advancements in biomaterials, active pharmaceutical ingredients, and manufacturing processes have led to the development of interactive dressings, skin substitutes, and growth factor-enriched formulations that stimulate cellular events in wound repair. Advanced treatments are also shifting towards a more patient-centric approach through personalized care strategies.
Market Dynamics:
Global advanced wound care management market growth is driven by rising geriatric population susceptible to chronic wounds, growth in the number of surgical procedures, and increasing incidence of diabetes and obesity. However, high costs associated with advanced wound care products can hamper the market growth. Various innovative product launches catering to different wound types provide an opportunity for market expansion. Players are focused on developing smart, interactive wound dressings integrated with sensors and connectivity capabilities for remote monitoring of chronic wounds. Novel formulations incorporating stem cells, antimicrobials and tissue adhesives are also gaining popularity.
Key Features of the Study:
- This report provides in-depth analysis of the global advanced wound care management market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global advanced wound care management market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study includes entrotech life sciences inc., DermaRite Industries, LLC., Argentum Medical, Alliqua BioMedical, AccelHeal, BD, Molnlycke Health Care AB, Aroa Biosurgery Limited., Milliken & Company, Polymedics Innovations GmbH, Urgo Medical North America, Medline Industries, LP, MCKESSON CORPORATION, Integra LifeSciences, INNOVACYN, INC., Medtronic, Cardinal Health, Ferris Mfg. Corp., Hollister Incorporated, and Smith+Nephew.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- Global advanced wound care management market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global advanced wound care management market.
Detailed Segmentation-
- Product Type:
- Moist Wound Dressings
- Foam Dressings
- Hydrocolloid Dressings
- Film Dressings
- Alginate Dressings
- Hydrogel Dressings
- Collagen Dressings
- Antibacterial Dressings
- Antimicrobial Dressings
- Others
- Wound Therapy Devices
- Pressure Relief Devices
- Negative Pressure Wound Therapy Systems
- Hyperbaric Oxygen Equipment
- Electrical Stimulation Devices
- Active Wound Care
- Artificial Skin and Substitutes
- Topical Agent
- Type:
- Wound Type:
- Surgical Wounds
- Ulcers
- Pressure Ulcers
- Diabetic Foot Ulcers
- Venous Ulcers
- Traumatic Wounds
- Burns
- Others
- End User:
- Hospitals
- Clinics
- Homecare Settings
- Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
- Company Profiles:
- entrotech life sciences inc.
- DermaRite Industries, LLC.
- Argentum Medical
- Alliqua BioMedical
- AccelHeal
- BD
- Molnlycke Health Care AB
- Aroa Biosurgery Limited.
- Milliken & Company
- Polymedics Innovations GmbH
- Urgo Medical North America
- Medline Industries, LP
- MCKESSON CORPORATION
- Integra LifeSciences
- INNOVACYN, INC.
- Medtronic
- Cardinal Health
- Ferris Mfg. Corp.
- Hollister Incorporated
- Smith+Nephew
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By Type
- Market Snapshot, By Wound Type
- Market Snapshot, By End User
- Market Snapshot, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Market Trends
- Recent Developments
- Acquisitions and Partnerships Scenario
- Technology Overview
- Regulatory Scenario
- Pricing Analysis
- PEST Analysis
4. Global Advanced Wound Care Management Market- Impact of Coronavirus (COVID-19) Pandemic
- Overall Impact
- Government Initiatives
- COVID-19 Impact on the Market
5. Global Advanced Wound Care Management Market, By Product Type, 2019 - 2031, (USD BN)
- Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Moist Wound Dressings
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
- Foam Dressings
- Hydrocolloid Dressings
- Film Dressings
- Alginate Dressings
- Hydrogel Dressings
- Collagen Dressings
- Antibacterial Dressings
- Antimicrobial Dressings
- Others
- Wound Therapy Devices
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
- Pressure Relief Devices
- Negative Pressure Wound Therapy Systems
- Hyperbaric Oxygen Equipment
- Electrical Stimulation Devices
- Active Wound Care
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
- Artificial Skin and Substitutes
- Topical Agent
6. Global Advanced Wound Care Management Market, By Type, 2019 - 2031, (USD BN)
- Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Non- absorbent
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
- Absorbent
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
7. Global Advanced Wound Care Management Market, By Wound Type, 2019 - 2031, (USD BN)
- Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Surgical Wounds
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
- Ulcers
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
- Pressure Ulcers
- Diabetic Foot Ulcers
- Venous Ulcers
- Traumatic Wounds
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
- Burns
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
- Others
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
8. Global Advanced Wound Care Management Market, By End User, 2019 - 2031, (USD BN)
- Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Hospitals
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
- Clinics
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
- Homecare Settings
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
9. Global Advanced Wound Care Management Market, By Region, 2019 - 2031, (USD BN)
- Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019-2031
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Wound Type, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD BN)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Wound Type, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD BN)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Wound Type, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD BN)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Wound Type, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD BN)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Wound Type, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD BN)
- GCC
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Wound Type, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2019 - 2031, (USD BN)
- North Africa
- Central Africa
- South Africa
10. Competitive Landscape
- Company Profiles
- entrotech life sciences inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- DermaRite Industries, LLC.
- Argentum Medical
- Alliqua BioMedical
- AccelHeal
- BD
- Molnlycke Health Care AB
- Aroa Biosurgery Limited.
- Milliken & Company
- Polymedics Innovations GmbH
- Urgo Medical North America
- Medline Industries, LP
- MCKESSON CORPORATION
- Integra LifeSciences
- INNOVACYN, INC.
- Medtronic
- Cardinal Health
- Ferris Mfg. Corp.
- Hollister Incorporated
- Smith+Nephew
11. Analyst View
1. Wheel of Fortune
2. Analyst View
3. Coherent Opportunity Map
12. References and Research Methodology
0. References
1. Research Methodology
2. About us and Sales Contact