What are the latest figures on the wound care devices market’s size and projected CAGR?
The wound care devices market size has grown strongly in recent years. It will grow from $60.17 billion in 2024 to $65.56 billion in 2025 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to the rise in chronic diseases, prevalence of diabetes, increase in surgical procedures, focus on infection control, government initiatives for wound care, and patient preference for non-invasive solutions.
The wound care devices market size is expected to see strong growth in the next few years. It will grow to $90.27 billion in 2029 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to the global rise in obesity rates, regulatory support and standards, wearable wound monitoring devices, the increasing geriatric population, and collaboration in wound care research. Major trends in the forecast period include smart wound dressings, 3d bioprinting in wound care, telemedicine in wound management, compression therapy innovations, and wearable wound monitoring devices.
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What have been the primary factors driving the wound care devices market’s growth?
Combination dressings are increasingly being used to treat chronic wounds. The most widely used combination dressing is an antimicrobial agent and a biological material that together acts as a combination dressing. Combination dressings blend the chemical and physical properties of two or more types of wound dressing products to provide, waterproofing, anti-bacterial and viral infections, and skin-friendly capabilities. For instance, ConvaTec offers AQUACEL combination dressings that are made up of Hydrofiber Technology that offers stitch bonding functionality and increases the tensile strength of the dressing to be used as a combination dressing with an absorbent for the treatment of chronic wounds. The most widely used combination dressings include silver alginate dressings, silver collagen dressings, collagen hydrochloride dressings, and foam dressings. These dressings are used in the treatment of chronic ulcers, traumatic wounds, and surgical wounds. For instance, according to the National Library of Medicine, a US-based medical library, by 2030, the global prevalence of type 2 diabetes is expected to climb to 7,079 cases per 100,000 people, demonstrating an ongoing rise in all geographical areas.
What are the key segments within the wound care devices market?
The wound care devices market covered in this report is segmented –
1) By Type: Traditional Adhesive Dressings, Negative-pressure Wound Therapy (NPWT), Traditional Gauze Dressings, Advanced Wound Care Devices
2) By End User: Hospitals And Clinics, Diagnostic Laboratories, Other End Users
3) By Type Of Expenditure: Public, Private
4) By Product: Instruments Or Equipment, Disposables
Subsegments:
1) By Traditional Adhesive Dressings: Film Dressings, Foam Dressings, Hydrocolloid Dressings
2) By Negative-pressure Wound Therapy (NPWT): Portable NPWT Systems, Fixed NPWT Systems, Accessories For NPWT
3) By Traditional Gauze Dressings: Sterile Gauze Pads, Non-Sterile Gauze Rolls, Gauze Sponges
4) By Advanced Wound Care Devices: Hydrogels, Alginates, Collagen Dressings, Antimicrobial Dressings
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Which key players are shaping the wound care devices market?
Major companies operating in the wound care devices market include Cardinal Health Inc., Johnson & Johnson, 3M Company, Medtronic Inc., Essity AB, Boston Scientific Corporation, Henry Schein Inc., B. Braun SE, Terumo Corporation, Smith & Nephew plc, Coloplast A/S, Paul Hartmann AG, Mölnlycke Health Care, ConvaTec Group Plc, Integra LifeSciences, Lohmann & Rauscher, CONMED Corporation, Acelity, Frankenman International Limited, Human Biosciences Inc., Urgo Medical, Meril Life Science Pvt. Ltd., Danaher Corporation
How will emerging trends drive the wound care devices market throughout the forecast period?
Wound care device manufacturers should consider focusing on delivering wound care products such as hydrocolloid dressings to improve treatment effectiveness and usage. Hydrocolloid dressing consists of adhesives with gel-forming components composed of either silicone or polyurethane. They are waterproof and self–adhering advanced wound care products that provide a moisture-filled healing environment for the wound. Hydrocolloid bandages are utilized for burns with moderate severity, and granular wounds and protect healed skin by absorbing moisture and swells. For instance, in May 2022, BenQ, a Japan-based consumer electronics company, offered hydrocolloid dressing, which is waterproof, invisible, and against UV rays facilitating high moisture absorption and wound healing.
How do regional factors impact the wound care devices market, and which region is the largest contributor?
The countries covered in the wound care devices market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
What Does The Wound Care Devices Market Report 2025 Offer?
The wound care devices market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Wound care devices refer to medical tools and products used to treat and manage wounds, promote healing, and prevent infection. These devices aim to provide optimal conditions for healing, protect the wound from external contaminants, and support patient recovery.
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