Advanced Wound Care Market Share

  • Report ID: 2509
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Advanced Wound Care Market Share

North America Market Forecast

The North America advanced wound care market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037. A strong healthcare infrastructure and an increase in surgical operations are anticipated to rise the market’s growth in the region. Thus, the adoption of advanced wound care treatments to stop surgical site infections is growing. The market is also expected to be driven by an increase in the frequency of incidents such as traffic accidents, burns, and trauma events worldwide. Additionally, rising disposable income to spend on facial corrections and growing awareness among people regarding advanced wound care management devices are estimated to propel the market’s growth during the forecast period. In 2019, about a 2% increase is observed in per capita disposable income in the North America region, as per the estimations. Furthermore, the expansion of the global advanced wound care market in this region is being aided by the rising number of acquisitions made by renowned businesses based in North America. The growth is also supported by demographic shifts, rising patient awareness, and a highly developed market for wound care products.

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Author Credits:  Radhika Pawar


  • Report ID: 2509
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of advanced wound care is evaluated at USD 13.41 billion.

The advanced wound care market size was valued at USD 12.68 billion in 2024 and is projected to exceed USD 31.19 billion by the end of 2037, expanding at over 7.1% CAGR during the forecast period i.e., between 2025-2037. Increasing zinc and vitamin D deficiency in diet will boost the market growth.

North America industry is anticipated to hold largest revenue share by 2037, driven by strong healthcare infrastructure and an increase in surgical operations in the region.

The major players in the market include Smith & Nephew, Molnlycke Health Care AB, Convatec Group PLC, Baxter International, Inc., SteadMed Medical, LLC, Coloplast Corp., Medtronic plc, 3M, Integra LifeSciences Corporation, Medline Industries, LP.
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