Chronic Wound Care Market Size & Share, by Type (Pressure, Diabetic, Venous Leg, Other Ulcers), Product (Advanced Wound Dressings, Wound Care Devices, Active Therapy), End-user (Hospitals, Homecare Settings, Ambulatory Centers, Wound Care Centers) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2025-2037

  • Report ID: 4450
  • Published Date: Oct 11, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2025-2037

Chronic Wound Care Market size was over USD 12.17 billion in 2024 and is likely to reach USD 43.47 billion by the end of 2037, growing at around 10.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of chronic wound care is assessed at USD 13.17 billion.

The growth of the market can primarily be ascribed to the worldwide upsurge in chronic wound cases, owing to accidents, injuries, and fatalities. Furthermore, there has been an increase in the number of accident cases across the globe, that is raising the demand for chronic wound care. Hence, these rising wound cases are expected to increase the utilization rate of chronic wound care which in turn, is projected to expand the global chronic wound care market. As per the reported data, more than 2% to 4% population of developed nations around the globe suffer from chronic wounds.

Moreover, high prevalence of chronic diseases such as autoimmune diseases, diabetes, and others is projected to boost the growth of the global chronic wound care market. According to the data reported, six in ten Americans in the United States live with at least one chronic disease. Moreover, these wounds require significant medical treatment as well as effective wound care supplies. In addition, there has been an increase in expenses for wound and patient care. It was observed in a clinical study that, P. aeruginosa and S. aureus are two of the bacteria which are most frequently found in infections of chronic wounds. Furthermore, when P. aeruginosa and S. aureus are cultivated together in a wound model, they have relatively high antibiotic resistance.


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Chronic Wound Care Sector: Growth Drivers and Challenges

Growth Drivers

  • Global Upsurge in Diabetes Among People - Diabetes mellitus, also known as diabetes, is a metabolic condition that initiates high blood sugar levels. If untreated, diabetes-related high blood sugar damages nerves, eyes, kidneys, and other organs. Diabetes is becoming more prevalent worldwide, resulting in open wounds that do not heal completely. Hence, it is expected to drive the growth of the global chronic wound care market in the upcoming years. According to the World Health Organization (WHO), there are 422 million diabetics worldwide, and diabetes is the leading cause of 1.5 million annual deaths.
  • Increase in Burn Injuries – There are wounds that generally take more than 6 weeks and are slow to recover that are termed is chronic burn injuries. Furthermore, intensive care is provided through the use of chronic wound care products, and it is expected to rise the growth of the global chronic wound care market. According to the World Health Organization, nearly 11 million burn injuries occur every year around the globe. Moreover, approximately 180 000 people die as a result of burns annually, worldwide.
  • Escalating Ratio of Pressure Ulcers – There has been an increasing incidence of ulcers that is raising the need for therapies in order to treat these wounds. Hence, it is projected to surge the market’s growth over the forecast period. For instance, the worldwide incidence of pressure ulcers has reached nearly 13%, with 9% occurrence of hospital-acquired pressure injury (HAPI).
  • Spike in Venous Leg Ulcers It is estimated that venous leg ulcers affect nearly 1 to 5% of the elderly population in the United States and Europe.
  • Surging number of sport injuries- Chronic injuries generally develop with time and usually happen from overuse of one specific area of the body. Therefore, it is anticipated to rise the growth of the global chronic wound care market. In the United States, more than 3 million sports injuries occur each year.
  • Advancement in Dressing Material to Treat Chronic Wounds – It was observed in research that, in managing outpatients with diabetic foot ulcers, silver-releasing foam dressings were found to be more successful than silver-containing cream, especially in the beginning stages of wound therapy. Moreover, it has been discovered that a thiolated biodegradable bandage loaded with ZnO nanoparticles improves tissue regeneration and speeds healing.

Challenges

  • High Cost of Treatment of Chronic Wound – Chronic wounds require utmost attention for treatment with the help of high-quality products. Furthermore, the cost of these products is high such as wound care devices, advanced wound dressings, and others that makes its difficult for every class of people to opt for them for treatment. Therefore, it is expected to pose as a challenge to the market growth.
  • Inadequate Compensation Policies in Emerging Nations
  • Rising Concern Among Patients for Urgent Treatments

Chronic Wound Care Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

10.2%

Base Year Market Size (2024)

USD 12.17 billion

Forecast Year Market Size (2037)

USD 43.47 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of Middle East and Africa)

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Chronic Wound Care Segmentation

End-user (Hospitals, Homecare Settings, Ambulatory Centers, Wound Care Centers)

The global chronic wound care market is segmented and analyzed for demand and supply by end-user into hospitals, homecare settings, ambulatory centers, wound care centers, and others.  Out of which, the hospitals segment is projected to witness noteworthy growth over the forecast period. The growth of the segment can be accounted to the increasing patient flow in hospitals dealing with chronic wounds. Furthermore, there have been rising numbers of hospitals, followed by increasing numbers of surgeries, and patients across the globe that is further expected to drive the growth of the segment in the region. For instance, it is estimated that every year around 4.2 million patients in Europe suffer from chronic wounds, needing 25%-50% of intense hospital beds.

Product (Advanced Wound Dressings, Wound Care Devices, Active Therapy)

On the other hand, the global chronic wound care market is segmented and analyzed for demand and supply by product into advanced wound dressings, wound care devices, active therapy, and others. Out of these, the advanced wound dressings segment is expected to hold the largest market size over the forecast period. This can be attributed to its lower cost, and its capability to manage different types of wounds. Moreover, there has been an increase in the use of advanced wound dressings for sports, and burn related injuries, that is projected to expand the segment’s growth in the market.

Our in-depth analysis of the global market includes the following segments:

                        Type

  • Pressure Ulcers
  • Diabetic Ulcers
  • Venous Leg Ulcers
  • Others

 

 

                         Product

  • Advanced Wound Dressings
  • Wound Care Devices
  • Active Therapy
  • Others

                         End-User

  • Hospitals
  • Homecare Settings
  • Ambulatory Centers
  • Wound Care Centers
  • Others

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Chronic Wound Care Industry - Regional Synopsis

APAC Market Statistics

The Asia Pacific region is anticipated to witness the fastest growth in the upcoming years, backed by the rising number of diabetic patients along with the rapidly increasing elderly population. Moreover, there has been a surge in healthcare expenditure that is further expected to boost the market’s growth in the region.

North American Market Forecast

The North America chronic wound care market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037. The growth of the market can be ascribed to the rising patient pool suffering from chronic wounds, the increasing geriatric population, the high prevalence of diabetic foot ulcers, growing healthcare expenditure, and the existence of adequate reimbursement policies in the region. For instance, in 2019, approximately 8 to 13 million people were affected by chronic wounds in the United States.  Moreover, there has been a surge in the number of sports related injuries in countries such as the U.S., that is expected to drive the market’s growth in the region.

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Companies Dominating the Chronic Wound Care Landscape

    • Smith & Nephew PLC
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • ölnlycke Health Care AB
    • ConvaTec, Inc.
    • Integra LifeSciences Corporation
    • Coloplast A/S
    • Cardinal Health, Inc.
    • Tissue Regenix Ltd
    • B. Braun Melsungen AG
    • MIMEDX, Inc.
    • 3M

In the News

  • Smith & Nephew PLC has announced the efficiency of its GRAFIX Membrane which reduces diabetic foot ulcer recurrence by half as compared to other leading competitors.

  • Integra LifeSciences Corporation announced the positive clinical outcomes with its PriMatrix Dermal Repair Scaffold for the treatment of hard-to-heal diabetic foot ulcers (DFUs). This is the largest DFU RCT ever conducted. A per protocol analysis found that 60% of DFUs healed within 12 weeks when PriMatrix was used in conjunction with standard care (SOC), compared to 35% for DFUs that healed within 12 weeks when SOC was used.

Author Credits:  Radhika Pawar


  • Report ID: 4450
  • Published Date: Oct 11, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of chronic wound care is assessed at USD 13.17 billion.

The chronic wound care market size was over USD 12.17 billion in 2024 and is likely to reach USD 43.47 billion by the end of 2037, growing at around 10.2% CAGR during the forecast period i.e., between 2025-2037. Upsurge in chronic wound cases, high prevalence of chronic diseases, and increase in burn injuries will drive the market growth.

Asia Pacific region is anticipated to witness the fastest growth through 2037, backed by rising number of diabetic patients along with the rapidly increasing elderly population.

The major players in the market include Smith & Nephew PLC, ölnlycke Health Care AB, ConvaTec, Inc., Integra LifeSciences Corporation, Coloplast A/S, Cardinal Health, Inc., Tissue Regenix Ltd, B. Braun Melsungen AG, MIMEDX, Inc., 3M.
Chronic Wound Care Market Report Scope
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