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.
Author Credits: Radhika Pawar
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?