Wound Care Market Share

North American Market Forecast

The wound care market in North America region is forecasted to have the most noticeable market share of 35% by the end of 2037. The robust medical infrastructure and increase in surgical procedures in this region are key contributors to regional growth. Therefore, there is an increasing adoption of wound care treatments to prevent postoperative wound infections. The market is also expected to be driven by the increasing incidence of incidents such as road accidents, burns, and trauma, in this region. In addition, increasing disposable income for facial correction and growing people's awareness of wound care equipment are also surging the demand for market in the Asia Pacific region.

APAC Market Statistics

The wound care market in Asia Pacific is expected to have the second biggest share of around 24% between 2023 and 2037. The continual increase in the region's older population is primarily responsible for the market's growth in this region. The Asia Pacific population is aging faster than anywhere else in the world. Sixty per cent of the world's total elderly population, that is, 630 million people live in the Asia Pacific region. Moreover, the government's role in raising awareness for advanced wound care, increasing the number of wounded patients, and increasing funding for medical infrastructure are expected to spur market growth in the region.