Advanced Wound Care Market Size, SWOT Analysis, Growth Statistics, Share Evaluation and Forecast Report 2030

The global advanced wound care market is projected to be worth USD 13.4 billion by 2030, growing at a CAGR of 5.8%. This growth can be attributed to the growing occurrence of surgical and other kinds of wounds throughout the globe. Furthermore, the advancing medicinal safety standards are projected to support the domain development in the coming few years.

In recent years, the advanced wound dressing category had the largest advanced wound care industry share. This is mainly because of the rising incidence of healthcare-related infections and growing consciousness among patients on their impacts.

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Furthermore, the growing occurrence of several kinds of ulcers, including venous ulcers, diabetic ulcers, and pressure ulcers, is rising the category's development. This kind of dressing offers a humid microenvironment, permits gaseous exchange, and avoids infection, to help healing.

In the past few years, the acute wounds category held the larger market share, of above 55%, owing to the growing occurrence of numerous traumatic wounds, including from road accidents. Furthermore, in the past few years, there has been a surge in the incidence of non-fatal wounds demanding appropriate medicinal attention in the U.S.

Hospitals are the highest revenue generator in the advanced wound care market, with a share of above 40% in recent years. This can be credited to the dedicated facilities that are offered to patients suffering from injuries by well-trained staff in inpatient hospital surroundings.

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Furthermore, the growing count of patients being admitted to infirmaries for the cure of chronic bruises, the rising count of individuals with HAIs, and the growing count of operations being conducted in hospitals are increasing the category's development.

In the past few years, North America held the highest advanced wound care market share, of above 43%, credited to the growing elderly populace and the rising occurrence of obesity, burns, diabetes, and road accidents. The elderly populace is more vulnerable to illnesses because of its low immunity and retrieval power, which results in the growing usage of advanced wound care items.

Furthermore, the existence of major players, high healthcare expenditure, and a surge in R&D activities in the continent are boosting market development.

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APAC is projected to experience the highest CAGR in the coming few years, because of the elderly populace, growing diabetes occurrence, and a growing number of burn cases. The surge in the item demand can also be credited to the altering lifestyles, which have amplified the occurrence of chronic illnesses.

The other reasons are accountable for the regional development are the revolutions in wound healing biologics and the growing participation of private and public organizations in spreading awareness of the new methods of healing wounds.

Market Size Breakdown by Segment

By Type
• Advanced Wound Dressing
o Foam Dressing
o Hydrocolloid Dressing
o Film Dressing
o Alginate Dressing
o Hydrogel Dressing
o Collagen Dressing
o Others
• Wound Therapy Device
o Negative Pressure Wound Therapy (NPWT) Device
o Oxygen & Hyperbaric Oxygen Equipment
o Electrical Stimulation Device
o Others
• Active Wound Care Products
o Artificial Skin and Skin Substitutes
o Topical Agents
By Application
• Acute Wounds
o Surgical & Traumatic Wounds
o Burns
• Chronic Wounds
o Diabetic Foot Ulcers
o Pressure Ulcers
o Venous Leg Ulcers
o Other Chronic Wounds
By End User
• Hospitals
• Clinics
• Home Healthcare
• Others

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