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India's Advanced Wound Care Market Surpasses USD 576 Million in 2022, Poised for Growth in Hydrogel Bandages

04-02-2025 05:54 PM CET | Health & Medicine

Press release from: Makreo Research And Consulting

India's Advanced Wound Care Market Surpasses USD 576 Million

India's advanced wound care market is poised for transformation as the country witnesses a surge in demand for effective wound management solutions. Despite being one of the fastest-growing segments in India's healthcare industry, the sector remains underpenetrated due to high costs, limited domestic production, and restricted accessibility beyond Tier-1 cities. With increasing cases of diabetic foot ulcers, burns, and chronic wounds, the market presents immense opportunities, particularly in the hydrogel bandage segment.

According to Makreo Research, in 2022, wound care accounted for 25-30% of the total medical consumables market in India, generating revenue of USD 576.42 million with a 9.66% year-on-year growth. Traditional wound dressings such as cotton gauze continue to dominate, while the advanced wound care sector has limited penetration due to high product costs and restricted availability. The market is primarily controlled by multinational corporations, with Smith & Nephew, 3M, and Johnson & Johnson collectively holding over 81% of the market share. These products are predominantly available in Tier-1 cities, with minimal presence in Tier-2 and smaller cities, leaving a significant portion of the population underserved.

For more details, request the Sample Report from here
India Advanced Wound Care Market Size and Forecast (2018-2028) - Growth Opportunities in the Hydrogel Market
https://www.makreo.com/report/india-advanced-wound-care-market-size-forecast-2018-2028-opportunities-hydrogel-market

► Unlocking the Growth Potential of Hydrogel Bandages in India
Hydrogel bandages, a type of advanced wound dressing, have gained global recognition for their effectiveness in providing a moist wound environment, pain relief, and accelerated healing. These bandages are particularly beneficial for diabetic foot ulcers, burns, and chronic wounds. Despite their advantages, hydrogel bandages are still in their nascent stage in India due to cost concerns and limited awareness.

Given India's increasing diabetic population and growing burden of chronic wounds, the demand for hydrogel bandages is expected to rise. Local manufacturing and innovation in hydrogel-based wound dressings could significantly improve accessibility and affordability, creating a strong opportunity for investors and healthcare providers.

► Barriers to Growth in India's Advanced Wound Care Market
While India has established itself as the "Pharmacy of the World," with significant contributions to pharmaceuticals and biotechnology, the advanced wound care sector continues to face challenges such as:
• High Dependence on Imports: The majority of advanced wound care products are supplied by global players, making them expensive and less accessible.
• Limited R&D and Domestic Production: Despite India's capability in medical research, there are few indigenous manufacturers investing in advanced wound care technologies.
• Unfavorable Duty Structures: Import duties on medical consumables create cost barriers for domestic manufacturers, limiting the sector's competitiveness.

► Recent Developments in India's Advanced Wound Care Market
Several recent advancements indicate that India is gradually recognizing the potential of advanced wound care solutions:
• Fibroheal Woundcare Funding: In December 2024, Fibroheal Woundcare raised Rs 6.3 crore in a pre-Series A funding round. The investment came from existing promoters and new investors, including leading surgeons, medical professionals, and bankers. Fibroheal is expected to become a key player in the wound management space with its unique silk-based wound care technology.
• Innovative Wound Dressing by Indian Scientist: An Indian scientist has developed an advanced wound dressing made from agarose, a seaweed-derived natural polymer. This innovation aims to provide cost-effective solutions for diabetic and chronic wound patients while paving the way for domestic business incubation in wound care.
• Axio Biosolutions' Expansion into Veterinary Wound Care: India's leading integrated wound care company, Axio Biosolutions, has launched the SureKlot range, the country's first veterinary wound management solution. This expansion demonstrates the growing scope of advanced wound care across different applications.

► Investment Opportunities in India's Advanced Wound Care Market
India presents immense potential for investment in advanced wound care, particularly in the hydrogel bandage segment. Investors should consider the following opportunities:
• Establishing Local Manufacturing Facilities: Establishing domestic production facilities for hydrogel bandages could reduce costs and improve accessibility, addressing a major gap in the market.
• Partnerships and Collaborations: Collaborations between local firms, research institutions, and global players could drive innovation and product development.
• Market Expansion Beyond Tier-1 Cities: Expanding distribution networks to Tier-2 and rural areas would help cater to the underserved population and drive market penetration.

► The Future of Advanced Wound Care in India
The Indian advanced wound care market, particularly the hydrogel bandage segment, holds significant growth potential. Despite low market penetration, rising demand for effective wound management solutions presents lucrative opportunities for investors, healthcare providers, and manufacturers. Strategic investments in domestic production, R&D, and broader market accessibility could position India as a key player in advanced wound care.

This study provides a comprehensive analysis of the Indian wound care industry, examining key market trends, growth drivers, challenges, and opportunities. It explores the increasing demand for advanced wound care products such as hydrogel and collagen dressings, alongside evolving solutions for chronic wound treatment and surgical care. The report also highlights major industry players, including Ramaraju Surgical Cotton Mills Limited, Smith & Nephew India, 3M Wound Care India, Medline Industries, Baxter International, and Johnson & Johnson.

Additionally, the study delves into market segmentation, technological advancements, and India's regulatory landscape, covering medical device policies and wound care regulations. The impact of innovations in wound healing and advanced dressing solutions will also be analyzed, offering valuable insights into the future of India's wound care sector.

► Key areas discussed in the report:
• Medical Consumables
• Wound care
• Wound closure
• Surgical gloves

► Wound Care Market
• Traditional Wound Care
• Advance Wound care

► Advance Wound Care Market by Products
• Adhesive Foam Dressing
• Chlorhexidine Gauze Dressing
• Film Dressing
• Hydrogel
• Collagen

► Wound Dressing by Type of Wound
• Clean Wound
• Trauma Wound
• Infected Wounds

► Companies Covered:
• Ramaraju Surgical Cotton Mills Limited
• Smith+Nephew Associated Companies Limited
• 3M Company Limited
• Medline Industries Limited
• Baxter International Incorporation
• Medicare Hygiene Limited
• Sundaram Surgical
• Cardinal Health Incorporation
• KS Surgical Private Limited
• Johnson & Johnson

► Related reports:
India Adult Vaccine Market Size and Opportunities - Vaccination Coverage, Demand, Vaccines in Pipeline, and Competitive Analysis
https://www.makreo.com/report/india-adult-vaccine-market-report-global-vaccination-coverage-demand-opportunities-pipeline-vaccines-and-competitive-analysis

India Anti-Obesity Drug Market Size and Forecast to 2030
https://www.makreo.com/report/india-anti-obesity-drug-market-size-and-forecast-2030

► Why Choose Makreo Research for Your Healthcare Market Survey?
Makreo Research conducts a diverse range of healthcare surveys, including B2B and B2C surveys, in-depth interviews (IDIs), pre-launch and post-launch surveys, as well as specialized surveys for hospitals and medical practitioners, Vaccine acceptance rate, Disease prevalence rate, brand perception survey, among others. These studies help assess market demand, consumer preferences, competitive positioning, and industry trends, enabling businesses to refine strategies and optimize decision-making.

► What Healthcare Market Survey Services Does Makreo Research Provide?
• Patient Satisfaction Surveys - Gain insights into patient experiences and improve healthcare services.
• Healthcare Provider Surveys - Understand the challenges and needs of hospitals, clinics, and medical professionals.
• Medical Device & Pharma Market Research - Assess demand, competition, and adoption trends for medical innovations.
• Brand Perception & Awareness Studies - Measure your brand's reputation among healthcare professionals and consumers.
• Mystery Patient Studies - Evaluate the quality of patient care and service standards in hospitals and clinics.
• Competitive Analysis & Benchmarking - Analyze pricing, service quality, and operational strategies of competitors.
• Telemedicine & Digital Health Surveys - Explore the adoption of online consultations, wearable health tech, and AI-driven healthcare solutions.

With extensive experience conducting healthcare market surveys across Tier 1, Tier 2, and Tier 3 cities in India-including Mumbai, Delhi, Bangalore, Chennai, and Hyderabad-Makreo Research has supported pharmaceutical companies, medical device manufacturers, hospitals, and health-tech startups in making data-driven decisions.

Our Offerings:
Syndicated Studies (Report Library) - https://www.makreo.com/report-store
Consulting Services - https://www.makreo.com/custom-research
Market Surveys (B2B & B2C) - https://www.makreo.com/market-survey

Stay ahead with Makreo Research's expert analysis on the latest healthcare market developments.

Makreo Research and Consulting
801, Trishul Goldmine, Palm Beach, Sector 15, Belapur, Navi Mumbai, Maharashtra 400614, India

Contact us:
Phone Number
+91-9619699069
Email Address
info@makreo.com

Makreo Research provides high-quality market insights, helping businesses, governments, and agencies make informed decisions. Based in India, we specialize in Syndicated and Custom Research, Consulting, and Market Surveys, offering deep analysis to navigate complex market dynamics and drive growth.

Extensive Industry Coverage Across Geographies
Makreo Research offers in-depth insights across industries like Logistics, Packaging, Healthcare, BFSI, E-commerce, and more. With a global presence spanning North America, LATAM, Europe, APAC, MENA, and beyond, we cater to both developed and emerging markets, delivering tailored research solutions.

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