Press release
Wound Gel Market Projected to Reach USD 41.51 Billion by 2034, Growing at a CAGR of 5.88%
Wound Gel Market
Wound gel is a topical treatment designed to promote healing and protect wounds by maintaining a moist environment. It helps speed up recovery, reduce the risk of infection, and relieve pain by keeping the wound hydrated. Commonly used for burns, cuts, ulcers, and surgical wounds, wound gels are often formulated with ingredients such as hydrogel, antimicrobial agents, or natural extracts to support various stages of the healing process.
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Key Highlights from the Report:
● The market growth is driven by several key factors, including the rising number of road accidents, the increasing prevalence of diabetes, higher healthcare spending, and the growing adoption of telemedicine.
● Based on gel type insights, the amorphous hydrogel segment held the largest market share in 2024, accounting for 42.32% of total revenue. The hydrogel sheet segment is expected to witness strong growth throughout the forecast period.
● According to end use analysis, the home healthcare segment is expected to account for 24.53% of the market revenue by 2034.
● In 2024, North America held 45.23% of the global wound gel market revenue, making it the leading regional market.
● The Asia Pacific market is projected to experience strong and sustained growth in the coming years.
Driving Factors:
Rising Healthcare Spending:
Governments and private healthcare providers around the world are increasing investments to enhance patient outcomes, driving the adoption of specialized treatments for both acute and chronic wounds. Hospitals, clinics, and home care providers are also turning to wound gels, recognizing their superior healing properties compared to traditional dressings.
Increasing Popularity of Telemedicine:
The rising adoption of telemedicine is encouraging healthcare providers to recommend user-friendly, effective treatments that require minimal clinical supervision. Wound gels align well with this need, offering easy application, supporting moist wound healing, and reducing the need for frequent dressing changes.
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Major Participants:
The wound gel market is highly competitive, with leading companies such as:
• B. Braun SE
• Cardinal Health
• Coloplast Group
• ConvaTec Group PLC
• Dynarex Corporation
• Johnson & Johnson
• Kane Biotech Inc.
• Lohmann & Rauscher GmbH & Co. KG
• Medline Industries, LP
• Medtronic
• Mölnlycke Health Care AB
• Paul Hartmann AG
• Smith+Nephew
• Urgo Medical
Wound Gel Market Industry Developments
• November 2023: Kane Biotech Inc., in collaboration with ProgenaCare Global LLP, announced the launch of Revive, an antimicrobial wound gel designed to support wound healing and infection prevention.
• May 2023: Kane Biotech Inc. received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its coactiv+ antimicrobial wound gel, intended for the management of ulcers.
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Market Segmentation:
By Gel Type Outlook
● Amorphous Hydrogel
● Impregnated Gauze
● Hydrogel Sheets
● Others
By Wound Type Outlook
● Surgical Wound
● Diabetic Ulcers
● Pressure Ulcers
● Venous Ulcers
● Burns
● Others
By End Use Outlook
● Hospitals
● Clinics
● Ambulatory Centers
● Home Healthcare
● Others
By Regional Outlook:
● North America
○ US
○ Canada
● Europe
○ Germany
○ France
○ UK
○ Italy
○ Spain
○ Netherlands
○ Russia
○ Rest of Europe
● Asia Pacific
○ China
○ Japan
○ India
○ Malaysia
○ South Korea
○ Indonesia
○ Australia
○ Vietnam
○ Rest of Asia Pacific
● Middle East & Africa
○ Saudi Arabia
○ UAE
○ Israel
○ South Africa
○ Rest of Middle East & Africa
● Latin America
○ Mexico
○ Brazil
○ Argentina
○ Rest of Latin America
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