Press release
Global Advanced Wound Care Market to Reach USD 19.3 B by 2030 at ~6-7% CAGR
Advanced Wound Care Market
The global Advanced Wound Care market is forecast to expand from approximately USD 11.1 billion in 2023/2024 to between USD 19.3 billion by 2030, at a projected CAGR of 5.5-7.6% depending on the source Market estimates vary:
Fortune Business Insights projects growth from USD 12.62 B (2024) to USD 20.33 B by 2032 (CAGR 6.1%)
MarketsandMarkets estimates USD 12.48 B in 2024 to USD 19.32 B by 2030 (CAGR 7.6%)
Grand View Research records USD 7.39 B in 2023 rising to USD 10.75 B by 2030 at 5.5% CAGR .
Download your sample copy of this report today!https://www.maximizemarketresearch.com/request-sample/28998/
◉ Market Overview & Key Drivers
Chronic diseases (e.g. diabetes), rising surgical & traumatic wound cases, geriatric populations, and increasing incidence of burns are driving demand for advanced solutions such as moist dressings, antimicrobial dressings, skin-substitutes, NPWT, and active biologics
By product, moist dressings held over 50-60% share in 2023, while antimicrobial products are the fastest-growing sub-segment
Hospitals dominate end‐use (≈45% share), followed by specialty clinics and home healthcare
◉ Competitive Landscape
Major global players include Smith & Nephew, Molnlycke Health Care, ConvaTec Group PLC, URGO Medical, Coloplast Corp., 3M, B. Braun, Medline Industries, Medtronic, and Integra Lifesciences
ConvaTec, a leading specialist, acquired Triad Life Sciences in 2022 (~USD 125 M) and a nitric oxide platform in 2023 to expand its advanced wound care portfolio and innovation pipeline
Secure your sample copy of this report immediately!https://www.maximizemarketresearch.com/request-sample/28998/
Higher Demand & Growth in Regions
North America led globally in 2023-24 with over 42-45% share due to advanced healthcare infrastructure and high chronic wound prevalence
Asia-Pacific is the fastest-growing region, with an estimated 15-16% of total 2023 revenue (~USD 1.16 B) and projected growth at ~6-7% CAGR through 2030
Europe shows steady mid-CAGR growth (~5.5-6%) anchored in strong surgical volumes and regulatory compliance
◉ COUNTRY‐SPECIFIC INSIGHTS
Vietnam Opportunity Growth
Vietnam's expanding healthcare infrastructure and rising diabetes-linked wound cases are generating demand for cost-efficient foam and antimicrobial dressings, especially in hospitals and wound-care clinics.
Thailand Trends Growth
Thailand is witnessing increasing adoption of moist dressings and skin substitutes in burn and surgical care, supported by growth in its medical tourism sector and investments in wound-care clinics
Japan Consolidation Growth
Japan, with one of APAC's greatest CAGR estimates, is consolidating supply chains via partnerships with companies like Molnlycke and Smith & Nephew, focusing on high‐end antimicrobial and collagen dressings
South Korea Updation Innovation
South Korea upgrades infrastructure towards NPWT systems and biomaterial-based skin substitutes, supported by increasing chronic wound clinics and long-term care facilities.
Benchmarking Opportunity in Singapore
Singapore's advanced hospitals are among the first in APAC to deploy smart dressings and biological skin substitutes, benchmarking global performance in clinical wound management
United States Consolidation Trends
In the U.S., ConvaTec Group PLC and Smith & Nephew expand through acquisitions and platform partnerships; for instance, ConvaTec's 2022 acquisition of Triad Life Sciences reinforces its advanced tissue technology focus .
Growth in China Trends
China leads APAC in market scale, fueled by diabetes prevalence, rising surgical volumes, and local manufacturers increasing affordability. It is projected to grow faster than the regional average through 2030.
Opportunity & Compliance in Europe
Europe-especially Germany, France, and the UK-emphasizes regulatory-approved antimicrobial dressings and NPWT systems; sustainability and reusable smart dressings also gain traction in high‐value markets.
To learn more about the findings of this research, please check:https://www.maximizemarketresearch.com/market-report/global-advanced-wound-care-market/28998/
◉ Advanced Wound Care Market Segments
by Product
Moist Wound Dressings
Wound Therapy Devices
Active Wound Care
Other
by Type
Acute
Chronic
by Application
Diabetic wound
Skin burns
Pressure wound
Surgical wound
Ulcers
Others
by End-User
Hospitals
Community Centers
◉ Mergers & Acquisitions Highlights
ConvaTec acquired Triad Life Sciences Inc. for USD 125 million in 2022, and in 2023 bought a nitric oxide wound‐care platform to enhance its pipeline
Molnlycke Health Care completed numerous mergers including JKT, Rynel, and others to strengthen its position in the wound care and surgical disposables space
◉ Key Recent Developments
FDA clearance of a new alginate-based dressing for trauma wounds (February 2023) offers improved hemostatic and regenerative qualities
Rising interest in transparent polymeric nanofiber and hydrogel dressings, enabling wound monitoring without frequent changes, is a notable innovation trend
◉ Get Market Research Latest Trends
Global Gastrointestinal Diseases Market https://www.maximizemarketresearch.com/market-report/gastrointestinal-diseases-market/304/
Global Kidney Stone Management Devices Market https://www.maximizemarketresearch.com/market-report/global-kidney-stone-management-devices-market/34959/
Global Orthopedic Surgical Power Tools Market https://www.maximizemarketresearch.com/market-report/global-orthopedic-surgical-power-tools-market/96822/
Global Clinical Trial Imaging Market https://www.maximizemarketresearch.com/market-report/global-clinical-trial-imaging-market/6603/
Diabetes Pen market https://www.maximizemarketresearch.com/market-report/global-diabetes-pen-market/53840/
Nutraceutical Excipients Market https://www.maximizemarketresearch.com/market-report/nutraceutical-excipients-market/187544/
Semiconductor Plating System Market https://www.maximizemarketresearch.com/market-report/semiconductor-plating-system-market/195202/
Immunofluorescence Analyzers Market https://www.maximizemarketresearch.com/market-report/immunofluorescence-analyzers-market/148024/
Global Schizophrenia Drugs Market https://www.maximizemarketresearch.com/market-report/global-schizophrenia-drugs-market/36146/
Global Traditional Wound Management Market https://www.maximizemarketresearch.com/market-report/global-traditional-wound-management-market/118540/
Global Pressure Injectable PICC Kits Market https://www.maximizemarketresearch.com/market-report/global-pressure-injectable-picc-kits-market/91050/
Global Medical Decision Support Systems for Sepsis Market https://www.maximizemarketresearch.com/market-report/global-medical-decision-support-systems-for-sepsis-market/10819/
Global Rhabdomyosarcoma Market https://www.maximizemarketresearch.com/market-report/global-rhabdomyosarcoma-market/66002/
◉Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
◉About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Advanced Wound Care Market to Reach USD 19.3 B by 2030 at ~6-7% CAGR here
News-ID: 4112162 • Views: …
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.
Pyrolysis Oil Market: A Look at the Industry's Current and Future State
Pyrolysis Oil Market size was valued at USD 360.35 Million in 2024 and the market revenue is expected to grow at a CAGR of 4.2% from 2024 to 2032, reaching nearly USD 500.8 Million.
The Pyrolysis Oil Market is witnessing a significant transformation as industries seek sustainable and renewable alternatives to conventional fossil fuels. Pyrolysis oil, derived from the thermal decomposition of biomass or waste materials, is gaining traction for its…
India Metal Fabrication Equipment Market : A Breakdown of the Industry by Techno …
India Metal Fabrication Equipment Market has been estimated at US$ 92.13 Bn in 2023 and is projected to reach US$ 130.50 BN by 2030, at a CAGR of 5.1% during the forecast period.
The India Metal Fabrication Equipment market is undergoing significant transformation as digital technologies, data analytics, and AI-driven platforms reshape how policies are distributed and customized for clients. Brokers are moving beyond traditional policy placement to offer risk advisory…
Automatic Lubrication System Market: An In-Depth Look at the Current State and F …
The Automatic Lubrication System Market size was valued at USD 886.79 Billion in 2024 and the total Automatic Lubrication System revenue is expected to grow at a CAGR of 4.7% from 2025 to 2032, reaching nearly USD 1340.73 Billion.
The Automatic Lubrication System (ALS) market is witnessing a significant transformation as industries increasingly prioritize efficiency, equipment longevity, and safety. These systems provide precise and consistent lubrication to machinery, reducing wear and…
Kitchenware Market : A Look at the Industry's Advancements and Opportunities
The Kitchenware Market size was valued at USD 74.04 Billion in 2024 and the total Kitchenware revenue is expected to grow at a CAGR of 4.5% from 2025 to 2032, reaching nearly USD 105.30 Billion.
The Kitchenware Market has been experiencing a dynamic transformation as consumers increasingly prioritize convenience, efficiency, and aesthetics in their cooking environments. Modern kitchens are no longer just functional spaces-they are extensions of lifestyle, driving demand for…
More Releases for USD
Chlorella Market Reach USD 465.85 Million USD by 2030
Market Growth Fueled by Increased Adoption of Plant-Based Proteins and Health Supplements
Global Chlorella Market size was valued at USD 303.75 Mn. in 2023 and the total Chlorella revenue is expected to grow by 6.3 % from 2024 to 2030, reaching nearly USD 465.85 Mn. . The growth of the market is majorly due to increase in the consumer awareness about health, the inclination towards plant-based food such as chlorella and…
Bamboo Clothing Market: USD 1.83B to USD 3.27B by 2030
Bamboo Clothing Market Poised for Robust Growth with Sustainability and Eco-Friendly Trends Driving Demand
The global bamboo clothing market is experiencing substantial growth, spurred by a significant shift towards sustainable fashion and eco-friendly materials. As consumers become increasingly conscious of their environmental impact, bamboo fabric-known for its natural, biodegradable properties-is gaining popularity in the fashion industry. This market is expected to continue its upward trajectory, driven by rising demand for eco-conscious…
Biometrics Market: "Biometrics: USD 34.3B to USD 112.4B by 2031"
Biometrics Market Market Scope:
Key Insights : Biometrics Market size was valued at USD 34.3 billion in 2022 and is poised to grow from USD 39.1 billion in 2023 to USD 112.4 billion by 2031, growing at a CAGR of 14.1% during the forecast period (2024-2031).
Discover Your Competitive Edge with a Free Sample Report :https://www.skyquestt.com/sample-request/biometrics-market
Access the full 2024 Market report for a comprehensive understanding @https://www.skyquestt.com/report/biometrics-market
In-Depth Exploration of the global Biometrics…
Advanced (3D/4D) Visualization Systems Market Size, Trends, Growth, Share to sur …
Fatpos Global has carefully studied specific areas, such as application and product type, in the global Advanced (3D/4D) Visualization Systems Market research study. During the predicted period of 2022 to 2032, each kind gives data on sales. The Advanced (3D/4D) Visualization Systems Market analysis examines into the characteristics and financials of the leading participants.
As per the analysis research report, the Advanced (3D/4D) Visualization Systems Market to…
$100,000,000 USD job contract for travel - $3,000,000 USD referral commission.
Khoja Consultants invites companies, teams or venture capitalists for a $100,000,000 USD contract for travel. The selected company will be providing all accommodations and expenses for a 6-month long business trip around the world. Khoja Consultants expects five-star treatment including close security with private planes, hotels, secured vehicles and helicopters if necessary. More details on the job contract and application are provided at - www.KhojaConsultants.com.
There is a $3,000,000…
IOT Solutions Market worth USD 553.9 million USD by 2026
"The global IoT solutions market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cybersecurity as a service market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa."
These days many businesses are adopting a market research report…
