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Advanced Wound Care Market Landscape 2025: Forecast Data and Growth Strategy Insights
Advanced Wound Care Market
What Is the Expected CAGR for the Advanced Wound Care Market Through 2025?
The market size for advanced wound care has seen significant expansion in the recent past. Projected growth is from $10.93 billion in 2024 to $11.61 billion in 2025, with a compound annual growth rate (CAGR) of 6.3%. The historic growth of this market is due to factors such as increased rates of chronic diseases, a rise in the number of surgical procedures, heightened awareness about wound care, government-led healthcare initiatives, and patients' inclination towards non-invasive treatments.
What's the Projected Size of the Global Advanced Wound Care Market by 2029?
The market size of advanced wound care is predicted to surge significantly in the forthcoming years, reaching a valuation of $15.3 billion in 2029, with a 7.1% compound annual growth rate (CAGR). The escalation during this forecast period can be correlated with the rising occurrence of chronic wounds, developments in telemedicine and remote patient observation, personalized and precision medicine, regulatory backing for innovation, and value-driven healthcare. Key trends in this forecast period encompass the assimilation of smart technologies, sophisticated wound dressings embedded with monitoring features, the fusion of telemedicine in wound treatment, bioactive and antimicrobial dressings along with cutting-edge wound closure methods.
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Top Growth Drivers in the Advanced Wound Care Industry: What's Accelerating the Market?
The advanced wound care devices market is anticipated to grow due to a surge in the number of surgeries. Surgeries, which are procedures to cure diseases or injuries in humans or animals by operating and treating the problem area within the body, often necessitate advanced wound care devices. These tools are beneficial for surgical patients as they enhance metabolism and oxygen circulation. As an example, the British Association of Aesthetic Plastic Surgeons, a UK-based surgical body, reported in March 2023, that the UK witnessed 31,057 cosmetic surgeries in 2022. This represents a significant 102% increase compared to the prior year. Thus, the proliferation in surgeries is fuelling the advancement of the wound care devices market.
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Which Emerging Trends Are Transforming the Advanced Wound Care Market in 2025?
The trend of integrating technology into the advanced wound care devices market is progressively gaining traction. Major players in this market are leveraging cutting-edge technology to solidify their market presence. For example, in September 2022, Colzyx Ab, a company based in Sweden that manufactures wound care devices, developed an innovative wound matrix known as WOUNDCOM. The matrix features effector molecules that are bioactive components of human collagen VI, a crucial host-defense protein. These molecules have evolved to trigger, promote, and regulate proper physiological wound healing, while also demonstrating significant antimicrobial properties. The effector molecules from Colzyx offer a potent healing impact and a wide-ranging antimicrobial effect against both standard and multidrug-resistant bacteria, thereby contributing to pain reduction and bacterial removal from the wound.
What Are the Main Segments in the Advanced Wound Care Market?
The advanced wound care market covered in this report is segmented -
1) By Product: Moist, Antimicrobial, Active
2) By Application: Chronic Wounds, Acute Wounds
3) By End User: Hospitals, Specialty Clinics, Home Healthcare, Other Types
Subsegments:
1) By Moist: Hydrocolloid Dressings, Hydrogels, Foam Dressings
2) By Antimicrobial: Silver-Infused Dressings, Honey-Infused Dressings, Iodine-Containing Dressings
3) By Active: Negative Pressure Wound Therapy (NPWT), Bioengineered Skin Substitutes, Electrical Stimulation Devices
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Which Top Companies are Driving Growth in the Advanced Wound Care Market?
Major companies operating in the advanced wound care market include Integra Lifesciences Corp., Molnlycke Health Care, Johnson And Johnson Services Inc., Medline Industries Inc., Medtronic plc, Organogenesis Holdings Inc., Smith & Nephew plc, B. Braun Melsungen AG, Coloplast A/S, ConvaTec Group plc, Hollister Incorporated, URGO Medical Ltd., Lohmann And Rauscher GmbH & Co. KG, MiMedx Group Inc., Zimmer Biomet Holdings Inc., Misonix Inc., Cardinal Health Inc., BSN medical GmbH, Paul Hartmann AG, Nestlé Health Science SA, AstraZeneca plc, Johnson & Johnson Medical Devices group, Becton, Dickinson and Company, Lohmann & Rauscher International, Beiersdorf AG, Hologic Inc.
Which Regions Will Dominate the Advanced Wound Care Market Through 2029?
North America was the largest region in the advanced wound care devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the advanced wound care devices market report during the forecast period. The regions covered in the advanced wound care devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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