openPR Logo
Press release

Monoclonal Antibody Therapeutics Market Set for Rapid Growth to USD 531.31 Billion by 2031, Led by North America's 40% Global Market Share | DataM Intelligence

01-08-2026 01:09 PM CET | Health & Medicine

Press release from: DataM intelligence 4 Market Research LLP

Wound Care Management Devices

Wound Care Management Devices

The Global Wound Care Management Devices Market reached US$ 20.69 billion in 2024 and is expected to reach US$ 29.00 billion by 2033, growing at a CAGR of 3.8% during the forecast period 2025-2033.

Market growth is driven by the rising prevalence of chronic wounds, increasing incidence of diabetes and vascular disorders, and a growing aging population prone to slow-healing injuries. Advancements in wound care technologies, including negative pressure wound therapy, smart dressings, and bioactive materials, along with rising adoption of home healthcare solutions, are further accelerating market expansion. Additionally, increasing surgical volumes, improved reimbursement policies, and heightened focus on infection prevention and faster healing outcomes are strengthening demand for advanced wound care management devices.

Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID):-
https://www.datamintelligence.com/download-sample/wound-care-management-devices-market?praveen

United States: Key Industry Developments
✅ December 2025: U.S. medical device manufacturers launched advanced negative pressure wound therapy (NPWT) systems with portable, single-use designs, improving mobility and treatment adherence for chronic and post-surgical wound patients.

✅ November 2025: Leading wound care companies expanded smart wound dressings embedded with sensors to monitor moisture levels, infection risk, and healing progress, supporting data-driven clinical decision-making.

✅ October 2025: U.S. hospitals increased adoption of bioactive wound care products, including collagen-based and antimicrobial dressings, to reduce healing time and hospital readmissions for diabetic foot ulcers and pressure injuries.

Asia Pacific / Japan: Key Industry Developments
✅ December 2025: Japanese medical device firms introduced compact and precision-engineered wound care devices designed for elderly and long-term care settings, addressing the needs of Japan's rapidly aging population.

✅ November 2025: Collaborations between Japanese hospitals and device manufacturers focused on AI-enabled wound assessment tools, enhancing early detection of infection and improving clinical outcomes.

✅ October 2025: Japan-based companies expanded production of advanced hydrogel, foam, and antimicrobial dressings, supporting improved healing in surgical wounds and chronic ulcers.

Key Mergers and Acquisitions: Wound Care Management Devices
✅ Smith+Nephew expanded its wound care management device portfolio through strategic acquisitions of advanced wound therapy companies, strengthening its offerings in negative pressure wound therapy (NPWT) and bioactive dressing technologies.

✅ 3M Health Care reinforced its medical solutions business by acquiring innovative wound care device manufacturers, enhancing its capabilities in antimicrobial dressings, advanced skin protection, and chronic wound management.

✅ Convatec Group consolidated its position in the global wound care market by purchasing specialized wound management technology firms, broadening its portfolio in ostomy care, advanced dressings, and integrated wound healing solutions.

Market Segmentation Analysis - Wound Care Management Devices
- By Product Type: Advanced Wound Care Devices Lead Innovation
Advanced wound care devices dominate with approximately 50% share, driven by rising prevalence of chronic wounds, increasing adoption of negative pressure wound therapy (NPWT), and strong clinical outcomes in faster healing. Surgical wound care devices account for around 30%, supported by growing surgical volumes and post-operative wound management needs. Traditional wound care devices hold nearly 20%, maintaining demand due to affordability, widespread availability, and routine use in basic wound treatment.

- By Wound Type: Chronic Wounds Drive Sustained Demand
Chronic wounds lead with nearly 55% share, fueled by the growing incidence of diabetes, pressure ulcers, venous leg ulcers, and an aging population requiring long-term wound care solutions. Acute wounds account for around 45%, including surgical wounds, traumatic injuries, and burns, supported by rising emergency care and surgical procedures.

- By End User: Hospitals and Clinics Remain the Primary Care Setting
Hospitals and clinics dominate with approximately 60% share, driven by advanced infrastructure, skilled healthcare professionals, and high patient inflow requiring specialized wound management. Home healthcare accounts for around 25%, supported by the shift toward outpatient care, cost reduction, and increased use of portable wound care devices. Long-term care facilities hold nearly 15%, addressing chronic wound management among elderly and mobility-impaired patients.

Purchase this Report (Purchase 2 or more Reports and get 50% Discount)
https://www.datamintelligence.com/buy-now-page?report=wound-care-management-devices-market?praveen

Why is the Wound Care Management Devices Market Growing?
The rapid expansion of the Wound Care Management Devices Market in 2026 is driven by several critical factors:

- Rising Prevalence of Chronic Wounds: Increasing cases of diabetes, pressure ulcers, venous leg ulcers, and surgical wounds are driving demand for advanced wound care solutions.

- Growth in Surgical Procedures and Trauma Cases: Higher volumes of surgeries, accidents, and burn injuries are increasing the need for effective wound management and faster healing technologies.

- Advancements in Wound Care Technologies: Innovations in negative pressure wound therapy (NPWT), smart dressings, antimicrobial materials, and bioactive devices improve healing outcomes and infection control.

- Aging Population and Home Healthcare Demand: The growing elderly population and shift toward home-based care are boosting adoption of easy-to-use and portable wound care devices.

- Focus on Cost-Effective and Faster Healing: Healthcare providers are increasingly adopting advanced wound care devices to reduce hospital stays, lower complication rates, and improve overall patient outcomes.

Regional Insights - Wound Care Management Devices Market
North America leads the global wound care management devices market with the largest share, estimated at around 37%, driven by high prevalence of chronic wounds, advanced healthcare infrastructure, strong adoption of modern wound care technologies, and robust reimbursement frameworks in the U.S. and Canada.

Europe follows with approximately 28% market share, supported by increasing geriatric population, rising incidence of diabetes and chronic wounds, and strong adoption of advanced wound care products in Germany, the U.K., France, and Italy.

Asia-Pacific captures about 23% of the market, exhibiting the fastest growth due to expanding healthcare infrastructure, increasing awareness of advanced wound care, rising diabetic and surgical populations, and growing adoption of modern devices in China, India, Japan, and South Korea.

Other regions, including Latin America and Middle East & Africa, collectively hold the remaining 12%, driven by gradual adoption of advanced wound care technologies, growing hospital infrastructure, and increasing healthcare investments in Brazil, Mexico, UAE, and South Africa.

Speak to Our Analyst and Get Customization in the report as per your requirements:
https://www.datamintelligence.com/customize/wound-care-management-devices-market?praveen

Key Players:
Smith & Nephew plc | 3M Company | Cardinal Health Inc.| Medtronic plc | Coloplast A/S | ConvaTec Group plc | Johnson & Johnson Services Inc. | Mölnlycke Health Care AB | Hollister Incorporated | Medline Industries Inc.,

Key Highlights (Top 5 Key Players) for Wound Care Management Devices Market:
Smith & Nephew plc leads the wound care market with advanced dressings, negative pressure wound therapy (NPWT) systems, and bioactive wound care products, focusing on faster healing, infection prevention, and improved patient outcomes.

3M Company drives strong revenue through innovative wound care solutions, including advanced dressings, antimicrobial products, and surgical wound management systems, leveraging its research and healthcare technology expertise.

Cardinal Health, Inc. secures substantial market share by offering a broad portfolio of wound care products, surgical supplies, and NPWT devices, supporting hospitals, clinics, and long-term care facilities.

Medtronic plc generates significant revenue from negative pressure wound therapy systems and advanced wound management devices, emphasizing chronic wound care and post-surgical recovery solutions.

Coloplast A/S achieves steady growth with wound care and ostomy products, providing dressings, skin protection solutions, and specialized care systems for chronic and acute wounds.

Unlock 360° Market Intelligence with DataM Subscription Services: https://www.datamintelligence.com/reports-subscription?praveen

Power your decisions with real-time competitor tracking, strategic forecasts, and global investment insights all in one place.

✅ Competitive Landscape
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Unmet Needs & Positioning, Pricing & Market Access Snapshots
✅ Market Volatility & Emerging Risks Analysis
✅ Quarterly Industry Report Updated
✅ Live Market & Pricing Trends
✅ Import-Export Data Monitoring

Have a look at our Subscription Dashboard: https://www.youtube.com/watch?v=x5oEiqEqTWg

Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -

DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

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 Monoclonal Antibody Therapeutics Market Set for Rapid Growth to USD 531.31 Billion by 2031, Led by North America's 40% Global Market Share | DataM Intelligence here

News-ID: 4340743 • Views:

More Releases from DataM intelligence 4 Market Research LLP

Sensor Bearings Market Expected to Reach US$ 8.9 Billion by 2031, Growing at a CAGR of 4.02%, North America Leads with 35% Share | Key Players NTN Corporation, The Timken Company, Schaeffler Technologies, NSK Corporation
Sensor Bearings Market Expected to Reach US$ 8.9 Billion by 2031, Growing at a C …
The global sensor bearing market was valued at US$ 6.5 billion in 2023 and is projected to reach US$ 8.9 billion by 2031, growing at a CAGR of 4.02%. Sensor bearings are freestanding sensors embedded within bearings to measure speed, acceleration, direction, temperature, and vibration. By transmitting real-time data to control systems, they enable advanced condition monitoring and predictive maintenance, reducing downtime and improving efficiency. Get a Free Sample PDF Of
Space Robotics Market to Reach US$ 10.1 Billion by 2032 by 2032 | CAGR 8.7% | North America Leads with 42% Share | Key Players: Northrop Grumman, Redwire, Maxar Technologies, Blue Origin, Astrobotic
Space Robotics Market to Reach US$ 10.1 Billion by 2032 by 2032 | CAGR 8.7% | No …
The global space robotics market reached US$ 5.2 billion in 2024 and is projected to grow to US$ 10.1 billion by 2032, expanding at a CAGR of 8.7% during the forecast period 2025-2032. The market growth is primarily driven by the increasing complexity and ambition of space projects, as both government agencies and private companies invest heavily in missions to the Moon, Mars, and beyond. These missions require robots capable
United States Fibromyalgia Treatment Market 2033 | Growth Drivers, Key Players & Investment Opportunities
United States Fibromyalgia Treatment Market 2033 | Growth Drivers, Key Players & …
Market Size and Growth The global fibromyalgia treatment market reached US$ 2.83 billion in 2024 and is expected to reach US$ 3.88 billion by 2033, growing at a CAGR of 4.2 % during the forecast period 2025-2033. Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID):- https://www.datamintelligence.com/download-sample/fibromyalgia-treatment-market?sb Key Development: United States: Recent Fibromyalgia Treatment Developments ✅ In November 2025, Tonix Pharmaceuticals announced that TONMYATM (cyclobenzaprine HCl sublingual tablets) is
Breast Surgery Retractors Market to Reach US$ 655.54 Million by 2033 | CAGR 6.5% | North America Leads with 38% Share | Key Players: Accurate Surgical, Integral Lifesciences, Thompson Surgical, Medtronic, Cooper Surgical
Breast Surgery Retractors Market to Reach US$ 655.54 Million by 2033 | CAGR 6.5% …
Breast Surgery Retractors Market Overview The global Breast Surgery Retractors Market reached US$ 341.35 million in 2024 and is projected to reach US$ 655.54 million by 2033, growing at a CAGR of 6.5% during the forecast period 2025-2033. The market growth is largely fueled by the increasing prevalence of breast cancer, rising demand for cosmetic and reconstructive breast surgeries, and continuous innovations in surgical instruments. Get a Free Sample PDF Of This

All 5 Releases


More Releases for Wound

Enzymatic Wound Debridement Market: Transforming Wound Care with Precision
Wound care plays a critical role in the healthcare industry, ensuring the proper treatment and healing of injuries, ulcers, and chronic wounds. Among various wound care techniques, enzymatic wound debridement has gained significant attention due to its precision and effectiveness in removing necrotic tissue while preserving healthy tissue. This method offers a less invasive alternative compared to surgical procedures and has become an integral part of modern wound management. Introduction Enzymatic wound
Negative Pressure Wound Therapy Market: Accelerating Wound Healing Innovations
In recent years, the global Negative Pressure Wound Therapy Market has witnessed a dynamic shift, influenced by changing consumer preferences, technological advancements, and a growing emphasis on sustainability. The Research report on Negative Pressure Wound Therapy Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot
Canada Wound Care Management Market Report- Advanced Wound Management, Compressi …
ReportsnReports added a new report on The Canada Wound Care Management Market report that delivers the clean elaborated structure of the Report comprising each and every business-related information of the market at a global level. The in-depth study on the current state which focuses on the major drivers and restraints for the key players. Canada Wound Care Management Market Industry research report provides granular analysis of the market share, segmentation,
Wound Dressings Market (Traditional Wound Dressings: Wound Closure Products, Bas …
Global market for wound dressing is anticipated to witness a 4.50% CAGR from 2014 to 2020. In 2013, the market was valued at US$7.5 bn and is likely to touch a valuation of US$10.1 bn by the end of 2020. Get Report Sample Copy for More Professional and Technical Insights @ https://www.mrrse.com/sample/1379 While traditional wound dressings have been preferred by healthcare practitioners and patients owing to low prices and well-defined reimbursement policies,
Advanced Wound Care Management Market Report 2018: Segmentation by Product (Mois …
Global Advanced Wound Care Management market research report provides company profile for Smith & Nephew plc, Acelity L.P., Inc., Molnlycke Health Care AB, ConvaTec Inc., B. Braun Melsungen AG, Coloplast A/S, 3M Healthcare, Integra LifeSciences Corporation and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY
Non-adherent Dressings Market Report 2018: Segmentation by Product (Traditional …
Global Non-adherent Dressings market research report provides company profile for Coloplast A/S, Kinetic Concepts, Inc., B. Braun Melsungen AG, Smith & Nephew plc, 3M Health Care, Molnlycke Health Care, Derma Sciences, Inc., Medline Industries, Inc., PAUL HARTMANN AG, ConvaTec, Inc. and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms