According to a recent research report titled “Wound Care Market (By Application: Chronic, Acute; By End-use: Hospitals, Specialty Clinics, Home Healthcare, Physician’s Office, Nursing Homes, Others; By Product: Advanced Wound Dressing, Surgical Wound Care, Traditional Wound Care, Wound Therapy Devices; By Mode of Purchase: Prescribed, Non-prescribed (OTC)) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032″ published by Precedence Research, the global wound care market size is projected to touch around USD 35.33 billion by 2032 and growing at a CAGR of 4.40% over the forecast period 2023 to 2032. This comprehensive study examines various factors and their impact on the growth of the wound care market.
Key Takeaways
- North America contributed more than 46% of revenue share in 2022.
- Asia Pacific is estimated to expand the fastest CAGR between 2023 and 2032.
- By application, the chronic segment has held the largest market share of 75% in 2022.
- By application, the acute segment is anticipated to grow at a remarkable CAGR of 5.1% between 2023 and 2032.
- By end-use, the hospital segment generated over 39% of revenue share in 2022.
- By end-use, the home care segment is expected to expand at the fastest CAGR over the projected period.
- By product, the advanced wound dressing segment generated over 34% of revenue share in 2022.
- By product, the surgical wound care segment is expected to expand at the fastest CAGR over the projected period.
- By mode of purchase, the prescribed segment generated over 65% of revenue share in 2022.
- By mode of purchase, the non-prescribed (OTC) segment is expected to expand at the fastest CAGR over the projected period.
The report primarily focuses on the volume and value of the wound care market at the global, regional, and company levels. At the global level, the report analyzes historical data and future prospects to present an overview of the overall market size. Regionally, the study emphasizes key regions such as North America, Europe, the Middle East & Africa, Latin America, and others.
Furthermore, the research report provides specific segmentations based on regions (countries), companies, and all market segments. This analysis offers insights into the growth and revenue trends during the historical period of 2017 to 2032, as well as the projected period. By understanding these segments, it becomes possible to identify the significance of different factors that contribute to market growth.
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The research also highlights significant progressions in both organic and inorganic growth strategies within the global wound care market. Numerous companies are placing emphasis on new product launches, gaining product approvals, and implementing various business expansion tactics. Moreover, the report presents detailed profiles of firms operating in the wound care market, along with their respective market strategies. Additionally, the study concentrates on prominent industry participants, furnishing details such as company profiles, product offerings, financial updates, and noteworthy advancements.
Wound Care Market Scope
| Report Coverage | Details |
| Market Size in 2023 | USD 23.57 Billion |
| Market Size by 2032 | USD 35.33 Billion |
| Growth Rate from 2023 to 2032 | CAGR of 4.40% |
| Largest Market | North America |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | By Application, By End-use, By Product, and By Mode of Purchase |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Also read: Blood Culture Test Market Size To Reach USD 16.31 Billion by 2032
Major Key Points Covered in Report:
Executive Summary: It includes key trends of the electric vehicle fuel cell market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the electric vehicle fuel cell market based on production and revenue.
Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.
Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the Electric vehicle fuel cell market.
Market Segments: This part of the report discusses product, application and other segments of the electric vehicle fuel cell market based on market share, CAGR, market size, and various other factors.
Research Methodology: This section discusses the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.
Market Key Players
The report incorporates company profiles of key players in the market. These profiles encompass vital information such as product portfolio, key strategies, and a comprehensive SWOT analysis for each player. Additionally, the report presents a matrix illustrating the presence of each prominent player, enabling readers to gain actionable insights. This facilitates a thoughtful assessment of the market status and aids in predicting the level of competition in the wound care market.
Wound Care Market Players
- 3M Company
- Smith & Nephew plc
- Johnson & Johnson
- Mölnlycke Health Care
- Coloplast A/S
- ConvaTec Group plc
- B. Braun Melsungen AG
- Medtronic plc
- Acelity L.P. Inc.
- Integra LifeSciences Corporation
- Ethicon, Inc. (a subsidiary of Johnson & Johnson)
- Derma Sciences, Inc. (acquired by Integra LifeSciences)
- Misonix, Inc.
- Organogenesis Holdings Inc.
- Hollister Incorporated
Segments Covered in the Report
By Application
- Chronic
- Acute
By End-use
- Hospitals
- Specialty Clinics
- Home Healthcare
- Physician’s Office
- Nursing Homes
- Others
By Product
- Advanced Wound Dressing
- Surgical Wound Care
- Traditional Wound Care
- Wound Therapy Devices
By Mode of Purchase
- Prescribed
- Non-prescribed (OTC)
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Table of Content:
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Wound Care Market
5.1. COVID-19 Landscape: Wound Care Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Wound Care Market, By Application
8.1. Wound Care Market, by Application, 2023-2032
8.1.1. Chronic
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Acute
8.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Wound Care Market, By End-use
9.1. Wound Care Market, by End-use, 2023-2032
9.1.1. Hospitals
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Specialty Clinics
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Home Healthcare
9.1.3.1. Market Revenue and Forecast (2020-2032)
9.1.4. Physician’s Office
9.1.4.1. Market Revenue and Forecast (2020-2032)
9.1.5. Nursing Homes
9.1.5.1. Market Revenue and Forecast (2020-2032)
9.1.6. Others
9.1.6.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Wound Care Market, By Product
10.1. Wound Care Market, by Product, 2023-2032
10.1.1. Advanced Wound Dressing
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Surgical Wound Care
10.1.2.1. Market Revenue and Forecast (2020-2032)
10.1.3. Traditional Wound Care
10.1.3.1. Market Revenue and Forecast (2020-2032)
10.1.4. Wound Therapy Devices
10.1.4.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Wound Care Market, By Mode of Purchase
11.1. Wound Care Market, by Mode of Purchase, 2023-2032
11.1.1. Prescribed
11.1.1.1. Market Revenue and Forecast (2020-2032)
11.1.2. Non-prescribed (OTC)
11.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 12. Global Wound Care Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Application (2020-2032)
12.1.2. Market Revenue and Forecast, by End-use (2020-2032)
12.1.3. Market Revenue and Forecast, by Product (2020-2032)
12.1.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Application (2020-2032)
12.1.5.2. Market Revenue and Forecast, by End-use (2020-2032)
12.1.5.3. Market Revenue and Forecast, by Product (2020-2032)
12.1.5.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Application (2020-2032)
12.1.6.2. Market Revenue and Forecast, by End-use (2020-2032)
12.1.6.3. Market Revenue and Forecast, by Product (2020-2032)
12.1.6.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Application (2020-2032)
12.2.2. Market Revenue and Forecast, by End-use (2020-2032)
12.2.3. Market Revenue and Forecast, by Product (2020-2032)
12.2.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Application (2020-2032)
12.2.5.2. Market Revenue and Forecast, by End-use (2020-2032)
12.2.5.3. Market Revenue and Forecast, by Product (2020-2032)
12.2.5.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Application (2020-2032)
12.2.6.2. Market Revenue and Forecast, by End-use (2020-2032)
12.2.6.3. Market Revenue and Forecast, by Product (2020-2032)
12.2.6.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Application (2020-2032)
12.2.7.2. Market Revenue and Forecast, by End-use (2020-2032)
12.2.7.3. Market Revenue and Forecast, by Product (2020-2032)
12.2.7.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Application (2020-2032)
12.2.8.2. Market Revenue and Forecast, by End-use (2020-2032)
12.2.8.3. Market Revenue and Forecast, by Product (2020-2032)
12.2.8.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Application (2020-2032)
12.3.2. Market Revenue and Forecast, by End-use (2020-2032)
12.3.3. Market Revenue and Forecast, by Product (2020-2032)
12.3.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Application (2020-2032)
12.3.5.2. Market Revenue and Forecast, by End-use (2020-2032)
12.3.5.3. Market Revenue and Forecast, by Product (2020-2032)
12.3.5.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Application (2020-2032)
12.3.6.2. Market Revenue and Forecast, by End-use (2020-2032)
12.3.6.3. Market Revenue and Forecast, by Product (2020-2032)
12.3.6.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Application (2020-2032)
12.3.7.2. Market Revenue and Forecast, by End-use (2020-2032)
12.3.7.3. Market Revenue and Forecast, by Product (2020-2032)
12.3.7.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Application (2020-2032)
12.3.8.2. Market Revenue and Forecast, by End-use (2020-2032)
12.3.8.3. Market Revenue and Forecast, by Product (2020-2032)
12.3.8.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Application (2020-2032)
12.4.2. Market Revenue and Forecast, by End-use (2020-2032)
12.4.3. Market Revenue and Forecast, by Product (2020-2032)
12.4.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Application (2020-2032)
12.4.5.2. Market Revenue and Forecast, by End-use (2020-2032)
12.4.5.3. Market Revenue and Forecast, by Product (2020-2032)
12.4.5.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Application (2020-2032)
12.4.6.2. Market Revenue and Forecast, by End-use (2020-2032)
12.4.6.3. Market Revenue and Forecast, by Product (2020-2032)
12.4.6.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Application (2020-2032)
12.4.7.2. Market Revenue and Forecast, by End-use (2020-2032)
12.4.7.3. Market Revenue and Forecast, by Product (2020-2032)
12.4.7.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Application (2020-2032)
12.4.8.2. Market Revenue and Forecast, by End-use (2020-2032)
12.4.8.3. Market Revenue and Forecast, by Product (2020-2032)
12.4.8.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Application (2020-2032)
12.5.2. Market Revenue and Forecast, by End-use (2020-2032)
12.5.3. Market Revenue and Forecast, by Product (2020-2032)
12.5.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Application (2020-2032)
12.5.5.2. Market Revenue and Forecast, by End-use (2020-2032)
12.5.5.3. Market Revenue and Forecast, by Product (2020-2032)
12.5.5.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Application (2020-2032)
12.5.6.2. Market Revenue and Forecast, by End-use (2020-2032)
12.5.6.3. Market Revenue and Forecast, by Product (2020-2032)
12.5.6.4. Market Revenue and Forecast, by Mode of Purchase (2020-2032)
Chapter 13. Company Profiles
13.1. 3M Company
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Smith & Nephew plc
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Johnson & Johnson
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Mölnlycke Health Care
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Coloplast A/S
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. ConvaTec Group plc
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. B. Braun Melsungen AG
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Medtronic plc
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Acelity L.P. Inc.
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Integra LifeSciences Corporation
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
Why should you invest in this report?
This report presents a compelling investment opportunity for those interested in the global wound care market. It serves as an extensive and informative guide, offering clear insights into this niche market. By delving into the report, you will gain a comprehensive understanding of the various major application areas for wound care. Furthermore, it provides crucial information about the key regions worldwide that are expected to experience substantial growth within the forecast period of 2023-2030. Armed with this knowledge, you can strategically plan your market entry approaches.
Moreover, this report offers a deep analysis of the competitive landscape, equipping you with valuable insights into the level of competition prevalent in this highly competitive market. If you are already an established player, it will enable you to assess the strategies employed by your competitors, allowing you to stay ahead as market leaders. For newcomers entering this market, the extensive data provided in this report is invaluable, providing a solid foundation for informed decision-making.
Some of the key questions answered in this report:
- What is the size of the overall Wound care market and its segments?
- What are the key segments and sub-segments in the market?
- What are the key drivers, restraints, opportunities and challenges of the Wound care market and how they are expected to impact the market?
- What are the attractive investment opportunities within the Wound care market?
- What is the Wound care market size at the regional and country-level?
- Who are the key market players and their key competitors?
- What are the strategies for growth adopted by the key players in Wound care market?
- What are the recent trends in Wound care market? (M&A, partnerships, new product developments, expansions)?
- What are the challenges to the Wound care market growth?
- What are the key market trends impacting the growth of Wound care market?
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