Market Overview:
The global wound care products market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of chronic wounds, technological advancements in wound care products, and rising demand for advanced wound care products. Based on type, the global wound care products market is segmented into collagen products, antimicrobial dressings, foam dressings, hydrocolloids dressings film dressings,, hydrogels,, and alginate dressings. The collagen product segment is expected to grow at a CAGR of 6% during the forecast period from 2018 to 2030. This growth can be attributed to the increasing use of collagen-based wound dressing materials for treating various types of wounds such as acute wounds and surgical wounds. Based on application, the global wound care product market is divided into acute wounds,, chronic wounds,, surgicalwounds.,and other applications such as pressure ulcers,.burns,.and diabetic foot ulcers.
Product Definition:
Wound care products are used to clean and protect wounds. They can include ointments, gels, bandages, and pads. These products help keep the wound clean and free from infection while also promoting healing.
Collagen Products:
Collagen is a major protein in the human body that provides support and protection to the skin, bones, and other tissues. The products derived from collagen include various types of topical creams & ointments used for wound care treatment. It also helps in reducing inflammation & swelling along with promoting wound healing process.
The global collagen products market was valued at USD 2 billion in 2015.
Antimicrobial Dressings:
Antimicrobial dressings are used for treating chronic wounds, minor burns and surgical incisions. The antimicrobial properties of these products help in protecting the wound from further infections. These can be made using hydrocolloid, alginate or film-forming materials. They also keep the wound dry and reduce its swelling.
Application Insights:
The acute wound segment dominated the global market in 2017. The segment is anticipated to witness significant growth over the forecast period owing to rising cases of burns and trauma across all regions. According to WHO, around 60% of acute wounds are caused by accidents or violence while 40% are due to healthcare related issues such as surgical errors or equipment failure.
Chronic wounds comprise diabetic foot ulcers, venous leg ulcers, and others which occur due to prolonged exposure of skin tissues with no healing process for a certain period. Prolonged immobility increases the risk of developing chronic wounds due primarily not only lack of movement but also increased exposure resulting in less activity where bacteria can be cultured from skin lesions thus creating an environment that promotes bacterial growth leading ultimately to chronic wound formation.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure, high patient awareness levels coupled with relatively higher healthcare spending levels in this region. Moreover, increasing incidence of sports injuries and road accidents are also expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising disposable income leading to an increase in consumer preference for premium products. Furthermore, growing medical tourism industry due to low cost of treatment is also expected boost demand for wound care products over next eight years. Increasing incidence of chronic wounds such as diabetic foot ulcer and pressure sores among geriatric population is further fueling growth across this region.
Growth Factors:
- Increasing incidence of chronic wounds: The global wound care products market is expected to grow at a CAGR of 5.8% from 2016 to 2021, owing to the increasing incidence of chronic wounds such as venous leg ulcers, pressure ulcers, and diabetic foot ulcers.
- Rising demand for advanced wound care products: The demand for advanced wound care products such as foam dressings, hydrocolloid dressings, and alginate dressings is rising due to their superior properties such as absorbency, moisture retention capacity, and antimicrobial activity.
- Growing geriatric population: The global population aged 65 years or above is expected to reach 1 billion by 2030, which will drive the demand for wound care products in this segment.
- Increasing awareness about wound care: There has been a rise in the awareness about proper wound management among consumers in recent years due to initiatives taken by various healthcare organizations worldwide. This is likely to boost the growth of the global market for wound care products over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wound Care Products Market Research Report
By Type
Collagen Products, Antimicrobial Dressings, Foam Dressings, Hydrocolloids, Film Dressings, Hydrogels, Alginate Dressings
By Application
Acute Wounds, Chronic Wounds, Surgical Wounds, Other
By Companies
3M Health Care (U.S.), Acelity L.P., Inc. (U.S.), Smith and Nephew Plc. (U.K), Integra Lifesciences Corporation (U.S.), Molnlycke Health Care (Sweden), ConvaTec, Inc. (U.S.), Coloplast Corp. (Denmark), Organogenesis Inc. (U.S.), Medline Industries, Inc. (U.S.), MPM Medical, Inc. (U.S.), 3M Health Care (U.S.)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Wound Care Products Market Report Segments:
The global Wound Care Products market is segmented on the basis of:
Types
Collagen Products, Antimicrobial Dressings, Foam Dressings, Hydrocolloids, Film Dressings, Hydrogels, Alginate Dressings
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Acute Wounds, Chronic Wounds, Surgical Wounds, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 3M Health Care (U.S.)
- Acelity L.P., Inc. (U.S.)
- Smith and Nephew Plc. (U.K)
- Integra Lifesciences Corporation (U.S.)
- Molnlycke Health Care (Sweden)
- ConvaTec, Inc. (U.S.)
- Coloplast Corp. (Denmark)
- Organogenesis Inc. (U.S.)
- Medline Industries, Inc. (U.S.)
- MPM Medical, Inc. (U.S.)
- 3M Health Care (U.S.)
Highlights of The Wound Care Products Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Collagen Products
- Antimicrobial Dressings
- Foam Dressings
- Hydrocolloids
- Film Dressings
- Hydrogels
- Alginate Dressings
- By Application:
- Acute Wounds
- Chronic Wounds
- Surgical Wounds
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wound Care Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
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- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Wound care products are items that are used to help heal wounds. They can include ointments, creams, bandages, and other medical supplies.
Some of the major companies in the wound care products market are 3M Health Care (U.S.), Acelity L.P., Inc. (U.S.), Smith and Nephew Plc. (U.K), Integra Lifesciences Corporation (U.S.), Molnlycke Health Care (Sweden), ConvaTec, Inc. (U.S.), Coloplast Corp. (Denmark), Organogenesis Inc. (U.S.), Medline Industries, Inc. (U.S.), MPM Medical, Inc. (U.S.), 3M Health Care (U.S.).
The wound care products market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wound Care Products Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Wound Care Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wound Care Products Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Wound Care Products Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Wound Care Products Market Size & Forecast, 2018-2028
4.5.1 Wound Care Products Market Size and Y-o-Y Growth
4.5.2 Wound Care Products Market Absolute $ Opportunity
Chapter 5 Global Wound Care Products Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Wound Care Products Market Size Forecast by Type
5.2.1 Collagen Products
5.2.2 Antimicrobial Dressings
5.2.3 Foam Dressings
5.2.4 Hydrocolloids
5.2.5 Film Dressings
5.2.6 Hydrogels
5.2.7 Alginate Dressings
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wound Care Products Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Wound Care Products Market Size Forecast by Applications
6.2.1 Acute Wounds
6.2.2 Chronic Wounds
6.2.3 Surgical Wounds
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wound Care Products Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Wound Care Products Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Wound Care Products Analysis and Forecast
9.1 Introduction
9.2 North America Wound Care Products Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Wound Care Products Market Size Forecast by Type
9.6.1 Collagen Products
9.6.2 Antimicrobial Dressings
9.6.3 Foam Dressings
9.6.4 Hydrocolloids
9.6.5 Film Dressings
9.6.6 Hydrogels
9.6.7 Alginate Dressings
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Wound Care Products Market Size Forecast by Applications
9.10.1 Acute Wounds
9.10.2 Chronic Wounds
9.10.3 Surgical Wounds
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Wound Care Products Analysis and Forecast
10.1 Introduction
10.2 Europe Wound Care Products Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Wound Care Products Market Size Forecast by Type
10.6.1 Collagen Products
10.6.2 Antimicrobial Dressings
10.6.3 Foam Dressings
10.6.4 Hydrocolloids
10.6.5 Film Dressings
10.6.6 Hydrogels
10.6.7 Alginate Dressings
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Wound Care Products Market Size Forecast by Applications
10.10.1 Acute Wounds
10.10.2 Chronic Wounds
10.10.3 Surgical Wounds
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Wound Care Products Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wound Care Products Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Wound Care Products Market Size Forecast by Type
11.6.1 Collagen Products
11.6.2 Antimicrobial Dressings
11.6.3 Foam Dressings
11.6.4 Hydrocolloids
11.6.5 Film Dressings
11.6.6 Hydrogels
11.6.7 Alginate Dressings
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Wound Care Products Market Size Forecast by Applications
11.10.1 Acute Wounds
11.10.2 Chronic Wounds
11.10.3 Surgical Wounds
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Wound Care Products Analysis and Forecast
12.1 Introduction
12.2 Latin America Wound Care Products Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Wound Care Products Market Size Forecast by Type
12.6.1 Collagen Products
12.6.2 Antimicrobial Dressings
12.6.3 Foam Dressings
12.6.4 Hydrocolloids
12.6.5 Film Dressings
12.6.6 Hydrogels
12.6.7 Alginate Dressings
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Wound Care Products Market Size Forecast by Applications
12.10.1 Acute Wounds
12.10.2 Chronic Wounds
12.10.3 Surgical Wounds
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Wound Care Products Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wound Care Products Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Wound Care Products Market Size Forecast by Type
13.6.1 Collagen Products
13.6.2 Antimicrobial Dressings
13.6.3 Foam Dressings
13.6.4 Hydrocolloids
13.6.5 Film Dressings
13.6.6 Hydrogels
13.6.7 Alginate Dressings
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Wound Care Products Market Size Forecast by Applications
13.10.1 Acute Wounds
13.10.2 Chronic Wounds
13.10.3 Surgical Wounds
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Wound Care Products Market: Competitive Dashboard
14.2 Global Wound Care Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M Health Care (U.S.)
14.3.2 Acelity L.P., Inc. (U.S.)
14.3.3 Smith and Nephew Plc. (U.K)
14.3.4 Integra Lifesciences Corporation (U.S.)
14.3.5 Molnlycke Health Care (Sweden)
14.3.6 ConvaTec, Inc. (U.S.)
14.3.7 Coloplast Corp. (Denmark)
14.3.8 Organogenesis Inc. (U.S.)
14.3.9 Medline Industries, Inc. (U.S.)
14.3.10 MPM Medical, Inc. (U.S.)
14.3.11 3M Health Care (U.S.)
