Chronic Wound Care Market in 10MM – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)
Publication ⇒Dec-23 Delivery Time ⇒ 5-7 Business Days Report Code ⇒PBCHC238-10M-OT
License Type (Price in USD)
Chronic Wound Care Market – Report Overview
Pacific Business Consulting’s “Chronic Wound Care Market in 10MM – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)” report offers a comprehensive understanding of Chronic Wound Care, encompassing historical and projected market size data, along with market trends, market drivers, market barriers and unmet medical needs in the Ten Major Markets (10MM) of the United States, Germany, Spain, Italy, France, the United Kingdom, Japan, China, Australia, and India.
In 2022, the global market for chronic wound care reached a valuation of US$ 12.4 Billion, and it is projected to experience a compound annual growth rate (CAGR) of nearly 3% from 2023 to 2030, reaching US$ 13.7 Billion. The surge in chronic wounds worldwide is expected due to the increasing incidence of chronic diseases like diabetes, cancer, and autoimmune disorders. Factors such as antimicrobial resistance, sedentary lifestyles, and the consumption of tobacco and alcohol contribute to the rise in non-communicable diseases. For instance, the CDC’s 2020 National Diabetes Statistics report indicated that around 34.2 million people, approximately 10.5% of the total population, have diabetes.
The prevalence of obesity is another significant factor driving market growth, as it is linked to chronic wounds and lower extremity amputations. Obese individuals face a higher risk of pressure ulcers due to reduced vascular activity in adipose tissue. The inability of these patients to reposition themselves in bed increases the likelihood of pressure-related injuries, and their skin folds create favorable conditions for microorganisms, leading to ulcer formation. This, in turn, is expected to fuel demand for chronic wound care products.
Market growth is further driven by challenges posed by an aging population, inefficiencies in conventional wound healing techniques, government initiatives, and a growing demand for faster and more effective chronic wound treatment. The rise in global surgical volume, particularly in hip and knee replacement surgeries, contributes to continual wound drainage. Ongoing technological advancements in wound care products, increased awareness among healthcare professionals and patients about the benefits of advanced wound care, and the expanding field of regenerative medicine also play pivotal roles in offering novel therapeutic approaches.
Key players in this segment include Johnson & Johnson, ConvaTec Group PLC, Derma Sciences (Integra LifeSciences), Baxter International, Coloplast Corp., 3M, Medline Industries, Inc., Mölnlycke Health Care AB, Paul Hartmann AG, and Smith & Nephew PLC.
Scope of Report
The report addresses critical subjects such as strategic competitor evaluation, market characterization, unmet needs, and the consequences of these elements for the Chronic Wound Care market. It also delves into the analysis of present and prospective market competition within the global Chronic Wound Care market.
Furthermore, the report offers an insightful examination of the primary industry drivers, constraints, and challenges. Each trend undergoes independent research to furnish qualitative analysis regarding its implications.
Reasons to Buy
- Develop your business strategies by gaining insights into the trends that shape and drive the Chronic Wound Care market across the 10MM (Ten Major Markets).
- Increase revenue by comprehending key trends, innovative products and technologies, market segments, and companies poised to influence the future of the 10MM Chronic Wound Care market.
- Craft effective sales and marketing strategies by thoroughly understanding the competitive landscape and analyzing the performance of various competitors.
- Identify emerging players with potentially robust product portfolios and devise strategic counter-strategies to gain a competitive advantage.
- Optimize your sales and marketing efforts by pinpointing market categories and segments that offer the greatest opportunities for consolidations, investments, and strategic partnerships.
- Executive Summary: Chronic Wound Care
- Global Market Outlook: Chronic Wound Care
- Competitive Intelligence Analysis: Chronic Wound Care
- Therapeutic Sector SWOT
- Technology Roadmap Analysis: Chronic Wound Care
- Market Background
- Drivers
- Restraints
- Opportunity
- Key Market Trends
- Key Unmet Needs
- Key Marketed Products Profile – Major Approved Products: Chronic Wound Care
- Product Profile
- Safety and Efficacy
- Regulatory Landscape
- Chronic Wound Care: Ten Major Market (10MM) – Market Analysis, By Product
- Advanced Wound Dressing
- Foam Dressing
- Hydrocolloid Dressing
- Film Dressing
- Alginate Dressing
- Hydrogel Dressing
- Collagen Dressing
- Other Dressing
- Surgical Wound Care
- Suture & Staples
- Tissue Adhesive & Sealants
- Anti-infective Dressing
- Traditional Wound Care
- Medical Tapes
- Cleansing Agents
- Others
- Wound Therapy Devices
- Negative Pressure Wound Therapy
- Oxygen and Hyperbaric Oxygen Equipment
- Electric Stimulation Devices
- Pressure Relief Devices
- Others
- Advanced Wound Dressing
- Chronic Wound Care: Ten Major Market (10MM) – Market Analysis, By Application
- Diabetic Foot Ulcers
- Pressure Ulcers
- Venous Leg Ulcers
- Others
- Chronic Wound Care: Ten Major Market (10MM) – Market Analysis, By End User
- Hospitals
- Clinics
- Home Healthcare
- Other End Users
- Chronic Wound Care: Ten Major Market (10MM) – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- S. Chronic Wound Care – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- K. Chronic Wound Care – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- Germany Chronic Wound Care – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- France Chronic Wound Care – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- Italy Chronic Wound Care – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- Spain Chronic Wound Care – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- Japan Chronic Wound Care – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- China Chronic Wound Care – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- Australia Chronic Wound Care – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- India Chronic Wound Care – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Application
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Application
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- Competitive Landscape
- Company Overview
- Product Portfolio
- Key Financials
- Sales Footprint
Note – All Major Company Profiles (Count up to 20) will be covered in the report
- Assumptions and Acronyms Used
- Research Methodology
- Secondary Research
- Primary Research
- Data Triangulation
- Geographic Scope
- The U.S., The U.K., Germany, France, Italy, Spain, Japan, China, Australia, and India
- Copyrights and Disclaimer
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