Global Active Wound Care market trends 2024, Forecast To 2033
27 Feb, 2024
The active wound care market size has grown strongly in recent years. It will grow from $1.44 billion in 2023 to$1.55 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to increasing incidence of chronic wounds, rise in surgical procedures, prevalence of diabetes, patient preference for non-invasive treatments, government initiatives for wound care, awareness programs on wound management, growing focus on home healthcare. The active wound care market size is expected to see strong growth in the next few years. It will grow to $2.09 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to global initiatives for wound healing, increasing geriatric population, personalized medicine approaches, demand for faster healing solutions, wound care in developing countries. Major trends in the forecast period include advanced wound dressings adoption, technological innovations in wound care products, bioactive and biodegradable materials, telemedicine and remote patient monitoring, economic considerations and cost-effective solutions.
Global Active Wound Care Market Key Driver
The active wound care market is anticipated to burgeon owing to the increasing number of diabetic patients globally. Diabetes, characterized by excessively high blood glucose, leads to sores and ulcers, elevating infection risks and severe complications. Active wound care involves a strategic approach to healing wounds through various solutions and treatments, intensifying the demand for such interventions. For instance, the IDF's report indicates that 537 million adults aged 20–79 had diabetes in December 2021, a number expected to climb to 643 million by 2030 and 783 million by 2045. Moreover, diabetes claimed 6.7 million lives in 2021. Consequently, the rising diabetic populace and associated mortalities are poised to propel the active wound care market, reflecting its 2023, 2024, and 2028 market sizes.
Get A Free Sample Of The Global Active Wound Care Market ReportGlobal Active Wound Care Market Segments
The global active wound care market covered in this report is segmented –
1) By Product: Biomaterials, Skin-substitutes, Synthetic Skin-substitute, Growth Factors
2) By Indications: Burns, Diabetic Foot Ulcers, Pressure Ulcers, Lower Limb Ulcers
3) By Application: Chronic Wounds, Acute Wounds
4) By End-User: Hospitals, Clinics, Home Care Settings, Other End-users
By Geography: The regions covered in the active wound care market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa.
North America was the largest region in the active wound care market in 2023. The regions covered in the active wound care market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major Active Wound Care Industry Players
Smith & Nephew PLC, MiMedx Group Inc., Tissue Regenix Group, Organogenesis Inc., Acell Inc., Integra Life Sciences Holdings Corporation, Solsys Medical LLC, Osiris Therapeutics Inc., Cytori Therapeutics Inc., Human BioSciences Inc., Wright Medical Group NV, Mölnlycke Health Care AB, Medline Industries Inc., AVITA Medical Inc., ConvaTec Inc., Stryker Corporation, 3M Company, Acelity L.P. Inc., B. Braun Melsungen AG, BSN Medical GmbH, Cardinal Health Inc., Celularity Inc., Coloplast A/S, Generex Biotechnology Corp., Hill-Rom Holdings Inc., Hollister Incorporated, Johnson & Johnson Inc., Lohmann & Rauscher GmbH & Co. Kg, Medtronic PLC, PAUL HARTMANN AG, Adynxx Inc., Derma sciences Inc., Baxter International Inc., Axio Biosolutions
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Active Wound Care Market Overview
The active wound care refers to a procedure to remove devitalized and necrotic tissue to promote healing. Active wound-care products include specialized dressings such as films, foams, and hydrogels that provide a physical barrier against infection. Its purpose is to debride damaged skin tissues, control infection and pain, and stimulate new tissue growth.
Active Wound Care Global Market Report 2023 provides data on the global active wound care market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The active wound care market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.