Advanced Wound Care Market Size, Share, By Product Type (Moist Wound Dressings, Wound Therapy Devices, Active Wound Care, and Others), Wound Type (Surgical, Traumatic, Ulcers, Burns, and Others), Application (Chronic Wounds and Acute Wounds), End-User (Hospitals, Home Care Settings, and Others), and Region - Trends, Analysis, and Forecast till 2035

• By 2035, the advanced wound care market share is projected to touch USD 33.5 Billion.
• The advanced wound care size was calculated to be USD 13.5 Billion by 2024.
• The target market is developing at a CAGR of 9.6%.

Advanced wound care is a specialty approach to wound treatment that uses cutting-edge technologies and therapies beyond standard wound care practices. It is usually used when traditional methods are ineffective in healing complex or chronic wounds with the goal of minimizing complications and accelerating healing.

The rising prevalence of chronic diseases, rising aging population, technological advancements, increasing number of surgical procedures, new product launches and approvals from key market players, emerging economies of various countries, increasing consumer preference, a well-developed healthcare infrastructure, and a rise in the healthcare expenditure, are certain factors that boost the advanced wound care market growth. Moreover, advanced wound care helps in faster healing, reduces the risk of infection, improves scar quality, provides better patient comfort, and enhances tissue regeneration, further contributing to the market expansion.

Impact of AI on the Advanced Wound Care Market:

In essence, artificial intelligence (AI) is offering a more data-driven approach to wound management. AI is having a significant impact on the advanced wound care market by enabling more accurate wound assessment through image analysis, predicting healing rates, facilitating remote monitoring, optimizing treatment plans, and potentially leading to faster healing times and improved patient outcomes, especially for chronic wounds, such as diabetic foot ulcers.

Key Drivers of Target Market:

Increasing Number of Surgical Procedures Influences the Market Growth

Every surgery creates a potential wound site that may require specialized management to prevent complications, promote healing, and reduce infection risks; in other words, more surgeries mean more potential wounds that require advanced wound care products to manage it effectively. As a result, the demand for products of advanced wound care is growing at a significant rate globally.

• For instance, in June 2024, the International Society of Aesthetic Plastic Surgery (ISAPS) released the results of its annual Global Survey on Aesthetic/Cosmetic Procedures at the ISAPS World Congress in Cartagena, showing a higher increase of 5.5% in surgical procedures, with more than 15.8 million procedures performed by plastic surgeons and 19.1 non-surgical procedures. Over the last four years, the overall increase is 40%.

Restraints:

Lack of Awareness and Training among Healthcare Professionals about Latest Wound Care Technologies is Obstructing the Market Expansion

The lack of knowledge and training among medical professionals about the newest wound care technology is a significant obstacle in the market for advanced wound care. Particularly in rural or impoverished areas, this results in poor treatment decisions, postponed healing, and inappropriate product use. Furthermore, poorer adoption rates may result from patients' incomplete understanding of the advantages of these cutting-edge technologies. Wider distribution of clinical recommendations, seminars, and focused educational initiatives are needed to close these gaps.

• Counterbalance Statements: Conducting continuous medical education (CME) programs and workshops to train healthcare providers on advanced wound care solutions. Additionally, driving public awareness campaigns and patient education initiatives can also enhance understanding and adoption, thus preventing the advanced wound care market obstruction.

Opportunities:

Incorporating Advanced Technologies with Advanced Wound Care Opens Up Growth Opportunities in the Upcoming Years

In order to improve patient outcomes and increase demand for the advanced wound care market, advanced technologies, such as bioactive and antimicrobial dressings, nanotechnology-based wound care products, negative pressure wound therapy (NPWT), 3D printing, and bioengineered skin grafts are enabling faster and more effective wound healing, lowering the risk of infection, and offering better treatment options for complex chronic wounds.

• For instance, in October 2024, Royal Wound-X, a division of Royal Biologics, launched two cutting-edge wound care, the Peak Powder Collagen Matrix and the ElectroFiber 3D. Peak Powder and ElectroFiber 3D represented new and innovative technologies that were launched to expand the company’s portfolio on advanced wound care. These unique technologies combined natural healing properties with cutting-edge science to provide a faster, more effective healing solution for patients.

The advanced wound care market is segmented into product type, wound type, end-user, and region.

Product

Based on product, the market is trifurcated into moist wound dressings, wound therapy devices, and active wound care. The wound therapy devices segment holds the largest market due to continuous technological improvements and its efficiency, especially in managing elderly patients, chronic wound treatment is preferred by both patients and healthcare practitioners.

• For instance, in September 2024, Solventum announced the launch of the V.A.C. Peel and Place Dressing, an integrated wound dressing and drape that could be applied in less than two minutes and worn by patients for up to seven days. This was an all-in-one dressing and drape design that simplified application and reduced the time and training required for dressing application and changes.

Wound Type

By wound type, the market is catalogued into surgical, traumatic, ulcers, burns, and others. The surgical wounds is attributed to dominate the advanced wound care market share since there is a great need for efficient wound management solutions due to the large number of surgical procedures carried out worldwide, particularly when taking into account complications such surgical site infections (SSIs), which need for sophisticated dressings and equipment for the best possible recovery.

Application

According to application, the market is bifurcated into chronic wounds and acute wounds. The chronic wounds segment is expected to lead the market due to a rapid rise in the number of people with chronic conditions, such as, diabetic foot ulcers and pressure ulcer, which in turn requires ongoing, specialized care and advanced wound care solutions.

• For instance, in January 2024, Amrita Hospital, in a significant stride towards comprehensive patient care, inaugurated the state-of-the-art Advanced Wound Care Services. This hospital had special expertise in treating chronic wounds such as, diabetic foot ulcer, venous leg ulcers, and other chronic wounds. To address the needs for chronic wounds the hospital brought together experts from nine different departments to form a dedicated Wound Care Board.

End-User

Under end-user, the market is divided into hospitals, home care settings, and others. The hospitals segment is projected to lead the market as it is the preferred choice for patients with complex wounds as hospitals and clinics have advanced infrastructure, specialist expertise, and a variety of treatment options.

• For instance, in November 2023, Fortis Healthcare partnered with Mölnlycke Healthcare India, to launch an essential educational initiative in recognition of Stop Pressure Injury Day, observed on the third Thursday of November every year (November 20th this year). The initiative supported educational and training programs centered on best practices in advanced wound care.

Region

Geographically, the market is studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

North America: This is the region influencing the advanced wound care market with an estimated share of around 45.2%. This is due to its well-developed healthcare infrastructure, high healthcare spending, a large population of chronic wound patients, and a significant number of surgical procedures.

• For instance, in November 2024, Imbed Biosciences announced the U.S. Food and Drug Administration 510(k) clearance to market Microlyte Ag/Lidocaine, the first antimicrobial wound dressing to integrate lidocaine for the management of painful skin wounds. Microlyte Ag/Lidocaine was indicated for the management of a variety of partial- and full-thickness wounds under the supervision of a healthcare professional, including venous stasis ulcers, pressure sores, ischemic ulcers, partial-thickness burns, donor site wounds, surgical wounds, post-surgical incisions, abrasions, and lacerations.

Europe: This is the region with the market growing with the highest CAGR, during the forecast period. This is due to its rapidly aging population, high prevalence of chronic diseases such as diabetes leading to increased chronic cases, robust healthcare infrastructure, good reimbursement systems for advanced wound care, and a strong focus on innovation.

• For instance, in June 2022, NATROX Wound Care expanded into the digital arena with the launch of its new offering, NATROX IQ. The advanced wound hub was a digital app designed specifically for wound care teams to help manage caseloads more effectively. Clinicians could achieve consistency when capturing and documenting patient wound data.

Advanced Wound Care Market Report Scope:

Segmentation:

By Product Type:

• Moist Wound Dressings
  • Foam Dressing
  • Hydrocolloid Dressing
  • Film Dressing
  • Alginate Dressings
  • Hydrogel Dressings
  • Collagen Dressing
  • Others
• Wound Therapy Devices
  • Pressure Relief Devices
  • Negative Pressure Wound Therapy Systems
  • Hyperbaric Oxygen Equipment
  • Electrical Stimulation Devices
• Active Wound Care
  • Artificial Skin and Substitutes
  • Topical Agents
• Others

By Wound Type:

• Surgical
• Traumatic
• Ulcers
• Burns
• Others

By Application:

• Chronic Wounds
  • Diabetic Foot Ulcers
  • Pressure Ulcers
  • Venous Leg Ulcers
  • Others
• Acute Wounds
  • Surgical & Traumatic Wounds
  • Burns
  • Others

By End User:

• Hospitals
• Home Care Settings
• Others

By Region:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • U.K.
  • France
  • Russia
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • Indonesia
  • Malaysia
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of the Middle East & Africa

The companies operating in the advanced wound care market are Convatec Inc., Smith+Nephew, Medline Industries, LP, Solventum, Mölnlycke Health Care AB, and others. The key players are adopting strategies such as focusing on developing innovative wound dressing features, targeted marketing toward healthcare professionals, establishing strong distribution networks within hospitals, and prioritizing research and development, for the diversification of the market.

Advanced Wound Care Market Companies:

• Convatec Inc.
• Medline Industries, LP
• Solventum
• Mölnlycke Health Care AB
• 3M
• Coloplast
• B. Braun SE
• Smith+Nephew
• Integra LifeSciences Corporation
• Medical Device Business Services, Inc.
• Medtronic
• Axio Biosolutions Pvt Ltd
• Cardinal Health

View an Additional List of Companies in the Advanced Wound Care Market

• In October 2024, Mölnlycke Health Care, a world leading MedTech company, specialising in wound care and wound management announced a research collaboration with Transdiagen (TDG), a precision medicine company developing drugs and diagnostics for chronic wound healing and tissue regeneration. The collaboration aimed to use TDG’s novel wound gene signatures to explore Mölnlycke products further.
• In July 2022, Smith+Nephew, the global medical technology company, announced the launch of the WOUND COMPASS Clinical Support App. The WOUND COMPASS Clinical Support App was a comprehensive digital support tool for health care professionals that aided wound assessment, advanced wound care and decision-making to help reduce practice variation.

Analyst View:

Some of the factors driving the growth of the advanced wound care market include the following: rising rates of chronic diseases, an aging population, technological advancements, an increase in the number of surgical procedures, new product launches and approvals from major market players, emerging economies of various countries, rising consumer preferences, a well-developed healthcare infrastructure, and an increase in healthcare expenditure.

More Related Reports

Advanced (3d/4d) Visualization Systems Market
Canada Advanced Wound Dressing Market
Advanced Phase Change Material Market
Wound Care Biologics Market
Asia Pacific Wound Care Market