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Australia And New Zealand Wound Care Market Size, Share & Trends Analysis Report By Product (Advanced, Traditional), By Application, By End Use, By Mode Of Purchase, By Distribution Channel, By Region, And Segment Forecasts, 2024 - 2030

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    Report

  • 75 Pages
  • August 2024
  • Region: Australia, New Zealand
  • Grand View Research
  • ID: 5999075
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Australia And New Zealand Wound Care Market Growth & Trends

The Australia and New Zealand wound care market size is anticipated to reach USD 820.17 million by 2030, expanding at a CAGR of 5.3% from 2024 to 2030. It encompasses a variety of products, services, and practices aimed at promoting effective healing for various types of wounds.

Healthcare expenditures continue to rise in Australia and New Zealand (ANZ), and introducing innovative wound care solutions leads to increased investment in advanced wound management technologies. This ultimately benefits patients who require effective treatment for chronic and complex wounds. For instance, in September 2023, MiMedx Group, Inc. introduced EPIEFFECT as the latest addition to its range of advanced wound care products.

The growing elderly population in ANZ countries drives increased demand for advanced wound care products and services tailored to the unique needs of aging patients. Healthcare providers and policymakers must prioritize investing in innovative wound management solutions to address the challenges this aging demographic trend poses effectively.

Australia And New Zealand Wound Care Market Report Highlights

  • Based on product, the advanced wound dressing category commands the largest share of revenue within the product segment of the market. This dominance is primarily attributed to several critical factors. There is a rising incidence of chronic wounds, including diabetic ulcers and pressure sores
  • Based on application, the chronic wound segment dominated the market, accounting for 60.0% of revenue share owing to the advancements in wound care technologies, including bioengineered tissues, negative pressure wound therapy (NPWT), and antimicrobial dressings, which have revolutionized the treatment landscape for chronic wounds. These innovations enhance healing rates and improve patient outcomes and quality of life
  • Based on end use, the hospital segment is dominant due to the rising geriatric population in ANZ is leading to an increase in age-related health issues that often require extensive wound care management
  • Based on the mode of purchase, in 2023, the prescribed segment led the market, with a 62.7% share. This dominance is driven by an increasing reliance on healthcare professionals for wound management, as prescribed products are often tailored to meet the specific needs of patients with various wound types
  • Based on distribution channel, institutional sales held the largest revenue share in the market. By targeting institutional buyers, wound care companies can streamline their distribution channels, ensure proper storage and handling of their products, and provide targeted training and support to healthcare professionals

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players worldwide.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listing for you to stay ahead of the curve
  • COVID-19's impact and how to sustain in these fast-evolving markets


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Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Segment Definitions
1.2.1. Product
1.2.2. Application
1.2.3. End Use
1.2.4. Mode of Purchase
1.2.5. Distribution Channel
1.2.6. Estimates and forecasts timeline
1.3. Research Methodology
1.4. Information Procurement
1.4.1. Purchased database
1.4.2. internal database
1.4.3. Secondary sources
1.4.4. Primary research
1.5. Information or Data Analysis
1.5.1. Data analysis models
1.6. Market Formulation & Validation
1.7. Model Details
1.7.1. Commodity flow analysis (Model 1)
1.7.2. Volume price analysis (Model 2)
1.8. List of Secondary Sources
1.9. List of Primary Sources
1.10. Objectives
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Product Outlook
2.2.2. Application Outlook
2.2.3. End Use Outlook
2.2.4. Mode of Purchase Outlook
2.2.5. Distribution Channel Outlook
2.3. Competitive Insights
Chapter 3. Australia & New Zealand Wound Care Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent market outlook
3.1.2. Related/ancillary market outlook
3.2. Market Dynamics
3.2.1. Market driver analysis
3.2.1.1. Increasing prevalence of chronic diseases and conditions affecting wound healing capabilities
3.2.1.2. Rising incidence of burn injuries
3.2.1.3. Introduction of innovative and advanced wound products
3.2.1.4. Rising geriatric population
3.2.1.5. Increasing number of ambulatory surgical centers (ASCs)
3.2.1.6. Increasing number of road accidents
3.2.1.7. Steep rise in the number of hospitals & urgent care centers and an increase in hospital admissions
3.2.2. Market restraint analysis
3.2.2.1. Stringent manufacturing policies
3.2.2.2. High cost of advanced wound care products and chronic wound treatments
3.2.2.3. Delayed diagnosis and lower treatment rates in emerging nations
3.3. Australia & New Zealand Wound Care Market Analysis Tools
3.3.1. Industry Analysis - Porter’s
3.3.1.1. Supplier power
3.3.1.2. Buyer power
3.3.1.3. Substitution threat
3.3.1.4. Threat of new entrant
3.3.1.5. Competitive rivalry
3.3.2. PESTEL Analysis
3.3.2.1. Political landscape
3.3.2.2. Technological landscape
3.3.2.3. Economic landscape
Chapter 4. Australia & New Zealand Wound Care Market: Product Estimates & Trend Analysis
4.1. Australia & New Zealand Wound Care Market: Product Dashboard
4.2. Australia & New Zealand Wound Care Market: Product Movement Analysis
4.3. Australia & New Zealand Wound Care Market by Product, Revenue
4.4. Advanced Wound Dressing
4.4.1. Advanced wound dressing market estimates and forecasts 2018 to 2030 (USD Million)
4.4.2. Foam Dressings
4.4.2.1. Foam Dressings market estimates and forecasts 2018 to 2030 (USD Million)
4.4.3. Hydrocolloid Dressings
4.4.3.1. Hydrocolloid Dressings market estimates and forecasts 2018 to 2030 (USD Million)
4.4.4. Film Dressings
4.4.4.1. Film Dressings market estimates and forecasts 2018 to 2030 (USD Million)
4.4.5. Alginate Dressings
4.4.5.1. Alginate Dressings market estimates and forecasts 2018 to 2030 (USD Million)
4.4.6. Hydrogel Dressings
4.4.6.1. Hydrogel Dressings market estimates and forecasts 2018 to 2030 (USD Million)
4.4.7. Collagen Dressings
4.4.7.1. Collagen Dressings market estimates and forecasts 2018 to 2030 (USD Million)
4.4.8. Other Advanced Dressings
4.4.8.1. Other Advanced Dressings market estimates and forecasts 2018 to 2030 (USD Million)
4.5. Surgical Wound Care
4.5.1. Surgical wound care market estimates and forecasts 2018 to 2030 (USD Million)
4.5.2. Sutures & Staples
4.5.3. Sutures & Staples
4.5.4. Tissue Adhesives and Sealants
4.5.5. Tissue Adhesives and Sealants
4.5.6. Anti-infective Dressing
4.5.7. Anti-infective Dressing
4.6. Traditional Wound Care
4.6.1. Traditional wound care market estimates and forecasts 2018 to 2030 (USD Million)
4.6.2. Medical Tapes
4.6.2.1. Medical Tapes market estimates and forecasts 2018 to 2030 (USD Million)
4.6.3. Cotton
4.6.3.1. Cotton market estimates and forecasts 2018 to 2030 (USD Million)
4.6.4. Bandages
4.6.4.1. Bandages market estimates and forecasts 2018 to 2030 (USD Million)
4.6.5. Gauzes
4.6.5.1. Gauzes market estimates and forecasts 2018 to 2030 (USD Million)
4.6.6. Sponges
4.6.6.1. Sponges market estimates and forecasts 2018 to 2030 (USD Million)
4.6.7. Cleansing Agents
4.6.7.1. Cleansing Agents market estimates and forecasts 2018 to 2030 (USD Million)
4.7. Wound Therapy Devices
4.7.1. Wound therapy devices market estimates and forecasts 2018 to 2030 (USD Million)
4.7.2. Negative Pressure Wound Therapy
4.7.2.1. Negative Pressure Wound Therapy market estimates and forecasts 2018 to 2030 (USD Million)
4.7.3. Oxygen and Hyperbaric Oxygen Equipment
4.7.3.1. Oxygen and Hyperbaric Oxygen Equipment market estimates and forecasts 2018 to 2030 (USD Million)
4.7.4. Electric Stimulation Devices
4.7.4.1. Electric Stimulation Devices market estimates and forecasts 2018 to 2030 (USD Million)
4.7.5. Pressure Relief Devices
4.7.5.1. Pressure Relief Devices market estimates and forecasts 2018 to 2030 (USD Million)
4.7.6. Others
4.7.6.1. Others market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 5. Australia & New Zealand Wound Care Market: Application Estimates & Trend Analysis
5.1. Australia & New Zealand Wound Care Market: Application Dashboard
5.2. Australia & New Zealand Wound Care Market: Application Movement Analysis
5.3. Australia & New Zealand Wound Care Market Estimates and Forecasts, By Application, Revenue (USD Million)
5.4. Acute Wounds
5.4.1. Acute wounds market estimates and forecasts 2018 to 2030 (USD Million)
5.4.2. Surgical & Traumatic Wounds
5.4.2.1. Surgical & Traumatic Wounds market estimates and forecasts 2018 to 2030 (USD Million)
5.4.3. Burns
5.4.3.1. Burns market estimates and forecasts 2018 to 2030 (USD Million)
5.5. Chronic Wounds
5.5.1. Chronic wounds market estimates and forecasts 2018 to 2030 (USD Million)
5.5.2. Diabetic Foot Ulcers
5.5.2.1. Diabetic Foot Ulcers market estimates and forecasts 2018 to 2030 (USD Million)
5.5.3. Pressure Ulcers
5.5.3.1. Pressure Ulcers market estimates and forecasts 2018 to 2030 (USD Million)
5.5.4. Venous Leg Ulcers
5.5.4.1. Venous Leg Ulcers market estimates and forecasts 2018 to 2030 (USD Million)
5.5.5. Other Chronic Wounds
5.5.5.1. Other Chronic Wounds market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 6. Australia & New Zealand Wound Care Market: End Use Estimates & Trend Analysis
6.1. Australia & New Zealand Wound Care Market: End Use Dashboard
6.2. Australia & New Zealand Wound Care Market: End Use Movement Analysis
6.3. Australia & New Zealand Wound Care Market Estimates and Forecasts, By End Use, Revenue (USD Million)
6.4. Hospitals
6.4.1. Hospitals market estimates and forecasts 2018 to 2030 (USD Million)
6.5. Specialty Clinics
6.5.1. Specialty clinics market estimates and forecasts 2018 to 2030 (USD Million)
6.6. Home Healthcare
6.6.1. Home Healthcare market estimates and forecasts 2018 to 2030 (USD Million)
6.7. Physician’s Office
6.7.1. Physician’s Office market estimates and forecasts 2018 to 2030 (USD Million)
6.8. Nursing Homes
6.8.1. Nursing Homes market estimates and forecasts 2018 to 2030 (USD Million)
6.9. Others
6.9.1. Others market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 7. Australia & New Zealand Wound Care Market: Mode of Purchase Estimates & Trend Analysis
7.1. Australia & New Zealand Wound Care Market: Mode of Purchase Dashboard
7.2. Australia & New Zealand Wound Care Market: Mode of Purchase Movement Analysis
7.3. Australia & New Zealand Wound Care Market Estimates and Forecasts, By Mode of Purchase, Revenue (USD Million)
7.4. Prescribed
7.4.1. Prescribed market estimates and forecasts 2018 to 2030 (USD Million)
7.5. Non-prescribed (OTC)
7.5.1. Non-prescribed market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 8. Australia & New Zealand Wound Care Market: Distribution Channel Estimate and Trend Analysis
8.1. Australia & New Zealand Wound Care Market: Distribution Channel Dashboard
8.2. Australia & New Zealand Wound Care Market: Distribution Channel Movement Analysis
8.3. Australia & New Zealand Wound Care Market Estimates and Forecasts, By Distribution Channel, Revenue (USD Million)
8.4. Institutional Sales
8.4.1. Institutional sales market estimates and forecasts 2018 to 2030 (USD Million)
8.5. Retail Sales
8.5.1. Retail sales market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 9. Australia & New Zealand Wound Care Market: Regional Estimates & Trend Analysis
9.1. Australia & New Zealand Wound Care Market Share, By Region, 2023 & 2030 (USD Million)
9.2. Australia
9.2.1. Australia Wound Care Market Estimates and Forecasts, 2018 - 2030 (USD Million)
9.2.2. Key Country Dynamics
9.2.3. Competitive Scenario
9.3. New Zealand
9.3.1. New Zealand Wound Care Market Estimates and Forecasts, 2018 - 2030 (USD Million)
9.3.2. Key Country Dynamics
9.3.3. Competitive Scenario
Chapter 10. Competitive Landscape
10.1. Company/Competition Categorization
10.2. Vendor Landscape
10.2.1. List of key distributors and channel partners
10.2.2. Key company market share analysis, 2023
10.2.3. Smith+Nephew
10.2.3.1. Company overview
10.2.3.2. Financial performance
10.2.3.3. Product benchmarking
10.2.3.4. Strategic initiatives
10.2.4. Mölnlycke Health Care AB
10.2.4.1. Company overview
10.2.4.2. Financial performance
10.2.4.3. Product benchmarking
10.2.4.4. Strategic initiatives
10.2.5. Convatec Group PLC
10.2.5.1. Company overview
10.2.5.2. Financial performance
10.2.5.3. Product benchmarking
10.2.5.4. Strategic initiatives
10.2.6. Ethicon (Johnson & Johnson)
10.2.6.1. Company overview
10.2.6.2. Financial performance
10.2.6.3. Product benchmarking
10.2.6.4. Strategic initiatives
10.2.7. Baxter
10.2.7.1. Company overview
10.2.7.2. Financial performance
10.2.7.3. Product benchmarking
10.2.7.4. Strategic initiatives
10.2.8. DeRoyal Industries, Inc.
10.2.8.1. Company overview
10.2.8.2. Financial performance
10.2.8.3. Product benchmarking
10.2.8.4. Strategic initiatives
10.2.9. Coloplast Corp.
10.2.9.1. Company overview
10.2.9.2. Financial performance
10.2.9.3. Product benchmarking
10.2.9.4. Strategic initiatives
10.2.10. Medtronic
10.2.10.1. Company overview
10.2.10.2. Financial performance
10.2.10.3. Product benchmarking
10.2.10.4. Strategic initiatives
10.2.11. 3M
10.2.11.1. Company overview
10.2.11.2. Financial performance
10.2.11.3. Product benchmarking
10.2.11.4. Strategic initiatives
10.2.12. Integra LifeSciences Corporation.
10.2.12.1. Company overview
10.2.12.2. Financial performance
10.2.12.3. Product benchmarking
10.2.12.4. Strategic initiatives
List of Tables
Table 1 List of secondary sources
Table 2 List of abbreviation
Table 3 Australia & New Zealand Wound Care market, by product, 2018 - 2030 (USD Million)
Table 4 Australia & New Zealand Wound Care market, by application, 2018 - 2030 (USD Million)
Table 5 Australia & New Zealand Wound Care market, by end use, 2018 - 2030 (USD Million)
Table 6 Australia & New Zealand Wound Care market, by mode of purchase, 2018 - 2030 (USD Million)
Table 7 Australia & New Zealand Wound Care market, by distribution channel, 2018 - 2030 (USD Million)
Table 8 Key companies undergoing expansions.
Table 9 Key companies undergoing acquisitions.
Table 10 Key companies undergoing collaborations.
Table 11 Key companies launching new products/services.
Table 12 Key companies undertaking other strategies
List of Figures
Fig. 1 Market research process
Fig. 2 Data triangulation techniques
Fig. 3 Primary research pattern
Fig. 4 Market research approaches
Fig. 5 Market formulation & validation
Fig. 6 Australia & New Zealand Wound Care market: market outlook
Fig. 7 Australia & New Zealand Wound Care competitive insights
Fig. 8 Parent market outlook
Fig. 9 Australia & New Zealand Wound Care market driver impact
Fig. 10 Australia & New Zealand Wound Care market restraint impact: Product movement analysis
Fig. 11 Australia & New Zealand Wound Care market: Product outlook and key takeaways
Fig. 12 Advanced wound dressing market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 13 Foam Dressings market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 14 Hydrocolloid dressings market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 15 Film dressings market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 16 Alginate dressings market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 17 Hydrogel dressings market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 18 Collagen dressings market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 19 Other advanced dressings market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 20 Surgical wound care market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 21 Sutures & staples market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 22 Tissue adhesives and sealants market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 23 Anti-infective dressing market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 24 Traditional wound care market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 25 Medical tapes market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 26 Cotton market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 27 Bandages market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 28 Gauzes market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 29 Sponges market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 30 Cleansing agents market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 31 Wound therapy devices market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 32 Negative pressure wound therapy market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 33 Oxygen and hyperbaric oxygen equipment market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 34 Electric stimulation devices market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 35 Pressure relief devices market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 36 Others market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 37 Australia & New Zealand Wound Care market restraint impact: Application movement analysis
Fig. 38 Australia & New Zealand Wound Care market: Application outlook and key takeaways
Fig. 39 Acute wounds market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 40 Surgical & traumatic wounds market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 41 Burns market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 42 Chronic wounds market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 43 Diabetic foot ulcers market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 44 Pressure Ulcers market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 45 Venous leg ulcers market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 46 Other chronic wounds market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 47 Australia & New Zealand Wound Care market restraint impact: End Use movement analysis
Fig. 48 Australia & New Zealand Wound Care market: End Use outlook and key takeaways
Fig. 49 Hospitals market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 50 Specialty Clinics market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 51 Home Healthcare market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 52 Physician’s Office market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 53 Nursing Homes market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 54 Others market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 55 Australia & New Zealand Wound Care market restraint impact: Mode of purchase movement analysis
Fig. 56 Australia & New Zealand Wound Care market: Mode of purchase outlook and key takeaways
Fig. 57 Prescribed market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 58 Non-prescribed (OTC) market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 59 Australia & New Zealand Wound Care market restraint impact: Distribution Channel movement analysis
Fig. 60 Australia & New Zealand Wound Care market: Distribution Channel outlook and key takeaways
Fig. 61 Institutional Sales market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 62 Retail Sales market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 63 Market share of key market players - Australia & New Zealand Wound Care market

Companies Mentioned

  • Smith+Nephew
  • Mölnlycke Health Care AB
  • Convatec Group PLC
  • Ethicon (Johnson & Johnson)
  • Baxter
  • DeRoyal Industries, Inc.
  • Coloplast Corp.
  • Medtronic
  • 3M
  • Integra LifeSciences Corporation.

Methodology

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Table Information

Report AttributeDetails
No. of Pages75
PublishedAugust 2024
Forecast Period2023 - 2030
Estimated Market Value ( USD ) in 2023 $ 573.02 Million
Forecasted Market Value ( USD ) by 2030 $ 820.17 Million
Compound Annual Growth Rate5.3%
Regions CoveredAustralia, New Zealand
No. of Companies Mentioned10

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About the Wound Care Market

The Wound Care market is a segment of the healthcare industry that focuses on the treatment and management of wounds. It includes products and services that are used to treat and prevent wounds, such as dressings, bandages, and topical creams. Wound care products are used to reduce the risk of infection, promote healing, and reduce pain. The Wound Care market is driven by an aging population, increasing prevalence of chronic diseases, and rising awareness of wound care products. Additionally, technological advancements in wound care products have enabled better treatment outcomes. Some of the major companies in the Wound Care market include Smith & Nephew, 3M, B. Braun, ConvaTec, Coloplast, and Mölnlycke Health Care. These companies offer a wide range of wound care products, such as dressings, bandages, topical creams, and other wound care products. Show Less Read more

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