Advanced Wound Care Devices Market Report 2025

The advanced wound care devices market size has grown strongly in recent years. It will grow from $11.62 billion in 2024 to $12.37 billion in 2025 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to wound care innovation, aging population, medical advancements, rising chronic conditions, improved healthcare infrastructure.

The advanced wound care devices market size is expected to see steady growth in the next few years. It will grow to $14.69 billion in 2029 at a compound annual growth rate (CAGR) of 4.4%. The growth in the forecast period can be attributed to focus on personalized medicine, cost-efficient solutions, consumer demand for non-invasive solutions, healthcare access and infrastructure, prevalence of chronic diseases. Major trends in the forecast period include patient-centric care approaches, collaborative partnerships in research, shift towards value-based healthcare, increased focus on regenerative medicine, consumer preference for minimally invasive solutions.

The growing number of surgeries is anticipated to drive the growth of the advanced wound care devices market in the future. Surgery involves treating illnesses or injuries in humans or animals by opening the body to remove or repair the affected area. Advanced wound care devices assist patients undergoing surgery by enhancing metabolism and improving oxygen flow. For instance, in March 2023, the British Association of Aesthetic Plastic Surgeons, a UK-based surgical organization, reported that 31,057 cosmetic surgeries were performed in the UK in 2022, representing a significant 102% increase from the previous year. Thus, the rising number of surgeries is fueling the expansion of the advanced wound care devices market.

The rising prevalence of diabetes is expected to enhance the growth of the advanced wound care devices market in the future. Diabetes is a chronic condition marked by elevated blood glucose levels due to the body's inability to produce or effectively utilize insulin, the hormone that regulates blood sugar. The increasing incidence of diabetes is driving the demand for specialized advanced wound care devices, underscoring the need for ongoing innovation and investment in technologies to tackle the unique challenges presented by diabetic wounds and improve patient outcomes. For example, in June 2024, the National Health Service, a UK-based government department, reported that in 2023, over half a million (549,000) additional individuals in England were identified as being at risk of developing type 2 diabetes. This brought the total number of people with non-diabetic hyperglycemia, or pre-diabetes, registered with a GP to 3,615,330, marking a significant increase from 3,065,825 in 2022, representing nearly a 20% rise. Therefore, the increasing prevalence of diabetes is driving the growth of the advanced wound care devices market.

Technological advancements are a significant trend gaining traction in the advanced wound care devices market. Leading companies in this sector are embracing new technologies to enhance their market position. For example, in September 2022, Colzyx Ab, a Sweden-based manufacturer of wound care devices, introduced an innovative wound matrix called WOUNDCOM. This product features effector molecules that are bioactive components of the biological host-defense protein human collagen VI. These molecules are designed to initiate, stimulate, and regulate normal physiological wound-healing processes while also demonstrating clear antimicrobial properties. Colzyx effector molecules offer a strong wound-healing effect and a broad-spectrum antimicrobial effect against both standard and multidrug-resistant bacteria, helping to reduce pain and eliminate bacteria from the wound.

Developments in the advanced wound care devices market are taking strides with innovative solutions such as hyperspectral imaging devices aimed at driving efficiency. One such advancement is Swift Ray 1, introduced by Swift Medical, a Canadian digital wound care company, in March 2022. This device stands out due to its wireless integration with smartphone cameras, enabling comprehensive data capture essential for patient support in the treatment, assessment, and monitoring of skin and wound conditions. What distinguishes Swift Ray 1 is its ability to capture and process data across all skin tones, ensuring consistent effectiveness in detecting complications and healing progress. The device's imaging capabilities allow for the assessment of crucial wound characteristics, including tissue health, inflammation, perfusion, infection, bacterial presence, and blood oxygen levels. By identifying potential concerns, it facilitates proactive management, enhancing the healing process.

In May 2024, KKR, a US-based investment firm, purchased Healthium Medtech for $839 million. This acquisition aims to bolster KKR's healthcare portfolio in India by leveraging Healthium's robust market position and expertise in medical devices. The strategic initiative is intended to accelerate Healthium's growth through both organic development and potential mergers and acquisitions, thereby enhancing its global footprint in the medical devices sector. Healthium Medtech is an India-based manufacturer specializing in wound care devices.

Major companies operating in the advanced wound care devices market include 3M company, Coloplast Corporation, ConvaTec Group plc, Smith & Nephew plc, Integra LifeSciences Corporation, Organogenesis Holdings Inc., Medtronic plc, MiMedx Group Inc., Derma Sciences Inc., Johnson & Johnson Private Limited, Molnlycke Health Care AB, Cardinal Health Inc., B. Braun Melsungen AG, Baxter International, Adynxx Inc., Acelity L.P. Inc., BSN Medical GmbH, Covidien plc, DeRoyal Industries Inc., Hollister Incorporated, Human Biosciences Inc., Kinetic Concepts Inc., Medline Industries Inc., Triage Meditech Pvt. Ltd., ACell Inc., Acera Surgical Inc., ACI Medical LLC, Advanced Oxygen Therapy Inc., Imbed Biosciences Inc., Inotec Sicherheitstechnik GmbH, Moleculight Inc., NuVision Biotherapies Ltd.

North America was the largest region in the advanced wound care devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the advanced wound care devices market report during the forecast period. The regions covered in the advanced wound care devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the advanced wound care devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Advanced wound care devices are specialized tools and products utilized for the accelerated healing of various skin issues, including infections, abrasions, blisters, cracks, necrosis, and ulcers. These devices leverage moisture therapy, ensuring the controlled distribution of moisture to the affected area. This approach facilitates spontaneous cell repair while allowing the wound to breathe.

The main types of products used in advanced wound care include antimicrobial gels, antimicrobial powder, concentrated surfactants, hydrogel dressings, skin protectants, wound cleaners, semi-permeable film dressings, semi-permeable antimicrobial film dressings, semi-permeable non-antimicrobial film dressings, and others. Antimicrobial wound gels, for instance, are water-based gel dressings applied to wounds to maintain a moist environment that facilitates healing. Various types of wounds, such as surgical and traumatic wounds, diabetic foot ulcers, pressure ulcers, venous leg ulcers, burns, among others, can be treated using advanced wound care products. These products find applications in both chronic and acute wounds and are utilized by end-users such as hospitals, clinics, home care settings, and others.

The advanced wound care devices market research report is one of a series of new reports that provides advanced wound care devices market statistics, including advanced wound care devices industry global market size, regional shares, competitors with advanced wound care devices market share, detailed advanced wound care devices market segments, market trends, and opportunities, and any further data you may need to thrive in the advanced wound care devices industry. This advanced wound care devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The advanced wound care devices the market consists of sales of wound bandages, medical bandage rolls, and dressing packs. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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