The disposable wound management products market was valued at $7.7 billion in 2023, and is projected to reach $12.7 billion by 2033, growing at a CAGR of 5.1% from 2024 to 2033.
Disposable wound management products are single-use medical devices designed to aid in the care and healing of wounds, while minimizing the risk of infection. These products include wound dressings, bandages, adhesive tapes, and absorbent pads that are used for acute, chronic, and surgical wounds. They are designed for easy application and disposal, offering both convenience and hygiene, which is crucial in medical environments to prevent cross-contamination.
The growth of the disposable wound management products market is majorly driven by alarming rise in prevalence of chronic conditions such as diabetes and vascular diseases. These diseases further lead to increased cases of chronic wounds, particularly ulcers, which, in turn, require effective wound management solutions. According to a study published in Advances in Wound Care in 2020, it was estimated that nearly 6.5 million people in the U.S. alone suffer from chronic wounds annually, primarily due to conditions like diabetes and obesity. Moreover, surge in geriatric population significantly contributes toward the growth of the global market.
This is attributed to the fact that as the global population ages, the demand for wound care products increases due to a higher occurrence of age-related conditions such as pressure sores and venous leg ulcers, which necessitate regular wound management. As per the World Health Organization, the number of people aged 60 years and older was 1 billion in 2019. This number is estimated to increase to 1.4 billion by 2030 and 2.1 billion by 2050. This demographic shift is expected to result in a surge in age-related wounds, including pressure ulcers and venous leg ulcers.
Furthermore, with an increase in the number of surgeries worldwide, the need for post-operative wound care is rising simultaneously, thereby fueling the demand for disposable wound management products. In addition, implementation of stringent infection prevention protocols in healthcare facilities, particularly in the wake of hospital-acquired infections, has driven the adoption of single-use, disposable products that reduce the risk of cross-contamination. However, high cost associated with advanced solutions such as antimicrobial dressings, hydrocolloid dressings, and foam-based products restrains the growth of the global market.
In addition, certain disposable wound dressings and adhesives can cause skin irritation or allergic reactions in sensitive patients, which hampers the market growth. On the contrary, technological developments, including antimicrobial wound dressings and moisture-management materials, are boosting the efficacy of disposable wound management products, driving their adoption in various healthcare settings. Such developments are expected to offer lucrative opportunities for the expansion of the global market during the forecast period.
The global disposable wound management products market analysis is segmented into type, application, end user, and region. On the basis of type, the market is fragmented into advanced wound care products, traditional wound care products, and surgical wound care products. Depending on application, it is segregated into acute wound and chronic wound. By end user, it is fragmented into hospitals, clinics, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Depending on application, the chronic wound segment led the advanced wound care products market in 2023.
By end user, the hospitals segment exhibited the highest growth in 2023.
Region wise, North America held the largest market share in terms of revenue in 2023, and is likely to dominate the market during the forecast period.
Disposable wound management products are single-use medical devices designed to aid in the care and healing of wounds, while minimizing the risk of infection. These products include wound dressings, bandages, adhesive tapes, and absorbent pads that are used for acute, chronic, and surgical wounds. They are designed for easy application and disposal, offering both convenience and hygiene, which is crucial in medical environments to prevent cross-contamination.
The growth of the disposable wound management products market is majorly driven by alarming rise in prevalence of chronic conditions such as diabetes and vascular diseases. These diseases further lead to increased cases of chronic wounds, particularly ulcers, which, in turn, require effective wound management solutions. According to a study published in Advances in Wound Care in 2020, it was estimated that nearly 6.5 million people in the U.S. alone suffer from chronic wounds annually, primarily due to conditions like diabetes and obesity. Moreover, surge in geriatric population significantly contributes toward the growth of the global market.
This is attributed to the fact that as the global population ages, the demand for wound care products increases due to a higher occurrence of age-related conditions such as pressure sores and venous leg ulcers, which necessitate regular wound management. As per the World Health Organization, the number of people aged 60 years and older was 1 billion in 2019. This number is estimated to increase to 1.4 billion by 2030 and 2.1 billion by 2050. This demographic shift is expected to result in a surge in age-related wounds, including pressure ulcers and venous leg ulcers.
Furthermore, with an increase in the number of surgeries worldwide, the need for post-operative wound care is rising simultaneously, thereby fueling the demand for disposable wound management products. In addition, implementation of stringent infection prevention protocols in healthcare facilities, particularly in the wake of hospital-acquired infections, has driven the adoption of single-use, disposable products that reduce the risk of cross-contamination. However, high cost associated with advanced solutions such as antimicrobial dressings, hydrocolloid dressings, and foam-based products restrains the growth of the global market.
In addition, certain disposable wound dressings and adhesives can cause skin irritation or allergic reactions in sensitive patients, which hampers the market growth. On the contrary, technological developments, including antimicrobial wound dressings and moisture-management materials, are boosting the efficacy of disposable wound management products, driving their adoption in various healthcare settings. Such developments are expected to offer lucrative opportunities for the expansion of the global market during the forecast period.
The global disposable wound management products market analysis is segmented into type, application, end user, and region. On the basis of type, the market is fragmented into advanced wound care products, traditional wound care products, and surgical wound care products. Depending on application, it is segregated into acute wound and chronic wound. By end user, it is fragmented into hospitals, clinics, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Findings
On the basis of type, the advanced wound care products segment is expected to dominate the market from 2024 to 2033.Depending on application, the chronic wound segment led the advanced wound care products market in 2023.
By end user, the hospitals segment exhibited the highest growth in 2023.
Region wise, North America held the largest market share in terms of revenue in 2023, and is likely to dominate the market during the forecast period.
Competition Analysis
Competitive analysis and profiles of the major players in the global disposable wound management products market include ConvaTec Group plc, 3M Company, Cardinal Health Inc., Organogenesis Holdings Inc., Smith and Nephew plc., B. Braun SE, Coloplast, Integra LifeSciences Holdings Corporation, Molnlycke Health Care AB, and MIMEDX Group, Inc. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships to sustain the intense competition and gain a strong foothold in the global market.Additional benefits you will get with this purchase are:
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Key Market Segments
By Type
- Advanced wound care products
- Traditional wound care products
- Surgical wound care products
By Application
- Acute wound
- Chronic wound
By End User
- Hospitals
- Clinics
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa
- Saudi Arabia
- Rest of LAMEA
Key Market Players
- ConvaTec Group plc
- 3M Company
- Cardinal Health Inc.
- Organogenesis Holdings Inc.
- Smith and Nephew plc.
- B. Braun SE
- Coloplast
- Integra LifeSciences Holdings Corporation
- Molnlycke Health Care AB
- MIMEDX Group, Inc.
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET LANDSCAPE
CHAPTER 4: DISPOSABLE WOUND MANAGEMENT PRODUCTS MARKET, BY TYPE
CHAPTER 5: DISPOSABLE WOUND MANAGEMENT PRODUCTS MARKET, BY APPLICATION
CHAPTER 6: DISPOSABLE WOUND MANAGEMENT PRODUCTS MARKET, BY END USER
CHAPTER 7: DISPOSABLE WOUND MANAGEMENT PRODUCTS MARKET, BY REGION
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES
LIST OF TABLES
LIST OF FIGURES
Companies Mentioned
- ConvaTec Group plc
- 3M Company
- Cardinal Health Inc.
- Organogenesis Holdings Inc.
- Smith and Nephew plc.
- B. Braun SE
- Coloplast
- Integra LifeSciences Holdings Corporation
- Molnlycke Health Care AB
- MIMEDX Group, Inc.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 280 |
| Published | September 2024 |
| Forecast Period | 2023 - 2033 |
| Estimated Market Value ( USD | $ 7.7 billion |
| Forecasted Market Value ( USD | $ 12.7 billion |
| Compound Annual Growth Rate | 5.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
