Canada Advanced Wound Care Market Size & Outlook

The advanced wound care market in Canada is expected to reach a projected revenue of US$ 735.4 million by 2030. A compound annual growth rate of 6% is expected of Canada advanced wound care market from 2024 to 2030.

Revenue, 2023 (US$M)
$489.7
Forecast, 2030 (US$M)
$735.4
CAGR, 2024 - 2030
6%
Report Coverage
Canada

Canada advanced wound care market highlights

  • The Canada advanced wound care market generated a revenue of USD 489.7 million in 2023 and is expected to reach USD 735.4 million by 2030.
  • The Canada market is expected to grow at a CAGR of 6% from 2024 to 2030.
  • In terms of segment, moist was the largest revenue generating product in 2023.
  • Antimicrobial is the most lucrative product segment registering the fastest growth during the forecast period.


Advanced wound care market data book summary

Market revenue in 2023USD 489.7 million
Market revenue in 2030USD 735.4 million
Growth rate6% (CAGR from 2023 to 2030)
Largest segmentMoist
Fastest growing segmentAntimicrobial
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMoist, Antimicrobial, Active
Key market players worldwideConvaTec Group PLC, Smith & Nephew PLC, Molnlycke Health Care, B. Braun, 3M Co, URGO, Coloplast A/S ADR, Integra Lifesciences Holdings Corp, Medline Industries


Other key industry trends

  • In terms of revenue, Canada accounted for 6.6% of the global advanced wound care market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. advanced wound care market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 735.4 million by 2030.

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Advanced Wound Care Market Companies

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Canada advanced wound care market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to advanced wound care market will help companies and investors design strategic landscapes.


Moist was the largest segment with a revenue share of 59.55% in 2023. Horizon Databook has segmented the Canada advanced wound care market based on moist, antimicrobial, active covering the revenue growth of each sub-segment from 2018 to 2030.


Canada is a rapidly developing market for wound dressing products owing to rising geriatric population, increasing government funding, and favorable reimbursement policies. In Canada, a major part of the healthcare is publicly funded, which has led to advancements in healthcare facilities. This is expected to propel the market growth in Canada.

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  • Our clientele includes a mix of advanced wound care market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada advanced wound care market , including forecasts for subscribers. This country databook contains high-level insights into Canada advanced wound care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada advanced wound care market size, by product, 2018-2030 (US$M)

Canada Advanced Wound Care Market Outlook Share, 2023 & 2030 (US$M)

Canada advanced wound care market size, by product, 2018-2030 (US$M)

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