China Advanced Wound Care Market Size & Outlook, 2023-2030
China advanced wound care market, 2018-2030 (US$M)
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China advanced wound care market highlights
- The China advanced wound care market generated a revenue of USD 238.8 million in 2023 and is expected to reach USD 375.9 million by 2030.
- The China market is expected to grow at a CAGR of 6.7% 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 2023 | USD 238.8 million |
| Market revenue in 2030 | USD 375.9 million |
| Growth rate | 6.7% (CAGR from 2023 to 2030) |
| Largest segment | Moist |
| Fastest growing segment | Antimicrobial |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Moist, Antimicrobial, Active |
| Key market players worldwide | ConvaTec 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, China accounted for 3.2% 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 Asia Pacific, China advanced wound care market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 305.8 million by 2030.
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Advanced Wound Care Market Scope
Advanced Wound Care Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 58.75% in 2023. Horizon Databook has segmented the China advanced wound care market based on moist, antimicrobial, active covering the revenue growth of each sub-segment from 2018 to 2030.
Regulatory process for product approvals is comparatively less stringent in China, which facilitates easy entry of advanced products in the market. In addition, availability of resources enables advancements in technology at cheaper costs that has led to an increase in the number of manufacturing facilities in the country.
Moreover, China’s spends 7.1% of its GDP on healthcare which is further expected to increase the product penetration in the market. Hence, with increase in healthcare spending and availability of raw materials along with less stringent regulations, the market is expected to grow over the forecast period.
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Target buyers of China advanced wound care market databook
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China advanced wound care market , including forecasts for subscribers. This country databook contains high-level insights into China advanced wound care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China advanced wound care market size, by product, 2018-2030 (US$M)
China Advanced Wound Care Market Outlook Share, 2023 & 2030 (US$M)
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