Germany Advanced Wound Care Market Size & Outlook
Germany advanced wound care market, 2018-2030 (US$M)
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Germany advanced wound care market highlights
- The Germany advanced wound care market generated a revenue of USD 335.5 million in 2023 and is expected to reach USD 500.9 million by 2030.
- The Germany market is expected to grow at a CAGR of 5.9% 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 335.5 million |
| Market revenue in 2030 | USD 500.9 million |
| Growth rate | 5.9% (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, Germany accounted for 4.5% 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 Europe, UK advanced wound care market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 500.9 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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Germany 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 58.24% in 2023. Horizon Databook has segmented the Germany advanced wound care market based on moist, antimicrobial, active covering the revenue growth of each sub-segment from 2018 to 2030.
The healthcare facilities in Germany are very advanced in comparison with other European countries owing to which a significant growth rate is expected. For instance, as per the European Commission in 2017, around 84.5% of healthcare expenditure is publicly funded and around 12.5% constitutes out-of pocket spending.
In addition, increasing demand for various surgical procedures is also anticipated to drive the market. As per DGTHG, in Germany overall 175,705 surgical procedures were reported in the year. As advanced wound care products are used to heal surgical wounds, the advanced wound care market is anticipated to witness significant growth rate over the forecast period.
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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 Germany advanced wound care market , including forecasts for subscribers. This country databook contains high-level insights into Germany advanced wound care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany advanced wound care market size, by product, 2018-2030 (US$M)
Germany Advanced Wound Care Market Outlook Share, 2023 & 2030 (US$M)
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