India Advanced Wound Care Market Size & Outlook, 2023-2030
India advanced wound care market, 2018-2030 (US$M)
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India advanced wound care market highlights
- The India advanced wound care market generated a revenue of USD 203.1 million in 2023 and is expected to reach USD 316.6 million by 2030.
- The India market is expected to grow at a CAGR of 6.5% 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 203.1 million |
| Market revenue in 2030 | USD 316.6 million |
| Growth rate | 6.5% (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, India accounted for 2.7% 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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India 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 59.72% in 2023. Horizon Databook has segmented the India advanced wound care market based on moist, antimicrobial, active covering the revenue growth of each sub-segment from 2018 to 2030.
Increase in number of diabetic populations, is expected to propel the advanced wound care market. For instance, according to Down to Earth organization, as of December 2021, India has 74.2 million diabetic patients aged 20 – 79.
Moreover, the number is expected to increase to 124.8 million by 2045. Diabetic people are more prone to diabetic foot ulcers, therefore increase in diabetic population may lead to increase in number of diabetic foot ulcer patients. This may help the market growth in India.
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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 India advanced wound care market , including forecasts for subscribers. This country databook contains high-level insights into India advanced wound care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India advanced wound care market size, by product, 2018-2030 (US$M)
India Advanced Wound Care Market Outlook Share, 2023 & 2030 (US$M)
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