Japan Advanced Wound Care Market Size & Outlook, 2023-2030
Japan advanced wound care market, 2018-2030 (US$M)
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Japan advanced wound care market highlights
- The Japan advanced wound care market generated a revenue of USD 190.2 million in 2023 and is expected to reach USD 305.8 million by 2030.
- The Japan market is expected to grow at a CAGR of 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 190.2 million |
| Market revenue in 2030 | USD 305.8 million |
| Growth rate | 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, Japan accounted for 2.6% 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 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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Japan 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 59.73% in 2023. Horizon Databook has segmented the Japan advanced wound care market based on moist, antimicrobial, active covering the revenue growth of each sub-segment from 2018 to 2030.
Rising geriatric population is one of the major driving factors for the market growth in Japan. For instance, according to European parliament, Japan is ageing fast, and has 28.7% of the population over the age of 65. Moreover, by 2036, people above 65 will represent one-third of the country population.
As geriatric population are at a higher risk of various diseases and disabilities, increase in geriatric population may propel the demand for advanced wound care products. In addition, with increasing healthcare spending, the market is expected to register substantial growth in Japan.
For instance, in 2015, Japan spent 10.2% of GDP on healthcare, whereas expenditure on healthcare had increased to 11% of GDP in 2018. Furthermore, increase in adoption of advanced products in Japan are expected to fuel the growth of wound dressings market 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 Japan advanced wound care market , including forecasts for subscribers. This country databook contains high-level insights into Japan advanced wound care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan advanced wound care market size, by product, 2018-2030 (US$M)
Japan Advanced Wound Care Market Outlook Share, 2023 & 2030 (US$M)
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