U.S. Advanced Wound Care Market Size & Outlook, 2023-2030
U.S. advanced wound care market, 2018-2030 (US$M)
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U.S. advanced wound care market highlights
- The U.S. advanced wound care market generated a revenue of USD 2,857.4 million in 2023 and is expected to reach USD 4,137.8 million by 2030.
- The U.S. market is expected to grow at a CAGR of 5.4% 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 2,857.4 million |
| Market revenue in 2030 | USD 4,137.8 million |
| Growth rate | 5.4% (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, U.S. accounted for 38.7% 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 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 Scope
Advanced Wound Care Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 59.9% in 2023. Horizon Databook has segmented the U.S. advanced wound care market based on moist, antimicrobial, active covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. held the largest share in North America wound dressings market. Well-developed healthcare infrastructure, increasing awareness about usage of advanced wound care products, and presence of several key market players are the major drivers of the market.
In addition, due increase in number of surgeries the market is anticipated to grow in the U.S. For instance, according to Life Span Organization, about 500,000 open heart surgeries were performed in the U.S. in 2018. Moreover, according to AHA Journals, approximately, 40,000 children undergo a congenital heart surgery in the U.S.
As such surgeries take time to heal, advanced wound care products help in healing such wound in quick duration. Similarly, increase in incidence of chronic wounds in the U.S. is expected to boost the market growth.
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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 U.S. advanced wound care market , including forecasts for subscribers. This country databook contains high-level insights into U.S. advanced wound care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. advanced wound care market size, by product, 2018-2030 (US$M)
U.S. Advanced Wound Care Market Outlook Share, 2023 & 2030 (US$M)
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