UK Advanced Wound Dressing Market Size & Outlook
UK advanced wound dressing market, 2018-2030 (US$M)
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UK advanced wound dressing market highlights
- The UK advanced wound dressing market generated a revenue of USD 348.5 million in 2023 and is expected to reach USD 512.8 million by 2030.
- The UK market is expected to grow at a CAGR of 5.7% from 2024 to 2030.
- In terms of segment, foam dressings was the largest revenue generating product in 2023.
- Hydrocolloid Dressings is the most lucrative product segment registering the fastest growth during the forecast period.
Advanced wound dressing market data book summary
| Market revenue in 2023 | USD 348.5 million |
| Market revenue in 2030 | USD 512.8 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Foam dressings |
| Fastest growing segment | Hydrocolloid Dressings |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Foam Dressings, Hydrocolloid Dressings, Film Dressings, Alginate Dressings, Hydrogel Dressings, Collagen Dressings, Other Advanced Dressings |
| Key market players worldwide | 3M Co, Coloplast A/S ADR, Medline Industries, Smith & Nephew PLC, ConvaTec Group PLC, Integra Lifesciences Holdings Corp, Johnson & Johnson, Baxter International Inc, Medtronic PLC, Investor AB Class A |
Other key industry trends
- In terms of revenue, UK accounted for 4.5% of the global advanced wound dressing 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 dressing market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 512.8 million by 2030.
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Advanced Wound Dressing Market Scope
Advanced Wound Dressing Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK advanced wound dressing 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 dressing market will help companies and investors design strategic landscapes.
Foam dressings was the largest segment with a revenue share of 23.07% in 2023. Horizon Databook has segmented the UK advanced wound dressing market based on foam dressings, hydrocolloid dressings, film dressings, alginate dressings, hydrogel dressings, collagen dressings, other advanced dressings covering the revenue growth of each sub-segment from 2018 to 2030.
The UK has universal healthcare system where majority of the population is covered under free healthcare services offered by national healthcare centers. Thus, competition in the market is high as government is the key customer for market players offering treatment for sports injuries, chronic diseases, and other disorders in the UK.
Furthermore, free healthcare services offered by the government has resulted in high demand for advanced wound care treatments in the UK. Therefore, presence of several key players coupled with favorable reimbursement policies are anticipated to boost the market growth over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK advanced wound dressing market , including forecasts for subscribers. This country databook contains high-level insights into UK advanced wound dressing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK advanced wound dressing market size, by product, 2018-2030 (US$M)
UK Advanced Wound Dressing Market Outlook Share, 2023 & 2030 (US$M)
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