Germany Chronic Wound Care Market Size & Outlook
Germany chronic wound care market, 2018-2030 (US$M)
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Germany chronic wound care market highlights
- The Germany chronic wound care market generated a revenue of USD 587.5 million in 2023 and is expected to reach USD 794.8 million by 2030.
- The Germany market is expected to grow at a CAGR of 4.4% from 2024 to 2030.
- In terms of segment, advanced wound dressing was the largest revenue generating product in 2023.
- Advanced Wound Dressing is the most lucrative product segment registering the fastest growth during the forecast period.
Chronic wound care market data book summary
| Market revenue in 2023 | USD 587.5 million |
| Market revenue in 2030 | USD 794.8 million |
| Growth rate | 4.4% (CAGR from 2023 to 2030) |
| Largest segment | Advanced wound dressing |
| Fastest growing segment | Advanced Wound Dressing |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Advanced Wound Dressing, Surgical Wound Care, Traditional Wound Care, Wound Therapy Devices |
| Key market players worldwide | Johnson & Johnson, Baxter International Inc, Coloplast A/S ADR, 3M Co, ConvaTec Group PLC, Integra Lifesciences Holdings Corp, Smith & Nephew PLC, Medline Industries, Molnlycke Health Care, Paul Hartmann |
Other key industry trends
- In terms of revenue, Germany accounted for 4.4% of the global chronic 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 chronic 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 794.8 million by 2030.
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Chronic Wound Care Market Scope
Chronic Wound Care Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany chronic 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 chronic wound care market will help companies and investors design strategic landscapes.
Advanced wound dressing was the largest segment with a revenue share of 34.72% in 2023. Horizon Databook has segmented the Germany chronic wound care market based on advanced wound dressing, surgical wound care, traditional wound care, wound therapy devices 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. For instance, according to European Commission in 2017, Germany has the highest rate of hip replacement surgeries in comparison with other European countries.
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Target buyers of Germany chronic wound care market databook
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Our clientele includes a mix of chronic wound care market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany chronic wound care market , including forecasts for subscribers. This country databook contains high-level insights into Germany chronic wound care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany chronic wound care market size, by product, 2018-2030 (US$M)
Germany Chronic Wound Care Market Outlook Share, 2023 & 2030 (US$M)
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