India Chronic Wound Care Market Size & Outlook, 2023-2030
India chronic wound care market, 2018-2030 (US$M)
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India chronic wound care market highlights
- The India chronic wound care market generated a revenue of USD 398.2 million in 2023 and is expected to reach USD 572.1 million by 2030.
- The India market is expected to grow at a CAGR of 5.3% 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 398.2 million |
| Market revenue in 2030 | USD 572.1 million |
| Growth rate | 5.3% (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, India accounted for 3.0% 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 Asia Pacific, China chronic 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 492.4 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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India 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 34.35% in 2023. Horizon Databook has segmented the India 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.
India has a high burden of chronic diseases (e.g., cardiovascular diseases, mental health disorders, diabetes, and cancer) and injuries are the leading causes of death and disability in India. Moreover, prevalence of diabetes in India has reached up to 40.30% which is further expected to rise incidence of chronic wounds in India.
Furthermore, advancements in healthcare facilities in India has led to an increase in patient volume. Hence, chronic disease burden and increasing geriatric population are expected to drive the wound care market over the forecast period.
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 India chronic wound care market , including forecasts for subscribers. This country databook contains high-level insights into India chronic wound care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India chronic wound care market size, by product, 2018-2030 (US$M)
India Chronic Wound Care Market Outlook Share, 2023 & 2030 (US$M)
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