Market revenue in 2023 | USD 343.4 million |
Market revenue in 2030 | USD 492.4 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 |
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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 34.97% in 2023. Horizon Databook has segmented the Japan 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.
Rising geriatric population is one of the major driving factors for the market growth in Japan. According to Europa, more than one in four people are above 65 years of age. As geriatric population are at a higher risk of various diseases and disabilities, increase in geriatric population may propel the demand for wound care products.
In addition, with increasing healthcare spending, the wound care market is expected to register substantial growth in Japan. For instance, as per Macrotrends, in 2018, Japan spent 10.95% of GDP on healthcare, whereas expenditure on healthcare had also increased.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan chronic wound care market , including forecasts for subscribers. This country databook contains high-level insights into Japan chronic wound care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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