North America Chronic Wound Care Market Size & Outlook
North America chronic wound care market, 2018-2030 (US$M)
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North America chronic wound care market highlights
- The North America chronic wound care market generated a revenue of USD 6,056.6 million in 2023.
- The market is expected to grow at a CAGR of 4.1% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 6,056.6 million |
| Market revenue in 2030 | USD 8,023.7 million |
| Growth rate | 4.1% (CAGR from 2023 to 2030) |
| Largest segment | Advanced wound dressing |
| Fastest growing segment | Advanced Wound Dressing |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, North America region accounted for 45.5% of the global chronic wound care market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,941.3 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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North America 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 34.81% in 2023. Horizon Databook has segmented the North America 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.
Increasing sports injuries, road accidents, and presence of several key players in the region is anticipated to drive the market in North America. For instance, as per National Institute of Diabetes and Digestive Kidney Diseases, an estimated of 34.2 million people have diabetes, which comprises of 10.5% of the U.S.
Additionally, 88 million adults people aged 18 years & older have prediabetes, which may further increase the chronic diseases in this region. Similarly, availability of skilled professionals, improvement in healthcare infrastructure and presence of major market players are also expected to drive the 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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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 continent-level data and insights on the North America chronic wound care market , including forecasts for subscribers. This continent databook contains high-level insights into North America chronic wound care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America chronic wound care market size, by country, 2018-2030 (US$M)
North America Chronic Wound Care Market Outlook Share, 2023 & 2030 (US$M)
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