UK Chronic Wound Care Market Size & Outlook, 2023-2030
UK chronic wound care market, 2018-2030 (US$M)
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UK chronic wound care market highlights
- The UK chronic wound care market generated a revenue of USD 752.3 million in 2023 and is expected to reach USD 994.1 million by 2030.
- The UK 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.
Chronic wound care market data book summary
| Market revenue in 2023 | USD 752.3 million |
| Market revenue in 2030 | USD 994.1 million |
| Growth rate | 4.1% (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, UK accounted for 5.6% 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 |
|---|
UK 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 34.96% in 2023. Horizon Databook has segmented the UK 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 UK has universal healthcare system where majority of the population is covered under free healthcare services offered by national healthcare centers. Increasing number of geriatric populations in UK is anticipated to boost the market growth.
For instance, according to House of Commons Library, around one-fifth of UK population was aged more than 65% or above in 2019. This comprises 12.3 million people i.e., 19% of the total population. Moreover, the older population is projected to show a growth, making up to 24% of the total population by 2043.
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Target buyers of UK 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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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UK chronic wound care market , including forecasts for subscribers. This country databook contains high-level insights into UK chronic wound care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK chronic wound care market size, by product, 2018-2030 (US$M)
UK Chronic Wound Care Market Outlook Share, 2023 & 2030 (US$M)
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