U.S. Chronic Wound Care Market Size & Outlook, 2023-2030
U.S. chronic wound care market, 2018-2030 (US$M)
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U.S. chronic wound care market highlights
- The U.S. chronic wound care market generated a revenue of USD 5,167.2 million in 2023 and is expected to reach USD 6,805.3 million by 2030.
- The U.S. market is expected to grow at a CAGR of 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 5,167.2 million |
| Market revenue in 2030 | USD 6,805.3 million |
| Growth rate | 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, U.S. accounted for 38.8% 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 North America, U.S. chronic wound care market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,218.4 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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U.S. 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 34.84% in 2023. Horizon Databook has segmented the U.S. 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 U.S. held the largest share in North America wound care market in 2021. Well-developed healthcare infrastructure, increasing awareness about usage of chronic wound care products, and presence of several key market players are the major drivers of the market.
In addition, increase in number of orthopedic procedures due to high prevalence of sports injuries is also anticipated to drive the market. For instance, as per Plastic Surgery Statistics Report, 5.2 million surgical cases of tumor removal were carried out in 2020, which was 4% more than previous year.
Similarly, there was 23% increase in maxillofacial surgery, along with increase in number of hand surgery across the U.S. in 2020. Hence, such factors are anticipated to propel the market growth in the U.S. 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 country-level data and insights on the U.S. chronic wound care market , including forecasts for subscribers. This country databook contains high-level insights into U.S. chronic wound care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. chronic wound care market size, by product, 2018-2030 (US$M)
U.S. Chronic Wound Care Market Outlook Share, 2023 & 2030 (US$M)
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