Asia Pacific Traditional Wound Management Market Size & Outlook
Asia Pacific traditional wound management market, 2018-2030 (US$M)
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Asia Pacific traditional wound management market highlights
- The Asia Pacific traditional wound management market generated a revenue of USD 1,038.9 million in 2023.
- The market is expected to grow at a CAGR of 4.6% from 2024 to 2030.
- In terms of segment, gauze was the largest revenue generating type in 2023.
- Gauze is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 1,038.9 million |
| Market revenue in 2030 | USD 1,424.5 million |
| Growth rate | 4.6% (CAGR from 2023 to 2030) |
| Largest segment | Gauze |
| Fastest growing segment | Gauze |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gauze, Tapes |
| Key market players worldwide | 3M Co, ConvaTec Group PLC, DeRoyal, Hollister, Integra Lifesciences Holdings Corp, Coloplast A/S Class B, Medtronic PLC, Molnlycke Health Care, Smith & Nephew PLC, B. Braun, Johnson & Johnson |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 28.4% of the global traditional wound management 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 1,424.5 million by 2030.
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Traditional Wound Management Market Scope
Traditional Wound Management Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific traditional wound management 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 traditional wound management market will help companies and investors design strategic landscapes.
Gauze was the largest segment with a revenue share of 50% in 2023. Horizon Databook has segmented the Asia Pacific traditional wound management market based on gauze, tapes covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific traditional wound management market is anticipated to witness fastest growth over the forecast period. Presence of developing countries such as China, and Japan is anticipated to boost the market growth in Asia Pacific region. In addition, rapidly growing medical tourism industry in these countries can also be attributed to the increase in demand for traditional wound management products in this region.
For instance, as per the report on Export Health Services by Directorate-General of Commercial Intelligence and Statistics of India, in 2015-2016, India had 58,300 medical tourists on medical visas.
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Target buyers of Asia Pacific traditional wound management market databook
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Our clientele includes a mix of traditional wound management 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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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 continent-level data and insights on the Asia Pacific traditional wound management market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific traditional wound management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific traditional wound management market size, by country, 2018-2030 (US$M)
Asia Pacific Traditional Wound Management Market Outlook Share, 2023 & 2030 (US$M)
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