Canada Traditional Wound Management Market Size & Outlook
Canada traditional wound management market, 2018-2030 (US$M)
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Canada traditional wound management market highlights
- The Canada traditional wound management market generated a revenue of USD 206.2 million in 2023 and is expected to reach USD 263.2 million by 2030.
- The Canada market is expected to grow at a CAGR of 3.5% 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.
Traditional wound management market data book summary
| Market revenue in 2023 | USD 206.2 million |
| Market revenue in 2030 | USD 263.2 million |
| Growth rate | 3.5% (CAGR from 2023 to 2030) |
| Largest segment | Gauze |
| Fastest growing segment | Gauze |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gauze |
| 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, Canada accounted for 5.6% of the global traditional wound management 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. traditional wound management 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 263.2 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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Canada 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 100% in 2023. Horizon Databook has segmented the Canada traditional wound management market based on gauze covering the revenue growth of each sub-segment from 2018 to 2030.
Canada is a rapidly developing market for traditional wound management products owing to rising geriatric population, increasing government funding, and favorable reimbursement policies. In Canada, a major part of healthcare is publicly funded, which has led to advancements in healthcare facilities, which are expected to propel the country’s market.
Moreover, as per a survey by the Canadian Medical Association in 2017, the number of surgeons has been rapidly increasing in the country, which indicates a rise in number of surgical procedures. These factors are, thus, anticipated to drive the demand for traditional wound management products in Canada over the forecast period.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Canada traditional wound management market , including forecasts for subscribers. This country databook contains high-level insights into Canada traditional wound management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada traditional wound management market size, by type, 2018-2030 (US$M)
Canada Traditional Wound Management Market Outlook Share, 2023 & 2030 (US$M)
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