Europe Traditional Wound Management Market Size & Outlook
Europe traditional wound management market, 2018-2030 (US$M)
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Europe traditional wound management market highlights
- The Europe traditional wound management market generated a revenue of USD 853.3 million in 2023.
- The market is expected to grow at a CAGR of 3.8% 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, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 853.3 million |
| Market revenue in 2030 | USD 1,107.9 million |
| Growth rate | 3.8% (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 |
| 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, Europe region accounted for 23.3% 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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Europe 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 Europe traditional wound management market based on gauze covering the revenue growth of each sub-segment from 2018 to 2030.
Europe’s traditional wound management market is driven by factors such as presence of well-established healthcare infrastructure, and availability of skilled professionals. Moreover, presence of favorable reimbursement coverage has increased the adoption of surgical procedures.
In addition, increasing geriatric population and rising prevalence of burns & trauma are anticipated to drive the market. Thus, Europe’s traditional wound management market is anticipated to witness significant growth over the forecast period. Wounds are a growing concern in Europe, and treatment involves considerable resources.
Various surveys conducted in the UK have reported that prevalence of wounds is 3 to 4 per 1,000 people. In addition, it is estimated that around 400,000 to 600,000 new cases of diabetic foot ulcers will be diagnosed every year, and approximately 1 million new cases of venous leg ulcers every year.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe traditional wound management market , including forecasts for subscribers. This continent databook contains high-level insights into Europe traditional wound management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe traditional wound management market size, by country, 2018-2030 (US$M)
Europe Traditional Wound Management Market Outlook Share, 2023 & 2030 (US$M)
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