Germany Traditional Wound Management Market Size & Outlook
Germany traditional wound management market, 2018-2030 (US$M)
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Germany traditional wound management market highlights
- The Germany traditional wound management market generated a revenue of USD 145.5 million in 2023 and is expected to reach USD 186.7 million by 2030.
- The Germany market is expected to grow at a CAGR of 3.6% 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.
Traditional wound management market data book summary
| Market revenue in 2023 | USD 145.5 million |
| Market revenue in 2030 | USD 186.7 million |
| Growth rate | 3.6% (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, Germany accounted for 4.0% 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 Europe, UK traditional wound management market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 207.4 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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Germany 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 Germany traditional wound management market based on gauze covering the revenue growth of each sub-segment from 2018 to 2030.
The diagnosis and treatment of chronic wounds is a major challenge in various disciplines of medicine, due to which, the board of the German Wound Association, an initiative for Chronic Wounds (CW), has been defining various terms and procedures related to wounds, such as easy-to-remember algorithm ABCDE rule for treatment of chronic wounds.
In addition, the 26th Conference of the European Wound Management Association (EWMA) was held in Germany. Thus, increasing government initiatives, awareness initiatives by various organizations, and rising number of chronic wounds are expected to drive the market.
For instance, as per an article published in EWMA Journal, in Germany, more than 4.5 million people are treated for chronic wounds every year, costing around USD 5 billion.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany traditional wound management market , including forecasts for subscribers. This country databook contains high-level insights into Germany traditional wound management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany traditional wound management market size, by type, 2018-2030 (US$M)
Germany Traditional Wound Management Market Outlook Share, 2023 & 2030 (US$M)
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