Japan Traditional Wound Management Market Size & Outlook
Japan traditional wound management market, 2018-2030 (US$M)
Related Markets
Japan traditional wound management market highlights
- The Japan traditional wound management market generated a revenue of USD 78.3 million in 2023 and is expected to reach USD 111.4 million by 2030.
- The Japan market is expected to grow at a CAGR of 5.2% 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 78.3 million |
| Market revenue in 2030 | USD 111.4 million |
| Growth rate | 5.2% (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, Japan accounted for 2.1% 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 Asia Pacific, India traditional wound management market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 134.8 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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Japan 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 Japan traditional wound management market based on gauze covering the revenue growth of each sub-segment from 2018 to 2030.
Rising geriatric population is one of the major driving factors for the market growth in Japan. According to World Bank, in 2016, Japan had over 26.5% of its population aged over 65 years. As geriatric population are at a higher risk of various diseases and disabilities, increase in geriatric population may propel the demand for traditional wound management products.
In addition, with increasing healthcare spending, the traditional wound management market is expected to register substantial growth in Japan. For instance, in 2008, Japan spent 8.6% of GDP on healthcare, whereas expenditure on healthcare had increased to 10.2% of GDP in 2016.
Furthermore, increase in adoption of advanced products in Japan are expected to fuel the growth of traditional wound management market over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan traditional wound management market , including forecasts for subscribers. This country databook contains high-level insights into Japan traditional wound management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan traditional wound management market size, by type, 2018-2030 (US$M)
Japan Traditional Wound Management Market Outlook Share, 2023 & 2030 (US$M)
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