U.S. Traditional Wound Management Market Size & Outlook
U.S. traditional wound management market, 2018-2030 (US$M)
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U.S. traditional wound management market highlights
- The U.S. traditional wound management market generated a revenue of USD 1,198.2 million in 2023 and is expected to reach USD 1,469.9 million by 2030.
- The U.S. market is expected to grow at a CAGR of 3% 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 1,198.2 million |
| Market revenue in 2030 | USD 1,469.9 million |
| Growth rate | 3% (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, U.S. accounted for 32.7% 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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U.S. 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 U.S. traditional wound management market based on gauze covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. held the largest share in North America traditional wound management in 2020. Well-developed healthcare infrastructure, increasing awareness about usage of wound care products, and presence of several key market players are major market drivers.
In addition, increase in number of orthopedic procedures due to high prevalence of sports injuries and road accidents is anticipated to drive the market. For instance, as per the nonprofit National Safety Council, in 2020, around 42,060 people died in road accidents in the U.S., which depicts an 8% increase from 2019.
Furthermore, according to CDC, road traffic accidents are one of the leading causes of death in the U.S. in people aged between 1 year and 54 years. Such factors are anticipated to propel the U.S. market 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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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 country-level data and insights on the U.S. traditional wound management market , including forecasts for subscribers. This country databook contains high-level insights into U.S. traditional wound management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. traditional wound management market size, by type, 2018-2030 (US$M)
U.S. Traditional Wound Management Market Outlook Share, 2023 & 2030 (US$M)
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