South Korea Wound Care Market Size & Outlook, 2023-2030
South Korea wound care market, 2018-2030 (US$M)
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South Korea wound care market highlights
- The South Korea wound care market generated a revenue of USD 111.4 million in 2023 and is expected to reach USD 139.7 million by 2030.
- The South Korea market is expected to grow at a CAGR of 3.3% from 2024 to 2030.
- In terms of segment, advanced wound dressing was the largest revenue generating product in 2023.
- Advanced Wound Dressing is the most lucrative product segment registering the fastest growth during the forecast period.
Wound care market data book summary
| Market revenue in 2023 | USD 111.4 million |
| Market revenue in 2030 | USD 139.7 million |
| Growth rate | 3.3% (CAGR from 2023 to 2030) |
| Largest segment | Advanced wound dressing |
| Fastest growing segment | Advanced Wound Dressing |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Advanced Wound Dressing, Surgical Wound Care, Traditional Wound Care, Wound Therapy Devices |
| Key market players worldwide | Smith & Nephew PLC, Molnlycke Health Care, ConvaTec Group PLC, Johnson & Johnson, Baxter International Inc, DeRoyal, Coloplast A/S Class B, Medtronic PLC, 3M Co, Integra Lifesciences Holdings Corp, Medline Industries, B. Braun, Cardinal Health Inc, Organogenesis Holdings Inc Class A, MiMedx Group Inc |
Other key industry trends
- In terms of revenue, South Korea accounted for 0.5% of the global wound care market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India wound care 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 934.4 million by 2030.
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Wound Care Market Scope
Wound Care Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea wound care 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 wound care market will help companies and investors design strategic landscapes.
Advanced wound dressing was the largest segment with a revenue share of 35.19% in 2023. Horizon Databook has segmented the South Korea wound care market based on advanced wound dressing, surgical wound care, traditional wound care, wound therapy devices covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Wound Care Product Outlook (Revenue, USD Million, 2018-2030)
- Advanced Wound Dressing
- Foam Dressings
- Hydrocolloid Dressings
- Film Dressings
- Alginate Dressings
- Hydrogel Dressings
- Collagen Dressings
- Other Advanced Dressings
- Surgical Wound Care
- Sutures & Staples
- Tissue Adhesives and Sealants
- Anti-infective Dressing
- Traditional Wound Care
- Medical Tapes
- Cotton
- Bandages
- Gauzes
- Sponges
- Cleansing Agents
- Wound Therapy Devices
- Negative Pressure Wound Therapy
- Oxygen and Hyperbaric Oxygen Equipment
- Electric Stimulation Devices
- Pressure Relief Devices
- Others
- Advanced Wound Dressing
- South Korea Wound Care End-Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals
- Specialty Clinics
- Home Healthcare
- Physician Office
- Nursing Homes
- Others
- South Korea Wound Care Mode of Purchase Outlook (Revenue, USD Million, 2018-2030)
- Prescribed
- Non-prescribed (OTC)
- South Korea Wound Care Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Institutional Sales
- Retail Sales
- South Korea Wound Care Application Outlook (Revenue, USD Million, 2018-2030)
- Acute Wounds
- Surgical & Traumatic Wounds
- Burns
- Chronic Wounds
- Diabetic Foot Ulcers
- Pressure Ulcers
- Venous Leg Ulcers
- Other Chronic Wounds
- Acute Wounds
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Target buyers of South Korea wound care market databook
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Our clientele includes a mix of wound care 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 South Korea wound care market , including forecasts for subscribers. This country databook contains high-level insights into South Korea wound care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea wound care market size, by product, 2018-2030 (US$M)
South Korea Wound Care Market Outlook Share, 2023 & 2030 (US$M)
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