Global Wound Closure And Advanced Wound Care Market Size & Outlook
Global wound closure and advanced wound care market, 2018-2030 (US$M)
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Global wound closure and advanced wound care market highlights
- The global wound closure and advanced wound care market generated a revenue of USD 1,415.3 million in 2023 and is expected to reach USD 1,893.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.2% by 2030.
- In terms of segment, fibrin-based sealants accounted for a revenue of USD 394.8 million in 2023.
- Hydrocolloids-based Sealants is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,415.3 million |
| Market revenue in 2030 | USD 1,893.0 million |
| Growth rate | 4.2% (CAGR from 2023 to 2030) |
| Largest segment | Fibrin-based sealants |
| Fastest growing segment | Hydrocolloids-based Sealants |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fibrin-based Sealants, Collagen-based Sealants, Hydrocolloids-based Sealants, Synthetic Adhesives |
Other key industry trends
- In terms of revenue, the North America accounted for 45.6% of the global wound closure and advanced wound care market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Kuwait is the fastest growing regional market and is projected to reach USD 2.3 million by 2030.
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Wound Closure And Advanced Wound Care Market Scope
Wound Closure And Advanced Wound Care Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global wound closure and advanced 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 closure and advanced wound care market will help companies and investors design strategic landscapes.
Fibrin-based sealants was the largest segment with a revenue share of 27.9% in 2023. Horizon Databook has segmented the Global wound closure and advanced wound care market based on fibrin-based sealants, collagen-based sealants, hydrocolloids-based sealants, synthetic adhesives covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of wound closure and advanced wound care market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global wound closure and advanced wound care market , including forecasts for subscribers. This global databook contains high-level insights into Global wound closure and advanced wound care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global wound closure and advanced wound care market size, by regions, 2018-2030 (US$M)
Top 10 countries: Wound closure and advanced wound care market size, 2023 (US$M)
Global wound closure and advanced wound care market share, by product, 2023 & 2030 (%, US$M)
Wound closure and advanced wound care market: Opportunity assessment by country
Global wound closure and advanced wound care market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 518.6 | 541.2 | 440.8 | 525.4 | 616.9 | 644.9 | 674.5 | 705.7 | 738.8 | 773.6 | 802.2 | 833.7 | 865.1 | 4.3% |
| Europe | 300.8 | 312.8 | 253.9 | 301.6 | 352.9 | 367.6 | 383.1 | 399.5 | 416.7 | 434.8 | 449.3 | 465.3 | 481.1 | 3.9% |
| Asia Pacific | 186.8 | 196.0 | 160.5 | 192.4 | 227.1 | 238.7 | 250.9 | 264.0 | 277.7 | 292.4 | 304.8 | 318.3 | 332.0 | 4.8% |
| Latin America | 88.3 | 92.4 | 75.5 | 90.3 | 106.4 | 111.6 | 117.0 | 122.8 | 129.0 | 135.5 | 140.9 | 146.9 | 152.9 | 4.6% |
| MEA | 45.9 | 47.2 | 37.8 | 44.3 | 51.1 | 52.5 | 54.0 | 55.5 | 57.0 | 58.6 | 59.7 | 60.8 | 61.9 | 2.4% |
| Overall | 1,140.4 | 1,189.7 | 968.6 | 1,153.9 | 1,354.3 | 1,415.3 | 1,479.6 | 1,547.5 | 1,619.2 | 1,695.0 | 1,756.8 | 1,824.9 | 1,893.0 | 4.2% |
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