North America Wound Closure And Advanced Wound Care Market Size & Outlook
North America wound closure and advanced wound care market, 2018-2030 (US$M)
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North America wound closure and advanced wound care market highlights
- The North America wound closure and advanced wound care market generated a revenue of USD 644.9 million in 2023.
- The market is expected to grow at a CAGR of 4.3% from 2024 to 2030.
- In terms of segment, fibrin-based sealants was the largest revenue generating product in 2023.
- Hydrocolloids-based Sealants is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 644.9 million |
| Market revenue in 2030 | USD 865.1 million |
| Growth rate | 4.3% (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 |
| Key market players worldwide | Smith & Nephew PLC, Molina Healthcare Inc, Acelity, ConvaTec Group PLC, Baxter International Inc, Johnson & Johnson, Coloplast A/S ADR, Medtronic PLC, 3M Co, Medline Industries |
Other key industry trends
- In terms of revenue, North America region accounted for 45.6% of the global wound closure and advanced wound care market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 332.0 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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North America 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 27.79% in 2023. Horizon Databook has segmented the North America 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.
North America dominated the wound closure & advanced wound care market in 2019 and is expected to show a considerable growth rate over the forecast period. Increasing road accidents, sports injuries, and the presence of several key players in the region is anticipated to drive the market growth.
In addition, the presence of adequate skilled professionals and highly developed healthcare infrastructure are also expected to drive the market growth over the forecast period.
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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 continent-level data and insights on the North America wound closure and advanced wound care market , including forecasts for subscribers. This continent databook contains high-level insights into North America wound closure and advanced wound care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America wound closure and advanced wound care market size, by country, 2018-2030 (US$M)
North America Wound Closure And Advanced Wound Care Market Outlook Share, 2023 & 2030 (US$M)
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