Asia Pacific Wound Dressing Market Size & Outlook
Asia Pacific wound dressing market, 2018-2030 (US$M)
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Asia Pacific wound dressing market highlights
- The Asia Pacific wound dressing market generated a revenue of USD 2,270.8 million in 2023.
- The market is expected to grow at a CAGR of 4.8% from 2024 to 2030.
- In terms of segment, traditional dressings was the largest revenue generating product in 2023.
- Advanced Dressings is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 2,270.8 million |
| Market revenue in 2030 | USD 3,148.3 million |
| Growth rate | 4.8% (CAGR from 2023 to 2030) |
| Largest segment | Traditional dressings |
| Fastest growing segment | Advanced Dressings |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Traditional Dressings, Advanced Dressings |
| Key market players worldwide | Smith & Nephew PLC, ConvaTec Group PLC, Johnson & Johnson, Coloplast A/S ADR, URGO, 3M Co, Integra LifeSciences, Paul Hartmann, Medline Industries, Brightwake, Bombay Dyeing, Molnlycke Health Care, Dr. Ausbüttel & Co. |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 16.0% of the global wound dressing 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 3,148.3 million by 2030.
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Wound Dressing Market Scope
Wound Dressing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific wound dressing 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 dressing market will help companies and investors design strategic landscapes.
Traditional dressings was the largest segment with a revenue share of 50.61% in 2023. Horizon Databook has segmented the Asia Pacific wound dressing market based on traditional dressings, advanced dressings covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific wound dressings market is anticipated to witness fastest growth over the forecast period. Presence of developing countries such as China, India, and Japan is anticipated to boost the market growth in Asia Pacific region.
In addition, rapidly growing medical tourism industry in these countries can also be attributed to the increase in demand for wound dressing products in this region. For instance, as per the report on Export Health Services by Directorate-General of Commercial Intelligence and Statistics of India, in 2015-2016, India had 58,300 medical tourists on medical visas.
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Target buyers of Asia Pacific wound dressing market databook
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Our clientele includes a mix of wound dressing 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 continent-level data and insights on the Asia Pacific wound dressing market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific wound dressing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific wound dressing market size, by country, 2018-2030 (US$M)
Asia Pacific Wound Dressing Market Outlook Share, 2023 & 2030 (US$M)
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