Germany Wound Dressing Market Size & Outlook, 2023-2030
Germany wound dressing market, 2018-2030 (US$M)
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Germany wound dressing market highlights
- The Germany wound dressing market generated a revenue of USD 632.7 million in 2023 and is expected to reach USD 810.9 million by 2030.
- The Germany market is expected to grow at a CAGR of 3.6% from 2024 to 2030.
- In terms of segment, advanced dressings was the largest revenue generating product in 2023.
- Traditional Dressings is the most lucrative product segment registering the fastest growth during the forecast period.
Wound dressing market data book summary
| Market revenue in 2023 | USD 632.7 million |
| Market revenue in 2030 | USD 810.9 million |
| Growth rate | 3.6% (CAGR from 2023 to 2030) |
| Largest segment | Advanced dressings |
| Fastest growing segment | Traditional Dressings |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Germany accounted for 4.5% of the global wound dressing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK wound dressing market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 900.9 million by 2030.
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Wound Dressing Market Scope
Wound Dressing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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.
Advanced dressings was the largest segment with a revenue share of 55.35% in 2023. Horizon Databook has segmented the Germany wound dressing market based on traditional dressings, advanced dressings covering the revenue growth of each sub-segment from 2018 to 2030.
The healthcare facilities in Germany are very advanced in comparison with other European countries owing to which a significant growth rate is expected. For instance, as per the European Commission in 2017, around 84.5% of healthcare expenditure is publicly funded and around 12.5% constitutes out-ofpocket spending.
In addition, increasing demand for various surgical procedures is also anticipated to drive the market. As per European Commission in 2017, Germany has the highest rate of hip replacement surgeries in comparison with other European countries. Hence, Germany wound dressings market is anticipated to witness significant growth rate over the forecast period.
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Our clientele includes a mix of wound dressing market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany wound dressing market , including forecasts for subscribers. This country databook contains high-level insights into Germany wound dressing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany wound dressing market size, by product, 2018-2030 (US$M)
Germany Wound Dressing Market Outlook Share, 2023 & 2030 (US$M)
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