Japan Wound Dressing Market Size & Outlook, 2023-2030
Japan wound dressing market, 2018-2030 (US$M)
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Japan wound dressing market highlights
- The Japan wound dressing market generated a revenue of USD 342.2 million in 2023 and is expected to reach USD 492.4 million by 2030.
- The Japan market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
- In terms of segment, advanced 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.
Wound dressing market data book summary
| Market revenue in 2023 | USD 342.2 million |
| Market revenue in 2030 | USD 492.4 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Advanced dressings |
| Fastest growing segment | Advanced 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, Japan accounted for 2.4% 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 Asia Pacific, India wound dressing 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 595.7 million by 2030.
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Wound Dressing Market Scope
Wound Dressing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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 54.56% in 2023. Horizon Databook has segmented the Japan wound dressing market based on traditional dressings, advanced dressings covering the revenue growth of each sub-segment from 2018 to 2030.
Rising geriatric population is one of the major driving factors for the market growth in Japan. According to World Bank, in 2016, Japan had over 26.5% of its population aged over 65 years. As geriatric population are at a higher risk of various diseases and disabilities, increase in geriatric population may propel the demand for wound dressing products.
In addition, with increasing healthcare spending, the wound dressings market is expected to register substantial growth in Japan. For instance, in 2008, Japan spent 8.6% of GDP on healthcare, whereas expenditure on healthcare had increased to 10.2% of GDP in 2015. Furthermore, increase in adoption of advanced products in Japan are expected to fuel the growth of wound dressings market over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan wound dressing market , including forecasts for subscribers. This country databook contains high-level insights into Japan wound dressing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan wound dressing market size, by product, 2018-2030 (US$M)
Japan Wound Dressing Market Outlook Share, 2023 & 2030 (US$M)
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