Global Wound Therapy Devices Market Size & Outlook

The wound therapy devices industry worldwide is expected to reach a projected revenue of US$ 4,586.6 million by 2030. A compound annual growth rate of 4% is expected of the worldwide wound therapy devices industry from 2024 to 2030.
Revenue, 2023 (US$M)
$3,487.3
Forecast, 2030 (US$M)
$4,586.6
CAGR, 2024 - 2030
4%
Report Coverage
Worldwide

Global wound therapy devices market, 2018-2030 (US$M)

Global wound therapy devices market highlights

  • The global wound therapy devices market generated a revenue of USD 3,487.3 million in 2023 and is expected to reach USD 4,586.6 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 4% by 2030.
  • In terms of segment, negative pressure wound therapy accounted for a revenue of USD 1,511.0 million in 2023.
  • Negative Pressure Wound Therapy 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 2023USD 3,487.3 million
Market revenue in 2030USD 4,586.6 million
Growth rate4% (CAGR from 2023 to 2030)
Largest segmentNegative pressure wound therapy
Fastest growing segmentNegative Pressure Wound Therapy
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationNegative Pressure Wound Therapy, Oxygen and Hyperbaric Oxygen Equipment, Electric Stimulation Devices, Pressure Relief Devices, Other Products

Other key industry trends

  • In terms of revenue, the North America accounted for 45.5% of the global wound therapy devices 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 6.9 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Wound Therapy Devices Market Companies

Name Profile # Employees HQ Website

Global wound therapy devices 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 therapy devices market will help companies and investors design strategic landscapes.


Negative pressure wound therapy was the largest segment with a revenue share of 43.33% in 2023. Horizon Databook has segmented the Global wound therapy devices market based on negative pressure wound therapy, oxygen and hyperbaric oxygen equipment, electric stimulation devices, pressure relief devices, other products covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Wound Therapy Devices Product Outlook (Revenue, USD Million, 2018-2030)
    • Negative Pressure Wound Therapy
    • Oxygen and Hyperbaric Oxygen Equipment
    • Electric Stimulation Devices
    • Pressure Relief Devices
    • Other Products
  • Global Wound Therapy Devices End Use Outlook (Revenue, USD Million, 2018-2030)
    • Hospitals
    • Specialty Clinics
    • Home Healthcare
    • Other End Use
  • Global Wound Therapy Devices Application Outlook (Revenue, USD Million, 2018-2030)
    • Chronic Wounds
      • Diabetic Foot Ulcers
      • Pressure Ulcers
      • Venous Leg Ulcers
      • Other Chronic Wounds
    • Acute Wounds
      • Surgical & Traumatic Wounds
      • Burns

Reasons to subscribe to Global wound therapy devices market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Global wound therapy devices market databook

  • Our clientele includes a mix of wound therapy devices market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global wound therapy devices market , including forecasts for subscribers. This global databook contains high-level insights into Global wound therapy devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Global wound therapy devices market size, by region, 2018-2030 (US$M)

Top 10 countries: Wound therapy devices market size, 2023 (US$M)

Global wound therapy devices market share, by product, 2023 & 2030 (%, US$M)

Wound therapy devices market: Opportunity assessment by country

Global wound therapy devices market, by region, 2023 (US$M)

Global wound therapy devices market size, by region, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more