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)
Related Markets
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 2023 | USD 3,487.3 million |
| Market revenue in 2030 | USD 4,586.6 million |
| Growth rate | 4% (CAGR from 2023 to 2030) |
| Largest segment | Negative pressure wound therapy |
| Fastest growing segment | Negative Pressure Wound Therapy |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Negative 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.
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Wound Therapy Devices Market Scope
Wound therapy devices market segmentation & scope
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
- Chronic Wounds
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Our clientele includes a mix of wound therapy devices market companies, investment firms, advisory firms & academic institutions.
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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.
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Global wound therapy devices market statistics, by region, 2018-2030 (US$M)
Top 10 countries: Wound therapy devices market size, 2023 (USD Million)
Top 10 countries: Wound therapy devices market size, 2023 (USD Million)
Global wound therapy devices market, by region, 2023 (US$M)
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