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$12 Billion Worldwide Advanced Wound Care Products Industry to 2027 - Key Market Trends and Drivers -

September 9, 2021 GMT

DUBLIN--(BUSINESS WIRE)--Sep 9, 2021--

The “Advanced Wound Care Products - Global Market Trajectory & Analytics” report has been added to’s offering.

Amid the COVID-19 crisis, the global market for Advanced Wound Care Products estimated at US$12 Billion in the year 2020, is projected to reach a revised size of US$18.7 Billion by 2027, growing at a CAGR of 6.6% over the analysis period 2020-2027.

NPWT, one of the segments analyzed in the report, is projected to record a 6% CAGR and reach US$3.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Foam Dressings segment is readjusted to a revised 7.1% CAGR for the next 7-year period.


The U.S. Market is Estimated at $3.2 Billion, While China is Forecast to Grow at 10% CAGR

The Advanced Wound Care Products market in the U.S. is estimated at US$3.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$4 Billion by the year 2027 trailing a CAGR of 10% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.6% and 5.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR.

Antimicrobial Dressings Segment to Record 7.8% CAGR

In the global Antimicrobial Dressings segment, USA, Canada, Japan, China and Europe will drive the 7.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.1 Billion in the year 2020 will reach a projected size of US$1.8 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.6 Billion by the year 2027, while Latin America will expand at a 9.2% CAGR through the analysis period.

Select Competitors (Total 65 Featured):

  • 3M Healthcare
  • Acelity LP
  • Cardinal Health
  • Coloplast A/S
  • Conmed Corporation
  • ConvaTec Inc.
  • Hollister Wound Care
  • Medline Industries Inc.
  • Molnlycke Health Care AB
  • Organogenesis Inc.
  • Paul Hartmann AG
  • Smith & Nephew Plc

Key Topics Covered:





  • Influencer Market Insights
  • World Market Trajectories
  • Advanced Wound Care - An Expanding Treatment Paradigm for Acute And Chronic Wounds
  • Current and Future Analysis
  • Healthcare Burden of Chronic Wounds
  • Prevalence and Incidence of Wounds - Select Statistics
  • Chronic Wounds: Select Statistics
  • Recent Market Activity
  • Rising Awareness Buoys Market Growth
  • Growing Incidence of Hard to Heal Wounds - A Key Growth Driver
  • Stalled Wounds: A Growing Area of Concern
  • Rise in Prevalence of Pressure Ulcers and the Growing Focus on Treatment Solutions
  • Smaller Companies and Startups Gain Investors
  • The New Paradigm of “Collaboration”
  • Growing Focus on Reducing Hospital Stays Lends Traction
  • Reduced Economic Cost of Wound Care Triggers Transition to Advanced Products
  • Impact of Covid-19 and a Looming Global Recession



  • Understanding the Wound - A Widening Area of Interest
  • Smart” Dressings Set the Road to Futuristic Wound Care
  • New Wound Dressings Gain Traction
  • Combination Dressings - An Attractive Segment
  • Technological Advancements Remain Buoyant
  • Diabetic Foot Ulcers - An Expanding Area of Focus
  • Hospital Acquired Infections Boost Demand
  • Growing Acceptance of Moist Wound Environment Spurs Demand for Moist Wound Dressings
  • Hydrocolloid Dressings Face Deceleration
  • Alginate Dressings Post Strong Growth
  • Superficial Wounds - Key Application Area of Film Dressings
  • Foams - A Leading Advanced Wound Care Dressing
  • Hydrogel Dressings - A Niche Segment of the Market
  • Antimicrobial Dressings - A Growing Market
  • Silver Antimicrobial Dressings
  • Active Therapies - Strong Potential for Growth
  • Tissue Engineering in Wound Care
  • Collagen Wound Dressings
  • Wound Management Market and Cellular Growth Factors
  • Growth Factors for Wound Management - A Snapshot
  • Negative Pressure Wound Therapy - A High Potential Solution
  • Use of Single-use NPWT Devices Drives Adoption in Homecare Settings
  • Research Grows on Development of New Material for Wound Fillers
  • NPWT Systems for Remote Monitoring - A Futuristic Development
  • Improvement in General economy and Healthcare Spending Bodes Well for Market Growth
  • Expanding Aging Population Spurs Demand
  • Rising Prevalence of Diabetes Fuels Growth
  • Increasing Obesity Levels Underpins Market Growth




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SOURCE: Research and Markets

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PUB: 09/09/2021 12:36 PM/DISC: 09/09/2021 12:36 PM