Market Forecast News: Wound Dressings Industry to Hit $15.87B by 2030
The report "Wound Dressings Market by Type [Advanced (Foam, Alginate, Collagen, Hydrogel, Hydrocolloid), Traditional (Tape, Gauze)], Wound Type (Traumatic, Surgical, Diabetic Foot, Venous Leg Ulcer & Burns), End User (Hospital, Clinics, ASCs)-Global Forecast to 2030", is valued at an estimated USD 11.60 billion in 2025. The size is projected to reach USD 15.87 billion by 2030, at a CAGR of 6.5%.
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The growth of the wound dressings market is being driven by several key factors. A rising number of chronic wounds, particularly those associated with conditions such as diabetic foot ulcers, pressure ulcers, and venous leg ulcers, is creating strong demand for advanced wound dressing solutions. Additionally, the increasing incidence of traumatic injuries from accidents and the growing volume of surgical procedures have further emphasized the need for effective and reliable wound dressings. Emerging markets are witnessing improvements in healthcare access and infrastructure, opening up new avenues for the adoption of both traditional and advanced wound dressings. Furthermore, heightened awareness among patients and healthcare professionals regarding wound care and continuous innovation in dressing materials and technologies is expected to support sustained market growth in the coming years.
By type, the advanced wound dressings segment is expected to grow at the fastest rate in the wound dressings market across the forecast period.
Based on type, the wound dressings market is divided into traditional wound dressings and advanced wound dressings. In 2024, the advanced wound dressings segment held the largest market share. This dominance is primarily driven by the rising incidence of chronic conditions such as diabetic ulcers, venous leg ulcers, and pressure ulcers, along with a growing number of surgical procedures, increased patient awareness, and a surge in burn-related injuries. These factors have accelerated the demand for advanced dressings that offer improved healing, infection control, and patient comfort.
By end user, hospitals, ASCs, and clinics segment held the largest share in the wound dressings market in 2024.
In 2024, the hospitals, ASCs, and clinics segment accounted for the largest share of the wound dressings market. This can be attributed to the global rise in chronic wounds, particularly those associated with diabetes, as well as the availability of specialized wound care services and professionals in these settings. The growing need for effective wound management in clinical environments continues to drive the demand for both advanced and traditional wound dressings in this segment.
Europe dominated the global wound dressings market in 2024.
The wound dressings market is segmented into five major segments, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Europe held the largest share of the wound dressings market in 2024 due to a combination of well-established healthcare infrastructure, high healthcare expenditure, and strong adoption of advanced wound dressings as well as traditional dressings. The region has a significant aging population, which is more prone to chronic wounds such as diabetic foot ulcers, pressure ulcers, and venous leg ulcers, driving consistent demand for wound dressings. Additionally, favorable reimbursement policies across major European countries, increased awareness of wound management practices, and the presence of leading market players with strong distribution networks have contributed to the region’s dominant position. Continuous investment in research and innovation, along with strict regulatory standards ensuring product quality and safety, further supports market growth in Europe.
Key Players
Prominent players in the wound dressings market include Solventum (US), Smith+ Nephew (UK), Convatec Group PLC (UK), Coloplast Group (Denmark), Cardinal Health (US), Mölnlycke AB (Sweden), Integra LifeSciences Corporation (US), PAUL HARTMANN AG (Germany), B.Braun SE (Germany), Essity Aktiebolag (Sweden), Advanced Medical Solutions Group plc (UK), Mativ Holdings, Inc. (US), and Owens & Minor (US), among others.
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