Europe Wound Care Market

The Europe wound care market is estimated to grow from USD 6.98 billion in 2026 to USD 9.33 billion by 2031, at a CAGR of 6.0%. Wound care products play an important role in treating various types of wounds by supporting natural healing and serving as a protective barrier against infection. These products include innovative, surgical, and traditional wound care products, leading to efficient outcomes. Wound care products are accessible and are used in hospitals and clinics, long-term care settings, and in-home care settings.

• In March 2025, Convatec Group PLC (UK) and the Wound, Ostomy and Continence Nurses Society (US) collaborated to launch two free educational programs to improve ostomy care knowledge for healthcare professionals.
• In October 2024, Mölnlycke AB (Sweden) acquired P.G.F. Industry Solutions, the manufacturer of Granudacyn wound cleansing and moistening solutions. The acquisition strengthened Mölnlycke’s wound care portfolio and expanded Granudacyn's distribution network, which is now available in over 50 countries.

Companies such as Solventum (US), Smith+ Nephew (UK), Convatec Group PLC (UK), Coloplast Group (Denmark), Cardinal Health (US), Mölnlycke AB (Sweden), PAUL HARTMANN AG (Germany), B.Braun SE (Germany), and Essity Aktiebolag (Sweden), among others, have adopted various strategies to expand their offerings and increase market share. These strategies include collaborations, acquisitions, new product development, and contractual agreements, among other approaches.

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Smith+Nephew (UK)

The company provides a diverse range of products in the field of wound care, including advanced dressings and NPWT systems. The company has an impressive presence in the global market, primarily due to its well-organized distribution channel. Because the company operates globally and offers essential products, it plays a crucial role in improving access to quality healthcare in both developed and developing regions. Due to the recent intensification of its efforts in the research and development department, the company has been able to produce even better products. As a result, it has carved out a niche name in the Europe wound care market.
 
Solventum (US)

Immediately after its April 2024 spinoff from 3M, Solventum was on a journey to remain an independent company. While it had enjoyed the resource base of 3M and its brand awareness, it embarked on establishing its own path. The company designs, manufactures, and markets a broad array of products that help address the needs of patients and healthcare professionals alike. Its activities are organized into four strategic business units: MedSurg, Dental Solutions, Health Information Systems, and Purification & Filtration. Solventum is focusing on growth in its businesses through innovation and strategic expansion. The company enhances its competitive position by combining materials science with digital technologies, driving better clinical and economic outcomes for healthcare systems.

Market Ranking

Smith+Nephew (UK), Mölnlycke (Sweden), Paul Hartmann (Germany), Solventum (US), and ConvaTec (UK) are notable players in the wound care products market, primarily due to their wide range of products, strong clinical focus, and innovation in advanced wound care. Smith+Nephew has a strong foothold with its comprehensive wound care product franchise, which includes advanced dressings, negative pressure therapy systems, and debridement products that address the treatment requirements of chronic and complex wounds. Mölnlycke boasts innovation and development in advanced dressing products and infection prevention products that support healing and comfortable healing outcomes for a wide range of acute and chronic wounds. Paul Hartmann offers support for a wide range of wound care requirements, including advanced dressing products, skin protection products, and infection risk management products that standardize care in hospital and community settings. Solventum offers a wide range of products related to exudate management and infection prevention that address the difficulties in healing a wide range of hard-to-heal wounds. ConvaTec offers a wide range of products, such as its dressing products, that address the requirements of a wide range of chronic wounds.

Related Reports:

Europe Wound Care Market by Product [Dressings (Foam, Hydrocolloid, Collagen), Devices (NPWT, Debridement), Biological Skin Substitutes, Sutures, Staplers], Wound [Chronic, Acute], End User [Hospitals, Clinics, Home Care] -Forecast to 2031

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