Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 13.94 Billion | USD 21.15 Billion | 4.26% | 2024 |
FrequentlyAsked Questions
Chronic wound care is the management and treatment of wounds that do not heal through the normal stages of wound healing in the expected timeframe, typically defined as wounds that are more than 30 days old.
The chronic wound care market is expected to be driven by the increasing prevalence of chronic diseases like diabetes and obesity, the rising geriatric population, technological advancements in wound care products, growing awareness of specialized wound treatment, and expanding home healthcare services.
According to our study, the global chronic wound care market was worth around USD 13.94 billion in 2024 and is predicted to grow to around USD 21.15 billion by 2034.
The CAGR value of the chronic wound care market is expected to be around 4.26% during 2025-2034.
The global chronic wound care market will register the highest growth in North America during the forecast period.
Key players in the chronic wound care market include Smith & Nephew plc, 3M Company, Mölnlycke Health Care AB, ConvaTec Group plc, Coloplast A/S, B. Braun Melsungen AG, Medtronic plc, Johnson & Johnson, Paul Hartmann AG, Cardinal Health, Inc., Organogenesis Holdings Inc., Integra LifeSciences Corporation, Essity AB (BSN Medical), Acelity L.P. Inc. (acquired by 3M), and Hollister Incorporated.
The report provides a comprehensive analysis of the chronic wound care market, including an in-depth discussion of market drivers, restraints, emerging trends, regional dynamics, and future growth opportunities. It also examines competitive dynamics, technological innovations, and the evolving landscape of wound care products, treatment protocols, and care delivery models shaping the chronic wound management ecosystem.
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