The global active wound care market size was valued at USD 1.12 billion in 2021. It is projected to reach USD 1.68 billion by 2030, growing at a CAGR of 4.6% during the forecast period (2022–2030).
Active wound care aims to restore injured skin tissues and prevent their deterioration in the future. Various procedures are utilized to debride wounds, enhance healing, and prevent future deterioration. These aid in maintaining a hydrated environment, maintaining a constant temperature, allowing the passage of oxygen, protecting the wound from extrinsic infection, and alleviating the pain associated with dressing changes. In addition to hydrocolloids, hydrogels, film and foam dressings, and alginates, advanced wound care products also include hydrogels.
Active wound care solutions, including silver and alginates, can remove excess fluids and prevent wound infections. These goods contain growth factors, commonly known as hormone-like compounds. Additionally, skin grafts and biomaterials are utilized to repair and close more extensive wounds that cannot close on their own. Innovative active wound care products are introduced to benefit patients with wound-related conditions, such as ulcers and diabetes. A rise in diseases with lengthy healing times necessitates innovative wound care technologies for improved treatment.
Active wound care product demand is rising due to several factors, including benefits like shorter hospital stays, which help lower the overall cost of surgical healthcare and a growing need for products that enhance therapeutic outcomes. Additionally, an increase in unmet needs may have been influenced by the rising economic burden of chronic wounds, the prolonged duration of treatment, and the inadequacy of wound dressings and devices in treating chronic wounds. This paves the way for players to enter the active wound care market by creating new products based on regenerative technologies to reduce associated costs and shorten the overall treatment duration. This will raise demand for novel active wound care therapy alternatives and positive treatment outcomes for patients with chronic wounds.
The main market drivers are technology advancements, an aging population, issues related to inadequate traditional wound healing techniques, government initiatives, and the pressing need for quicker and safer chronic wound care. There is significant demand due to the increased financial burden of chronic wounds, which includes direct and indirect therapy costs as well as the prolonged duration of treatment and ineffectiveness of wound dressings and devices in treating chronic wounds. The demand for creative, active wound care therapy alternatives will rise due to this and the successful treatment outcomes for patients with chronic wounds.
It is projected that the increasing prices of advanced wound care products will further impede the expansion of the active wound care market over the period mentioned above. The risks associated with using advanced wound care products pose a hurdle to starting an operational wound care business.
The growing knowledge of adequate wound care management and rising potential in the developing economies will give additional growth prospects for the active wound care industry. It creates a tremendous opportunity for players to enter the market for active wound care by introducing new solutions based on regenerative technology. This will raise demand for creative active wound care therapy alternatives and excellent treatment outcomes for patients with chronic wounds. It is well known and supported by scientific research to treat both acute and chronic wounds with advanced growth factors and biological skin substitutes. The market for active wound care is seeing the introduction of novel bioactive products, and key players are now looking to increase their global presence.
Study Period | 2018-2030 | CAGR | 4.6% |
Historical Period | 2018-2020 | Forecast Period | 2022-2030 |
Base Year | 2021 | Base Year Market Size | USD 1.12 Billion |
Forecast Year | 2030 | Forecast Year Market Size | USD 1.68 Billion |
Largest Market | North America | Fastest Growing Market | Asia-Pacific |
The global wound care market is segmented into four regions, namely North America, Europe, Asia-Pacific, and LAMEA.
North America is the largest global wound care market shareholder and is anticipated to experience significant growth during the forecast period. Due to the increasing occurrence of wounds, the rising economic cost burden, and the government's efforts to shorten the overall treatment period, there is a growing demand for innovative treatment solutions. The number of regulatory approvals for active wound care treatments in the United States, such as skin replacements and growth factors, has increased due to these considerations.
Asia-Pacific's active wound care market is projected to experience the highest CAGR of 5.3% during the forecast period. This can be linked to lifestyle changes increasing the incidence of chronic diseases and a vast population base. The developments in the market are predicted to boost demand for active wound care products to enhance the effectiveness of their treatments. The number of surgical procedures has also increased in this area due to the rise in medical tourism.
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The global active wound care market is segmented by product, application, and end-user.
Based on product, the market is segmented into biomaterials, skin substitutes, and growth factors.
The biomaterials segment dominates the market due to rapid technological breakthroughs, including biomaterials for wound healing therapies. These wound care solutions contain both synthetic and natural ingredients that promote wound healing and tissue regeneration. In addition, a spike in research and development activities and consistent product launches by critical competitors are adding to the segment's expansion. The category of skin substitutes is anticipated to grow with a CAGR of 6%. Skin substitutes are tissue-engineered items that temporarily or permanently replace the form and function of the skin. Advanced skin substitutes are now frequently used for deep and chronic wounds because they can prevent infection, control body fluid loss, reduce the inflammatory response and subsequent scarring, and protect the healing wound by acting as a covering. In addition, tissue-engineered skin substitutes are an excellent solution to the absence of donor skin grafts. Technological advancements in developing skin substitutes, such as synthetic collagen laminates and products derived from tissue culture, are among the factors anticipated to contribute to segment growth.
Based on application, the market is segmented into chronic wounds and acute wounds.
The chronic wounds segment dominates the market during the forecast period. The rising incidence of diabetic foot ulcers, pressure ulcers, venous leg ulcers, and other chronic wounds is anticipated to fuel category expansion. Around 26% of diabetics may develop diabetic foot ulcers, and 21% of patients may end up needing to have their feet amputated, according to ScienceDirect. The acute wounds market sector is anticipated to grow at a significant CAGR of 5% during the forecast period. The rising incidence of various types of traumatic wounds and burns is the primary driver driving the category. According to a report on ScienceDirect, about 195,000 people in Indonesia per year pass away from burns. It is anticipated that the rising rate of burn injuries will result in significant growth in the global wound care market.