Surgical Wound Care Market
Get a free sample of this report
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Request Sectional Data
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Surgical Wound Care Market size was valued at USD 6.6 billion in 2023 and is anticipated to grow at a CAGR of around 5.9% between 2024 and 2032. Surgical wound care refers to the management and treatment of wounds that result from surgical procedures. This process involves a series of steps and practices aimed at promoting optimal healing and preventing complications.
For instance, as per estimate, in the U.S., over 4.29 million elective procedures occur monthly, with 46.6% being surgical. Annually, there are 790,000 total knee replacements and 450,000 hip replacements surgical procedures. The number of surgeries is driven by an aging population as most of these procedures are done in geriatric patients. This surge in surgical interventions, from emergencies to elective procedures like joint replacements, fuels the demand for advanced wound care.
Report Attribute | Details |
---|---|
Base Year: | 2023 |
Surgical Wound Care Market size in 2023: | USD 6.6 Billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2023 - 2032 CAGR: | 5.9 |
2023 Value Projection: | USD 11 Billion |
Historical Data for: | 2018 to 2023 |
No of Pages: | 88 |
Tables, Charts & Figures: | 241 |
Segments Covered: | Product Type, Application, End-use, and Region |
Growth Drivers: |
|
Pitfalls Challenges: |
|
Furthermore, the field of surgical wound care has witnessed a significant surge in technological advancements, contributing to the continuous improvement of wound care, which is estimated to reach USD 37.3 billion by 2032.
Trauma resulting from accidents, injuries, or surgical procedures, has been on the rise, contributing significantly to the demand for wound care solutions. The increasing incidence of traumatic injuries necessitates effective wound management strategies to promote swift and optimal healing, reduce complications, and enhance overall patient outcomes.
The market by product type is categorized into sutures & stapler, tissue adhesive and sealants, and anti-infective dressing. The sutures & stapler segment garnered USD 3.6 billion revenue size in the year 2023.
Based on applications, the surgical wound care market unfolds into distinctive domains such as surgical wounds, traumatic wounds, and burns. The surgical wounds segment garnered USD 4.3 billion revenue size in the year 2023.
Based on end-use, the surgical wound care market unfolds its segmentation, encompassing the domains of hospitals, specialty clinics, ambulatory surgical centers, and other end users. The hospital segment held a substantial revenue share in the industry, accounting for 40% in 2023.
U.S. surgical wound care market accounted for USD 1.9 billion revenue size in 2023.
The surgical wound care industry is consolidated, with key players including 3M Company, Ethicon, Inc. (Johnson & Johnson), Medtronic plc, and others dominating the market. These companies focus on ongoing product innovation, geographical expansion, and partnerships to secure substantial market shares. For instance, in October 2019, 3M completed the acquisition of Acelity Inc. and its KCI subsidiaries worldwide.
Some of the eminent market participants operating in the surgical wound care industry include:
Surgical wound care market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2018 to 2032 for the following segments:
By Product Type, 2018 – 2032 (USD Million)
By Application, 2018 – 2032 (USD Million)
By End-use, 2018 – 2032 (USD Million)
The above information is provided for the following regions and countries:
B. Braun Melsungen AG, Ethicon, Inc. (Johnson & Johnson), Medtronic plc, Smith & Nephew plc, M
Market size for surgical wound care was USD 6.6. billion in 2023 and is expected to reach USD 11 billion by 2032 due to the surge in surgical interventions, from emergencies to elective procedures like joint replacements worldwide.
The sutures & stapler product type segment reached USD 3.6 billion in 2023 owing to technological advancements, encompassing improvements in materials, design, and application techniques.
U.S. industry size recorded USD 1.9 billion in 2023 and is expected to register commendable CAGR from 2024-2032 due to the presence of advanced healthcare infrastructure and widespread availability of medical facilities in the region.