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Surgical Wound Care Market Size
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 Attributes | Details |
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Base Year: | 2023 |
Market Size in 2023: | USD 6.6 Billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 5.9% |
2032 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: |
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Pitfalls & Challenges: |
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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.
Surgical Wound Care Market Trends
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.
- For instance, the World Health Organization (WHO) states that each year, approximately 1.19 million individuals lose their lives due to road traffic crashes, with an additional 20 to 50 million people experiencing non-fatal injuries.
- Furthermore, the National Institutes of Health (NIH) highlights trauma as a leading contributor to global mortality, accounting for over 5 million fatalities. Additionally, nearly 1 billion individuals seek medical attention for injuries each year.
- As healthcare systems continue to grapple with the escalating burden of trauma cases, there is a growing emphasis on the development and adoption of innovative surgical wound care products and therapies to address the diverse and complex needs of trauma patients.
Surgical Wound Care Market Analysis
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.
- This dominance is reinforced by technological advancements in these products, encompassing improvements in materials, design, and application techniques, thereby enhancing their performance and promoting a minimally invasive approach.
- The global increase in surgical procedures, driven by factors such as the prevalence of chronic diseases and age-related conditions.
- The segment also benefits from favorable market dynamics, including supportive reimbursement policies and an increased focus on patient outcomes and safety, creating an environment conducive to its continued success in the industry.
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.
- Its ascendancy is attributed to the escalating number of surgical procedures worldwide, emphasizing the need for specialized wound care solutions tailored to post-surgical recovery.
- Surgeons and healthcare professionals prioritize advanced products that can ensure optimal healing and minimize infection risks in the context of surgical wounds.
- Furthermore, the market's focus on patient outcomes and safety has heightened awareness regarding the importance of specialized care for surgical wounds.
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.
- Hospitals are staffed with specialized wound care healthcare professionals tasked with assessing, treating, and overseeing various types of surgical wounds.
- Additionally, hospitals typically uphold a substantial inventory of advanced wound care products, encompassing specialized dressings, negative pressure wound therapy, and other innovative tools for comprehensive wound management.
- This diverse array enables healthcare workers to select the most appropriate and effective dressing customized to meet the unique requirements of each patient.
U.S. surgical wound care market accounted for USD 1.9 billion revenue size in 2023.
- The country's advanced healthcare infrastructure and widespread availability of medical facilities contribute to a high volume of surgical procedures, stimulating the demand for surgical wound care products.
- The U.S. stands out for its commitment to technological innovation and medical research, leading to the development and adoption of cutting-edge surgical wound care solutions.
- A patient-centric approach to healthcare, coupled with a growing awareness of the significance of specialized wound management, further propels the demand for high-quality products in surgical settings.
Surgical Wound Care Market Share
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.
Surgical Wound Care Market Companies
Some of the eminent market participants operating in the surgical wound care industry include:
- B. Braun Melsungen AG
- Ethicon, Inc. (Johnson & Johnson)
- Medtronic plc
- Smith & Nephew plc
- Mölnlycke Health Care AB
- Baxter International Inc.
- 3M Company
- ConvaTec Group plc
- URGO Medical
- Coloplast A/S
- Derma Sciences Inc. (Integra LifeScience Holdings Corporation)
- Medline Industries, LP
- Advancis Medical
Surgical Wound Care Industry News:
- In July 2023, Coloplast announced the acquisition of the fish skin wound care company Kerecis to expand wound care offerings. This strategic acquisition increased the advanced wound care product portfolio of the company.
- In April 2023, both 3M Veraflo Cleanse Choice Complete dressing and 3M V.A.C. Veraflo Cleanse Choice dressing received the first-ever FDA clearance for hydromechanical removal of wound debris. This FDA clearance helped the company to enhance their manufacturing and sales of their products.
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: Click here to Buy Section of this Report
By Product Type, 2018 – 2032 (USD Million)
- Sutures & stapler
- Tissue adhesive and sealants
- Anti-infective dressing
By Application, 2018 – 2032 (USD Million)
- Surgical wounds
- Traumatic wounds
- Burns
By End-use, 2018 – 2032 (USD Million)
- Hospitals
- Specialty clinics
- Ambulatory surgical centers
- Other end-users
The above information is provided for the following regions and countries:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Czech Republic
- Hungary
- Denmark
- The Netherlands
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- UAE
- Rest of Middle East & Africa
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