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Surgical Wound Care Market Size

Report ID: GMI7757
Published Date: Dec 2023
Report Format: PDF

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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.

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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.

Surgical Wound Care Market Report Attributes
Report Attribute	Details
Base Year:	2023
Surgical Wound Care 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:	Increasing number of surgical procedures Growing technological advancements in surgical wound care products Rise in number of trauma cases Increasing incidences of chronic diseases
Pitfalls & Challenges:	Lack of trained physicians in underdeveloped economies Stringent regulatory scenario

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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.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

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.

B. Braun Melsungen AG, Ethicon, Inc. (Johnson & Johnson), Medtronic plc, Smith & Nephew plc, Mölnlycke Health Care AB, Baxter International Inc., 3M Company, and ConvaTec Group plc are some of the major surgical wound care companies worldwide.