Home > Healthcare > Medical Devices > Therapeutic Devices > Topical Wound Agents Market
Topical Wound Agents Market Size
- Report ID: GMI7712
- Published Date: Dec 2023
- Report Format: PDF
Topical Wound Agents Market Size
Topical Wound Agents Market size was valued at USD 1.7 billion in 2023 and is anticipated to grow at a CAGR of over 7.7% between 2024 and 2032. Topical wound agents refer to the management and treatment of wounds using products that are applied directly to the skin surface. The rising prevalence of both chronic and acute wounds functions as a driving factor for the industry gains. For instance, in the U.S., it is estimated that approximately 6 million people suffer from chronic wounds, annually. These wounds includes diabetic foot ulcers and pressure ulcers, venous ulcers, arterial ulcers, among others.
Moreover, the demand for topical wound agents is fueled by factors such as the growing geriatric population base prone to chronic conditions and impaired wound healing. Additionally, increased surgical procedures, surge in awareness regarding appropriate wound care practices, along with the availability of cutting-edge treatments.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Topical Wound Agents Market Size in 2023: | USD 1.7 billion |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 7.7% |
| 2032 Value Projection: | USD 3.4 billion |
| Historical Data for: | 2018 to 2023 |
| No. of Pages: | 196 |
| Tables, Charts & Figures: | 449 |
| Segments covered: | Product, Drug Type, Application, Distribution Channel, End-use, and Region |
| Growth Drivers: |
|
| Pitfalls & Challenges: |
|
Frequently Asked Questions (FAQ) :
Topical Wound Agents Market Scope
