Home > Healthcare > Pharmaceuticals > Finished Drug Form > Wound Care Market
Wound Care Market size was valued at USD 21.2 billion in 2022 and is estimated to witness 5.9% CAGR from 2023 to 2032. Wound care dressings refer to material that is applied directly to a wound to facilitate the healing process and protect the injured area. The increasing incidence of burn injuries is one of the major factors driving the demand for wound care dressings.
For instance, according to the WHO, an estimated 180,000 deaths occur annually due to burns, with the majority of these deaths occurring in low- and middle-income countries. Furthermore, the growing prevalence of diabetes worldwide is a significant factor contributing to delayed wound healing. Moreover, about 15-25% of people with diabetes will develop a foot ulcer at some point in their lives, and these ulcers can be challenging to heal. Diabetic foot ulcers and pressure ulcers are a common complication and are a major cause of hospital admissions in people with diabetes.
Report Attribute | Details |
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Base Year: | 2022 |
Wound Care Market Size in 2022: | USD 21.2 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 5.9% |
2032 Value Projection: | USD 37.3 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 250 |
Tables, Charts & Figures: | 889 |
Segments covered: | Product, Application, End-use, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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