Wound Dressing Market Size To Reach $18.86 Billion By 2030

Wound Dressing Market Growth & Trends 

The global wound dressing market size is estimated to reach USD 18.86 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 4.16% from 2024 to 2030. An increasing number of people suffering from chronic wounds, a rise in technologically advanced dressing, and rising cases of traumatic accidents are expected to be the key driving factors for the market.

The number of people suffering from diabetic foot ulcers is increasing, due to a rise in chronic disorders like diabetes. For instance, as per the International Diabetes Federation (IDF), an estimated population of 61 million people aged between 20-79 years living in Europe were suffering from diabetes. Similarly, according to the National Center for Biotechnology Information (NCBI), the incidence rate of diabetes foot ulcers globally is between 9.1 million to 26.1 million annually. Thus, the rise in diabetes & diabetic foot ulcer patients is increasing the demand for wound dressing products.

Moreover, there has been a global increase in the number of traumatic accidents such as burns, gunshots, and road accidents. For instance, according to statistics by the World Health Organization (WHO) in October 2023, approximately 11 million burn cases occurred worldwide, which led to 180,000 deaths globally. Similarly, as per NCBI, every day, more than 30,000 burn cases are registered globally. Therefore, the rising global number of burn cases is anticipated to impel the market over the forecast period.

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Wound Dressing Market Report Highlights

• Based on product, the advanced dressing segment dominated the market in 2023. This can be attributed to globally rising cases of traumatic accidents

• Based on application, the chronic wounds segment dominated the market in 2023

• Based on end-use, the hospital segment dominated the market in 2023. This can be credited to rising surgical procedures and an increasing number of hospitals

• North America dominated the market in 2023. This dominance can be accredited to well-developed healthcare infrastructure, increasing awareness, and the presence of major key players in the region

Wound Dressing Market Segmentation

Grand View Research has segmented the global Wound Dressing market on the basis of product, application, end-use, and region:

Wound Dressing Product Outlook (Revenue, USD Million, 2018 - 2030)

• Traditional Dressing

  • Gauze

  • Tape

  • Bandages

  • Cotton

  • Others

• Advanced Dressing

  • Moist Dressing

    • Foam Dressing

    • Hydrocolloid Dressing

    • Film Dressing

    • Alginate Dressing

    • Hydrogel Dressing

    • Collagen Dressing

    • Other Advanced Dressing

  • Antimicrobial Dressing

    • Silver Dressing

    • Non-silver Dressing

  • Active Dressing

    • Biomaterials

    • Skin-substitute

Wound Dressing Application Outlook (Revenue, USD Million, 2018 - 2030)

• Chronic Wounds

  • Diabetic Foot Ulcers

  • Pressure Ulcers

  • Venous Leg Ulcers

  • Other Chronic Wounds

• Acute Wounds

  • Surgical & Traumatic Wounds

  • Burns

Wound Dressing End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals

• Outpatient Facilities

• Home Healthcare

• Research & Manufacturing

Wound Dressing Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

  • Denmark

  • Sweden

  • Norway

• Asia Pacific

  • Japan

  • China

  • India

  • Australia

  • Thailand

  • South Korea

• Latin America

  • Brazil

  • Mexico

  • Argentina

• Middle East & Africa

  • South Africa

  • Saudi Arabia

  • UAE

  • Kuwai

List of Key Players of Wound Dressing Market

• Smith+Nephew

• Mölnlycke Health Care AB

• Convatec Group PLC

• Ethicon (Johnson & Johnson)

• URGO

• Coloplast Corp.

• 3M

• Integra LifeSciences

• PAUL HARTMANN AG

• DR.AUSBÜTTEL (DRACO)

• Medline Industries, Inc.

• Brightwake Ltd.