Market revenue in 2023 | USD 221.7 million |
Market revenue in 2030 | USD 307.4 million |
Growth rate | 4.8% (CAGR from 2023 to 2030) |
Largest segment | Foam dressings |
Fastest growing segment | Hydrocolloid Dressings |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Foam Dressings, Hydrocolloid Dressings, Film Dressings, Alginate Dressings, Hydrogel Dressings, Collagen Dressings, Other Advanced Dressings |
Key market players worldwide | 3M Co, Coloplast A/S ADR, Medline Industries, Smith & Nephew PLC, ConvaTec Group PLC, Integra Lifesciences Holdings Corp, Johnson & Johnson, Baxter International Inc, Medtronic PLC, Investor AB Class A |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to advanced wound dressing market will help companies and investors design strategic landscapes.
Foam dressings was the largest segment with a revenue share of 23.05% in 2023. Horizon Databook has segmented the China advanced wound dressing market based on foam dressings, hydrocolloid dressings, film dressings, alginate dressings, hydrogel dressings, collagen dressings, other advanced dressings covering the revenue growth of each sub-segment from 2018 to 2030.
Regulatory process for product approvals is comparatively less stringent in China, which facilitates easy entry of advanced products in the market. In addition, availability of resources enables advancements in technology at cheaper costs that has led to an increase in the number of manufacturing facilities in the country.
China’s Order 650, restricts foreign investment in the country. The order was passed to protect local medical devices manufacturing companies. It has led to an increase in the number of local advanced wound dressing manufacturers, which is anticipated to boost the market growth over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the China advanced wound dressing market , including forecasts for subscribers. This country databook contains high-level insights into China advanced wound dressing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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