Japan Advanced Wound Dressing Market Size & Outlook
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Japan advanced wound dressing market highlights
- The Japan advanced wound dressing market generated a revenue of USD 185.9 million in 2023 and is expected to reach USD 273.4 million by 2030.
- The Japan market is expected to grow at a CAGR of 5.7% from 2024 to 2030.
- In terms of segment, foam dressings was the largest revenue generating product in 2023.
- Hydrocolloid Dressings is the most lucrative product segment registering the fastest growth during the forecast period.
Advanced wound dressing market data book summary
| Market revenue in 2023 | USD 185.9 million |
| Market revenue in 2030 | USD 273.4 million |
| Growth rate | 5.7% (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 |
Other key industry trends
- In terms of revenue, Japan accounted for 2.4% of the global advanced wound dressing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India advanced wound dressing market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 330.8 million by 2030.
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Advanced Wound Dressing Market Scope
Advanced Wound Dressing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Investor AB Class A | View profile | 8680 | Arsenalsgatan 8C, Stockholm, Sweden, SE-103 32 | https://www.investorab.com |
| Medline Industries | View profile | 10001+ | Mundelein, Illinois, United States, North America | http://www.medline.com/home.jsp |
| ConvaTec Group PLC | View profile | 10136 | 20 Eastbourne Terrace, 7th Floor, Paddington, London, United Kingdom, W2 6LG | https://www.convatecgroup.com |
| Smith & Nephew PLC | View profile | 18452 | Hatters Lane, Building 5, Croxley Park, Watford, Hertfordshire, United Kingdom, WD18 8YE | https://www.smith-nephew.com |
| Coloplast A/S ADR | View profile | 15930 | Holtedam 1-3, Humlebaek, Denmark, DK-3050 | https://www.coloplast.com |
| Integra Lifesciences Holdings Corp | View profile | 3946 | 1100 Campus Road, Princeton, NJ, United States, 08540 | https://www.integralife.com |
| 3M Co | View profile | 85000 | 3M Center, St. Paul, MN, United States, 55144 | https://www.3m.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Baxter International Inc | View profile | 60000 | One Baxter Parkway, Deerfield, IL, United States, 60015 | https://www.baxter.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Japan advanced wound dressing market outlook
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 23.08% in 2023. Horizon Databook has segmented the Japan 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.
Rising geriatric population is one of the major driving factors for the market growth in Japan. According to World Bank, in 2016, Japan had over 26.5% of its population aged over 65 years. As geriatric population are at a higher risk of various diseases and disabilities, increase in geriatric population may propel the demand for advanced wound dressing products.
In addition, with increasing healthcare spending, the advanced wound dressing market is expected to register substantial growth in Japan. For instance, as per the report published by the Organization for Economic Co-operation and Development (OECD) in 2018, the healthcare expenditure was around 10.90% of GDP in Japan.
Furthermore, increase in adoption of advanced products in Japan are expected to fuel the growth of advanced wound dressing market over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan advanced wound dressing market , including forecasts for subscribers. This country databook contains high-level insights into Japan advanced wound dressing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan advanced wound dressing market size, by product, 2018-2030 (US$M)
Japan Advanced Wound Dressing Market Outlook Share, 2023 & 2030 (US$M)
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