U.S. Advanced Wound Dressing Market Size & Outlook
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U.S. advanced wound dressing market highlights
- The U.S. advanced wound dressing market generated a revenue of USD 3,015.5 million in 2023 and is expected to reach USD 4,097.4 million by 2030.
- The U.S. market is expected to grow at a CAGR of 4.5% 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 3,015.5 million |
| Market revenue in 2030 | USD 4,097.4 million |
| Growth rate | 4.5% (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, U.S. accounted for 38.9% 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 North America, U.S. advanced wound dressing market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 724.3 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 |
U.S. 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 23.89% in 2023. Horizon Databook has segmented the U.S. 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.
The U.S. held the largest share in North America advanced wound dressing market in 2019. Welldeveloped healthcare infrastructure, increasing awareness about usage of advanced wound care products, and presence of several key market players are the major drivers of the market.
In addition, increase in number of orthopedic procedures due to high prevalence of sports injuries is also anticipated to drive the market. For instance, as per the report published by the Stanford Children's Health in 2018, more than 3.50 million sports injuries are reported in the U.S. every year. Hence, such factors are anticipated to propel the market growth in the U.S. over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. advanced wound dressing market , including forecasts for subscribers. This country databook contains high-level insights into U.S. advanced wound dressing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. advanced wound dressing market size, by product, 2018-2030 (US$M)
U.S. Advanced Wound Dressing Market Outlook Share, 2023 & 2030 (US$M)
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