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    Advanced Wound Therapy Devices Market Size

    ID: MRFR/HC/5952-CR
    98 Pages
    Rahul Gotadki
    February 2019

    Advanced Wound Therapy Devices Market Research Report Information by Type (Negative Pressure Wound Therapy Systems, Electric Stimulation Devices, Hyperbaric Oxygen Equipment, Pressure Relief Devices, Others), by End-user (Hospitals & Clinics, Home Care Settings, Others), and Region - Forecast till 2035

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    Advanced Wound Therapy Devices Size

    Advanced Wound Therapy Devices Market Growth Projections and Opportunities

    The Advanced Wound Therapy Devices Market is significantly influenced by the aging global population. As the elderly population increases, so does the prevalence of chronic wounds, such as diabetic ulcers and pressure sores. Advanced wound therapy devices, including negative pressure wound therapy (NPWT) and electrical stimulation devices, are increasingly utilized for effective wound management in this demographic. Wound care is influenced by market dynamics which fluctuates with continuous innovations in technological manufacturing. States-of-the-art wound therapy devices are growing in multidirectional fold, being high on smart sensors, connectivity and performance of advanced materials to assure better outcome. Appearance of these innovations shapes a more competitive market structure where manufactures seek to provide the most advanced systems for wound control. The aspect of lack of obesity and diabetes in the market is a negative influence. People with diabetes have chronic wounds and consequently require advanced wound therapy for the treatment of such open wounds. Furthermore, comorbidities associated with obesity such as ulcers due to venous stasis contribute to the need for technology that enables proper and timely wound recovery and eliminates development risk factors. In turn, the number of surgical procedure has significantly affected market dynamics. Postoperative care of surgical wounds is described as specialized procedures, and such post-operation treatments cannot be absorbed without special units for wound therapy devices. With the surgical volume increasing, the need for products that promote the optimal healing process and prevent potential surgical site infections also grows. Irrelevantly the market is characterized by a trend in traumatic injuries, such as burns and accidents. To optimally heal due to traumatic wounds advanced wound therapy is in numerous cases necessary. There are various devices that help to propel a modern approach on managing complex wounds caused by trauma, such as hyperbaric oxygen therapy chambers and biosynthetic dressings. The specialty wound care clinics and centers play a crucial role as well, that is why such establishments are among the key factors for economic growth in Advanced Wound Therapy Devices Market. The main function of such facilities is to treat wounds through more holistic care, which is often carried out using advanced technologies and devices to increase the effectiveness of addressing these issues. This report, therefore, reflects on the continued spread of such facilities and how this leads to increased use of advanced wound therapy solutions. The economics of market dynamics and the cost-effective measures for containing health care costs are very important. Advanced wound therapy devices are often perceived as cost-effective solutions by reducing hospital stays, preventing complications, and improving overall patient outcomes. Healthcare systems increasingly recognize the value of investing in advanced wound care to minimize long-term costs.

    Advanced Wound Therapy Devices Market Size Graph

    Market Summary

    The Global Advanced Wound Therapy Devices Market is projected to grow from 8.34 USD Billion in 2024 to 15.11 USD Billion by 2035.

    Key Market Trends & Highlights

    Global Advanced Wound Therapy Devices Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 5.54% from 2025 to 2032.
    • By 2035, the market valuation is anticipated to reach 15.1 USD Billion, indicating robust growth potential.
    • The base year market valuation stands at 8.34 USD Billion, reflecting a solid foundation for future expansion.
    • Growing adoption of advanced wound therapy technologies due to increasing prevalence of chronic wounds is a major market driver.

    Market Size & Forecast

    2024 Market Size 8.34 (USD Billion)
    2035 Market Size 15.11 (USD Billion)
    CAGR (2025-2035) 5.55%
    Largest Regional Market Share in 2024 latin_america)

    Major Players

    Smith & Nephew plc, Mölnlycke Health Care AB, B. Braun Melsungen AG, ConvaTec Inc., Cardinal Health, KCI Licensing, Inc., Lohmann & Rauscher GmbH & Co. KG, DeRoyal Industries, Inc., Medela AG, Perry Baromedical, Triage Meditech Pvt. Ltd., Sechrist

    Market Trends

    The rise of the aging population and technological development in every industry push market growth in the forecast period. Advanced wound care is a growing sector that can provide devices and many solutions to manage chronic and acute wounds. The device can treat wounds caused by diseases such as pressure ulcers, diabetes, venous disease, and others. The development of advanced machines which can lessen the healing time is a great factor for the market. Diabetes and peripheral vascular disease will foster the market and open up new opportunities for the market.

    The Global Advanced Wound Therapy Devices Market is poised for growth, driven by increasing incidences of chronic wounds and a rising demand for innovative treatment solutions.

    U.S. Food and Drug Administration (FDA)

    Advanced Wound Therapy Devices Market Market Drivers

    Market Growth Projections

    Increasing Healthcare Expenditure

    Rising healthcare expenditure globally contributes significantly to the expansion of the Global Advanced Wound Therapy Devices Market Industry. Governments and private sectors are investing in healthcare infrastructure and advanced medical technologies to improve patient care. This trend is particularly evident in developed regions, where healthcare budgets are increasing to accommodate innovative treatment options. The projected growth from 8.34 USD Billion in 2024 to 15.1 USD Billion by 2035 indicates a robust market trajectory, driven by enhanced funding for advanced wound care solutions. This financial commitment is likely to foster further advancements in wound therapy technologies.

    Rising Incidence of Chronic Wounds

    The Global Advanced Wound Therapy Devices Market Industry experiences a notable surge in demand due to the increasing prevalence of chronic wounds, such as diabetic ulcers and pressure sores. As the global population ages, the incidence of these conditions rises, necessitating advanced treatment options. For instance, in 2024, the market is projected to reach 8.34 USD Billion, reflecting the urgent need for effective wound management solutions. This trend is likely to continue, as chronic wounds affect millions worldwide, driving innovation and investment in advanced wound care technologies.

    Growing Awareness of Advanced Wound Care

    The Global Advanced Wound Therapy Devices Market Industry benefits from heightened awareness regarding the importance of advanced wound care among healthcare professionals and patients. Educational initiatives and training programs are increasingly emphasizing the significance of timely and effective wound management. This growing awareness leads to better patient outcomes and encourages healthcare providers to adopt advanced therapies. As a result, the market is expected to witness a compound annual growth rate of 5.54% from 2025 to 2035. This trend underscores the necessity for continuous education and the dissemination of best practices in wound care.

    Technological Advancements in Wound Care

    Technological innovations play a pivotal role in shaping the Global Advanced Wound Therapy Devices Market Industry. The introduction of advanced materials and smart technologies enhances the efficacy of wound care products. For example, the development of bioactive dressings and negative pressure wound therapy devices has revolutionized treatment protocols. These advancements not only improve healing rates but also reduce hospital stays, thereby lowering healthcare costs. As the market evolves, the integration of digital health solutions and telemedicine into wound care is anticipated to further enhance patient outcomes and drive market growth.

    Rising Demand for Home Healthcare Solutions

    The Global Advanced Wound Therapy Devices Market Industry is witnessing a shift towards home healthcare solutions, driven by patient preferences and advancements in technology. Patients increasingly seek to manage their wounds at home, facilitated by portable and user-friendly devices. This trend is particularly relevant for chronic wound patients who require ongoing care. The market's growth reflects this demand, as more healthcare providers offer home-based wound management solutions. This shift not only enhances patient comfort but also reduces the burden on healthcare facilities, indicating a transformative change in wound care delivery.

    Market Segment Insights

    Advanced Wound Therapy Devices Type Insights

    Types of therapy devices include electric stimulation devices, hyperbaric oxygen equipment, pressure relief devices, negative pressure wound therapy systems, and others. ‘Others’ include ozone-oxygen therapy, electromagnetic therapy, and intermittent pneuamtic compression. 

    Advanced Wound Therapy Devices End User Insights

    End-users outlined in the advanced wound therapy devices market report include home care settings, hospitals & clinics, and others. 

    Get more detailed insights about Advanced Wound Therapy Devices Market Research Report – Global Forecast till 2032

    Regional Insights

    Key Companies in the Advanced Wound Therapy Devices Market market include

    Industry Developments

    April 2022

    Baptist Health Paducah was one of four wound care centers out of over 600. This is to receive the award. In 2019 the center also won this award. Baptist Health Paducah's Wound Care Center received the Center of the Year Award from Healogics, a company that provides advanced wound care treatment equipment.

    The new president of human bioscience is Rohan Jain, and the news was announced recently. The Kollagen biotechnology helps the body heal in ways not present before.

    Kerecis®, the company pioneering the use of fish skin and fatty acids in cellular therapy, tissue regeneration, and protection, announced MariGen™ Expanse, the newest addition to Kerecis' product offerings for chronic wound management. Cholederm, a cutting-edge wound care product created by the Sree Chitra Tirunal Institute for Medical Sciences and Technology, has been recognized as a Class D medical device by the Central Drugs Standard Control Organization (CDSCO). The researchers from the Department of Experimental Pathology in the Biomedical Technology wing of SCTIMST developed cholederm, a substance used to treat wounds using the extracellular matrix of decellularized pig gall bladder tissue.

    Cholederm is the first domestically manufactured product to meet all regulatory standards, even though using animal-derived products to manufacture advanced wound care material is not new. According to researchers, the scaffold controlled or lessened the scarring responses in subcutaneous, skeletal-muscle, and cardiac tissues. It also could lessen fibrotic scarring in rats who had undergone an artificial myocardial infarction.

    Future Outlook

    Advanced Wound Therapy Devices Market Future Outlook

    The Global Advanced Wound Therapy Devices Market is projected to grow at a 5.55% CAGR from 2024 to 2032, driven by technological advancements, increasing prevalence of chronic wounds, and rising healthcare expenditure.

    New opportunities lie in:

    • Develop smart wound care devices integrating IoT for real-time monitoring and patient engagement.
    • Expand product lines to include biodegradable materials, catering to eco-conscious consumers and regulatory trends.
    • Invest in telehealth solutions for remote wound management, enhancing accessibility and patient outcomes.

    By 2035, the market is expected to achieve substantial growth, reflecting advancements in technology and increasing demand for effective wound care solutions.

    Market Segmentation

    Advanced Wound Therapy Devices Type Outlook

    • Negative Pressure Wound Therapy Systems
    • Electric Stimulation Devices
    • Hyperbaric Oxygen Equipment
    • Pressure Relief Devices
    • Others

    Advanced Wound Therapy Devices End-user Outlook

    • Hospitals & Clinics
    • Home Care Settings
    • Others

    Advanced Wound Therapy Devices Regional Outlook

    Americas
    • The U.S.
    • Canada

    Report Scope

    Report Attribute/Metric Details
    Market Size 2024 USD 8.34 Billion
    Market Size 2035 15.11 (Value (USD Billion))
    Compound Annual Growth Rate (CAGR) 5.55% (2025 - 2035)
    Base Year 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2018-2022
    Market Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Type, End-user area and Region
    Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
    Countries Covered The US, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea
    Key Companies Profiled Smith & Nephew plc (U.K.), Mölnlycke Health Care AB (Sweden), B. Braun Melsungen AG (Germany), ConvaTec Inc. (U.K.), Cardinal Health (U.S.), KCI Licensing, Inc. (U.S.), Lohmann & Rauscher GmbH & Co. KG (Germany), DeRoyal Industries, Inc. (U.S.), Medela AG (Switzerland), Perry Baromedical (U.S.), Triage Meditech Pvt. Ltd. (India), Sechrist (U.S.)
    Key Market Opportunities ·         Increasing prevalence of diabetes and other diseases that cause chronic wounds
    Key Market Dynamics ·         Rise of the aging population and technological development in every industry
    Market Size 2025 8.80 (Value (USD Billion))

    Market Highlights

    Author

    Rahul Gotadki
    Assistant Manager

    She holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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    FAQs

    What is the projected growth of the Advanced Wound Therapy Devices market?

    The Advanced Wound Therapy Devices market is the expected increase in total market value of 15.11 USD billion over a defined forecast period 2025–2035. It is driven by factors such as demand trends, technological advances, regulatory changes, and geographic expansion.

    What is the size of the Advanced Wound Therapy Devices market?

    Advanced Wound Therapy Devices market size was valued at approximately 8.34 billion USD in 2024. This figure will reach 15.11 billion USD covering all regions (America, Europe, Asia, MEA and ROW), focusing its segments / services / distribution channels till 2035.

    What is the CAGR of the Advanced Wound Therapy Devices market?

    Advanced Wound Therapy Devices market is expected to grow at a CAGR of 5.55% between 2025 and 2035.

    How much will the Advanced Wound Therapy Devices market be worth by 2035?

    Advanced Wound Therapy Devices market is expected to be worth of 15.11 billion USD, reflecting growth driven by usage, technology and global demands by the end of 2035.

    How will the Advanced Wound Therapy Devices market perform over the next 10 years?

    Over the next 10 years the Advanced Wound Therapy Devices market is expected to shift from usd billion 8.34 to 15.11 billion USD, led by adoption of advanced tech, demographic trends, regulatory approvals, with potential headwinds from 2025 to 2035.

    1. Report Prologue
    2. Market Introduction
      1. Definition 14
      2. Scope of the Study 14
      3. List of Assumptions 15
      4. Market Structure
    3. Research Methodology
      1. Research Process 17
      2. Primary Research
      3. Secondary Research 19
      4. Market Size Estimation 19
      5. Forecast
    4. Market Dynamics
      1. Introduction 22
      2. Drivers 22
        1. Growing Prevalence of Diabetes and Chronic Wounds 22
        2. Rapidly
        3. Growing Innovations in Advanced Wound
      3. Restraint 23
        1. High Cost of Advanced Wound
      4. Opportunity 24
        1. Growing Reimbursement for
    5. Market Factor Analysis
      1. Value Chain
        1. R&D and Designing 26
        2. Manufacturing 26
        3. Post-Sales Review 26
      2. Porter’s
        1. Bargaining Power of Suppliers 28
        2. Bargaining
        3. Threat of New Entrants 28
        4. Threat of Substitutes
        5. Intense Rivalry 28
      3. Investment Opportunities 29
      4. Pricing
    6. Advanced Wound Therapy Devices, By Type
      1. Introduction
        1. Negative Pressure Wound Therapy Systems 33
        2. Pressure Relief
        3. Hyperbaric Oxygen Equipment 34
        4. Electrical Stimulation
        5. Others 35
    7. Advanced Wound Therapy Devices Market, By
      1. Introduction 37
        1. Hospitals and Clinics 37
        2. Others 39
    8. Global Advanced Wound Therapy
      1. Introduction 41
      2. Americas 42
        1. North America 44
        2. South America 47
      3. Europe 49
        1. Western Europe 51
        2. Eastern Europe 59
      4. Asia-Pacific 60
        1. Japan 62
        2. China 63
        3. India 64
        4. Australia 65
        5. Republic of Korea 66
        6. Rest of Asia-Pacific
      5. Middle East & Africa 68
        1. Africa 71
      6. Company Market Share Analysis 73
        1. Introduction
    9. Company Profiles
      1. Smith & Nephew 76
        1. Company
        2. Financial Overview 76
        3. Products/Services Offered
        4. SWOT Analysis 77
        5. Key Development 77
        6. Key Strategies
      2. Mölnlycke Health Care AB 78
        1. Company Overview 78
        2. Financial Overview 78
        3. Products/Services Offered 78
        4. Key Developments 79
        5. Key strategy 79
      3. B. Braun Melsungen AG 80
        1. Company Overview 80
        2. Financial
        3. Products/Services Offered 81
        4. SWOT Analysis 81
        5. Key Developments 81
        6. Key strategy 81
      4. ConvaTec Inc.
        1. Company Overview 82
        2. Financial Overview 82
        3. SWOT Analysis 83
        4. Key Developments
        5. Key Strategy 83
      5. Cardinal Health 84
        1. Company
        2. Financial Overview 84
        3. Products/Services Offered
        4. SWOT Analysis 85
        5. Key Developments 85
        6. Key
      6. KCI Licensing, Inc. 86
        1. Company Overview 86
        2. Financial Overview 86
        3. Products/Services Offered 86
        4. Key Development 86
        5. Key Strategy 87
        6. Company Overview 88
        7. Products/Services Offered 88
        8. SWOT
        9. Key Development 88
        10. Key Strategy 88
        11. Company Overview 89
        12. Financial
        13. Products/Services Offered 89
        14. SWOT Analysis 89
        15. Key Development 89
        16. Key Strategy 89
      7. Medela AG 90
        1. Company Overview 90
        2. Financial Overview 90
        3. Products/Services
        4. SWOT Analysis 90
        5. Key Development 90
      8. Perry Baromedical 91
        1. Company Overview 91
        2. Financial Overview 91
        3. Products/Services Offered 91
        4. Key Development 91
        5. Key Strategy 91
      9. Triage Meditech Pvt. Ltd. 92
        1. Company Overview 92
        2. Products/Services Offered 92
        3. SWOT
        4. Key Development 92
        5. Key Strategy 93
        6. Company Overview 94
        7. Financial Overview 94
        8. Products/Services Offered 94
        9. SWOT Analysis 94
        10. Key Strategy 94
    10. Appendix
      1. Discussion
    11. List of Tables
    12. PRICING RANGE FOR DEVICE CATEGORY 30
    13. GLOBAL ADVANCED WOUND THERAPY DEVICES MARKET, BY END USER 2020-2027 (USD MILLION)
    14. GLOBAL ADVANCED WOUND THERAPY DEVICES MARKET, BY REGION 2020-2027 (USD MILLION)
    15. CANADA: ADVANCED WOUND THERAPY DEVICES MARKET, BY END USER 2020-2027 (USD MILLION)
    16. GERMANY: ADVANCED WOUND THERAPY DEVICES MARKET, BY END USER 2020-2027 (USD MILLION)
    17. CHINA: ADVANCED WOUND THERAPY DEVICES MARKET, BY TYPE 2020-2027 (USD MILLION)
    18. REST OF ASIA-PACIFIC: ADVANCED WOUND THERAPY DEVICES MARKET, BY END USER 2020-2027
    19. AFRICA: ADVANCED WOUND THERAPY DEVICES MARKET, BY TYPE 2020-2027 (USD MILLION)
    20. List of Figures
    21. MARKET DYNAMICS: ANALYSIS OF THE GLOBAL ADVANCED WOUND THERAPY DEVICES MARKET
    22. AMERICAS: ADVANCED WOUND THERAPY DEVICES MARKET SHARE, BY REGION 2020 (%) 42
    23. (%) 44
    24. (% SHARE) 73

    Advanced Wound Therapy Devices Market Segmentation

    Market Segmentation Overview

    • Detailed segmentation data will be available in the full report
    • Comprehensive analysis by multiple parameters
    • Regional and country-level breakdowns
    • Market size forecasts by segment
    Infographic

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