The North America wound care market is expected to grow from US$ 7,920.27 million in 2022 to US$ 11,178.22 million by 2028. It is estimated to register a CAGR of 5.9% from 2022 to 2028.
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Rising Prevalence of Chronic Diseases and Wounds Drives Growth in North America’s Wound Care Market
Chronic diseases such as diabetes, cancer, and autoimmune disorders significantly impair the body’s natural healing process. Among these, diabetes and immunodeficiency conditions are particularly detrimental, often delaying wound recovery. Diabetes, one of the most prevalent chronic diseases, weakens the immune system and complicates wound healing. According to the NCBI, as of July 2021, approximately 500 million people worldwide suffer from diabetes mellitus (DM), with numbers expected to rise sharply in the coming years.
In the U.S. alone, diabetes-related medical costs and lost productivity exceed $300 billion annually. A study published by the National Center for Biotechnology Information (NCBI) titled Diabetic Wound-Healing Science reveals that one in three people in the general population and one in five diabetic patients will develop chronic non-healing wounds, such as diabetic foot ulcers (DFUs), in their lifetime. The hyperglycemic environment in diabetic patients fosters biofilm formation, making these wounds particularly difficult to treat.
The slow healing process associated with chronic diseases increases the long-term demand for wound dressings. Additionally, the growing incidence of cancer has led to more surgical interventions, further driving the need for wound care products. Postoperative wounds from cancer surgeries are often large and deep, requiring frequent exudate management. Advanced wound dressings—such as hydrogels, alginates, and foams—play a crucial role in infection prevention and wound healing. As chronic diseases become more widespread, the demand for wound care products continues to surge, fueling the growth of North America’s wound care market.
North America Wound Care Market Overview
The North American wound care market is segmented into the U.S., Canada, and Mexico, with the U.S. dominating in 2022. Chronic ulcers and diabetes are the leading causes of non-healing wounds in the country. According to a study by the National Library of Medicine, chronic ulcers cost the U.S. healthcare system approximately $28 billion annually as a primary diagnosis and $31.7 billion as a secondary diagnosis.
The American Diabetes Association (ADA) reports that 9–12 million Americans suffer from chronic ulcers, with mortality rates doubling within three years of the first amputation and reaching 70% after five years. Additionally, research by Mary Ann Liebert, Inc. indicates that 3% of the population over 65 has open wounds. With the elderly population projected to exceed 77 million by 2060, chronic wounds will remain a persistent and growing challenge. This aging demographic is expected to further boost demand for wound care treatments, reinforcing the U.S. market’s dominance in North America.
Key Drivers of Market Growth
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Increasing diabetes cases leading to chronic wounds like DFUs
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Rising cancer surgeries, necessitating advanced wound dressings
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Aging population, which is more prone to non-healing wounds
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High treatment costs associated with chronic ulcers
As chronic diseases and surgical interventions continue to rise, the North American wound care market is poised for sustained expansion, driven by the need for effective wound management solutions.
The North America wound care market is segmented by product, wound type, end user, and country.
Product Segmentation:
- Advanced Wound Dressing: Held the largest market share in 2022.
- Surgical Wound Care
- Traditional Wound Care
- Wound Therapy Devices
Wound Type Segmentation:
- Chronic Wounds: Held a larger market share in 2022.
- Acute Wounds
End User Segmentation:
- Hospitals: Held the largest market share in 2022.
- Specialty Clinics
- Home Healthcare
- Others
Country Segmentation:
- US: Dominated the North America wound care market in 2022.
- Canada
- Mexico
Key Players in the North America Wound Care Market:
- 3M Co
- Baxter International Inc
- Coloplast AS
- ConvaTec Group Plc
- Ethicon USA LLC
- Integra LifeSciences Holdings Corp
- Medtronic Plc
- MiMedx
- PAUL HARTMANN AG
- Smith & Nephew Plc
North America Wound Care Strategic Insights
Strategic insights for the North America Wound Care provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
North America Wound Care Regional Insights
The geographic scope of the North America Wound Care refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
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Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights
