Wound Dressing Market - Global Analysis , and Forecast to 2025

The Wound Dressing Market is expected to grow at a 9.7% CAGR from USD 7.0 billion in 2020 to USD 11.2 billion in 2025. The rising number of traffic accidents, the rising prevalence of chronic, surgical, and traumatic wounds, the high rate of caesarean deliveries in older women, the rising incidence of burn injuries, and technological developments in wound dressings are all driving this industry forward.

In 2019, the surgical and traumatic wounds category held the greatest proportion of the Wound Dressing Market.

Surgical and traumatic wounds, diabetic foot ulcers, pressure ulcers, venous leg ulcers, and burns and other wounds are all segments of the wound dressings market. In 2019, the surgical and traumatic wounds sector held the biggest market share for wound dressings. The increased frequency of chronic illnesses and the increasing number of surgical procedures performed can both be related to this segment's substantial contribution.

The major end consumers of wound dressings are hospitals, ASCs, and clinics.

The wound dressings market is divided into three categories based on end users: hospitals, ASCs, and clinics; home care settings; and other end users. In 2019, the hospitals, ASCs, and clinics category held the greatest market share. This is due to an increase in the demand for wound care services and improved wound management products for treating complex wounds.

During the projection period, North America will continue to dominate the wound dressings market.

North America dominated the wound dressings market in 2019, and this trend is projected to continue throughout the forecast period. The substantial position of North America in the global wound dressings market is due to the growing elderly population, increasing prevalence of chronic wounds, rising healthcare expenditure, and the presence of prominent industry participants.