Press Release

Advanced Wound Care Market to be Dominated by Hospital Through 2028

Increasing demand for target therapy along with the rising incidence of chronic diseases is driving the growth of the market in the forecast period, 2024-2028.


According to the TechSci Research report, Advanced Wound Care Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028”, The Global Advanced Wound Care Market is projected to increase at an impressive rate in the forecast period, 2024-2028. Over the projection period, it is anticipated that the global market for advanced wound care is expected to grow rapidly. Over the past ten years, chronic wounds have spread more widely due to global increases in the ageing population, the incidence of diabetes, and obesity. Obesity and diabetes increased the frequency of wounds and their treatment-required consequences, such as ulcers, surgical wounds, and infections. As a result, enhanced wound care is anticipated to be introduced to the market.

On the other hand, the high price of modern wound care products would restrain market expansion. The market for advanced wound care will face significant challenges from dangers associated with using these treatments and a lack of understanding. Moreover, the market for advanced wound care will face significant challenges from dangers associated with using these treatments and a lack of understanding. However, over the projected period of 2022–2029, the COVID-19 epidemic and increased rivalry from other businesses would function as a restraint and further hinder the growth rate of the market.


Browse over XX market data Figures spread through XX Pages and an in-depth TOC on the "Advanced Wound Care Market


The global Advanced Wound Care market is segmented based on product, wound type, and end-use.

Based on product, the market is categorized into dressings, grafts & matrices, topical agents, and others. The dressings category is expected to increase at a higher CAGR than other cancer types in colorectal cancer. This is due to increasing patient awareness along with patient education, and the occurrence of Healthcare-Associated Infections.

Based on wound type, the market is divided into acute wound and chronic wound. The acute wounds category dominated the market for advanced wound care in 2021, accounting for highest revenue share. The main driver of the market is the rise in diverse traumatic wounds, like those caused by auto accidents.

Based on end-use, the market is divided into Hospitals & Clinics, Ambulatory Care Centers, and Homecare. The hospital sector dominated the market for advanced wound care in 2021, accounting for 45.2% of total revenue. An increase in surgical procedures and a rise in hospital admissions are both responsible for this segment's growth. For instance, the Australian Institute of Health and Welfare reports a rise in hospital admissions in Australia.


Major companies operating in the global Advanced Wound Care market are:

  • Abbott Nutrition
  • Boston Scientific Corporation
  • Amsino International Inc.
  • ConMed Corporation
  • Moog Inc
  • C.R.Bard
  • Danone
  • Cook Medical
  • B. Braun Melsungen AG
  • Fresenius SE & Co. KGaA
  • Cardinal Health Inc.


Recent Development

AxioBiosolutions have introduced MaxioCel Cutting-Edge Innovation in advance wound treatment in April 2020. The next generation of chitosan-based wound dressings exhibits pain relief and scar enhancement capabilities, accelerating wound healing with maximum comfort.


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“North America acquires the largest market share due to the rising incidence of Colorectal Cancer diagnoses. Additionally, new product launches across the region are projected to be the main drivers of growth in the region. The US dominated the regional market owing to inflated treatment rates, high prevalence, and the high price of medicines which is expected to drive the growth of the Advanced Wound Care Market.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“Advanced Wound Care Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Product (Dressings, Grafts & Matrices, Topical Agents, Others), By Wound Type (Chronic Wounds, Acute Wounds), By End User (Hospitals & Clinics, Ambulatory Care Centers, Homecare, By Company and By Region, has evaluated the future growth potential of global Advanced Wound Care market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global Advanced Wound Care market.”


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