Global Surgical Wound Care Market Size, Share, and COVID-19 Impact Analysis, By Product (Sutures & Staples, Tissue Adhesive and Sealants, and Anti-infective Dressing), By Application (Diabetes Based Surgeries, Cardiovascular Disease, Ulcers, Burns, Transplant Sites, and Others), By End User (Hospitals, Specialty Clinics, Home Healthcare, Ambulatory Surgery Centers, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033
Industry: HealthcareGlobal Surgical Wound Care Market Insights Forecasts to 2033
- The Global Surgical Wound Care Market Size was Valued at USD 6.12 Billion in 2023
- The Market Size is Growing at a CAGR of 4.90% from 2023 to 2033
- The Worldwide Surgical Wound Care Market Size is Expected to Reach USD 9.87 Billion by 2033
- Europe is Expected to Grow the fastest during the forecast period.
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The Global Surgical Wound Care Market Size is Anticipated to Exceed USD 9.87 Billion by 2033, Growing at a CAGR of 4.90% from 2023 to 2033.
Market Overview
Surgical wound care is the instructions for preventing infections and helping the body heal from the wound that is caused by skin incisions during surgery. Optimal management of surgical wounds is an important part of post-operative recovery. The timely review of the wound, appropriate cleansing and dressing, and early recognition and intervention of wound complications are the important key elements of post-operative wound management. After a surgery or procedure where a surgeon or healthcare provider cleans and protects the incision site until it heals completely. It functions to protect the wound from germs, reduce the risk of infection, cover the wound so that stitches or staples do not catch on clothing, protect the area as it heals, and soak up any fluids that leak from the wound. Treatment for a surgical wound sometimes depends on where it’s located in the body. Surgical dressings are normally placed over the wound and may need to be changed regularly. The skin around the surgical wound will likely need to be cleaned, often with soap and salt water spray around the wound. Surgical options expedite healing by using skin grafting, application of bioengineered skin substitutes, and use of flap closures. The emergence of newer technologies including the xenogeneic tissue scaffold, bilayered human dermal substitutes, recombinant growth factors, endoscopic subfascial ligation of venous perforators, and endovascular arterial repair techniques are used besides the synthetic dressing materials for wound treatment.
Report Coverage
This research report categorizes the market for the global surgical wound care market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global surgical wound care market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global surgical wound care market.
Global Surgical Wound Care Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 6.12 Billion |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 4.90% |
2033 Value Projection: | USD 9.87 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 120 |
Segments covered: | By Product, By Application, By End User, By Region and COVID-19 Impact Analysis |
Companies covered:: | 3M, Mölnlycke Health Care AB, Smith & Nephew, Johnson & Johnson Private Limited, Baxter, Medtronic, Cardinal Health, Inc, Coloplast Corp., Convatec Group PLC, Derma Sciences Inc., MIMEDX Group, Inc., Advancis Medical, Essity Aktiebolag AB, B. Braun SE, and Others key Vendors |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
As per an article published by NCBI in 2020, approximately 310 million major surgeries are performed per year with an increasing number of surgical procedures in the U.S. as per the survey by the National Quality Forum and the rate of surgeries performed in ambulatory surgery centers has surged by 300% in the last decade. Furthermore, according to the American Society of Plastic Surgeons, approximately 18 million people in the U.S. underwent minimally invasive cosmetic surgical procedures in 2018. Thus, the rising number of surgeries is driving the global surgical wound care market. According to the Infectious Disease Advisor, 5% of surgeries resulted in surgical site infections. Thus the increasing surgeries is anticipated to grow the market demand for surgical wound care. Further, the rising prevalence of cardiovascular disease-related surgeries and bariatric surgeries for diabetes and obesity leads to drive the market. According to the American Society for Metabolic and Bariatric Surgery, in 2018, the total number of metabolic and bariatric procedures increased by 10.8%, i.e., from approximately 228,000 in 2017 to 252,000. The rising cases of diabetes and obesity are also responsible for driving the market demand. The increasing geriatric population is also responsible for increasing the market demand as these age groups are more susceptible to chronic wounds and their wound-healing ability slows down wound healing ability and increases cases of pressure ulcers in the geriatric group. Further, virtual consultations and telehealth platforms are the new modes of surgical wound care that are cost-effective with increased patient compliance and satisfaction are expected to drive the market growth.
Restraining Factors
The improper wound management especially in emerging economies owing to a lack of awareness about the advanced wound care products hampering the market growth. Further, the prolonged diagnosis of chronic wounds in developing countries negatively affects the global surgical wound care market.
Market Segmentation
The global surgical wound care market share is classified into product, application, and end-user.
- The sutures and staples segment dominates the market with the largest market share through the forecast period.
Based on the product, the global surgical wound care market is categorized into sutures & staples, tissue adhesive and sealants, and anti-infective dressing. Among these, the sutures and staples segment dominates the market with the largest market share through the forecast period. Sutures and staples are used to close wounds or surgical incisions and promote healing after surgeries. The rising demand for various surgical interventions leads to enhancing the market in the sutures and staples segment.
- The cardiovascular disease segment is anticipated to grow at the fastest CAGR growth through the forecast period.
Based on the application, the global surgical wound care market is categorized into diabetes based surgeries, cardiovascular disease, ulcers, burns, transplant sites, and others. Among these, the cardiovascular disease segment is anticipated to grow at the fastest CAGR growth through the forecast period. Cardiovascular surgeries are sometimes performed to improve the working of the heart ranging from structural or heart rhythm issues to blockages. The rising prevalence of cardiovascular-associated diseases leads to enhanced market demand in the cardiovascular segment.
- The hospitals segment accounted for the largest revenue share through the forecast period.
Based on the end-user, the global surgical wound care market is categorized into hospitals, specialty clinics, home healthcare, ambulatory surgery centers, and others. Among these, the hospitals segment accounted for the largest revenue share through the forecast period. Patients after surgery generally require wound care products to heal from surgical site wounds. The rising number of hospitals and hospitalization cases is expected to drive the market. Hospitals are large buyers of wound care.
Regional Segment Analysis of the Global Surgical Wound Care Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
North America is anticipated to hold the largest share of the global surgical wound care market over the predicted timeframe.
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North America is projected to hold the largest share of the global surgical wound care market over the forecast period. The presence of major industry players and their extensive distribution networks throughout the region has transformed North America into an innovation hotspot for new and improved wound care products. Players in North America make considerable investments in R&D, which drives the development and introduction of unique and technologically sophisticated products in this market. Furthermore, increased releases of negative pressure wound therapy (NPWT) devices by prominent industry participants are likely to boost market growth over the forecast period. For example, in March 2020, Smith & Nephew, a worldwide medical equipment manufacturer, introduced a new PICO 14 single-use negative pressure wound therapy system (sNPWT) in the United States. This method is intended for use in hospitals, specifically for patients with surgical wounds.
Europe is expected to grow at the fastest CAGR growth of the global surgical wound care market during the forecast period. This is anticipated by factors such as high disposable income, well-established healthcare infrastructure, and a competent workforce. Furthermore, better reimbursement coverage has increased the use of surgical procedures. Furthermore, the market is expected to be driven by an expanding geriatric population as well as an increase in burn and trauma cases.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global surgical wound care market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- 3M
- Mölnlycke Health Care AB
- Smith & Nephew
- Johnson & Johnson Private Limited
- Baxter
- Medtronic
- Cardinal Health, Inc
- Coloplast Corp.
- Convatec Group PLC
- Derma Sciences Inc.
- MIMEDX Group, Inc.
- Advancis Medical
- Essity Aktiebolag AB
- B. Braun SE
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In May 2024, Arch Therapeutics, Inc., a marketer and developer of novel self-assembling wound care and biosurgical products, announced that the Company’s first commercial product, AC5 Advanced Wound System (“AC5”), will be featured at the 2024 Symposium on Advanced Wound Care Spring Meeting (“SAWC Spring”).
- In October 2021, Healthium Medtech Limited ("Healthium Medtech" or "Healthium"), a global MedTech company focused on products used in surgical, post-surgical, and chronic care, announced the launch of TRUSHIEL NXT surgical wound dressing, adding to its portfolio of patented products in the wound care and infection prevention segments.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global surgical wound care market based on the below-mentioned segments:
Global Surgical Wound Care Market, By Product
- Sutures & Staples
- Tissue Adhesive and Sealants
- Anti-infective Dressing
Global Surgical Wound Care Market, By Application
- Diabetes Based Surgeries
- Cardiovascular Disease
- Ulcers
- Burns
- Transplant Sites
- Others
Global Surgical Wound Care Market, By End User
- Hospitals
- Specialty Clinics
- Home Healthcare
- Ambulatory Surgery Centers
- Others
Global Surgical Wound Care Market, Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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