North America Advanced Wound Care Market: 2022–2028 Analysis




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 Related Wounds Drives Growth of the North America Wound Care Market

The increasing incidence of chronic diseases such as diabetes, cancer, and autoimmune disorders is a major factor contributing to the market growth of the wound care market in North America. These conditions significantly impair the body’s natural healing process, often leading to slow and complicated wound recovery. Among these, diabetes is particularly impactful, as it weakens the immune system and hampers wound healing.

According to the National Center for Biotechnology Information (NCBI), as of July 2021, approximately 500 million people worldwide suffer from diabetes mellitus (DM), a figure expected to rise sharply in the coming years. In the US alone, the total annual cost of diabetes, including healthcare expenses and lost productivity, exceeds US$300 billion. Moreover, NCBI’s study on Diabetic Wound-Healing Science reveals that up to one in three people and one in five diabetes patients may develop chronic nonhealing wounds, such as diabetic foot ulcers (DFUs), during their lifetime. The hyperglycemic environment in diabetic patients often leads to biofilm formation, making these wounds difficult to treat.

The extended healing time associated with chronic diseases increases the long-term need for wound dressings. Additionally, the growing cancer burden has resulted in more surgical interventions, further driving the demand for advanced wound care. Postoperative wounds, particularly after cancer surgeries, tend to be large and deep, requiring frequent management of exudate. Advanced wound care products—such as hydrogels, alginates, and foam dressings—play a crucial role in promoting healing and preventing infection.

North America Wound Care Market Overview

The North America wound care market is segmented into the US, Canada, and Mexico, with the US leading the region in market share as of 2022. Chronic ulcers and diabetes remain the primary contributors to chronic wounds in the US. According to the National Library of Medicine, the direct cost of treating chronic ulcers as a primary diagnosis is estimated at US$28 billion annually, rising to US$31.7 billion when considered as a secondary diagnosis.

The American Diabetes Association (ADA) reports that 9–12 million Americans live with chronic ulcers. Alarmingly, the mortality rate for individuals with leg ulcers increases significantly following an amputation—rising from 20% to 50% within three years and up to 70% within five years. Furthermore, studies by Mary Ann Liebert, Inc. indicate that 3% of Americans over the age of 65 have open wounds. With the US government projecting that the elderly population will surpass 77 million by 2060, the burden of chronic wounds is expected to rise significantly.

The growing aging population, coupled with the increasing prevalence of chronic diseases, continues to drive demand for effective wound care solutions—bolstering the growth of the US and broader North America wound care market.

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.

About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights

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