US Wound Care Management Devices Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.39 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
US Wound Care Management Devices Market Analysis
The United States Wound Care Management Market size is expected to grow from USD 4,708.16 million in 2023 to USD 5,562.17 million by 2028, registering a CAGR of 3.39% during the forecast period (2023-2028).
The COVID-19 pandemic had a significant impact on the healthcare systems, with substantial consequences not only for COVID-19-infected patients but also for others. The severity of the pandemic resulted in the cancellation of wound treatment and wound care procedures to manage and reserve resources. In addition, due to the pandemic and restrictions, many hospitals and specialty clinics temporarily closed their wound care departments. For instance, in a survey published by the International Wound Journal in December 2021, it was observed that health services spending in the United States had been reduced by 2.4% during the pandemic compared to the previous years. In addition, as per the same source, patient visits to ambulatory care sites such as outpatient centers have decreased by 60% during the initial phase of the pandemic. Thus, reduced patient visits to wound care centers have severely impacted the market growth. However, with the resumed services and upliftment of COVID-19 restrictions coupled with the increased hospital and wound care visits, the demand for effective treatment for faster wound healing is likely to increase, which is expected to increase the need for the studied market during the coming years.
The market growth in the United States is the rising aging population, the growing number of surgical procedures, and the increasing incidences of chronic wounds, ulcers, and diabetic ulcers.
The rising cases of pressure ulcers, the rise in accident cases, and burn injuries across the United States are expected to spur the market's growth. For instance, according to the data published by the National Pressure Injury Advisory Panel (NPIAP) in January 2021, around 2.5 million people are reported annually with pressure ulcers in the United States. In addition, as per the report published by the American Burn Association in February 2021, more than 400,000 people receive burn injury treatment annually in the United States. Thus, due to such instances, the demand for wound care products is anticipated to gain demand and drive the studied market growth during the forecast period.
Furthermore, the increasing focus of the market players on developing effective wound care dressing and solutions contributes to the market's growth. For instance, in October 2021, RedDress and MediGroup partnered to provide the members of MediGroup with RedDress' cutting-edge ActiGraft system for wound treatment. ActiGraft aims to deliver an affordable and productive wound solution to MediGroup's members to help improve the health and lives of patients with chronic, non-healing wounds, including diabetic foot ulcers, pressure injuries, venous ulcers, traumatic wounds, and post-surgical wounds. Thus, such developments are predicted to fuel the market's growth studied.
However, the concerns with stringent regulations, reimbursement policies, and high treatment costs will likely restrain the market growth over the forecast period.
US Wound Care Management Devices Market Trends
Sutures Segment is Expected to Grow Significantly Over the Forecast Period
Sutures can be absorbable or nonabsorbable. Absorbable sutures are broken down by the body and eventually dissolve completely, whereas non-absorbable sutures should be manually removed. Absorbable sutures are made from synthetic polymer materials, such as polylactic acid (Vicryl), polyglycolic acid (Dexon), polyglycolide (Maxon), and polydioxanone (PDS).
The suture wound closure segment is expected to witness significant growth in the studied market over the forecast period owing to the increasing number of surgeries and the rising population with chronic wounds and ulcers. For instance, according to an article published in the Public Library of Science journal in May 2021, sutures provided better cosmesis and patient satisfaction. In contrast, staple closure was linked to a shorter operation time. Hence, the adoption of sutures is increasing, which is expected to fuel segment growth.
Furthermore, the rising company activities in developing sutures and product launches in the country also contribute to the market's growth. For instance, in July 2021, SUTUREGARD Medical, Inc. released a case report on using a novel suture retention device to prevent surgical wound dehiscence (SWD), in which the HEMIGARD ARS. This simple, inexpensive device can easily be added to standard-of-care skin closure techniques to prevent SWD and improve patient outcomes. The device is used to augment skin closure and prevent dehiscence. Thus, the segment is expected to witness significant growth during the forecast period due to the abovementioned factors.
Diabetic Foot Ulcer Segment is Expected to Show growth During the Forecast Period
Diabetes is one of the major factors for diabetic foot ulcers; various sources, such as research studies published in the National Library of Medicine, have suggested that nearly 15 to 25% of patients with diabetes mellitus have the chance to develop a diabetic foot ulcer during their lifetime. As the number of newly diagnosed diabetics is increasing every year in the United States, the incidence of diabetic foot ulcers is also predicted to increase. This is anticipated to increase the demand for wound care management products and fuel the segment growth over the forecast period in the United States.
According to the report published by the CDC in January 2022, around 37.3 million people had diabetes in 2021, which was 11.3% of the United States population. The same source also reported that around 96 million people aged 18 years or older had prediabetes, around 38.0% of the adult United States population, and around 26.4 million people aged 65 years or older (48.8%) had prediabetes in the same year.
In addition, as per an article published in BMJ in November 2022, the population with diabetes has tripled in the past 3 decades due to the poor lifestyles of the target population. Hence, with the rising burden of diabetes, the chances of diabetic ulcers are increasing; this is expected to create demand for wound care management products and fuel the segment's growth.
US Wound Care Management Devices Industry Overview
The United States wound management market is competitive and consists of several major players. The companies are also showing continuous growth and are developing new and differentiated products and services that address the evolving healthcare needs of patients, providers, and consumers. Some of the companies that are currently dominating the market are 3M Company, B Braun SE, Cardinal Health, Inc., Coloplast A/S, Johnson and Johnson, ConvaTec Group PLC, Integra Lifesciences, Medtronic, and Smith & Nephew.
US Wound Care Management Devices Market Leaders
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3M Company
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ConvaTec Group PLC
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Johnson and Johnson
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Smith & Nephew
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Medtronic
*Disclaimer: Major Players sorted in no particular order
US Wound Care Management Devices Market News
- April 2023: 3M Health Care's innovative 3M Veraflo Therapy, with both 3M Veraflo Cleanse Choice Complete Dressing and 3M™ V.A.C. Veraflo Cleanse Choice Dressing, received the first-ever Food and Drug Administration (FDA) clearance for hydromechanical removal of infectious materials, non-viable tissue and wound debris which reduces the number of surgical debridements required, while promoting granulation tissue formation, creating an environment that promotes wound healing.
- January 2023: Convatec launched the ConvaFoam, a family of advanced foam dressings designed to address the needs of healthcare providers and their patients in the United States. ConvaFoam can be used on a spectrum of wound types at any stage of the wound journey, making it the simple dressing choice for wound management and skin protection.
US Wound Care Management Devices Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
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4.2 Market Drivers
- 4.2.1 Increasing Incidences of Chronic Wounds, Ulcers and Diabetic Ulcers
- 4.2.2 Increase in the Number of Surgical Procedures
- 4.2.3 Rising Aging Population
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4.3 Market Restraints
- 4.3.1 Concerns with Stringent Regulations and Reimbursement Policies
- 4.3.2 High Treatment Costs
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4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Buyers/Consumers
- 4.4.2 Bargaining Power of Suppliers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD)
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5.1 By Product
- 5.1.1 Wound Care
- 5.1.1.1 Dressings
- 5.1.1.2 Wound Care Devices
- 5.1.1.3 Topical Agents
- 5.1.1.4 Other Wound Care Products
- 5.1.2 Wound Closure
- 5.1.2.1 Suture
- 5.1.2.2 Surgical Staplers
- 5.1.2.3 Tissue Adhesive, Strips, Sealant, and Glue
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5.2 By Wound Type
- 5.2.1 Chronic Wound
- 5.2.1.1 Diabetic Foot Ulcer
- 5.2.1.2 Pressure Ulcer
- 5.2.1.3 Venous Ulcer
- 5.2.1.4 Other Chronic Wounds
- 5.2.2 Acute Wound
- 5.2.2.1 Surgical Wounds
- 5.2.2.2 Burns
- 5.2.2.3 Other Acute Wounds
6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
- 6.1.1 Medtronic
- 6.1.2 3M Company
- 6.1.3 Smith & Nephew
- 6.1.4 Johnson and Johnson
- 6.1.5 ConvaTec Group PLC
- 6.1.6 B. Braun SE
- 6.1.7 Cardinal Health, Inc.
- 6.1.8 Teleflex Incorporated
- 6.1.9 Integra Lifesciences
- 6.1.10 Organogenesis Inc.
- 6.1.11 Medline Industries, Inc
- 6.1.12 Coloplast Corp.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
US Wound Care Management Devices Industry Segmentation
As per the report's scope, wound management products are majorly used to treat wounds. Wounds and injuries are common afflictions that affect billions of people worldwide. The products are highly resistant to environmental inhibitors and foreign particles and are used by a nurse under the physician's orders and supervision for many reasons. The United States Wound Care Management Market is segmented by Product (Wound Care and Wound Closure) and Wound Type (Chronic Wound and Acute Wound). The report offers the value (in USD) for the above segments.
| By Product | Wound Care | Dressings |
| Wound Care Devices | ||
| Topical Agents | ||
| Other Wound Care Products | ||
| By Product | Wound Closure | Suture |
| Surgical Staplers | ||
| Tissue Adhesive, Strips, Sealant, and Glue | ||
| By Wound Type | Chronic Wound | Diabetic Foot Ulcer |
| Pressure Ulcer | ||
| Venous Ulcer | ||
| Other Chronic Wounds | ||
| By Wound Type | Acute Wound | Surgical Wounds |
| Burns | ||
| Other Acute Wounds |
US Wound Care Management Devices Market Research FAQs
What is the current United States Wound Care Management Market size?
The United States Wound Care Management Market is projected to register a CAGR of 3.39% during the forecast period (2024-2029)
Who are the key players in United States Wound Care Management Market?
3M Company, ConvaTec Group PLC, Johnson and Johnson, Smith & Nephew and Medtronic are the major companies operating in the United States Wound Care Management Market.
What years does this United States Wound Care Management Market cover?
The report covers the United States Wound Care Management Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the United States Wound Care Management Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
US Wound Care Management Devices Industry Report
Statistics for the 2024 US Wound Care Management Devices market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. US Wound Care Management Devices analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
