Delray Beach, FL, Aug. 15, 2025 (GLOBE NEWSWIRE) — Growing demand for advanced wound management solutions meets innovation and strategic expansion across global healthcare systems
The global wound care market, valued at US$20.97 billion in 2024, stood at US$22.22 billion in 2025 and is projected to advance at a resilient CAGR of 6.5% from 2025 to 2030, culminating in a forecasted valuation of US$30.48 billion by the end of the period. This growth is propelled by an upsurge in traumatic and burn injuries, the increasing prevalence of chronic diseases, and the swelling ranks of the geriatric population. Governments and healthcare providers are also driving adoption through supportive reimbursement frameworks, while new technologies are redefining care delivery.
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What is Driving Growth?
The World Health Organization reports 1.3 million traffic fatalities and 20–50 million nonfatal injuries annually, many involving severe wounds that require specialized care. Workplace incidents remain another critical factor, with the International Labour Organization citing 270 million occupational accidents each year. High-burden regions such as the U.S., India, and China are intensifying demand for advanced wound care solutions, pushing healthcare systems to integrate these products into standard treatment protocols.
Where Are the Challenges?
While advanced wound care products—such as bioengineered skin substitutes, antimicrobial dressings, and negative pressure wound therapy—demonstrate strong clinical outcomes, high costs remain a barrier in low- and middle-income countries. Chronic wounds affect 1–2% of the global population and can cost up to USD 50 million annually to manage, particularly for diabetic foot ulcers, which impact one in four diabetic patients. Without expanded reimbursement policies or scalable, cost-effective solutions, access remains restricted.
How Is Technology Reshaping the Market?
Innovation is enabling more personalized, efficient, and home-based care. Smart dressings capable of real-time infection detection, extended-wear negative pressure systems, and biologics are improving patient outcomes and …