Apelo Consulting has released a report on “Global Wound Care Market (by Product Type, Application, Wound Type, Country and Company Analysis), Size, Share, Acquisitions, Recent Developments - Forecast to 2032”
billion (2032) Aging population and higher surgical procedure volumes Rising chronic diseases; diabetes surge linked to sedentary lifestyles 15% of individuals with diabetes develop foot ulcers (California Podiatric Medical Association) Government initiatives, healthcare infrastructure development, and patient support programs Wound care's role in preventing infections and improving patient outcomes Apelo Consulting | Page 2 Market Overview Europe Solar Panel Market | 2024-2030 Size & Growth Key Growth Drivers
Global Wound Care Market | 2024-2032 MiMedx Group, Inc. Newest addition to the Advanced Wound Care portfolio featuring PURION-processed placental allograft. Designed specifically for treating acute and chronic hard-to-heal wounds. Apelo Consulting | Page 3 EPIXPRESS Smith & Nephew Biodynamic hematogel derived from patient's own platelets and plasma. Once applied, assists the natural healing process by maintaining a moist wound environment CENTRIO PRP System Convatec Group Unique porcine placenta-derived medical device designed to support the body's natural healing response. Received EU and UK regulatory approval for hard-to-heal wounds. ConvaMatrix
most significant market globally. High adoption of advanced wound care solutions. Growth drivers: large population, rising incomes, increasing awareness. Healthcare spending rising in Australia, India, and China. Expanding access to modern wound care across the region. U.K.: ~2.2M people with chronic wounds. NHS spends ~£5.3B annually on wound management. Strong presence of leaders (e.g., Smith & Nephew, BSN Medical). Regional Market Analysis Apelo Consulting | Page 7 North America Asia Pacific Europe Largest share Second-largest Fastest-growing Global Wound Care Market | 2024-2032
wound management Growing geriatric population with increased susceptibility to chronic wounds and delayed healing Rising prevalence of chronic diseases such as cardiovascular conditions and autoimmune disorders Diabetes surge linked to sedentary lifestyles, leading to diabetic foot ulcers (15% of patients) Government initiatives, improved healthcare infrastructure, and patient support programs Technological innovation including advanced NPWT devices and bioengineered skin substitutes Cost and pricing pressures in commoditized segments of the wound care market Reimbursement variability across regions affecting adoption of advanced wound care products Need for strong clinical evidence to demonstrate efficacy and cost-effectiveness Clinician adoption barriers for newer technologies and treatment approaches Regulatory requirements and compliance costs for product approvals Competitive intensity among established players and new entrants in growing markets Market Dynamics Apelo Consulting | Page 9 Driving Factors Key Challenges Global Wound Care Market | 2024-2032
35.2B Market Value 2024 Innovation Priorities Advanced NPWT devices: Technological improvements in Negative Pressure Wound Therapy driving significant segment growth Bioengineered skin & skin substitutes: Fastest-growing segment, revolutionizing treatment for non-healing wounds Strategic Takeaway Effective wound care remains critical to patient safety, infection prevention, and improved outcomes—favoring solutions that combine clinical efficacy, strong evidence, and healthcare accessibility. Market growth will be driven by innovations addressing non-healing wounds, particularly as diabetes and age- related conditions continue rising globally. Apelo Consulting | Page 10 Projected Value 2032 Regional Opportunities APAC expansion: Fastest-growing region with large population, rising disposable incomes, and increasing awareness North America leadership: Continued dominance with advanced healthcare infrastructure and major player presence Europe growth: Sustained development through key regional companies and substantial healthcare investment Global Wound Care Market | 2024-2032