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.
North America Wound Care Market Overview
The North America wound care market is divided into the US, Canada, and Mexico, with the US holding the largest market share in 2022. Chronic wounds—primarily caused by ulcers and diabetes—are a significant burden in the US. According to the National Library of Medicine, primary diagnoses related to chronic ulcers cost the US healthcare system approximately US$28 billion annually, with secondary diagnoses pushing the figure to around US$31.7 billion.
The American Diabetes Association (ADA) reports that between 9 and 12 million Americans suffer from chronic ulcers. Alarmingly, the mortality rate following a leg ulcer-related amputation doubles within three years, rising from 20% to 50%, and climbs to 70% within five years. Furthermore, according to Mary Ann Liebert, Inc., about 3% of Americans over the age of 65 have open wounds. With the US elderly population projected to surpass 77 million by 2060, chronic wounds will remain a pressing healthcare concern.
This growing aging demographic further fuels the demand for effective wound care treatments, reinforcing the expansion of the wound care market in the United States and across North America.
Rising Prevalence of Chronic Diseases Drives Growth in North America wound care market
The increasing incidence of chronic diseases such as diabetes, cancer, and autoimmune disorders significantly impairs the body's natural wound healing process. Among these, diabetes is the most prevalent and poses a substantial challenge to wound recovery by weakening the immune system. According to the National Center for Biotechnology Information (NCBI), as of July 2021, approximately 500 million people globally are affected by diabetes mellitus (DM), with numbers expected to rise sharply in the coming years. In the United States alone, diabetes-related healthcare costs—including medical expenses and lost productivity—exceed US$300 billion annually.
A study by the NCBI titled Diabetic Wound-Healing Science reveals that as many as 1 in 3 individuals and 1 in 5 diabetic patients will develop a chronic nonhealing wound, such as a diabetic foot ulcer (DFU), during their lifetime. High blood sugar levels foster biofilm formation, making diabetic wounds particularly difficult to manage. As chronic diseases extend the healing process, the long-term need for wound care products, especially dressings, continues to rise.
Additionally, the growing prevalence of cancer has led to an increase in surgical procedures, often resulting in large, deep postoperative wounds that require ongoing care. Advanced wound dressings—such as hydrogels, alginates, and foams—play a crucial role in managing wound exudate and preventing infections. This surge in chronic disease cases is a key driver behind the expanding demand for wound care solutions across North America.
The North America wound care market is segmented as follows:
- North America wound care market By Product:
- Advanced Wound Dressing (held the largest market share in 2022)
- Surgical Wound Care
- Traditional Wound Care
- Wound Therapy Devices
- North America wound care market By Wound Type:
- Chronic Wounds (held a larger market share in 2022)
- Acute Wounds
- North America wound care market By End User:
- Hospitals (held the largest market share in 2022)
- Specialty Clinics
- Home Healthcare
- Others
- North America wound care market By Country:
- US (dominated the North America wound care market in 2022)
- Canada
- Mexico
Leading companies operating in this North America wound care market include:
- 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 market 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 market 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.
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Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights
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