U.S. Advanced Wound Care Market by Product, Application, and End User: Opportunity Analysis and Industry Forecast, 2020–2027,” the U.S. Advanced Wound Care market Size was valued at $3.35 billion in 2019 and is expected to reach $4.97 billion by 2027, registering a CAGR of 9.9% from 2020 to 2027. The chronic wounds segment accounted for more than two-third of the total advanced wound care market share in 2019.

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Advanced wound care include products that are used to treat chronic and acute wounds such as burns, ulcers, and postoperative wounds. Advanced wound care products such as hydrogels, hydrocolloids, film & foam dressings, and alginates keep wounds hydrated to facilitate rapid healing. Advanced wound care products provide solutions to patients suffering from chronic wounds by offering them reasonably priced and readily accessible products. Moreover, the report covers information on therapy devices, such as negative pressure wound therapies (NPWT), oxygen & hyperbaric oxygen equipment, electromagnetic therapy devices, electrical stimulation devices, and pressure relief devices. 

Advanced wound care therapies function on the principle of moisture therapy. This involves keeping a wound hydrated to facilitate faster healing. In addition, they are resistant to exogenous infections, and foreign particles. 

In addition, these products help to maintain a steady temperature around the wound, facilitate oxygen flow, relieve pain during dressing changes, and protect wounds from infection, which further fuels their demand in healthcare settings. Moreover, rise in adoption of evidence-based treatments for chronic wounds, problems associated with traditional wound healing methods, and attempts to reduce duration of hospital stays to lower healthcare expenses fuel growth of the U.S. advanced wound care market.

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Active wound care products are most popularly used in advanced wound care therapy as these products stimulate new tissue growth, control infection & pain, and facilitate supply of nutrition to wounds. These products involve substances ranging from relatively low-tech collagen to high-tech artificial growth factors that enhance wound healing process. Thus, advanced wound care products are expected to witness increased adoption, owing to rise in number of plastic surgeries. Conversely, high cost of advanced wound care products is anticipated to act as a restraint for the market. However, increase in focus toward advanced treatment protocols is expected to open new avenues for expansion of the U.S. advanced wound care market.

Depending on product, the therapy devices segment dominated the U.S. advanced wound care market in 2019, owing to rise in incidence rate of chronic diseases such as diabetes & obesity and surge in demand for innovative & advanced wound care products.

By application, the chronic wounds segment accounted for the highest revenue share in the U.S. advanced wound care market in 2019, and is expected to maintain its dominance during the forecast period. This is attributed to rise in prevalence of postoperative surgical wounds and surge in geriatric population. In addition, rise in awareness toward advanced wound care & improved diagnosis and technological advancements in advanced wound care products are expected to offer remunerative opportunities for market expansion in the future.

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