Market Size of Europe Advanced Wound Care Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Market Size (2024) | USD 3.98 Billion |
Market Size (2029) | USD 5.35 Billion |
CAGR (2024 - 2029) | 6.10 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Europe Advanced Wound Care Market Analysis
The Europe Advanced Wound Care Market size is estimated at USD 3.98 billion in 2024, and is expected to reach USD 5.35 billion by 2029, growing at a CAGR of 6.10% during the forecast period (2024-2029).
The major factors expected to drive the growth of the European advanced wound care market include the high and increasing burden of chronic diseases such as diabetes, a rising number of surgeries, and an increasing geriatric population, among other risk factors. Lower limb ulceration causes significant patient distress and exerts considerable pressure on the healthcare service in the region.
Notably, venous leg ulcers (VLUs) are the most common hard-to-heal wounds in the United Kingdom. For instance, according to data from the Integrated Care Journal published in September 2023, more than a million people in the United Kingdom are affected by lower limb ulcers, with around 560,000 classified as VLUs. This high prevalence underscores the rising demand for advanced wound care products in the United Kingdom, fueling market growth over the study period.
In addition, according to the International Diabetes Federation (IDF) 2024, the prevalence of diabetes in adults aged 20-79 years in Europe is estimated to be 67 million by 2030 and 69 million by 2045. The increasing prevalence of diabetes likely increases the risk of diabetic foot ulcers and is expected to create demand for advanced wound care and related products. Hence, the high and growing burden of ulcers and diabetic patients in European countries is expected to create demand for advanced wound care products and fuel the market growth over the forecast period.
Furthermore, the increasing investments in the development of advanced wound care products in Europe are expected to augment the growth of the studied market. For instance, in August 2024, the research team from the University of Manchester received funding of USD 2.21 million to develop an innovative wound dressing that aims to prevent infections and enhance the healing process. Therefore, such investments in the development of innovative wound care products are likely to boost the studied market growth over the forecast period.
Therefore, owing to the above-mentioned factors, such as the high burden of venuos leg ulcers, diabetes, and rising investments for the development of innovative wound care products, are likely to contribute to the studied market growth. However, the high cost associated with the treatment and reimbursement issues for the new technologies is the primary factor expected to impede the market growth over the forecast period.
Europe Advanced Wound Care Industry Segmentation
As per the scope of the report, advanced wound care comprises products for acute and chronic wounds, such as ulcers, burns, and post-operative wounds. Advanced wound care products, such as film and foam dressings, hydrogels, alginates, and hydrocolloids, keep the wound hydrated for healing without occluding the wound.
The advanced wound care market in Europe is segmented by product, wound type, and geography. By product, the market is segmented into wound dressings, active wound care, therapy devices, and other advanced wound care products. The wound dressings include film dressings, foam dressings, hydrogel dressings, collagen dressings, and other dressings. The active wound care includes skin substitutes and growth factors. The therapy devices include negative pressure wound therapy, pressure relief devices, hyperbaric oxygen equipment, compression therapy, and other therapy devices. By wound type, the market is segmented into chronic wounds and acute wounds. Chronic wounds include diabetic foot ulcers, pressure ulcers, arterial and venous ulcers, and other chronic wounds. The acute wound includes surgical wounds, burns, and other acute wounds. By geography, the market is segmented into Germany, United Kingdom, France, Italy, Spain, Rest of Europe. The report offers the value (in USD) for the above segments.
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Europe Advanced Wound Care Market Size Summary
The European advanced wound care market is poised for substantial growth, driven by a combination of factors including the rising prevalence of chronic diseases, an increasing number of surgeries, and a growing geriatric population. The market is expected to experience a healthy expansion over the forecast period, despite challenges posed by the COVID-19 pandemic, which initially disrupted elective surgeries and wound care management. However, government interventions and the critical role of antiseptics in wound treatment have helped mitigate these impacts. The market is further bolstered by the continuous innovation and product launches by key players, such as Advanced Medical Solutions and RLS Global, which are introducing advanced products like Silicone PHMB Foam Dressings and ChloraSolv to enhance wound care protocols.
The demand for advanced wound care products is anticipated to rise, particularly in countries like France, where the prevalence of diabetes and related chronic wounds is increasing. The market's growth is supported by the development of new technologies and products, such as the electrical stimulation wound therapy device Accel-Heal, which facilitates home-based treatment for chronic wounds. Additionally, initiatives like the Circular Foam project aim to reduce raw material costs, further contributing to market expansion. The fragmented nature of the market, with major players like Coloplast AS, Integra Lifesciences, and ConvaTec Group PLC, underscores the competitive landscape, where companies are actively pursuing mergers, acquisitions, and collaborations to strengthen their market presence.
Europe Advanced Wound Care Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Incidences of Chronic Wounds, Ulcers, and Diabetic Ulcers
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1.2.2 Increase in Volume of Surgical Procedures
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1.2.3 Rising Geriatric Population
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1.3 Market Restraints
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1.3.1 Lack of Proper Reimbursements
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1.3.2 High Treatment Costs
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value – USD)
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2.1 By Product
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2.1.1 Wound Dressings
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2.1.1.1 Film Dressings
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2.1.1.2 Foams Dressings
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2.1.1.3 Hydrogel Dressings
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2.1.1.4 Collagen Dressings
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2.1.1.5 Other Dressings
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2.1.2 Active Wound Care
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2.1.2.1 Skin Substitutes
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2.1.2.2 Growth Factors
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2.1.3 Therapy Devices
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2.1.3.1 Negative Pressure Wound Therapy
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2.1.3.2 Pressure Relief Devices
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2.1.3.3 Hyperbaric Oxygen Equipment
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2.1.3.4 Compression Therapy
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2.1.3.5 Other Therapy Devices
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2.1.4 Other Advance Wound Care Products
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2.2 By Wound Type
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2.2.1 Chronic Wound
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2.2.1.1 Diabetic Foot Ulcer
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2.2.1.2 Pressure Ulcer
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2.2.1.3 Arterial and Venous Ulcer
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2.2.1.4 Other Chronic Wound
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2.2.2 Acute Wound
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2.2.2.1 Surgical Wounds
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2.2.2.2 Burns
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2.2.2.3 Other Acute Wounds
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2.3 Geography
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2.3.1 Germany
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2.3.2 United Kingdom
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2.3.3 France
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2.3.4 Italy
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2.3.5 Spain
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2.3.6 Rest of Europe
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Europe Advanced Wound Care Market Size FAQs
How big is the Europe Advanced Wound Care Market?
The Europe Advanced Wound Care Market size is expected to reach USD 4.22 billion in 2025 and grow at a CAGR of 6.10% to reach USD 5.68 billion by 2030.
What is the current Europe Advanced Wound Care Market size?
In 2025, the Europe Advanced Wound Care Market size is expected to reach USD 4.22 billion.