Segments - U.S. Wound Care Centers Market by Procedures (Pressure Wound Therapy, Infection Control, Debridement, Negative Compression Therapy, Hyperbaric Oxygen Therapy, Specialized Dressings, and Others) and Country - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
The U.S. wound care centers market size was valued at USD 14.09 Billion in 2022 and is expected to reach USD 20.23 Billion by 2031, expanding at a CAGR of 4.1% during the forecast period, 2023–2031. The growth of the market is attributed to the rising prevalence of chronic injuries in the geriatric population.
Wound care is essential for preventing infections and promoting patient well-being. It specifically relates to treatment options for skin ulcers, pressure sores, and other skin-breaching lesions. Wound infection is potential hazard for both healthcare personnel and patients around the world. Advanced wound dressings, traditional wound care, surgical wound care, and wound treatment devices are the different types of wound care products. Acute and chronic wounds are the two most common types of wounds.
The COVID-19 pandemic outbreak has a considerable impact on market growth. During the pandemic, wound care centers were not functional due to lockdown and social distancing norms implemented by government agencies and companies. However, the market is expected to recover an uptrend operation soon owing to subsiding the COVID cases significantly across the globe.
Growing prevalence of diseases & conditions affecting wound healing capabilities is one of the key factors driving the market growth.
Increasing number of surgical procedures is expected to boost the market growth in the coming years.
Technological advancement in wound care industry is expected to fuel the market growth during the forecast period.
High cost associated with advanced wound care product presents a major challenge. This is anticipated to hinder the market growth in the projected period.
Rising demand for outpatient services is projected to create significant growth opportunities for the market in the near future.
The report on the U.S. wound care centers market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Wound Care Centers Market – The U.S. Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016–2021 |
Forecast Period |
2023–2031 |
Segmentation |
Procedures (Pressure Wound Therapy, Infection Control, Debridement, Negative Compression Therapy, Hyperbaric Oxygen Therapy, Specialized Dressings, and Others) |
Country |
The U.S. |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Healogics, Inc.; Tower Wound Care Clinic; SNF Wound Care; WOUND INSTITUTE OF AMERICA; EmergeOrtho; North Shore Health and Hyperbarics; Natchitoches Regional Medical Center; Schoolcraft Memorial Hospital; Baptist Health South Florida; Wound Care Center NYC; and Clarion Hospital |
Based on procedures, the U.S. wound care centers market is segregated into pressure wound therapy, infection control, debridement, negative compression therapy, hyperbaric oxygen therapy, specialized dressings, and others. The hyperbaric oxygen therapy segment is expected to grow at a rapid pace during the forecast period owing to the effective outcomes with the use of the therapy for chronic injuries, such as arterial ulcers diabetic and foot ulcers. However, the debridement segment is anticipated to hold a key share of the market in the coming years due to the benefits for removal of senescent cells and necrotic tissue & bacteria.
The U.S. wound care centers market has been segmented on the basis of
Key players competing in the U.S. wound care centers market are Healogics, Inc.; Tower Wound Care Clinic; SNF Wound Care; WOUND INSTITUTE OF AMERICA; EmergeOrtho; North Shore Health and Hyperbarics; Natchitoches Regional Medical Center; Schoolcraft Memorial Hospital; Baptist Health South Florida; Wound Care Center NYC; and Clarion Hospital. As part of their efforts to expand their client base and acquire a competitive advantage over competitors, manufacturers operating in the market have adopted various strategic initiatives, such as partnerships, collaborations, and mergers & acquisitions. Moreover, companies are focusing on investment in R&D for development and launching of new products to maintain their competitive positions in the market.
For instance, in June 2020, Natchitoches Regional Medical Center introduced a wound care center, which offers four hyperbaric chambers. In January 2019, Schoolcraft Memorial Hospital proposed a $10.0 million expansion to accommodate growth in existing ones and add new services. An outpatient specialty clinic provides services, such as rehabilitation, physical medicine, and wound care at the new facility.