Wound and Tissue Management Market Size, Share, and Trends Analysis - United States - 2024-2030 - MedSuite - Includes: Wound Closure Market, Traditional Wound Dressing Market, and 11 more
In 2023, the U.S. wound and tissue management market was valued at $12.2 billion, with expectations for it to grow at a 3.9% CAGR, reaching $15.9 billion by the end of the forecast period. The full report on this market encompasses a wide range of segments, including wound closure, traditional and advanced wound dressings (such as moist, antimicrobial, interactive, and non-adherent contact layers), surgical hemostats, tissue sealants, anti-adhesion products, negative pressure wound therapy (NPWT), static compression therapy, and dynamic compression therapy.
DATA COVERED IN THE REPORT:Unit Sales, Pricing Trends, and Market Growth
Projections to 2030 and Historical Insights from 2020
Key Drivers and Restraints by Segment
Competitive Landscape with Market Share Breakdown
Recent Mergers & Acquisitions
Procedure Volumes
Competitor Profiles, Product Portfolios, and SWOT Analysis for Leading Companies
Impact of COVID-19
U.S. WOUND AND TISSUE MANAGEMENT MARKET TRENDS:While most wound and tissue management segments are experiencing growth, the market faces challenges due to the availability of alternative wound care options. Traditional wound dressings are increasingly being replaced by advanced products, although even within the advanced segment, some dressings are outperformed by newer methods tailored to specific wound types
U.S. WOUND AND TISSUE MANAGEMENT MARKET LEADERS:Three major companies dominate the U.S. wound and tissue management market: Ethicon, 3M, and Medtronic.
Ethicon holds the top position, primarily due to its leading role in wound closure, representing over 25% of the total market. Additionally, Ethicon has a strong presence in surgical hemostats, anti-adhesion, and tissue sealants, with steady growth expected in these sectors.
3M ranks second, driven by its dominant 75%+ market share in NPWT and significant stake in advanced wound dressings. Both segments are anticipated to grow at a 4-5% CAGR, reinforcing 3M’s strong foothold.
Medtronic secures third place, thanks to its significant share in wound closure products like sutures, staplers, and ligating clips, which account for over a quarter of that market segment. Despite limited activity in other areas, Medtronic’s position in wound closure ensures its market strength.
MARKET SEGMENTATION OVERVIEW:Wound Closure Market: Includes sutures, staplers, ligating clips, skin closure strips, mesh, and cyanoacrylate-based tissue adhesives.
Traditional Wound Dressings: Comprises gauze, tapes, bandages (excluding compression types), and cotton-based products.
Advanced Wound Dressings: Covers moist, antimicrobial, interactive dressings, and non-adherent contact layers.
Moist Dressings: Encompasses foam, transparent films, hydrocolloid, alginate, gelling fiber, and hydrogel dressings.
Antimicrobial Dressings: Includes both silver-based and non-silver antimicrobial options.
Interactive Dressings: Biomaterials such as collagen-based products and skin substitutes.
Non-Adherent Contact Layers: Used in hospital and alternate care settings.
Surgical Hemostats: Includes thrombin-based, oxidized cellulose, gelatin, collagen, polysaccharide, and combination hemostats.
Tissue Sealants: Includes fibrin, protein, and synthetic-based tissue sealants.
Anti-Adhesion: Used for gynecological, abdominal, and other surgeries to prevent adhesion.
Negative Pressure Wound Therapy (NPWT): Includes single-use pumps, conventional NPWT rentals, dressings, and canisters.
Static Compression Therapy: Consists of compression stockings, AES, compression bandages, and Unna boots.
Dynamic Compression Therapy: Comprises dynamic DVT prevention sleeves, mobile DVT prevention, and pneumatic compression devices.
RESEARCH SCOPE SUMMARY:Regions: United States
Base Year: 2023
Forecast Period: 2024-2030
Historical Data: 2020-2022
Quantitative Coverage: Market Size, Shares, Forecasts, Growth Rates, Units Sold, and Prices
Qualitative Coverage: COVID-19 Impact, Market Trends, Limiters, Competitive
Landscape, SWOT, Mergers & Acquisitions, FDA Recalls, Disruptive Technologies,
Disease Insights
Data Sources: Interviews with industry experts, government and regulatory data, hospital statistics, import/export records, and internal iData Research databases.