U.S. Wound Care Centers Market Revenue to Attain USD 19.70 Bn by 2033

31 Dec 2024

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Table of Content

1. U.S. Wound Care Centers Market Revenue and Trends 2023 to 2033 2. Market Overview 3. Report Highlights of the U.S. Wound Care Centers Market  4. U.S. Wound Care Centers Market Coverage 5. U.S. Wound Care Centers Market Trends 6. Country Insights 7. Market News 8. U.S. Wound Care Centers Market Key Players

U.S. Wound Care Centers Market Revenue and Trends 2023 to 2033

The U.S. wound care centers market revenue was valued at USD 13.90 billion in 2024 and is expected to attain around USD 19.70 billion by 2033, growing at a CAGR of 4.00% during the forecast period. The rise in the cases of chronic wounds, the increase in surgical procedures, and the aging population contribute to the market's growth.

Market Overview

Wound care centers focus on treating and managing various types of wounds. These centers offer a range of goods and services for treating and managing acute and chronic wounds. They also reduce the need for hospital admission. The market is witnessing rapid growth due to the growing preference for outpatient settings. With the rising prevalence of chronic diseases like diabetes, the number of cases of chronic wounds is rising. Moreover, the growing geriatric population contributes to market expansion, as older people are more prone to chronic diseases.

Rising innovations in wound care technology, the increasing demand for negative pressure wound therapy, and the use of bioactive materials boost market growth. Rising approvals of wound care products, such as topical medications, bandages, dressings, gauze, and cutting-edge wound care technology, propel the market.  The availability of insurance coverage and reimbursement policies covering wound treatments further contribute to market expansion. Moreover, the easy availability of advanced wound care products and services in wound care centers drives the market.

Report Highlights of the U.S. Wound Care Centers Market 

• By type, the hospitals segment dominated the market with the largest share in 2024. This is mainly due to the increased hospital admissions and cases of hospital-acquired infections (HAIs). Hospitals are often equipped with sophisticated wound care technologies and a multidisciplinary team of nurses, surgeons, and wound care specialists. This encourages individuals to receive treatment from these settings, contributing to segmental growth.
• By procedure, the hyperbaric oxygen therapy segment held the largest market share in 2024 due to its increased use in wound care facilities for treating conditions like diabetic foot ulcers, crush injuries, damaged flaps and grafts, and other non-healing wounds. This therapy raises blood oxygen levels and supports the body’s inherent healing mechanism.

U.S. Wound Care Centers Market Coverage

U.S. Wound Care Centers Market Trends

• Rising Awareness of Timely Intervention: With the growing awareness of timely intervention of wounds, there is a high demand for wound care products. The easy availability of sophisticated wound care treatments in wound care centers and the increasing cases of chronic wounds among older people contribute to market expansion. For instance, according to the report published by the National Institutes of Health (NIH) in 2023, chronic wounds affect 10.5 million U.S. Medicare beneficiaries. Chronic wounds impact the quality of life of nearly 2.5% of the total population of the U.S., highlighting the need for wound care products.
• Rising Collaboration: Wound care centers are collaborating with hospitals and primary care providers to expand accessibility to sophisticated wound care products. Moreover, rising investments in research and development to develop cutting-edge wound care technologies positively impact the market.
• Increasing Educational Programs: Several organizations offer wound care-specific certification programs to gain practical skills in wound care treatment through seminars and include practice with cutting-edge wound care products, various dressing procedures, and techniques. They also address infection management with advanced wound care technology and assessment techniques.

Country Insights

The U.S. is at the forefront of technological advancements, leading to the rapid development of advanced wound care products like smart dressings. There is high adoption of telemedicine solutions for remote wound monitoring to improve patient outcomes and reduce healthcare costs. Rising collaborations among research institutes, healthcare providers, and wound care centers to develop innovative products and treatments further boost the U.S. wound care centers market.

• For instance, in May 2024, Healthy.io and Johns Hopkins, a US-based private research university, collaborated to utilize new patient-facing technology to improve wound care management for patients suffering from chronic diabetic wounds. This technology enables patients to scan their wounds with convenience and privacy from their homes and allows care teams to monitor patients remotely in real-time, providing early interventions to prevent severe wound deterioration, resulting in better health outcomes and cost savings.

Market News

• In September 2024, Wound Care Advantage (WCA) announced the opening of its first Wound Care Innovation Center: Santa Clarita Valley Wound Care and Hyperbarics. In partnership with Ian R. Cook, MD, this facility is dedicated to advancing treatment modalities that radically improve patient care, experience, and outcomes. By utilizing real-world data, WCA aims to enhance the patient’s experience and reduce the costs of wound care.
• In June 2024, researchers at Keck School of Medicine of USC announced a plan to develop advanced electronic bandages and other tools to improve chronic wound monitoring and healing, which include diabetic ulcers, surgical wounds, pressure injuries, and other problems. It utilizes a series of cutting-edge technologies to improve wound care including smart bandages that will automatically sense and respond to changing conditions inside a wound and provide data on healing and potential complications.  

U.S. Wound Care Centers Market Key Players

• Hologic, Inc.
• Woundtech
• Wound Care Advantage, LLC
• Wound Care Specialists, LLC
• RestorixHealth
• DFW Wound Care Center
• Wound Providers of America
• American Wound Care
• WoundCentrics
• Wound Care Solutions, Inc.

Market Segmentation

By Type

• Hospitals
• Clinics

By Procedure

• Debridement
• Negative Pressure Wound Therapy
• Compression Therapy
• Hyperbaric Oxygen Therapy
• Specialized Dressings
• Infection Control

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