India Wound Care Market to Grow with a CAGR of 5.21% through 2030
Surge in
research and development activities is expected to drive the India Wound Care
Market growth in the forecast period, 2026-2030.
According to
TechSci Research report, “India Wound Care Market - By Region, Competition, Forecast & Opportunities, 2030F”, the India Wound Care
Market stood at USD 173.62 Million in 2024 and is anticipated to grow with a
CAGR of 5.21% through 2030. The
Indian government has launched several initiatives to improve wound care
management and accessibility across the country, particularly for economically
disadvantaged populations. These programs focus on strengthening healthcare
infrastructure, raising awareness about wound care, and ensuring affordable
treatment options.
One
of the notable initiatives is Ayushman Bharat-Pradhan Mantri Jan Arogya
Yojana (PM-JAY), which aims to provide free healthcare services to economically
weaker sections. Under this scheme, patients suffering from chronic wounds,
diabetic ulcers, and surgical wounds can access advanced wound care treatments
at empaneled hospitals. This initiative has significantly improved access to
quality care, particularly in rural and underserved areas.
Another
effort includes the National Program for Prevention and Control of Cancer,
Diabetes, Cardiovascular Diseases, and Stroke (NPCDCS), which indirectly
addresses wound care by focusing on the management of diabetes—a leading cause
of chronic wounds such as diabetic foot ulcers. The program emphasizes early
diagnosis and management to prevent complications, thereby reducing the wound
burden in the country.
The surge in research and development (R&D) activities has emerged as a significant driver in the India wound care market, propelling innovation and the introduction of advanced solutions for effective wound management. With increasing cases of chronic wounds, such as diabetic ulcers, pressure ulcers, and venous leg ulcers, as well as post-surgical wounds, there is a heightened demand for effective and efficient treatments. This demand has driven both domestic and international companies to invest heavily in R&D to develop innovative wound care products tailored to the specific needs of the Indian population.
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The India Wound
Care Market is segmented into product, application, end use, regional distribution,
and company.
Based
on End Use, Hospitals have emerged as the dominating segment in the India Wound
Care Market in 2024. This is due to their role as primary centers for advanced
wound care treatments. Hospitals are equipped with state-of-the-art facilities
and a wide range of wound care products, including advanced dressings, surgical
wound care solutions, and wound therapy devices. They cater to patients with
chronic wounds, post-operative wound management, and acute injuries, driving
demand. Moreover, the increasing number of surgeries and trauma cases treated
in hospitals, coupled with trained medical professionals specializing in wound
management, reinforces their dominance in the market.
Based on Region,
South India have emerged as the fastest growing region in the India Wound Care
Market in 2024. This growth is driven by a high prevalence of diabetes and
related chronic wounds, increasing healthcare awareness, and better access to
advanced wound care solutions. South India is home to several leading
healthcare institutions and hospitals that prioritize advanced wound care
technologies, further boosting market growth. Additionally, government
healthcare programs and private investments in improving healthcare
infrastructure in states like Tamil Nadu, Kerala, Karnataka, and Andhra Pradesh
contribute to the region's rapid expansion.
Major companies
operating in India Wound Care Market are:
- Smith &
Nephew Healthcare Pvt Ltd
- Molnlycke
Healthcare India Private Limited
- Baxter
India Private Limited
- Coloplast
India Pvt. Ltd.
- Medtronic
plc
- 3M
India Limited
- MIMEDX
Group
- Medline
Industries India Private Limited
- Johnson
& Johnson Private Limited
- B.
Braun SE
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“The rising number of traumatic injuries
in India has significantly impacted the demand for wound care products, driving
the market's growth. With increasing urbanization and industrialization, the
country has witnessed a surge in road accidents, workplace injuries, and other
trauma-related incidents, all of which require effective wound management
solutions. According to the World Health Organization (WHO), India accounts for
nearly 11% of the global road accident deaths, with approximately 1.5 lakh
fatalities reported annually, highlighting the critical need for efficient
wound care systems.”, said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based management consulting firm.
“India Wound Care Market
By Product (Advanced Wound Dressing, Surgical Wound Care, Traditional Wound
Care, Wound Therapy Devices), By Application (Chronic, Acute), By End Use
(Hospitals, Specialty Clinics, Home Healthcare, Physician’s Office, Nursing
Homes, Others), By Region, Competition, Forecast & Opportunities, 2020-2030F”,
has evaluated the future growth potential of India Wound Care Market and
provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in India Wound Care Market.
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