Wound care is a complex
$20B market.
It is expected to increase to
$30B globally by 2030.
Ageing population
Obesity
Diabetes
Traumatic injuries
Surgical operations
The U.S. market was $8B in 2022
and will increase to $14B by 2032.
Adding the cost of other expenditures such as hospitalizations, ER visits, surgical procedures and outpatient visits, the total cost of wound care in the US in 2019 was an estimated $127B.
Queen, 2023