Key Market Indicators
Chinese demand for wound dressings is set to reach $278.9 million by 2026, growing at a compound annual growth rate of 2.7%. Since 1997, demand has grown by 5.9% each year. In 2021, China ranked sixth in the world, with Singapore overtaking it at $239.8 million. Germany, the United States and Japan ranked second, third and fourth, respectively. Export of wound dressings from China is expected to reach $6.7 million by 2026, falling on average by 0.9% year on year. Since 1997, Chinese supply has risen by 8.4% annually. In 2021, China was ranked 25th in the world, with Greece surpassing it at $7.2 million. Belgium, Germany and Austria were ranked second, third and fourth, respectively.
