Key Market Indicators
The wound dressing market is projected to see modest growth, with consumption expected to rise to approximately $446 million by 2028. This represents a slight increase from the current figure of about $444 million in 2023, marking an average annual growth rate of 0.1%. In recent years, the demand for wound dressings has shown a yearly growth rate of 0.5%, indicating a steady, albeit slow, expansion in the market. China, Japan, and the United Kingdom have emerged as key players in this sector, ranking second, third, and fourth respectively in global consumption. This trend underscores the significant role these countries play in the global wound care market.
