China Wound Care Management Market Size

Statistics for the 2023 & 2024 China Wound Care Management market size, created by Mordor Intelligence™ Industry Reports. China Wound Care Management size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of China Wound Care Management Industry

China Wound Care Management Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 587.67 Million
Market Size (2029) USD 706.43 Million
CAGR (2024 - 2029) 3.75 %
Market Concentration Low

Major Players

China Wound Care Management Market Major Players

*Disclaimer: Major Players sorted in no particular order

setting-icon

Need a report that reflects how COVID-19 has impacted this market and its growth?

China Wound Care Management Market Analysis

The China Wound Care Management Market size is estimated at USD 587.67 million in 2024, and is expected to reach USD 706.43 million by 2029, growing at a CAGR of 3.75% during the forecast period (2024-2029).

The COVID-19 pandemic impacted China's wound care management market. For instance, an article published by the International Wound Journal in March 2022 reported that during the pandemic, wound problems increased due to the lack of proper wound care facilities in hospitals and clinics due to COVID-19 restrictions; as a result, China's wound care management market witnessed challenges, thereby impacting the growth of the studied market. However, in the current scenario, it is estimated that with the resumption of services in the hospitals and clinics in the country, the market is expected to witness significant growth over the forecast period.

The factors that are driving the growth of the studied market are the increasing demand for wound recovery products, the rising incidence of chronic wounds, and an increase in the number of surgeries.

The high incidence of diabetes in China is a defining characteristic of the nation, and as a result, there is an increasing need for wound care management to lower the risk of slow-healing wounds in diabetic patients.As ulceration of the foot in diabetes is common and disabling and frequently leads to amputation of the leg, the incidence of chronic wounds, especially foot ulcers, increases among the diabetic population. For instance, in 2021, the International Diabetes Federation (IDF) reported that the number of diabetic cases reported in China in the year 2021 was 140.9 million, which accounted for 10.6% of China's population, and this number is expected to increase by 164.06 million by 2030. According to the report, the country will have 72.83 million undiagnosed cases of diabetes in 2021. Thus, high cases of diabetes are marked by a high incidence of diabetic foot ulcers, thereby increasing the demand for diabetic foot care management in China.

China is getting more requests for wound care management because the number of chronic wounds is going up. For example, an article published by the NCBI in March 2021 said that diabetes (22.5%), infection (22.5%), pressure (17.2%), and trauma (10.2%) were the most common reasons for chronic wounds on the skin in China. Notably, chronic cutaneous wounds have become a major challenge in the country, and therefore, due to this, there is an increasing demand for wound care management, which is driving the market.

Furthermore, the growing number of surgical procedures is propelling the market forward. For instance, an article published by Biomedical and Environmental Sciences in July 2022 reported that in the year 2020, according to the data from 714 hospitals performing cardiac surgery in China, a total of 62,704 patients received surgery for congenital heart disease, accounting for 28.2% of all cardiac and aortic surgeries. The high number of surgeries reported in China is increasing the demand for wound care management products and driving the growth of the studied market.

Thus, the market is expected to grow a lot over the next few years because there is more demand for wound recovery products, more people are getting chronic wounds, and more surgeries are being done. But strict rules and problems with getting paid may slow the growth of the market over the next few years.

China Wound Care Management Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)