Germany Wound Care Management Market Size

Germany Wound Care Management Devices Market Analysis

The Germany Wound Care Management Market size is estimated at USD 581.28 million in 2024, and is expected to reach USD 712.67 million by 2029, growing at a CAGR of 4.16% during the forecast period (2024-2029).

The COVID-19 pandemic created serious disruptions in healthcare services, including the treatment of injured patients. Instead of preventing wound healing, the primary goal of wound care during the pandemic was to minimize significant wound complications, decrease hospitalization, and avoid surgery. According to the study published by the International wound Journal in February 2021, in Germany, the pandemic hindered access to clinical care for chronic wounds. However, the limitations had no appreciable effect on the quality of life associated with wound care or at-home care. Despite its obvious benefits in wound care, particularly in light of the pandemic, telemedicine is hardly used in Germany when compared with the past. Thus, the wound care management market is expected to continue to grow, with a significant impact over the forecast period.

The increasing cases of chronic wounds, ulcers, and diabetic ulcers in Germany are expected to drive the growth of the market. With the increasing cases of diabetes in Germany and diabetic patients being more likely to develop diabetic ulcers, it is anticipated that the wound care management market will expand significantly. According to the International Diabetes Federation 2021, in Germany, 6,199.9 thousand people had diabetes in 2021, and by 2030 the number is expected to increase by 6,519.7 thousand. Thus, due to the increasing prevalence of diabetes, which is a key risk factor for the formation of foot ulcers, the demand for wound care will rise and is expected to have significant growth over the forecast period.

Market expansion is likely to be aided by the fact that market participants frequently launch new products and employ a variety of growth strategies in their specific segments. For instance, in June 2021, German company Schülke & Mayr GmbH (schülke) and Bactiguard agreed to an exclusive distribution agreement of wound care solutions for German hospitals. These agreements will further expand wound care management to various healthcare facilities and are expected to drive the growth of the market.

However, reimbursement issues and the high cost of products may restrain the growth of the market over the forecast period.