Market Size of India Wound Care Management Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.20 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
India Wound Care Management Market Analysis
The India wound care management market is expected to register a CAGR of 6.2% over the forecast period.
The spread of COVID-19 rapidly developed into a pandemic, causing serious disruptions to health services, including the care of wounded patients. Due to the need, the delivery of wound care, which should be considered an important medical service, has changed. The main objectives of wound care during this time were to prevent major wound complications to reduce hospitalization and surgery, where possible, rather than eliminate wound healing. Before the pandemic, wound care aims to heal patients' wounds with a combination of smart antibiotics, adequate dressing, and proper loading. As this requires regular visits to the hospital, management's focus has shifted to focus on preventing the development of ulcer problems and hospitalization during COVID-19 times in India according to the article published by Avica Atri, Christian Medical College & Hospital, Vellore, Tamil Nadu India, in 2020
Generally, the wound care management devices market in India is expected to grow due to the increasing incidences of chronic wounds, ulcers, and diabetic ulcers. There is also an increasing prevalence of diabetes, which is the primary cause of diabetic foot ulcers in India.
According to International Diabetes Federation, 2020, there were 77,005,600 number of adults with diabetes in the country, with 8.9% of prevalence in adult population. The survey conducted between 2015 and 2019 by the Rajendra Prasad Center for Ophthalmic Sciences, All India Institute of Medical Sciences, New Delhi also showed that the prevalence of known diabetes cases was 8.0% and new diabetes cases was 3.8%.Therefore, the increasing number of diabetes patients who are more prone to getting ulcers is expected to boost the market. According to the data published by the World Health Organization, in 2018, India has over 1000,000 people who are being moderately or severely being burnt every year.
The number of diabetic patients is also expected to increase, with the increasing geriatric population, which, in turn, will drive the growth of the wound care management devices market over the forecast period. This can have a major impact, as the recovery period of injuries is delayed among the geriatric population. This will also positively affect the Indian wound care management devices market. Hence, all these factors have been aiding the growth of the wound care management devices market in India.
Recently, due to the COVID-19 pandemic, the number of operations cancelled in India is estimated at 48,728 per week or about 585,000 over 12 weeks, as per a 2020 report published in the British Journal of Surgery. They include elective surgeries, such as bariatric, for severe obesity, and metabolic, for type-2 diabetes. Therefore, these number of surgeries are yet to be performed and after the outbreak of COVID-19, which is expected to boost the market in India.
