The U.S. Wound Care Centers Market size is expected to reach USD 20.2 billion by 2030, according to a
new report by Grand View Research, Inc. The market is expected to grow at a
CAGR of 5.10% from 2023 to 2030. The growth can be attributed to the growing
prevalence of chronic wounds and rising awareness regarding wound care
management. As per the Agency for Health Research and Quality (AHRQ), in the
U.S., more than 2.5 million people suffer from pressure sores each year. In
addition, according to the same source, pressure alone, or in combination with
friction, results in Pressure Ulcers (PUs), which cost more than USD 11 billion
annually in the U.S.
These centers provide care for various types of
wounds, debridement of wounds with infections, HBOT for non-healing &
chronic wounds, and specialized dressings. The centers are taking measures to
make HBOT available to its patients, considering its effectiveness in healing
chronic and non-healing wounds. Moreover, wound care centers benefit
greatly from innovations in medical solutions for wound care treatment. For
instance, UlceRx Therapy Solution Kit launched by SIGVARIS are compression
stockings that assist centers in treating venous leg ulcers. Similarly,
Healogics, Inc. organized an awareness campaign about the impact of heart health
on wound healing, and nearly 82% of leg amputations in the U.S. need to be
performed due to poor blood circulation in the limb, which can be avoided by
compression therapy.
The COVID-19 pandemic adversely impacted the overall
industry as many centers were closed and reduced patient volumes to curb the
spread of the virus. After the initial disruptions caused by the pandemic,
companies as well as the U.S. government began undertaking corrective actions
to help the economy and businesses recover. To facilitate wound care during the
COVID-19 pandemic, Healogics, Inc., a provider of wound care, launched its
Telehealth Program, which was immediately made available to more than 600 wound
care centers and 4,000 associated wound care providers.
List of Key Players of U.S. Wound Care Centers Market
- Healogics, Inc.
- Tower Wound Care Center
- Wound Care Center NYC
- SNF Wound Care
- Wound Institute of America
- Schoolcraft Memorial Hospital
- EmergeOrtho
- Clarion Hospital
- North Shore Health and Hyperbarics
- Baptist Health South Florida
- Natchitoches Regional Medical Center
Related Press Release@ U.S. Wound Care Centers Market Report
U.S. Wound Care Centers Market Report Highlights
- The Hyperbaric Oxygen Therapy (HBOT) procedure segment held the
largest revenue share in 2022 due to the high demand for chronic wound
treatment for arterial ulcers and diabetic foot ulcers and its high
success rate
- The specialized dressings segment is expected to witness significant
growth during the forecast period owing to the launch of various advanced
and innovative specialized dressings in the market
- In October 2020, the “Local Coverage Article: Surgical Dressings”
was updated by the CMS Durable Equipment Medical Administrative
Contractors (DMEMACs) to include payments for primary & secondary use
of alginate and many other dressings with fiber gelling. Before this
update, these products were not reimbursed when applied as primary
dressings
- The market potential is driving numerous service providers to
strengthen their industry presence by opening new centers and entering
into partnerships with other firms
- For instance, in May 2022, EmergeOrtho opened a new office in
Fuquay-Varina, North Carolina. This new location expanded its specialty
orthopedic services in the Triangle Region
U.S. Wound Care Centers
Market Report Scope
|
Report Attribute |
Details |
|
The revenue forecast in 2030 |
USD 20.2 billion |
|
Growth rate |
CAGR of 5.10% from 2023 to 2030 |
|
The base year for estimation |
2022 |
|
Historical data |
2018 - 2021 |
|
Forecast period |
2023 - 2030 |
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U.S. Wound Care Centers Market Segmentation
Grand View Research has segmented the U.S. wound
care centers market on the basis of procedure:
U.S. Wound Care Centers Procedure Outlook (Revenue, USD
Billion, 2018 - 2030)
- Hyperbaric Oxygen Therapy
- Debridement
- Specialized Dressings
- Negative Pressure Wound Therapy
- Compression Therapy
- Infection Control & Others
About Us:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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