The North America Topical Wound Agents Market would witness market growth of 7.3% CAGR during the forecast period (2023-2030).
Topical wound agents refer to a diverse range of products specifically formulated or designed to be applied directly to wounds on the skin's surface. These agents are intended to manage, treat, or aid in healing various types of wounds, including cuts, abrasions, burns, ulcers, and surgical incisions. They play a crucial role in wound care management by providing the conditions for optimal healing and reducing the risk of infection. It works by various mechanisms, including promoting wound healing, reducing inflammation, controlling moisture, preventing infection, and providing a protective barrier against external contaminants. The choice of a topical agent depends on the type and severity of the wound, the individual's medical condition, and the healthcare provider's recommendation.
Multiple wounds exhibit lengthy healing durations and are accompanied by bacterial colonization and infection, frequently resulting in prolonged inflammatory response, and slowed epithelialization. Topical wound care management necessitates the application of sophisticated medical products, including topical wound agents. It is primarily available as sprays, creams, emulsions, and lubricants. In addition to promoting autolytic debridement and smell reduction for the patient's comfort, topical wound agents facilitate quicker healing by ensuring the afflicted area has adequate moisture.
According to Statistics Canada, the 2021 Census recorded 861,000 individuals aged 85 and above, over twofold the figure reported in the 2001 Census. Over the age of 85, the population has increased by 12% since 2016, making it among the age groups experiencing the most rapid development. 2.3% of the population is currently 85 years of age or older. In the twenty-five years leading up to 2046, the elderly population is expected to grow nearly triple to 2.5 million individuals. Therefore, increasing road accidents and the growing elderly population in the region are generating demand in the market.
The US market dominated the North America Topical Wound Agents Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $685.2 million by 2030. The Canada market is experiencing a CAGR of 9.7% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 8.7% during (2023 - 2030).
Based on End-use, the market is segmented into Hospitals, Clinics, and Others. Based on Application, the market is segmented into Chronic Wounds (Diabetic Foot Ulcers, Pressure Ulcers, Venous Leg Ulcers, and Others), and Acute Wounds (Surgical & Traumatic, and Burns). Based on Product, the market is segmented into Creams, Gels, Sprays, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Topical Wound Agents Market is Predict to reach $2.5 Billion by 2030, at a CAGR of 8.4%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Smith & Nephew PLC, Teva Pharmaceutical Industries Ltd., Molnlycke Health Care AB, Viatris, Inc. (Mylan N.V.), AstraZeneca PLC, Coloplast Group, Novartis AG, Pfizer Inc., Johnson & Johnson (Johnson & Johnson Services, Inc.), and ConvaTec Group PLC.
Scope of the Study
Market Segments Covered in the Report:
By End-use
By Application
- Chronic Wounds
- Diabetic Foot Ulcers
- Pressure Ulcers
- Venous Leg Ulcers
- Others
- Acute Wounds
- Surgical & Traumatic
- Burns
By Product
- Creams
- Gels
- Sprays
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Smith & Nephew PLC
- Teva Pharmaceutical Industries Ltd.
- Molnlycke Health Care AB
- Viatris, Inc. (Mylan N.V.)
- AstraZeneca PLC
- Coloplast Group
- Novartis AG
- Pfizer Inc.
- Johnson & Johnson (Johnson & Johnson Services, Inc.)
- ConvaTec Group PLC
TABLE 1 North America Topical Wound Agents Market, 2019 - 2022, USD Million
TABLE 2 North America Topical Wound Agents Market, 2023 - 2030, USD Million
TABLE 3 North America Topical Wound Agents Market by End-use, 2019 - 2022, USD Million
TABLE 4 North America Topical Wound Agents Market by End-use, 2023 - 2030, USD Million
TABLE 5 North America Hospitals Market by Country, 2019 - 2022, USD Million
TABLE 6 North America Hospitals Market by Country, 2023 - 2030, USD Million
TABLE 7 North America Clinics Market by Country, 2019 - 2022, USD Million
TABLE 8 North America Clinics Market by Country, 2023 - 2030, USD Million
TABLE 9 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Topical Wound Agents Market by Application, 2019 - 2022, USD Million
TABLE 12 North America Topical Wound Agents Market by Application, 2023 - 2030, USD Million
TABLE 13 North America Chronic Wounds Market by Region, 2019 - 2022, USD Million
TABLE 14 North America Chronic Wounds Market by Region, 2023 - 2030, USD Million
TABLE 15 North America Topical Wound Agents Market by Chronic Wounds Type, 2019 - 2022, USD Million
TABLE 16 North America Topical Wound Agents Market by Chronic Wounds Type, 2023 - 2030, USD Million
TABLE 17 North America Diabetic Foot Ulcers Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Diabetic Foot Ulcers Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Pressure Ulcers Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Pressure Ulcers Market by Country, 2023 - 2030, USD Million
TABLE 21 North America Venous Leg Ulcers Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Venous Leg Ulcers Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 25 North America Acute Wounds Market by Region, 2019 - 2022, USD Million
TABLE 26 North America Acute Wounds Market by Region, 2023 - 2030, USD Million
TABLE 27 North America Topical Wound Agents Market by Acute Wounds Type, 2019 - 2022, USD Million
TABLE 28 North America Topical Wound Agents Market by Acute Wounds Type, 2023 - 2030, USD Million
TABLE 29 North America Surgical & Traumatic Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Surgical & Traumatic Market by Country, 2023 - 2030, USD Million
TABLE 31 North America Burns Market by Country, 2019 - 2022, USD Million
TABLE 32 North America Burns Market by Country, 2023 - 2030, USD Million
TABLE 33 North America Topical Wound Agents Market by Product, 2019 - 2022, USD Million
TABLE 34 North America Topical Wound Agents Market by Product, 2023 - 2030, USD Million
TABLE 35 North America Creams Market by Country, 2019 - 2022, USD Million
TABLE 36 North America Creams Market by Country, 2023 - 2030, USD Million
TABLE 37 North America Gels Market by Country, 2019 - 2022, USD Million
TABLE 38 North America Gels Market by Country, 2023 - 2030, USD Million
TABLE 39 North America Sprays Market by Country, 2019 - 2022, USD Million
TABLE 40 North America Sprays Market by Country, 2023 - 2030, USD Million
TABLE 41 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 42 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 43 North America Topical Wound Agents Market by Country, 2019 - 2022, USD Million
TABLE 44 North America Topical Wound Agents Market by Country, 2023 - 2030, USD Million
TABLE 45 US Topical Wound Agents Market, 2019 - 2022, USD Million
TABLE 46 US Topical Wound Agents Market, 2023 - 2030, USD Million
TABLE 47 US Topical Wound Agents Market by End-use, 2019 - 2022, USD Million
TABLE 48 US Topical Wound Agents Market by End-use, 2023 - 2030, USD Million
TABLE 49 US Topical Wound Agents Market by Application, 2019 - 2022, USD Million
TABLE 50 US Topical Wound Agents Market by Application, 2023 - 2030, USD Million
TABLE 51 US Topical Wound Agents Market by Chronic Wounds Type, 2019 - 2022, USD Million
TABLE 52 US Topical Wound Agents Market by Chronic Wounds Type, 2023 - 2030, USD Million
TABLE 53 US Topical Wound Agents Market by Acute Wounds Type, 2019 - 2022, USD Million
TABLE 54 US Topical Wound Agents Market by Acute Wounds Type, 2023 - 2030, USD Million
TABLE 55 US Topical Wound Agents Market by Product, 2019 - 2022, USD Million
TABLE 56 US Topical Wound Agents Market by Product, 2023 - 2030, USD Million
TABLE 57 Canada Topical Wound Agents Market, 2019 - 2022, USD Million
TABLE 58 Canada Topical Wound Agents Market, 2023 - 2030, USD Million
TABLE 59 Canada Topical Wound Agents Market by End-use, 2019 - 2022, USD Million
TABLE 60 Canada Topical Wound Agents Market by End-use, 2023 - 2030, USD Million
TABLE 61 Canada Topical Wound Agents Market by Application, 2019 - 2022, USD Million
TABLE 62 Canada Topical Wound Agents Market by Application, 2023 - 2030, USD Million
TABLE 63 Canada Topical Wound Agents Market by Chronic Wounds Type, 2019 - 2022, USD Million
TABLE 64 Canada Topical Wound Agents Market by Chronic Wounds Type, 2023 - 2030, USD Million
TABLE 65 Canada Topical Wound Agents Market by Acute Wounds Type, 2019 - 2022, USD Million
TABLE 66 Canada Topical Wound Agents Market by Acute Wounds Type, 2023 - 2030, USD Million
TABLE 67 Canada Topical Wound Agents Market by Product, 2019 - 2022, USD Million
TABLE 68 Canada Topical Wound Agents Market by Product, 2023 - 2030, USD Million
TABLE 69 Mexico Topical Wound Agents Market, 2019 - 2022, USD Million
TABLE 70 Mexico Topical Wound Agents Market, 2023 - 2030, USD Million
TABLE 71 Mexico Topical Wound Agents Market by End-use, 2019 - 2022, USD Million
TABLE 72 Mexico Topical Wound Agents Market by End-use, 2023 - 2030, USD Million
TABLE 73 Mexico Topical Wound Agents Market by Application, 2019 - 2022, USD Million
TABLE 74 Mexico Topical Wound Agents Market by Application, 2023 - 2030, USD Million
TABLE 75 Mexico Topical Wound Agents Market by Chronic Wounds Type, 2019 - 2022, USD Million
TABLE 76 Mexico Topical Wound Agents Market by Chronic Wounds Type, 2023 - 2030, USD Million
TABLE 77 Mexico Topical Wound Agents Market by Acute Wounds Type, 2019 - 2022, USD Million
TABLE 78 Mexico Topical Wound Agents Market by Acute Wounds Type, 2023 - 2030, USD Million
TABLE 79 Mexico Topical Wound Agents Market by Product, 2019 - 2022, USD Million
TABLE 80 Mexico Topical Wound Agents Market by Product, 2023 - 2030, USD Million
TABLE 81 Rest of North America Topical Wound Agents Market, 2019 - 2022, USD Million
TABLE 82 Rest of North America Topical Wound Agents Market, 2023 - 2030, USD Million
TABLE 83 Rest of North America Topical Wound Agents Market by End-use, 2019 - 2022, USD Million
TABLE 84 Rest of North America Topical Wound Agents Market by End-use, 2023 - 2030, USD Million
TABLE 85 Rest of North America Topical Wound Agents Market by Application, 2019 - 2022, USD Million
TABLE 86 Rest of North America Topical Wound Agents Market by Application, 2023 - 2030, USD Million
TABLE 87 Rest of North America Topical Wound Agents Market by Chronic Wounds Type, 2019 - 2022, USD Million
TABLE 88 Rest of North America Topical Wound Agents Market by Chronic Wounds Type, 2023 - 2030, USD Million
TABLE 89 Rest of North America Topical Wound Agents Market by Acute Wounds Type, 2019 - 2022, USD Million
TABLE 90 Rest of North America Topical Wound Agents Market by Acute Wounds Type, 2023 - 2030, USD Million
TABLE 91 Rest of North America Topical Wound Agents Market by Product, 2019 - 2022, USD Million
TABLE 92 Rest of North America Topical Wound Agents Market by Product, 2023 - 2030, USD Million
TABLE 93 Key Information – Smith & Nephew PLC
TABLE 94 Key Information – Teva Pharmaceuticals Industries Ltd.
TABLE 95 Key Information – Molnlycke Health Care AB
TABLE 96 Key Information – Viatris, Inc.
TABLE 97 KEY INFORMATION – AstraZeneca PLC
TABLE 98 key Information – Coloplast Group
TABLE 99 Key Information – Novartis AG
TABLE 100 Key Information – Pfizer, Inc.
TABLE 101 Key Information – Johnson & Johnson
TABLE 102 Key Information – ConvaTec Group PLC
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Topical Wound Agents Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Topical Wound Agents Market
FIG 4 Porter’s Five Forces Analysis – Topical Wound Agents Market
FIG 5 North America Topical Wound Agents Market share by End-use, 2022
FIG 6 North America Topical Wound Agents Market share by End-use, 2030
FIG 7 North America Topical Wound Agents Market by End-use, 2019 - 2030, USD Million
FIG 8 North America Topical Wound Agents Market share by Application, 2022
FIG 9 North America Topical Wound Agents Market share by Application, 2030
FIG 10 North America Topical Wound Agents Market by Application, 2019 - 2030, USD Million
FIG 11 North America Topical Wound Agents Market share by Product, 2022
FIG 12 North America Topical Wound Agents Market share by Product, 2030
FIG 13 North America Topical Wound Agents Market by Product, 2019 - 2030, USD Million
FIG 14 North America Topical Wound Agents Market share by Country, 2022
FIG 15 North America Topical Wound Agents Market share by Country, 2030
FIG 16 North America Topical Wound Agents Market by Country, 2019 - 2030, USD Million
FIG 17 SWOT Analysis: Smith & Nephew PLC
FIG 18 SWOT Analysis: Teva Pharmaceuticals Industries Ltd.
FIG 19 Swot Analysis: Molnlycke Health Care AB
FIG 20 SWOT Analysis: Viatris, Inc.
FIG 21 SWOT Analysis: AstraZeneca PLC
FIG 22 Swot Analysis: Coloplast Group
FIG 23 SWOT Analysis: Novartis AG
FIG 24 SWOT Analysis: Pfizer, Inc.
FIG 25 Swot Analysis: Johnson & Johnson
FIG 26 SWOT Analysis: ConvaTec Group PLC