U.S. Wound Care Centers Market 2030: Chronic Wounds Fueling Industry Growth
The U.S. wound care centers market was valued at USD 13.8 billion in 2022 and is projected to grow to USD 20.2 billion by 2030. This represents a compound annual growth rate (CAGR) of 5.10% between 2023 and 2030. The market growth is primarily driven by the increasing prevalence of chronic non-healing wounds among the elderly and the rising demand for wound care services. According to an article by UpToDate, Inc., approximately 1 to 2 per 100,000 people in the U.S. suffer from chronic non-healing wounds. Additionally, the adoption of advanced technologies in wound care procedures and dressings is expected to further accelerate market expansion. Research published in Advances in Wound Care highlights that chronic wounds are most frequently observed in the geriatric population. Open wounds affect around 3% of Americans over 65 years old. The U.S. government forecasts that the elderly population will surpass 77 million by 2060, indicating that chronic wounds will remain a significant he...