Europe Wound Dressing Market: By Product (Advanced, Traditional), By Type (Traditional, Advanced), By End-user ( Inpatient Facilities, Community Medical Centres, Home health care, Outpatient Facilities) and Country

Europe Wound Dressing Market size was valued at US$ 2.9 billion in 2022 and is expected to reach US$ 4.6 billion by 2029 at a CAGR of 4.7% from 2023-2029. A rise in prevalence of lifestyle disorders leads to chronic wounds like venous leg ulcer, pressure ulcer, diabetic foot ulcer is expected to accelerate the growth of Europe Wound Dressing Market. However, high cost associated with the treatment, lack of awareness and reimbursement issues of new technologies are the few factors which are restraining the growth of the Europe Wound Dressing Market.  Europe holds the second largest position in wound dressing market after North America  due to increasing in incidence and prevalence of lifestyle diseases like diabetes, growing technological advancements, and favourable initiatives taken by the government. Organizations such as European Wound Management Association are promoting best wound management practices and aims to advocate the rights for people with wounds. Prevalence of wounds in European population is 4 in 1000 people.

Companies in the European region are expanding their market by adopting advanced product portfolio which is combined with strengths in education, strategic selling and lobbying to senior health system management. In 2014, 1, 52, 000 deaths were reported in EU-28 because of the accidents. According to WHO, in 2013, around 85000 deaths were reported in European countries due to the injuries by road traffic. As per to the Diabetes UK report 2015, a Prevalence rate of diabetic foot ulcers is about 2.5% of 86,000 people in the UK.