U.S. Wound Care Centers Market Size, Share & Trends Analysis Report By Procedure (Debridement, Negative Pressure Wound Therapy, Compression Therapy, Hyperbaric Oxygen Therapy)- Industry Analysis, Share, Growth, Regional Outlook and Forecasts, 2023-2032

The U.S. wound care centers market size was exhibited at USD 14.58 billion in 2022 and is projected to hit around USD 23.50 billion by 2032, growing at a CAGR of 4.89% during the forecast period 2023 to 2032.

Key Pointers:

• Hyperbaric oxygen therapy dominated the U.S. wound care centers market with a share of 32.9% in 2022. This is attributable to increasing awareness regarding the use of hyperbaric oxygen therapy for chronic wounds such as diabetic foot ulcers.
• As per an article in the American Journal of Managed Care (AMJC), approximately 230 amputations due to diabetes are reported in the U.S., every year
• The HBOT procedures are expected to witness one of the fastest growth rates during the forecast period due to the increasing awareness about their benefits in injury healing
• The availability of reimbursement and regulatory updates promotes the adoption of wound care treatment. For instance, the CMS included reimbursement for HBOT for treating diabetic injuries in the lower extremities of patients
• To facilitate wound care during the COVID-19 pandemic, many injury care providers launched several programs to treat the patients remotely. For instance, Healogics, Inc., launched its Telehealth Program, to more than 600 injury care centers and 4,000 associated injury care providers
• To meet the increasing demand for wound care and create awareness, wound care centers are adopting new technologies and conducting awareness programs. For instance, in February 2020, Healogics, Inc. developed a predictive model for the identification of wounds that are most likely to heal in 12 weeks

Report Scope of the U.S. Wound Care Centers Market

The increasing prevalence of chronic injuries in the geriatric population and the growing demand for outpatient services is expected to drive the growth during the forecast period. In addition, the growing adoption of new technologies such as hyperbaric oxygen therapy for treating non-healing and chronic injuries is expected to result in an increased demand for wound care centers in the U.S.

The increasing awareness regarding the use of Hyperbaric Oxygen Therapy (HBOT), for chronic injuries and the growing geriatric population prone to various conditions, is anticipated to drive the growth. In the U.S., up to 36% of the population suffers from chronic venous ulcers, which involve treatment expenditure of around USD 34,000 or more. High incidence of various types of wounds results in high demand for wound treatment, thereby propelling the growth of the wound care centers industry in the U.S.

The growing incidences of conditions such as foot ulcers, pressure sores, sun radiation sores, caused by diabetes, and diseases caused by abnormal blood circulation are expected to fuel the market in the future. The rising prevalence of diabetes is also expected to fuel the market over the next few years. According to the American Diabetes Association, approximately 35.2 million of the population had diabetes in 2022, out of which 27.1 million adults above the age of 65 years suffered from the disease. Patients with diabetes develop slow-healing wounds, which can lead to various complications such as infection near the tissue or bone.

The COVID-19 outbreak has had a detrimental impact on the market. Due to the pandemic, few market players reported a drop in revenue in 2020. Centers were impacted due to service restrictions & drop in patient footfall. Many service providers shifted to telemedicine platforms and virtual visits to continue care for chronic wound patients. After the relaxations, patient volume for wound care visits picked up slowly; however, it remained below the pre-pandemic levels.

Procedure Insights

The Hyperbaric Oxygen Therapy (HBOT) segment dominated the U.S. wound care centers market and held the largest revenue share in 2022. The segment is followed by debridement and specialized dressing procedures, in terms of revenue share. Effective outcomes with the use of hyperbaric oxygen therapy for chronic injuries such as diabetic foot ulcers and arterial ulcers are expected to aid the high demand for hyperbaric oxygen therapy from physicians.

Wound care centers provide care for various types of injuries, debridement of injuries with infections, HBOT for non-healing and chronic injuries, and specialized dressings. The centers are taking measures to make HBOT available to their patients, considering its effectiveness in healing chronic and non-chronic injuries.

Moreover, centers are adopting technologically advanced tools such as Electronic Medical Records (EMR), which help save time required for documentation and enable physicians to focus on the treatment and data analytical tools to provide evidence-based treatment to their patients. To attract patients by creating awareness regarding available wound care treatments, centers organize awareness programs.

Key Companies & Market Share analysis

In terms of geographic presence, EmergeOrtho is present in 45 different locations in the U.S., followed by Baptist Health South Florida with 11 hospital facilities and Tower Wound Care Center with 7 centers. Healogics, Inc. has partnered with around 600 wound care centers, making it the service provider with the strongest geographic presence. Moreover, it has created a wound care database that enables it to provide evidence-based treatments to patients. The states of Florida and California are anticipated to register the fastest growth in the wound care centers market.

The industry is also witnessing the launch of new centers, expansion of facilities, and inclusion of HBOT chambers. The availability of repayment and regulatory updates promotes the relinquishment of wound care treatment. For illustration, the CMS included reimbursement for HBOT for treating diabetic injuries in the lower extremities of patients. In June 2020, Natchitoches Regional Medical Center inaugurated a wound care center that includes four hyperbaric chambers. In January 2019, Schoolcraft Memorial Hospital planned a USD 10.9 million expansion of its facility to offer new services and support growth in older services. The new facility will include an outpatient specialty clinic providing services such as wound care, rehabilitation, and physical medicine. 

Some prominent players in the U.S. wound care centers market include:

• Health South Florida
• TOWER WOUND CARE CENTER
• SNF Wound Care
• Wound Care Center NYC
• WOUND INSTITUTE OF AMERICA
• EmergeOrtho
• North Shore Health and Hyperbarics
• Natchitoches Regional Medical Center
• Schoolcraft Memorial Hospital
• Clarion Hospital
• Healogics, Inc.

Segments Covered in the Report

This report forecasts the volume and revenue growth at the country level and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor has segmented the U.S. wound care centers market.

By Procedure 

• Debridement
• Negative pressure wound therapy
• Compression therapy
• Hyperbaric oxygen therapy
• Specialized dressings
• Infection control and Others