Global medical markets for wound care and electrophysiology projected to grow by 2030

The global wound care products market is projected to grow from USD 11.60 billion in 2025 to USD 15.87 billion by 2030, representing a compound annual growth rate (CAGR) of 6.5%. This expansion is driven by the rising prevalence of chronic conditions such as diabetic foot ulcers, venous leg ulcers, and pressure ulcers, alongside an increase in surgical procedures and traumatic injuries.

The advanced wound care segment, including foam, alginate, collagen, hydrogel, and hydrocolloid dressings, is expected to see the fastest growth due to its ability to manage moisture and exudate more effectively than conventional products.

Separately, the global electrophysiology market is forecasted to reach USD 21.72 billion by 2030, growing at a CAGR of 11.6% from 2025. This growth is fueled by the increasing incidence of cardiovascular diseases, such as atrial fibrillation, and a rising preference for minimally invasive cardiac procedures like catheter ablation over traditional surgeries.