Key Market Indicators
The import of wound dressings in the United Kingdom is projected to climb to approximately $231 million by 2028, up from around $209 million in 2023. This marks an average annual growth rate of 1.5%. Since 1998, the demand for wound dressings in the UK has seen a consistent annual increase of 2.5%. In contrast, British exports of wound dressings are expected to decline sharply. By 2028, exports are anticipated to fall to about $43 million, down from $88 million in 2023. This represents a compound annual growth rate (CAGR) decrease of 11.6%. Since 1998, the UK's supply of wound dressings has been decreasing at an annual rate of 4.2%. In 2023, the UK ranked 11th in the global export market for wound dressings, with France leading the pack at $88 million. Belgium, Germany, and Austria followed, occupying the second, third, and fourth positions respectively.