Nearly half a billion in US dollars has been invested in Advanced Wound Care over the last 18 months, learn where the money is going.
Over the past three years the global Advanced Wound Care Market has almost doubled, growing from $8.69B in 2021 to $16.22B in 2024, an exciting market for investment according to SmartTRAK estimates. The biggest deal in Advanced Wound Care (AWC) has been Coloplast's $1.3B acquisition of Kerecis in 2023. Kerecis, a startup in the US Skin Substitute Market, demonstrated strong growth and the potential to have a global presence, justifying the high price. Startups have been a key component of the market, with new technologies and products over the years and have been advancing their portfolios through IPOs, strategic partnerships, and investments. ProDevLabs and SmartTRAK have been tracking these deals, which have exceeded $429MM in investment since 2024 and H125.
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