Wound Care Stats

We’ve put together key industry statistics to help you build your story and provide greater context into why Swift Skin and Wound matters.

Up to two per cent of the population in developed countries suffer from chronic wounds.

Source: An Economic Evaluation of the Impact, Cost, and Medicare Policy Implications of Chronic Nonhealing Wounds, Samuel R. Nussbaum, Marissa J.Carter, Caroline E. Fife, Joan DaVanzo, Randall Haught, MarciaNusgart, Donna Cartwright)

Each year, more than 305 million acute, traumatic and burn wounds are recorded and treated globally. That’s more than nine times the total number of people around the world living with cancer.

Sources: Global Wound Dressings Market 2018-2022 report; World Cancer Fact Sheet, January 2014, Cancer Research UK, with data from the World Health Organization’s International Agency for Research on Cancer

The incidence of chronic wounds is expected to rise at a rate of 2% annually over the next decade — the result of such factors as an aging population and the increasing prevalence of conditions such as diabetes, obesity and the late effects of radiation therapy. By comparison, cancer death rates are falling. As of 2015, the cancer death rate in the U.S. had declined 26% from its peak in 1991, due largely to reductions in smoking and advances in early detection and treatment.

Sources: Chronic Wound Epidemic Cited in U.S., June 7 2016, Healogics Inc., Surgical Product Magazine; Cancer Facts & Figures 2018, American Cancer Society

In the United States, around 8.2 million patients receiving Medicare benefits have chronic wounds.

Source: An Economic Evaluation of the Impact, Cost, and Medicare Policy Implications of Chronic Nonhealing Wounds, Samuel R. Nussbaum, Marissa J.Carter, Caroline E. Fife, Joan DaVanzo, Randall Haught, MarciaNusgart, Donna Cartwright)

One in two, or about 50 percent, of people who lose a lower leg through amputation will die within one year.

Source: Very low survival rates after non-traumatic lower limb amputation in a consecutive series: what to do? Morten Tange Kristensen, Gitte Holm, Klaus Kirketerp-Moller, Michael Krasheninnikoff, Peter Gebuhrb; Short and Long Term Mortality Rates after a Lower Limb Amputation, L.V. Fortington, J.H.B. Geertzen, J.J. van Netten, K. Postema, G.M. Rommers, P.U. Diijkstraac)

In the United States, Medicare spends at least US$32 billion and as much as $96.8 billion annually on wound treatment. (The higher figure takes into account cases where the wound was either the primary or secondary diagnosis, but where the wound is always the underlying cause of the service.)

Source: An Economic Evaluation of the Impact, Cost, and Medicare Policy Implications of Chronic Nonhealing Wounds, Samuel R. Nussbaum, Marissa J.Carter, Caroline E. Fife, Joan DaVanzo, Randall Haught, Marcia Nusgart, Donna Cartwright)

Foot ulcers in diabetic patients add up to an estimated $70 billion to $80 billion in treatment costs in the U.S.

Source: The Sage Group press release: According to the Sage Group, a significant number of foot ulcer patients also suffer from peripheral artery disease, October 18 2010

About $4.2 billion in settlements are paid out each year for lawsuits over pressure ulcers — the second most common cause of medical malpractice suits. The average settlement in a pressure ulcer lawsuit is $250,000 and there are 17,000 pressure ulcer related lawsuits filed annually. Some cases have won awards of up to $312 million.

Source: The Financial Impact of Pressure Ulcers, Leaf Healthcare Inc., 2017 white paper

35% to 40% of pressure injury lawsuits are indefensible due to inconsistent or poor documentation.

Source: https://www.youtube.com/watch?v=blZXZFiSbHI

Annual turnover rates among direct-care workers in skilled nursing care centers are approximately 50 percent. In other words, one out of two nurses or care providers in skilled nursing homes leaves their jobs in the course of a year. (Paperwork leads to job dissatisfaction and tools need to be easy to learn due to turnover.)

Source: American Health Care Association 2012 Staffing Report, 2014