The global wound dressing market is forecast to grow at a compound annual growth rate (CAGR) of more than 9% during the forecast period from 2021-2030.
A wound dressing is a medication or item used directly to wounds, cuts, injuries, burns, and so on to help them heal and prevent infection. A wide range of wound dressings is available in the market, each for a specific purpose and type of injury. A wound dressing’s primary function is to stop excessive bleeding from a lesion or wound. Additionally, it aids in absorbing excess blood, plasma, and other fluids flowing out of the injury. In order to accelerate healing, wound dressings must provide ample moisture and oxygenation to minimize wound trauma.
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Factors Affecting
- Diabetic and mobility disorders are a growing threat in developing countries, which has led to severe chronic wounds that will often go undiagnosed. As more diagnostic centers open during the forecast period, the wound dressing market demand is likely to increase.
- Among the factors contributing to the growth of the wound dressing market are wound dressing applications that have rapidly expanded. With rising innovation in this field, traditional dressings have given way to medically infused products and devices that provide more successful wound healing than plain dressings.
- The growth of the wound dressings market is likely to be slowed down in the near future due to the growing pressure of competitive pricing.
Impact Analysis of COVID-19
There has been a negative impact on the global wound dressings market caused by Covid-19. During the Covid-19 crisis, healthcare professionals served as frontline workers, and both healthcare professionals and healthcare organizations prioritized virus-infected patients. In consequence, nonemergency and elective wound treatments increased, lowering the demand for wound dressings. Although the market is likely to slow down in the projected period, major industry players are doing their part to ensure a sustainable supply chain.
Regional Overview
North America held the largest share of the market. As diabetic foot ulcers and surgical procedures have increased in prevalence in this region, wound dressings have become more popular. There are a number of prominent players in this market, such as Medline Industries, Urgo Medicals, Shield Line, and others, which are also driving the market growth.
Leading Competitors
The leading prominent competitors in the global wound dressing market are:
- Coloplast Corp. (United States)
- Derma Sciences (United States)
- Integra Lifesciences (United States)
- Kinetic Concepts, Inc. (United States)
- 3M Multinational conglomerate company (United States)
- Smith & Nephew PLC (United Kingdom)
- Molnlycke Health Care AB (Europe)
- ConvaTec Group PLC (United Kingdom)
- Medline Industries, LP, (United States)
- Urgo GmbH (Europe)
- Shield Line (United States)
- Zeni Medical (United States)
- Hollister Incorporated (United States)
- Paul Hartmann AG (Europe)
- Advanced Medical Solutions Group PLC (United Kingdom)
- Cardinal Health, Inc. (United States)
- Dermarite Industries LLC (United States)
- Winner Medical Co., LTD (China)
- Deroyal Industries, Inc. (United States)
- Other Prominent Players
Scope of the Report
The global wound dressing market segmentation focuses on Dressing Type, Wound Type, End-Users, and Region.
Segmentation based on Dressing Type
- Advanced Wound Dressings
- Foam Dressings
- Silicone Foam Dressings
- Non-silicone Foam Dressings
- Hydrocolloid Dressings
- Hydrofiber Dressings
- Film Dressings
- Alginate Dressings
- Collagen Dressings
- Hydrogel Dressings
- Wound Contact Dressings
- Superabsorbent Dressings
- Other Advanced Dressings
- Traditional Wound Dressings
Segmentation based on Wound Type
- Surgical and Traumatic Wound
- Venous Leg Ulcers
- Diabetic Foot Ulcers
- Pressure Ulcers
- Burns and Other Wounds
Segmentation based on End-Users
- Hospitals
- Clinics
- Home Care Settings
- Others
Segmentation based on Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America
Table of Content
Chapter 1: Global Wound Dressing Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Wound Dressing market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Wound Dressing Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Wound Dressing market Size Forecast (2023-2032).
Continue….
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Wound Dressing market revenues on a global, regional, and country level, projecting trends until 2032. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Wound Dressing market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Wound Dressing market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Wound Dressing business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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