The global wound dressing market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). The wound dressing is basically a sterile pad or compresses used on the injured part to treat swollen or damaged areas and improve blood circulation and usually done in direct contact with the wound and differs from gauze or bandage, which is often used to hold the cloth in place. The increasing awareness about the need for health care and the increase in surgical procedures volume are expected to drive the wound dressing market growth. A gradual increase in demand for binding wound dressings, especially for antimicrobial dressings, alginate dressings, and others, owing to their proven clinical efficiency over film, foam, and other dressings in wound management is further aiding to the market growth. This has marked the shift from traditional wound dressings such as gauze and other products to advanced wound dressings.
The market players are constantly engaged in R&D to introduce new and advanced dressings with established clinical efficiency to tap the lucrative opportunities. Based on its proprietary Hydro fiber technology, the dressing has demonstrated superiority in wound management, including infection control and technological advances in wound dressings coupled with the increasing prevalence of chronic wounds have been instrumental in the higher demand for these wound dressings in the global market.
Increased prevalence of chronic injuries is further creating demand for advanced wound dressing care products. The dressings required for healing chronic injuries include films, gauze, hydrogel, hydrocolloid, and foam dressings. According to the WHO, 180,000 people die as a result of burns each year and medical treatment is required to treat an infected wound in the same condition; which in turn is driving wound dressing market.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- By End-Users
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape-Acelity L.P., Inc., Smith and Nephew PLC, Integra, Lifesciences Holdings Corp., Mölnlycke HealthCare Co., and Convatec, Inc. among others.
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Global Wound Dressing Market Report by Segment
By Type
- Advanced Wound Dressings
- Traditional Wound Dressings
By Application
- Surgical Wounds
- Chronic Wounds
- Ulcers
- Burns
- Diabetic Foot
- Others
By End-Users
- Inpatient Facilities
- Outpatient Facilities
- Others
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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