The global wound dressing market is anticipated to grow at a CAGR of around 5.4% during the forecast. The increasing prevalence of diabetes is one of the major factors driving the global wound dressing industry as one of the major difficulties of diabetes mellitus in the development of diabetic foot ulcers (DFU). As per the International Diabetes Federation (IDF), around 463 million people had diabetes globally in 2019. The global prevalence of diabetes is projected to augment to 578 million by 2030, and 700 million by 2045. It is expected that around 4 million mortalities were observed in 2019 in the age range of 20–79 years.
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Moreover, the growing incidence of pressure ulcers (PU) owing to aging populations, Injuries such as fall, sports, inanimate, animate and on-road accidents, the elderly population increases, it is expected to increase the number of surgical procedures performed are the other factors that are driving the global wound dressing market growth across the globe.
Market coverage
· The market number available for – 2020-2027
· Base year- 2020
· Forecast period- 2021-2027
Segment covered-
· By Type
· By Application
Regions covered-
· North America
· Europe
· Asia-Pacific
· Rest of the world
Competitive landscape- 3M Co., Smith & Nephew PLC, Mölnlycke Health Care, Acelity L.P. Inc., ConvaTec, Inc.
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 covid-19 impacted the market?
o Deviation from the pre-covid-19 forecast
o Most affected region and segment
· Who is the leader in the market?
· How are players addressing challenges to sustain growth?
· Where is the investment opportunity?
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Global Wound Dressing Market Report Segment
By Type
Advanced Wound Dressing
· Alginates Dressing
· Collagen Dressing
· Hydrocolloids Dressing
· Hydrogels Dressing
· Other Dressing
Traditional Wound Dressing
· Gauze
· Lint
· Wadding
· Plasters
· Other
By Application
· Burn
· Ulcer
· Diabetic Foot Ulcer
· Pressure Ulcer
· Venous Ulcer
· Surgical Wound
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
