Advanced Wound Dressing Market is valued at USD 6815.7 Million in 2021 and is expected to reach USD 9894.1 Million by 2028 with a CAGR of 5.47% over the forecast period.
Advanced Wound Dressing Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2028-Rising geriatric population, the prevalence of chronic diseases, and increasing awareness about the usage of advanced wound care products are some of the major factors driving the market growth.
Scope of Global Advanced Wound Dressing Market Report:-
Advanced wound dressing is used to heal acute and chronic wounds, especially these chronic wounds. Advanced wound dressing has shown very significant results in diabetic patients as well in chronic wounds that take a long time or cannot be healed by traditional wound dressings. It revolves around the principle of moisture therapy, which provides moisture to the wound site to encourage natural cell repair while giving the wound, room to breathe. Products utilized in most wound care generally fit better around different wound shapes and sizes and are more resistant to environmental inhibitors and foreign particles. For instance; film dressings are intended to adhere firmly to the skin surrounding a wound without sticking to the wound itself. This creates a moist environment and helps to avoid necrosis. Seaweed-derived alginate dressings come in a variety of shapes to cover wounds and trap bacteria, which can be removed during dressing changes.
Global advanced wound dressing market report is segmented on the basis of product type, wound type, end-user, and region & country level. Based on product type, the global advanced wound dressing market is classified into foam dressings, hydrogels, film dressings, alginates, wound contact layer, and super absorbent dressing. Based on wound type, the market is classified into surgical wounds, ulcers, burns pressure ulcers, venous ulcers, and others. Based on end-user, the global advanced wound dressing market is classified into hospitals, wound care centers, ambulatory centers, home healthcare, clinics and community healthcare.
The regions covered in this Advanced Wound Dressing market report are North America, Europe, Asia-Pacific, and the Rest of the World. On the basis of country level, the market of Advanced Wound Dressing is subdivided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Global Advanced Wound DressingMarket Key Players:-
Global Advanced Wound Dressing market report covers prominent players like
Global Advanced Wound Dressing Market Segmentation:-
By Product Type:
By Wound Type:
By End-User:
Market Dynamics–
The increasing prevalence of type I and II diabetes is expected to drive the demand for advanced wound dressing products as prolonged diabetes leads to diabetic foot ulcers. For instance: as per the International Diabetes Federation, global prevalence of diabetes is expected to increase from 366.0 million in 2011 to 552.0 million by 2030. Increasing cases of burns and trauma injuries across the globe are also anticipated to propel market growth. According to the American Burn Association (ABA), in 2016, around 486,000 people were given medical treatment due to burn injuries in U.S. It is also reported that complications of infection have accounted to be highest in burn patients. However, less awareness in developing countries and the high costs associated with advanced wound dressing products can hamper the growth of the market.
Regional Analysis –
North America dominated the global advanced wound dressing market in 2018 owing to the increasing road accidents, sports injuries, and presence of several key players in this region is anticipated. According to Association for Safe International Road Travel (ASIRT); over 37,000 people die in road crashes each year, an additional 2.35 million are injured or disabled in the United States. Moreover, the presence of adequate skilled professionals and highly developed healthcare infrastructure is also expected to drive market growth over the forecast period in this region.
The Asia Pacific is expected to witness the fastest growth over the forecast period due to the increasing awareness about the benefits of advanced wound dressing in developing countries such as China, Japan, and India.
Report Analysis |
Details |
Historical data |
2015 - 2020 |
Forecast Period |
2021 - 2028 |
Market Size in 2021: |
USD 6815.7 Million |
Base year considered |
2020 |
Forecast Period CAGR %: |
5.47% |
Market Size Expected in 2028: |
USD 9894.1 Million |
Tables, Charts & Figures: |
175 |
Pages |
200 |
Advanced Wound Dressing Companies |
Smith & Nephew PLC, Mölnlycke Health Care AB, Acelity (KCI Licensing, Inc.), Convatec Group PLC, Baxter International, Inc., The 3M Company, Coloplast A/S, Mölnlycke Health Care AB and among others. |
Segments Covered |
By Product Type, By Wound Type, By End-User |
Regional Analysis |
North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa |
Key Benefits for Advanced Wound Dressing Market Report–
On Special Requirements Advanced Wound Dressing Market Report is also available for the below Regions and Country:
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
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