Wound Dressings Market overview:
In a recent research report by Market Research Community, the Wound Dressings Market is expected to surpass USD 11.92 Billion by the year 2028, from USD 7.53 Billion in 2021.
A wound dressing is used to stop bleeding or absorb excess blood, plasma, or other fluids to heal the wound and prevent further complication or infection. Various wound dressings are used such as cotton bandage, hydrocolloid, hydrogel, alginate, collagen, vac dressing (foam dressing).
Home care settings in end-use segment is projected to witness the fastest CAGR of 5.2% during the forecast period. Increasing geriatric and bariatric population associated with prolong recovery in surgeries is expected to boost the demand of home care settings in various countries.
In regional segments, Asia Pacific is expected to witness the fastest growth during the forecast period. The factor responsible for the growth is rising population in the region. Further, increasing diabetic population which is more prone to diabetic foot ulcer is anticipated to boost the growth of the market.
The market is projected to grow at a significant pace reaching a CAGR of approximately 6.78%, over the forecast period of 2022–2028, despite a considerable fall in product sales during the initial phase of pandemic spread and lockdown restrictions imposed globally.
The study is consolidated into major segments and further into sub-segments, such as by Type (Traditional Wound Dressings, Advanced Wound Dressings ), Wound Type (Surgical and Traumatic Wounds, Diabetic Foot Ulcers, Pressure Ulcers, Venous Leg Ulcers, Burns, and Other Wounds), End User (Hospitals, ASCs, and Clinics, Home Care Settings, Other End Users), to forecast the wound dressings market size by value; also includes the analysis of past market dynamics from 2016 – 2021, considering 2021 as the base year.
Lastly, the report includes a regional analysis and country analysis with the latest trends, along with the major key players including 3M, Smith & Nephew plc, Integra LifeSciences Holdings Corporation, Mölnlycke Health Care AB, ConvaTec Group plc, Coloplast A/S (Denmark), Medline Industries, Inc., Advanced Medical Solutions Group plc, Hollister Incorporated, B. Braun Melsungen AG, DeRoyal Industries, Inc., PAUL HARTMANN AG, Advancis Medical, Cardinal Health, Lohmann & Rauscher International GmbH & Co. KG, DermaRite Industries, LLC, Urgo Medical, Shield Line, Winner Medical Co., Ltd., Zhejiang Top-Medical Medical Dressing Co., Ltd., North Coast Medical, Safe n’ Simple, Argentum Medical, LLC, Zeni Medical, Appulse Medical
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