Global Alginate Dressing Market Size and Trends
Global alginate dressing market was valued US$ 809.9 Mn in 2023 and is expected to reach US$ 1,129.4 Mn by 2031 exhibiting a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
Global alginate dressing market has been witnessing significant growth over the forecast period. Alginate dressings are advanced wound care dressings that are derived from alginic acid, which is extracted from brown algae. These dressings help to manage wounds by absorbing exudate and maintaining a moist wound healing environment. They possess properties like hemostaticity and conformability which help absorb wound exudate and provide a protective covering over wounds. Their ability to absorb fluids and maintain a moist environment makes them suitable for managing chronic, infected and draining wounds.
Figure 1. Global Alginate Dressing Market Share (%), By Region, 2023
Global Alginate Dressing Market – Trends
- Increasing demand for advanced antimicrobial products: The demand for advanced antimicrobial products has significantly influenced the global alginate dressing market over the forecast period. With the rise in healthcare associated infections worldwide, there is increasing focus on using alginate dressings that deliver powerful yet gentle antimicrobial action. Alginate dressings that are derived from brown algae absorb exudate from wounds and create a moist healing environment that supports autolytic debridement and cellular migration. Their unique hydrophilic and hydrocolloid properties allow them to form a protective cover on wounds.
- Shift towards single use dressings: Global alginate dressing market is witnessing a significant shift towards single use dressings due to advances in wound management practices and infection control protocols. Healthcare facilities and practitioners are increasingly adopting single use dressings as they eliminate risks of cross-contamination between patients. Alginate dressings are made from sterilized alginate fibers that are derived from brown seaweed which are highly absorbent and help to maintain a moist wound microenvironment. They form a gel-like covering over the wound surface upon contact with fluid and conform well to irregular and hard-to-dress wounds.