WOUND HEALING FILMS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Wound Healing Films Market Size and Trends

Global wound healing films market size is expected to reach US$ 1,929.2 Mn  by 2030, from US$ 896.9 Mn  in 2023 exhibiting a compound annual growth rate (CAGR) of 11.6% during the forecast period. Wound healing films are thin dressings that provide a moist environment over a wound to promote healing. They protect the wound from infection, absorb exudate, and prevent trauma or friction to the wound site. The advantages of wound healing films include their ability to allow gaseous exchange, provide thermal insulation, and offer a barrier to microorganisms. The key drivers of the market include rising prevalence of chronic wounds such as diabetic foot ulcers and pressure ulcers, increasing geriatric population, and technological advancements in wound dressings.

Market Trends:

• Growing popularity of film-based nanotechnology products: The growing popularity of film-based nanotechnology products is having a significant influence on the global wound healing films market. Nanotechnology involves manipulating materials at an atomic or molecular scale to create structures and systems with fundamentally new properties and functions.
• Moist wound healing: Moist wound healing continues to be the standard of care, thereby driving up utilization of occlusive and semi-occlusive wound healing films that can maintain optimal moisture balance. High moisture vapor transmission rate films are being adopted more, due to better fluid handling capacity. For instance, on June 13, 2023, JeNaCell, an Evonik company, a specialty chemical company, launched the wound dressing epicite balance onto the German market. Epicite balance offers new treatment options for chronic wounds. The isotonic saline solution creates a moist wound environment, while the biosynthetic cellulose matrix can absorb wound exudate.
• Silicone based soft silicone dressings: Silicone based soft silicone dressings are emerging as the preferred choice across acute and chronic wounds owing to advantages such as pain-free application and removals, minimal wound disruption, transparency and durability. For instance, on October 17, 2023, DuPont, a chemicals company, announced the introduction of its new DuPont Liveo MG 7-9960 Soft Skin Adhesive. The higher-adhesion, low-cyclics silicone soft skin adhesive (SSA) is designed for advanced wound care dressings and adhering medical devices to the skin for long wear time and gentle removal.
• Patients and healthcare provider’s preferences: Patients and healthcare providers prefer wound healing films that require less frequent dressing changes to reduce disruptions to the healing wound bed. Extended wear films with 7-14 day wear time are being launched to address this need.