High incidence of trauma wounds, injuries, burns, and chronic wounds such as diabetic foot ulcers results in constant demand for wound dressing. Furthermore, wound dressing is important post-surgery in order to minimize the risk of hospital acquired infections (HAIs). Therefore, increasing surgical procedures is expected to increase demand for wound dressings over the forecast period. With technological advancements in wound dressings which is made of various innovative materials such as alginates, collagens, hydrocolloids, hydrofibers, and hydrogels have been commercialized in the wound dressing market. Wound dressing is selected depending on the condition or wound type. Market players such as 3M Company, Coloplast Corp., and Derma Sciences, Inc. are constantly focusing on extensive R&D activities in order to offer cost-effective wound dressing products to enhance their market presence.
Market Dynamics
Most of the conventional wound dressings take longer time to heal wounds as compared to advanced wound dressing products such as anti-infective wound dressings that are widely used post-operation to prevent the risk of hospital acquired infections (HAIs). Due to their higher functional efficiency and effectiveness, advanced wound dressings are replacing conventional wound dressings at a faster pace. Increasing incidence of burns, trauma wounds and injuries, and diabetic ulcers are expected to drive growth of the global wound dressing market over the forecast period. Rural areas in emerging economies of Asia Pacific, Latin America, and Africa provides lucrative and largely untapped market for market players to capitalize upon. Practice of using cotton gauze and sterile cotton is still high in emerging economies such as India, Brazil, China, and Indonesia, as it is easily available and relatively inexpensive.
Therefore, costly advanced wound dressings have low demand in these emerging economies. However, with high economic growth and increasing government focus towards improving healthcare infrastructure, and growing efforts by major players in launching low-cost advanced products is expected to strengthen their market presence in the global wound dressing market.
Key features of the study:
- This report provides in-depth analysis of the global wound dressing market, market size (US$ Mn), and compound annual growth rate (CAGR (%)) for the forecast period: 2019 – 2027, considering 2018 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by leading players
- It profiles key players in the global wound dressing market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
- Key players covered as a part of this study include 3M Company, Coloplast A/S, Derma Sciences, Inc., Smith & Nephew plc, Mölnlycke Healthcare, Medtronic Plc, Medline Industries, Inc., Organogenesis Inc., Integra LifeSciences Corporation, and MiMedx Group, Inc.
- Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to future product launches, government initiatives, technological up-gradation, market expansions, and marketing tactics
- The global wound dressing market report caters to various stakeholders in this industry, which include investors, product manufacturers, distributors, and suppliers for wound dressing market, research and consulting firms, new entrants, and financial analysts
Detailed Segmentation:
- Global Wound Dressing Market, By Product Type:
- Traditional
- Advanced
- Alginates
- Collagens
- Films
- Foams
- Hydrocolloids
- Hydrogels
- Wound Contact Layers
- Global Wound Dressing Market, By Property:
- Antimicrobial
- Non-antimicrobial
- Global Wound Dressing Market, By Application:
- Surgery
- Trauma
- Burns
- Chronic Wounds
- Others
- Global Wound Dressing Market, By End User:
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- Others
- Global Wound Dressing Market, By Region:
- North America
- By Country:
- By Product Type:
- Traditional
- Advanced
- Alginates
- Collagens
- Films
- Foams
- Hydrocolloids
- Hydrogels
- Wound Contact Layers
- By Property:
- Antimicrobial
- Non-antimicrobial
- By Application:
- Surgery
- Trauma
- Burns
- Chronic Wounds
- Others
- By End User:
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- Others
- Europe
- By Country:
- U.K.
- Germany
- Italy
- Spain
- France
- Russia
- Rest of Europe
- By Product Type:
- Traditional
- Advanced
- Alginates
- Collagens
- Films
- Foams
- Hydrocolloids
- Hydrogels
- Wound Contact Layers
- By Property:
- Antimicrobial
- Non-antimicrobial
- By Application:
- Surgery
- Trauma
- Burns
- Chronic Wounds
- Others
- By End User:
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- Others
- Asia Pacific
- By Country:
- Australia
- India
- China
- Japan
- ASEAN
- South Korea
- Rest of Asia Pacific
- By Product Type:
- Traditional
- Advanced
- Alginates
- Collagens
- Films
- Foams
- Hydrocolloids
- Hydrogels
- Wound Contact Layers
- By Property:
- Antimicrobial
- Non-antimicrobial
- By Application:
- Surgery
- Trauma
- Burns
- Chronic Wounds
- Others
- By End User:
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- Others
- Latin America
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- By Product Type:
- Traditional
- Advanced
- Alginates
- Collagens
- Films
- Foams
- Hydrocolloids
- Hydrogels
- Wound Contact Layers
- By Property:
- Antimicrobial
- Non-antimicrobial
- By Application:
- Surgery
- Trauma
- Burns
- Chronic Wounds
- Others
- By End User:
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- Others
- Middle East
- By Country:
- GCC
- Israel
- Rest of Middle East
- By Product Type:
- Traditional
- Advanced
- Alginates
- Collagens
- Films
- Foams
- Hydrocolloids
- Hydrogels
- Wound Contact Layers
- By Property:
- Antimicrobial
- Non-antimicrobial
- By Application:
- Surgery
- Trauma
- Burns
- Chronic Wounds
- Others
- By End User:
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- Others
- Africa
- By Country/Region:
- South Africa
- Central Africa
- North Africa
- By Product Type:
- Traditional
- Advanced
- Alginates
- Collagens
- Films
- Foams
- Hydrocolloids
- Hydrogels
- Wound Contact Layers
- By Property:
- Antimicrobial
- Non-antimicrobial
- By Application:
- Surgery
- Trauma
- Burns
- Chronic Wounds
- Others
- By End User:
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- Others
- Company Profiles
- 3M Company*
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Coloplast A/S
- Derma Sciences, Inc.
- Smith & Nephew plc
- Mölnlycke Healthcare
- Medtronic Plc
- Medline Industries, Inc.,
- Organogenesis Inc.
- Integra LifeSciences Corporation
- MiMedx Group, Inc.
“*” marked represents similar segmentation in other categories in the respective section.
