Market Challenges And Opportunities

Global Anti-Biofilm Wound Dressing Market Drivers:

Rise in burden of chronic diseases to drive market growth

One of the key factors expected to augment the growth of the global anti-biofilm wound dressing market during the forecast period is the increasing prevalence of chronic diseases across the world. Increasing prevalence of chronic diseases, such as diabetes, contributes to the increase in chronic wounds. Diabetic foot ulcers are the most common chronic wounds and generate the major global problem with high management costs. According to the International Diabetes Federation (IDF), around 537 billion people (aged 20-79 years) are living with diabetes, and the number is expected to reach around 643 billion by 2030 and 783 billion by 2045.

Increasing prevalence of chronic wounds to propel market growth

Another factor which is driving the growth of the global anti-biofilm wound dressing market is the increasing prevalence of chronic wounds worldwide. For instance, with the increasing prevalence of chronic wounds across the globe, the demand for anti-biofilm wound dressing is also increasing rapidly. According to the article published in Healogics, a provider of advanced wound care, more than 7 million people in the United States are living with a chronic wound, and this has prompted a 50% increase in amputations during the pandemic. Moreover, with the rise in burden of diabetes, the prevalence of chronic wounds is also increasing worldwide.

Global Anti-Biofilm Wound Dressing Market Opportunities:

Increasing number of surgical procedures across the globe is expected to offer significant growth opportunities for players in the global anti-biofilm wound dressing market. For instance, with the rise in burden of chronic diseases, the number of surgical procedures is also increasing, as chronic diseases leads to an increased number of surgical procedures. According to the National Institute of Health (NIH), each year, around 310 million major surgeries are performed worldwide, around 40 to 50 million in the United States and around 20 million in Europe. This in turn is expected to augment the growth of the anti-biofilm wound dressing market.

Increasing demand for wound care products is expected to offer lucrative growth opportunities for players in the global anti-biofilm wound dressing market. For instance, with the rise in burden of chronic disease, increasing number of road accidents, and growing number of surgical procedures, the demand for novel wound care products is also increasing across the globe. In April 2021, Imbed Biosciences announced the launch of its novel FDA (Food and Drug Administration) cleared next-generation antimicrobial matrix product, Microlyte Matrix. These products are designed for use in the management of surgical, traumatic, and chronic wounds.

Global Anti-Biofilm Wound Dressing Market Restraints:

High cost of treatment to hamper growth of the market

One of the key factors expected to hinder growth of the global anti-biofilm wound dressing market is the high cost of treatment. Wound care take a longer time to heal and require a large number of resources for their treatment. For instance, stage IV pressure ulcer causes considerable pain, which adds around three months or longer to hospital stays, which in turn increase the burden on patients. Moreover, wound infection can lead to inflammation and pain, which further increase the need for surgical interventions or dressings such as anti-biofilms to reduce wound infections. This in turn increase the cost of treatment, restraining the growth of the market.

Increasing use of advanced wound care products to hinder market growth

Another factor which is hampering the growth of the global anti-biofilm wound dressing market is the increasing use of advanced wound care products. For instance, growing adoption of advanced wound care products to treat complex wounds is expected to hamper the adoption of anti-biofilm wound dressing products. The use or demand for advanced wound care products has increased due to various benefits associated with advanced wound care products. Therefore, increasing usage of advanced wound care products as effective wound care treatments is expected to hinder growth of the global anti-biofilm dressing market.