Advanced Wound Dressing Products Industry Is Estimated To Move Ahead At A Cagr Of 4.46% From 2022 To 2030

Advanced Wound Dressing Products Industry Data Book Covers Foam Dressings, Hydrocolloid Dressings, Film Dressings, Alginate Dressings, Hydrogel Dressings and Collagen Dressings Markets.

The global advanced wound dressing products industry size was estimated at USD 7.442.0 million in 2022. The market is expected to expand at a CAGR of 4.46% CAGR (2023-2030).

Foam Dressing Market Report Highlights

The global foam dressing market size was valued at USD 1.67 billion in 2021, and it is anticipated to reach USD 2.5 billion by 2030. The market is expected to expand at a CAGR of 4.71% CAGR (2023-2030).

Based on type, the adhesive foam dressing segment dominated the market and accounted for a revenue share of 56.5% in 2021, owing to an increase in the number of high exudate wound patients
Based on application, the chronic wound application segment accounted for a revenue share of 59.9% in 2021 and is leading the market
Based on end-use, the hospital segment dominated the market, due to an increase in surgical site infections among hospital patients. On the other hand, during the projected period, the home healthcare segment is expected to witness a CAGR of 5.4%
North America dominated the market and accounted for the highest revenue share of 45.4% in 2021 owing to the increasing number of diabetic patients, rise in the number of obese population, and technological advancements

Hydrocolloid Dressing Market Report Highlights

The global hydrocolloid dressing market size was valued at USD 1.31 billion in 2021, and it is anticipated to reach USD 2.04 billion by 2030, registering a CAGR of 5.01% CAGR (2023-2030).

The chronic wound application segment is estimated to dominate the market during the forecast period
On the basis of end-uses, the hospital segment dominated the market in 2021. The segment’s dominance is attributed to the increasing number of patient admissions for wound injuries and the developing healthcare infrastructure
North America dominated the marketin 2021 owing to the strong presence of key players and high healthcare expenditure
Extensive research is now being conducted to study the effectiveness of hydrocolloid dressings. Companies are extensively spending on RD and are always working on achieving excellent clinical trial outcomes
For instance, in January 2021, a clinical trial, “Effect of Evidence-based Skin Care Hydrocolloid Dressing in the Prevention of Nasogastric-related Pressure Injury”, was conducted, which was sponsored by MAIDE YESILYURT, Necmettin Erbakan University
Thus, robust clinical studies to commercialize innovative hydrocolloid dressing products are expected to drive the growth of the market during the projected period

Access the Global Advanced Wound Dressing Products Industry Data Book, 2022 to 2030, compiled with details like market sizing information forecasts, trade data, pricing intelligence, competition benchmarking, macro-environmental analyses, and regulatory technological framework studies

Film Dressing Market Report Highlights

The global film dressing market size was valued at USD 1,454.34 million in 2021, and it is anticipated to reach USD 2,165.41 million by 2030, registering a CAGR of 4.57% CAGR (2023-2030).

The chronic wounds segment dominated the application segment in 2021 with a market share of 59.93% due to the growing number of chronic wounds, and elderly population
Hospitals dominated the end-use segment with a market share of 45.28% in 2021, whereas, the home healthcare segment is projected to grow at a CAGR of 5.21% during the forecast period
North America dominated the regional segment with a market share of 45.43% in 2021, due to the availability of favorable reimbursement policies, and large market players

Asia Pacific is expected to be the fastest-growing regional segment, due to the presence of a large patient population

Alginate Dressing Market Report Highlights

The global alginate dressing market size was valued at USD 902.9 million in 2022, and it is anticipated to reach USD 1.24 billion by 2030, registering a CAGR of 4.13% CAGR (2023-2030).

Non-antimicrobial dominated the type segment in 2021 owing to the wide availability of non-antimicrobial alginate dressings
The chronic wounds segment dominated the application segment in 2021 due to the high geriatric population and the number of chronic disorders
Hospitals dominated the end-use segment in 2021, whereas, the home healthcare segment is projected to grow at the fastest CAGR during the forecast period
In 2021, North America was the dominant regional segmentdue to the presence of major industry players and favorable reimbursement policies
Asia Pacific is expected to be the fastest-growing regional segment from 2022 to 2030 due to the increasing number of patients pool suffering from chronic and acute disorders

Hydrogel Dressing Market Report Highlights

The global hydrogel dressing market size was valued at USD 883.8 million in 2022, and it is anticipated to reach USD 1.24 billion by 2030, registering a CAGR of 4.30% CAGR (2023-2030).

The amorphous segment dominated product segment in 2021, owing to the extensive use of amorphous hydrogel over impregnated and sheet dressings to treat ulcers and burn wounds
The chronic wounds segment dominated application segment in 2021 with a market share of 59.9% due to the growing number of chronic wounds, and the elderly population
The hospital segment dominated the market with a revenue share of 45.3% in 2021, whereas, the home healthcare segment is projected to witness a CAGR of 5.2% during the forecast period
North America dominated the regional segment with a market share of 45.4% in 2021, due to the availability of favorable reimbursement policies, and large market players

Order your copy of the Free Sample of “Advanced Wound Dressing Products Industry Data Book - Foam Dressings, Hydrocolloid Dressings, Film Dressings, Alginate Dressings, Hydrogel Dressings and Collagen Dressings Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

Competitive Landscape

Key players operating in the advanced wound dressing products industry are –

Smith Nephew
Molnlycke Health Care AB
Baxter International
URGO Medical
Medtronic
3M
Derma Sciences Inc. (Integra LifeSciences)

Grand View Research’s advanced wound dressing products industry databook is a collection of market sizing information forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

Go through the table of content of Advanced Wound Dressing Products Industry Data Book to get a better understanding of the Coverage Scope of the study

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: Micro Markets