This report aims to provide detailed insights into the global Wound Dressings Market. It provides valuable information on the type, procedure, application, and region in the market. Furthermore, the information for these segments, by region, is also presented in this report. Leading players in the market are profiled to study their product offerings and understand the strategies undertaken by them to be competitive in this market.
Expected Revenue Growth:
[184 Pages Report] The wound dressings market is projected to reach USD 11.2 billion by 2025 from USD 7.0 billion in 2020, at a CAGR of 9.7%. The growth of this market is majorly driven by the growing number of road accidents; increasing incidence of chronic, surgical, and traumatic wounds; high rate of cesarean sections in elderly women; rising incidence of burn injuries; and technological advancements in wound dressings.
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Advanced wound dressings segment accounted for the largest share of the wound dressings market, by type, in 2019
Based on type, the wound dressings market is segmented into traditional wound dressings and advanced wound dressings. The advanced wound dressings segment is further divided into foams, hydrocolloids, hydrofibers, films, alginates, collagen, hydrogels, wound contact layers, superabsorbents, and other advanced dressings (such as honey, charcoal, NPWT, and gelling fiber dressings). The advanced wound dressings segment accounted for the largest share of the wound dressings market in 2019. This can be attributed to the increasing incidence of diabetic ulcers, venous ulcers, and pressure ulcers.
Surgical and traumatic wounds segment accounted for the largest share of the wound dressings market in 2019
Based on wound type, the wound dressings market is segmented into surgical and traumatic wounds, diabetic foot ulcers, pressure ulcers, venous leg ulcers, and burns and other wounds. The surgical and traumatic wounds segment accounted for the largest share of the wound dressings market in 2019. The large share of this segment can be attributed to the increasing prevalence of chronic conditions and the growing number of surgical procedures performed.
Hospitals, ASCs, and clinics are the largest end users of wound dressings
Based on end users, the wound dressings market is segmented into hospitals, ASCs, and clinics; home care settings; and other end users. The hospitals, ASCs, and clinics segment accounted for the largest market share in 2019. This can be attributed to the rising need for wound care services and the increasing need for better wound management products for treating complex wounds.
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Key Market Players
Prominent players in the wound dressings market include 3M (US), Smith & Nephew plc (UK), Integra LifeSciences Holdings Corporation (US), Mölnlycke Health Care AB (Sweden), ConvaTec Group plc (UK), Coloplast A/S (Denmark), Medline Industries, Inc. (US), Advanced Medical Solutions Group plc (UK), Hollister Incorporated (US), B. Braun Melsungen AG (Germany), DeRoyal Industries, Inc. (US), PAUL HARTMANN AG (Germany), Advancis Medical (UK), Cardinal Health (US), Lohmann & Rauscher International GmbH & Co. KG (Germany), DermaRite Industries, LLC (US), Urgo Medical (France), Shield Line (US), Zeni Medical (US), and Winner Medical Co., Ltd. (China).