The Wound Dressings market was valued at USD 17.5 billion in 2021 and it is anticipated to grow further till USD 31.8 billion by 2031, at a CAGR of 6.2% during the forecast period.
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According to British Diabetic Association, diabetic individuals have a 30x greater risk of getting an amputation than the general population. Due to the high likelihood, many amputation surgeries are performed each year, necessitating effective wound dressing to stop infections after surgery. Active, passive, and interactive dressings are the three categories into which wound dressings are divided. Products for wound dressings that are passive serve solely a protective purpose, whereas active wound dressings encourage healing by maintaining a moist wound environment. As a result, it is anticipated that demand for cutting-edge wound dressings made of hydrogels and foams will rise.
Key Players
- 3M,
- Coloplast Corp.,
- Medline Industries,
- Smith & Nephew,
- Medtronic.
- ConvaTec Group PLC
- Derma Sciences (Integra LifeSciences)
- Ethicon (Johnson & Johnson)
- Baxter International
- Molnlycke Health Care AB
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Global Wound Dressings Market Segmentation
By Type
- Advanced Wound Dressing
- Traditional Wound Care
- Negative Pressure Wound Therapy
- Bioactive
- Others
By Application
- Chronic Wounds
- Acute Wounds
By End User
- Hospitals
- Clinics
- Homecare Settings
- Others
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- The UK
- Germany
- France
- Spain
- Rest of Europe
- The Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- The Middle East
Market Trends and Drivers
The market is anticipated to expand as a result of an increase in traumatic accidents around the world, an increase in the geriatric population, and the incidence rate of various wounds such as pressure ulcers and surgical site wounds. Globally, the number of chronic lesions such diabetic foot ulcers and venous leg ulcers is rising. For instance, the NCBI estimates that approximately 6.5 million Americans suffer from various types of chronic wounds.
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