New York, June 15, 2022 (GLOBE NEWSWIRE) -- The Insight Partners adds "Wound Dressing Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Product Type (Traditional Wound Dressings and Advanced Wound Dressings), Application (Chronic Wounds and Acute Wounds), End User (Hospitals & Clinics, Ambulatory Surgical Centers, and Others), and Geography" research report to the Medical Device category of its store.
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Strategic Insights – Wound Dressing Market
| Report Coverage | Details |
| Market Size | USD Value in 2021 |
| Market Size | USD Value by 2028 |
| Growth rate | Compound Annual Growth Rate During (2022-2028) |
| Forecast Period | 2022-2028 |
| Base Year | 2021 |
| No. of Pages | 150 |
| No. of Tables | Yes |
| No. of Charts & Figures | Yes |
| Historical data available | Yes |
| Segments covered | Product Type, Application, End User, and Geography |
| Regional scope | North America; Europe; Asia Pacific; Latin America; MEA |
| Country scope | US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina |
| Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Rising Trauma Cases to Drive Demand for Wound Dressing Market:
The increasing number of traumas around the world is expected to drive the wound dressing market. For example, according to the NCBI, burn rates increased in 2017 in countries such as Bulgaria, Finland, the Netherlands, China, Australia and the United Kingdom. According to WHO, an estimated 22,941 people die each year as a result of road accidents in Thailand, accounting for about 33% of all deaths in Thailand. Collagenase-based enzymatic wound resection products are primarily used to treat such acute wounds. Therefore, in such cases, the demand for wound dressing is expected to increase.
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Moreover, according to the State Crimes Record Agency (NCRB), a road accident in India in 2019 injured 442,996 people and killed 181,113. Therefore, wound dressings are in great demand. As the prevalence of chronic, surgical and traumatic wounds increases, so does the market. In addition, the market will benefit from technological development and the introduction of advanced products for wound dressings.
Impact of COVID-19 Pandemic on Wound Dressing Market:
The COVID-19 pandemic has significantly affected the world and is continuing to shatter several countries. To stop the spread of the COVID-19 pandemic, unprecedented lockdowns were enacted worldwide, leading to a sharp decline in road accidents and therefore the need for wound care products around the world. However, with the development of vaccines, each country has opened its borders. As a result, the market is expected to grow post COVID19. Previously postponed selective surgery is expected to be completed in the post-pandemic period, increasing the use of wound dressings. During the COVID-19 pandemic, the key players operating in the market followed organic and inorganic strategies to maintain their hold in the market. For example, in October 2021, Medline Industries launched the Post-Acute Infection Prevention Program. This was a counseling program focused on prevention after an acute infection. This gave the company a foothold in the population with its products.
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Regional Insights: Wound Dressing Market
Wound dressing market is analyzed based on 5 regions North America, Europe, Asia Pacific, Middle East & Africa, and South and Central America. Faster pace of research & development activities and rising number of burn cases in regions has increased the growth of wound dressing. For example, according to WHO, about 1 million people in India suffer severe or moderate burns each year. Moreover, the Indian government's Make in India project encourages domestic production of wound dressing products.
Key Recent Developments: Wound Dressing Market
- January 2022. ConvaTec Inc. announced the acquisition of Triad Life Sciences Inc. The acquisition strengthened Convatec’s advanced wound care business in the US and eased ConvaTec’s entry into the attractive wound biologics segment.
- February 2020. Integra Life Sciences Holding Corporation, the world's leading medical device company, announced the launch of AmnioExcel Plus Placental Allograft Membrane, the latest wound care product to support soft tissue repair.
The report segments the global wound dressing market as follows:
By Product Type:
- Traditional Wound Dressings
- Advanced Wound Dressings
By Application:
- Chronic Wounds
- Acute Wounds
By End-User:
- Hospitals and Clinics
- Ambulatory Surgical Centers
- Others
By Geography
- North America
- US
- Canada
- Mexico
- Europe
- France
- Germany
- Italy
- UK
- Russia
- Rest of Europe
- Asia Pacific (APAC)
- China
- India
- Australia
- South Korea
- Japan
- Rest of APAC
- Middle East and Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of SAM
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Wound Dressing Market - Company Profiles:
- ConvaTec Inc.
- Coloplast Corp
- 3M
- Medline Industries, Inc.
- Medtronic
- Integra LifeSciences Corporation
- Derma Sciences Inc.
- Baxter
- Advancis Medical USA LLC
- SmithNephewplc
Browse Adjoining Reports:
Silver Wound Dressings Market Forecast to 2028 - Covid-19 Impact and Global Analysis - By Type (Hydrofibre Silver Dressings, Silver Alginate Dressings, Nano Crystalline Silver Dressings, Silver Nitrate Dressings, Silver Plated Nylon Fiber Dressings, Other Silver Wound Dressings); Treatment (Ulcers, Skin Grafts, Surgical Wounds, Burns, Lacerations and Cuts, Others); End user (Hospitals, Specialty Clinics, Ambulatory Surgical Centers), and Geography
Silver Dressings And Bandages Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type ( Silver Foam Dressings and Bandages, Silver Alginate Wound Dressings and Bandages, Silver Barrier Dressings and Bandages ); Application ( Surgical Wounds, Burns Wounds, Chronic Wounds, Others )
Advanced Wound Dressing Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product (Foam Dressings, Film Dressings); End User (Hospitals, Specialty Clinics, Home Healthcare) and Geography
Hydrocolloids Wound Dressings Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Application (Acute wounds, Chronic wounds, Pressure sores.); End-User (Hospitals, ASCs, Home care)
Interactive Wound Dressing Market Forecast to 2028 - COVID-19 Impact and Global Analysis ByType (Semi-permeable Foams Dressing, Semi-permeable Films Dressing, Hydrogel); Application (Chronic Wounds, Acute Wounds); End User (Hospitals and Clinics, Ambulatory Surgical Centers, Homecare Settings), and Geography
Wound Dressings And Products Market Forecast to 2028 - COVID-19 Impact and Global Analysis By : Product (Silver Wound Dressing, Iodine Antimicrobial Wound Dressing, Honey Antimicrobial Wound Dressing, Others); Application (Surgical Wounds, Burns Wounds, Chronic Wounds, Others), Impact of covid-19 pandemic.
Collagen Wound Dressings Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Collagen Source from Bovine, Collagen Source from Porcine, Collagen Source from Avian, Others) Application, (Surgical Wounds, Diabetic Foot Ulcer, Venous Ulcers, Pressure Ulcers, Burns, Others), and Geography
Simple Island Dressings Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Traditional Wound Dressings, Advanced Wound Dressings); Application (Wet Wound, Dry Wound); End User ( Hospitals and Clinics, Ambulatory Surgical Centers, Others), and Geography
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