Wound Dressings Market Insights
Wound Dressings Market is projected to be worth USD 11.92 Billion by 2028, registering a CAGR of 6.78 % during the forecast period (2022-2028), The market was valued at USD 7.53 Billion in 2021. The advanced wound dressing segment is expected to lead the market due to technological advancement in the healthcare industry. The surgical and traumatic wounds segment is fueling the market expansion due to growing chronic diseases. North America is the leading regional segment in the wound dressing market due to the aging population.
A dressing is a type of bandage used to cover and prevent wound from infection and external environmental factors which are responsible to enhance infection. Wound dressings is either in the form of gauze, bandage, gel (hydrogel), foam, or wound dressing patches. Further, most wound dressings comprise of combinations such as natural products, elastomers, and polymers.
Wound Dressings Market Dynamics
Driver:
The increasing prevalence rate of several wounds such as diabetic foot ulcers, and surgical site wounds, with the upsurge in number of geriatric population act as a major driver to the wound dressings market.
Restrain:
The high cost of R&D, limited infrastructure, and shortage of favorable reimbursement scenario is hampering the growth of the market.
Opportunity:
The surge in public and private funds to enhance research activities and growing awareness regarding first aid kits is anticipated to provide profitable opportunities for the company.
COVID-19 Analysis of Wound Dressings Market:
The detrimental effects of COVID-19’s global expansion on numerous countries have shocked governments around the world, prompting them to act decisively to stop COVID-19. The first strain of Coronavirus was identified in Wuhan, China in December 2019 which affected the entire world. On a rise in infection across various nations, around 212 countries were infected by the pandemic. Most companies in numerous nations have been severely impacted by the global crisis COVID-19 pandemic. Import-export limitations that caused delays and disturbances at foreign borders harmed the wound dressing as well. The raw material supply chain faced numerous obstacles as a result of restrictions on the mobility of persons and goods. Hence, overall, the wound dressing market has observed a moderate impact on the economy.
Wound Dressings Market Report Coverage
| Report Attributes | Report Details |
| Study Timeline | 2016-2028 |
| Market Size in 2028 (USD Billion) | 11.92 |
| CAGR (2022-2028) | 6.78% |
| By Type | -Advanced Wound Dressings, Foam Dressings, Silicone Foam Dressings, Non-silicone Foam Dressings, Hydrocolloid Dressings, Hydrofiber Dressings, Film Dressings, Alginate Dressings, Collagen Dressings, Hydrogel Dressings, Wound Contact Dressings, Superabsorbent Dressings, Other Advanced Dressings, -Traditional Wound Dressings |
| By Wound Type | Surgical and Traumatic Wounds, Diabetic Foot Ulcers, Pressure Ulcers, Venous Leg Ulcers, Burns and Other Wounds |
| By End Use | Hospitals, ASCs, and Clinics, Home Care Settings, Other End Users |
| By geography | North America: U.S., Canada, Mexico
Europe: Germany, France, U.K., Russia, Italy, Spain, BENELUX, Rest of Europe Asia Pacific: China, Japan, India, South Korea, Australia, ASEAN, Rest of Asia Pacific Latin America: Brazil, Argentina, Chile, Rest of Latin America The Middle East and Africa: GCC, Turkey, Israel, Rest of MEA |
Wound Dressings Market Segmental Analysis:
By Type
The type segment is categorized into advanced wound dressings and traditional wound dressings. Advanced wound dressings segment is expected to lead the type segment of wound dressings market. The segment is further divided into foams, hydrogels, hydrofibers, alginates, films, collagen, hydrocolloids wound contact layers, superabsorbents, and others. The factor contributing to the growth of the market are increasing incidents of pressure ulcers, venous ulcers, and diabetic ulcers.
By Wound Type
By wound type, the segment includes surgical and traumatic wounds, diabetic foot ulcers, pressure ulcers, venous leg ulcers, burns and other wounds. Surgical and traumatic wounds is expected to lead the wound type segment in the wound dressings market. The factors contributing to the growth of the market are increasing prevalence of chronic diseases and rising surgical procedures.
By End Use
The segment is divided into hospitals, ASCS, clinics, home care settings, and others. Hospitals, ASCs, and clinics is dominating the end-use segment in the wound dressing market. The factors attributed to the growth of the market are increasing wound care service and demand for better wound management in the treatment of complex wounds.
By Region
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America in the Wound Dressings market. North America is a potential segment in the wound dressings market. Due to rising healthcare expenditure, growing chronic wounds, and surging geriatric population in the region.
Wound Dressings Market Competitive Landscape:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Further, the surge in Research and Development (R&D), product innovation, various business strategies, and product launches have accelerated the growth of the wound dressings market.
Key Players
- 3M
- Smith & Nephew plc
- Integra LifeSciences Holdings Corporation
- Mölnlycke Health Care AB
- ConvaTec Group plc
- Coloplast A/S (Denmark)
- Medline Industries, Inc.
- Advanced Medical Solutions Group plc
- Hollister Incorporated
- Braun Melsungen AG
- DeRoyal Industries, Inc.
- PAUL HARTMANN AG
- Advancis Medical
- Cardinal Health
- Lohmann & Rauscher International GmbH & Co. KG
- DermaRite Industries, LLC
- Urgo Medical
- Shield Line
- Winner Medical Co., Ltd.
- Zhejiang Top-Medical Medical Dressing Co., Ltd.
- North Coast Medical
- Safe n’ Simple
- Argentum Medical, LLC
- Zeni Medical
- Appulse Medical
Table of Content
- Introduction
- Market Introduction
- Market Research Methodology
- Research Process
- Primary Research
- Secondary Research
- Data Collection Technique
- Data Sources
- Market Estimation Methodology
- Limitations of the Study
- Product Picture of Wound Dressings
- Global Wound Dressings Market: Classification
- Geographic Scope
- Years Considered for the Study
- Research Methodology in brief:
- Parent Market Overview
- Overall Wound Dressings Market Regional Demand
- Research Programs/Design
- Market Breakdown and Data Triangulation Approach
- Data Source
- Secondary Sources
- Primary Sources
- Primary Interviews:
- Average primary breakdown ratio
- Executive Summary
- Business Trends
- Regional Trends
- Type Trends
- Wound Type Trends
- End Use Trends
- Market Dynamics
- Drivers
- Drivers
- Restraints
- Restraints
- Opportunity
- Impact forces for market dynamics
- Impact forces during the forecast years
- Industry Value Chain
- Upstream analysis
- Downstream analysis
- End Use
- Direct Channel
- Indirect Channel
- Potential Customers
- Manufacturing/Operational Cost Analysis
- Pricing Analysis by Region
- Key Technology Landscape
- Regulatory Analysis
- Porter’s Analysis
- Supplier Power
- Buyer Power
- Substitution Threat
- Threat from New Entry
- Competitive Rivalry
- PESTEL Analysis
- Political Factors
- Economic Factor
- Social Factors
- Technological Factor
- Environmental Factors
- Legal Factor
- Covid-19 impact on Global economy
- Covid-19 impact on Wound Dressings demand
- Post Covid Impact on Wound Dressings Market Demand
- Impact Analysis of Russia-Ukraine Conflict
- Drivers
- Global Wound Dressings Market Analysis Forecast by Type
- Global Wound Dressings Segment by Type
- Global Wound Dressings Market Revenue Share (%), by Type, 2021
- Global Wound Dressings Market Revenue (USD Million), by Type, 2016 – 2028
- Global Wound Dressings Market Revenue (USD Million), by Type, 2016 – 2028
- Advanced Wound Dressings
- Foam Dressings
- Silicone Foam Dressings
- Non-silicone Foam Dressings
- Hydrocolloid Dressings
- Hydrofiber Dressings
- Film Dressings
- Alginate Dressings
- Collagen Dressings
- Hydrogel Dressings
- Wound Contact Dressings
- Superabsorbent Dressings
- Other Advanced Dressings
- Foam Dressings
- Traditional Wound Dressings
- Advanced Wound Dressings
- Global Wound Dressings Segment by Type
- Global Wound Dressings Market Analysis Forecast by Wound Type
- Global Wound Dressings Segment by Wound Type
- Global Wound Dressings Market Revenue Share (%), by Wound Type, 2021
- Global Wound Dressings Market Revenue (USD Million), by Wound Type, 2016 – 2028
- Global Wound Dressings Market Revenue (USD Million), by Wound Type, 2016 – 2028
- Surgical and Traumatic Wounds
- Diabetic Foot Ulcers
- Pressure Ulcers
- Venous Leg Ulcers
- Burns and Other Wounds
- Global Wound Dressings Segment by Wound Type
-
- Global Wound Dressings Market Analysis Forecast by End Use
- Wound Dressings Segment by End Use
- Revenue Share (%), by End Use, 2021
- Revenue (USD Million), by End Use, 2016 – 2028
- Revenue (USD Million), by End Use, 2016 – 2028
- Hospitals, ASCs, and Clinics
- Home Care Settings
- Other End Users
- Wound Dressings Segment by End Use
- Wound Dressings by Regions
- Global Wound Dressings Market Overview, By Region
- Global Revenue, By region
- Global Revenue (USD Million), 2016-2028
- Global Revenue Share (%) by region, 2021
- North America
- North America Revenue (USD Million), 2016-2028
- Asia Pacific
- APAC Revenue (USD Million), 2016-2028
- Europe
- Europe Revenue (USD Million), 2016-2028
- Latin America
- Latin America Revenue (USD Million), 2016-2028
- Middle East & Africa
- Middle East & Africa Revenue (USD Million), 2016-2028
- Global Wound Dressings Market Overview, By Region
- North America
- North America Wound Dressings Market Size by Countries
- North America Revenue (USD Million) by Countries (2016-2021)
- North America Revenue (USD Million), by Type, 2016 – 2028
- North America Revenue (USD Million), by Wound Type, 2016 – 2028
- North America Revenue (USD Million), by End Use,2016 – 2028
- United States
- U.S. Revenue (USD Million), by Type, 2016 – 2028
- U.S. Revenue (USD Million), by Wound Type, 2016 – 2028
- U.S. Revenue (USD Million), by End Use,2016 – 2028
- Canada
- Mexico
- North America Wound Dressings Market Size by Countries
- Europe
- Europe Wound Dressings Market Size by Countries
- Europe Market Size, by Type, 2016 – 2028
- Europe Market Size, by Wound Type, 2016 – 2028
- Europe Market Size, by End Use,2016 – 2028
- Germany
- France
- UK
- Spain
- Russia
- Italy
- BENELUX
- Europe Wound Dressings Market Size by Countries
- Asia Pacific
- Asia Pacific Wound Dressings Market Size by Countries
- Asia Pacific Size, by Type, 2016 – 2028
- Asia Pacific Size, by Wound Type, 2016 – 2028
- Asia Pacific Size, by End Use,2016 – 2028
- China
- Japan
- Australia
- South Korea
- India
- ASEAN
- Asia Pacific Wound Dressings Market Size by Countries
- Latin America
- Latin America Wound Dressings Market Size by Countries
- Latin America Size, by Type, 2016 – 2028
- Latin America Size, by Wound Type, 2016 – 2028
- Latin America Size, by End Use,2016 – 2028
- Brazil
- Argentina
- Chile
- Latin America Wound Dressings Market Size by Countries
- Middle East and Africa
- Middle East and Africa Size by Countries
- Middle East and Africa Size, by Type, 2016 – 2028
- Middle East and Africa Size, by Wound Type, 2016 – 2028
- Middle East and Africa Size, by End Use,2016 – 2028
- GCC
- Turkey
- South Africa
- Middle East and Africa Size by Countries
- Global by Players
- Global Wound Dressings Market Revenue Share (%): Competitive Analysis, 2021
- Key entry strategies adopted by market players
- Global Revenue (USD Million), By Manufacturer 2021
- Global Revenue Share (%), By Manufacturer 2021
- Global Player Positioning, By Manufacturer 2021
- Global Wound Dressings Market Revenue Share (%): Competitive Analysis, 2021
- Global Wound Dressings Market Analysis Forecast by End Use
- Global Wound Dressings Market: Recent Development
- Competitive Analysis
- 3M
- Business Overview
- 3M Business Financials (USD Million)
- 3M Wound Dressings Product Category, Type and Specification
- 3M Main Business/Business Overview
- 3M Geographical Analysis
- 3M Recent Development
- 3M Swot Analysis
- Smith & Nephew plc
- Integra LifeSciences Holdings Corporation
- Mölnlycke Health Care AB
- ConvaTec Group plc
- Coloplast A/S (Denmark)
- Medline Industries, Inc.
- Advanced Medical Solutions Group plc
- Hollister Incorporated
- Braun Melsungen AG
- DeRoyal Industries, Inc.
- PAUL HARTMANN AG
- Advancis Medical
- Cardinal Health
- Lohmann & Rauscher International GmbH & Co. KG
- DermaRite Industries, LLC
- Urgo Medical
- Shield Line
- Winner Medical Co., Ltd.
- Zhejiang Top-Medical Medical Dressing Co., Ltd.
- North Coast Medical
- Safe n’ Simple
- Argentum Medical, LLC
- Zeni Medical
- Appulse Medical
- 3M
- Market Research Findings & Conclusion
Disclaimer
Research Methodology
The Market Research Community offers numerous solutions and its full addition in the research methods to be skilled at each step. We use wide-ranging resources to produce the best outcome for our customers. The achievement of a research development is completely reliant on the research methods implemented by the company. We always faithful to our clients to find opportunities by examining the global market and offering economic insights.Market Research Community are proud of our widespread coverage that encompasses the understanding of numerous major industry domains. Company offers consistency in our research report, we also offers on the part of the analysis of forecast across a range of coverage geographies and coverage. The research teams carry out primary and secondary research to carry out and design the data collection methods.