Wound Dressing Market
Global Wound Dressing Market by Type (Advanced Wound Dressing and Traditional Wound Dressing), by Application (Burn, Ulcer, Surgical Wound, and Traumatic Wound), Global Industry Share, Growth, Competitive Analysis, and Forecast Period 2021-2027 Update Available - Forecast 2024-2030
The global wound dressing market is projected to grow at a CAGR of around 5.4% during the forecast period. Wound care products are used to prevent infection and provide protection from common infectious bacteria and other contaminants. Chronic wound includes surgical and traumatic wound, vascular-venous stasis, arterial ulcers, pressure ulcers, and diabetic foot ulcers (neuropathic). Pressure ulcer wound is common in the elderly population, as there are high possibilities of diabetes in the elderly population that results in wound infections and chronic ulcers.
The demand for advanced wound dressing products such as alginates dressing, hydrocolloid dressing, and hydrogels dressing is on the rise in order to prevent further infection of the chronic wound. Further, the increasing awareness of wound care is also one of the major factors that are driving the market growth. Moreover, as the elderly population increases, it is expected to increase the number of surgical procedures performed. This is further expected to increase the demand for wound dressing for the prevention and treatment of surgical wounds.
Moreover, there are numerous burn centers across the globe, which also aid in the demand for wound dressing across the globe. One of the major factors that significantly drives the market is the surging pool of population with aged people across the globe. This population pool is more likely to develop pressure ulcers than younger ones. These pressure ulcers are largely prevented by using effective treatment, part of which includes the usage of medical tapes & bandages over the ulcer wound. This, in turn, tends to drive the growth of the overall market during the forecast period.
Segmental Outlook
The global wound dressing is segmented on the basis of type and application. Based on type, the market is bifurcated into advanced wound dressing and traditional wound dressing. Advanced wound dressing further covers the analysis of alginates dressing, collagen dressing, hydrocolloid dressing, hydrogels dressing, and other dressings. While traditional wound dressing cover gauze and lint, wadding, plasters, and other dressings. Based on application, the market is segmented into burn, ulcer, surgical wound, traumatic wound.
Global Wound Dressing Market Share by Application, 2020 (%)
The surgical wound dressing has the largest market share attributed to the increasing number of surgeries across the globe. Further, traumatic wounds comprise skin tears, burns, lacerations and abrasions, bites, and penetrating trauma wounds. Several wound dressing is available for traumatic wound treatment such as alginates dressing, lint, gauze, and hydrocolloids dressing.
Regional Outlooks
On the basis of geography, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America is considered to be the dominating market. Major economies that contribute to the market include the US and Canada. The growing incidence of pressure ulcers (PU) owing to aging populations, increased per capita healthcare expenditure and the presence of major market players are driving the market in this region. According to the World Economic Forum in 2018, North America is one of the strong economies that comprise around 28% of the world economy which is one of the factors affecting the healthcare market.
Asia-Pacific is estimated to be a potential market for wound dressing due to the growing aging population coupled with the increasing prevalence of ulcers. In addition, the increasing number of human-burn cases and rising prevalence of diabetes across the major economies of the region further give a boost to the regional growth of the market. Japan is estimated to contribute significantly to the Asia-Pacific wound dressing market over the forecast period. One of the major factors that significantly drives the market is the surging pool of population with aged people across the country. This population pool is more likely to develop pressure ulcers than younger ones.
Market Players Outlook
Key players of the wound dressing market include 3M Co., Smith & Nephew PLC, Mölnlycke Health Care, Acelity L.P. Inc., ConvaTec, Inc., and so on. In order to survive in the market, these players adopt different marketing strategies such as a merger, acquisitions, product launch, and geographical expansion so on. With technological advancement, these companies are coming with innovation and techniques with improved products and services in order to provide the best possible treatment.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Wound Dressing market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Wound Dressing Market
• Recovery Scenario of Global Wound Dressing Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Wound Dressing Market by Type
5.1.1. Advanced Wound Dressing
5.1.1.1. Alginates Dressing
5.1.1.2. Collagen Dressing
5.1.1.3. Hydrocolloids Dressing
5.1.1.4. Hydrogels Dressing
5.1.1.5. Other Dressing
5.1.2. Traditional Wound Dressing
5.1.2.1. Gauze
5.1.2.2. Lint
5.1.2.3. Wadding
5.1.2.4. Plasters
5.1.2.5. Other
5.2. Global Wound Dressing Market by Application
5.2.1. Burn
5.2.2. Ulcer
5.2.2.1. Diabetic Foot Ulcer
5.2.2.2. Pressure Ulcer
5.2.2.3. Venous Ulcer
5.2.3. Surgical Wound
5.2.4. Traumatic Wound
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. 3M Co.
7.2. Acelity LP
7.3. Aspen Surgical Products, Inc.
7.4. BSN Medical GmbH
7.5. Byram Healthcare Centers Inc.
7.6. Coloplast Corp.
7.7. ConvaTec, Inc.
7.8. Covidien PLC
7.9. Derma Science, Inc.
7.10. Hollister, Inc.
7.11. Integra Lifesciences Holding Corp.
7.12. Johnson & Johnson Services, Inc.
7.13. McKesson Medical-Surgical Inc.
7.14. Medline Industries, Inc.
7.15. Mölnlycke Health Care AB
7.16. Organogenesis, Inc.
7.17. Shared Health Services, Inc.
7.18. Smith & Nephew PLC
7.19. Paul Hartman AG
1. GLOBAL WOUND DRESSING MARKET RESEARCH AND ANALYSIS, 2020-2027 ($ MILLION)
2. GLOBAL WOUND DRESSING MARKET BY TYPE, 2020-2027 ($ MILLION)
3. GLOBAL ADVANCED WOUND DRESSING MARKET BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL TRADITIONAL WOUND DRESSING MARKET BY REGION, 2020-2027 ($ MILLION)
5. GLOBAL WOUND DRESSING MARKET BY APPLICATION, 2020-2027 ($ MILLION)
6. GLOBAL BURN DRESSING MARKET BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL ULCER DRESSING MARKET BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL SURGICAL WOUND DRESSING MARKET BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL TRAUMATIC WOUND DRESSING MARKET BY REGION, 2020-2027 ($ MILLION)
10. GLOBAL WOUND DRESSINGS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
11. NORTH AMERICAN WOUND DRESSING MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
12. NORTH AMERICAN WOUND DRESSING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
13. NORTH AMERICAN WOUND DRESSING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
14. EUROPEAN WOUND DRESSING MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
15. EUROPEAN WOUND DRESSING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
16. EUROPEAN WOUND DRESSING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
17. ASIA-PACIFIC WOUND DRESSING MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
18. ASIA-PACIFIC WOUND DRESSING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
19. ASIA-PACIFIC WOUND DRESSING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
20. REST OF THE WORLD WOUND DRESSING MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
21. REST OF THE WORLD WOUND DRESSING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
1. GLOBAL WOUND DRESSING MARKET SHARE BY TYPE, 2020 VS 2027 (%)
2. GLOBAL WOUND DRESSING MARKET SHARE BY APPLICATION, 2020 VS 2027 (%)
3. GLOBAL WOUND DRESSING MARKET SHARE BY GEOGRAPHY, 2020 VS 2027, (%)
4. GLOBAL ADVANCED WOUND DRESSING MARKET SHARE BY REGION, 2020 VS 2027 (%)
5. GLOBAL TRADITIONAL WOUND DRESSING MARKET SHARE BY REGION, 2020 VS 2027 (%)
6. GLOBAL BURN DRESSING MARKET SHARE BY REGION, 2020 VS 2027 (%)
7. GLOBAL ULCER DRESSING MARKET SHARE BY REGION, 2020 VS 2027 (%)
8. GLOBAL SURGICAL WOUND DRESSING MARKET SHARE BY REGION, 2020 VS 2027 (%)
9. GLOBAL TRAUMATIC WOUND DRESSING MARKET SHARE BY REGION, 2020 VS 2027 (%)
10. US WOUND DRESSING MARKET SIZE, 2020-2027 ($ MILLION)
11. CANADA MARKET WOUND DRESSING MARKET SIZE, 2020-2027 ($ MILLION)
12. UK WOUND DRESSING MARKET SIZE, 2020-2027 ($ MILLION)
13. GERMANY WOUND DRESSING MARKET SIZE, 2020-2027 ($ MILLION)
14. SPAIN WOUND DRESSING MARKET SIZE, 2020-2027 ($ MILLION)
15. FRANCE WOUND DRESSING MARKET SIZE, 2020-2027 ($ MILLION)
16. ITALY WOUND DRESSING MARKET SIZE, 2020-2027 ($ MILLION)
17. REST OF EUROPE WOUND DRESSING MARKET SIZE, 2020-2027 ($ MILLION)
18. INDIA WOUND DRESSING MARKET SIZE, 2020-2027 ($ MILLION)
19. CHINA WOUND DRESSING MARKET SIZE, 2020-2027 ($ MILLION)
20. JAPAN WOUND DRESSING MARKET SIZE, 2020-2027 ($ MILLION)
21. REST OF ASIA-PACIFIC WOUND DRESSING MARKET SIZE, 2020-2027 ($ MILLION)
22. REST OF WORLD WOUND DRESSING MARKET SIZE, 2020-2027 ($ MILLION)
