Surgical Dressing Market: Primary Segment Dominated With A Share
Surgical
Dressings Industry Overview
The
global surgical dressing market size was estimated at USD 3.6 billion in 2021
and is anticipated to grow at a compound annual growth rate (CAGR) of more than
5.56% during the forecast period. The market is majorly driven by the rising
number of surgeries across the globe. For instance, as per an article published
in NCBI (2020), every year, approximately 310 million major surgeries are
performed worldwide; amongst which approximately 40 to 50 million are in the U.S.
and 20 million in Europe. Moreover, according to a survey by the National
Quality Forum, the number of surgical procedures conducted in the U.S. is
increasing every year, and the rate of surgeries performed in ambulatory
surgery centers has surged by 300% since the last decade. Furthermore,
according to the American Society of Plastic Surgeons, approximately 18 million
people in the U.S. underwent minimally invasive cosmetic surgical procedures in
2018.
Similarly, Regenexx estimated that approximately 7 million
orthopedic surgeries were performed in the U.S. in 2017, out of which 242,000
adults who were below 65 years of age had a hip or knee implant. Surgeries may
lead to surgical site infections if the wound is not cleaned properly.
According to Infectious Disease Advisor, 5% of total surgeries performed
resulted in surgical site infections. Therefore, with the increase in the
number of surgeries performed, the use of surgical wound dressings is
anticipated to grow during the forecasted period.
Gather more insights about the market
drivers, restrains and growth of the Global
Surgical Dressings market
Another significant factor driving the market growth is the
rising number of cardiovascular disease-related surgeries which may further
increase the demand for these products. For instance, as per the data published
by Europe (Eurostat), transluminal coronary angioplasties were most common in
Croatia and Germany in 2018, with an average of 411 and 409 performed per 100
000 inhabitants, respectively. Furthermore, the number of bariatric surgical
procedures performed is expected to increase due to the rising disease
prevalence of diabetes and obesity, which may act as a driver for this
industry. For instance, according to the American Society for Metabolic and
Bariatric Surgery, in 2018, the total number of metabolic and bariatric procedures
increased by 10.8%, i.e., from approximately 228,000 in 2017 to 252,000.
Increasing prevalence of chronic disorders, such as diabetes, is
further expected to drive market growth. For instance, according to CDC’s
National Diabetes Statistics report of 2020, the number of diabetes patients
has increased to an estimated 34.2 million, which comprises about 10.5% of the
total population. According to a similar report, an estimated 26.8 million
people have been diagnosed with diabetes, whereas 7.3 million people had
diabetes and were yet to be diagnosed.
Moreover, 1.5 million new cases of diabetes were diagnosed alone
in 2018, which included approximately 210,000 adolescents & children
younger than 20 years of age. Thus, with an increase in the number of patients
suffering from diabetes, the prevalence of diabetic foot ulcers is expected to
increase. According to the University of Michigan Health, there is a 15% chance
for a diabetic patient to develop diabetic foot ulcers, whereas there is a
14%-24% chance for patients who develop diabetic foot ulcers to have an
amputation. Wound healing in diabetes patients is slow, and wounds may cause
infection if not diagnosed properly. Thus, with the increase in the number of
diabetes patients, the use of surgical dressings is expected to grow, thereby
aiding industry growth.
Furthermore, the growing elderly population is expected to drive
growth in the global surgical dressing market. Elderly people (aged ≥65) are
currently the fastest-growing group of the general population in the U.S.
According to National Population Projections by the U.S. Census Bureau 2017,
nearly 1 in 4 U.S. citizens is likely to be an older adult by 2060. Also, the
number of older populations is expected to reach 85.67 million by 2050. The
elderly population is more susceptible to chronic wounds and with an increase
in age, the wound healing ability of the body slows down.
Moreover, according to Wound Care Learning Network, elderly
people are more likely to be diagnosed with pressure ulcers. For instance,
according to Wound Care Learning Network, 71% of patients with pressure ulcers
were aged 60 & above, which highlights the vulnerability of the geriatric
population to pressure ulcers. In addition, according to the Agency for
Healthcare Research & Quality, more than 2.5 million people in the U.S.
develop pressure ulcers every year. Thus, along with the increasing elderly
population, the rising incidence of pressure ulcers amongst the populace is
expected to drive the industrial scale in the times to come.
The COVID-19 pandemic had negatively impacted the market, mainly
owing to the cancellation or delay of elective surgical procedures. Moreover,
there was a slight impact on the number of patients visit to wound care
centers, and outpatient clinics, especially in the U.S. For instance, as per
the research survey published by Tissue Analytics, a Net Health company, there
was an estimated 40% decline in patient visits to wound care centers during
March & April 2020, as compared to 2019.
However, post-pandemic the sector is recovering gradually, as
the healthcare providers have shifted to new modes of care for surgical wounds
such as virtual consultations and telehealth platforms. Following the latest
insights published on MobiHealthNews (HIMSS) in October 2021, the National
University of Singapore in collaboration with Singapore General Hospital
developed VeCare. It’s a point-of-care wound evaluation platform that comprises
a smart bandage with sensors and a smartphone app for remote wound monitoring.
The wearable device can detect factors of chronic wounds within 15 minutes.
Furthermore, several studies have found that telemedicine options are a cost-effective way to improve wound
care outcomes while also increasing patient compliance and satisfaction. The Centers
for Medicare and Medicaid Services (CMS) recently updated the list of
reimbursable such services. Thus, due to the aforementioned factors, the market
is anticipated to gain a significant growth rate in the post-pandemic period.
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Surgical Dressing
Market Segmentation
Grand View
Research has segmented the global surgical dressing market report based on
product, application, end-use, and region:
Surgical Dressing Product Outlook (Revenue, USD
Million, 2018 - 2030)
·
Primary Dressing
o Foam Dressing
o Alginate
Dressing
o Soft Silicone
Dressing
o Composite
Dressing
o Hydrogel
Dressing
o Hydrocolloid
Dressing
o Film Dressing
·
Secondary Dressing
o Absorbents
o Bandages
o Muslin Bandage
Rolls
o Elastic Bandage
Rolls
o Triangular
Bandages
o Orthopedic
Bandages
o Elastic Plaster
Bandages
o Other Bandages
o Adhesive Tapes
o Protectives
o Other Secondary
Dressings
·
Others
Surgical Dressing Application Outlook
(Revenue, USD Million, 2018 - 2030)
·
Diabetes Based Surgeries
·
Cardiovascular Diseases
·
Ulcers
·
Burns
·
Transplant Sites
·
Others
Surgical Dressing End-use Outlook (Revenue,
USD Million, 2018 - 2030)
·
Hospital
·
Specialty Clinics
·
Home Healthcare
·
Ambulatory Surgery Centers
·
Others
Surgical Dressing Regional Outlook (Revenue,
USD Million, 2018 - 2030)
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
Middle East & Africa (MEA)
Market Share Insights
·
October 2021: Healthium Medtech Limited,
a global MedTech company focused on products used in surgical, post-surgical,
and chronic care, launched Trushield NXT surgical wound dressing.
·
November 2018: MÓ§lnlycke launched
Mepilex Border Flex. The new Mepilex Border Flex dressing is designed to
support fewer dressing changes, lowering dressing costs and waste while
promoting optimal healing.
Key
Companies profiled:
Some prominent players in the global surgical dressing market
include:
·
3M
·
Smith &
Nephew
·
Mölnlycke Health
Care AB
·
ConvaTec Group
PLC
·
Johnson &
Johnson
·
Baxter
International
·
Coloplast Corp.
·
Medtronic
·
Derma Sciences
Inc. (Integra LifeSciences)
·
Cardinal Health
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Research.
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