Wound Dressing Market Dynamics Unfold: 2023 Industry Analysis

 Wound Dressing Industry | Forecast 2030

Wound Dressing Industry Data Book - Abdominal Pads, Medical Adhesive Tapes and Super Absorbent Dressings, Medical Tapes & Bandages, Moist Wound Dressing, Surgical Dressing Market

Grand View Research’s wound dressing industry data book is a collection of market sizing information & forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

Access the Global Wound Dressing Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

 

Wound Dressing Data Book Coverage Snapshot

Markets Covered

  • Wound Dressing Industry USD 61.0 billion in 2022 4.5% CAGR (2023-2030)
  • Abdominal Pads Market Size USD 967.9 million in 2022 6.1% CAGR (2023-2030)
  • Medical Adhesive Tapes Market Size USD 750.9 million in 2022 5.3% CAGR (2023-2030)
  • Film Dressing Market Size USD 1.51 billion in 2022 4.6% CAGR (2023-2030)
  • Hydrogel Dressing Market Size USD 883.9 million in 2022 4.3% CAGR (2023-2030)
  • Collagen Dressing Market Size USD 691.8 million in 2022 3.8% CAGR (2023-2030)
  • Super Absorbent Dressing Market Size USD 99.9 million in 2022 4.7% CAGR (2023-2030)
  • Alginate Dressing Market Size USD 902.7 million in 2022 4.1% CAGR (2023-2030)
  • Foam Dressing Market Size USD 1.13 billion in 2022 4.3% CAGR (2023-2030)
  • Hydrocolloid Dressing Market Size USD 1.38 billion in 2022 5.0% CAGR (2023-2030)
  • Silver Wound Dressing Market Size USD 951.0 million in 2022 5.6% CAGR (2023-2030)
  • Wound Dressing Market Size USD 13.6 billion in 2022 4.1% CAGR (2023-2030)
  • Advanced Wound Dressing Market Size USD 7.44 billion in 2022 4.5% CAGR (2023-2030)
  • Surgical Dressing Market Size USD 4.80 billion in 2022 5.6% CAGR (2023-2030)
  • Medical Gauze and Tapes Market Size USD 6.01 billion in 2022 5.6% CAGR (2023-2030)
  • Medical Tapes and Bandages Market Size USD 9.35 billion in 2022 3.4% CAGR (2023-2030)
  • Moist Wound Dressing Market Size USD 4.25 billion in 2022 5.5% CAGR (2023-2030)
  • Traditional Wound Management Market Size USD 6.21 billion in 2022 3.7% CAGR (2023-2030)

 

Abdominal Pads Market Growth & Trends

The global abdominal pads market size is expected to reach USD 1.5 billion, registering a CAGR of 6.1% from 2023 to 2030, based on a new report by Grand View Research, Inc., Increasing awareness among the people about wound management, a growing number of surgical procedures globally, and rising global elderly population are the growth driving factors. Furthermore, increasing cases of burn injuries is also expected to drive market growth. For instance, as per the World Health Organization, annually, more than five million people are listed as severely or moderately burnt.

The COVID-19 outbreak has hampered regular wound management procedures resulting in a decline in hospital attendance, postponed surgical services, and delayed or canceled surgical and other non-emergency procedures. The global market for wound management was significantly impacted by the pandemic's first wave. According to the article by Annals of Surgery, the pandemic has caused a disruption in the provision of surgical services, with an estimated 28.0 million elective surgeries worldwide being postponed during the first COVID-19 wave along with the cancellation of diagnostic and therapeutic treatments. However, after the cancellation of the lockdown and decline in the COVID-19 cases the hospitals and healthcare infrastructure is getting back to normal.

The key companies are attempting to enhance their product portfolio by upgrading their products, employing significant cooperative efforts, and considering acquisitions in addition to government permissions to increase their client base and capture a larger share of the abdominal pads market.

 

Order your copy of the Free Sample of “Wound Dressing Industry Data Book - Abdominal Pads, Medical Adhesive Tapes and Super Absorbent Dressings, Medical Tapes & Bandages, Moist Wound Dressing, Surgical Dressing Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

 

Medical Adhesive Tapes Market Growth & Trends

The global medical adhesive tapes market size is expected to reach USD 1,135.28 million by 2030 and is expected to expand at 5.3% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. Increasing number of people suffering from wounds, rising cases of traumatic accidents, and growth in the number of surgical cases are expected to be the key driving factors for the medical adhesive tapes industry.

The number of people with diabetes and other chronic diseases has increased, and as a result, more people are developing diabetic foot ulcers. For instance, according to the American Diabetes Association, 9.6% of the population, or over 2.4 million people, in Thailand are projected to have diabetes. Additionally, according to diabeticfootonline.com, up to 34% of diabetics are susceptible to getting a diabetic foot ulcer. This increases the demand for wound dressing, where medical adhesive tapes such as acrylic medical adhesive tapes & silicone medical adhesive tapes are used to keep wound dressing in place. This is impelling the market for medical adhesive tapes globally.

Moreover, an increase in the number of surgical procedures worldwide is further expected to impel market growth. Surgeries involve several incisions and amputations, which cause wounds. Further, most surgeries require pre- and post-operative infusion and catheter placements in patients. As medical adhesive tapes secure infusion lines and wound dressings, the demand for medical adhesive tapes is anticipated to increase with the rise in the total surgical case volume.

 

Go through the table of content of Wound Dressing Industry Data Book to get a better understanding of the Coverage & Scope of the study

 

Super Absorbent Dressings Market Growth & Trends

The global super absorbent dressings market size is expected to reach USD 144.21 million by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.69% from 2022 to 2030. An increase in the number of diabetic foot ulcer patients and a rise in surgical procedures worldwide are some major factors driving the market. For instance, as per the England National Health Service, 4.5 million people in the U.K. suffer from diabetes, out of which 10% of people are susceptible to developing diabetic foot ulcers at any given time. Similarly, according to Diabetes Australia, every year, 10,000 hospital admissions in Australia are related to diabetic foot ulcers. Thus, with the increasing number of diabetic foot ulcers, the market is anticipated to witness growth during the forecast period.

Moreover, there has been an increase in the number of traumatic incidents such as road accidents globally. For instance, as per the Department of Infrastructure, Transport, Regional Development & Communications, Australia, the road crash injury data in 2018 has increased by 11.8% in the preceding five years. Similarly, according to the Government of the U.K., there were 115,584 casualties due to road accidents in the U.K. Therefore, the increase in traumatic accidents may help the market grow during the forecast period.

 

Competitive Insights

The wound dressing market is highly fragmented and has many large and small market players. Competitive rivalry and the degree of competition are expected to be high, which may increase further, as current market players are intensifying their strategies to take hold of the majority of the collagen dressing market. To have a competitive edge over competitors, many market players are entering into various strategic initiatives such as product launches, mergers and acquisitions, and geographic expansion.

 

Check out more Industry Data Books, published by Grand View Research

 

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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