Wound Dressing Industry Shows Remarkable Growth Potential in the Forecast Period 2023-2030

 Wound Dressing Industry Data Book | Forecast 2030

The global wound dressing market size was valued at USD 61.0 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 4.5% from 2022 to 2030. Increasing incidence of chronic diseases such as diabetes, cancer, and other autoimmune diseases is anticipated to increase the incidence rate of chronic and acute wounds across the globe. Factors such as antimicrobial resistance, unhealthy & sedentary lifestyles, and tobacco & alcohol consumption are contributing to the rising prevalence of non-communicable diseases. Furthermore, technological advancements are projected to have a significant impact on wound dressing industry in the coming years. The quality of life of patients suffering from chronic wounds improves as technology advances and becomes more affordable. For instance, in December 2022, MediWound Ltd. obtained the U.S. Food and Drug Administration (FDA) approval for its NexoBrid. This product is intended for the removal of eschar in adults with deep partial-thickness and/or full-thickness thermal burns.

 

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 dressings have progressed from simple bandages that cover the wound to advanced ones that release pharmaceutically active chemicals to speed up healing and reduce pain and inflammation. Thus , we have included all the markets related to wound dressing industry which include abdominal pads, medical adhesive tapes, film dressing, hydrogel dressing, collagen dressing, super absorbent dressing, alginate dressing, foam dressing, hydrocolloid dressing, silver wound dressing, wound dressing, advanced wound dressing, surgical dressing, medical gauze and tapes, medical tapes and bandages, moist wound dressing, and traditional wound management. Wound care is critical for accelerating healing and reducing the risk of infection. A wound might be acute or chronic, and depending on the wound situation, each of the products listed above has its own set of advantages.

 

Abdominal Pads Market Report Highlights

  • Based on type, the sterile segment accounted for the largest market share of 62.1% in 2022 as it is a highly absorbent material to absorb excess fluid

 

  • The chronic wound segment dominated the abdominal pads market with a revenue share of 32.6% in 2022 owing to the prolonged healing time required. The surgical wounds segment is expected to witness the fastest expansion with a CAGR of 6.6% during the forecast period due to the increased number of surgical procedures globally

 

  • Based on the end-use, the hospitals segment dominated the abdominal pads market with a revenue share of 36.8% in 2022 and is likely to expand at the fastest growth rate from 2023 to 2030

 

  • North America accounted for the largest revenue share of nearly 44.3% in 2022. This is owing to the highly developed healthcare infrastructure and presence of major companies in the region

 

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 Report Highlights

  • Based on type, the acrylic segment dominated the medical adhesive tapes industry with a market share of 42.2% in 2023; however, the silicone segment is projected to grow lucrative CAGR during the forecast period

 

  • Based on adhesion, the double-coated medical adhesive tapes segment dominated the market; this can be accredited to the usability and availability of the double-coated tapes

 

  • Based on application, the surgery segment dominated the market with a revenue share in 2023

 

  • Based on end-use, the hospital segment dominated the market with the largest revenue share in 2023

 

  • The Asia Pacific region dominated the market with a revenue share of 48.0% in 2023 and is also expected to grow the fastest CAGR during the forecast period. This can be attributed to the rising geriatric population and increase in surgical cases in the region

 

 

Film Dressing Market Report Highlights

 

  • The chronic wounds segment dominated the application segment in 2021 with a market share of 59.93% due to the growing number of chronic wounds, and elderly population

 

  • Hospitals dominated the end-use segment with a market share of 45.28% in 2021, whereas, the home healthcare segment is projected to grow at a CAGR of 5.21% during the forecast period

 

  • North America dominated the regional segment with a market share of 45.43% in 2021, due to the availability of favorable reimbursement policies, and large market players

 

  • Asia Pacific is expected to be the fastest-growing regional segment, due to the presence of a large patient population

 

 

Hydrogel Dressing Market Report Highlights

  • Based on product, the amorphous segment dominated the market in 2023, owing to extensive use of amorphous hydrogel over impregnated and sheet dressings to treat ulcers and burn wounds

 

  • Based on application, the chronic wounds segment dominated the market in 2023 due to growing number of chronic wounds and elderly population

 

  • In terms of end-use, the hospitals segment dominated the market in 2023, whereas, the home healthcare segment is projected to witness a fastest CAGR over the forecast period

 

  • North America dominated the regional segment with a market share of 45.46% in 2023, due to availability of favorable reimbursement policies and large market players

 

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

 

Wound Dressing Industry Segmentation


Abdominal Pads Market

Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Sterile
  • Non-sterile

Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Surgical wounds
  • Chronic wounds
  • Burns
  • Others

End-use Outlook (Revenue, USD Million, 2018 - 2030)

  • Hospitals
  • Specialty clinics
  • Home healthcare
  • Others

 

 

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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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