The global absorbent dressings market has grown rapidly in recent years. It will grow from $7.92 billion in 2023 to $8.73 billion in 2024 at a compound annual growth rate (CAGR) of 10.2%. The growth observed in the historical period can be attributed to several factors, including the influence of regulatory frameworks, the customization of wound care solutions, demographic trends such as an aging population, and an increased incidence of chronic diseases. These factors have collectively contributed to the development and adoption of absorbent dressings for wound care during this period.
The global absorbent dressings market is expected to see rapid growth in the next few years. It will grow to $12.82 billion in 2028 at a compound annual growth rate (CAGR) of 10.1%. The anticipated growth in the forecast period can be attributed to factors such as global healthcare infrastructure development, an increased focus on wound healing properties, the adoption of patient-centric solutions, growth in the home healthcare market, and heightened infection control measures. Major trends expected in the forecast period include advancements in wound care, a rise in surgical procedures, the prevalence of chronic wounds, a growing preference among patients for comfort and convenience, and an increasing demand for absorbent dressings in home healthcare settings.
The anticipated rise in chronic wounds is poised to be a driving force behind the expansion of the absorbent dressings market. Chronic wounds denote injuries that exhibit delayed progression through the normal phases of wound healing. Absorbent dressings play a crucial role in managing wounds caused by surgical incisions, burns, accidents, diabetic wounds, skin grafts, and venous ulcers by absorbing exudate. For example, in December 2022, as per data from the Mission Regional Medical Center, a medical facility based in the US, it is estimated that 6.7 million individuals presently live with chronic wounds, with an anticipated growth rate of more than 2% over the next decade. Consequently, the escalation in chronic wounds is propelling the expansion of the absorbent dressings market.
The burgeoning aging population is expected to be a catalyst for the growth of the absorbent dressings market in the foreseeable future. This demographic phenomenon denotes a gradual increase in the proportion or count of elderly individuals within a population. Elderly individuals often encounter delayed wound healing, rendering absorbent dressings indispensable for effective wound management and better outcomes. These dressings contribute significantly to wound healing, infection prevention, and overall comfort, thereby supporting the well-being and quality of life of the elderly. For instance, in October 2022, as stated by the World Health Organization, the global populace aged 60 years or older is projected to reach six individuals by 2030, up from one billion in 2020 to 1.4 billion. By 2050, this age group is expected to double to 2.1 billion, with an additional 426 million individuals aged 80 years or older compared to the present. Hence, the growing aging population is steering the expansion of the absorbent dressings market.
Innovations in product offerings stand out as a prominent trend gaining traction within the absorbent dressings market. Major companies active in this sector are dedicated to developing novel products featuring enhanced healing capabilities and efficacy, aiming to fortify their market standing. For example, in April 2022, Global Health Technology, a MedTech company headquartered in Norway, introduced Erland Care Protective Skin, a cutting-edge wound dressing. This protective skin incorporates a distinctive, highly absorbent, and skin-friendly material facilitating breathability and creating optimal healing conditions for wounds. Notably, this dressing is waterproof and its silicone adhesive ensures easy removal, marking a significant advancement in wound care technology.
Prominent players in the absorbent dressings market are placing their focus on pioneering technological advancements, notably the development of advanced foam dressings, to attain a competitive advantage within the industry. Advanced foam absorbent dressings represent a specialized type of wound dressing crafted for advanced wound care purposes. These dressings possess high absorbency levels and are tailored for managing wounds that exhibit varying degrees of exudate, fostering a moist wound environment conducive to healing. For example, in January 2023, Convatec Group PLC, a UK-based medical device company, introduced ConvaFoam in the US market - a range of advanced foam dressings catering to the requirements of healthcare providers and patients. The ConvaFoam dressings integrate AQUACEL hydrofiber technology alongside a superabsorbent layer, rendering them suitable for managing both exuding and non-exuding wounds while ensuring intact skin protection. This series of dressings feature innovations such as a superabsorbent layer, a patterned film design aiding in exudate monitoring, an extended usage duration of up to seven days, heightened fluid absorbency capabilities, and enhanced silicone technology for improved adhesion. Furthermore, its customizable nature allows for easy cutting to fit complex areas during application.
In February 2022, Argentum Medical, a US-based medical device company, completed the undisclosed acquisition of Anacapa Technologies, thereby consolidating its position in the wound care market by integrating Anacapa Technologies' Anasept and Silver-Sept antimicrobial wound cleansers, irrigation solutions, and gels. Anacapa Technologies Inc., a US-based enterprise specializing in skin and wound care products, became part of Argentum Medical through this strategic acquisition. This integration marked a significant stride for Argentum in bolstering its offerings within the wound care sector by assimilating Anacapa Technologies' range of antimicrobial products, thereby expanding its portfolio and reinforcing its position in the industry.
Major companies operating in the absorbent dressings market report are 3M Company, MPM Medical Inc., Alliqua BioMedical Inc., DeRoyal Industries Inc., Smith & Nephew PLC, Coloplast A/S, Johnson & Johnson, B. Braun Melsungen AG, Mölnlycke Health Care AB, Brightwake Limited, Hollister Incorporated, Integra LifeSciences Holdings Corporation, DermaRite Industries LLC, Birchwood Laboratories Inc., Medline Industries Inc., Acelity L.P. Inc., Argentum Medical LLC, ConvaTec Inc., Derma Sciences Inc., HARTMANN GROUP, Lohmann & Rauscher International GmbH & Co. KG, Medtronic PLC, Nitto Denko Corporation, Paul Hartmann AG, Systagenix Wound Management Ltd., Urgo Medical Ltd., Winner Medical Co. Ltd., 4L Health Co. Ltd., Aso LLC, Gentell Inc., Essity AB, Adynxx Inc., BSN Medical GmbH
North America was the largest region in the absorbent dressings market in 2023, and is expected to be the fastest-growing region in the forecast period. The regions covered in the absorbent dressings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the absorbent dressings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The main types of absorbent dressings include non-adherent, adherent, and low-adherent dressings. Non-adherent absorbent dressings are characterized by their low-adhering material, facilitating easy removal of the dressing. These dressings find diverse applications in hospitals, clinics, and home care settings, catering to both inpatient and outpatient facilities.
This report provides absorbent dressings market statistics, including absorbent dressings industry global market size, regional shares, competitors with an absorbent dressings market share, detailed absorbent dressings market segments, market trends and opportunities, and any further data you may need to thrive in the absorbent dressings industry. This absorbent dressing’s market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The absorbent dressings market consists of sales of gel pads, polyurethane foams, cotton or rayon, moisture control pads, alginate pads, AMD sponge dressing, and others. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The global absorbent dressings market is expected to see rapid growth in the next few years. It will grow to $12.82 billion in 2028 at a compound annual growth rate (CAGR) of 10.1%. The anticipated growth in the forecast period can be attributed to factors such as global healthcare infrastructure development, an increased focus on wound healing properties, the adoption of patient-centric solutions, growth in the home healthcare market, and heightened infection control measures. Major trends expected in the forecast period include advancements in wound care, a rise in surgical procedures, the prevalence of chronic wounds, a growing preference among patients for comfort and convenience, and an increasing demand for absorbent dressings in home healthcare settings.
The anticipated rise in chronic wounds is poised to be a driving force behind the expansion of the absorbent dressings market. Chronic wounds denote injuries that exhibit delayed progression through the normal phases of wound healing. Absorbent dressings play a crucial role in managing wounds caused by surgical incisions, burns, accidents, diabetic wounds, skin grafts, and venous ulcers by absorbing exudate. For example, in December 2022, as per data from the Mission Regional Medical Center, a medical facility based in the US, it is estimated that 6.7 million individuals presently live with chronic wounds, with an anticipated growth rate of more than 2% over the next decade. Consequently, the escalation in chronic wounds is propelling the expansion of the absorbent dressings market.
The burgeoning aging population is expected to be a catalyst for the growth of the absorbent dressings market in the foreseeable future. This demographic phenomenon denotes a gradual increase in the proportion or count of elderly individuals within a population. Elderly individuals often encounter delayed wound healing, rendering absorbent dressings indispensable for effective wound management and better outcomes. These dressings contribute significantly to wound healing, infection prevention, and overall comfort, thereby supporting the well-being and quality of life of the elderly. For instance, in October 2022, as stated by the World Health Organization, the global populace aged 60 years or older is projected to reach six individuals by 2030, up from one billion in 2020 to 1.4 billion. By 2050, this age group is expected to double to 2.1 billion, with an additional 426 million individuals aged 80 years or older compared to the present. Hence, the growing aging population is steering the expansion of the absorbent dressings market.
Innovations in product offerings stand out as a prominent trend gaining traction within the absorbent dressings market. Major companies active in this sector are dedicated to developing novel products featuring enhanced healing capabilities and efficacy, aiming to fortify their market standing. For example, in April 2022, Global Health Technology, a MedTech company headquartered in Norway, introduced Erland Care Protective Skin, a cutting-edge wound dressing. This protective skin incorporates a distinctive, highly absorbent, and skin-friendly material facilitating breathability and creating optimal healing conditions for wounds. Notably, this dressing is waterproof and its silicone adhesive ensures easy removal, marking a significant advancement in wound care technology.
Prominent players in the absorbent dressings market are placing their focus on pioneering technological advancements, notably the development of advanced foam dressings, to attain a competitive advantage within the industry. Advanced foam absorbent dressings represent a specialized type of wound dressing crafted for advanced wound care purposes. These dressings possess high absorbency levels and are tailored for managing wounds that exhibit varying degrees of exudate, fostering a moist wound environment conducive to healing. For example, in January 2023, Convatec Group PLC, a UK-based medical device company, introduced ConvaFoam in the US market - a range of advanced foam dressings catering to the requirements of healthcare providers and patients. The ConvaFoam dressings integrate AQUACEL hydrofiber technology alongside a superabsorbent layer, rendering them suitable for managing both exuding and non-exuding wounds while ensuring intact skin protection. This series of dressings feature innovations such as a superabsorbent layer, a patterned film design aiding in exudate monitoring, an extended usage duration of up to seven days, heightened fluid absorbency capabilities, and enhanced silicone technology for improved adhesion. Furthermore, its customizable nature allows for easy cutting to fit complex areas during application.
In February 2022, Argentum Medical, a US-based medical device company, completed the undisclosed acquisition of Anacapa Technologies, thereby consolidating its position in the wound care market by integrating Anacapa Technologies' Anasept and Silver-Sept antimicrobial wound cleansers, irrigation solutions, and gels. Anacapa Technologies Inc., a US-based enterprise specializing in skin and wound care products, became part of Argentum Medical through this strategic acquisition. This integration marked a significant stride for Argentum in bolstering its offerings within the wound care sector by assimilating Anacapa Technologies' range of antimicrobial products, thereby expanding its portfolio and reinforcing its position in the industry.
Major companies operating in the absorbent dressings market report are 3M Company, MPM Medical Inc., Alliqua BioMedical Inc., DeRoyal Industries Inc., Smith & Nephew PLC, Coloplast A/S, Johnson & Johnson, B. Braun Melsungen AG, Mölnlycke Health Care AB, Brightwake Limited, Hollister Incorporated, Integra LifeSciences Holdings Corporation, DermaRite Industries LLC, Birchwood Laboratories Inc., Medline Industries Inc., Acelity L.P. Inc., Argentum Medical LLC, ConvaTec Inc., Derma Sciences Inc., HARTMANN GROUP, Lohmann & Rauscher International GmbH & Co. KG, Medtronic PLC, Nitto Denko Corporation, Paul Hartmann AG, Systagenix Wound Management Ltd., Urgo Medical Ltd., Winner Medical Co. Ltd., 4L Health Co. Ltd., Aso LLC, Gentell Inc., Essity AB, Adynxx Inc., BSN Medical GmbH
North America was the largest region in the absorbent dressings market in 2023, and is expected to be the fastest-growing region in the forecast period. The regions covered in the absorbent dressings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the absorbent dressings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The main types of absorbent dressings include non-adherent, adherent, and low-adherent dressings. Non-adherent absorbent dressings are characterized by their low-adhering material, facilitating easy removal of the dressing. These dressings find diverse applications in hospitals, clinics, and home care settings, catering to both inpatient and outpatient facilities.
This report provides absorbent dressings market statistics, including absorbent dressings industry global market size, regional shares, competitors with an absorbent dressings market share, detailed absorbent dressings market segments, market trends and opportunities, and any further data you may need to thrive in the absorbent dressings industry. This absorbent dressing’s market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The absorbent dressings market consists of sales of gel pads, polyurethane foams, cotton or rayon, moisture control pads, alginate pads, AMD sponge dressing, and others. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Absorbent Dressings Market Characteristics3. Absorbent Dressings Market Trends and Strategies31. Global Absorbent Dressings Market Competitive Benchmarking32. Global Absorbent Dressings Market Competitive Dashboard33. Key Mergers and Acquisitions in the Absorbent Dressings Market
4. Absorbent Dressings Market - Macro Economic Scenario
5. Global Absorbent Dressings Market Size and Growth
6. Absorbent Dressings Market Segmentation
7. Absorbent Dressings Market Regional and Country Analysis
8. Asia-Pacific Absorbent Dressings Market
9. China Absorbent Dressings Market
10. India Absorbent Dressings Market
11. Japan Absorbent Dressings Market
12. Australia Absorbent Dressings Market
13. Indonesia Absorbent Dressings Market
14. South Korea Absorbent Dressings Market
15. Western Europe Absorbent Dressings Market
16. UK Absorbent Dressings Market
17. Germany Absorbent Dressings Market
18. France Absorbent Dressings Market
19. Italy Absorbent Dressings Market
20. Spain Absorbent Dressings Market
21. Eastern Europe Absorbent Dressings Market
22. Russia Absorbent Dressings Market
23. North America Absorbent Dressings Market
24. USA Absorbent Dressings Market
25. Canada Absorbent Dressings Market
26. South America Absorbent Dressings Market
27. Brazil Absorbent Dressings Market
28. Middle East Absorbent Dressings Market
29. Africa Absorbent Dressings Market
30. Absorbent Dressings Market Competitive Landscape and Company Profiles
34. Absorbent Dressings Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
This report provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on absorbent dressings market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for absorbent dressings? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of covid 19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:
1) By Product: Non-Adherent; Adherent; Low-Adherent2) By Application: Hospital; Clinic; Home Care
3) By End-User: Inpatient Facilities; Outpatient Facilities
Key Companies Mentioned: 3M Company; MPM Medical Inc.; Alliqua BioMedical Inc.; DeRoyal Industries Inc.; Smith & Nephew PLC
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- 3M Company
- MPM Medical Inc.
- Alliqua BioMedical Inc.
- DeRoyal Industries Inc.
- Smith & Nephew PLC
- Coloplast A/S
- Johnson & Johnson
- B. Braun Melsungen AG
- Mölnlycke Health Care AB
- Brightwake Limited
- Hollister Incorporated
- Integra LifeSciences Holdings Corporation
- DermaRite Industries LLC
- Birchwood Laboratories Inc.
- Medline Industries Inc.
- Acelity L.P. Inc.
- Argentum Medical LLC
- ConvaTec Inc.
- Derma Sciences Inc.
- HARTMANN GROUP
- Lohmann & Rauscher International GmbH & Co. KG
- Medtronic PLC
- Nitto Denko Corporation
- Paul Hartmann AG
- Systagenix Wound Management Ltd.
- Urgo Medical Ltd.
- Winner Medical Co. Ltd.
- 4L Health Co. Ltd.
- Aso LLC
- Gentell Inc.
- Essity AB
- Adynxx Inc.
- BSN Medical GmbH
Methodology
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