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Advanced Wound Care Dressing Market Size and Forecasts, Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Type, Application, End User, and Geography

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    Report

  • 150 Pages
  • November 2023
  • Region: Global
  • The Insight Partners
  • ID: 5932618
UP TO OFF until Dec 31st 2024
The advanced wound care dressing market size is expected to grow from US$ 4.333 billion in 2022 to US$ 6.629 billion by 2030; it is estimated to register a CAGR of 5.46% from 2022 to 2030. The growth of the market is attributed to the growing number of burn wounds, chronic diseases, and road accidents, which are contributing to the rising demand for surgical procedures. Increasing surgical procedures are, in turn, boosting the market growth. However, the high cost associated with advanced wound care dressings hinders the market growth.

Advanced wound dressings are designed to have biological activity either on their own or through the release of drugs incorporated within the dressing. These drugs can play an active role in the wound healing process, either directly as cleansing or debriding agents for removing necrotic tissue or indirectly as antimicrobial drugs to prevent or treat infection or growth agents to aid tissue regeneration. These dressings are typically made of synthetic polymers and are classified into three categories: semi-occlusive, occlusive, and bioactive. Semi-permeable films and foams fall under the semi-occlusive category, while hydrocolloids and hydrogels are considered advanced interactive dressings. Bioactive wound dressings consist of tissue-engineered skin equivalents. When it comes to managing chronic wounds, where patients usually undergo long treatments and frequent dressing changes, a system that delivers drugs to the wound site in a controlled fashion can improve patient compliance and therapeutic outcomes.

Increasing surgical procedures Demanding for Wound Care Management Drive Advanced Wound Care Dressings Market.

The increasing prevalence of chronic diseases such as ulcerative colitis, cardiac arrest, cancer, and brain hemorrhage has led to a rise in the demand for surgical procedures. For instance, according to the Australian Institute of Health and Welfare (AIHW), in 2020-2021, cardiovascular disease was the reason behind the hospitalization of 600,000 people, representing 5.1% of all hospitalizations in Australia. Among these patients, 146,000 coronary angiography procedures were reported, out of which 97,200 (67%) were performed for males and 48,900 (33%) for females. Similarly, an article published by Eurostats in 2023 showed that in 2021, transluminal coronary angioplasty was one of the top ten surgical procedures performed in European countries. It was performed an average of 553 and 390 times per 100,000 inhabitants in Croatia and Germany, respectively.

Additionally, the growing prevalence of cancer, one of the chronic conditions that require surgical removal of tumors, is becoming a global health burden. According to the statistics provided by the National Center for Health Statistics (NCHS), in 2023, cancer resulted in 609,820 deaths, and 1,958,310 new cancer cases were reported in the US. Moreover, surgical procedures for burns and scald wounds and plastic surgeries for beauty enhancement are contributing to the growth of the advanced wound care market.

Market Trend

Expansion of Existing Technologies and Launch of New Innovations Emerges as Key Trend
Major market players in the advanced wound care dressing market are focusing on research and development activities, which has resulted in the product of novel innovations that are faster and more effective than traditional wound dressings. For instance, in March 2022, Cardinal Health launched its first surgical incise drape using industry-leading antiseptic Chlorhexidine Gluconate (CHG). The drape is equipped with Avery Dennison's patented BeneHold CHG adhesive technology, which reduces the risk of surgical site contamination by preventing the growth of organisms that typically cause surgical site infections (SSIs). The incise film is strong, conformable, and breathable, providing a sterile surface that acts as a barrier against contamination.

Application-Based Insights

Based on application, the global advanced wound care dressing market is segmented into Heavy Exudated Wounds, Burns & scald wounds, Ulcers/Bedsore/Cavity wounds, Post-Operative Surgery Wounds and Injuries, and Others. The heavy exudated wounds segment held the largest market share in 2022 and is anticipated to register the highest CAGR during 2022-2030. Exudate is referred to as the drainage that seeps out of wounds when it is in its initial stage. The body produces this liquid in response to tissue damage and indicates the severity of the wound. Successful exudate management is a vital part of wound management. Excessive amounts of exudate in the wound bed can cause problems like maceration of the peri-wound or denudation. In wounds that become infected, exudate levels often increase, and exudate can become viscous. These challenges can disrupt and delay the healing process, so it is important to take the necessary steps to ensure that the wound bed remains moist but not overly saturated. Wound dressings have different ways of handling fluids, such as absorption, gelling, retention, and moisture vapor transmission. Advanced wound dressings such as sodium alginate dressing, foam dressing, and hydrocolloid dressings are suitable dressings as they absorb the exudate, maintain moisture, and facilitate the wound healing process.

End User-Based Insights

In terms of end users, the advanced wound care dressing market is classified into hospitals & clinics, specialty centers, homecare, and others. The hospitals & clinics segment held a larger share of the market in 2022 and is anticipated to register a higher CAGR during 2022-2030. The hospitals are the primary healthcare centers that patients seek for first aid and chronic wound care management. The number of patients visiting hospitals is more than any other healthcare center. Apart from fee reimbursement, the availability of medicines is quick in these healthcare centers. Therefore, the number of patients visiting hospitals for surgeries is higher.

Table of Contents

1. Introduction
1.1 Scope of the Study
1.2 Market Definition, Assumptions and Limitations
1.3 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness Analysis
3. Research Methodology
4. Advanced Wound Dressing Market Landscape
4.1 Overview
4.2 Pest Analysis
5. Advanced Wound Dressing Market - Key Market Dynamics
5.1 Key Market Drivers
5.2 Key Market Restraints
5.3 Key Market Opportunities
5.4 Future Trends
5.5 Impact Analysis of Drivers and Restraints
6. Advanced Wound Dressing Market - Global Market Analysis
6.1 Advanced Wound Dressing - Global Market Overview
6.2 Advanced Wound Dressing - Global Market and Forecast to 2030
7. Advanced Wound Dressing Market - Revenue Analysis (Usd Million) - by Type, 2020-2030
7.1 Overview
7.2 Foam Dressing
7.2.1 Non-Adherent Foam Dressing
7.2.2 Foam Dressing With Polyurethane Film
7.2.3 Self-Adherent Foam Dressing
7.2.4 Silver Ion Foam Dressing
7.3 Alginate Dressing
7.4 Hydrogel Dressing
7.5 Hydrocolloid Dressing
7.6 Collagen Dressing
7.7 Film Dressing
7.8 Others
8. Advanced Wound Dressing Market - Revenue Analysis (Usd Million) - by Application, 2020-2030
8.1 Overview
8.2 Heavy Exudated Wounds
8.3 Burns and Scald Wounds
8.4 Ulcers/Bedsore/Cavity Wound
8.5 Post-Operative Surgery Wounds and Injuries
8.6 Others
9. Advanced Wound Dressing Market - Revenue Analysis (Usd Million) - by End-user, 2020-2030
9.1 Overview
9.2 Hospitals and Clinics
9.3 Specialty Centers
9.4 Homecare
9.5 Others
10. Advanced Wound Dressing Market - Revenue Analysis (Usd Million), 2020-2030 - Geographical Analysis
10.1 North America
10.1.1 North America Advanced Wound Dressing Market Overview
10.1.2 North America Advanced Wound Dressing Market Revenue and Forecasts to 2030
10.1.3 North America Advanced Wound Dressing Market Revenue and Forecasts and Analysis - by Type
10.1.4 North America Advanced Wound Dressing Market Revenue and Forecasts and Analysis - by Application
10.1.5 North America Advanced Wound Dressing Market Revenue and Forecasts and Analysis - by End-user
10.1.6 North America Advanced Wound Dressing Market Revenue and Forecasts and Analysis - by Countries
10.1.6.1 United States Advanced Wound Dressing Market
10.1.6.1.1 United States Advanced Wound Dressing Market, by Type
10.1.6.1.2 United States Advanced Wound Dressing Market, by Application
10.1.6.1.3 United States Advanced Wound Dressing Market, by End-user
10.1.6.2 Canada Advanced Wound Dressing Market
10.1.6.2.1 Canada Advanced Wound Dressing Market, by Type
10.1.6.2.2 Canada Advanced Wound Dressing Market, by Application
10.1.6.2.3 Canada Advanced Wound Dressing Market, by End-user
10.1.6.3 Mexico Advanced Wound Dressing Market
10.1.6.3.1 Mexico Advanced Wound Dressing Market, by Type
10.1.6.3.2 Mexico Advanced Wound Dressing Market, by Application
10.1.6.3.3 Mexico Advanced Wound Dressing Market, by End-user
Note - Similar Analysis Would Be Provided for Below Mentioned Regions/Countries
10.2 Europe
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 Spain
10.2.5 United Kingdom
10.2.6 Rest of Europe
10.3 Asia-Pacific
10.3.1 Australia
10.3.2 China
10.3.3 India
10.3.4 Japan
10.3.5 South Korea
10.3.6 Rest of Asia-Pacific
10.4 Middle East and Africa
10.4.1 South Africa
10.4.2 Saudi Arabia
10.4.3 U.A.E
10.4.4 Rest of Middle East and Africa
10.5 South and Central America
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Rest of South and Central America
11. Pre and Post Covid-19 Impact
12. Industry Landscape
12.1 Mergers and Acquisitions
12.2 Agreements, Collaborations, Joint Ventures
12.3 New Product Launches
12.4 Expansions and Other Strategic Developments
13. Competitive Landscape
13.1 Heat Map Analysis by Key Players
13.2 Company Positioning and Concentration
14. Advanced Wound Dressing Market - Key Company Profiles
14.1 Triage Meditech Pvt. Ltd
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
Note - Similar Information Would Be Provided for Below List of Companies
14.2 Convatec Group plc
14.3 Medsupply Inc.
14.4 Smith and Nephew
14.5 Hartmann Usa, Inc.
14.6 Medtronic
14.7 Medical Monks
14.8 3M
14.9 Mölnlycke Health Care Ab
14.10 Coloplast Corp
14.11 Medcu
15. Appendix
15.1 Glossary
15.2 About the Publisher
15.3 Market Intelligence Cloud

Companies Mentioned

  • Advanced Wound Care Dressing Market
  • TRIAGE MEDITECH PVT. LTD
  • Convatec Group PLC MedSupply Inc.
  • Smith and Nephew
  • HARTMANN USA, Inc.
  • Medtronic
  • Medical Monks
  • 3M
  • Mölnlycke Health Care AB
  • Coloplast Corp
  • MEDCU

Table Information