The global alginate wound management dressing market is anticipated to grow at a CAGR of 3.1% during the forecast period (2022-2028). The Alginate wound treatment dressing market is predicted to grow in response to the rising prevalence of chronic wounds and burn cases across the globe. According to the article by Medscape, in June 2021, chronic wounds are a huge burden on patients, healthcare providers, and the US healthcare system, impacting 5.7 million patients and costing an estimated $20 billion per year. An aging population, as well as increases in diabetes and obesity, is all leading to a rise in wound care needs. Chronic wounds are on the rise for a variety of reasons, including an increase in obesity (which is strongly linked to the development of diabetes), an older population, and a fast-growing demand for wound care services among veterans. As a result, chronic wounds are one of the leading causes of death and morbidity, necessitating advanced treatment such as alginate dressings.
Burn incidents are on the rise all across the globe, posing major public health issues. According to the World Health Organization (WHO), burn-related mortality is anticipated to reach above 180,000 per year. The alginate wound management dressings market is expected to grow quicker in the estimated period as a consequence of an increased preference for sophisticated wound dressing products for the treatment of burn ulcers. Alginate dressings are the most preferred for chronic wound treatment due to their unique qualities such as better absorption capacity of wound exudates, reduced bacterial infection, and improved wound healing, which is expected to boost the alginate wound management dressings market.
Manufacturers in the alginate wound management dressings market are focusing on delivering innovative products with improved clinical outcomes to minimize pain, keep wounds moist, and improve overall patient comfort. Key competitors in the alginate dressings market are also attempting to differentiate their goods from others in order to improve consumer convenience. To maintain a stronger position in the industry, these market leaders are integrating additional functionalities. For instance, in February 2019, GEMCO Medical launched product line called GEMCORE360. Transparent thin films, alginate dressings, silver alginate dressings, hydrocolloid dressings, foam dressings, and PHMB foam dressings are among the products available, all of which are designed to keep wounds moist, manage bioburden, reduce pain, and improve overall patient comfort.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- 3M, Coloplast Corp., ConvaTec Inc., GEMCO Medical, Mölnlycke Health Care AB, Smith & Nephew, among others.
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Global Alginate Wound Management Dressing Market Report by Segment
By Type
- Calcium Alginate Dressing
- Silver Alginate Dressing
By Application
- Chronic Wounds
- Acute Wounds
- Postoperative Wounds
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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