The global silver wound dressing market is anticipated to grow at a CAGR of nearly 4.8% during the forecast period (2022-2028). Silver wound dressings are the type of dressings that contain silver or silver releasing compounds that are used in the treatment of acute and chronic wound infections. Silver wound dressing supports to prevent and reduce infections which provide a range of antimicrobial activity within wounds. It provides a moist wound environment that promotes wound recovery. The rising incidences of chronic wounds such as diabetes, ulcers, and the growing awareness regarding advanced wound care treatment are the factors that are driving the growth of the market. The use of traditional wound care products is being replaced with advanced wound care management products owing to the efficiency and effectiveness in managing wounds by enabling faster healing. High prevalence rate of acute wounds has also witnessed over the years. The use of silver-based wound dressing is increasing to prevent surgical site infections as it allows rapid healing. Burn is one of the most common household injuries, especially among children. Burns are characterized by severe skin damage that causes the affected skin cells to die. This, in turn, is accelerating the growth of the global silver wound dressing market.
Some major players in the market include 3M Co., Coloplast A/S, and Smith & Nephew plc, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in February 2019, GEMCO Medical launched GEMCORE360, the brand of advanced wound care products. Additionally, in 2019, KCI-an Acelity – introduced its advanced wound dressing products, such as KERRAFOAM Gentle Border Dressing, KERRACONTACT Ag Dressing, and KERRAMAX CARE Dressing, in South Africa to expand its market presence.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Product Type
- By Indication
- By End-User
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape– 3M Co., Coloplast A/S, and Smith & Nephew plc, among others.
A full report is available at: https://orionmarketreports.com/global-silver-wound-dressing-market/94434/
Global Silver Wound Dressing Market Report by Segment
By Product
- Hydrofiber Silver Dressings
- Nanocrystalline Silver Dressings
- Silver Plated Nylon Fiber Dressing
- Silver Nitrate Dressing
- Silver Alginate Dressing
By Indication
- Burns
- Ulcers
- Cuts and Lacerations
By End-User
- Inpatient Facilities
- Outpatient Facilities
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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