The wound dressings market is projected to reach USD 11.2 billion by 2027 from USD 7.0 billion in 2020, at a CAGR of 9%.
The key factors driving the growth of the wound dressings market are the increasing incidence of chronic wounds, ulcers and diabetic ulcers and the increase in surgical procedures worldwide.
Chronic wounds increase the duration of wound healing by causing complications such as infections, ulcers, and lack of blood supply. The most common chronic wounds include venous ulcers, diabetic foot ulcers, and pressure sores. Wound dressing products and proper care to address underlying deficiencies have recently received attention. Diabetes, obesity, and the late effects of radiation therapy are some of the other factors contributing to the increased incidence of chronic wounds.
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The key manufacturers in this market include
- Integra Lifesciences Holdings Corp.
- Derma Sciences, Inc.
- Convatec, Inc
- Coloplast Corp.
- Organogenesis Inc.
- Medline Industries, Inc.
- Acelity L.P., Inc.
- Mlnlycke Health Care
By the product type, the market is primarily split into
- Advanced Wound Dressings
- Traditional Wound Dressing
By the end users/application, this report covers the following segments
- Diabetic Foot Ulcers
- Pressure Ulcers
- Venous Ulcers
- Surgical Wounds
- Burns
- Others
Scope of the Report
The research study analyzes the global Wound Dressing industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Wound Dressing Market Report
1. What was the Wound Dressing Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Wound Dressing Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Wound Dressing Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Wound Dressing market.
- The market share of the global Wound Dressing market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Wound Dressing market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Wound Dressing market.
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