The report is titled as ‘Wound Dressing Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the wound dressing market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Wound dressing market is expected to grow with significant rate in the near future.
The global wound dressing market in 2020 is estimated for more than US$ 7.0 Bn and expected to reach a value of US$ 14.5 Bn by 2028 with a significant CAGR of 9.6%.
Wound Dressing Market Definition
Wound healing is a progressive and convoluted process that asks for an appropriate environment to speed up the healing process. In the world of today, technology has advanced with the rapid pace that has resulted in more than 3000 products being manufactured to operate various types of wounds by aiming several different aspects of the healing process. Also, wounds, if not treated timely and properly, consist of a risk of wound infection which is a major safety concern for medical specialists as well as for patients.
Therefore, wound care is important in order to boost the healing process and avoid wound infection and thus, encourage the well-being of patients globally. During the recent years, wound dressings have witnessed huge demand in order to assist the progress of wound healing.
Basically, the wound dressing procedure alters the injured tissues and offers a moisturized environment for accurate cell migration thus turning out in minimum scar tissue composition. Also, the wound dressing are of different types ranging from antibacterial woven pads to growth factor in situ forming gels. Owing to which, the global wound dressing market is expected to grow significantly in the forecast period.
Wound Dressing Market Dynamics
One of the major factors which is projected to boost the growth of the global wound dressing market is the rising count of diabetic patients across the world, as the diabetic patients are at 30 times higher risk of having an amputation surgeries as compared to general population, which further creates demand for wound dressing in order to avoid wound infections and quicken the healing process of the patients.
By the same token, the constantly surging incidence of diseases such as diabetic ulcers, pressure ulcers, and venous stasis ulcers among the population is also projected to contribute to the growing demand of the wound dressing. Owing to which, the global wound dressing market is expected to elevate higher in the near future.
Along with that, the ever-increasing geriatric population across the world are also a major factor that may accelerate the growth of the global wound dressing market during the forecast timeframe as they are more vulnerable to surgeries and deep wounds, which calls for the wound dressing process. However, the high cost, lack of awareness and hesitant population in selection of novel treatments are few factors that are likely to hold back the growth of the global wound dressing market in the coming years.
Wound Dressing Market Key Players
Some of the key participating players in wound dressing market are
Smith & Nephew plc
Acelity L.P.
Integra Lifesciences Corporation
Coloplast Corporation
3M Company
Organogenesis Inc.
ConvaTec Inc.
Hollister Wound Care
Mölnlycke Health Care AB
BSN Medical
Wound Dressing Market Segmentation
The wound dressing market is segmented on the basis of product type, application, end user, and region.
On Basis of Product Type
• Advanced Wound Dressings
o Foam Dressings
o Hydrocolloids
o Hydrofiber
o Film Dressings
o Alginates
o Collagen Dressings
o Hydrogels Dressings
o Wound Contact Layers
o Superabsorbent Dressings
• Traditional Wound Dressings
o Surgical Tapes
o Anti-Infective Dressings
o Dry Dressings
On Basis of Application
• Surgical Wounds
• Trauma Wounds
• Burns
• Diabetic Foot Ulcers
• Pressure Ulcers
• Venous Ulcers
On Basis of End User
• Inpatient Facilities
• Outpatient Facilities
On Basis of Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East
• Africa
MMC Overview on Wound Dressing Market Report
The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give better opportunity for the customers to put their effort.
A research report on the Wound Dressing market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
• New product designs and launches
• Current product compliance
• Reimbursement
• Concerns for use of Wound Dressing
• Advantages of Wound Dressing
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.
1. Global Wound Dressing Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Wound Dressing Market Overview
2.1. Introduction
2.1.1. Market Definition
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Wound Dressing Market Snapshot
2.4. Global Wound Dressing Market Size and Forecast, 2020–2028
2.4.1. Introduction
2.4.2. Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)
2.5. Global Wound Dressing Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Key Regulations
2.7. Porter’s Five Forces Model
3. Global Wound Dressing Market, By Product Type
3.1. Introduction
3.1.1. Annual Growth Rate Comparison, By Product Type
3.1.2. BPS Analysis, By Product Type
3.2. Market Revenue (US$Mn) Forecast, By Product Type
3.2.1. Advanced Wound Dressings
3.2.1.1. Foam Dressings
3.2.1.2. Hydrocolloids
3.2.1.3. Hydrofiber
3.2.1.4. Film Dressings
3.2.1.5. Alginates
3.2.1.6. Collagen Dressings
3.2.1.7. Hydrogels Dressings
3.2.1.8. Wound Contact Layers
3.2.1.9. Superabsorbent Dressings
3.2.2. Traditional Wound Dressings
3.2.2.1. Surgical Tapes
3.2.2.2. Anti-Infective Dressings
3.2.2.3. Dry Dressings
3.3. Global Wound Dressing Market Attractiveness Index, By Product Type
4. Global Wound Dressing Market, By Application
4.1. Introduction
4.1.1. Annual Growth Rate Comparison, By Application
4.1.2. BPS Analysis, By Application
4.2. Market Revenue (US$Mn) Forecast, By Application
4.2.1. Surgical Wounds
4.2.2. Trauma Wounds
4.2.3. Burns
4.2.4. Diabetic Foot Ulcers
4.2.5. Pressure Ulcers
4.2.6. Venous Ulcers
4.3. Global Wound Dressing Market Attractiveness Index, By Application
5. Global Wound Dressing Market, By End User
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By End User
5.1.2. BPS Analysis, By End User
5.2. Market Revenue (US$Mn) Forecast, By End User
5.2.1. Inpatient Facilities
5.2.2. Outpatient Facilities
5.3. Global Wound Dressing Market Attractiveness Index, By End User
6. Global Wound Dressing Market, By Region
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By Region
6.1.2. BPS Analysis, By Region
6.2. Market Revenue (US$Mn) Forecast, By Region
6.2.1. North America
6.2.2. Latin America
6.2.3. Europe
6.2.4. Asia Pacific
6.2.5. Middle East
6.2.6. Africa
6.3. Global Wound Dressing Market Attractiveness Index, By Region
7. North America Wound Dressing Market Analysis and Forecast, 2020–2028
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Country
7.1.2. BPS Analysis, By Country
7.2. Market Revenue (US$Mn) Forecast, By Country
7.2.1. U.S. Wound Dressing Market
7.2.2. Canada Wound Dressing Market
7.3. North America Wound Dressing Market, By Product Type
7.3.1. Advanced Wound Dressings
7.3.1.1. Foam Dressings
7.3.1.2. Hydrocolloids
7.3.1.3. Hydrofiber
7.3.1.4. Film Dressings
7.3.1.5. Alginates
7.3.1.6. Collagen Dressings
7.3.1.7. Hydrogels Dressings
7.3.1.8. Wound Contact Layers
7.3.1.9. Superabsorbent Dressings
7.3.2. Traditional Wound Dressings
7.3.2.1. Surgical Tapes
7.3.2.2. Anti-Infective Dressings
7.3.2.3. Dry Dressings
7.4. North America Wound Dressing Market, By Application
7.4.1. Surgical Wounds
7.4.2. Trauma Wounds
7.4.3. Burns
7.4.4. Diabetic Foot Ulcers
7.4.5. Pressure Ulcers
7.4.6. Venous Ulcers
7.5. North America Wound Dressing Market, By End User
7.5.1. Inpatient Facilities
7.5.2. Outpatient Facilities
7.6. North America Wound Dressing Market Attractiveness Index
7.6.1. By Country
7.6.2. By Product Type
7.6.3. By Application
7.6.4. By End User
8. Latin America Wound Dressing Market Analysis and Forecast, 2020–2028
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Country
8.1.2. BPS Analysis, By Country
8.2. Market (US$Mn) Forecast, By Country
8.2.1. Brazil Wound Dressing Market
8.2.2. Mexico Wound Dressing Market
8.2.3. Argentina Wound Dressing Market
8.2.4. Rest of Latin America Wound Dressing Market
8.3. Latin America Wound Dressing Market, By Product Type
8.3.1. Advanced Wound Dressings
8.3.1.1. Foam Dressings
8.3.1.2. Hydrocolloids
8.3.1.3. Hydrofiber
8.3.1.4. Film Dressings
8.3.1.5. Alginates
8.3.1.6. Collagen Dressings
8.3.1.7. Hydrogels Dressings
8.3.1.8. Wound Contact Layers
8.3.1.9. Superabsorbent Dressings
8.3.2. Traditional Wound Dressings
8.3.2.1. Surgical Tapes
8.3.2.2. Anti-Infective Dressings
8.3.2.3. Dry Dressings
8.4. Latin America Wound Dressing Market, By Application
8.4.1. Surgical Wounds
8.4.2. Trauma Wounds
8.4.3. Burns
8.4.4. Diabetic Foot Ulcers
8.4.5. Pressure Ulcers
8.4.6. Venous Ulcers
8.5. Latin America Wound Dressing Market, By End User
8.5.1. Inpatient Facilities
8.5.2. Outpatient Facilities
8.6. Latin America Wound Dressing Market Attractiveness Index
8.6.1. By Country
8.6.2. By Product Type
8.6.3. By Application
8.6.4. By End User
9. Europe Wound Dressing Market Analysis and Forecast, 2020–2028
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Country
9.1.2. BPS Analysis, By Country
9.2. Market (US$Mn) Forecast, By Country
9.2.1. U.K. Wound Dressing Market
9.2.2. Germany Wound Dressing Market
9.2.3. Italy Wound Dressing Market
9.2.4. France Wound Dressing Market
9.2.5. Spain Wound DressingMarket
9.2.6. Russia Wound Dressing Market
9.2.7. Poland Wound Dressing Market
9.2.8. BENELUX Wound Dressing Market
9.2.9. NORDIC Wound Dressing Market
9.2.10. Rest of Europe Wound Dressing Market
9.3. Europe Wound Dressing Market, By Product Type
9.3.1. Advanced Wound Dressings
9.3.1.1. Foam Dressings
9.3.1.2. Hydrocolloids
9.3.1.3. Hydrofiber
9.3.1.4. Film Dressings
9.3.1.5. Alginates
9.3.1.6. Collagen Dressings
9.3.1.7. Hydrogels Dressings
9.3.1.8. Wound Contact Layers
9.3.1.9. Superabsorbent Dressings
9.3.2. Traditional Wound Dressings
9.3.2.1. Surgical Tapes
9.3.2.2. Anti-Infective Dressings
9.3.2.3. Dry Dressings
9.4. Europe Wound Dressing Market, By Application
9.4.1. Surgical Wounds
9.4.2. Trauma Wounds
9.4.3. Burns
9.4.4. Diabetic Foot Ulcers
9.4.5. Pressure Ulcers
9.4.6. Venous Ulcers
9.5. Europe Wound Dressing Market, By End User
9.5.1. Inpatient Facilities
9.5.2. Outpatient Facilities
9.6. Europe Wound Dressing Market Attractiveness Index
9.6.1. By Country
9.6.2. By Product Type
9.6.3. By Application
9.6.4. By End User
10. Asia Pacific Wound Dressing Market Analysis and Forecast, 2020–2028
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market (US$Mn) Forecast, By Country
10.2.1. China Wound Dressing Market
10.2.2. India Wound Dressing Market
10.2.3. Japan Wound Dressing Market
10.2.4. Australia and New Zealand Wound Dressing Market
10.2.5. South Korea Wound Dressing Market
10.2.6. ASEAN Wound Dressing Market
10.2.7. Rest of Asia Pacific Wound Dressing Market
10.3. Asia Pacific Wound Dressing Market, By Product Type
10.3.1. Advanced Wound Dressings
10.3.1.1. Foam Dressings
10.3.1.2. Hydrocolloids
10.3.1.3. Hydrofiber
10.3.1.4. Film Dressings
10.3.1.5. Alginates
10.3.1.6. Collagen Dressings
10.3.1.7. Hydrogels Dressings
10.3.1.8. Wound Contact Layers
10.3.1.9. Superabsorbent Dressings
10.3.2. Traditional Wound Dressings
10.3.2.1. Surgical Tapes
10.3.2.2. Anti-Infective Dressings
10.3.2.3. Dry Dressings
10.4. Asia Pacific Wound Dressing Market, By Application
10.4.1. Surgical Wounds
10.4.2. Trauma Wounds
10.4.3. Burns
10.4.4. Diabetic Foot Ulcers
10.4.5. Pressure Ulcers
10.4.6. Venous Ulcers
10.5. Asia Pacific Wound Dressing Market, By End User
10.5.1. Inpatient Facilities
10.5.2. Outpatient Facilities
10.6. Asia Pacific Wound Dressing Market Attractiveness Index
10.6.1. By Country
10.6.2. By Product Type
10.6.3. By Application
10.6.4. By End User
11. Middle East Wound Dressing Market Analysis and Forecast, 2020–2028
11.1. Introduction
11.1.1. Annual Growth Rate Comparison, By Country
11.1.2. BPS Analysis, By Country
11.2. Market (US$Mn) Forecast, By Country
11.2.1. GCC Countries Wound Dressing Market
11.2.2. Israel Wound Dressing Market
11.2.3. Oman Wound Dressing Market
11.2.4. Rest of Middle East Wound Dressing Market
11.3. Middle East Wound Dressing Market, By Product Type
11.3.1. Advanced Wound Dressings
11.3.1.1. Foam Dressings
11.3.1.2. Hydrocolloids
11.3.1.3. Hydrofiber
11.3.1.4. Film Dressings
11.3.1.5. Alginates
11.3.1.6. Collagen Dressings
11.3.1.7. Hydrogels Dressings
11.3.1.8. Wound Contact Layers
11.3.1.9. Superabsorbent Dressings
11.3.2. Traditional Wound Dressings
11.3.2.1. Surgical Tapes
11.3.2.2. Anti-Infective Dressings
11.3.2.3. Dry Dressings
11.4. Middle East Wound Dressing Market, By Application
11.4.1. Surgical Wounds
11.4.2. Trauma Wounds
11.4.3. Burns
11.4.4. Diabetic Foot Ulcers
11.4.5. Pressure Ulcers
11.4.6. Venous Ulcers
11.5. Middle East Wound Dressing Market, By End User
11.5.1. Inpatient Facilities
11.5.2. Outpatient Facilities
11.6. Middle East Wound Dressing Market Attractiveness Index
11.6.1. By Country
11.6.2. By Product Type
11.6.3. By Application
11.6.4. By End User
12. Africa Wound Dressing Market Analysis and Forecast, 2020–2028
12.1. Introduction
12.1.1. Annual Growth Rate Comparison, By Country
12.1.2. BPS Analysis, By Country
12.2. Market (US$Mn) Forecast, By Country
12.2.1. South Africa Wound Dressing Market
12.2.2. Egypt Wound Dressing Market
12.2.3. North Africa Wound Dressing Market
12.2.4. Rest of Africa Wound Dressing Market
12.3. Africa Wound Dressing Market, By Product Type
12.3.1. Advanced Wound Dressing
12.3.1.1. Foam Dressings
12.3.1.2. Hydrocolloids
12.3.1.3. Hydrofiber
12.3.1.4. Film Dressings
12.3.1.5. Alginates
12.3.1.6. Collagen Dressings
12.3.1.7. Hydrogels Dressings
12.3.1.8. Wound Contact Layers
12.3.1.9. Superabsorbent Dressings
12.3.2. Traditional Wound Dressings
12.3.2.1. Surgical Tapes
12.3.2.2. Anti-Infective Dressings
12.3.2.3. Dry Dressings
12.4. Africa Wound Dressing Market, By Application
12.4.1. Surgical Wounds
12.4.2. Trauma Wounds
12.4.3. Burns
12.4.4. Diabetic Foot Ulcers
12.4.5. Pressure Ulcers
12.4.6. Venous Ulcers
12.5. Africa Wound Dressing Market, By End User
12.5.1. Inpatient Facilities
12.5.2. Outpatient Facilities
12.6. Africa Wound Dressing Market Attractiveness Index
12.6.1. By Country
12.6.2. By Product Type
12.6.3. By Application
12.6.4. By End User
13. Recommendation
13.1. Market Strategy
14. Competitive Landscape
14.1. Competition Dashboard
14.2. List and Company Overview of Global Key Players
14.3. Company Profiles
14.3.1. Smith & Nephew plc
14.3.1.1. Company Overview
14.3.1.2. Financial Overview
14.3.1.3. Product Type Portfolio
14.3.1.4. Key Developments
14.3.1.5. Business Strategies
14.3.2. Acelity L.P. Inc.
14.3.3. Integra Lifesciences Corporation
14.3.4. Coloplast Corporation
14.3.5. 3M Company
14.3.6. Organogenesis Inc.
14.3.7. ConvaTec Inc.
14.3.8. Hollister Wound Care
14.3.9. Mölnlycke Health Care AB
14.3.10. BSN Medical
15. Acronyms
Frequently Asked Questions
What is the projected market size & Compound Annual Growth Rate (CAGR) of the market?
The global wound dressing market in 2020 is estimated for more than US$ 7.0 Bn and expected to reach a value of US$ 14.5 Bn by 2028 with a significant CAGR of 9.6%.
What are the key factors driving the growth of market?
The constantly surging incidence of diseases such as diabetic ulcers, pressure ulcers, and venous stasis ulcers among the population and increasing geriatric population are the key factors driving the growth of market
What segments are covered in market report?
The wound dressing market is segmented on the basis of product type, application, end user, and region.
What are the key participating players in the market?
Some of the key participating players in wound dressing market are Smith & Nephew plc, Acelity L.P., Integra Lifesciences Corporation, Coloplast Corporation, 3M Company, Organogenesis Inc., ConvaTec Inc., Hollister Wound Care, Mölnlycke Health Care AB, and BSN Medical
