Global Wound Dressings Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 – 2025

Published - Aug 2018 | Category - Pharma & Healthcare | No. of Pages - 102 | Published By - ARC

Introduction

Sterile compress or pads are used to protect wounds and promote healing. These products are referred as wound dressings or medical dressings. These products are in direct contact with the wounds. Wound dressings serve a purpose of absorbing exudates, easing pain, stem bleeding, infection protection, and debriding of a wound.

Commercially two types of products are available which includes, traditional and advanced. Advanced products include moist: foam, alginates, film, hydrocolloids, and hydrogels, antimicrobials: silver and non-silver, interactive: biomaterials and skin-substitute. 3M, ColoPlast, Medtronic Plc, ConvaTec, Medline Industries, and Systagenix are some of the leading players operating in the market.

Market Dynamics

Rising surgical procedures is primarily driving the growth of the market. In addition, constantly rising geriatric population is fueling the demand for advanced wound care products. Moreover, growth in chronic diseases such as diabetes and cancer which results in wound formation is spurring the market growth. Furthermore, efforts of reducing hospital stays adoption of advanced wound care products is rapidly increasing in developed countries.

On the other hand, limited reimbursement coverage of these products is challenging growth of the markets. In addition, high cost is hindering the adoption of advanced wound care products in emerging countries such as India, China and Brazil.


 

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