Global Advanced Wound Dressing Market Expected To Grow At About 4.2% CAGR During 2020–2026

As per the researchers at Zion Market Research, the global advanced wound dressing market was capitalized at around USD 6.26 billion in 2019 and is projected to expand at about 4.2% CAGR during the forecast period from 2020 to 2026. Few of the preeminent players active in the global advanced wound dressing market comprise Mölnlycke Health Care, Smith & Nephew, Covidien, Paul Hartmann, B. Braun Melsungen, ConvaTec, 3M Health Care, BSN medical, Derma Sciences, Systagenix Wound Management, Laboratoires Urgo, Coloplast, Kinetic Concepts, Inc., Johnson & Johnson, and Others. These top firms have implemented approaches, like M&As, new product development, and partnership, to reinforce their grip in the market. To cite, an FDA approval was received by ConvaTec Group PLC in May 2017 for Flexi-Seal PROTECT Fecal Management System that assisted the firm to enhance its geographical extent and product range.

Rising Incidence Of Chronic Diseases Likely To Boost The Growth Of Global Market

The growth of the global advanced wound dressing market can be attributed to factors such as the increasing geriatric population, alertness about the use of advanced wound care products, incidence of chronic diseases, and occurrence of sports injuries. Further, the rising incidence of diabetes is also projected to fuel the need for advanced wound dressing products as extended diabetes results in diabetic foot ulcers. Also, rising events of trauma, like burns, and road accidents are anticipated to drive the market expansion. To cite, the more than 1,000,000 people are recorded by the WHO to be registered, yearly, as severely or moderately burnt.

Hydrocolloid Product Segment, Based On Product, Anticipated To Witness Highest Growth

Based on product, the hydrocolloid segment of the market is anticipated to display the highest growth rate during the forecast period. Hydrocolloid dressings are composed of gel-forming agents like gelatin and CMC (carboxy methylcellulose). These substances are occlusive in nature that assists in the retention of moisture. These dressings enable quick curing and are resistant to any sort of bacterial infection. Thereby, it assists in guarding the wound externally and internally. The increasing incidences of diabetes worldwide are projected to drive the segmental expansion in the years to come.

North America Projected To Dominate The Global Market During The Forecast Period

In 2018, the global advanced wound dressing market was governed by North America and is projected to continue the trend during the forecast period as well. This regional expansion can be credited to the rising sports injuries, road accidents, and the existence of numerous key players in this region. further, the existence of sufficient skilled experts and highly sophisticated healthcare infrastructure are also anticipated to fuel the expansion of the advanced wound dressing market. Moreover, Asia Pacific is projected to display a considerable growth rate owing to the existence of developing countries like Japan, India, and China.

Browse the full “Global Advanced Wound Dressing Market - By Application (Acute Wounds And Chronic Wounds), By End-Use (Home Healthcare, Specialty Clinics, Hospitals, And Others), By Product (Foam, Film, Hydrogel, Hydrocolloid, Alginate, Collagen, And Others), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026.” Report at https://www.zionmarketresearch.com/report/advance-wound-dressing-market

The global advanced materials market is segmented as follows:

By Product

• Foam
• Hydrocolloid
• Film
• Alginate
• Hydrogel
• Collagen
• Others

By End-Use

• Hospitals
• Specialty Clinics
• Home Healthcare
• Others

By Application

• Chronic Wounds
  • Diabetic Foot Ulcers
  • Pressure Ulcers
  • Venous Leg Ulcers
  • Others
• Acute Wounds
  • Surgical & Traumatic Wounds
  • Burns

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

About Us:

Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:

Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com