Global Moist Wound Dressings Market, By Product (Foams, Hydrocolloids, Semi-Permeable Films, Hydrogels, Alginates, Hydrofibres, Collagens) Application (Pressure Ulcers, Diabetic Ulcers, Burn Wounds, Surgical Wounds, Traumatic Wounds, Others), End-user (Hospitals, Homecare, Others ) – Industry Trends and Forecast to 2030.
Moist Wound Dressings Market Analysis and Size
A study conducted by the Wound Healing Society (WHS), the United States, revealed that, about 8.2 million people had wounds with or without infection during 2018 in the United States. Medicare's overall cost for acute and chronic wounds was estimated to be between USD 21.1 and USD 96.8 billion. Over the forecast period of 2023 to 2030, increased wound instances are likely to boost the growth of the wound dressing market. A moist wound dressing creates a wet environment that aids wound healing. This moist wound environment keeps tissue hydrated, reduces discomfort, and speeds up the decomposition of dead tissue. Since the previous decade, advances in improved wound care dressings have shifted the health-care paradigm. In the treatment of wounds, moist wound dressings are the most commonly utilized dressings. The growing desire for moist wound dressings can be related to aspects such as maintaining optimal moisture levels for cell growth and proliferation and expansion during wound healing phases.
Data Bridge Market Research analyzes that the global moist wound dressings market which was USD 4,577.15 million in 2022, is likely to reach USD 27,168.47 million by 2030, and is expected to undergo a CAGR of 5.8% during the forecast period. “Hospitals” dominates the end user segment of the market due to the growing demand for better diagnosis and treatment methods. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product (Foams, Hydrocolloids, Semi-Permeable Films, Hydrogels, Alginates, Hydrofibres, Collagens) Application (Pressure Ulcers, Diabetic Ulcers, Burn Wounds, Surgical Wounds, Traumatic Wounds, Others), End-user (Hospitals, Homecare, Others)
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Countries Covered
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U.S., Canada and Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America
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Market Players Covered
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3M (U.S.), Coloplast Corp (Denmark), Medline Industries, Inc. (U.S.), Cardinal Health (U.S.), B. Braun Melsungen AG (Germany), Smith + Nephew (U.K.), ConvaTec Group PLC (U.K.), Integra LifeSciences (U.S.), Scapa Group Ltd. (U.K.), Advanced Medical Solutions plc. (U.K.), Essity Medical Solutions (Germany), Hollister Incorporated (U.S.), Urgo (France), Lohmannand Rauscher (Germany), Molnlycke Health Care AB (Sweden), PAUL HARTMANN AG (Germany)
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Market Opportunities
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Market Definition
In the treatment of wounds, moist wound dressings are the most commonly utilised dressings. The growing desire for moist wound dressings can be related to aspects such as maintaining optimal moisture levels for cell growth and proliferation and expansion during wound healing phases. When compared to standard dressings, moist wound dressings provide benefits such as proper exudate control, less pain and scarring, and faster wound healing.
Global Moist Wound Dressings Market Dynamics
Drivers
- Launch of novel therapies
The introduction of innovative therapies such as electromagnetic therapy, electrical stimulation, nanotechnology, and the use of silver and other combination dressings is fueling market expansion. These developments result in improved wound care and, as a result, increased product acceptance. The capacity of these dressings to manage moisture at the wound site, which aids in tissue regeneration and reduces infection and pain, is a significant improvement in the market. Advanced products make wound protection, gas exchange, antibacterial protection, thermal insulation, exudate absorption, and other functions easier, resulting in increased market growth.
- Growing prevalence of diabetes
The market is expected to rise due to rising diabetes incidence, increased awareness of treatment compliance in wound management, and increased investments in long-term care centres and skilled nursing facilities.
- Ongoing research and development (R&D) in the healthcare
In the healthcare area, research and development (R&D) is leading to the development of new products. Consider the introduction of keratin-based wound care solutions, these products not only help with wound re-epithelialization, but they also help with wound healing since the keratin matrix in them absorbs into the wound, eliminating the need to replace the dressing. In addition, the industry is being boosted by the development of novel therapies such as electromagnetic therapy, electrical stimulation, nanotechnology, and the use of silver and other combination dressings.
- Increasing cases of acute and chronic wounds
One of the factors driving the growth of the moist wound dressing market is the rise in chronic wound situations in emerging countries. According to the American Burn Association, around 450,000 patients are hospitalized each year as a result of burns, and their risk of infection is increased. As a result, the market for moist wound dressings is growing at a faster rate.
Opportunity
- Rising demographics and economies
The market for moist wound dressings in Asia is predicted to rise due to rising demographics and economies in developing countries such as China, Japan, and India. Furthermore, new breakthroughs in wound care products and technologies, increased technology adoption, and increased patient awareness of infections are projected to create new opportunities for the worldwide moist wound dressings market.
Restraint/Challenge
- Lack of medical professionals
However, medical professionals' resistance to changing treatment regimens with advanced products, the lack of a system that alerts them to the possibility of an ulcer, and alternatives to moist wound dressings such as negative pressure wound therapy and antimicrobials are some of the factors limiting the market's growth.
This moist wound dressings market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the moist wound dressings market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Moist Wound Dressings Market Scope
The moist wound dressings market is segmented on the basis of product, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Foam
- Alginate
- Films
- Hydrocolloid
- Collagens
- Semi-Permeable Films
Application
- Pressure Ulcers
- Diabetic Ulcers
- Burn Wounds
- Surgical Wounds
- Traumatic Wounds
- Others
End-user
- Hospitals
- Homecare
- Others
Global Moist Wound Dressings Market Regional Analysis/Insights
The moist wound dressings market is analyzed and market size insights and trends are provided by country, product, application and end user as referenced above.
The countries covered in the moist wound dressings market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and rest of South America as part of South America.
North America is expected to dominate the overall moist wound dressings market throughout the forecast period 2023 to 2030. The dominance is due to the rise in the occurrence of burns, diabetes, surgeries resultant rising cases of Surgical Site Infection (SSI) in the United States necessitating effective management of these wounds.
Asia-Pacific is expected to show high growth rate in the moist wound dressings market in next few years due to large population base and developing healthcare sector in this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed base and New Technology Penetration
The moist wound dressings market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for moist wound dressings market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the moist wound dressings market. The data is available for historic period 2010-2020.
Competitive Landscape and Global Moist Wound Dressings Market Share Analysis
The moist wound dressings market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to moist wound dressings market.
Some of the major players operating in the moist wound dressings market are:
- 3M (U.S.)
- Coloplast Corp (Denmark)
- Medline Industries, Inc. (U.S.)
- Cardinal Health (U.S.)
- B. Braun Melsungen AG (Germany)
- Smith + Nephew (U.K.)
- ConvaTec Group PLC(U.K.)
- Integra LifeSciences (U.S.)
- Scapa Group Ltd. (U.K.)
- Advanced Medical Solutions plc. (U.K.)
- Essity Medical Solutions (Germany)
- Hollister Incorporated (U.S.)
- Urgo (France)
- Lohmannand Rauscher (Germany)
- Molnlycke Health Care AB (Sweden)
- PAUL HARTMANN AG (Germany)
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