US wound dressing market is estimated to grow at a CAGR of around 5% during the forecast period. The favctors contributing to the market growth include investments in R&D, high per capita healthcare expenditure, increasing ageing population which increases the possibility of pressure ulcer (PU) in the country, and surging the demand of smart bandages. Elderly people are more likely to acquire PU medical complication. Therefore, owing to the increasing pool of ageing population in the country, there is a high prevalence of PU. PU worsens the quality of life and prolongs hospitalization, thereby is a burden on the medical services.
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Sports injuries are also considered as the significant factor augmenting the wound dressing market in the US. People in the US are much inclined towards various sports. According to Stanford Children’s Health Organization, a total of approximately 30 million children and teen participates in any form of organized sports and among these, approximately 3.5 million injuries are reported each year. As with the increasing healthcare issues among young population of the US, a shift towards sports has been observed in the recent years. Therefore, with the shift, number of injuries are estimated to increase during the forecast period, thus, will increase the number of opportunities for the wound dressing market in the country.
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The US wound dressing market is segmented on the basis of product and application. On the basis of product, the wound dressing market is categorized into two types including advanced wound dressing and traditional wound dressing. Advanced wound dressing held the highest share in 2018. Further, on the basis of application, the market is segmented into surgical wounds, traumatic wounds, ulcers, and burn.
The key players in the US wound dressing market include 3M Co, AMD Medicom Inc., Andover Healthcare Inc., ASO Inc., Cardinal Health, Inc., and others. These market players have a strong product portfolio which contributes to their business growth. Major strategies adopted by these market players include merger & acquisition, product launch, and geographical expansion. These market players are significantly contributing to the global Wound Dressing market.
The Report Covers
• Comprehensive research methodology of the US wound dressing market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the US wound dressing market.
• Insights about market determinants which are stimulating the US wound dressing market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.
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US Wound Dressing Market Segmentation
• Advanced Wound Dressing
• Alginates Dressing
• Collagen Dressing
• Hydrocolloids Dressing
• Hydrogels Dressing
• Other Dressings
Traditional Wound Dressing
• Surgical Wound
• Traumatic Wound
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