High and ever-prevailing incidence of trauma wounds, injuries, burns and chronic wounds such as diabetic foot ulcers creates a constant and steady demand for wound dressing. Furthermore, wound dressing is an integral part of post-surgery in order to minimize risk of hospital acquired infections (HAIs). Therefore, with increasing surgical procedures, demand for wound dressings is expected to increase consequently during the forecast period (2016-2024). With technological advancements, wound dressings made of various materials such as alginates, collagens, hydrocolloids, hydrofibers, and hydrogels have been commercialized in the wound dressings market. Depending on the condition or wound type, an appropriate wound dressing is selected. Market players such as 3M Company, Coloplast Corp., and Derma Sciences, Inc. are constantly focusing on extensive R&D activities in order to offer cost-effective wound dressing products to further enhance their market presence.
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Increasing patient pool is expected to drive growth of the global wound dressings market
According to the American Diabetes Association (ADA), around 1% to 4% of the diabetic population in the U.S are estimated to be affected by diabetic foot ulcers annually. Moreover, according to Diabetes UK, prevalence of diabetic foot ulcers in diabetic patients is estimated to be 2.5%, which accounts for around 86,000 people in the U.K. in 2015. Moreover, according to the organization, around 7,400 leg, foot or toe amputation procedures are conducted every year in England. As per the estimation by The American Journal of Internal Medicine, around half of the diabetic population in Canada have at least one hospitalization in their lifespan for the treatment of diabetic foot infection.
Detailed Segmentation:
• Global Wound Dressing Market, By Product Type:
◦ Traditional
◦ Advanced
▪ Alginates
▪ Collagens
▪ Films
▪ Foams
▪ Hydrocolloids
▪ Hydrogels
▪ Wound Contact Layers
• Global Wound Dressing Market, By Property:
◦ Anti-microbial
◦ Non Anti-microbial
• Global Wound Dressing Market, By Application:
◦ Surgery
◦ Trauma
◦ Burns
◦ Chronic Wounds
◦ Others
• Global Wound Dressing Market, By End-user:
◦ Hospitals
◦ Clinics
◦ Ambulatory Surgical Centers
◦ Others
Key Players: 3M Company, Coloplast A/S, Derma Sciences, Inc., Smith & Nephew plc, Medtronic, Mölnlycke Healthcare, Medline Industries, Inc., Organogenesis Inc., Alliqua BioMedical, Inc., Integra LifeSciences Corporation, and MiMedx Group, Inc.
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