Wound Dressings Market Size, Industry Share, Business Growth, CAGR 9.7%, Top Leading Companies Business Strategy, Revenue Forecast to 2025


Posted June 14, 2022 by Prachi001

The wound dressings market is projected to reach USD 11.2 billion by 2025 from USD 7.0 billion in 2020, at a CAGR of 9.7%.

 
This report aims to provide detailed insights into the global Wound Dressings Market. It provides valuable information on the type, procedure, application, and region in the market. Furthermore, the information for these segments, by region, is also presented in this report. Leading players in the market are profiled to study their product offerings and understand the strategies undertaken by them to be competitive in this market.

Expected Revenue Growth:

[184 Pages Report] The wound dressings market is projected to reach USD 11.2 billion by 2025 from USD 7.0 billion in 2020, at a CAGR of 9.7%. The growth of this market is majorly driven by the growing number of road accidents; increasing incidence of chronic, surgical, and traumatic wounds; high rate of cesarean sections in elderly women; rising incidence of burn injuries; and technological advancements in wound dressings.

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In 2019, the wound dressings market was dominated by advanced wound dressings.

The wound dressings market is divided into two categories: traditional wound dressings and advanced wound dressings. In 2019, the advanced wound dressings category held the greatest part of the market, owing to a growth in the frequency of diseases such as diabetic ulcers, venous ulcers, and pressure ulcers, as well as an increase in the number of surgical procedures, patient awareness, and burn injuries.

By end user, hospitals, ASCs, and clinics will see the most growth in the wound dressings market.

The wound dressings market is divided into three categories based on end users: hospitals, ASCs, and clinics; home care settings; and other end users. The hospitals, ASCs, and clinics segment accounted for the majority of the revenue.

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Key Market Players

Prominent players operating in the global wound dressings market include 3M (US), Smith & Nephew (UK), Cardinal Health (US), ConvaTec Group plc (UK), Coloplast A/S (Denmark), Mölnlycke Health Care AB (Sweden), Integra LifeSciences Holdings Corporation (US), B. Braun Melsungen AG (Germany), and Medline Industries, Inc. (US).

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Issued By marketsandmarkets.com
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Country India
Categories Health , Industry , Internet
Tags wound dressings , wound dressings market , wound dressings market growth
Last Updated June 14, 2022