Global Advanced Wound Care Dressings Market is expected to reach USD 13,957.4 million by 2024 from USD 8,003.5 million in 2016, at a CAGR of 7.3%. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Segmentation:
· By Product Type(Foam Dressings, Hydrogels, Film Dressings, Alginates, Wound Contact Layer, Super Absorbent Dressing),
· By Wound Type (Surgical Wound, Diabetic Ulcers, Burns Pressure Ulcers, Venous Ulcers, Others),
· By End-User (Hospitals, Wound Care Centers, Ambulatory Centers, Home Healthcare, Clinics, Community Healthcare),
· By Distribution Channel (Direct Tenders, Retail)
· By Geography (North America, Europe, Apac, South America, Middle East And Africa)
Drivers:
The major factors driving the growth of this market are The major factors driving the growth of this market is rise in the ageing population and technological advancement in advanced wound care dressings products, increased number of surgical procedures, government support for promoting advanced wound care products, rising incidence of diabetes are some of the other factors which boost the market growth.
RISING AGING AND GERIATRIC POPULATION
· Ageing population and chronic diseases such as diabetes, peripheral vascular disease is becoming common. Skin breakdown with ulcer and chronic wound formation is a frequent consequence of these diseases. Advanced wound care dressings products have been developed for treating wound due to the various types of ulcers such as pressure ulcers, vascular ulcers, and neuropathic ulcers. The dressing products include films, hydro gel dressings, foams, hydro fibers, and composite and alginate dressings.
TECHNOLOGICAL ADVANCEMENT IN ADVANCED WOUND CARE DRESSINGS PRODUCTS
· The key players are emphasizing developing innovative wound care dressings products with high properties of absorption, hydration and antibacterial activity. The new developments have lead to a shift from simple dressings to more advanced devices and products.
· In 2012, Smith & Nephew launched Allevyn Life, which is a new wound care product. The device aids in dressing retention and to hold the dressing in place.
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INCREASED NUMBER OF SURGICAL PROCEDURES
· The use of dressings impregnated with antimicrobial agents has been studied in the context of surgical wounds where heavy microbial contamination has resulted in delayed wound healing and/or infection. Studies have illustrated the efficacy of these dressings in reducing both preexisting microbial burden within the wound site, as well as preventing bacterial penetration through the dressings.
· According to National Center for Health Statistics, in 2009, in U.S., 48 million surgical inpatient procedures were performed such cardiovascular system surgeries (7.3 million), musculoskeletal system surgeries (5.2 million).
Major Players:
Some of the Major Players Operating in this Market are:-
· Acelity L.P. Inc.,
· Smith and Nephew,
· Conva Tec Inc.,
· Molyncke Healthcare,
· Ethicon Inc,
· Integra Lifesciences Corporation among others.
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