Advanced Wound Dressing Market Analysis

Product {Dressings (Foam, Hydrocolloid, Film, Alginate), Matrices, Negative Pressure Wound Therapy (NPWT), Debridement Devices, Grafts, Topical Agents}

The global advanced wound dressing market is segmented and analyzed for demand and supply by product into dressings, matrices, negative pressure wound therapy [NPWT], debridement devices, grafts, and topical agents. Out of these, the dressings segment is anticipated to hold the largest market size by the end of 2037 on the back of the growing incidence of healthcare-associated infections, rising surgical wounds, and increasing traumatic cases. Trauma is a leading cause of death among people above the age of 45 years and it is estimated that nearly 1,48,000 homicides and suicides occur every year in the U.S. Moreover, the increasing patient awareness along with the rise in spending capacity is expected to increase the adoption rate of dressings for rapid healing and protecting the wound internally and externally. 

End-user (Hospital, Homecare)

The global advanced wound dressing market is also segmented and analyzed for demand and supply by end-user in hospital, and home care. Out of these three segments, the hospital segment is attributed to garner the highest market share by the end of the forecast period. The frequent hospital visits by the large patient pool suffering from chronic diseases and traumatic injuries for treatment are expected to fuel the segment’s growth.  Also, the easy availability of advanced wound dressings in hospital settings makes it easier for individuals to adopt them. In addition, the rising surgical procedures occurring in hospitals are also expected to surge the utilization rate of advanced wound dressing for treating surgical site infection wounds.

Our in-depth analysis of the global market includes the following segments: