Oral Hydrogel Wound Dressing Market Analysis

End-user (Hospitals, Ambulatory Surgical Centers, Specialty Clinics) 

The global oral hydrogel wound dressing market is segmented and analyzed for demand and supply by end-user in hospitals, ambulatory surgical centers, specialty clinics, and others. Out of these, the hospitals segment is anticipated to garner the largest revenue by the end of 2036, owing to the rising numbers of patient visits who are suffering from chronic and acute wounds. Moreover, hospitals have ample reimbursement policies which are further anticipated to boost the patients’ preference to visit a hospital for acute wound treatment. For instance, a report published in 2018 estimated that nearly 8 million people which is equivalent to approximately 15% of Medicare beneficiaries across the globe had chronic non-healing wounds, resulting in a cost to Medicare conservatively of USD 28 billion to USD 32 billion annually. In addition to infections, surgical wounds were the most expensive chronic wounds in the world with a cost of USD 10 billion to about USD 13 billion. Further, the rising importance to build a strong infrastructure for hospitals is also anticipated to boost segment growth in the next few years.

The global oral hydrogel wound dressing market is also segmented and analyzed for demand and supply by material into natural, synthetic, and semi-synthetic. Out of these, the synthetic segment accounted for the highest share owing to the various advantages offered by synthetic oral hydrogel wound dressing. Furthermore, the availability of synthetic oral hydrogel wound dressing in a wide range of raw materials such as polyethylene glycol, polyacrylic acid, and others which are extremely beneficial topical wound agents in building up an accurate wound healing environment makes them highly preferable in medical procedures which ultimately leads to sales growth. On the other hand, the natural segment is also attributed to growing faster with a steady CAGR owing to the rising preference for natural and eco-friendly products. Also, the rising concern to save the environment and the lesser availability of side effects are expected to fuel a significant revenue generation of the segment during the assessment period.

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