Oral Hydrogel Wound Dressing Market Size

Oral Hydrogel Wound Dressing Market size was valued at USD 758.8 Million in 2023 and is likely to cross USD 2.16 Billion by the end of 2036, expanding at more than 8.4% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of oral hydrogel wound dressing is assessed at USD 822.54 Million.  As chronic and acute wounds are major healthcare concerns, the growth of the market is attributed to the growing number of chronic wound cases and rising demand for effective wound care and infection control in primary healthcare settings. For instance, healthcare expenditures for chronic wounds in the U.S. alone amount to more than 26 billion dollars per year, affecting over 6 million people.

Amidst various advancements in the field of oral hydrogels wound dressings, they are now being used in a broad spectrum such as pain relief, wound contamination prevention, and boosting effective healing. As per an article published by National Center for Biotechnology Information, technological advancements have led to hydrogel dressings showing great potential for treating acute wounds (e.g., burns, hemorrhages, ruptured internal organs or aortas, and chronic wounds). A total of 24 types of polysaccharide-based wound dressings are registered with the FDA in the market for hydrogel wound dressings. With their inherent bioactivity and their variety of natural and polymeric types, oral hydrogels have huge potential as effective oral therapeutic systems, which in turn, is expected to create lucrative opportunities to increase the oral hydrogel wound dressing market size during the forecast period. Furthermore, numerous advantages offered by oral hydrogel wound dressing such as keeping the wound moist, warm, and protected, along with its ability to be applied with topical medications and high capability of treating all type of injuries is expected to result in high sales of oral hydrogel wound dressing in the assessment period. Also, the rising burden owing to increased cases of infections along with the massive investments by the government to develop novel oral hydrogel wound dressing products is anticipated to surge the growth of the global oral hydrogel wound dressing in the next few years.