Press release
What's driving the Gelling Fibres Market Growth? Prominent Players: DermaRite, Mölnlycke Health Care DACH, Cardinal Health, Smith & Nephew, Gentell Corp., ConvaTec and more
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Some of the major companies that are present in the Global Gelling Fibers Market are
• DermaRite
• Mölnlycke Health Care DACH
• Cardinal Health
• Smith & Nephew
• Gentell Corp.
• ConvaTec
• Crawford Healthcare GmbH
• Safe n' Simple and others.
Demand for Gelling Fibres to Rise Majorly from Hospitals
“Hospitals are likely to witness rising demand for gelling fiber dressings among other end users,” stated a lead analyst at Fortune Business Insights. “This is majorly ascribable to the increasing number of surgeries conducted every day across several multispecialty hospitals,” he added. Among materials, carboxymethyl cellulose or CMC is estimated to cover a major share in the global gelling fibers market. The rising use of CMC for developing gelling fibers is driving the growth of this segment. Fortune Business Insights predicts the demand for CMC to remain high in the upcoming years.
Government Support to Promote Growth in North America
From a geographical standpoint, North America is expected to account for majority of the share in the global gelling fibres market throughout the forecast period. The governments in the region are introducing favourable guidelines regarding post-operative care. In addition to this, awareness initiatives are conducted by governments about the use of gelling fibres especially for wound dressings. These factors are projected to register lucrative growth opportunities for the global market in the forecast years. Trailing North America, Europe is also estimated to grow considerably across several countries during the forecast period. Increasing number of strategic collaborations with key companies to enhance healthcare infrastructure is expected to drive the market in this region. Other regions such as Asia Pacific and the Middle East & Africa are also estimated to grow at a steady rate over the forecast years.
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Technological Advancements in Gelling Fibres to Bode Well for the Market
The global gelling fibres market is expected to grow from rising prevalence of lacerations, which results in irregular wounds. Furthermore, introduction of advanced gelling fibres such as biosorb gelling fibres is boosting the market’s growth. Gelling fibres for heat protection and flame are developed to help cure patient’s suffering from burn injuries. Besides this, the market is expected to gain from rising incidence of post-operative surgical injuries and other different types of wounds. The demand for different types of gelling fibres such as gelling cellulose fibres and gelling dietary fibres is likely to increase during the forecast years. Also, wounds regarding diabetic ulcers, cavity, trauma wounds, pressure ulcers, and skin grafting are expected to stimulate growth in the market by 2026. Also, gelling fibres have replaced traditional alginate fibres which in turn, is expected to register remarkable growth for the global gelling fibres market.
Business Strategies Adopted by Companies to Expand Their Product Portfolio
Several leading players are focussing on the adoption of new strategies in order toincrease their market share. Some of the leading players operating in the global market include Mölnlycke Health Care AB, Crawford Healthcare Limited, Smith & Nephew, DermaRite Industries, LLC., Safe n' Simple, Cardinal Health, ConvaTec Inc., and Gentell Corp.
Some of the strategies adopted by companies are mentioned below:
• FDA granted the marketing approval on a gelling fibre producr called SURECELL. This product was developed in May 2018 by Jiangsu Newvalue Medical Products Co., Ltd. for the treatment of wounds or injuries.
• Mölnlycke Health Care AB launched a new wound dressing product called Mepilex Border Flex in November 2018. The product was launched at the Symposium on Advanced Wound Care Fall.
• Acelity launched a gelling fibre called BIOSORB in July 2016. This product was developed with for advanced wound management in the U.S. and received a Conformité Européenne (CE) Mark in Europe.
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