Hydrocolloid Dressing Market 2020 - Know Hidden Opportunities by Trending Application/End-User : Players BSN Medical, Inc., Hartmann Group, UnitedHealth Group, Coloplast Group, Omeza, 3M, BD, ConvaTec, Covidien, Dynarex, Hollister, Kendall, McKesson

In this report, the "United States Hydrocolloid Dressing Market" is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2019 and 2025.

A hydrocolloid dressing consists of gel-forming agents. This wafer type of dressing can also be used with venous compression and to promote faster healing. There are several advantages of hydrocolloid dressing such as biodegradable, breathable, and adherence to the skin. The dressing also offers a moist environment that enables body enzymes to help heal. The dressing us impermeable to bacteria and other contamination. Such advantages are expected to boost growth of the U.S. hydrocolloid dressing market over the forecast period.

Increasing cases of injury or trauma to the body are expected to propel growth of the U.S. hydrocolloid dressing market. For instance, according to January 2018 factsheet, 20–30% of older people who fall suffer moderate to severe injuries such as bruises, hip fractures, or head trauma, in the U.S. Moreover, growing geriatric population susceptible to injury or trauma to the body is expected to offer lucrative growth opportunities for players in the market. For instance, according to the U.S. Census Bureau, geriatric population in the U.S. is expected to reach 77 million by 2035.

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Increasing awareness regarding effectiveness of hydrocolloid dressing and high adoption of hydrocolloid dressing is expected to drive the growth of the U.S. hydrocolloid dressing market. Moreover, increasing prevalence of pressure ulcers is also expected to propel growth of the U.S. hydrocolloid dressing market. For instance, according to The U.S. Agency for Healthcare Research and Quality (AHRQ), pressure ulcers account for US$ 10.2 billion healthcare costs in the U.S and are associated with over 45% of 63,619 Hospital-Acquired Conditions (HAC)-related deaths in the country and are the leading contributor to HAC-related deaths.

However, factors such as unfavorable reimbursement limits, increasing risk of infection among diabetic patient, and incompatibility for neuropathic ulcers are restricting growth of the U.S. hydrocolloid dressing market.

Key players in the market are focused on product development and launch to expand their product portfolio. For instance, in August 2019, United Health filed a patent application in covering methods of forming and using a hemostatic material and using a hemostatic hydrocolloid that is formed into a gel, foam or spray used to control bleeding and oozing from a variety of wounds.

Key Takeaways:

• Increasing cases of injury or trauma to the body is expected to augment growth of the U.S. hydrocolloid dressing market

• However, unfavorable reimbursement limits are expected to hinder growth of the market

• Major players operating in the U.S. hydrocolloid dressing market include BSN Medical, Inc., Hartmann Group, UnitedHealth Group, Coloplast Group, Omeza, 3M, BD, Cardinal Health, ConvaTec, Covidien, Dynarex, Hollister, Kendall, McKesson, MEDIHONEY, Medline, Molnlycke, ReliaMed, and Smith & Nephew

Geographically, this report splits the United States market into seven regions:
--The West
--Southwest
--The Middle Atlantic
--New England
--The South
--The Midwest
with sales (volume), revenue (value), market share and growth rate of Hydrocolloid Dressing in these regions, from 2014 to 2025 (forecast).

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United States Hydrocolloid Dressing market competition by top manufacturers/players, with Hydrocolloid Dressing sales volume, price, revenue (Million USD) and market share for each manufacturer/player; the top players including
* 3M
* BD
* Bsn Medical
* Cardinal Health
* Coloplast
* ConvaTec
* Covidien
* Dynarex
* HARTMANN
* Hollister
* Kendall
* McKesson
* MEDIHONEY
* Medline
* Molnlycke
* ReliaMed
* Smith & Nephew

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
--Bandage
--Tape

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Hydrocolloid Dressing for each application, including
--Hospital
--Clinic
--Home

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