Press release
The forecast period from 2021-2031 to witness a dynamic swaying of Biodegradable Dressings Market at a CAGR of 3.8%
As per Persistence Market Research's latest industry analysis, the global biodegradable dressings market is expected to witness high growth from US$ 190.7 Mn in 2020 to around US$ 285.8 Mn by 2031. This reflects a CAGR of around 3.8% over the forecast period (2021-2031).
Biodegradable dressings are promising solutions that have been shown to enhance mucosal healing, hemostasis, and comfort, while also reducing the risk of microbial infection. Demand for biodegradable dressings will be driven by an increase in surgeries, rise in chronic illnesses, and an increase in the geriatric population.
Get Free Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/32935
New product launches and approvals have emerged as a key growth strategy adopted by leading players in the market. Acquisitions is the second-most key strategy adopted by market players. Adopting these strategies has helped companies expand their regional presence as well as product offerings.
On July 7, 2021, Baxter International Inc. announced that its Baxter Healthcare Corporation subsidiary had completed the acquisition of certain assets related to PerClot Polysaccharide Hemostatic System from CryoLife, Inc., for up to US$ 60.8 Mn, including US$ 25 million paid up-front.
Hangzhou SingClean Medical Product Co. Ltd. increased its workforce of over 400 people in 2021 by expanding its operations in the fields of in-vitro diagnostic test kits and natural cosmetics.
Such developments not only strengthens the existing portfolios of companies but also help increase their presence at regional as well as global levels.
Company Profiles:
Aegis Lifesciences Pvt. Ltd.
Medtronic
That Mediproducts Pvt. Ltd.
Stryker
Huizhou Foryou Medical Devices Co, Ltd
BenQ Materials Corp
EON Meditech Pvt. Ltd
Axio Biosolutions Pvt. Ltd.
Divine Medicure Technology
Cenefom Corp.
Smith - Nephew
Baxter.
Reliance Life Sciences
Hangzhou Singclean Medical Product Co. Ltd
Request for Methodology@ https://www.persistencemarketresearch.com/methodology/32935
Key Takeaways from Market Study
By product, polyvinyl alcohol (PVA) foam holds the highest market share of 36.4% in 2021.
In terms of end user, hospitals account for 53.9% market share, due to increasing number of surgeries and advanced treatment options available.
By region, North America held the largest share of 36.5% in 2021 due to high spending on research & development activities, growing incidence of chronic diseases, and rising number of surgeries. Additionally, presence of prominent players is aiding market growth in North America.
"Increasing prevalence of postoperative complications and high spending on research & development in the pharmaceutical sector are expected to drive demand for biodegradable dressings," says an analyst of Persistence Market Research.
Access Full Report@ https://www.persistencemarketresearch.com/checkout/32935
Market Competition
Some of the leading manufacturers of biodegradable dressings are focusing on product approvals, acquisitions, mergers, collaborations, and partnerships for global expansion.
In April 2021, Foryou Medical received 510(k) clearance for its Suntouch PVA nasal dressing - No.K201013. This has bolstered the company's product line of antibacterial dressings.
On January 4, 2021, Axio Biosolutions became the largest producer of chitosan medical sponges used for wound management.
BenQ acquired Sigma Medical Supplies in 2018 to expand into the medical market. Sigma Medical Supplies offers sterilization-related supplies and accessories.
In December 2017, Stryker acquired Entellus Medical Inc. for approximately US$ 662 million in an all-cash transaction for US$ 24/share. Entellus was a leader in ENT products and facilitated doctors and healthcare professionals to efficiently perform ENT procedures.
Key market players covered by Persistence Market Research in the study include Aegis Lifesciences Pvt. Ltd., Medtronic, Datt Mediproducts Pvt. Ltd., Stryker, Huizhou Foryou Medical Devices Co, Ltd, BenQ Materials Corp, EON Meditech Pvt. Ltd, Axio Biosolutions Pvt. Ltd., Divine Medicure Technology, Cenefom Corp, Smith- Nephew, Baxter, Reliance Life Sciences, and Hangzhou Singclean Medical Product Co. Ltd.
Complete Report Details@ https://www.persistencemarketresearch.com/market-research/biodegradable-dressings-market.asp
What Does the Report Cover?
Persistence Market Research offers a unique perspective and actionable insights on the biodegradable dressings market in its latest study, presenting historical demand assessment of 2016-2020 and projections for 2021-2031.
The research study is based on product (polyvinyl alcohol (PVA) foam, hyaluronic acid, carboxymethyl cellulose, fibrin glue, microporous polysaccharide hemisphere, chitosan), end user (hospitals, clinics, ambulatory surgical centres), and seven major regions of the world.
Related Reports:
Npwt Devices And Dressings Market - https://www.persistencemarketresearch.com/market-research/npwt-devices-and-dressings-market.asp
Alginate Dressings Market - https://www.persistencemarketresearch.com/market-research/alginate-dressings-market.asp
Contact Us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Website - https://www.persistencemarketresearch.com
About Us:
Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers' experience by acting as the "missing" link between "customer relationships" and "business outcomes'. The best possible returns are assured therein.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release The forecast period from 2021-2031 to witness a dynamic swaying of Biodegradable Dressings Market at a CAGR of 3.8% here
News-ID: 2625595 • Views: …
More Releases from Persistence Market Research
Europe Calf Milk Replacer Market to Reach US$1,657.2 Mn by 2032 | Driven by Risi …
The Europe calf milk replacer market is poised for significant growth over the coming years. The market size is projected to reach US$1,018.6 million in 2025 and is anticipated to expand to US$1,657.2 million by 2032, registering a robust compound annual growth rate (CAGR) of 7.2% during the forecast period from 2025 to 2032. The growth trajectory is driven by the increasing awareness among dairy farmers regarding the nutritional requirements…
Croscarmellose Sodium Market to Reach $487 Mn by 2032, Driven by Rising Pharma D …
The global croscarmellose sodium market is projected to witness significant expansion over the forecast period, reflecting the growing adoption of pharmaceutical excipients across diverse applications. Valued at approximately US$ 288.7 million in 2025, the market is expected to reach US$ 487.0 million by 2032, registering a compound annual growth rate (CAGR) of 7.8% from 2025 to 2032. This growth trajectory is driven primarily by increasing demand for orally disintegrating tablets…
Europe Egg Replacement Ingredients Market to Reach $1,711.1 Mn by 2032, Driven b …
The Europe egg replacement ingredients market is witnessing significant expansion, driven by the increasing adoption of plant-based diets and rising consumer awareness regarding health and wellness. The market size is projected to reach US$ 952.2 million in 2025 and is expected to surge to US$ 1,711.1 million by 2032, registering a robust CAGR of 8.7% over the forecast period from 2025 to 2032. The growing demand for clean-label products, vegan…
Kraft Paper Market to Reach US$ 25.0 Billion by 2032: Growth Driven by Rising De …
The global Kraft Paper market is undergoing significant expansion, driven by the accelerating shift toward eco-friendly packaging materials and the rising global awareness surrounding sustainability. As industries worldwide transition from plastic-based packaging to biodegradable alternatives, kraft paper has emerged as one of the most sought-after materials due to its strength, recyclability, and versatility.
According to the latest study by Persistence Market Research, the global Kraft Paper market size is projected to…
More Releases for Medical
ECG Analysis System Market Research Report 2022 - GE Medical, Medical Econet, Gr …
A recent market research report added to repository of MR Accuracy Reports is an in-depth analysis of global ECG Analysis System. On the basis of historic growth analysis and current scenario of ECG Analysis System place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent…
ECG Analysis System Market Outlook: 2020 The Year On A Positive Note | GE Medica …
DataIntelo report titled Global ECG Analysis System Market provides detailed information and overview about the key influential factors required to make well informed business decision. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of…
Medical Tracheostomy Tube Market Overall Study Report 2020-2027 | Players Medtro …
The latest report added by Stratagem Market Insights gives deep insights into the drivers and restraints in the Worldwide Medical Tracheostomy Tube Market. The research report "Global Medical Tracheostomy Tube Market Size and Growth Forecast to 2027" provide a comprehensive take on the overall market. Analysts have carefully evaluated the milestones achieved by the global Medical Tracheostomy Tube market and the current trends that are likely to shape its future.…
Global Embolization Particle Market 2019 - Sirtex Medical, Merit Medical, Cook M …
The global "Embolization Particle Market" report delivers a comprehensive and systematic framework of the Embolization Particle market at a global level that includes all the key aspects related to it. The data is collected from different sources allied to the global Embolization Particle market and the research team meticulously analyze the gathered data with the help of various analytical tools and present their opinion based on analysis and calculations. The…
Medical Casting & Splinting Market 2019: Top Key players are 3M, DJO Global, BSN …
Medical Casting & Splinting Market 2019 Report analyses the industry status, size, share, trends, growth opportunity, competition landscape and forecast to 2025. This report also provides data on patterns, improvements, target business sectors, limits and advancements. Furthermore, this research report categorizes the market by companies, region, type and end-use industry.
Get Sample Copy of this Report@ https://www.researchreportsworld.com/enquiry/request-sample/13718924
Global Medical Casting & Splinting market 2019 research provides a basic overview of…
Global Oxygen Pressure Regulator Market 2017 : Precision Medical, Smiths Medical …
Oxygen Pressure Regulator
A market study based on the " Oxygen Pressure Regulator Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Oxygen Pressure Regulator Market 2017’. The research report analyses the historical as well as present performance of the worldwide Oxygen Pressure Regulator industry, and makes predictions on the future status of Oxygen Pressure Regulator market on the basis of this analysis.
Get Free…
