Polymer Based Wound Dressings Market | Size, Share and Scope Analysis to 2031

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Polymer Based Wound Dressings Market Size, Share & Trends Analysis Report By Type (Films, Foams, Hydrogels, Alginates), By Mechanism (Antimicrobial, Immunostimulant), By Application (Burns, Chronic Wounds, Skin Injuries, Ulcers, Others), By End User (Hospitals & Clinics, Ambulatory Surgery Centers)- Market Outlook And Industry Analysis 2031"

The global Polymer Based Wound Dressings market is estimated to exhibit a CAGR of 4.6% during the forecast period.

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Polymer-based wound dressing materials have recently emerged as strong candidates for next-generation wound dressings with enhanced features such as high sorption, superior mechanical capabilities, and low adhesiveness. Hydrogels, foams, dermal patches, films, hydrocolloids, nanofibers, membranes, and others are examples of polymer-based wound dressings loaded with antibiotics for the treatment of infected wounds.

COVID-19 outbreak significantly impacted the general healthcare sector. The majority of the wounds are caused by traffic accidents and transportation-related injuries. This was the main driver of market expansion. Due to the global lockdown that was established during the earlier days of the pandemic and the suspension of public transit, there were much fewer accidents and injuries.

According to a 2021 article titled "The Impact of the SARS-CoV-2 Pandemic on the Management of Chronic Limb-Threatening Ischemia and Wound Care," there has been a paradigm shift in wound care towards a hybrid telemedicine and home healthcare approach to keep patients at home and reduce the number of in-person clinic visits and hospitalizations, except in critical cases like chronic limb-threatening ischemia.

The growing prevalence of diabetic ulcers, chronic wounds, and an increase in surgical operations globally are the main drivers of the growth of the polymer-based wound dressings market. For instance, the International Diabetic Federation (IDF) estimates that 537 million individuals (20-79 years) have diabetes as of the 2022 update. There will be 643 million diabetics globally by 2030 and 783 million by 2045. Furthermore, according to the IDF 2021 research, 40 to 60 million individuals globally suffer from diabetic foot ulcers. The market is expected to grow due to an increase in diabetic foot ulcers.

List of Prominent Players in the Polymer Based Wound Dressings Market:
• 3M Company,
• Coloplast A/S,
• HRA Pharma SAS,
• Covalon Technologies, Ltd.,
• Smith & Nephew Plc.,
• Sorbsan,
• ConvaTec Limited,
• Pfizer, Inc. (Pharmacia),
• Mölnlycke Healthcare AB

Market Dynamics:
Drivers-
Physicians typically advise advanced wound dressing following a trip to the doctor or hospital and focus on keeping the wound moist to promote healing. Film, foam, hydrogel, hydrocolloid, collagen, and contact layers are a few examples of advanced wound dressings. One of the prior drivers of the market expansion is the rising incidence of diabetic foot ulcers. According to the IDF's 2020 report, 40 to 60 million diabetics worldwide have diabetic foot ulcers.

Challenges:
The COVID-19 pandemic outbreak was predicted to reduce the usage of advanced wound dressing because they need medical guidance, which will limit the market's expansion. Yet, it is projected that the business will expand significantly after the pandemic. This can be attributable to activities including collaboration, R&D, global expansion, and the introduction of technologically sophisticated products by key market participants. For instance, in order to support the company's international expansion, Coloplast Corp. opened a facility in Central America in September 2021. Similar to this, Medline Industries declared in October 2021 that it will invest USD 77.5 million in the construction of a new distribution centre in Kansas. The market is therefore anticipated to grow throughout the post-pandemic period as a result of the aforementioned considerations.

Regional Trends:
Due to its superior healthcare infrastructure and expanding surgical procedures, North America commands a significant portion of the global market for wound dressings. Because there are so many diabetics in the world, and notably in the United States, there is a potential that the number of diabetic ulcer cases may increase. The United States of America, for instance, is one of the 23 nations that make up the IDF NAC region, according to the International Diabetes Federation. More over 51 million people in the NAC Area and 537 million people worldwide have diabetes, and by 2045, that number is projected to increase to 63 million.

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Recent Developments:
• In July 2022, An independent, blind randomized controlled experiment was published in Diabetes Care, according to MolecuLight Inc., a manufacturer of point-of-care fluorescence imaging for the identification of wounds with high bacterial loads. According to the article, individuals with diabetic foot ulcers who utilized a MolecuLight i:X device to see whether there was a high bacterial burden in their wounds had 12-week wound healing rates (204%) that were twice as high as those who only used normal medical therapy.

Segmentation of Polymer Based Wound Dressings Market-
By Type-
• Films
• Foams
• Hydrogels
• Alginates
• Others

By Mechanism-
• Antimicrobial
• Immunostimulant
• Others

By Application-
• Burns
• Chronic Wounds
• Skin Injuries
• Others

By End User-
• Hospitals & Clinics
• Ambulatory Surgery Centers
• Others

By Region-
North America-
• The US
• Canada
• Mexico

Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe

Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific

Latin America-
• Brazil
• Argentina
• Rest of Latin America

Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa

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This release was published on openPR.