Press release
MOIST WOUND DRESSINGS MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2022 - 2029)
Market Analysis and SizeA study conducted by the Wound Healing Society (WHS), the United States, revealed that, about 8.2 million people had wounds with or without infection during 2018 in the United States. Medicare's overall cost for acute and chronic wounds was estimated to be between USD 21.1 and USD 96.8 billion. Over the forecast period of 2022 to 2029, increased wound instances are likely to boost the growth of the wound dressing market. A moist wound dressing creates a wet environment that aids wound healing. This moist wound environment keeps tissue hydrated, reduces discomfort, and speeds up the decomposition of dead tissue. Since the previous decade, advances in improved wound care dressings have shifted the health-care paradigm. In the treatment of wounds, moist wound dressings are the most commonly utilized dressings. The growing desire for moist wound dressings can be related to aspects such as maintaining optimal moisture levels for cell growth and proliferation and expansion during wound healing phases.
Data Bridge Market Research analyses that the moist wound dressings market which was USD 4,353.8 million in 2021, would rocket up to USD 6835.24 million by 2029, and is expected to undergo a CAGR of 5.80% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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