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Moist Wound Dressings Market Demand Analysis, Top Trends, Key Players, Segmentation And Outlook By 2032
Moist Wound Dressings Market Analysis
The Business Research Company's Moist Wound Dressings Global Market Report 2023 identifies increasing incidence of diabetes cases as the major driver for the moist wound dressings market's growth in the forecast period. Diabetes is a disease that occurs when blood sugar levels are high. Wound management is essential for people suffering from diabetes and includes the use of dressings and topically-applied medications.
The global moist wound dressings market is expected to grow from $4.07 billion in 2022 to $4.33 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the moist wound dressings market is expected to reach $5.44 billion in 2027 at a CAGR of 5.9%.
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Major competitors in the moist wound dressings market are 3M Healthcare, Smith & Nephew PLC, Derma Sciences Inc., ConvaTec Group PLC, Coloplast A/S, Medline Industries Inc., Cardinal Health Inc.
A key trend in the moist wound dressings market includes technological advancement. Major companies operating in the moist wound dressings market are focused on developing new technological solutions to strengthen their position. For instance, in October 2022, Healthium Medtech, an India-based medical device company operating in surgical and wound care, introduced TheruptorTM Novo to manage chronic wounds like diabetic foot ulcers and leg ulcers. TheruptorTM Novo is an anti-microbial and non-toxic wound dressing with patented technology that employs an attract, bind, and rupture formula to destroy bacteria physically. This prevents the growth of resistant microorganisms and promotes the healing process. The dressing's positively charged cationic sites, which are present throughout, draw in negatively charged microorganisms and successfully tear their cell walls, providing anti-microbial protection. The anti-microbial technology is persistent and effective for up to 7 days because it doesn't interfere with healing and doesn't penetrate the wound bed.
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The moist wound dressings market is segmented -
1) By Product: Foam, Alginate, Hydrocolloid, Hydrogel, Others Products
2) By Application: Burn Wounds, Pressure Ulcer, Diabetic Ulcer, Surgical Wounds, Others Applications
3) By End User: Hospitals, Homecare, Others End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the moist wound dressings market.
The Business Research Company's "Global Moist Wound Dressings Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Moist Wound Dressings Market Include:
1. Executive Summary
2. Moist Wound Dressings Market Characteristics
3. Moist Wound Dressings Market Trends And Strategies
4. Moist Wound Dressings Market - Macro Economic Scenario
5. Moist Wound Dressings Market Size And Growth
…..
26. Africa Moist Wound Dressings Market
27. Moist Wound Dressings Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Moist Wound Dressings Market
29. Moist Wound Dressings Market Future Outlook and Potential Analysis
30. Appendix
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