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Absorbent Dressings Market Analysis, Insights, Size, Future Growth And Trends 2024-2033
Absorbent Dressings Market
The Business Research Company presents an extensive market research report on the Absorbent Dressings Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The absorbent dressings market size has grown rapidly in recent years. It will grow from $7.92 billion in 2023 to $8.73 billion in 2024 at a compound annual growth rate (CAGR) of 10.2%. The growth in the historic period can be attributed to regulatory frameworks, customization in wound care solutions, aging population demographics, rising incidence of chronic diseases..
The absorbent dressings market size is expected to see rapid growth in the next few years. It will grow to $12.82 billion in 2028 at a compound annual growth rate (CAGR) of 10.1%. The growth in the forecast period can be attributed to global healthcare infrastructure development, focus on wound healing properties, patient-centric solutions, home healthcare market growth, heightened infection control measures.. Major trends in the forecast period include wound care advancements, rise in surgical procedures, prevalence of chronic wounds, patient preference for comfort and convenience, demand from home healthcare settings..
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Key Market Players:
Major companies operating in the absorbent dressings market report are 3M Company, MPM Medical Inc., Alliqua BioMedical Inc., DeRoyal Industries Inc., Smith & Nephew plc, Coloplast A/S, Johnson & Johnson, B. Braun Melsungen AG, Mölnlycke Health Care AB, Brightwake Limited, Hollister Incorporated, Integra LifeSciences Holdings Corporation, DermaRite Industries LLC, Birchwood Laboratories Inc., Medline Industries Inc., Acelity L.P. Inc., Argentum Medical LLC, ConvaTec Inc., Derma Sciences Inc., HARTMANN GROUP, Lohmann & Rauscher International GmbH & Co. KG, Medtronic plc, Nitto Denko Corporation, Paul Hartmann AG, Systagenix Wound Management Ltd., Urgo Medical Ltd., Winner Medical Co. Ltd., 4L Health Co. Ltd., Aso LLC, Gentell Inc., Essity AB, Adynxx Inc., BSN Medical GmbH
Market Drivers:
Rising chronic wounds are expected to propel the growth of the absorbent dressings market going forward. Chronic wounds refer to wounds that fail to proceed through the normal phases of wound healing on time. Absorbent dressing helps to absorb wounds, exudate, and manage the wounds caused by surgical incisions, burns, accidents, diabetic wounds, skin grafts, and venous ulcers. For instance, in December 2022, according to the Mission Regional Medical Center, a US-based medical facility, it is estimated that 6.7 million people currently live with chronic wounds and that number is expected to grow at more than 2% for the next decade. Therefore, rising chronic wounds are driving the growth of the absorbent dressings market.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/absorbent-dressings-global-market-report
The absorbent dressings market covered in this report is segmented -
1) By Product: Non-Adherent, Adherent, Low-Adherent
2) By Application: Hospital, Clinic, Home Care
3) By End-User: Inpatient Facilities, Outpatient Facilities
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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