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Absorbent Dressings Market Segments 2024-2033 | Size, Share, Trends And Insights
Absorbent Dressings Market
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.
Market Overview -
An absorbent dressing is made up of super absorbent polymer using materials like Iodine gel, fibrous fabric, alginate, sodium chloride, calcium, and other compounds to protect wounds from the external environment and absorbs the moisture of the wounds.
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Chronic Wound Epidemic Propels Absorbent Dressings Market Growth For Advanced Wound Care Solutions
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.
Competitive Landscape -
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
Focus On Product Advancements And Healing Efficacy
Product innovation is a key trend gaining popularity in the absorbent dressings market. Major companies operating in the absorbent dressings market are developing innovative products with improved healing capacity and efficacy to sustain their position in the market. For instance, in April 2022, Global Health Technology, a Norway-based MedTech company, launched Erland Care Protective Skin, the next-generation wound dressing. This protective skin has unique, highly absorbent, and skin-friendly material that enables breathing and enables good healing conditions for the wound. This dressing is waterproof and its silicon adhesive allows easy removal.
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Key Segments -
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
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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