Absorbent Dressings Market 2024 - Top Manufactures, Growth Rate, Revenue And Forecast To 2033

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Absorbent Dressings Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $79.47 billion In 2028 At A CAGR Of 16.2% :

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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Absorbent Dressings Market Major 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 Driver - 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.

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Prominent Trend - 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.

Absorbent Dressings 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

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Largest And Fastest Growing Region In The Market
North America was the largest region in the absorbent dressings market in 2023, and is expected to be the fastest-growing region in the forecast period. The regions covered in the absorbent dressings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Absorbent Dressings Market Report Structure
3. Absorbent Dressings Market Trends And Strategies
4. Absorbent Dressings Market - Macro Economic Scenario
5. Absorbent Dressings Market Size And Growth
…..
27. Absorbent Dressings Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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