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Focus on Patient-Centric Care Boosts Moist Wound Dressings Market to $5.94 Billion by 2028

06-14-2024 04:56 PM CET | Health & Medicine

Press release from: The Business Research Company

Moist Wound Dressings Market Report

Moist Wound Dressings Market Report

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.

Moist Wound 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 $26 billion In 2028 At A CAGR Of 13.0%:

The moist wound dressings market size has grown strongly in recent years. It will grow from $4.32 billion in 2023 to $4.6 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to market competition and innovation, regulatory support and approvals, increased awareness and education, reduced healing time, wound care standards and guidelines.

The moist wound dressings market size is expected to see strong growth in the next few years. It will grow to $5.94 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to telemedicine and remote wound management, focus on patient-centric care, rising demand for advanced wound care, prevalence of chronic diseases, growing aging population. Major trends in the forecast period include wound moisture management, telemedicine integration, customization and tailored solutions, smart dressings with monitoring capabilities, antimicrobial and antiseptic dressings.

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Moist Wound Dressings Market Major Segments
The moist wound dressings market covered in this report 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

Key Driver - Rising Diabetes Cases Fueling Growth In The Moist Wound Dressings Market

An increasing incidence of diabetes cases is expected to propel the growth of the moist wound dressings market going forward. 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. For instance, In December 2021, according to the statistics published by International Diabetes Federation, a Belgium-based, non-profit diabetes association 2021, 537 million adults (20-79 years) recorded living with diabetes, and 6.7 million people died of diabetes in 2021. However, by 2030, it is anticipated that there will be 643 million people worldwide will have diabetes. Therefore, the increasing incidence of diabetes cases is driving the growth of the moist wound dressings market.

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Prominent Trend - Innovative Technological Solutions Reshape The Moist Wound Dressings Market Landscape

Technological Advancement is a key trend gaining popularity in the moist wound dressings market. 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 such as 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.

Moist Wound Dressings Market Players
Major companies operating in the moist wound dressings market report are 3M Company, Smith & Nephew PLC, Derma Sciences Inc., ConvaTec Group PLC, Coloplast A/S, Medline Industries Inc., Cardinal Health Inc., B. Braun Medical Inc., Scapa Group Ltd., Mölnlycke Health Care AB, Integra LifeSciences Holdings Corporation, Advin Health Care, Advanced Medical Solutions Group plc, URGO Group, Acelity L.P. Inc., Winner Medical Co. Ltd., Fleming Medical Limited, Essity AB, AMERX Health Care Corporation, Johnson & Johnson, McKesson Medical-Surgical Inc., Hollister Incorporated, Lohmann & Rauscher International GmbH & Co. KG, Medtronic plc., Paul Hartmann AG, Baxter International Inc., Beiersdorf AG, Kinetic Concepts Inc., Organogenesis Inc., Systagenix Wound Management Ltd.

View The Full Report Here - https://www.thebusinessresearchcompany.com/report/moist-wound-dressings-global-market-report

Largest And Fastest Growing Region In The Market
North America was the largest region in the moist wound dressings market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the moist wound 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. Moist Wound Dressings Market Report Structure
3. Moist Wound Dressings Market Trends And Strategies
4. Moist Wound Dressings Market - Macro Economic Scenario
5. Moist Wound Dressings Market Size And Growth
…..
27. Moist Wound Dressings Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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