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Biomaterial Wound Dressing Market Report 2024: Size, Share, Growth, Trends, Forecast 2033
Biomaterial Wound Dressing Market
As per the report, the biomaterial wound dressing market size has grown strongly in recent years. It will grow from $5.34 billion in 2023 to $5.74 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The biomaterial wound dressing market size is expected to see strong growth in the next few years. It will grow to $7.73 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%.
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Rising Surgery Rates Fuel Growth In The Biomaterial Wound Dressing Market
The rising number of surgeries is expected to propel the growth of the biomaterial wound dressing market going forward. Surgery is a medical procedure that involves making incisions in the body to treat injuries, diseases, or deformities by repairing or removing tissue. There is an increase in surgeries due to rising cases of chronic diseases, availability of health insurance coverage, increasing medical tourism, and advancement in the health industry. Biomaterial wound dressings act as a protective barrier against pathogens, reducing the risk of surgical site infections (SSIs). For instance, in September 2023, according to the American Society of Plastic Surgeons (ASPS), a US-based nonprofit organization, 1,498,361 cosmetic surgical treatments were carried out in 2022, a notable 19% rise from the 1,255,228 procedures carried out in the previous three years. Therefore, the rising number of surgeries is driving the growth of the biomaterial wound dressing market.
Advancements In Targeted Wound Treatments Revolutionize Healing
Major companies operating in the biomaterial wound dressing market are developing targeted wound treatments to provide more effective and convenient solutions. Targeted wound treatments refer to medical therapies specifically designed to address the unique conditions and needs of a particular type of wound. For instance, in March 2023, researchers from the California Institute of Technology, a US-based private research university, introduced the Smart Bandage, which accelerated the healing of chronic infected wounds similar to diabetic ulcers in humans. They are made from a flexible, elastic polymer with embedded electronics and drugs. The polymer substrate is biocompatible. The bandages are equipped with various sensors to identify inflammation and infection by monitoring wound indicators such as uric acid, lactate, pH, and temperature. The bandages can cure infections by delivering antibiotics or other treatments stored in drug-loaded hydrogels directly to the wound site.
The biomaterial wound dressing market covered in this report is segmented -
1) By Type: Hydrogel, Alginate Dressing, Hydrocolloid Dressings, Skin Substitutes
2) By Application: Burns, Pressure Ulcers, Surgical Wounds, Lacerations And Cuts, Skin Grafts
3) By End User: Hospitals And Clinics, Ambulatory Surgical Centre, Homecare Settings
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Major companies operating in the biomaterial wound dressing market are McKesson Medical-Surgical Inc., Johnson & Johnson, The 3M Company, Medtronic plc, Baxter International, Medline Industries LP, B. Braun SE, Smith & Nephew plc, Milliken Healthcare Products LLC, Coloplast A/S, Mölnlycke Health Care AB, Integra LifeSciences, Lohmann & Rauscher International GmbH & Co. KG, Hollister Incorporated, DeRoyal Industries Inc., Advanced Medical Solutions Group, Tyndall National Institute, URGO MEDICAL, BSN Medical, Gentell, Dukal LLC, Covalon Technologies, Argentum Medical LLC, PolyMedics Innovations Inc., Spenco Medical Corporation
Contents of the report:
1. Executive Summary
2. Biomaterial Wound Dressing Market Report Structure
3. Biomaterial Wound Dressing Market Trends And Strategies
4. Biomaterial Wound Dressing Market - Macro Economic Scenario
5. Biomaterial Wound Dressing Market Size And Growth
…..
27. Biomaterial Wound Dressing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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