Press release
Wound Dressings Market: Future market projections for forthcoming years
A new Transparency Market Research report states that the global wound dressing market stood at US$7.5 bn in 2013 and is predicted to reach US$10.1 bn in 2020. It is expected to expand at a CAGR of 4.50% from 2014 to 2020. The title of the report is “Wound Dressings Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020”.Read Full Report: http://www.transparencymarketresearch.com/wound-dressing-market.html
According to the report, the prime factors boosting the market for wound dressings include the globally rising aging population and the growing prevalence of chronic diseases. In addition, the swift healing times brought about by the usage of wound dressings make them useful during emergency care. The rising incidence of wound infections raises the sale of wound dressings, thus having a positive impact on the market. Furthermore, the rising healthcare expenditure and growing awareness amongst patients about the benefits of wound dressings will also stimulate the market for wound dressings in the coming years. On the other hand, factors such as the soaring cost of advanced wound dressings may restrain demand within a number of Asian markets, thus having a negative impact on the overall market.
On the basis of type, the wound dressing market is segmented into traditional wound care dressings and advanced wound care dressings. Traditional wound care dressings are further segmented into wound closure products, basic wound care, and anti-infective dressings. Amongst these, within traditional wound care dressings, the segment of basic wound care held the largest share in the market in 2013. This is because basic wound care products have experienced strong sales growth in emerging countries owing to them being easy to utilize. On the other hand, the segment of anti-infective dressings is predicted to experience the highest growth rate in the forecast horizon.
Advanced wound dressings are further segmented into films, foams, hydrofiber, hydrocolloids, collagen, and alginates. Amongst these, on the basis of revenue, the segment of foams emerged as the top segment in the market. This is due to the versatility of foams in terms of healing and applicability and their easy availability in stores. This segment is also expected to experience the highest growth rate in the forecast horizon. The segments of hydrofiber and hydrocolloids are also expected to exhibit an impressive growth rate in the forecast horizon. On the other hand, the segments of collagens, films, alginates, and hydrogels are poised to experience sluggish growth in the coming years.
Download exclusive Sample of this Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=453
Geographically, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). In 2013, Asia Pacific led the wound dressings market, while RoW exhibited the highest growth rate in traditional wound dressings and is anticipated to maintain its superiority in traditional wound dressings all through the forecast horizon. This is owing to the presence of price-sensitive markets in the region and low adoption rate of advanced wound dressing technologies owing to low literacy levels. On the other hand, North America, led by the U.S., emerged as the largest market for advanced wound dressings on the basis of revenue and Asia Pacific experienced the swiftest growth and is predicted to lead the global market for wound dressings in the coming years. This is due to the increasing social awareness and the rising number of diabetic patients in the region.
As per the report, the key players operating in the market are 3M Healthcare, Coloplast A/S, ConvaTec, Inc., Johnson & Johnson, Mölnlycke Health Care AB, and PAUL HARTMANN AG, among others.
The market is segmented as follows:
Wound Dressings Market, By Type
Traditional wound dressings
Basic wound care
Wound closure products
Anti-infective dressings
Advanced wound dressings
Foams
Films
Hydrocolloids
Hydrofiber
Alginates
Collagen
Major geographies analyzed under this research report are:
Europe
North America
Asia-Pacific
Rest of the World
Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
Contact us:
Transparency Market Research
90 State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Wound Dressings Market: Future market projections for forthcoming years here
News-ID: 373190 • Views: …
More Releases from TMR

Emerging Opportunities in Logistics Market with Current Trends Analysis
The global Logistics market is estimated to attain a valuation of US$ 15,273.21 Bn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 4.5% during the forecast period, 2019-2027.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the…
Energy Measurement IC Market is expected to reach US$ 8.39 Bn by the end of 2031
According to a Transparency Market Research (TMR) research report, the global energy measurement ic market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 8.39 Bn by the end of 2031.
The study on the energy measurement ic market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The…
STATCOM UPS Market to Register Double Digit Growth Rate of 16% CAGR by 2024
Over the last decade, rising number of industries and utilities are opting for static synchronous compensator or STATCOM UPS instead of static VAR compensator or SVC UPS. Low harmonic emission coupled with high speed of response is accentuating the expansion of India STATCOM UPS market now and in times to come. Playing a crucial role in voltage control and compensation of reactive power, STATCOM UPS is likely to keep its…
Thin Wafer Processing and Dicing Equipment Market US$692.5 mn by 2024 - TMR
Transparency Market Research (TMR) estimates that the global thin wafer processing and dicing equipment market has a highly consolidative landscape. Disco Corp. accounted for largest share of 56.4% in 2015 and likely to be dominant in the coming years. This is creating monopoly in the thin wafer processing and dicing equipment market in terms of competitive presence. The other key players such as EV Group, Plasma-Therm LLC, Lam Research Corp,…
More Releases for Asia
Asia Private Equity Firm, Asia Private Equity Management, Asia Private Equity Se …
The private equity market in China has been rapidly growing in recent years. Private equity (PE) refers to the purchase of shares in a company that are not publicly traded on a stock exchange. PE firms typically target companies that are undervalued or in need of capital for growth, and aim to improve the company's operations and financial performance before selling it at a higher value.
https://boomingfaucet.com/
Asia Private Equity Consulting
E-mail:nolan@pandacuads.com
In China,…
South East Asia Business Jet Market And Top Key Players are Asia Corporate Jet, …
By 2022, the South East Asia Business Jet Markets estimated to reach US$ XX Mn, up from US$ XX Mn in 2016, growing at a CAGR of XX% during the forecast period. The Global Business Jet Market, currently at 21 million USD, contributes the highest share in the market and is poised to grow at the fastest rate in the future. The three broad categories of business jets are Small,…
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022.
23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property…
PEOPLEWAVE WINS ASIA TECH PODCAST PITCHDECK ASIA 2019 AWARDS
15 January 2019, Singapore – Peoplewave, Asia’s leading data-driven HR technology company, won the Asia Tech Podcast (ATP) Pitchdeck Asia 2019 Awards, being awarded “Startup Most Likely to Succeed in 2019".
The 2019 Pitchdeck Asia Awards is an opportunity for the Asian Startup Ecosystem to shine a spotlight on some of its best startups. The awards were decided by a public vote. More than 7,200 votes were cast by registered LinkedIn…
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia
Equipping Asia’s navies with the latest diving technology for asymmetric warfare and
operations
SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is
seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting…
Asia Diligence – Specialist Investigative Due Diligence for Asia & Beyond
Asia Diligence today announced the opening of its European Customer Services office in the United Kingdom. The office is to be managed by Steve Fowler and will focus on providing services to Asia Diligence’s European customers. Asia Diligence is also planning to open a US office in the near future, which will provide customer service to its US and North American clients.
Asked to comment on the move, Luke Palmer, the…