Press release
Polymer-Based Wound Dressings Market Expected to Expand at 4.9 Percent CAGR Through 2031 as Demand Surges for Advanced Antimicrobial Technologies
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Polymer Based Wound Dressings Market Size, Share & Trends Analysis Report By Type (Films, Foams, Hydrogels, Alginates), By Mechanism (Antimicrobial, Immunostimulant), By Application (Burns, Chronic Wounds, Skin Injuries, Ulcers, Others), By End User (Hospitals & Clinics, Ambulatory Surgery Centers)- Market Outlook And Industry Analysis 2031"The global Polymer Based Wound Dressings market is estimated to exhibit a CAGR of 4.9% during the forecast period.
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Polymer-based wound dressing materials have emerged as promising solutions for next-generation wound care, offering enhanced properties such as high absorbency, superior mechanical strength, and minimal adhesiveness. These dressings-comprising hydrogels, foams, dermal patches, films, hydrocolloids, nanofibers, and membranes-are often infused with antibiotics to effectively treat infected wounds.
The outbreak of COVID-19 had a notable impact on the healthcare sector, particularly in the area of wound care. A significant portion of wounds typically results from road accidents and transport-related injuries, which had previously served as a major catalyst for market growth. However, during the early phases of the pandemic, strict lockdowns and the suspension of public transportation led to a substantial decline in such incidents, thereby reducing the demand for wound care products.
According to a 2021 publication titled "The Impact of the SARS-CoV-2 Pandemic on the Management of Chronic Limb-Threatening Ischemia and Wound Care," the pandemic prompted a shift in wound care delivery toward a hybrid model that integrated telemedicine and home healthcare services. This approach aimed to minimize in-person clinical visits and hospital admissions, with exceptions made for severe cases such as chronic limb-threatening ischemia.
Looking ahead, the polymer-based wound dressings market is expected to experience robust growth, driven by the increasing global prevalence of diabetic ulcers, chronic wounds, and a rising number of surgical procedures. According to the International Diabetes Federation (IDF), as of 2022, an estimated 537 million individuals aged 20-79 are living with diabetes. This number is projected to rise to 643 million by 2030 and 783 million by 2045. Additionally, the IDF's 2021 report indicates that 40 to 60 million people worldwide suffer from diabetic foot ulcers, further underscoring the growing demand for advanced wound care solutions.
List of Prominent Players in the Polymer Based Wound Dressings Market:
• 3M Company,
• Coloplast A/S,
• HRA Pharma SAS,
• Covalon Technologies, Ltd.,
• Smith & Nephew Plc.,
• Sorbsan,
• ConvaTec Limited,
• Pfizer, Inc. (Pharmacia),
• Mölnlycke Healthcare AB
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Market Dynamics
Drivers:
Advanced wound dressings-such as films, foams, hydrogels, hydrocolloids, collagen-based products, and contact layers-are typically recommended by healthcare professionals following clinical consultations to maintain a moist wound environment conducive to healing. A significant driver of market growth is the increasing prevalence of diabetic foot ulcers. According to the International Diabetes Federation (IDF) 2020 report, an estimated 40 to 60 million individuals worldwide are affected by diabetic foot ulcers, thereby intensifying the demand for advanced wound care solutions.
Challenges:
The COVID-19 pandemic temporarily impeded the adoption of advanced wound dressings due to reduced access to in-person medical consultations, which are often required for their appropriate use. This factor limited short-term market growth. However, the industry is expected to witness substantial expansion in the post-pandemic period. Growth prospects are being bolstered by strategic initiatives undertaken by key market players, including collaborative efforts, research and development, geographic expansion, and the launch of technologically advanced products. For instance, Coloplast Corp. inaugurated a new facility in Central America in September 2021 to support its global expansion strategy. Similarly, Medline Industries announced a USD 77.5 million investment in a new distribution center in Kansas in October 2021. These developments are expected to drive market recovery and growth in the coming years.
Regional Trends:
North America holds a dominant position in the global advanced wound dressings market, supported by its well-established healthcare infrastructure and the growing number of surgical procedures. The region, particularly the United States, is witnessing a rising incidence of diabetes, which correlates with an increase in diabetic foot ulcer cases. According to the IDF, the United States is part of the North America and Caribbean (NAC) region, where over 51 million individuals are currently living with diabetes. Globally, 537 million people are affected by the disease, and this number is projected to rise to 783 million by 2045. The high prevalence of diabetes in North America continues to drive demand for advanced wound care solutions.
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Recent Developments:
• In July 2022, An independent, blind randomized controlled experiment was published in Diabetes Care, according to MolecuLight Inc., a manufacturer of point-of-care fluorescence imaging for the identification of wounds with high bacterial loads. According to the article, individuals with diabetic foot ulcers who utilized a MolecuLight i:X device to see whether there was a high bacterial burden in their wounds had 12-week wound healing rates (204%) that were twice as high as those who only used normal medical therapy.
Segmentation of Polymer Based Wound Dressings Market-
By Type-
• Films
• Foams
• Hydrogels
• Alginates
• Others
By Mechanism-
• Antimicrobial
• Immunostimulant
• Others
By Application-
• Burns
• Chronic Wounds
• Skin Injuries
• Others
By End User-
• Hospitals & Clinics
• Ambulatory Surgery Centers
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
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About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
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