Overview Of The Absorbent Dressings Market 2023-2032: Growth And Major Players Analysis
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The global absorbent dressings market is expected to grow from $7.20 billion in 2022 to $7.94 billion in 2023 at a compound annual growth rate (CAGR) of 10.2%. The absorbent dressings market size is expected to grow to $11.44 billion in 2027 at a CAGR of 9.6%.
North America was the largest region in the absorbent dressing market in 2022, and is expected to be the fastest-growing region in the forecast period.
Absorbent Dressings Market Driver
Rising chronic wounds are projected to drive the absorbent dressing industry ahead in the coming years. Chronic wounds are wounds that do not heal properly through the regular stages of wound healing. Absorbent dressing aids in the absorption of wounds, the exudation of exudate, and the management of wounds produced by surgical incisions, burns, accidents, diabetic wounds, skin grafts, and venous ulcers. According to the British Journal of Family Medicine, a UK-based practical website for doctors and healthcare professionals, there will be roughly 2.2 million patients in the UK with chronic wounds in June 2020. As a result, developing chronic wounds are propelling the absorbent dressing industry forward.
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Prominent Absorbent Dressings Market Trend
Product innovation is a hot trend in the absorbent dressing market. To maintain their market position, major absorbent dressing firms are producing revolutionary treatments with increased healing capacity and efficacy. For example, Global Health Technology, a MedTech business based in Norway, will unveil Erland Care Protective Skin, the next-generation wound dressing, in April 2022. This protective skin is made of a unique, extremely absorbent, and skin-friendly substance that allows for breathing and promotes wound healing. This dressing is waterproof, and its silicon adhesive makes removal simple.
Absorbent Dressings Market Prominent Players
Major players in the absorbent dressings market are 3M, MPM Medical Inc., Alliqua BioMedical Inc., DeRoyal Industries, Smith & Nephew PLC., Coloplast A/S, Convatec Group, Johnson & Johnson Pvt. Ltd., B. Braun, Mölnlycke Health Care, Advancis Medical, Hollister Co., Integra Lifesciences, DermaRite and Birchwood Laboratories Inc.
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Key Absorbent Dressings Market Segments
The global absorbent dressings market 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
The Absorbent Dressings Global Market Report 2023 provides a comprehensive overview on the absorbent dressings market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the absorbent dressings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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