Moist Wound Dressings Market Size, Share, And Growth Rate Analysis 2023
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 Business Research Company’s moist wound dressings market report forecasts the moist wound dressings market size to grow to $5.44 Billion by 2027, with a CAGR (compound annual growth rate) of almost 6%.
Learn More On The Moist Wound Dressings Market Report 2023 – https://www.thebusinessresearchcompany.com/report/moist-wound-dressings-global-market-report
Moist Wound Dressings Market Size Forecast
The global moist wound dressings market is expected to grow from $4.07 billion in 2022 to $4.33 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The moist wound dressing market is expected to reach $5.44 billion in 2027 at a CAGR of 5.9%.
North America held the largest moist wound dressings market share, and Asia-Pacific was the fastest-growing region in 2022.
Key Moist Wound Dressings Market Driver – Increase In The Incidence Of Diabetes Cases
According to the International Diabetes Federation, a Belgium-based, non-profit diabetes group 2021, 537 million individuals (20-79 years) were diagnosed with diabetes in December 2021, and 6.7 million people died from diabetes in 2021. However, by 2030, it is expected that 643 million people globally would have diabetes. As a result, the rising prevalence of diabetes is propelling the moist wound dressings market forward.
Request for A Sample Of The Global Moist Wound Dressings Market Report:
Key Moist Wound Dressings Market Trend – Technological Advancement
To strengthen their position in the moist wound dressings market, major players are focusing on developing innovative technical solutions. For example, Healthium Medtech, an India-based medical device company specialising in surgical and wound care, released TheruptorTM Novo in October 2022 to treat chronic wounds such as diabetic foot ulcers and leg ulcers. TheruptorTM Novo is a non-toxic wound dressing with proprietary technology that uses an attract, bind, and rupture formula to physically eradicate germs. This inhibits the growth of resistant germs and facilitates healing.
Moist Wound Dressings Market Segment
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
Moist Wound Dressings Market Major Players and Strategies
Major players in the moist wound dressings market are 3M Healthcare, 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, Integra LifeSciences AB, Medline Industries Inc., Advin Health Care, ACTIVHEAL, and URGO Group.
Argentum Medical, LLC, a US-based maker of antimicrobial wound dressings, acquired Anacapa Technologies Inc for an unknown sum in February 2022. Argentum Medical LLC hopes to acquire a competitive advantage in the market by expanding and improving its wound-care offerings with this acquisition. Anacapa Technologies Inc is a skin and wound care product development company established in the United States.
The Moist Wound Dressings Global Market Report 2023 covers regional data on moist wound dressings market size, moist wound dressings market trends and drivers, opportunities, strategies, and moist wound dressings market competitor analysis. The countries covered in the moist wound 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.
Moist wound dressing is used to prevent against microbial infections and the spread of wounds. The moist environment provided by moist wound dressing aids in wound healing. It is utilised to provide a temporary physical barrier of protection, absorb wound drainage, and provide the moisture required for optimal re-epithelialization.
View More Reports Related To The Moist Wound Dressings Market –
Wound Care Devices Global Market Report 2023
Moisture Analyzer System Global Market Report 2023
Wound Debridement Global Market Report 2023
Follow us on:
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: