Surgical Dressing Market Forecast 2023-2027 By The Business Research Company
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 surgical dressing market report forecasts the surgical dressing market size to grow to $4.35 Billion by 2027, with a CAGR (compound annual growth rate) of 6%.
Learn More On The Surgical Dressing Market Report 2023 – https://www.thebusinessresearchcompany.com/report/surgical-dressing-global-market-report
Surgical Dressing Market Size Forecast
The global surgical dressing market is expected to grow from $3.21 billion in 2022 to $3.45 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. 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 global surgical dressing market size is expected to reach $4.35 billion in 2027 at a CAGR of 6%.
North America held the largest surgical dressing market share, and Asia-Pacific was the fastest-growing region in 2022.
Key Surgical Dressing Market Driver – Rise In Number Of Surgeries
According to the Aesthetic Society, a US-based professional organisation of ABPS board-certified plastic surgeons, surgical treatments increased by 54% in 2021 compared to 2020. As a result, the growing number of surgeries is propelling the surgical dressing market forward.
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Key Surgical Dressing Market Trend – Technological Advancement
To strengthen their market position, major market players are adopting new technologies and innovative materials. For example, Healthium Medtech, an India-based medical device business that specialises in surgical wound dressing, will launch TRUSHIELD NXT surgical wound dressing in October 2021. This dressing features a 3D hydro cellular substrate and unique infection prevention technology to give a full wound care system and optimal wound protection while remaining waterproof. With a unique non-leaching, non-depleting kill mechanism, its patented technology constantly inhibits pathogen growth.
Surgical Dressing Market Segment
1) By Product: Primary Dressing, Secondary Dressing, Other Products
2) By Application: Diabetes Based surgeries, Cardiovascular Disease, Ulcers, Burns, Transplant Sites, Other Applications
3) By End-Use: Hospitals, Specialty Clinics, Home Healthcare, Ambulatory Surgery Centres, Other End-Uses
Surgical Dressing Market Major Players and Strategies
Major players in the surgical dressing market are 3M Company, Smith & Nephew Plc., Mölnlycke Health Care AB, Convatec Group Plc., Johnson & Johnson, Coloplast Corp, Medtronic plc., Cardinal Health Inc., Medline Industries LP, Advancis Medical, B. Braun SE, Baxter International Inc., Derma Sciences Inc., Organogenesis Holdings Inc., Essity Aktiebolag, Alliqua Biomedical Inc., and Acelity L.P Inc.
Essity, a hygiene and health firm based in Sweden, purchased 75% of the medical solutions company ABIGO Medical AB for an unknown sum in February 2020. This acquisition is a fantastic fit for Essity and boosts the Medical Solutions business’s innovation potential. ABIGO Medical AB is a surgical dressing manufacturer established in Sweden.
The Surgical Dressing Global Market Report 2023 covers regional data on surgical dressing market size, surgical dressing market trends and drivers, opportunities, strategies, and surgical dressing market competitor analysis. The countries covered in the surgical dressing 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.
A surgical dressing is a sterile material that is put to a wound to absorb and retain fluids from the blood and exudate damaged tissue. It covers the wound to keep stitches and staples from becoming caught on clothing.
View More Reports Related To The Surgical Dressing Market –
Surgical Sutures And Staples Global Market Report 2023
Surgical Equipment Global Market Report 2023
Surgical Sealants And Adhesives Global Market Report 2023
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