Absorbent Dressings | Health Products

Wound dressing market is the process of preventing and healing of the wounds.

The wounds may be acute or chronic.

The process that is followed in wound dressing is traditional as well as advanced wound dressing.

Traditional dressing are used in acute wounds by wound healing process and advanced dressing used in chronic wounds.

The growth in the wound dressing market is due to the rise in the incidences of diabetic wounds, injuries etc.

The high cost of advanced wound dressing devices hampers the growth of the market.According to World Health Organization, around 9% of the total mortality is due to injuries, road-kills, falls or burns, violence, almost more than half of these deaths could have been avoided with the availability of proper medical equipment and devices for healthcare procedures.

Growing occurrences of chronic along with acute disorders worldwide are considerably driving the market growth of NPWT devices and dressings. Furthermore, rising requirement for surgery in addition to the attractiveness of home healthcare settings, the NPWT in the modern lifestyle is considered to be fostering the development of the worldwide market over the years to follow. Increasing inclination of customers together with healthcare providers for minimally incursive remedial modality, growing product portfolio put up by leading player together with product development with notable features are likely to in cooperation fuel the market for NPWT devices and dressings in the said period.

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The worldwide market for (NPWT) devices and dressings was evaluated at approx US$ 1.99 Billion in 2017, promising an increase all through the assessment period by 2027. The overall market is projected to expand at a remarkable CAGR of 7.09% as well as is projected to capture a market evaluation in excess of US$ 3.96 Billion before the conclusion of the forecast period.

The various types of product available in the worldwide market are NPWT dressing kits (comprises gauze dressing kit as well as foam dressing kit) in addition to NPWT devices (comprises portable NPWT devices, disposable NPWT devices as well as standalone NPWT devices). Among these, the NPWT dressing kits are projected to be the largest shareholder market quite the reverse to NPWT devices. The NPWT devices and dressings are widely utilized into acute wounds (comprises burn cases, surgical procedures as well as traumatic wounds) as well as chronic wounds (comprises diabetic foot ulcers, pressure ulcers as well as venous leg ulcers). The hospitals end-user category among other categories such as clinics, home care settings along with ambulatory surgical centers, is expected to reflect the highest value share of the overall market in addition to this the home care settings category is expected to remain largely lucrative over the years to follow. 

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Geographically, the North America market is expected to be the leader of the worldwide market. Conversely, the Asia Pacific market is likely to be contemplating a sturdy expansion in the worldwide market. The North America regional market was estimated to gain the maximum share in excess of 54% on the basis of revenues in 2017. The overall market is projected to reflect a CAGR of 7.2% all through this period and also the APAC regional market is likely to reflect a CAGR of 7.69% over the calculated period.

The prominent companies active in the overall market are Acelity (Kinetic Concepts, Inc.), ConvaTec Inc., Medela, Devon Medical Products, Smith & Nephew, Inc., Mölnlycke Health Care, Avery Dennison Corporation, Cardinal Health, Paul Hartmann and others

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Wound dressing Market is the process of preventing and healing of the wounds.

The growth in the wound dressing market is due to the rise in the incidences of diabetic wounds, injuries etc.

The high cost of advanced wound dressing devices hampers the growth of the market.According to World Health Organization, around 9% of the total mortality is due to injuries, road-kills, falls or burns, violence, almost more than half of these deaths could have been avoided with the availability of proper medical equipment and devices for healthcare procedures.

This significant number is expected to act as a driver to the market growth.Wound Dressings Market is expected to rise from its initial estimated value of USD 8.49 billion to an estimated value of USD 14.81 billion by 2026, registering a CAGR of 7.2% in the forecast period of 2019-2026.The Wound Dressings market data displayed in the report helps to make out different market opportunities present internationally.

The report lends a hand to companies to take decisive actions to work upon with the threats in niche market.

The market analysis carried out in this Wound Dressings report provides an estimation of the expected rise, growth or fall of the product in the definite forecast period with respect to Wound Care Devices industry.