The global Wound Healing Films Market is estimated to be valued at US$ 613.8 Mn in 2023 and is expected to exhibit a CAGR of 11.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Wound healing films are made from materials such as hydrocolloids, hydrogels, alginate, and collagen which provide a protective barrier over the wound surface while allowing for moisture transfer. They aid faster healing of chronic and acute wounds by maintaining a moist environment that promotes tissue regeneration.
Market key trends:
The advanced wound care segment is witnessing high demand fueled by increase in chronic diseases and road accidents leading to complex wounds. Wound healing films help manage wound exudate and provide an ideal environment for healing. They are preferred over traditional dressings as they reduce pain, facilitate autolytic debridement of necrotic tissues and slough and thereby accelerate healing. Their wide availability, cost effectiveness and easy application are boosting their adoption in home healthcare settings as well.
Segment Analysis
The global wound healing films market is dominated by foam films segment owing to its properties such as high absorption ability and maintaining a moist wound healing environment. Foam films segment accounted for around 60% of the global market share in 2022.
Key Takeaways
The global wound healing films market size is expected to witness high growth, exhibiting a CAGR of 11% over the forecast period, due to increasing prevalence of chronic wounds worldwide.
Regional analysis
North America accounted for the largest share of the global wound healing films market in 2022 owing to high awareness regarding advanced wound care products and presence of major players in the region. Asia Pacific is expected to grow at the fastest rate during the forecast period due to rising healthcare expenditure and increasing incidence of chronic conditions in the region.
Key players operating in the wound healing films market are 3M Company, B. Braun Melsungen, Coloplast, ConvaTec, Medline Industries, Smith & Nephew, Integra Lifesciences, Derma Sciences, Kinetic Concepts, Molnlycke Health Care, Paul Hartmann, Medtronic, Winner Medical Group, Hollister, Lohmann & Rauscher, Advanced Medical Solutions, Welcare Industries, MiMedx Group, Mölnlycke Health Care, and BSN Medical.
READ MORE: https://www.ukwebwire.com/wound-healing-films-market-size/
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