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Global Wound Dressing IndustryWound infection is the main safety concern for healthcare professionals as well as patients globally, thus wound care is an important procedure to prevent the possibilities of infections and promote the well-being of patients. Rising incidences of threatening diseases, such as diabetic ulcers, pressure ulcers, and venous stasis ulcers, resulting in increased demand for advanced wound dressing products for treating these conditions. Effective wound dressing helps in ensuring the overall well-being of patients, surviving from the aforementioned disorders.
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Ongoing advancements in wound dressing procedures is an important factor contributing to the growth of the wound dressing market. The improvements in wound dressing procedures have led to a transition from simple dressings to advanced devices and products that have pharmaceutically active ingredients incorporated into them. Wound dressing procedures have been improved to such an extent that they now help in maintaining a moist wound environment while actively promoting wound treatment. For instance, the introduction of keratin-based wound care products and treatment equipment, that are utilized during dressing and are beneficial in wound re-epithelialization.
Furthermore, the innovation of novel therapies, such as electrical stimulation, electromagnetic therapy, nanotechnology, and the usage of silver and other combination bandages are strengthening the growth of the market. These technological advancements help provide better relief to patients during any injury treatment and are the major factors responsible for market growth. Besides, the establishment of multinational healthcare organizations, promoting effective and secure medical practices has delivered a positive impact on the market, particularly in countries like India and China. The advanced wound dressing product segment comprises moist, antimicrobial and active products. Progressive wound care therapy is indispensable for the medication of non-healing and chronic wounds.
Industry News
In November 2014, BSN Medical acquired Sorbian, a privately held organization that is established for the development of wound dressing products and devices. This acquisition has enabled BSN Medical to extend its product portfolio in the global wound care market. Furthermore, in March 2015, 3M Healthcare announced the acquisition of Ivera medical corp, a prominent manufacturer of healthcare products and devices. This acquisition has helped 3M healthcare to enhance its wound care product portfolio, which will further enable the organisation to serve a broad customer base.
Market Segmentation
Based on the product type, the wound dressing market can be segmented into advanced wound dressing and active wound dressing. The advanced wound dressing segment can be further classified into alginates, collagen, hydrocolloids, hydrogels, and other dressing and. The traditional active wound dressing segment can be classified into gauze, lint, wadding, plasters and others. Based on major applications, the wound dressing market can be segmented into surgical wounds and burning ulcers. The burning ulcer segment can be further divided into diabetic ulcers, pressure ulcers, foot ulcers, and venous ulcers.
Based on end-users, the global wound dressing market can be segmented into home care, clinics, healthcare centres, surgery centres, hospitals, and other ambulatory services.
Regional Analysis
North America, Europe, and the Asia Pacific are the major regions driving the global wound dressing market. The North American wound dressing market is considered the most successful, owing to the existence of a vast geriatric population base, and improved patient awareness levels regarding the benefits of the wound dressing, in case of injury or other chronic infections. Enhanced prevalence of chronic wounds such as pressure ulcers, diabetic foot ulcers, and venous ulcers in this region also support market growth. Besides, susceptible product availability owing to the existence of prominent manufacturing industries, cost-effective wound dressing services offered by the regional healthcare centres, and a broad distribution network in this region also support market growth.
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