Global Wound Dressings Market Forecast by 2024 with Key Companies Profile, Supply, Cost Structure

Global Wound Dressings Market

The Global Wound Dressings Market accounted to USD 7.41 billion in 2016 growing at a CAGR of 7.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Wound dressing 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.

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Major market drivers and restraints:

  • New developments in technologies.
  • Growth in the numbers of geriatric population.
  • Rise in the incidences of diabetes and diabetic wounds.
  • Initiation of government in the wound dressing market is some of the factor which drives the market.
  • High price of advanced wound dressing technology product or devices hampers the market.
  • Competitive Pricing Pressure is the challenge in the emerging market. 

Major Market Competitors: Global Wound Dressings Market

Some of the major players operating in cancer supportive care products market areKCI Licensing, Integra LifeSciences Corporation, Smith & Nephew, Alliqua.com, Mölnlycke Health Care AB, ConvaTec Inc., Coloplast Pty Ltd, Medtronic, Organogenesis Inc., Medline Industries, Inc., 3M, Derma Sciences Inc., Hollister Incorporated, MiMedx Group, Inc., Johnson & Johnson Private Limited, Human Biosciences Inc., B. Braun Melsungen AG, Systagenix , Genzyme Corporation and Beiersdorf AG among others.

Competitive Analysis: Global Wound Dressings Market

The Global Wound Dressings Market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Global Wound Dressings Market for global, Europe, North America, Asia Pacific and South America. 

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Market Segmentation: Global Wound Dressings Market

The global wound dressings market is segmented by type in advanced wound dressings and traditional wound dressings. The advanced wound dressings is sub segmented into foam dressings, hydrocolloids, hydrofiber, film dressings, alginates, collagen dressings, hydrogels dressings, wound contact layers and super absorbent dressings. The traditional wound dressing is segmented into surgical tapes, anti-infective dressings and dry dressings.

On the basis of type the market is segmented into anti-microbial and non anti-microbial.

On the basis of application the market is segmented into surgical wounds, burns, diabetic foot ulcers, pressure ulcers, venous ulcers, trauma and chronic wounds.

On the basis of End User the market is segmented in hospitals, clinics, ambulatory surgical centers.

On the basis of geography, global wound dressing market report covers data points for 28 countries across multiple geographies such as North America, Europe, Asia-Pacific, and Rest of world. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Italy, Spain, China, India and Japan, among others. In 2017, North America is expected to dominate the market. 

Competitive Analysis: Global Wound Dressings Market

The Global Wound Dressings Market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Global Wound Dressings Market for global, Europe, North America, Asia Pacific and South America.

Read more about the Report Visit @ http://databridgemarketresearch.com/reports/global-wound-dressings-market/ 

Related Report 

Global Active Wound Care Market – Industry Trends and Forecast to 2024

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Report Access: http://databridgemarketresearch.com/reports/global-active-wound-care-market/

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