The recent research, Wound Dressing market enables stakeholders, field marketing executives and business owners get one step ahead by giving them a better understanding of their immediate competitors for the forecast period, 2019 to 2030.
New York, NY -- (SBWIRE) -- 05/13/2019 -- The healing procedures involved after surgeries and other procedures as important as the procedure itself and are likely to affect the long term health and general lifestyle of the patient for a certain amount of time if not their whole lifespan. This criticality and complexity is the basis for the advancement of technology which has helped with the development of various different types of wound care products that are designed to specifically target diversified aspects of the process of wound healing. These wound dressings products have been devised to help prevent the contamination of wounds from external elements that may contain bacteria and other microbes so as to aid in the prevention of infections and guaranteeing a quicker recovery.
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Major Players in the Wound Dressings Market
The prominent players in the global wound dressings market are Acelity L.P., Inc., Integra Lifesciences Holdings Corp., Convatec, Inc., Organogenesis Inc., 3M Company, Smith and Nephew PLC, Mölnlycke Health Care, Coloplast Corp., Medline Industries, Inc., and Covidien PLC
Analysis and Forecast by Regions
1 North America (US, Canada)
2 Europe (Germany, UK, France)
3 Asia Pacific (China, Japan, India, Rest of Asia Pacific)
4 Rest of the world (Latin, Middle East, Africa)
High Costs of Wound Dressings Products to Restrain the Market
High costs associated with wound dressings products are one of the major factors affecting the growth of the wound dressings market. The availability of affordable and cheaper versions of wound care products and high surgical costs associated with wound dressing's products is anticipated to be one of the major hindrances in the growth of the global wound dressings market.
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Rapid Growth of the Asia Pacific Market
Asia Pacific is estimated to witness the highest CAGR during the forecast period. Increasing the geriatric population, continuously growing economy, increasing burden of chronic diseases and increasing awareness regarding the latest healthcare technology is anticipated to present a lucrative growth scenario for the wound dressings market in this region. Furthermore, improving healthcare facilities, coupled with supportive government healthcare regulations and norms is expected to present an attractive growth prospect for the market in the coming years.
Segmentation by Type, Application and End User
The global wound dressings market is segmented by application and type. Based on the application, the wound dressings market is segmented into traumatic wounds, ulcers, surgical wounds, burns, and other applications. The ulcer segment is likely to hold the largest share of the global wound dressings market. The rising incidences of diabetic foot ulcers & pressure ulcer couples with the increasing prevalence of post-operative surgical wounds large share of this segment can be the reason for the large share of the market.
On the basis of type, the wound dressings market is segmented into traditional wound dressings and advanced wound dressings. The advanced wound dressings segment can be further segmented into collagen dressings, foam dressings, hydrocolloids, film dressings, alginates, hydrogels dressings, and other advanced wound dressings. On the other hand, the traditional wound dressings segment can be classified into dry dressings, anti-infective dressings, surgical tapes, and other traditional wound dressings. The advanced wound dressings segment will most likely account for the highest market share due to the minimal chances of infections and the faster healing process.
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