US Wound Dressing Market Size

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US Wound Dressing Market Size, Share, Growth, Industry
Analysis, Competitive Strategies and Forescast to 2024 | Hexa
Research
“The U.S. wound dressing market size was valued at USD 3.18 billion
in 2017. Increasing prevalence of diabetes is expected to provide
growth opportunity for the market.”
12 November 2018 The US Wound Dressing Market size is expected to reach USD 4.25 billion by 2024. Growing aging population
and cases of diabetes and obesity are the major factors driving the market. Furthermore, increasing incidence
of pressure ulcers in bedridden, wheelchair-bound, and/or physically impaired patients is expected to fuel
the demand for wound care over the forecast period. For instance, annually, 2.5 million individuals suffer
from pressure ulcer in U.S. and around USD 9.1 billion to USD 11.6 billion are spent for its trea tment.
Moreover, growing cases of surgical procedures due to high incidence of wound infections and diabetic foot
are expected to boost the demand for wound dressing. This has also increased the preference for advanced
wound care products over simple dressing. Advanced dressing offers rapid healing, reasonable cost, with
minimal inconvenience to the patient. However, owing to the demand for low cost dressing, traditional
methods are being used to some extent. This may have a negative impact on the market de velopment over
the forecast period.
However, availability of various insurance schemes in U.S. for affordable medical care over long term,
coupled with rise in consumer disposable income, is encouraging people to opt for advanced healthcare. This
is anticipated to contribute to market expansion over the years to come.
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The advanced dressing technique is the fastest-growing segment expanding at a CAGR of 4.4% over the
forecast period. It also held the dominant market share of USD 1.8 billion in 2017. It is ex pected to reach USD
2.6 billion by 2024. Advanced dressings includes moist, antimicrobial, and active dressings. Factors such as
rapid healing and minimal patient inconvenience are anticipated impel this growth over the forecast period.
Chronic and non-healing wounds are best treated with advanced wound dressing products. Limitations of
traditional wound care have propelled the growth of the segment. Advanced moist wound care is
recommended for chronic wounds like pressure and diabetic ulcers, burn injuries, and other slow-healing
wounds. Advanced foam technique is essential to prevent and heal the exudation of burn injuries. All these
factors are projected to propel the growth of the U.S. wound dressing market during the forecast period.
Advanced alginate dressing is recommended in highly exuding wounds, as it forms a gel around the wound
bed and helps in keeping them dry and clean. Advanced alginate dressing have gel-forming ability and they
also help reduce the pain. As a result, they are widely used for the treatment for bleeding wounds. Advanced
films provide healing to semi-dry and dry wounds. Advanced hydrocolloid dressing helps protect the wound
internally, as well as externally. Increasing number of surgeries is expected to fuel the growth of hydrogel
dressings. All these factors are expected to propel the growth of the wound dressing market over the
forecast period.
Antimicrobial dressings are easy to use, accessible without prescription, and less risk of resistant. Silver and
non-silver are the two types of this dressings. Silver shows broad spectrum antibacterial activity and minimal
toxicity towards host cells. The non-sliver wound dressing may have single or combination of various
ingredients, such as iodine, chlorhexidine, Polyhexamethylbuguanide (PHMB), honey, acetic acid, and
potassium permanganate. This type of dressing is used for faster healing process and for reducing the pain.
Active wound dressings are administered for the repair and healing through bioactive and skin -substitute
compounds. They are highly beneficial in healing chronic moist wounds.
Hexa Research has segmented the U.S. wound dressing market report based on product: Segmentation by Product Type, 2013 - 2024
• Traditional
• Advanced
• Moist
• Foam
• Alginate
• Films
• Hydrocolloids
• Hydrogel
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• Antimicrobial
• Silver
• Non-silver
• Active
• Biomaterials
• Skin-substitute
Key Players Analyzed:
• 3M Healthcare
• Coloplast
• Medline Industries
• HARTMANN.
• BSN Medical
• Medtronic Plc
• Smith & Nephew
• ConvaTec
• Derma Sciences
• Systagenix
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Table of Contents of US Wound Dressing Market:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
2.1 Information Procurement
2.2 Data Analysis
2.3 Region Wise Market Calculation
2.3.1 Region Wise Market: Base Estimates
2.3.2 U.S Market: CAGR Calculation
2.4 Region based segment share calculation
2.5 List of Secondary Sources (partial list)
Chapter 3. Market Snapshot
Chapter 4. Market Variables, Trends & Scope
4.1 Market segmentation & scope
4.2 Market Driver Analysis
4.2.1 Introduction of new products and technologies
4.2.2 Growing incidence of pressure ulcers, diabetic foot and surgical procedures
4.2.3 Increasing healthcare expenditure and patient awareness
4.2.4 Rise in the incidence of wound infections
4.3 Market Restraint Analysis
4.3.1 High cost of advanced dressings
4.3.2 Advanced effects on skin due to dressings
4.4 Penetration & growth prospect mapping
4.5 U.S Wound dressing - SWOT Analysis, By Factor (political & legal, economic and social)
4.6 Industry Analysis - Porter’s
Chapter 5. U.S Wound dressing Market: Product Estimates & Trend Analysis
5.1 U.S Wound dressing market: Product movement analysis
5.2 U.S Wound dressing market: product movement analysis
5.3 Traditional
5.4 Advanced
5.4.1 Moist
5.4.1.1 Foam
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5.4.1.2 Alginate
5.4.1.3 Films
5.4.1.4 Hydrocolloid
5.4.1.5 Hydrogel
5.4.2 Antimicrobial
5.4.2.1 Silver
5.4.2.2 Non-Silver
5.4.3 Active
5.4.3.1 Biomaterials
5.4.3.2 Skin-substitute
Chapter 6. U.S Wound dressing Market: Regional Estimates & Trend Analysis, by Product
6.1 U.S Wound dressing market share by region, 2013 & 2024
Chapter 7. Competitive Landscape
7.1 Strategy framework
7.2 Company Profiles
7.3 3M Healthcare
7.3.1 Company Overview
7.3.2 Financial Performance
7.3.3 Product Benchmarking
7.3.4 Strategic Initiatives
7.4 Coloplast
7.4.1 Company Overview
7.4.2 Financial Performance
7.4.3 Product Benchmarking
7.5 Medline Industries
7.5.1 Company Overview
7.5.2 Financial Performance
7.5.3 Product Benchmarking
7.5.4 Strategic Initiatives
7.6 HARTMANN
7.6.1 Company Overview
7.6.2 Financial Performance
7.6.3 Product Benchmarking
7.6.4 Strategic Initiatives
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7.7 BSN Medical
7.7.1 Company Overview
7.7.2 Financial Performance
7.7.3 Product Benchmarking
7.7.4 Strategic Initiatives
7.8 Medtronic Plc
7.8.1 Company Overview
7.8.2 Financial Performance
7.8.3 Product Benchmarking
7.8.4 Strategic Initiatives
7.9 Smith & Nephew
7.9.1 Company Overview
7.9.2 Financial Performance
7.9.3 Product Benchmarking
7.10 ConvaTec
7.10.1 Company Overview
7.10.2 Financial Performance
7.10.3 Product Benchmarking
7.10.4 Strategic Initiatives
7.11 Derma Sciences
7.11.1 Company Overview
7.11.2 Financial Performance
7.11.3 Product Benchmarking
7.11.4 Strategic Initiatives
7.12 Systagenix
7.12.1 Company Overview
7.12.2 Financial Performance
7.12.3 Product Benchmarking
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The U.S. wound dressing market size is expected to reach USD 4.25 billion by 2024.