U.S. Markets closed
  • S&P 500

    3,662.45
    +40.82 (+1.13%)
     
  • Dow 30

    29,823.92
    +185.28 (+0.63%)
     
  • Nasdaq

    12,355.11
    +156.37 (+1.28%)
     
  • Russell 2000

    1,836.05
    +16.23 (+0.89%)
     
  • Crude Oil

    44.40
    -0.94 (-2.07%)
     
  • Gold

    1,819.20
    +38.30 (+2.15%)
     
  • Silver

    24.14
    +1.55 (+6.85%)
     
  • EUR/USD

    1.2082
    +0.0147 (+1.2323%)
     
  • 10-Yr Bond

    0.9340
    +0.0900 (+10.66%)
     
  • Vix

    20.77
    +0.20 (+0.97%)
     
  • GBP/USD

    1.3420
    +0.0089 (+0.6656%)
     
  • USD/JPY

    104.2940
    -0.0300 (-0.0288%)
     
  • BTC-USD

    19,102.72
    -297.05 (-1.53%)
     
  • CMC Crypto 200

    375.04
    -4.82 (-1.27%)
     
  • FTSE 100

    6,384.73
    +118.54 (+1.89%)
     
  • Nikkei 225

    26,787.54
    +353.92 (+1.34%)
     

Wound Dressings Market Worth $11.2 Billion by 2025 - Exclusive Report by MarketsandMarkets™

·4 min read

CHICAGO, June 2, 2020 /PRNewswire/ -- According to the new market research report "Wound Dressings Market by Type (Traditional, Advanced (Alginate, Collagen, Hydrogel, Foam, Hydrocolloid, Film)), Wound Type (Traumatic, Surgical, Diabetic Foot, Venous Leg Ulcer & Burns), End User (Hospital, ASCs, Homecare) - Global Forecast to 2025", published by MarketsandMarkets™, the Wound Dressings Market is projected to reach USD 11.2 billion by 2025 from USD 7.0 billion in 2020, at a CAGR of 9.7%.

MarketsandMarkets_Logo
MarketsandMarkets_Logo

Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=123903496

The growing prevalence of chronic diseases and conditions affecting wound healing capabilities, increasing spending on surgical and chronic wounds, high rate of cesarean sections in elderly women, growing number of road accidents, and technological advancements in wound dressings are the key factors driving the growth of this market.

Advanced wound dressings segment dominated the wound dressings market in 2019

Based on type, the wound dressings market is segmented into traditional wound dressings and advanced wound dressings. The advanced wound dressings segment accounted for the largest share of this market in 2019, primarily due to an increase in the incidence of diseases such as diabetic ulcers, venous ulcers, and pressure ulcers; increasing number of surgical procedures; growing patient awareness; and increasing incidences of burn injuries.

Browse in-depth TOC on "Wound Dressings Market"

129 – Tables
31 – Figures
184 – Pages

Hospitals, ASCs, and clinics segment to register the highest growth in the wound dressings market, by end user

Based on end users, the wound dressings market is segmented into hospitals, ASCs, and clinics; home care settings; and other end users. The hospitals, ASCs, and clinics segment accounted for the largest share of the wound dressings market in 2019. The large share of this segment can be attributed to the rising geriatric population and the subsequent increase in the prevalence of age-related conditions and a large number of treatment procedures carried out in hospitals.

Get 10% Customization on this Research Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=123903496

North America is the largest regional market for wound dressings

Based on region, the wound dressings market is segmented into North America, Europe, the Asia Pacific (APAC), Latin America (LATAM), and the Middle East & Africa (MEA). In 2019, North America accounted for the largest share of the wound dressings market. This can be attributed to the increasing demand for advanced wound treatment options like advanced wound dressings, increasing incidence of chronic wounds, rising healthcare expenditure, and the presence of a large number of wound care companies in this region.

Prominent players operating in the global wound dressings market include 3M (US), Smith & Nephew (UK), Cardinal Health (US), ConvaTec Group plc (UK), Coloplast A/S (Denmark), Mölnlycke Health Care AB (Sweden), Integra LifeSciences Holdings Corporation (US), B. Braun Melsungen AG (Germany), and Medline Industries, Inc. (US).

Browse Adjacent Markets: Medical Devices Market Research Reports & Consulting

Get Special Pricing on Bundle Reports: https://www.marketsandmarkets.com/RequestBundleReport.asp?id=123903496

Browse Related Reports:

Wound Care Market by Product (Foams, Hydrocolloids, Alginates, Antimicrobial Dressings, Assessment, NPWT Devices, Substitutes, Sutures, Staples, Tapes), Wound (Surgical, Trauma, Diabetic Ulcers, Burns), End-User, Region - Global Forecast to 2024

https://www.marketsandmarkets.com/Market-Reports/wound-care-market-371.html

Advanced Wound Care Market by Product (Dressings (Foams, Hydrocolloids, Alginates), Therapy Devices, NPWT, Autograft, Allograft, Xenograft), Wound (Surgical, Trauma, Diabetic Foot, Ulcers, Burns), End User (Hospital, Home Care) - Global Forecast to 2022

https://www.marketsandmarkets.com/Market-Reports/advanced-wound-care-market-88705076.html

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/wound-dressings-market.asp
Visit Our Website: https://www.marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/wound-dressings.asp

Cision
Cision

View original content:http://www.prnewswire.com/news-releases/wound-dressings-market-worth-11-2-billion-by-2025--exclusive-report-by-marketsandmarkets-301069160.html

SOURCE MarketsandMarkets