Global Wound Dressings Market Size, Share, Forecast Report, 2020-2027

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%. The growth of this market is majorly driven by the growing number of road accidents; increasing incidence of chronic, surgical, and traumatic wounds; high rate of cesarean sections in elderly women; rising incidence of burn injuries; and technological advancements in wound dressings.
Advanced wound dressings segment accounted for the largest share of the wound dressings market, by type, in 2019
Based on type, the wound dressings market is segmented into traditional wound dressings and advanced wound dressings. The advanced wound dressings segment is further divided into foams, hydrocolloids, hydrofibers, films, alginates, collagen, hydrogels, wound contact layers, superabsorbents, and other advanced dressings (such as honey, charcoal, NPWT, and gelling fiber dressings). The advanced wound dressings segment accounted for the largest share of the wound dressings market in 2019. This can be attributed to the increasing incidence of diabetic ulcers, venous ulcers, and pressure ulcers.

Surgical and traumatic wounds segment accounted for the largest share of the wound dressings market in 2019
Based on wound type, the wound dressings market is segmented into surgical and traumatic wounds, diabetic foot ulcers, pressure ulcers, venous leg ulcers, and burns and other wounds. The surgical and traumatic wounds segment accounted for the largest share of the wound dressings market in 2019. The large share of this segment can be attributed to the increasing prevalence of chronic conditions and the growing number of surgical procedures performed.

Hospitals, ASCs, and clinics are the largest end users of wound dressings
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 market share in 2019. This can be attributed to the rising need for wound care services and the increasing need for better wound management products for treating complex wounds.
North America will continue to dominate the wound dressings market during the forecast period.
In 2019, North America accounted for the largest share of the wound dressings market, and this trend is expected to continue during the forecast period. The growing geriatric population, increasing incidence of chronic wounds, rising healthcare expenditure, and the presence of major market players are responsible for the large share of North America in the global wound dressings market.

Key Market Players
Prominent players in the wound dressings market include 3M (US), Smith & Nephew plc (UK), Integra LifeSciences Holdings Corporation (US), Mölnlycke Health Care AB (Sweden), ConvaTec Group plc (UK), Coloplast A/S (Denmark), Medline Industries, Inc. (US), Advanced Medical Solutions Group plc (UK), Hollister Incorporated (US), B. Braun Melsungen AG (Germany), DeRoyal Industries, Inc. (US), PAUL HARTMANN AG (Germany), Advancis Medical (UK), Cardinal Health (US), Lohmann & Rauscher International GmbH & Co. KG (Germany), DermaRite Industries, LLC (US), Urgo Medical (France), Shield Line (US), Zeni Medical (US), and Winner Medical Co., Ltd. (China).

3M (US) is the leading player in the global wound dressings market. The company focuses on product launches and acquisitions to further increase its share in the wound dressings market. 3M is a pioneer in advanced wound care and has been in the market for more than 15 years, which provides it with a competitive edge in the market. The company is focusing on increasing its customer base and expanding its reach in untapped emerging markets.

This report categorizes the wound dressings market into the following segments and subsegments:

By Type

• Advanced Wound Dressings
  • Foam Dressings
    • Silicone Foam Dressings
    • Non-silicone Foam Dressings
  • Hydrocolloid Dressings
  • Hydrofiber Dressings
  • Film Dressings
  • Alginate Dressings
  • Collagen Dressings
  • Hydrogel Dressings
  • Wound Contact Dressings
  • Superabsorbent Dressings
  • Other Advanced Dressings
• Traditional Wound Dressings

By Wound Type

• Surgical and Traumatic Wounds
• Diabetic Foot Ulcers
• Pressure Ulcers
• Venous Leg Ulcers
• Burns and Other Wounds

By End User

• Hospitals, ASCs, and Clinics
• Home Care Settings
• Other End Users

By Region

• North America
  • US
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East and Africa