According to seasoned analysts, global Hydrogel Dressing Market is predicted to expand at a CAGR of about 6.5% over the forecast period 2022-2028.
The rising prevalence of chronic wounds & the increasing use of evidence-based therapies for the same, and a quickening increase in the diabetes population are some of the primary factors propelling the expansion of global hydrogel dressing market.
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Furthermore, the rising prevalence of pressure ulcers and venous leg ulcers around the world is raising product demand and driving market expansion.
It is worth mentioning that the development of the industry is aided by the fact that hydrogel dressings encourage quicker wound healing and are gaining an edge over conventional wound care and closure solutions.
Additionally, the progress of the business sphere is escalating as a result of technological developments in wound closure techniques, such as the ability of trauma patients and military soldiers to stop bleeding with injectable stimuli-responsive amorphous hydrogels.
However, there are several challenges preventing the market from growing, such as the fact that hydrogels can't absorb a lot of liquid and are ineffective for moist wounds that could develop infection. Besides, because of their limited mechanical strength and susceptibility to tearing, patients find it challenging to change their own bandages.
Worldwide hydrogel dressing marketplace is classified based on product type, application spectrum, end-user terrain, and raw material. Based on product type, the industry is segmented into the sheet, impregnated, and amorphous hydrogel dressings. Among these, the amorphous hydrogel dressings vertical is estimated to capture a significant market share in the ensuing years.
Moving on to the application spectrum, the market is fragmented into acute wounds (dramatic & surgical wounds and burns) and chronic wounds (diabetic foot ulcers, arterial & venous ulcers, pressure ulcers, and infectious wounds).
With respect to raw materials, the marketplace is categorized into semi-synthetic, synthetic, and natural. Out of these, it is anticipated that the natural raw material category will rise exceptionally during the forecast period. On the basis of end-user terrain, the industry is divided into home care, burn care centers, nursing facilities, clinics, ambulatory care centers (ASCs), and hospital verticals.
The geographical analysis of global hydrogel dressing industry extends to Asia-Pacific, North America, Western & Eastern Europe, Latin America, and Middle East & Africa. Of these, the Asia Pacific region is expected to hold the largest market share in the forthcoming years.
EBOS Healthcare, Molnlycke Healthcare AB, Convatec Group plc, Lohmann & Rauscher GmbH & Co. KG, Johnson & Johnson Services Inc., Smith & Nephew plc, McKesson Corporation, Integra LifeSciences, Coloplast A/S, Medline Industries LP, B. Braun Melsungen AG, Cardinal Health Inc., and The 3M Company. are the leading companies operating in global hydrogel dressing industry.
Question & Answer: Global Hydrogel Dressing Market
Question 1: Which factors are contributing to global hydrogel dressing market growth?
Answer: The rising prevalence of chronic wounds &the increasing use of evidence-based therapies for the same, and a quickening increase in the diabetes population are some of the primary factors propelling the expansion of global hydrogel dressing market.
Question 2: Which additional factors are gaining traction in global hydrogel dressing market?
Answer: The rising prevalence of pressure ulcers & venous leg ulcers combined with the technological advancements in wound closure methods are some of the additional factors gaining traction in global hydrogel dressing market.
Question 3: Which companies are profiled in global hydrogel dressing market report?
Answer: EBOS Healthcare, Molnlycke Healthcare AB, Convatec Group plc, Lohmann & Rauscher GmbH & Co. KG, Johnson & Johnson Services Inc., Smith & Nephew plc, McKesson Corporation, Integra LifeSciences, Coloplast A/S, Medline Industries LP, B. Braun Melsungen AG, Cardinal Health Inc., and The 3M Company are the leading companies operating in global hydrogel dressing industry.
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