Showing posts with label Wound Dressing Market Share. Show all posts
Showing posts with label Wound Dressing Market Share. Show all posts

Traditional Wound Dressings Being Preferred over Traditional Products

Wounds are among the most-common signs of a physical injury, and they also help in ascertaining how serious the injury is. From an often-harmless friction burn to those so deep that they expose the bone, wounds are of different types and severity, therefore require varying degrees of medical care. Apart from physical injuries, surgeries are a major cause of wounds, as such procedures mostly involve cutting into the flesh to access a bone, muscle, or organ.

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Thus, with the increasing volume of surgeries, the incidence of acute and chronic wounds is rising. P&S Intelligence considers this to be a crucial factor in the growth of the wound dressing market from $11.4 billion in 2017 to $17.3 billion by 2023, at a 7.2% CAGR between 2018 and 2023. Apart from helping the wound heal, dressing is also supposed to protect it from becoming infected by microbes, which can not only delay the healing process but also make the wound worse.

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Currently, a range of advanced and traditional wound dressings are available around the world, with advanced dressings finding the higher adoption. This is because these products display higher efficiency, a shorter healing duration, and fewer chances of infection compared to traditional dressings, such as gauzes, bandages, abdominal pads, and sponges. The types of advanced wound dressing available include wound contact layers, foams, alginates, hydrocolloids, collagen, hydrogels, films, Hydrofiber, and superabsorbents. Among these, superabsorbent dressings are expected to gain popularity rapidly in the future, owing to their appreciable healing ability.

With time, these advanced dressings are being improved further, to allow for more convenience and better healing. For instance, smart bandages, which are integrated with microprocessors, are quickly becoming popular. This is because these products can release specific doses of multiple drugs at a time, to allow for more-effective healing. Additionally, the temperature and pH of the wound and the area around it can be ascertained with the help of sensors embedded in these smart dressings.

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Traditional Wound Dressings Being Preferred over Traditional Products

 Diabetes is among the most common chronic diseases and occurs when pancreas is unable to produce the required amount of insulin or when the body is not able to utilize the insulin that is produced. In 2019, the prevalence of diabetes, globally, was 9.3% (463 million people) and is predicted to rise to 10.2% (578 million people) by 2030.  While it has become fairly easy to lead a normal life for diabetic patients, developing a diabetic foot ulcer still remains a major complication. The wound affects about 15% of the people suffering from diabetes and 6% of these are hospitalized because of infection or some other complication.



It is important that the ulcer heals quickly in order to minimize the chance for an infection and, wound dressing products are utilized for taking of the same. Wound dressing makes sure that the infected areas is kept covered and moisture is locked in, thereby facilitating faster healing of wounds. 

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Geographically, North America has been the largest wound dressing market, owing to the growing number of road accidents, surging geriatric population, rising burn cases, and increasing number of diabetes and obesity cases in the region. Apart from this continent, the demand for different wound dressing products is expected to rise considerably in Asia-Pacific during the forecast period. This is because of the growing number road traffic cases, rising ageing population, and surging prevalence of diabetes in the region.

In conclusion, the demand for wound dressing products is being driven by the rising prevalence of diabetes and diabetic foot ulcers around the globe.  


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