The new report by Expert Market Research titled, ‘Global Surgical Dressing Market Price, Size, Share, Trends, Growth, Analysis, Report and Forecast 2023-2028’, gives an in-depth analysis of the global surgical dressing market, assessing the market based on its segments like product, application, end use and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
The key highlights of the report include:
Market Overview (2018-2028)
- Historical Market Size (2021):USD 4.1 billion
- Forecast CAGR (2023-2028):5.8%
- Forecast Market Size (2027):USD 5.8 billion
The primary dressing segment accounts for a large share of the market in terms of product. This is due to an increase in demand for various primary dressing materials such as hydrogels, alginates, and foam, among others.
The fact that hydrogels are utilized for a variety of wounds with little or no fluid leakage, are painful or necrotic wounds, or are pressure ulcers or donor sites, might be ascribed to the increased need for hydrogels.
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Second-degree burns and infected wounds are also treated with them. Hydrogels are expected to gain traction throughout the forecast period, thanks to increased awareness of the product’s capacity to improve patient comfort and reduce pain while also helping to heal wounds or burns and combat infection.
Meanwhile, alginate dressings, among other types of primary dressing materials, are designed to provide excellent protection for wounds with large quantities of drainage and burns, packing wounds, and higher state pressure ulcers, and are expected to have significant demand in the forecast future.
The rising demand for surgical dressings is expected to be a prominent driver driving market expansion in the region, owing to the rising incidence of ulcers and the increasing number of CVD-related surgeries. Rising healthcare expenditures and an ageing population in the United States of America and Canada are expected to boost market growth over the forecast period.
Industry Definition and Major Segments
A surgical dressing is a type of dressing that involves applying a sterile pad or compress to a wound to aid healing and avoid additional injury. Surgical dressings are necessary for both small and chronic wounds to relieve pain and bring comfort to the patient.
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The major applications of surgical dressings include:
- Diabetes Based Surgeries
- Cardiovascular Diseases (CVDs) Based Surgeries
- Transplant Surgeries
The significant end uses of this product are:
- Speciality Clinics
- Ambulatory Surgery Centres (ASC)
- Home Healthcare
Based on product the market is segregated into:
- Primary Dressing
- Film Dressing
- Soft Silicone Dressing
- Composite Dressings
- Hydrocolloids Dressing
- Foam Dressing
- Secondary Dressing
- Muslin Bandage Rolls
- Elastic Bandages
- Triangular Bandages
- Orthopaedic Bandages
- Elastic Plaster Bandages
- Adhesive Tapes
The regional markets for the product include
- North America
- The Asia Pacific
- Latin America
- The Middle East
The growing need for surgical dressing in hospitals, specialty clinics, and ambulatory surgery centres, among other places, is driving the global surgical dressing industry. This is due to the demand for surgical dressing in these locations in order to prevent bacterial infection of the wound.
An increase in the number of surgical procedures conducted globally, particularly diabetes and organ transplant surgeries, is expected to be a prominent factor driving market expansion throughout the forecast period.
Key Market Players
The major players in the market are Medline Industries, Inc., Medtronic, Smith+Nephew., 3M Co., Cardinal Health, Inc., Mölnlycke Health Care AB and Others.
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