GVR Report cover Interactive Wound Dressing Market Size, Share & Trends Report

Interactive Wound Dressing Market Size, Share & Trends Analysis Report, By Type (Semi-permeable Films Dressing, Semi-permeable Foams Dressing, Hydrogel Dressing), By Application, By End-use, By Region, And Segment Forecasts, 2023 To 2030

  • Report ID: GVR454070
  • Number of Pages: 0
  • Format: Electronic (PDF)

The demand for interactive wound dressing sales has increased over the past two years. Technological advancements, an increase in the occurrence of chronic wounds, and a surge in surgical operations primarily drive the market for interactive wound dressings.According to the International Diabetic Federation (IDF), roughly 537 million individuals (20-79 years) will have diabetes. The number of diabetics is expected to climb to 643 million by 2030 and 783 million by 2045.Diabetes prevalence raises the risk of diabetic foot ulcers, contributing to market growth. As a result, the increasing prevalence of several lifestyle disorders that lead to chronic wounds, such as diabetic foot ulcers, venous leg ulcers, and pressure ulcers, is one of the key factors expected to drive the interactive wound dressing market in the coming years.

Additionally, interactive wound dressings are in high demand because they provide a moist environment for wound healing. These dressings aid in rapid re-epithelialization and collagen synthesis, stimulate angiogenesis by introducing hypoxia into the wound bed, and lower wound bed pH, reducing wound infection.

The interactive wound dressings market is in its early phases, with constant research to develop these dressings. For instance:

  • Researchers from the University of Central Florida, Materials Science, and Engineering, have lately developed a new hydrogel bandage with sustained drug release that exhibits excellent potential in diabetic wound care

  • An Indian scientist developed a revolutionary film wound dressing based on agarose, a natural polymer created from seaweed agar, to treat patients with chronic and infected diabetic wounds. It is in keeping with the "Make in India" strategy and was supported by the DST's Advanced Manufacturing Technologies Program. Currently, these dressings are in the third stage of development and have been tested on rats

Therefore, increased R&D spending and the launch of improved film dressings by key companies and organizations are among the factors anticipated to fuel the market expansion in the coming years. Furthermore, the interactive wound healing market is expanding as leading competitors achieve their strategic objectives through mergers, product launches, and acquisitions. For instance,

  • In January 2023, Convatec announced the US launch of ConvaFoam, a family of advanced foam dressings. It is intended for use on a spectrum of wound types at any stage of wound healing.

  • In June 2022, Collagen Matrix, Inc., received 510(k) clearance for a brand-new fibrillar collagen wound dressing.

In addition, initiatives by public and private organizations associated with wound healing are also anticipated to accelerate market expansion. For instance, in September 2022, The Alliance of Wound Care Stakeholders proposed that the Centers for Medicare and Medicaid Services (CMS) revise its antiquated payment policies for cellular and tissue-based products to treat skin wounds. This was done to guarantee that patients received adequate treatment at the hospital provider-based department (PBD)/outpatient site of service.

Interactive Wound Dressing Market Segmentation

  • By Type

    • Semi-permeable Films Dressing

    • Semi-permeable Foams Dressing

    • Hydrogel Dressing

  • By Application

    • Chronic Wounds

      • Diabetic Foot Ulcers

      • Pressure Ulcers

      • Venous Leg Ulcers

      • Other Chronic Wounds

    • Acute Wounds

      • Surgery & Trauma

      • Burn Injuries

  • By End-use

    • Hospitals

    • Outpatient Facilities

    • Home Care

    • Research & Manufacturing

Key players

  • B. Braun Melsungen AG

  • 3M

  • Cardinal Health, Inc.

  • Smith & Nephew

  • Coloplast

  • Molnlycke Health Care AB

  • ConvaTec Group PLC

  • McKesson Corporation

  • Medline Industries

  • PAUL HARTMANN AG

  • MediWound

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