The global moist wound dressing market accounted for USD 4.49 billion in 2023 and is expected to reach at USD 8.09 billion by 2034 with a CAGR of 5.50% during the forecast period 2024-2034. Increasing occurrence of diabetic pressure, venous stasis, & foot ulcers, rise in the introduction of innovative treatments such as electromagnetic therapy, electrical stimulation, nanotechnology, & the utilization of other combination dressings, growing prevalence of burn injuries, surge in aging population, heightened awareness about these dressing options, and rising launch of new moist wound dressing products are some of the key factors boosting the market growth.
Rising launch of new moist wound dressing products is predicted to boost the market growth during the forecast period. Wound dressings have progressed beyond basic covers for wounds to sophisticated products that dispense pharmaceutical agents to expedite healing while alleviating pain and inflammation. Prioritizing wound care is crucial to promote healing and mitigate the likelihood of infections. For instance, in July 2023, JeNaCell, a subsidiary of Evonik, unveiled a new moist wound dressing named epicite balance for addressing chronic wounds. Utilizing biosynthetic cellulose, a cutting-edge hydropolymer for advanced medical devices, epicite balance accelerates the healing of delayed wounds while offering superior wound cleansing properties. This introduction of the product has expanded the company's customer base and geographic reach.
By product, film dressings was the highest revenue-grossing segment in the global moist wound dressing market in 2023 owing to the soft and comfortable feel of these dressings, growing prevalence of chronic wounds such as pressure & diabetic foot ulcers, & burn injuries, and surge in launch of new products. For instance, in May 2022, Winner Medical presented its cutting-edge surgical wound care products at an industry-leading level, including transparent film dressings, bordered silicone foam dressings with SAF, antibacterial series products, and its latest innovation, the carboxymethylcellulose (CMC) dressing. Additionally, hydrocolloid dressings is predicted to grow at the fastest CAGR during the forecast period as these dressings act as a protective barrier over the wound, preventing it from exposure to external contaminants, bacteria, and pathogens. They create a moist environment surrounding the wound, which supports the healing process. Their flexibility allows them to conform to the body's contours, making them suitable for use in various anatomical locations.
By application, chronic wounds was the highest revenue-grossing segment in the global moist wound dressing market in 2023 owing to the rising prevalence of chronic wounds, increasing demand for innovative treatment options, growing prevalence of diabetic foot ulcers, and surge in approvals by regulatory bodies. For instance, in May 2023, Kane Biotech Inc., also known as Kane Biotech, has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its coactiv+ Antimicrobial Wound Gel. This approval encompasses the treatment of ulcers (including diabetic foot and leg ulcers, as well as pressure ulcers), first and severe-degree burns, partial and full-thickness wounds, extensive surface area wounds, and surgical incisions in adult populations. Additionally, acute wounds is predicted to grow at the fastest CAGR during the forecast period owing to the rising incidence of the disease & its associated complications, advanced wound dressing products are now readily available, facilitating prompt treatment and accelerated healing of such ulcers. This also contributes to shorter hospital stays and decreased overall expenses.
By end-user, hospitals was the highest revenue-grossing segment in the global moist wound dressing market in 2023 owing to the rising number of surgeries performed in these settings, increasing prevalence of chronic diseases & wounds, high prevalence of hospital-acquired infections (HAIs), and growing launch of new products. For instance, in May 2023, Smith & Nephew Plc. has revealed that its PICO single-use negative pressure wound therapy systems have secured an innovative technology contract from Vizient, Inc. Additionally, home care settings is predicted to grow at the fastest CAGR during the forecast period owing to the increasing awareness regarding the novel products and increasing demand for advanced wound dressing products.
North America region is anticipated for the highest revenue share during the forecast period owing to the growing target population, heightened levels of patient awareness, rise in chronic wound cases such as diabetic foot & pressure ulcers, and increase in collaborations among market participants. For instance, in November 2023, Kane Biotech Inc., in partnership with ProgenaCare Global LLP, announced the rebranding of the revyve Antimicrobial Injury Gel, formerly recognized as coactiv+™ Antimicrobial Injury Gel. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the increase in healthcare expenditure, surge in investment by government, growing research & development activities, and rising launch of new products. For instance, in October 2022, Healthium Medtech unveiled a new line of wound dressing products named Theruptor Novo, designed to address and manage chronic wounds such as leg ulcers and diabetic foot ulcers. The introduction of Theruptor Novo expanded the company's range of advanced wound dressing solutions.
This comprehensive research report focuses on the global and regional market size and forecasts from 2023 to 2034.
Rising launch of new moist wound dressing products is predicted to boost the market growth during the forecast period. Wound dressings have progressed beyond basic covers for wounds to sophisticated products that dispense pharmaceutical agents to expedite healing while alleviating pain and inflammation. Prioritizing wound care is crucial to promote healing and mitigate the likelihood of infections. For instance, in July 2023, JeNaCell, a subsidiary of Evonik, unveiled a new moist wound dressing named epicite balance for addressing chronic wounds. Utilizing biosynthetic cellulose, a cutting-edge hydropolymer for advanced medical devices, epicite balance accelerates the healing of delayed wounds while offering superior wound cleansing properties. This introduction of the product has expanded the company's customer base and geographic reach.
By product, film dressings was the highest revenue-grossing segment in the global moist wound dressing market in 2023 owing to the soft and comfortable feel of these dressings, growing prevalence of chronic wounds such as pressure & diabetic foot ulcers, & burn injuries, and surge in launch of new products. For instance, in May 2022, Winner Medical presented its cutting-edge surgical wound care products at an industry-leading level, including transparent film dressings, bordered silicone foam dressings with SAF, antibacterial series products, and its latest innovation, the carboxymethylcellulose (CMC) dressing. Additionally, hydrocolloid dressings is predicted to grow at the fastest CAGR during the forecast period as these dressings act as a protective barrier over the wound, preventing it from exposure to external contaminants, bacteria, and pathogens. They create a moist environment surrounding the wound, which supports the healing process. Their flexibility allows them to conform to the body's contours, making them suitable for use in various anatomical locations.
By application, chronic wounds was the highest revenue-grossing segment in the global moist wound dressing market in 2023 owing to the rising prevalence of chronic wounds, increasing demand for innovative treatment options, growing prevalence of diabetic foot ulcers, and surge in approvals by regulatory bodies. For instance, in May 2023, Kane Biotech Inc., also known as Kane Biotech, has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its coactiv+ Antimicrobial Wound Gel. This approval encompasses the treatment of ulcers (including diabetic foot and leg ulcers, as well as pressure ulcers), first and severe-degree burns, partial and full-thickness wounds, extensive surface area wounds, and surgical incisions in adult populations. Additionally, acute wounds is predicted to grow at the fastest CAGR during the forecast period owing to the rising incidence of the disease & its associated complications, advanced wound dressing products are now readily available, facilitating prompt treatment and accelerated healing of such ulcers. This also contributes to shorter hospital stays and decreased overall expenses.
By end-user, hospitals was the highest revenue-grossing segment in the global moist wound dressing market in 2023 owing to the rising number of surgeries performed in these settings, increasing prevalence of chronic diseases & wounds, high prevalence of hospital-acquired infections (HAIs), and growing launch of new products. For instance, in May 2023, Smith & Nephew Plc. has revealed that its PICO single-use negative pressure wound therapy systems have secured an innovative technology contract from Vizient, Inc. Additionally, home care settings is predicted to grow at the fastest CAGR during the forecast period owing to the increasing awareness regarding the novel products and increasing demand for advanced wound dressing products.
North America region is anticipated for the highest revenue share during the forecast period owing to the growing target population, heightened levels of patient awareness, rise in chronic wound cases such as diabetic foot & pressure ulcers, and increase in collaborations among market participants. For instance, in November 2023, Kane Biotech Inc., in partnership with ProgenaCare Global LLP, announced the rebranding of the revyve Antimicrobial Injury Gel, formerly recognized as coactiv+™ Antimicrobial Injury Gel. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the increase in healthcare expenditure, surge in investment by government, growing research & development activities, and rising launch of new products. For instance, in October 2022, Healthium Medtech unveiled a new line of wound dressing products named Theruptor Novo, designed to address and manage chronic wounds such as leg ulcers and diabetic foot ulcers. The introduction of Theruptor Novo expanded the company's range of advanced wound dressing solutions.
This comprehensive research report focuses on the global and regional market size and forecasts from 2023 to 2034.
Report Scope:
- Base Year: 2023
- Forecast Period: 2024-2034
- Study Coverage
- Market Forecast by Product, Application, and End-user
- Market Forecast for 5 Regions and 17+ Countries
- North America (U.S. and Canada)
- Europe (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
- Asia Pacific (China, Japan, India, Australia, South Korea, Rest of APAC)
- Latin America (Brazil, Mexico, Argentina, Rest of LATAM)
- MEA (South Africa, GCC, Rest of MEA)
- Exhaustive Company Profiles of Top 10+ Major Market Players
Segmentation: Moist Wound Dressing Market Report 2023 - 2034
Moist Wound Dressing Market Analysis & Forecast by Product 2023 - 2034 (Revenue USD Bn)
- Film Dressings
- Foam Dressings
- Collagen Dressings
- Alginate Dressings
- Hydrogel Dressings
- Hydrocolloid Dressings
- Other Advanced Dressings
Moist Wound Dressing Market Analysis & Forecast by Application 2023 - 2034 (Revenue USD Bn)
- Acute Wounds
- Burns
- Surgical & Traumatic Wounds
- Chronic Wounds
- Pressure Ulcers
- Venous Leg Ulcers
- Diabetic Foot Ulcers
- Other Chronic Wounds
Moist Wound Dressing Market Analysis & Forecast by End-user 2023 - 2034 (Revenue USD Bn)
- Home Healthcare
- Hospitals
- Specialty Clinics
- Others
Moist Wound Dressing Market Analysis & Forecast by Region 2023 - 2034 (Revenue USD Bn)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Moist Wound Dressing Market: Product Estimates & Trend Analysis
8. Moist Wound Dressing Market: Application Estimates & Trend Analysis
9. Moist Wound Dressing Market: End-user Estimates & Trend Analysis
10. Regional Market Analysis
11. North America Moist Wound Dressing Market
12. Europe Global Moist Wound Dressing Market
13. Asia Pacific Global Moist Wound Dressing Market
14. Latin America Global Moist Wound Dressing Market
15. MEA Global Moist Wound Dressing Market
16. Competitor Analysis
17. Company Profiles
Companies Mentioned
- Moist wound dressing
- epicite balance
- carboxymethylcellulose (CMC) dressing
- coactiv+ antimicrobial wound gel
- PICO single-use negative pressure wound therapy systems
- revyve antimicrobial injury gel
- theruptor novo
