The biomaterial wound dressing market size has grown strongly in recent years. It will grow from $5.34 billion in 2023 to $5.74 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to several factors. Firstly, the biocompatibility of biomaterials used in wound dressings has contributed significantly to their adoption. Secondly, biomaterial wound dressings offer cost-effective solutions compared to traditional wound care methods, making them attractive to healthcare providers and patients alike. Thirdly, growing environmental concerns have driven the development of biodegradable wound dressings, aligning with sustainability goals in healthcare. Additionally, there has been an increased demand for specialized wound care products, including dressings, due to factors such as aging populations and rising incidences of chronic wounds. Finally, the heightened focus on infection control has led to the widespread use of antimicrobial biomaterial dressings, further driving their growth in the historic period.
The biomaterial wound dressing market size is expected to see strong growth in the next few years. It will grow to $7.73 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The historic period's growth stems from several factors, biomaterials' biocompatibility, the cost-effectiveness of biomaterial wound dressings versus traditional methods, rising environmental concerns driving biodegradable wound solutions, heightened demand for specialized wound care products, and a stronger emphasis on infection control through antimicrobial biomaterial dressings.
The biomaterial wound dressing market is poised for growth due to the increasing number of surgeries. Surgeries, which involve making incisions to address injuries, diseases, or deformities, are on the rise due to factors such as the prevalence of chronic illnesses, wider health insurance coverage, growing medical tourism, and advancements in healthcare. Biomaterial wound dressings play a crucial role by acting as a protective barrier against pathogens, thereby reducing the risk of surgical site infections (SSIs). For instance, in September 2023, the American Society of Plastic Surgeons (ASPS) reported a significant increase in cosmetic surgical treatments, indicating a rising trend in surgeries driving demand for such products.
Key players in the biomaterial wound dressing market are focusing on developing targeted wound treatments for more effective and convenient solutions. Targeted wound treatments are tailored medical therapies designed to meet the specific needs of different types of wounds. For instance, researchers from the California Institute of Technology introduced the Smart Bandage in March 2023, which accelerates the healing of chronic infected wounds such as diabetic ulcers. These bandages are made from a flexible, elastic polymer embedded with electronics and drugs. Equipped with sensors, they can detect inflammation and infection by monitoring indicators such as uric acid, lactate, pH, and temperature. Additionally, they can deliver antibiotics or other treatments directly to the wound site using drug-loaded hydrogels.
In March 2022, Convatec Group plc, a UK-based medical products and technologies company, acquired Triad Life Sciences Inc. This acquisition strengthens Convatec's position in the advanced wound care sector, particularly in wound biologics. Triad Life Sciences Inc., a US-based biotechnology company, specializes in providing biologically-derived products to address clinical needs in surgical wounds.
Major companies operating in the biomaterial wound dressing market are McKesson Medical-Surgical Inc., Johnson & Johnson, The 3M Company, Medtronic plc, Baxter International, Medline Industries LP, B. Braun SE, Smith & Nephew plc, Milliken Healthcare Products LLC, Coloplast A/S, Mölnlycke Health Care AB, Integra LifeSciences, Lohmann & Rauscher International GmbH & Co. KG, Hollister Incorporated, DeRoyal Industries Inc., Advanced Medical Solutions Group, Tyndall National Institute, URGO MEDICAL, BSN Medical, Gentell, Dukal LLC, Covalon Technologies, Argentum Medical LLC, PolyMedics Innovations Inc., Spenco Medical Corporation.
North America was the largest region in the biomaterial wound dressing market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the biomaterial wound dressing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the biomaterial wound dressing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Biomaterial wound dressings are wound care products crafted from natural or synthetic materials that are compatible with the human body. These dressings are intended to cover and safeguard wounds, promote healing, and create an appropriate environment for tissue regeneration. They can vary in composition and structure, with some incorporating advanced features such as antibacterial properties, moisture retention capabilities, and the ability to conform to the wound site for optimal healing.
The main types of biomaterial wound dressings include hydrogel dressings, alginate dressings, hydrocolloid dressings, and skin substitutes. Hydrogel dressings consist of a network of hydrophilic polymers that can retain significant amounts of water, fostering a moist environment conducive to wound healing. They find applications in various scenarios such as burns, pressure ulcers, surgical wounds, lacerations, cuts, and skin grafts, and are utilized by various end users such as hospitals, clinics, ambulatory surgical centers, and homecare settings.
The biomaterial wound dressing market research report is one of a series of new reports that provides biomaterial wound dressing market statistics, including the biomaterial wound dressing industry global market size, regional shares, competitors with biomaterial wound dressing market share, detailed biomaterial wound dressing market segments, market trends, and opportunities, and any further data you may need to thrive in the biomaterial wound dressing industry. This biomaterial wound dressing market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The biomaterial wound dressing market consists of sales of collagen dressings, chitosan dressings, silicone-based dressings, foam dressings, film dressings, and composite dressings. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The biomaterial wound dressing market size is expected to see strong growth in the next few years. It will grow to $7.73 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The historic period's growth stems from several factors, biomaterials' biocompatibility, the cost-effectiveness of biomaterial wound dressings versus traditional methods, rising environmental concerns driving biodegradable wound solutions, heightened demand for specialized wound care products, and a stronger emphasis on infection control through antimicrobial biomaterial dressings.
The biomaterial wound dressing market is poised for growth due to the increasing number of surgeries. Surgeries, which involve making incisions to address injuries, diseases, or deformities, are on the rise due to factors such as the prevalence of chronic illnesses, wider health insurance coverage, growing medical tourism, and advancements in healthcare. Biomaterial wound dressings play a crucial role by acting as a protective barrier against pathogens, thereby reducing the risk of surgical site infections (SSIs). For instance, in September 2023, the American Society of Plastic Surgeons (ASPS) reported a significant increase in cosmetic surgical treatments, indicating a rising trend in surgeries driving demand for such products.
Key players in the biomaterial wound dressing market are focusing on developing targeted wound treatments for more effective and convenient solutions. Targeted wound treatments are tailored medical therapies designed to meet the specific needs of different types of wounds. For instance, researchers from the California Institute of Technology introduced the Smart Bandage in March 2023, which accelerates the healing of chronic infected wounds such as diabetic ulcers. These bandages are made from a flexible, elastic polymer embedded with electronics and drugs. Equipped with sensors, they can detect inflammation and infection by monitoring indicators such as uric acid, lactate, pH, and temperature. Additionally, they can deliver antibiotics or other treatments directly to the wound site using drug-loaded hydrogels.
In March 2022, Convatec Group plc, a UK-based medical products and technologies company, acquired Triad Life Sciences Inc. This acquisition strengthens Convatec's position in the advanced wound care sector, particularly in wound biologics. Triad Life Sciences Inc., a US-based biotechnology company, specializes in providing biologically-derived products to address clinical needs in surgical wounds.
Major companies operating in the biomaterial wound dressing market are McKesson Medical-Surgical Inc., Johnson & Johnson, The 3M Company, Medtronic plc, Baxter International, Medline Industries LP, B. Braun SE, Smith & Nephew plc, Milliken Healthcare Products LLC, Coloplast A/S, Mölnlycke Health Care AB, Integra LifeSciences, Lohmann & Rauscher International GmbH & Co. KG, Hollister Incorporated, DeRoyal Industries Inc., Advanced Medical Solutions Group, Tyndall National Institute, URGO MEDICAL, BSN Medical, Gentell, Dukal LLC, Covalon Technologies, Argentum Medical LLC, PolyMedics Innovations Inc., Spenco Medical Corporation.
North America was the largest region in the biomaterial wound dressing market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the biomaterial wound dressing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the biomaterial wound dressing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Biomaterial wound dressings are wound care products crafted from natural or synthetic materials that are compatible with the human body. These dressings are intended to cover and safeguard wounds, promote healing, and create an appropriate environment for tissue regeneration. They can vary in composition and structure, with some incorporating advanced features such as antibacterial properties, moisture retention capabilities, and the ability to conform to the wound site for optimal healing.
The main types of biomaterial wound dressings include hydrogel dressings, alginate dressings, hydrocolloid dressings, and skin substitutes. Hydrogel dressings consist of a network of hydrophilic polymers that can retain significant amounts of water, fostering a moist environment conducive to wound healing. They find applications in various scenarios such as burns, pressure ulcers, surgical wounds, lacerations, cuts, and skin grafts, and are utilized by various end users such as hospitals, clinics, ambulatory surgical centers, and homecare settings.
The biomaterial wound dressing market research report is one of a series of new reports that provides biomaterial wound dressing market statistics, including the biomaterial wound dressing industry global market size, regional shares, competitors with biomaterial wound dressing market share, detailed biomaterial wound dressing market segments, market trends, and opportunities, and any further data you may need to thrive in the biomaterial wound dressing industry. This biomaterial wound dressing market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The biomaterial wound dressing market consists of sales of collagen dressings, chitosan dressings, silicone-based dressings, foam dressings, film dressings, and composite dressings. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Biomaterial Wound Dressing Market Characteristics3. Biomaterial Wound Dressing Market Trends and Strategies32. Global Biomaterial Wound Dressing Market Competitive Benchmarking33. Global Biomaterial Wound Dressing Market Competitive Dashboard34. Key Mergers and Acquisitions in the Biomaterial Wound Dressing Market
4. Biomaterial Wound Dressing Market - Macro Economic Scenario
5. Global Biomaterial Wound Dressing Market Size and Growth
6. Biomaterial Wound Dressing Market Segmentation
7. Biomaterial Wound Dressing Market Regional and Country Analysis
8. Asia-Pacific Biomaterial Wound Dressing Market
9. China Biomaterial Wound Dressing Market
10. India Biomaterial Wound Dressing Market
11. Japan Biomaterial Wound Dressing Market
12. Australia Biomaterial Wound Dressing Market
13. Indonesia Biomaterial Wound Dressing Market
14. South Korea Biomaterial Wound Dressing Market
15. Western Europe Biomaterial Wound Dressing Market
16. UK Biomaterial Wound Dressing Market
17. Germany Biomaterial Wound Dressing Market
18. France Biomaterial Wound Dressing Market
19. Italy Biomaterial Wound Dressing Market
20. Spain Biomaterial Wound Dressing Market
21. Eastern Europe Biomaterial Wound Dressing Market
22. Russia Biomaterial Wound Dressing Market
23. North America Biomaterial Wound Dressing Market
24. USA Biomaterial Wound Dressing Market
25. Canada Biomaterial Wound Dressing Market
26. South America Biomaterial Wound Dressing Market
27. Brazil Biomaterial Wound Dressing Market
28. Middle East Biomaterial Wound Dressing Market
29. Africa Biomaterial Wound Dressing Market
30. Biomaterial Wound Dressing Market Competitive Landscape and Company Profiles
31. Biomaterial Wound Dressing Market Other Major and Innovative Companies
35. Biomaterial Wound Dressing Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Biomaterial Wound Dressing Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on biomaterial wound dressing market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
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Description
Where is the largest and fastest growing market for biomaterial wound dressing ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The biomaterial wound dressing market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Hydrogel; Alginate Dressing; Hydrocolloid Dressings; Skin Substitutes2) By Application: Burns; Pressure Ulcers; Surgical Wounds; Lacerations And Cuts; Skin Grafts
3) By End User: Hospitals And Clinics; Ambulatory Surgical Centre; Homecare Settings
Key Companies Mentioned: McKesson Medical-Surgical Inc.; Johnson & Johnson; The 3M Company; Medtronic plc; Baxter International
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- McKesson Medical-Surgical Inc.
- Johnson & Johnson
- The 3M Company
- Medtronic plc
- Baxter International
- Medline Industries LP
- B. Braun SE
- Smith & Nephew plc
- Milliken Healthcare Products LLC
- Coloplast A/S
- Mölnlycke Health Care AB
- Integra LifeSciences
- Lohmann & Rauscher International GmbH & Co. KG
- Hollister Incorporated
- DeRoyal Industries Inc.
- Advanced Medical Solutions Group
- Tyndall National Institute
- URGO MEDICAL
- BSN Medical
- Gentell
- Dukal LLC
- Covalon Technologies
- Argentum Medical LLC
- PolyMedics Innovations Inc.
- Spenco Medical Corporation
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | July 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 5.74 Billion |
Forecasted Market Value ( USD | $ 7.73 Billion |
Compound Annual Growth Rate | 7.7% |
Regions Covered | Global |