According to a new report, published by KBV research, The Global Moist Wound Dressings Market size is expected to reach $6.2 billion by 2030, rising at a market growth of 5.4% CAGR during the forecast period. In the year 2022, the market attained a volume of 1234.0 million Units, experiencing a growth of 5.1% (2019-2022).
The Acute Wounds segment is showcasing a CAGR of 5.9% during (2023 - 2030). Acute wounds are typically fresh injuries that result from trauma or surgery. The choice of dressing depends on various factors, including the type and location of the wound, the amount of exudate (fluid) produced, and the patient's overall health. The expansion in the need for acute wound products can be accredited to increased surgical cases globally, expanding the segment growth.
The Foam Dressings segment is leading the Global Moist Wound Dressings Market by Product in 2022; thereby, achieving a market value of $1.4 billion by 2030. These dressings are soft and pleasant to the touch. In addition, they help prevent and cease exudation from burn injuries, which also contributes to the segment's expansion. Due to their highly absorbent nature, these dressings can be changed on wounds with extensive exudation daily without the risk of maceration. These dressings are recommended for chronic wounds such as diabetic foot ulcers, pressure ulcers, and burns because they create and maintain a moist environment, which promotes quicker healing.
The Home Healthcare segment is experiencing a CAGR of 6% during (2023 - 2030). Home healthcare encompasses providing medical care, including wound care, in a patient's home or non-hospital setting. Home healthcare can be cost-effective compared to inpatient care, as it reduces hospitalization expenses and associated costs. This is especially important for individuals without insurance or with limited coverage. Using moist wound dressings in home healthcare is particularly relevant for wounds that benefit from a moist wound environment to facilitate healing.
The North America region dominated the Global Moist Wound Dressings Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $2.5 billion by 2030. The Europe region is poised to grow at a CAGR of 5% during (2023 - 2030). Additionally, The Asia Pacific region would witness a CAGR of 6.3% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/moist-wound-dressings-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Coloplast Group, Medline Industries, Inc., Smith & Nephew PLC, Convatec, Inc., Essity AB, Integra LifeSciences Holdings Corporation, Cardinal Health, Inc., Molnlycke Health Care AB, 3M Company, B. Braun Melsungen AG
By Application (Volume, Million Units, USD Million, 2019-2030)
By End-use (Volume, Million Units, USD Million, 2019-2030)
By Product (Volume, Million Units, USD Million, 2019-2030)
By Geography (Volume, Million Units, USD Million, 2019-2030)
Companies Profiled
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