The global foam dressing market size was valued at USD 1.82 billion in 2023
Advanced Wound Dressing Products Industry | Forecast 2030
Grand View Research’s advanced wound dressing products industry databook is a collection of market sizing information & forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.
Foam Dressing Market Insights
The global foam dressing market size was valued at USD 1.82 billion in 2023 and is anticipated to grow at a CAGR of 4.73% from 2024 to 2030. The growing demand for foam dressing items can be attributed to a rise in burn incidents, diverse types of ulcers, open wounds, and a surge in global surgical procedures. In addition, diabetes is anticipated to be the main cause of these wounds. According to the International Diabetes Federation, in 2021, approximately 537 million adults between the ages of 20 and 79 are affected by diabetes, equating to 1 in 10 individuals. This number is estimated to rise to 643 million by 2030 and further to 783 million by 2045. Notably, over 75% of these adults with diabetes reside in low- and middle-income countries.
Access the Global Advanced Wound Dressing Products Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies
The global foam dressing market size was valued at USD 1.82 billion in 2023 and is anticipated to grow at a CAGR of 4.73% from 2024 to 2030. The growing demand for foam dressing items can be attributed to a rise in burn incidents, diverse types of ulcers, open wounds, and a surge in global surgical procedures. In addition, diabetes is anticipated to be the main cause of these wounds. According to the International Diabetes Federation, in 2021, approximately 537 million adults between the ages of 20 and 79 are affected by diabetes, equating to 1 in 10 individuals. This number is estimated to rise to 643 million by 2030 and further to 783 million by 2045. Notably, over 75% of these adults with diabetes reside in low- and middle-income countries.
Hydrocolloid Dressing Market Insights
The global hydrocolloid dressing market size was valued at USD 1.31 billion in 2021 and is projected to grow at a compound annual growth rate (CAGR) of 4.99% from 2022 to 2030. The market is primarily driven by the rising prevalence of chronic and acute wounds. For instance, according to recent estimates published in NCBI (2017), chronic wounds impact around 5.7 million people in the U.S. Similarly, the Independent Diabetes Trust in the U.K. claimed in its report (2019) that each year, around 115,000 people get diabetic foot ulcers, while 278,000 people are treated for venous leg ulcers. Moreover, the increased prevalence of severe burn injuries will boost the market growth. According to ebmedicine.net, about 265,000 individuals worldwide die as a result of thermal burns.
Film Dressing Market Insights
The global film dressing market size was valued at USD 1,454.34 million in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 4.54% from 2022 to 2030. The increasing prevalence of chronic and acute wounds is the key factor driving the film dressing market. For instance, Healogics, LLC in 2022 stated that around 7.0 million Americans are living with a chronic wound. Similarly, according to the article published in the African Journal of Health Sciences Volume, 2020, the prevalence of diabetic foot ulcers is highest is Belgium at 16.6% followed by Canada at 14.6%, USA and North America at 13.0% while Asia, Europe, and Africa had a prevalence of only 5.5%, 5.1%, and 7.2% respectively.
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