According to the latest report by IMARC Group, “Global Silver Wound Dressing Market Trends, Share, Growth, Industry Size, Opportunity and Forecast 2022-2027“, the global silver wound dressing market reached a value of US$ 882.4 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1,223.6 Million by 2027 exhibiting a CAGR of 5.30% during 2022-2027.
Silver wound dressings represent the topical wound care products that are utilized for managing minimal, moderate, or heavy exudate in acute wounds, such as pressure ulcers, leg ulcers, diabetic foot ulcers, etc. They are widely available in the form of charcoal cloth dressings, barrier layers, foam dressings, hydrocolloids, etc. Silver wound dressings can also be used under compression or with select topical and adjunctive therapies to reduce the bacterial load. Consequently, they are gaining extensive traction across the healthcare industry for minimizing infections.
|Base Year: 2021|
|Forecast Year: 2022-2027|
Silver Wound Dressing Market Trends and Drivers:
The rising prevalence of chronic burns is primarily driving the silver wound dressing market. Additionally, the growing number of patients undergoing surgeries is escalating the product demand for preventing surgical site infections and promoting faster wound healing. This, in turn, is also positively influencing the global market.
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Moreover, the shifting consumer preferences from traditional wound care and closure items towards silver wound dressings that provide a wide range of antimicrobial features and alter metalloproteinases are acting as significant growth-inducing factors. Besides this, the launch of numerous favorable policies by government bodies across countries aimed at improving healthcare infrastructures is also catalyzing the market growth.
Furthermore, the leading manufacturers are developing new and innovative variants to expand their product portfolio and gain a competitive edge, which is projected to fuel the silver wound dressing market in the coming years.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Silver Wound Dressing Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
3M Company, Advanced Medical Solutions Group plc, B. Braun Melsungen AG, Cardinal Health Inc., Coloplast A/S, ConvaTec Group plc, Ferris Mfg. Corp., Hollister Incorporated, Integra LifeSciences, Medline Industries LP, Mölnlycke Health Care AB and Smith & Nephew plc.
The report has segmented the market on the basis of region, type, disease and end user.
Breakup by Type:
- Hydrofiber Silver Dressings
- Nanocrystalline Silver Dressing
- Silver Plated Nylon Fiber Dressing
- Silver Nitrate Dressing
- And, Silver Alginate Dressing
Breakup by Disease:
- Cuts and Lacerations
Breakup by End User:
- Inpatient Facilities
- Outpatient Facilities
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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