Global Interactive Wound Dressing Market Report 2023: Sector is Expected to Reach $5.9 Billion by 2030 at a CAGR of 4.6% - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Interactive Wound Dressing Market Size, Share & Trends Analysis Report By Product (Semi-permeable Films Dressing, Hydrogel Dressing), By Application, By End-use, By Region, And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.

The global interactive wound dressing market size is expected to reach USD 5.9 billion by 2030, to expand at a CAGR of 4.6% from 2023 to 2030.

Companies Mentioned

• B. Braun Melsungen Ag
• 3M
• Cardinal Health, Inc.
• Smith & Nephew
• Coloplast
• Molnlycke Health Care Ab
• Convatec Group Plc
• Mckesson Corporation
• Medline Industries
• Paul Hartmann Ag
• Mediwound

The primary factor driving the industry is an increase in the prevalence of chronic foot ulcers, and an increase in cases of wounds and burns.

Advancements in technology have led to the development of wound dressings that can monitor the healing process and provide real-time feedback to healthcare professionals. In addition, traumatic burns are also influencing the growth of this sector. As per the estimates of WHO burns are a significant public health problem worldwide, with an estimated 11 million people requiring medical attention each year for burns.

Furthermore, an increase in the prevalence of pressure ulcers is fuelling the demand for the market. This is attributed to the increasing cases of obesity as per the estimates of WHO obesity has tripled since 1975, obese people are likely to developed pressure ulcers, which in, driving the market growth.

The COVID-19 has had a significant impact on the sector the healthcare facilities have had to prioritize the use of wound care products for patients, which has further limited the availability of these products for non-COVID-19 patients. However, pandemic has increased the demand for wound care solutions.

The pandemic has led to an increased use of telehealth for wound care management, including remote monitoring of wounds. This has increased the demand for interactive wound dressings that can provide real-time feedback and help healthcare professionals remotely monitor wound healing.

Interactive Wound Dressing Market Report Highlights

• In 2022, North America dominated the market in terms of the revenue share of 45.46%. The market's growth in the region is increasing due to an increase in chronic wounds across the region.
• In 2022, based on product semi-permeable film dominated the market in terms of the revenue share of 42.0% and is also expected to witness the fastest CAGR of 4.7% over the forecast period.
• In 2022, based on the application chronic wound segment dominated the market in terms of the revenue share of 59.8%. The acute wound segment is expected to witness the fastest CAGR of 4.7% over the forecast period.

Key Attributes:

Report Attribute	Details
No. of Pages	90
Forecast Period	2022 - 2030
Estimated Market Value (USD) in 2022	$4.14 Billion
Forecasted Market Value (USD) by 2030	$5.9 Billion
Compound Annual Growth Rate	4.6%
Regions Covered	Global

Key Topics Covered:

Chapter 1 Methodology And Scope

Chapter 2 Executive Summary

Chapter 3 Market Variables, Trends & Scope

3.1 Market Lineage Outlook

3.1.1 Parent Market Outlook

3.1.1.1 Wound Dressing Market

3.1.2 Related/Ancillary Market Outlook

3.1.2.1 Foam Dressing Market

3.2 Market Dynamics

3.2.1 Market Driver Analysis

3.2.1.1 Increasing Prevalence Of Chronic Diseases And Conditions Affecting Wound Healing Capabilities

3.2.1.2 Introduction Of Innovative And Advanced Wound Products

3.2.2 Increasing Number Of Accidents Market Restraint Analysis

3.2.2.1 Lower Adoption In Emerging Economies

3.2.2.2 High Cost Of Advanced Wound Care Products And Chronic Wound Treatments

3.2.2.3 Stringent Manufacturing Policies

3.2.3 COVID-19 Impact

3.3 Interactive Wound Dressing Market Analysis Tools

3.3.1 Industry Analysis - Porter's

3.3.2 Pestel Analysis

Chapter 4 Interactive Wound Dressing Market, By Product

Chapter 5 Interactive Wound Dressing Market Analysis, By Application

Chapter 6 Interactive Wound Dressing Market Segment Analysis, By End-Use

Chapter 7 Interactive Wound Dressing Market Regional Market Analysis

Chapter 8 Interactive Wound Dressing Market: Competitive Market Analysis

For more information about this report visit https://www.researchandmarkets.com/r/2pdmu4

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