Dublin, April 13, 2017 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "Global Wound Dressing Market Size, Share, Development, Growth and Demand Forecast to 2022" report to their offering. The global wound dressing market was worth $9,989.6 million in 2015 and it is expected to grow at a CAGR of 6.9% during 2016-2022
Advanced and traditional are the two types of wound dressing, where advanced wound dressing had larger market in 2015. Among the various applications of wound dressing, surgical wound segment held the largest share in the global market in 2015. The global wound dressing market is witnessing high growth due to increasing geriatric population, increasing road accidents and growing chronic wound cases resulting in high demand for such products. In addition, increasing burn cases and growing awareness about wound dressing is also leading to its higher adoption. Moreover, increasing volume of surgeries is further promoting the growth of the market. Traditional wound dressings are easily available as over-the-counter (OTC) products and are cheaper as compared to advanced wound care products. In addition, they are easy to use and can be used by individuals with minimum technical know-how. Traditional wound dressing helps absorbing exudates, inhibiting infection, preventing bleeding and drying of the wounds. Proper care of acute wounds prevent the formation of chronic wounds by utilizing traditional wound care products. Traditional wound dressings include abdominal pads, conforming bandage, gauges and sponges. However, the high cost of advance wound dressings is the key restraint in the growth of the wound dressing market worldwide. The high cost of advanced wound dressing, such as foams, hydrocolloids, film, alginate, hydrogel, and collagen limits the affordability of users. As a result, consumption of advanced wound dressing decreases, thus hampering the growth of global wound dressing market. Some of the key companies operating in the global wound dressing market include 3M Company, Smith and Nephew plc, Medtronic, Johnson and Johnson, Molyncke Health Care, DermaRite Industries LLC., Derma Sciences Inc., Hollister Incorporated, ConvaTec and DeRoyal Industries Inc. Key Topics Covered: 1. Research Scope And Methodology 1.1 Market Definition 1.2 Research Scope 1.2.1 Global Wound Dressing Market, By Type 1.2.2 Global Wound Dressing Market, By Application 1.2.3 Global Wound Dressing Market, By End User 1.2.4 Global Wound Dressing Market, By Geography 1.3 Research Methodology And Sources 2. Executive Summary 2.1 Key Findings 2.2 Research Summary 3. Market Outlook 3.1 Introduction 3.2 Factors Driving The Growth Of The Market And Its Impact On Market Forecast 3.2.1 Growing Geriatric Population 3.2.2 Increasing Volume Of Surgeries 3.2.3 Increase In Road Accidents 3.2.4 Growing Burn Cases 3.2.5 Increasing Incidence Of Chronic Wounds 3.2.6 Impact Analysis Of Drivers On Market Forecast 3.3 Factors Hindering Growth Of The Market And Its Impact On Market Forecast 3.3.1 High Cost Of Advanced Wound Dressing 3.3.2 Inability Of Traditional Wound Dressing To Treat Severe Wounds 3.3.3 Impact Analysis Of Restraints On Market Forecast 4. Global Wound Dressing Market Size And Forecast (2012-2022) 4.1 Global Wound Dressing Market, By Type 4.2 Global Wound Dressing Market, By Application 4.3 Global Wound Dressing Market, By End User 4.4 Global Wound Dressing Market, By Region 5. Global Wound Dressing Market, By Type 5.1 Advanced Wound Dressing Market 5.1.1 Global Advanced Wound Dressing Market, By Type 5.2 Traditional Wound Dressing Market 5.2.1 Global Traditional Wound Dressing Market, By Type 5.2.1.1 Bandage 5.2.1.2 Gauze 5.2.1.3 Sponge 5.2.1.4 Abdominal Pad 5.2.2 Global Traditional Wound Dressing Market, By Region 6. Global Wound Dressing Market, By Application 6.1 Surgical Wound Dressing Market 6.2 Wound Dressing Market For Ulcer 6.2.1 Type Of Ulcer 6.2.1.1 Pressure Ulcer 6.2.1.2 Diabetic Ulcer 6.2.1.3 Venous Ulcer 6.2.1.4 Arterial Ulcer 6.2.2 Global Wound Dressing Market For Ulcer, By Region 6.3 Wound Dressing Market For Burn 7. Global Wound Dressing Market, By End User 7.1 Wound Dressing Market For Inpatient Facilities 7.2 Wound Dressing Market For Outpatient Facilities 8. Global Wound Dressing Market, By Geography 9. Competitive Analysis 9.1 Porter's Five Forces Of Competitive Position Analysis 9.2 Competitive Positioning Of Global Wound Dressing Market, By Application 10. Company Profiles And Strategic Developments 10.1 Key Company Profiles 10.1.1 3M Company 10.1.2 Medtronic Plc 10.1.3 Smith & Nephew Plc 10.1.4 Mölnlycke Health Care Ab 10.1.5 Hollister Inc. 10.1.6 Derma Sciences Inc. 10.1.7 Johnson & Johnson 10.1.8 Deroyal Industries Inc. 10.1.9 Dermarite Industries Llc. 10.1.10 Convatec 11. Appendix For more information about this report visit http://www.researchandmarkets.com/research/gp...obal_wound
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