According to FutureWise analysis the market for advance wound dressing in 2023 is US$ 7.75 billion, and is expected to reach US$ 11.21 billion by 2031 at a CAGR of 4.7%.
Advanced wound dressings are medical products designed to manage and facilitate the healing of wounds more effectively than traditional dressings like gauze and adhesive bandages. Advanced wound dressings can be classified as foams, semipermeable films, hydrocolloids, hydrogels, hydrofibers, antimicrobial, tissue-engineered, and bioactive dressings. Characterization methods of these wound dressings include morphological examination, thermal analysis, X-ray scattering techniques, and spectroscopic techniques. Additionally, evaluations are conducted on their mechanical, physical, and biological properties. Maintaining a good moisture balance minimizes patient discomfort before and after dressing changes. Some dressings such as iodine, honey, and silver are used for their antimicrobial properties.
The process of wound healing is in five phases: hemostasis, inflammation, migration, proliferation, and remodeling. When there is an injury to the skin, hemostasis and inflammation take place. A main component of the connective tissue of the skin, known as fibrinogen, helps in the coagulation of the exudates and blood clotting in the wound to stop bleeding. The inflammatory phase occurs simultaneously with the hemostasis phase, in which the wound is cleansed of debris and protected from bacterial infection. In the migration phase, the epithelial cells move toward the wound site to replace dead cells. In the proliferation stage, the wound is covered completely by epithelium with the formation of granulating tissues. The final phase is tissue remodeling, in which the fibroblasts completely cover the wound's surface as a new layer of skin. There is no evidence of a wound in this phase, also called the maturation phase.
FutureWise Market Research has published a report that provides an insightful advance wound dressing market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. According to the analysis conducted by FutureWise research analysts, advance wound dressing market is estimated to register a considerable growth rate over the forecast period. This report lists the market segments and potential prospects available across this industry, in addition providing crucial information on the total valuation currently held by the industry. Moreover, this report will assist key management individuals in an organisation to enhance their decisions pertaining to business expansion as well as strategic changes for increasing customer base.