Product Overview

Wound dressings are divided into three classes, namely dressings that are active, passive, and interactive. The only protective feature of passive wound dressing products is that active wound dressings facilitate healing by maintaining a moist wound atmosphere. To improve wound healing, interactive dressings create a moist wound atmosphere and also communicate with wound bed components. Wound dressings need secondary dressing, such as hydrogels and alginate dressings, as they are permeable and non-occlusive. Multi-layer composite dressings are relatively costly and can be used for main and secondary wound dressing. To improve wound healing, interactive dressings create a moist wound atmosphere and also communicate with wound bed components. Wound dressings need secondary dressing, such as hydrogels and alginate dressings, as they are permeable and non-occlusive. Multi-layer composite dressings are relatively costly and can be used in the dressing of primary and secondary wounds.

Market Highlights

Global Wound Dressing Market is expected to project a notable CAGR in 2030.

Global Wound Dressing Market to surpass USD XXXX million by 2030 from USD XXXX million in 2018 at a CAGR of XX% throughout the forecast period, i.e. 2019-30. The Wound Dressing market is growing due to the increasing geriatric population, burn cases across the globe, the volume of surgeries, cases of diabetes and obesity, the incidence of chronic wounds, and a number of road accidents. Growing demand for advanced wound dressings is expected to drive the global wound dressing market.

Global Wound Dressing Market: Segments

Advanced wound dressings Segment to grow with the highest CAGR during 2019-30

Global Wound Dressing Market is segmented by type into advanced wound dressings and traditional wound dressings. The greater market share in 2018 was accounted advanced wound dressings segment and is expected to see the highest growth during the forecast period owing to the gradual adoption of some of the advanced wound dressings. Furthermore, the advanced segment is further divided into foams, films, hydrogels, hydrocolloids, superabsorbents, contact layers for wounds, alginates, collagen, and hydro fiber. The foam segment accounted for the largest share of the whole advanced segment and is projected to expand at the fastest pace on the market. This is due to the benefits provided by foam dressings, such as a warm and humid atmosphere that is suitable for healing, infection barrier, hyper granulation wound suitability, ease of application and removal, and the ability to be used in compression therapy.

Surgical Wound segment to grow with the highest CAGR during 2019-30

Global Wound Dressing Market is segmented by application into ulcers, burns, and surgical and chronic wounds. The surgical and chronic wound is expected to hold a major market share of XX% in 2018 due to the growing ageing population, cases of diabetes and obesity, and road injury accidents. Besides, the high prevalence of pressure ulcers and venous leg ulcers in the geriatric population can be due to the increasing incidence of diabetes and diabetic foot ulcers. Adoption of advanced dressings is increased by benefits such as moisture wound healing, non-adherent design, and bacterial barrier. Besides, new product launches and new dressing developments are reinforcing segment growth over the forecast period.

Hospitals segment to grow with the highest CAGR during 2019-30

Global Wound Dressing Market is segmented by End-User into Hospital and Homecare. Hospital category accounted for the largest size in the 2018 Global Wound Dressing Market. Factors such as the increasing prevalence of surgical and chronic wounds; the increasing incidence of associated SSIs and HAIs; and the increasing incidence of burn injuries can be due to the significant share of this category. The rising incidence of wound ulcers and surgical wounds has led to increased demand for Wound Dressing products for wound management and decreased hospital stay time.

Global Wound Dressing Market: Market Dynamics

Drivers

Increasing patient pool

Growing geriatric population, increasing number of diabetes patient globally, rising occurrence of wound ulcer and surgical wounds, growing research and development activities, introduction of novel treatments for advanced wounds, favorable reimbursement scenario, and technological advancement in wound dressing products are the key factors enhancing the growth of the global Wound Dressing market. Diabetic patients are at greater risk of developing diabetic foot ulcers, a form of chronic wound that involves the use of wound dressings for care. It is predicted that the growing prevalence of diabetes will lead to a rise in the incidence of diabetic foot ulcers, thereby driving the growth of the demand for wound dressing during the forecast period.

Technological Advancement and Initiatives are taken to improve healthcare systems

The numerous developments in wound dressing applications are also a significant contributor to the market's overall growth. The advances in wound dressings have led to a move from basic dressings to advanced pharmaceutically active ingredient products and devices. Wound dressings have been improved to such an extent that, while actively encouraging wound healing, they now retain a moist wound environment. Besides, new treatments such as radiation therapy, electrical stimulation, nanotechnology, and the use of silver and other hybrid bandages are being introduced to improve the industry as a whole. These developments provide patients with greater relief during any trauma recovery are creating demand and are high impact rendering drivers for the overall market.

Restrain

High cost of Wound Dressing products

Global wound dressing market growth over the forecast period is expected to be affected by challenges in the wound dressing market, such as product recalls, the availability of alternative products, and the high cost of wound dressing products. Product malfunction, component inconsistency, and packaging issues are responsible for a growing amount of product recalls. Although, as compared to conventional wound dressings, the cost of care with advanced wound dressings often becomes double.

Global Wound Dressing Market: Key Players

3M Company

Company Overview

Business Strategy

Key Product Offerings

Financial Performance

Key Performance Indicators

Risk Analysis

Recent Development

Regional Presence

SWOT Analysis

Acelity L.P. Inc. (Kinetic Concepts, Inc.)

B. Braun Melsungen AG

Cardinal Health, Inc

Coloplast A/S

ConvaTec Group Plc

Integra Lifesciences

Molnlycke Health Care

Medtronic PLC

Paul Hartmann AG

Smith & Nephew

Global Wound Dressing Market: Regions

Global Wound Dressing Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC, and MENA.

Global Wound Dressing Market in North America held the largest market share of XX.X% in the year 2018 and is expected to hold the dominant position in the global wound dressing market over the forecast period due to increasing product launches of wound dressing equipment, the increasing prevalence of chronic wounds, and the strategic alliance between key players. Besides, due to the growing prevalence of burn cases in Europe, the European market is expected to exhibit growth over the forecast period. This will increase the demand for care in this area, which, in turn, is expected to fuel market growth.

Competitive Landscape:

Global Wound Dressing market, which is highly competitive, consists of several major players. Companies, such as Convatec, Integra, Smith and Nephew Hartmann and Coloplast, hold a substantial market share in the global wound dressing market. Other players analyzed in this report are 3M Company, Smith & Nephew, Medtronic Plc., Mölnlycke Healthcare (A Part of Investor AB), Paul Hartmann, Cardinal Health, Mimedx Group, Convatec Group, Integra Lifesciences Holdings Corp., and Acelity L.P. Inc among others

Recently, various developments have been taking place in the market. For instance, In June 2018, Acelity L.P. Inc., acquired Crawford Healthcare, to expand its product portfolio of advanced wound dressings.

Global Wound Dressing Market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe

APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC

MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

Global Wound Dressing Market report also contains analysis on:

Global Wound Dressing Market Segments:

By Type:

Advanced Wound Dressing

Foam

Hydrocolloid

Alginate

Film

Collagen

Traditional

By Application:

Surgical

Traumatic

Ulcers

Burns

By End User:

Hospital

Homecare

Wound Dressing Market Dynamics

Wound Dressing Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

Contents

1. Executive Summary

2. Global Wound Dressing Market

2.1. Product Overview

2.2. Market Definition

2.3. Segmentation

2.4. Assumptions and Acronyms

3. Research Methodology

3.1. Research Objectives

3.2. Primary Research

3.3. Secondary Research

3.4. Forecast Model

3.5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

6.1. Growth Drivers

6.2. Restraints

6.3. Opportunity

6.4. Trends

7. Correlation & Regression Analysis

7.1. Correlation Matrix

7.2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

9.1. Demand Risk Analysis

9.2. Supply Risk Analysis

10. Global Hospital Beds Market Analysis

10.1. Porters Five Forces

10.1.1. Threat of New Entrants

10.1.2. Bargaining Power of Suppliers

10.1.3. Threat of Substitutes

10.1.4. Rivalry

10.2. PEST Analysis

10.2.1. Political

10.2.2. Economic

10.2.3. Social

10.2.4. Technological

11. Global Wound Dressing Market

11.1. Market Size & forecast, 2019A-2030F

11.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12. Global Wound Dressing Market: Market Segmentation

12.1. By Regions

12.1.1. North America:(U.S. and Canada)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.2. Europe: (Brazil, Mexico, Argentina, Rest of Latin America)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.3. Asia-Pacific: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.4. LATAM: (Brazil, South Africa, Saudi Arabia, U.A.E. and Other Countries)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.5. MEA: (Brazil, South Africa, Saudi Arabia, U.A.E. and Other Countries)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2. By Type: Market Share (2020-2030F)

12.2.1. Advanced Wound Dressing, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.2. Wound Therapy Device, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.3. Active Wound Care, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3. By Application: Market Share (2020-2030F)

12.3.1. Surgical, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.2. Traumatic, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.3. Ulcers, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.4. Burns, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4. By End-User: Market Share (2020-2030F)

12.4.1. Hospital, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4.2. Homecare, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

13 Company Profile

13.1. 3M Company

13.1.1. Company Overview

13.1.2. Company Total Revenue (Financials)

13.1.3. Market Potential

13.1.4. Global Presence

13.1.5. Key Performance Indicators

13.1.6. SWOT Analysis

13.1.7. Product Launch

13.2. Acelity L.P. Inc. (Kinetic Concepts, Inc.)

13.3. B. Braun Melsungen AG

13.4. Cardinal Health, Inc

13.5. Coloplast A/S

13.6. ConvaTec Group Plc

13.7. Integra Lifesciences

13.8. Molnlycke Health Care

13.9. Medtronic PLC

13.10. Paul Hartmann AG

13.11. Smith & Nephew

13.12. Other Prominent Players

14 Consultant Recommendation

**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)