Market Overview 2022-2027
The latest research study “Silver Wound Dressing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds 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.
Industry Definition and Application:
Silver wound dressings are effective anti-microbial topical wound care products obtained from ionic silver. The metal in ionized form exhibits enhanced antifungal and anti-microbial properties that assist in treating infected wound dressing and preventing infection. Barrier layers, foam dressings, hydrocolloids, and charcoal cloth dressings are commonly available silver dressings. They are employed as primary or secondary dressings to manage minimal, heavy, or moderate exudate in chronic wounds, including surgical wounds, leg ulcers, diabetic foot ulcers, and burns, while reducing wound bioburden and preventing systemic spread. As a result, the silver wound dressing is widely utilized in clinics, home healthcare, and hospitals across the globe.
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Covid-19 Impact:
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.
Silver Wound Dressing Market Trends and Drivers:
The market is primarily driven by the increasing incidences of chronic ailments such as cancer, diabetes, and cardiovascular disease (CVDs) across the globe. In addition, the widespread adoption of silver wound dressings to prevent surgical site infections and enable rapid healing is contributing to the market growth. For instance, it is used in most surgical wounds that occur from post-cancer surgery that are large and deep, release exudates, and require regular management to minimize infection. Moreover, the growing cases of road accidents and traumatic events are accelerating the demand for rapid wound-healing products and replacing traditional wound care and closure products across the globe.
Besides this, the rising awareness regarding advanced wound care products and increasing demand for medical tapes and bandages to treat burn injuries represent another major growth-inducing factor. Furthermore, extensive research and development (R&D) activities conducted by key players, the emerging trend of home healthcare, and continuous improvement in healthcare infrastructure are creating a positive market outlook across the globe.
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List of Major Key Players:
- 3M Company
- Advanced Medical Solutions Group plc
- Coloplast A/S
- ConvaTec Group plc
- Ferris Mfg. Corp.
- Hollister Incorporated
- B. Braun Melsungen AG
- Cardinal Health Inc.
- Integra LifeSciences
- Medline Industries LP
- Mölnlycke Health Care AB
- Smith & Nephew plc.
Report Segmentation:
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
- Others
Breakup by Disease:
- Ulcers
- Burns
- Cuts and Lacerations
- Others
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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