Analysis of Antimicrobial Dressing market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
The antimicrobial dressing market is expanding at a rapid pace, and it is predicted to increase at a healthy CAGR between 2021 and 2031. Its demand is primarily in the healthcare industry due to wound care, and with the rising prevalence of diseases such as different ulcers, burns, infections, and others, its market growth is predicted to be primarily in the healthcare industry.
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The solution for skin diseases will be required at all the time. The advanced solutions for rapid healing and relief will drive the market for antimicrobial dressing. Also according to WHO, the number of deaths because of burns counts to 1,80,000 per year which would drive the market growth of antimicrobial dressing.
Globally patients above the age of 60 are more susceptible to wound care management and they are high in numbers. Since their skin is old, gets easily damaged, and isn’t able to multiply the cells easily a better advanced antimicrobial dressing is what they need.
Apart from these, the major changes in technology, science have pushed in deriving better antimicrobial dressing solutions for the patients. Model technologies like electromagnetic therapy, nanotechnology, electrical stimulation are also driving and pushing the market of antimicrobial dressing to come up with more advanced solutions in wound care management.
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The Covid-19 pandemic has ruptured the medical infrastructure of most of the countries. It has exposed the vulnerabilities and limitations of healthcare all around the world. Due to the sudden changes in the healthcare premises, professionals have tried to decrease the risk of infections with physical touch by equipping the medical frontliners and patients with critical resources like PPE kits.
They are primarily treating the covid-19 affected patients and all others treatments are being held as secondary. A lot of hospitals around the world have put a hold on those surgeries for a short period of time, due to which the use of wound care management and antimicrobial dressing has come to a halt. The sale of these products has decreased a little. But after the pandemic, it is expected to gain the same or better market growth rate.
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US is the major market of antimicrobial dressing globally before Canada. The US has a dominant share in North America as well in the world. The lion’s share of the global market revenue is shared by the US and Canada combined. This is due to the presence of large numbers of chronic wound patients such as diabetic foot ulcers, pressure ulcers, etc. Owing to the above-mentioned factors, the presence of inflated numbers of geriatric population and increasing awareness among patients has led to dominance in the market share.
In Canada, the awareness among citizens about wound care management is high. The presence of older people above the age of 55 is also more than compared to other countries. Also, Canada has a good medical infrastructure, hence they are the major market players of this market.
With the increased awareness and better medical infrastructure in both countries, the usage of this product and demand for advanced antimicrobial wound solutions is only increasing. Various new products using the application of antimicrobial dressing are coming into the market, leading the growth of it in a very positive direction.
The second-biggest market by region after North America in antimicrobial dressing is Europe. The antimicrobial dressing industry is a rapidly growing industry. The market growth of it in well-established healthcare systems is pretty high. Europe is one of the leaders in the healthcare system globally, it is evident of it to be one of the key market players in this market.
Europe is facing an increased number of patients with diabetes, a bad lifestyle, and a major aging population, hence the demand for it has increased significantly. Also, the sales of advanced antimicrobial dressing are also picking up the pace in Europe, but the higher cost of it is a major hindrance in the growth of advanced antimicrobial dressing solutions.
The stronger economical countries of Europe have only seen the upward trend in the growth of not only conventional antimicrobial dressing but also advanced antimicrobial dressing solutions. The countries like UK, Germany, Italy, France, etc are some of those countries.
There are many manufacturers and suppliers of antimicrobial dressing globally. Some of the key manufacturers and suppliers are 3M
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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The antimicrobial dressing market is growing at a significant rate. It is expected to witness a decent CAGR in the forecasted period of 2021-2031.
The technologies like electromagnetic therapy, nanotechnology, electrical stimulation are driving and pushing the market of antimicrobial dressing to come up with more advanced solutions in wound care management.
3M, ConvaTec, Smith & Nephew, Colopost, Molnlycke Health Care, Axio Biosolutions, Argentum Medical, Aspen Surgical, B. Braun Melsungen, Integra Lifesciences are the leading players operating in the Antimicrobial Dressing market.
The US has a dominant share in North America as well in the world.
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