Antimicrobial Wound Dressings Market Size & Share, by Product (Silver Dressings, Povidone-Iodine Dressings, PHMB Dressings, Others); Application (Antimicrobial Wound Dressings for Chronic Wounds, Antimicrobial Wound Dressings for Acute Wounds); End-Use (Hospitals, Outpatient Facilities, Home Care, Research & Manufacturing) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 2856
  • Published Date: Jan 18, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Antimicrobial Wound Dressings Market size is estimated to surpass USD 5 Billion by the end of 2036, expanding around 7% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of antimicrobial wound dressings was USD 2 Billion. The growth of the market is poised to rise on account of the rising prevalence of chronic wounds. According to reports, 1-2% of individuals in affluent nations would at some point in their lives get chronic wounds. Hence, the demand for antimicrobial wound care dressing is set to rise.

Global healthcare systems confront a great deal of difficulty in managing wounds, requiring for a multidisciplinary approach. In particular, chronic wounds impose a significant financial strain on healthcare systems because they necessitate costly, time-consuming interventions, frequent trips to the doctor, and the possibility of complications including infections, amputations, or hospital stays. Hence, furthermore, a recent study that documented Medicare costs that ranged from USD 28.1 billion to USD 96.8 billion for different types of wounds highlighted the significant financial ramifications of wound treatment. Notably, in comparison with inpatient expenditures, which varied from USD 5.0 billion to USD 24.3 billion, outpatient service costs were anticipated to be between USD 9.9 billion and USD 35.8 billion higher. As a result, the market for antimicrobial wound dressings is estimated to increase with the rise in expenses on wound care. 


Antimicrobial Wound Care Dressings Market
Get more information on this report: Request Free Sample PDF

Antimicrobial Wound Dressings Sector: Growth Drivers and Challenges

Growth Drivers

  • Surge in Road Accidents - According to the World Health Organization, approximately 1.19 million people lost their lives in crashes involving cars each year. There are also an additional 20 to 50 million non-fatal injury cases, many of which result in disability. Accidents through skin injuries represent an additional challenge since wound healing is a difficult and time-consuming process. Acute wounds have a tendency to progress from acute to chronic, so in order to successfully reintegrate these wounds into the healing cascade, the physician needs to have a comprehensive awareness of external therapies. This is why with the surge in prevalence of accidents the market is also projected to experience surge.
  • Rising Hospital Acquired Infection - Most of the hospital acquired infection is spread during surgeries. According to WHO, currently, seven individuals in high-income nations and fifteen patients in low- and middle-income countries are susceptible to at least one health care-associated infection (HAI) throughout their hospital stay out of every 100 patients in acute-care hospitals. One in ten patients who are impacted are going to, on average, pass away from their HAI. An organ (such as the skin) or tissue might suffer a simple or serious problem from a wound, which may then spread across other tissues and anatomical structures (such as subcutaneous tissue, muscles, tendons, nerves, arteries, and even the bone). Without a doubt, the skin is the organ in the human body (HB) most vulnerable to damage and injury, burns, and scratches. The HB's ability to shield the body from the outside world is compromised by harm to the epithelium and connective tissues. Moreover, hospital-acquired infection could make the situation worse which is why the market demand is on surge.
  • Growth in Technological Advancement in Antimicrobial Wound Dressing - In light of the fact that nanoparticles offer fewer side effects and are less likely to induce germ resistance than antibiotics, they offer a great deal of potential as ingredients in wound dressings. This enables the use of them to stop the spread of microorganisms that are resistant to drugs. It has been established that a number of characteristics, including biocompatibility, nontoxicity, porosity, and air and vapor permeability, must exist for skin-regenerating and wound-healing dressings to be employed in clinical practice. They additionally have to be able to mimic the structure of the extracellular matrix, maintain a moist environment on the wound surface, absorb exudates, and have antibacterial properties. Therefore, this advancement in technology is set to have significant growth in the market.

Challenges

  • High Cost of Antimicrobial Wound Dressings Market
  • Rise in Availability of Substitute - One method used to remove infection and remove fluid from a wound in order to speed up healing is referred to as negative pressure wound therapy. A thin vacuum pump has been attached and a specialty dressing is firmly placed across the incision. Negative pressure wound treatment is advised for individuals with blisters, pressure ulcers, diabetic ulcers, chronic (long-lasting) wounds, and injuries. Additionally, doctors prefer NPWT over traditional or antimicrobial-based dressings since it works effectively for treating wounds. Both industrialized and underdeveloped nations have embraced them extensively. For instance, NPETP is commercially made available in countries including India, Brazil, China, and South Africa. It is easy for both urban and rural communities to adopt certain low-cost, proprietary technology. Although some nations lack coverage for this, NPWT is extensively used in healthcare due to the patient's wounds healing more quickly. Hence, this factor might restrict the expansion of market.
  • Lack of Awareness Among People

Antimicrobial Wound Dressings Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~7%

Base Year Market Size (2023)

~ USD 2 Billion

Forecast Year Market Size (2036)

~ USD 5 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
Get more information on this report: Request Free Sample PDF

Antimicrobial Wound Dressings Segmentation

End-Use (Hospitals, Outpatient Facilities, Home Care, Research & Manufacturing)

The hospital segment is expected to hold 40% share of the global antimicrobial wound dressings market by 2036. This is set to be influenced by growth in several hospitals. It is expected that there will be over 164,000 hospitals worldwide in 2021. It is anticipated that as hospitals rise, consequently will the number of procedures. Postoperative site infections may lead to a rise in the usage of antimicrobial wound dressings in hospital settings, which may help the sector dominate the market in the upcoming years.

Our in-depth analysis of the global antimicrobial wound dressings market includes the following segments:

     Product

  • Silver Dressings
  • Povidone-Iodine Dressings
  • PHMB Dressings
  • Others

     Application

  • Antimicrobial Wound Dressings for Chronic Wounds
  • Antimicrobial Wound Dressings for Acute Wounds

     End-Use

  • Hospitals
  • Outpatient Facilities
  • Home Care
  • Research & Manufacturing

Want to customize this research report as per your requirements? Our research team will cover the information you require to help you take effective business decisions.

Customize this Report

Antimicrobial Wound Dressing Industry - Regional Synopsis

North American Market Forecast

The North America antimicrobial wound dressings market is poised to rise by capturing a share of over 35% in the coming years. This growth is set to be dominated by rising chronic diseases. One or more chronic illnesses, such as diabetes, cancer, heart disease, or stroke, affect six out of ten Americans. This region has observed a significant rise in sedentary lifestyle adoption. Certain unhealthy behaviors, such as smoking, not exercising, eating poorly, and drinking too much alcohol, are important causes of the most common chronic illnesses in the region. Furthermore, this region has consisted of key players in the field of antimicrobial wound dressings market which is why the launch of new products is growing in this region.

APAC Market Analysis

The Asia Pacific antimicrobial wound dressings market is estimated to have notable growth in the coming years. This region has experienced a rise in the medical tourist population. This is owing to the availability of cost-effective treatment and availability of professionals. The top countries in this field are Malaysia, Thailand, Japan, and Singapore, which offer innovative and high-quality healthcare to tourists from around the world. The market demand in the region for antimicrobial wound dressing is also projected to grow over the forecast period.

Research Nester
Antimicrobial Wound Care Dressings Market size
Get more information on this report: Request Free Sample PDF

Companies Dominating the Antimicrobial Wound Dressings Landscape

top-features-companies
    • Amferia AB
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • 3M
    • Smith & Nephew
    • Cardinal Health
    • Convatec, Inc.
    • B. Braun SE
    • Coloplast Corp.
    • McKesson Corporation
    • Mölnlycke Health Care AB
    • Paul Hartmann AG

In the News

  • Amferia and Orkla Wound Care have inked an exclusive three-year licence and purchase agreement that covers the Nordic region, Germany, Spain, and Portugal, with the option for an extension. Through the joint venture with Orkla Wound Care, Amferia's technology will be able to reach the larger European veterinary market, where wound care and infection prevention are critical. This will be done through Orkla's premier brand, Snögg Animal Care.
  • Researchers and engineers at RMIT University in Australia have developed smart wound dressings with built-in sensors to monitor the healing process and reduce inflammation.
  • If an infection begins, the fluorescent nanosensors glow under ultraviolet (UV) light.

Author Credits:  Radhika Gupta, Shivam Bhutani


  • Report ID: 2856
  • Published Date: Jan 18, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factors driving the growth of the market are a surge in road accidents, rising hospital acquired infection, and growth in technological advancement in antimicrobial wound dressings.

The market size of antimicrobial wound dressings is anticipated to attain a CAGR of 7% over the forecast period, i.e., 2024-2036.

The major players in the market are Amferia AB, 3M, Smith & Nephew, Cardinal Health, and others.

The hospitals segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North America region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Antimicrobial Wound Dressing Market Report Scope
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying