Hydrocolloids Wound Dressing Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The global hydrocolloid wound dressing market is anticipated to grow at a significant CAGR of 5.4% during the forecast period (2022-2028). Hydrocolloids are occlusive, waterproof dressings that are generally indicated for superficial wounds with low amounts of drainage. The global hydrocolloid wound dressing market is growing due to the increasing street accidents globally. According to the article published by the Association for Safe International Road Travel in 2021, an estimation of 1.35 million people die in road crashes each year and around 3,700 people lose their lives every day due to such accidents. Moreover, around 20-50 million suffer non-fatal injuries, often resulting in long-term disabilities.

The advancement and development in the field of medical devices and services associated with dressing is alsoanticipated to propel the growth of the global hydrocolloid wound dressing market duringthe forecast period. Furthermore, the increasing number of cardiovascular diseases, neurovascular diseases, and glaucoma will also boost the use of hydrocolloid wound dressing devices in specific surgeries. The rise in the number of cardiovascular diseases increases the demand for open heart surgery which is likely to expand the global hydrocolloids wound dressing market duringthe forecast period.

Some of the major players in the market include Smith & Nephew plc, Lohmann & Rauscher GmbH & Co. KG, 3MCo., Coloplast, Coloplast Corp., ConvaTec Inc., and Essity Medical Solutions among others. The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new drug launches, to stay competitive in the market.

Market Coverage

• The market number available for – 2022-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Smith & Nephewplc, 3M, Lohmann & Rauscher GmbH & Co. KG, Coloplast, Coloplast Corp., ConvaTec Inc., and Essity Medical Solutions among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Hydrocolloids Wound Dressing Market Report by Segment

By Type

• Amorphous Hydrogel Dressing
• Impregnated Gauze
• Hydrogel Sheets

By Application

• Hospitals
• ASCs
• Homecare