Absorbent Dressings Market Size and Forecast 2024-2033| 3M Company, MPM Medical Inc., Alliqua BioMedical Inc., DeRoyal Industries Inc., Smith & Nephew PLC

Overview and Scope

An absorbent dressing is made up of super absorbent polymer using materials like Iodine gel, fibrous fabric, alginate, sodium chloride, calcium, and other compounds to protect wounds from the external environment and absorbs the moisture of the wounds.

Sizing and Forecast

The absorbent dressings market size has grown rapidly in recent years. It will grow from $7.92 billion in 2023 to $8.73 billion in 2024 at a compound annual growth rate (CAGR) of 10.2%. The growth in the historic period can be attributed to regulatory frameworks, customization in wound care solutions, aging population demographics, rising incidence of chronic diseases.

The absorbent dressings market size is expected to see rapid growth in the next few years. It will grow to $12.82 billion in 2028 at a compound annual growth rate (CAGR) of 10.1%. The growth in the forecast period can be attributed to global healthcare infrastructure development, focus on wound healing properties, patient-centric solutions, home healthcare market growth, heightened infection control measures.. Major trends in the forecast period include wound care advancements, rise in surgical procedures, prevalence of chronic wounds, patient preference for comfort and convenience, demand from home healthcare settings.

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Segmentation & Regional Insights

The absorbent dressings market covered in this report is segmented –

1) By Product: Non-Adherent, Adherent, Low-Adherent

2) By Application: Hospital, Clinic, Home Care

3) By End-User: Inpatient Facilities, Outpatient Facilities

North America was the largest region in the absorbent dressings market in 2023, and is expected to be the fastest-growing region in the forecast period. The regions covered in the absorbent dressings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth

Rising chronic wounds are expected to propel the growth of the absorbent dressings market going forward. Chronic wounds refer to wounds that fail to proceed through the normal phases of wound healing on time. Absorbent dressing helps to absorb wounds, exudate, and manage the wounds caused by surgical incisions, burns, accidents, diabetic wounds, skin grafts, and venous ulcers. For instance, in December 2022, according to the Mission Regional Medical Center, a US-based medical facility, it is estimated that 6.7 million people currently live with chronic wounds and that number is expected to grow at more than 2% for the next decade. Therefore, rising chronic wounds are driving the growth of the absorbent dressings market.

Key Industry Players

Major companies operating in the absorbent dressings market report are 3M Company, MPM Medical Inc., Alliqua BioMedical Inc., DeRoyal Industries Inc., Smith & Nephew plc, Coloplast A/S, Johnson & Johnson, B. Braun Melsungen AG, Mölnlycke Health Care AB, Brightwake Limited, Hollister Incorporated, Integra LifeSciences Holdings Corporation, DermaRite Industries LLC, Birchwood Laboratories Inc., Medline Industries Inc., Acelity L.P. Inc., Argentum Medical LLC, ConvaTec Inc., Derma Sciences Inc., HARTMANN GROUP, Lohmann & Rauscher International GmbH & Co. KG, Medtronic plc, Nitto Denko Corporation, Paul Hartmann AG, Systagenix Wound Management Ltd., Urgo Medical Ltd., Winner Medical Co. Ltd., 4L Health Co. Ltd., Aso LLC, Gentell Inc., Essity AB, Adynxx Inc., BSN Medical GmbH

The absorbent dressings market report table of contents includes:

1. Executive Summary

2. Absorbent Dressings Market Characteristics

3. Absorbent Dressings Market Trends And Strategies

4. Absorbent Dressings Market – Macro Economic Scenario

5. Global Absorbent Dressings Market Size and Growth

26. South America Absorbent Dressings Market

27. Brazil Absorbent Dressings Market

28. Middle East Absorbent Dressings Market

29. Africa Absorbent Dressings Market

30. Absorbent Dressings Market Competitive Landscape And Company Profiles

Top Major Players: