According to the latest report by IMARC Group, “Global Silver Wound Dressing Market Size, Share, Growth, Industry Trends, Opportunity and Forecast 2022-2027“, 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.
Silver wound dressings refer to the topical wound care products that are used for managing moderate, minimal, or heavy exudate in acute wounds, including leg ulcers, diabetic foot ulcers, pressure ulcers, etc. In addition to this, they are commonly available in the form of barrier layers, foam dressings, charcoal cloth dressings, hydrocolloids, etc. Silver wound dressings can also be utilized under compression or with select topical and adjunctive therapies to minimize the bacterial load. As a result, they are gaining extensive traction across the healthcare industry for reducing infections.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
| Report Metric |
| Historical: 2016-2021 |
| Base Year: 2021 |
| Forecast Year: 2022-2027 |
Silver Wound Dressing Market Trends and Drivers:
The increasing prevalence of chronic burns is primarily driving the silver wound dressing market. Moreover, the rising number of patients undergoing surgeries is propelling the product demand for preventing surgical site infections and promoting faster wound healing. This, in turn, is catalyzing the global market. Additionally, the shifting consumer preferences from traditional wound care and closure items towards silver wound dressings that offer a wide range of antimicrobial activity and alter metalloproteinases are stimulating the market growth.
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Besides this, the launch of numerous favorable policies by government bodies across the countries aimed at improving healthcare infrastructures is also acting as another significant growth-inducing factor. Furthermore, the leading manufacturers are developing new and innovative variants to expand their product portfolio and gain a competitive edge, which is projected to fuel the silver wound dressing market in the coming years.
Global Silver Wound Dressing Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
3M Company, Advanced Medical Solutions Group plc, B. Braun Melsungen AG, Cardinal Health Inc., Coloplast A/S, ConvaTec Group plc, Ferris Mfg. Corp., Hollister Incorporated, Integra LifeSciences, Medline Industries LP, Mölnlycke Health Care AB and Smith & Nephew plc.
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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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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