Between 2023 and 2033, the global Anti-biofilm Wound Dressing Market demand is estimated to grow at a 9.5% CAGR, from US$ 782.60 million in 2023 to more than US$ 1939.45 million by 2033. In the future years, the prevalence of chronic and acute wounds is predicted to climb, raising the demand for Anti-biofilm Wound Dressings.
Tobacco and alcohol use, as well as antibiotic resistance and unhealthy sedentary lifestyles, all contribute to the rising noncommunicable disease burden. This is due to the increasing prevalence of chronic diseases such as diabetes, cancer, and autoimmune diseases.
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Other factors influencing market growth include developing-country healthcare infrastructure expansion and technological breakthroughs in wound care. Promotion of wound care by healthcare providers and other key stakeholders.
“Telehealth has played a key role in the strong recovery of the wound care market. Various healthcare providers have developed telehealth platforms to effectively manage patients with chronic and acute wounds.” says a lead analyst at Future Market Insights.
Key Takeaways from Market Study
- The market for Anti-biofilm Wound Dressing is estimated to develop at a CAGR of 9.5% during the forecast period.
- According to predictions, the North America Anti-biofilm Wound Dressing market will stay robust over the forecast period.
- The acute wound segment dominated the market and is expected to increase at a 9.3% CAGR in the next years.
Competitive Landscape
Several prominent companies dominate this market, including ConvaTec, Smith & Nephew PLC, Urgo Medical, Coloplast, and 3M.
Anti-biofilm Wound Dressing has developed significantly in the industry through partnerships, acquisitions, and research and development. These strategies have resulted in major developments.
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Recent Developments:
- Convatec Inc. paid US$ 450 million for Triad Life Sciences Inc. in March 2022. This acquisition was made to expand the company’s portfolio of biomedical solutions for surgical and chronic wounds.
- In April 2021, the FDA approved Imbed Biosciences’ antimicrobial matrix product, Microlyte Matrix. The product is suitable for treating surgical, traumatic, and chronic wounds.
- ConvaTec Group Plc (ConvaTec) developed a new medicine called “ConvaMax” in January 2020 for the treatment of diabetic foot ulcers, pressure ulcers, leg ulcers, and dehisced surgical wounds. The solution is also available in non-adhesive versions, providing for complete flexibility when it comes to incorporating compression bands and other major dressings.
- In January 2018, Imbed Biosciences introduced the market with Microlyte Ag after raising over US$ 1.6 million to research silver-based Anti-biofilm Wound Dressings.
- As a result of this acquisition, Smith & Nephew PLC expanded its product portfolio for advanced wound management, increasing its market share and customer base. In April 2019, the company acquired Osiris Therapeutics, Inc., a regenerative medicine company. As a result of this acquisition, the company will boost its growth by expanding its product portfolio for advanced wound management.
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Anti-biofilm Wound Dressing Market Segmentation by Category
By Mode of Mechanism:
- Physical
- Chemical
- Biological
By Wound Type:
- Chronic Wounds
- Acute Wounds
By End User:
- Hospitals and Clinics
- Surgical Centers
- Other End users
About Future Market Insights, Inc.
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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