Noida, Uttar Pradesh Dec 7, 2022 (Issuewire.com) - According to the global silver wound dressing market report by IMARC Group, find that the global 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 growth rate (CAGR) of 5.30% during 2022-2027.
What is Silver Wound Dressing?
Silver wound dressings are topical wound care solutions that provide antimicrobial and antibacterial action by releasing a steady amount of silver into the wound. They are available in the form of hydrocolloids, foam dressings, charcoal cloth dressings, and barrier layers. They can be used as primary or secondary dressings to treat mild, moderate, or heavy exudate in acute and chronic wounds, including burns, surgical wounds, leg ulcers, pressure ulcers, and diabetic foot ulcers. In recent years, silver wound dressings have gained immense traction in the healthcare industry to treat acute or chronic wounds with or at the risk of bioburden or local infection.
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Year considered to estimate the market size:
- The base year of the analysis: 2021
- Historical period: 2016-2021
- Forecast period: 2022-2027
Impact of COVID-19:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
What are the major market drivers in the silver wound dressing market?
The global silver wound dressing market is primarily driven by the growing awareness regarding advanced wound care treatment and the rising incidences of chronic wounds and burns. Moreover, the surging adoption of silver wound dressings due to the increasing number of patients undergoing surgeries to prevent surgical site infections and promote faster wound healing is positively influencing the market growth. Additionally, silver wound dressings are rapidly replacing traditional wound care and closure products as they help prevent and reduce infections, provide a wide range of antimicrobial activity, and alter metalloproteinases within wounds, which is another major growth-inducing factor.
Furthermore, the launch of innovative product variants by key players to expand their product portfolio and gain a competitive advantage is contributing to the market growth. Other factors, including increasing road accidents, the rising geriatric population, ongoing research and development (R&D) activities, and technological advancements, are also anticipated to propel the market growth.
Who are the key players in the silver wound dressing 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.
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Key Market Segmentation:
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
- 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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