PUBLISHER: KBV Research | PRODUCT CODE: 1374195
PUBLISHER: KBV Research | PRODUCT CODE: 1374195
The Asia Pacific Moist Wound Dressings Market would witness market growth of 6.3% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 273.4 million Units, showcasing a growth of 5.8% (2019-2022).
The development of innovative treatments, such as electromagnetic therapy, stimulation with electricity, nanotechnologies, and silver and other combination dressings, is driving market expansion. These developments improve wound care and, consequently, increase product adoption. The ability of these dressings to modulate moisture at the wound site, which promotes tissue regeneration and reduces infection and pain, is a significant market development. Innovative products promote market expansion by facilitating wound protection, exchange of gases, antibacterial protection, insulation from heat, and exudate absorption.
In addition, the rising incidence of burn injuries is anticipated to increase demand. The genetic population is vulnerable to injuries and chronic lesions, such as venous leg ulcers and pressure ulcers, which will boost market growth in the coming years. Due to the increase in burn injuries, emerging regions such as Southeast Asia are expected to experience significant growth. Increasing disposable income heightened awareness of these dressing products, and the availability of higher-quality products in these regions also contributed to the expansion of the market.
The market in the Asia-Pacific region is driven by several factors, including the growing prevalence of chronic wounds, an aging population, increasing awareness about advanced wound care products, and improving healthcare infrastructure. There is a growing awareness among healthcare professionals and patients in the Asia Pacific region about the benefits of moist wound dressings. Approximately 67 percent of all accidental fatalities occur between 18 and 45, making this age range the most vulnerable. Due to the growing number of road accidents, the market will grow rapidly in the region.
The China market dominated the Asia Pacific Moist Wound Dressings Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $414.3 million by 2030. The Japan market is anticipated to grow at a CAGR of 5.6% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 6.9% during (2023 - 2030).
Based on Application, the market is segmented into Chronic Wounds (Diabetic Foot Ulcers, Pressure Ulcers, Venous Leg Ulcers, and Others), and Acute Wounds (Surgical & Traumatic Wounds, and Burns). Based on End-use, the market is segmented into Hospitals, Specialty Clinics, Home Healthcare, and Others. Based on Product, the market is segmented into Foam Dressings, Film Dressings, Hydrogel Dressings, Alginate Dressings, Hydrocolloid Dressings, Collagen Dressings, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Coloplast Group, Medline Industries, Inc., Smith & Nephew PLC, Convatec, Inc., Essity AB, Integra LifeSciences Holdings Corporation, Cardinal Health, Inc., Molnlycke Health Care AB, 3M Company, B. Braun Melsungen AG
Market Segments covered in the Report:
By Application (Volume, Million Units, USD Million, 2019-2030)
By End-use (Volume, Million Units, USD Million, 2019-2030)
By Product (Volume, Million Units, USD Million, 2019-2030)
By Country (Volume, Million Units, USD Million, 2019-2030)
Companies Profiled
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