Press Release

Silver Based Wound Dressing Market Growth to Be Supported by Rising Prevalence of Chronic and Acute Wound Surgeries Through 2028

Increase in the Prevalence of Chronic wound injuries across the world is expected to drive the growth of global silver-based wound dressing market during the forecast period, 2024-2028.


According to TechSci Research report, “Silver Based Wound Dressing
Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, the global silver based wound dressing market is anticipated to grow at a significant rate during the forecast period, 2024-2028. The growing prevalence of underlying conditions such as diabetes and hypertension correlate with stiffer blood vessels which cause slower circulation and microvascular dysfunction, causing reduced tissue oxygenation that drives the global silver- based wound dressing. Diabetes is also associated with poor circulation, which further compounds the problem, because strong circulation is needed for red blood cells to deliver nutrients to the wound. This leaves the wound vulnerable to infection and deficient in the nutrients it needs to heal. Furthermore, increase in awareness about moderate wound surgeries and technological advances in wound healing methods is also fueling the demand for the global silver-based wound healing market.

Certain types of wound dressings have been linked to secondary injuries due to their strong adhesion. During the body’s healing process, granulating tissue forms within the wound cavity. At this stage, the wound bed is highly fragile and must be handled with care. When a high-adhesion product is removed, this not only causes pain to the patient but can disrupt this tissue growth and damage new capillaries, thus delaying the healing process further. It is estimated that impaired healing of diabetic wounds affects approximately 25% of all patients with diabetes mellitus, often resulting in lower limb amputation, with subsequent high economic and psychosocial costs. Another wound care challenge is fiber loss or fraying. Particulates enter the wound because of fraying. This increases the time required to clean the wound and increases the risk of infection. However, the market's expansion in the coming years may be hampered by strict regulatory approvals, a lack of awareness, high treatment costs, and a shortage of qualified professionals.


Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Silver Based Wound Dressing Market"


The global kidney function tests market is segmented into product type, dressing type, mechanism, application, and end user.

Based on product type, the market is further divided into hydrofiber silver dressing, nanocrystalline silver dressing, silver plated nylon fiber dressing, silver nitrate dressing, and others. The nanocrystalline silver dressing segment is expected to grow during the forecast period. Nanocrystalline silver used on humans for wound management is cost effective, reduces burn wound incidence, decreases pain levels during dressing changes, decreases the frequency of dressing changes, and decreases the matrix metalloproteinase activity.

Based on dressing type, the market is further categorized into fibrous gauze, film, foam, hydrogel, and others. Fibrous gauze dominates the segment due to the reason that gauze dressings made from woven and non-woven fibers of cotton, rayon, polyesters afford some sort of protection against bacterial infection. Some sterile gauze pads are used for absorbing exudates and fluid in an open wound with the help of fibers in these dressings.

Based on mechanism, the market is categorized into antibacterial effects, anti-inflammatory effects, antioxidant activity, debridement and anti-eschar action, and others. This segment is led by the antibacterial effects of silver, which are known to reduce bacterial adhesion and undermine intermolecular forces to destabilize the biofilm matrix. A number of silver-containing dressings are suggested for long-term decontamination and wound healing due to silver's potent, broad-spectrum, and antimicrobial properties.

Based on application, the market is further divided into burns, ulcers, cuts and lacerations, and others. Burns dominates the segment as burns are one of the most common household injuries, especially among children. Burns are characterized by severe skin damage that causes the skin cells to die.​​ As stated by the American Burn Association (2020), over 450,000 serious burn injuries occur every year in the United States. Furthermore, as per American Burn Association, between the years 2009-2019, the proportion of burn center admissions due to scald burns has continued to increase each year (i.e., 29.8% to 34.7%). Scald burns (from hot water, other liquids, and steam) comprise 35% of overall burn injuries admitted to the United States burn centers.​​

Based on end user, the market is further split into hospitals, ambulatory surgery centers, homecare, and others. Hospital dominates the segment due to the high flow of patients suffering from critical wound, necessitating the need for advanced type of wound dressing across the globe. Additionally, the availability of trained staff in hospitals to perform wound care procedures such as dressing changes is fueling the demand for more patients to be admitted to hospitals.

Major companies operating in global silver based wound dressing market are:

  • 3M Company
  • Advanced Medical Solutions Group plc
  • ConvaTec Group plc
  • Ferris Mfg. Corp
  • B. Braun Melsungen AG
  • Cardinal Health Inc
  • Integra LifeSciences
  • Lohmann and Rauscher
  • Smith & Nephew plc.
  • Hollister Wound Care LLC     
  • Coloplast A/S
  • Mölnlycke Health Care AB
  • Argentum Medical, LLC.
  • Medline Industries LP
  • Derma Science


Download Free Sample Report

Customers can also request for 10% free customization on this report.


“Asia-Pacific is expected to register the highest growth of around 10.11% during the forecast period. This is attributed to the rising number of high blood pressure and diabetes patients, who are prone to chronic wound diseases, and growing health concerns, concerning the rise in demand for advanced diagnostic and therapeutic regimens for chronic wound diseases. China accounted for largest market share owing to a strong potential patient base suffering from acute and chronic wounds coupled with the strong healthcare expenditure. According to the international Diabetes Federation 2020, the total number of diabetes cases in China was estimated to be around 116 million. China ranks first in the world to have significant prevalence of 10.9% of adult diabetes. Hence, the companies are adopting various ingrowth strategies such as mergers and acquisitions, partnerships and collaborations, and others. Emerging companies can setup their business in the Asia-Pacific region, due to low manufacturing cost, low labor cost, various untapped opportunities, and others is expected to propel the global silver wound dressing market growth till 2028,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

Silver Based Wound Dressing Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Product Type (Hydrofiber Silver Dressing, Nanocrystalline Silver Dressing, Silver Plated Nylon Fiber Dressing, Silver Nitrate Dressing, Others), By Dressing Type (Fibrous gauze, Film, Foam, Hydrogel, Others), By Mechanism (Antibacterial Effects, Anti-Inflammatory Effects, Antioxidant Activity, Debridement and Anti-Eschar Action, Others), By Application (Burns, Ulcers, Cuts and Lacerations, Others), By End User (Hospitals, Ambulatory Surgery Centres, Homecare, Others),   By Region and Competition”, has evaluated the future growth potential of global silver wound dressing  and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global Kidney Function Tests market.


Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]
Website: https://www.techsciresearch.com

Relevant News