The global biomaterial wound dressing market is expected to reach USD 10.21 billion by 2030, registering a CAGR of 7.46% in the forecast period, according to a new report by Grand View Research, Inc. Advances in biomaterial technology, which have led to the development of innovative and effective wound care products, rising prevalence of chronic diseases, improving healthcare infrastructure in emerging economies, are the key driving factors propel the biomaterial wound dressing market over the forecast period.
Moreover, the biomaterial wound dressing market has seen significant growth over the last few decades, owing to increasing product launches by key players, and rising R&D activities. For instance, in January 2023, Convatec introduced ConvaFoam, a range of advanced foam dressings that cater to the requirements of both healthcare providers and patients. ConvaFoam's versatility makes it an ideal dressing option for managing wounds and safeguarding the skin, as it can be used for various wound types, regardless of the wound's healing stage.
Similarly, in August 2023, Medela launched the Invia Integrated Dressing, which is designed to cater to all types of wounds, including closed surgical incisions. The sterile dressing can be utilized in both hospital and home settings for a period of up to seven days. As a result, product launches with additional benefits are expected to increase market growth for these biomaterial wound dressings over the projection period.
The rising prevalence of chronic disorders, such as diabetes and obesity has led to an increase in the number of patients with chronic wounds. Biomaterial wound dressings have been found to be effective in treating these wounds, which has driven demand for these products. For instance, according to WHO, in 2023, diabetes is a global health concern, with approximately 422 million people affected globally, mostly in low- and middle-income countries. Every year, 1.5 million deaths are directly linked to diabetes. The prevalence and number of cases of diabetes have been on a steady rise over the past few decades. These factors are expected to drive market growth over the forecast period.
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In terms of product, natural wound dressing segment held the largest market share in 2023. This growth can be anticipated due to the rising incidences of diabetic foot ulcers and pressure ulcers
In terms of application, the chronic wounds segment held the largest market share in 2023, owing to rising geriatric populations along with the rising chronic wounds are driving the segment growth
In terms of end use, hospitals segment held the largest share in 2023. Hospitals often adopt advanced wound care technologies and treatments to optimize patient outcomes
North America is expected to dominate the biomaterial wound dressing market growth over the forecast period owing to the well-developed healthcare infrastructure and large presence of key players operating in the market
Grand View Research has segmented the global biomaterial wound dressing market report based on product, application, end-use, and region:
Biomaterial Wound Dressing Product Outlook (Revenue, USD Million, 2018 - 2030)
Natural
Alginate
Honey
Collagen
Chitosan
Carboxymethyl Cellulose (CMC)
Others
Synthetic
Polyurethane
Silicone
Others
Biomaterial Wound Dressing Application Outlook (Revenue, USD Million, 2018 - 2030)
Chronic Wounds
Diabetic Foot Ulcers
Pressure Ulcers
Venous Leg Ulcers
Other Chronic Wounds
Acute Wounds
Surgical & Traumatic Wounds
Burns
Biomaterial Wound Dressing End-use Outlook (Revenue, USD Million, 2018 - 2030)
Hospitals
Outpatient Facilities
Home Healthcare
Research & Manufacturing
Biomaterial Wound Dressing Regional Outlook (Revenue, USD Million; 2018 - 2030)
North America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Denmark
Sweden
Norway
Asia-Pacific
Japan
China
India
Australia
Thailand
South Korea
Latin America
Brazil
Mexico
Argentina
MEA
South Africa
Saudi Arabia
UAE
Kuwait
List of Key Players in the Biomaterial Wound Dressing Market
ConvaTec Group PLC
Smith & Nephew PLC
Mölnlycke Health Care AB
B. Braun Melsungen AG
3M
URGO
Coloplast Corp.
Integra LifeSciences
Medline Industries, Inc.
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