Antimicrobial Wound Care Dressings Market Size, Share & Trends Analysis Report, By Product (Silver Dressings), By Application (Chronic Wounds), By End-use (Hospitals), By Region, And Segment Forecasts, 2023 - 2030

Antimicrobial Wound Care Dressings Market Size, Share & Trends Analysis Report, By Product (Silver Dressings), By Application (Chronic Wounds), By End-use (Hospitals), By Region, And Segment Forecasts, 2023 - 2030

Antimicrobial Wound Care Dressing Market Growth & Trends

The global antimicrobial wound care dressings market size is anticipated to reach USD 2.1 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to witness CAGR of 6.4% from 2023 to 2030. The market growth can be attributed increasing number of people suffering from several chronic & acute wounds, rising number of surgeries, and growing geriatric population,. This may impel the market over the forecast period.

Moreover, as a result of increasing surgeries, surgical site infections (SSIs) have become a significant concern in healthcare facilities, as they can lead to increased morbidity, mortality, and healthcare costs. As per Journal of Patient Safety and Infection Control, the global estimates of SSIs varies from 0.5% to 15.0%. This number in India is increasing consistently ranging from 23.0% to 38.0%. Hence, the use of antimicrobial wound care dressings may increase during the forecast years.

Further, increasing number of acute wounds such as traumatic wounds and burn cases globally may further grow the demand for antimicrobial wound care dressings. For instance, as per WHO, 1.3 million people die as a result of road accidents, whereas, around 20 - 50 million people globally suffer from non-fatal injuries. With rising number of rad accidents and other traumatic wounds, the demand for antimicrobial wound care dressings is expected to grow.

In addition, increasing strategic initiatives my market players such as product launches, geographic expansion, awareness programs, mergers & acquisitions is expected to further impel the antimicrobial wound care dressings market. For instance, in January 2021, Healogics launched ‘The Year of Healing for Chronic Wounds’, in 2021. Such instances are expected to increase the awareness among population, thereby increasing the demand for antimicrobial wound care dressings globally.

Antimicrobial Wound Care Dressing Market Report Highlights

• Based on products, the silver dressing segment dominated the market, while, the povidone-iodine segment is anticipated to witness a CAGR of 6.5% over the forecast period
• Chronic wound dominated the application segment with market share of 59.8% in 2022. However, the acute wounds segment is projected to witness fastest growth over the forecast duration. This can be attributed to increasing accidents and rising number of surgical procedures globally
• Hospitals dominated the end-use segment in 2022 owing to increasing number of hospital settings globally. However, home care segment is projected to witness fastest growth rate of 7.1% during the forecast period
• In 2022, North America dominated the antimicrobial wound care dressings market with a market share of 45.4% in 2022. This can be accredited to rising number of surgeries, along with surge in number hospital acquire infections in this region
• Asia Pacific is projected to impel at the fastest CAGR 7.1% during the forecast duration. Increased prevalence of surgical site infections (SSIs), and rising number of surgeries in this region can be accredited for the growth

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