PUBLISHER: Fairfield Market Research | PRODUCT CODE: 1389819
PUBLISHER: Fairfield Market Research | PRODUCT CODE: 1389819
The global traditional wound dressing market, valued at US$ 5.4 billion in 2024, is anticipated to grow significantly, reaching approximately US$ 6.73 billion by the end of 2031. North America holds a prominent share of 30.6% in the global market for traditional wound dressings.
Traditional wound dressing involves the use of materials like gauzes, foams, bandages, and cotton wool to cover wounds, serving as primary or secondary dressings. It aids in pain reduction, promotes wound healing, and prevents infections. These dressings are suitable for both acute and chronic wounds, with some possessing antiseptic properties.
While traditional wound dressings have their advantages, they may not effectively prevent fluid and bacteria from reaching wounds compared to advanced wound care products like hydrocolloid and moisture-retentive bandages. Limited medical treatment and resources in low- and middle-income countries also hinder market growth.
United States: Increasing awareness of health and rising healthcare spending contribute to the growing use of traditional wound dressings in the United States. The country's robust pharmaceutical industry and favorable regulations position North America as a leading market.
Japan: With 28% of Japan's population aged over 65, the demand for traditional wound dressings is increasing due to the higher likelihood of minor injuries among the elderly.
China: China, one of the fastest-aging countries, witnesses a growing elderly population, resulting in an increased number of surgeries and demand for wound care products. Approximately 100 million people require wound care annually in China.
The traditional wound dressing industry is highly fragmented, with numerous competitors. Market players are adopting strategies like mergers, acquisitions, partnerships, collaborations, and new product launches to expand their customer base.
Traditional Wound Dressing Industry Segmentation
Adhesive Bandages
Non-adhesive Bandages
Compression Bandages
Woven Gauzes
Non-woven Gauzes
Woven Gauze Sponges
Non-woven Gauze Sponges
Woven Sponges
Non-woven Sponges