August 27, 2020
According to the research report titled ‘Global Silver Antimicrobial Wound Dressing Market Size study with COVID Impact, by Type (Silver Foam Dressing, Silver Alginate Wound Dressing, Silver Barrier Dressing) by Application (Surgical Wounds, Burns Wounds, Chronic Wounds, others) and Regional Forecasts 2020-2027’ available with Market Study Report, global silver antimicrobial wound dressing market is expected to register significant expansion over 2020-2027.
For the record, silver wound dressings are wound care products that contain silver release compounds which offer antimicrobial properties for treating acute or chronic wound infections. These dressings are primarily used for diabetic foot ulcers.
Industry experts claim that increasing utilization of silver wound dressings for treating chronic and acute wound infections is a prime factor fueling the growth of worldwide silver antimicrobial wound dressing industry. Growing awareness towards slow healing wounds such as lacerations, ulcers, and burns are also augmenting the expansion of the market.
Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/2764800/
Furthermore, the rising risk of diabetic patients developing ulcers is has increased the demand for advanced wound dressings, which in turn is stimulating the overall market outlook. In fact, according to the CDC (Center for Disease Control & Prevention), the occurrence of diabetes in the U.S. has tripled from 5.6 million which was recorded in 1980 and reached 20.9 million in the year 2011. Increased pervasiveness of chronic conditions is also favoring the market outlook.
Based on type, the market is divided into silver barrier dressing, silver alginate wound dressing, and silver foam dressing. With regards to the application spectrum, the market is fragmented into chronic wounds, burn wounds, surgical wounds, and other.
From a regional frame of reference, North America currently dominates the global market and is expected to showcase similar growth during the forecast period. Rising geriatric population along with increasing prevalence of diabetes as well as chronic wound conditions such as diabetic foot ulcers and gangrene are fostering the expansion of the regional market.
On the other hand, Asia-Pacific silver antimicrobial wound dressing industry is projected to grow significantly over 2020-2027. Factors such as rising population, increasing occurrence of chronic wounds caused by diabetes, growing awareness regarding advanced wound care solutions, escalating influx of medical tourists and reducing hospital bed capacity are favoring the expansion of Asia-Pacific market.
The key players operating in worldwide silver antimicrobial wound dressing market are Hartmann Group, Hollister Incorporated, Cardinal Health Inc., Medline Industries Inc., Acelity L.P. Inc., Laboratoires URGO, Coloplast Corp., Molnlycke Health Care AB, ConvaTec Group PLC, and Smith & Nephew plc among others.