What is the global market size of Moist Wound Dressings Market?

Global Moist Wound Dressings market size was valued at USD 4.31 billion in 2022 and is poised to grow from USD 4.53 billion in 2023 to USD 6.80 billion by 2031, growing at a CAGR of 5.2% in the forecast period (2024-2031).

Who are the key vendors in the Global Moist Wound Dressings Market?

The competitive landscape of the global moist wound dressings market is characterized by a dynamic interplay of established medical device companies, innovative start-ups, and research-focused organizations. Market players are actively engaged in research and development to introduce advanced materials and technologies, aiming to enhance the efficacy and comfort of moist wound dressings. '3M Healthcare (US)', 'Coloplast A/S (Denmark)', 'Medline Industries, Inc. (US)', 'Cardinal Health, Inc. (US)', 'B. Braun Melsungen AG (Germany)', 'Smith & Nephew PLC (UK)', 'ConvaTec Group PLC (UK)', 'Derma Sciences, Inc. (US)', 'Systagenix Wound Management Ltd (UK)', 'Mölnlycke Health Care AB (Sweden)', 'Johnson & Johnson (US)', 'Hollister Incorporated (US)', 'Ethicon, Inc. (US)', 'Acelity L.P. Inc. (US)', 'Advancis Medical (UK)', 'Coloplast Corporation (US)', 'Medtronic plc (Ireland)', 'Mölnlycke Health Care (US)', 'Urgo Medical (France)', 'Medline Industries Ltd. (UK)', 'In May 2023, Kane Biotech Inc. (referred to as Kane Biotech) announced that it had gotten 510(k) freedom from the U.S. Food and Drug Administration (FDA) for its coactiv+™ Antimicrobial Injury Gel. This clearance covers the management of ulcers (counting diabetic foot and leg ulcers and pressure ulcers), first and severe-degree burns, fractional and full-thickness wounds, enormous surface region wounds, and careful entry points for grown-up populaces.', 'In November 2023, Kane Biotech Inc., in collaboration with ProgenaCare Global LLP, disclosed the rebranded revyve™ Antimicrobial Injury Gel (previously known as coactiv+™ Antimicrobial Injury Gel).'

What is the key driver of Global Moist Wound Dressings Market?

A major key driver in the global moist wound dressings market is the continuous advancement in wound care technologies and materials. Innovations in dressing materials, such as hydrocolloids, hydrogels, and foam dressings, have led to more effective and versatile products that promote optimal wound healing environments. Additionally, the integration of antimicrobial agents and the development of smart dressings capable of monitoring wound conditions are enhancing the therapeutic capabilities of moist wound dressings. These innovations are increasing their adoption by healthcare professionals and patients, thereby driving market growth.

What is the key market trend for Global Moist Wound Dressings Market?

Growing Emphasis on Bioactive Ingredients: A prominent trend in the global moist wound dressings market is the increasing emphasis on incorporating bioactive ingredients into these dressings. Manufacturers are exploring the integration of substances like silver, honey, and growth factors to enhance the dressings' therapeutic properties. These bioactive additives have potential to accelerate wound healing, reduce infection rates, and improve overall patient outcomes. As healthcare providers and patients seek more effective and holistic wound care solutions, moist dressings with bioactive elements are gaining traction, marking a significant shift towards advanced and customized wound management strategies.

Which region accounted for the largest share in Global Moist Wound Dressings Market?

North America stands out as the largest and dominating market for moist wound dressings. This is attributed to the region's advanced healthcare infrastructure, high adoption of advanced wound care technologies, and well-established reimbursement systems. The presence of a large geriatric population, along with a higher prevalence of chronic wounds and diabetes-related complications, further fuels the demand for moist wound dressings. Additionally, extensive research and development activities in North America drive innovation in wound care products.

Moist Wound Dressings Market Companies

Moist Wound Dressings Market Competitive Landscape

The competitive landscape of the global moist wound dressings market is characterized by a dynamic interplay of established medical device companies, innovative start-ups, and research-focused organizations. Market players are actively engaged in research and development to introduce advanced materials and technologies, aiming to enhance the efficacy and comfort of moist wound dressings.

Strategic collaborations, partnerships, and mergers and acquisitions are common strategies to expand product portfolios and geographic reach. Brand reputation, product differentiation, and a strong distribution network play pivotal roles in gaining a competitive edge.

With the growing emphasis on patient outcomes and cost-effective wound management solutions, companies are striving to offer tailored products catering to specific wound types and patient needs.

As the market continues to evolve, competition is expected to intensify, driving innovation, and benefiting healthcare professionals and patients alike.

Moist Wound Dressings Market Top Player’s Company Profiles

3M Healthcare (US)

Coloplast A/S (Denmark)

Medline Industries, Inc. (US)

Cardinal Health, Inc. (US)

B. Braun Melsungen AG (Germany)

Smith & Nephew PLC (UK)

ConvaTec Group PLC (UK)

Derma Sciences, Inc. (US)

Systagenix Wound Management Ltd (UK)

Mölnlycke Health Care AB (Sweden)

Johnson & Johnson (US)

Hollister Incorporated (US)

Ethicon, Inc. (US)

Acelity L.P. Inc. (US)

Advancis Medical (UK)

Coloplast Corporation (US)

Medtronic plc (Ireland)

Mölnlycke Health Care (US)

Urgo Medical (France)

Medline Industries Ltd. (UK)

Moist Wound Dressings Market

In May 2023, Kane Biotech Inc. (referred to as Kane Biotech) announced that it had gotten 510(k) freedom from the U.S. Food and Drug Administration (FDA) for its coactiv+™ Antimicrobial Injury Gel. This clearance covers the management of ulcers (counting diabetic foot and leg ulcers and pressure ulcers), first and severe-degree burns, fractional and full-thickness wounds, enormous surface region wounds, and careful entry points for grown-up populaces.
In November 2023, Kane Biotech Inc., in collaboration with ProgenaCare Global LLP, disclosed the rebranded revyve™ Antimicrobial Injury Gel (previously known as coactiv+™ Antimicrobial Injury Gel).

FAQs

Global Moist Wound Dressings Market size was valued at USD 6.98 Billion in 2024 and is poised to grow from USD 7.38 Billion in 2025 to USD 11.59 Billion by 2033, growing at a CAGR of 5.8% during the forecast period (2026–2033).

Key players operating in the moist wound dressings industry are making efforts like launching new products, receiving approvals for new products, strategic acquisitions, and innovations in the product to take an edge over one another in competition. Moreover, continual growth in pharmaceutical industry and pharmaceutical sales have rewritten the ladder of the wound dressings technology development. In addition, the increase in quantity of sanitizers manufactured and the adoption of bio-based isopropyl alcohol as cleaning agents in wound care dressings are contributing to the market growth. However, providing desired purity levels for IPA in wound care products and health issues associated with various chemical components will remain important challenges for industry players to overcome. '3M Healthcare (USA) ', 'Coloplast A/S (Denmark) ', 'Medline Industries, Inc. (USA) ', 'Cardinal Health, Inc. (USA) ', 'B. Braun Melsungen AG (Germany) ', 'Smith & Nephew PLC (UK) ', 'ConvaTec Group PLC (UK) ', 'Derma Sciences, Inc. (USA) ', 'Systagenix Wound Management Ltd (UK) ', 'Mölnlycke Health Care AB (Sweden) ', 'Johnson & Johnson (USA) ', 'Hollister Incorporated (USA) ', 'Ethicon, Inc. (USA) ', 'Acelity L.P. Inc. (USA) ', 'Advancis Medical (UK) ', 'Coloplast Corporation (USA) ', 'Medtronic plc (Ireland) ', 'Mölnlycke Health Care (USA) ', 'Urgo Medical (France) ', 'Medline Industries Ltd. (UK) '

Improving Macroeconomic Factors and Growing Technology Adoption: Moist wound dressings market in Asia is expected to grow owing to increasing demographics and economies in emerging countries such as China, Japan, and India. In addition to this, the worldwide moist wound dressings market is expected to witness innovation in dressings and products for wound care, growing adoption of technology, and rise in the awareness of infection expected to create new opportunities within the market.

North America is dominating with the largest moist wound dressings market share. North America has emerged as a prominent region for the market, attributed to the increasing pressure of inflation and significant participants in the market. A rise in the number of diabetes, burns, and surgeries carried out in the region has caused the number of surgical site infections (SSIs) to increase. Surgical site infection has a wide use of moist wound dressing. In order to avoid an increase in cases of surgical site infection globally, the demand for moist wound dressing is likely to increase which will create considerable growth opportunities for the moist wound dressing market in this region during the forecast period.

Moist Wound Dressings Market

Report ID: SQMIG35D2162

Top Moist Wound Dressings Companies

Moist Wound Dressings Market Competitive Landscape

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Top Moist Wound Dressings Companies

Moist Wound Dressings Market Competitive Landscape

FAQs

What is the global market size of Moist Wound Dressings Market?

Who are the key vendors in the Moist Wound Dressings Market?

What is the key driver of Moist Wound Dressings Market?

What is the key market trend for Moist Wound Dressings Market?

Which region accounted for the largest share in Moist Wound Dressings Market?

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