Advanced Wound Care Dressing Market Scope, Analysis, and Trends by 2030
Advanced Wound Care Dressing Market Report Scope
Report Attribute | Details |
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Market size in 2022 | US$ 4,333.25 Million |
Market Size by 2030 | US$ 6,629.49 Million |
Global CAGR (2022 - 2030) | 5.46% |
Historical Data | 2020-2022 |
Forecast period | 2022-2030 |
Segments Covered |
By Type
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Regions and Countries Covered | North America
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Market leaders and key company profiles |
Regional Analysis
The North America advanced wound care dressing market is segmented into the US, Canada, and Mexico. The market growth can be attributed to the increasing number of acquisitions by top market players operating in the region. The advanced wound care dressing market in the US is expected to witness significant growth due to rapid technological advancements, and rising medical expenditure in healthcare.
The report profiles leading players operating in the global advanced wound care dressing market. These include TRIAGE MEDITECH Pvt. Ltd; Convatec Group PLC; MedSupply Inc.; Smith and Nephew; HARTMANN USA, Inc.; Medtronic; Medical Monks; 3M; Mölnlycke Health Care AB; Coloplast Corp; and MEDCU.
- In August 2022, 3M Health Care's Medical Solutions Division introduced a new and advanced version of 3M Veraflo Therapy. The updated version comes with a new 3M Veraflo Cleanse Choice Complete Dressing Kit and a software upgrade for the 3M V.A.C. Ulta Therapy Unit, which is available to customers at no additional cost. These new offerings help simplify the care delivery processes for clinicians using Veraflo Therapy, a negative pressure wound therapy with instillation, and make dressing changes faster, easier, and less painful for their patients compared to previous Veraflo Therapy dressings.
- In January 2022, Convatec Group Plc entered into a definitive agreement to acquire Triad Life Sciences Inc., a medical device company based in the US. Triad engages in the development of biologically-derived innovative products to address unmet clinical needs for managing surgical wounds, chronic wounds, and burns. The transaction was closed in Q1 2022, subject to regulatory approvals and other customary conditions.