The global Super Absorbent Dressings Market size is expected to reach USD 144.21 million by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.69% from 2022 to 2030. An increase in the number of diabetic foot ulcer patients and a rise in surgical procedures worldwide are some major factors driving the market. For instance, as per the England National Health Service, 4.5 million people in the U.K. suffer from diabetes, out of which 10% of people are susceptible to developing diabetic foot ulcers at any given time. Similarly, according to Diabetes Australia, every year, 10,000 hospital admissions in Australia are related to diabetic foot ulcers. Thus, with the increasing number of diabetic foot ulcers, the market is anticipated to witness growth during the forecast period.
Moreover, there has been an increase in the number of
traumatic incidents such as road accidents globally. For instance, as per the
Department of Infrastructure, Transport, Regional Development &
Communications, Australia, the road crash injury data in 2018 has increased by
11.8% in the preceding five years. Similarly, according to the Government of
the U.K., there were 115,584 casualties due to road accidents in the U.K.
Therefore, the increase in traumatic accidents may help the market grow during
the forecast period.
Additionally, the introduction of the COVID-19 vaccine
is expected to assist the market growth over the forecast period. The
introduction of the vaccine is expected to increase the number of elective
surgeries, which were postponed earlier. The increase in the number of surgical
procedures is expected to increase the use of super absorbent dressings,
thereby driving the market during the forecast period.
Related Press Release@ Super Absorbent Dressings Market Report
Super Absorbent Dressings Market
Report Highlights
- Based on product, the non-adherent segment dominated the market
with a share of over 70.0% in 2021 owing to an increase in the number of
diabetic foot ulcers and pressure ulcer patients globally
- Based on application, the chronic wounds segment is likely to
register the fastest CAGR of 4.81% over the forecast period owing to an
increase in the number of chronic wounds globally
- On the basis of end-use, the hospitals segment dominated the market
with a share of over 45.0% owing to the increasing number of surgeries
among the patients in hospitals. The home healthcare segment is
anticipated to register the fastest CAGR of 5.37% during the forecast
period
- North America dominated the market with a revenue share of over
45.0% in 2021 owing to the increasing number of surgical procedures and
the availability of a large patient pool in the region
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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