Report Summary

Global surgical dressing market is gaining traction due to the increasing number of surgeries worldwide. As per the Global Observatory on Donations and Transplantation (GODT) database, there was an upsurge in the number of organ transplant procedures globally. This increase in the surgeries is majorly due to the advancement in technology, flexible government medical and health policies and increasing awareness about the surgeries. This increase in-turn has pushed the market significantly and the market for surgical dressing is estimated to reach USD 5.2 billion by 2025.

Majority of the developed economies such as the U.S., UK, Germany and France have Ambulatory Surgery Centers (ASC) which benefit the patients with economical surgeries in shorter duration. This trend has also been seen in the developing economies such as India and China which are implementing the ASCs. Along with these installations, the government in these regions are also leveraging on their healthcare policies. This is one of the major reason which has increased the number of surgical procedures. This is acting as one of the major driving factor for the growing surgical dressing market.

Another major driving factor for this market is the increasing number of diseases such as cardiovascular diseases, obesity issues, diabetes which are mainly due to lifestyle disorders. With these diseases, the patient must undergo different surgeries such as cardiovascular disease surgery or obesity related surgery. These increasing number of surgical procedures are proving to be one of the major driving factors for this market.

Segment Analysis

The surgical dressing market is divides in three major sections which includes segmentation by product type, by application type and by end-user. Primary and secondary dressings are included in the product type segmentation, where primary dressing market holds the largest market share.

Composite dressings, which are multi-layered waterproof dressings, are the major part of the primary dressings. These are three-layer dressings, where the lower layer consists of semi or non-adherent material for water to infuse to the next layer, however it prevents it from sticking to the granulating tissue. Another type of dressing includes film dressing which are thin, flexible, and transparent and are made up of polyurethane sheets. They act as adhesive and provides moisture to promote wound healing. These dressings are not used for exuding wounds; however, these dressings protect the wound from any bacterial infection.

The Negative-pressure wound therapy (NPWT) which uses a vacuum dressing to promote healing in chronic wound or third-degree wounds is growing at a substantial rate. NPWT is expected to have a higher market share during the forecast period due to its rapid healing process, reduced infection chances and increasing patient compliance. There are various applications for surgical dressings and the surgical dressing market is further segmented by application type into Diabetes based surgeries, Ulcers Surgeries, Burns Surgeries, Transplant Surgeries, Cardiovascular Diseases (CVD) based surgeries, and others. The CVD based surgeries is the fastest growing segment with a growth rate of more than six percent followed by the transplant surgeries and diabetes related surgeries.

The major reason for the growth of these segments is due to the increase in the CVD diseases majorly in the developing nations. The growth of the diabetes related surgeries and transplant surgeries in the developed nations are also pushing the growth for this market. Surgical dressings market is further segmented by end-user which include hospitals, home healthcare, ambulatory centers, specialty clinics and others. It is estimated that the hospital segment has the largest market share during the forecast period, however, the ambulatory centers is growing with the highest growth rate. The major reason for this traction is due to the increasing adoption of ambulatory centers in the developed and developing regions.

Regional Analysis

The surgical dressing market is segmented by regions which include North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. Among these regions, countries such as US and Canada have dominated the market. However, developing countries such as China and India are contributing to the high growth rate of the Asia-Pacific region followed by the Middle East and Africa region. The major reason for the growth in the APAC region is due to the changing lifestyle of the population like the developed nations, and growing medical tourism, particularly in countries such as India and Singapore.

Competitor Analysis

The major players in the surgical dressing market include companies such as 3M, Smith & Nephew, Advancis Medical, Medline Industries, BSN Medical, ConvaTec, Acelity, Medtronic, Alliqua Biomedical, Coloplast, and Mölnlycke Health Care AB.