Global Hydrocolloid Dressing Market 2017-2021

Overview of the global hydrocolloid dressing market

Market research analysts at Technavio predict that the global hydrocolloid dressing market will grow at a CAGR of over 6% by 2021. This market research analysis identifies the rising prevalence of chronic wounds, ulcers, and pressure sores as one of the primary growth factors for this market.

Owing to the rising prevalence of lifestyle diseases, there is an increase in the incidence of chronic wounds such as venous leg ulcer, diabetic foot ulcer, and pressure ulcer across the globe. Since these chronic wounds will impose a significant burden on the individual, healthcare system, and the society, the coming years will witness an increase in the demand for advanced wound care therapies for effective treatment, which will, in turn, will fuel the growth of the hydrocolloid dressing market.

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Hydrocolloid dressing market trends

The introduction of hydroconductive dressing is one of the latest trends that will gain traction in the hydrocolloid dressing market in the coming years. A hydrocolloid dressing is considered as a novel class product since it offers a capillary action that lifts and transfers exudate and remains away from the wound surface level. The hydrocolloid action scatters the contents of the covering and allows extra layers to be used for more seriously exuding wounds. The bandage also provides hydrocolloid debridement that lifts and releases adherent slough not absorbed into the dressing, letting it move toward the dressing for easy removal when the dressing is changed.

Hydrocolloid dressing market forecast: Competitive landscape and key vendors

The hydrocolloid dressing market has the presence of multiple players at the global as well as the regional level and is intensely competitive. The players are focusing on capturing a larger market share and generating higher revenue. With the launch of new and innovative products and with the rising focus of players on acquisitions and alliances, the competition among the market players will further intensify in the coming years.

The leading vendors in the hydrocolloid dressing market

• Acelity (KCI Licensing)
• Coloplast
• ConvaTec
• Smith & Nephew

Hydrocolloid dressing market segmentation by application

• Acute wounds
• Chronic wounds
• Pressure sores

Hydrocolloid dressing for acute wounds can decrease the healing time by 40% compared when compared to the traditional treatments. Additionally, the hydrocolloid dressing also provides a protective covering to acute wounds due to the impermeable nature of hydrocolloids. This permits washing and showering and helps prevent the spread of pathogenic microorganisms.

Hydrocolloid dressing market value based on geographies

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the market by 2021. This mainly attributes to factors such as an increase in consumer awareness levels, the presence of innovative products, and the acceptance of new products by the people. Additionally, the rise in the incidence of chronic wounds combined with the preference for home healthcare also contributes to the market’s growth in this region.

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Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global hydrocolloid dressing market?
• What are the key market trends impacting the growth of the global hydrocolloid dressing market?
• What are the challenges to market growth?
• Who are the key vendors in the global hydrocolloid dressing market?
• What are the market opportunities and threats faced by the vendors in the global hydrocolloid dressing market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global hydrocolloid dressing market?

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