Moist Wound Dressings Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 4.80 Billion |
| Market Size (2029) | USD 6.20 Billion |
| CAGR (2024 - 2029) | 5.30 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Moist Wound Dressings Market Analysis
The Moist Wound Dressings Market size is estimated at USD 4.80 billion in 2024, and is expected to reach USD 6.20 billion by 2029, growing at a CAGR of 5.30% during the forecast period (2024-2029).
The major drivers for the market’s growth are the growing incidence of chronic and acute wounds owing to the rise in chronic diseases, accidents, and burns and the rising awareness and adoption of advanced wound care products.
The growing burden of chronic diseases is leading to increased demand for moist wound dressings to promote the rapid recovery of wounds by providing a moist wound environment, which is anticipated to drive market growth. For instance, according to a study published by the Institute for Health Metrics and Evaluation (IHME), approximately 1.3 billion people in the global population are expected to be affected by diabetes by 2050. Moreover, according to the study published in the PLoS One Journal in November 2023, the prevalence of diabetic foot ulcers was 53.2% worldwide in 2022. The same source also stated that South and Central America had the highest prevalence of diabetic foot ulcers. Moist wound dressings are preferred for diabetic foot ulcer cases, and increasing cases of diabetes and diabetic foot ulcers are expected to impact the market’s growth positively over the forecast period.
The NCBI study published in July 2022 mentioned that young children (ages 1-5 years) comprise almost half (42.0%) of burns worldwide, with pediatric patients being the major demographic affected. Additionally, according to the NCBI research study published in May 2022, the prevalence of chronic wounds was estimated at 1-2% of the population in developed countries. This increase, fueled by rising burn cases, is driving a surge in demand for moist wound dressings, which is expected to boost market growth in the coming years.
Market player initiatives such as product launches are expected to increase the availability of wound dressings, thus propelling market growth. For instance, in May 2022, Winner Medical introduced its ground-breaking surgical wound care offerings, including transparent film dressings, bordered silicone foam dressings fortified with SAF, antibiosis series products, and the innovative carboxymethylcellulose (CMC) dressing.
Therefore, factors such as the growing burden of chronic diseases and the rise in chronic wounds and burns are anticipated to increase the demand for moist wound dressings, driving market growth. However, costly treatments and procedures will likely hinder market growth over the forecast period.
Moist Wound Dressings Market Trends
The Diabetic Ulcers Segment is Expected to Hold the Largest Share Over the Forecast Period
A diabetic foot ulcer is an open wound or sore commonly occurring in diabetic patients located on the bottom of the foot. Despite foot ulcers, a frequent complication of poorly managed diabetes often occurs despite dietary changes, exercise, and insulin therapy. Hydrocolloid and hydrogel dressings are the primary moist wound dressings used to treat these ulcers.
Rising diabetes rates and the complications of diabetic foot ulcers are key factors driving the segment's growth. For instance, according to the study published in Scientific Reports in January 2024, the annual incidence of diabetic foot ulcers varied from 1.9 to 26.1 million worldwide in 2022. According to the NCBI study published in August 2022, between 9.1 and 26.1 million people develop diabetic foot ulcers each year. A significant number of individuals with diabetes mellitus, estimated at 15% to 25%, experience a diabetic foot ulcer at some point in their lives. The rising prevalence of diabetes is directly contributing to the increasing incidence of diabetic foot ulcers. Consequently, the growing number of diabetes and diabetic foot ulcer cases is expected to drive the market’s growth over the forecast period.
Market players are introducing moist wound dressings to treat diabetic ulcers; this is expected to drive segmental growth. For instance, in March 2023, Bactiguard introduced biocompatible and effective wound care products in the United Kingdom and Ireland for the management of difficult-to-treat wounds such as diabetic foot ulcers. Additionally, in October 2022, Healthium Medtech introduced innovative dressing Theruptor Novo in various countries such as the United States, India, and Canada. Theruptor Novo has anti-microbial and non-toxic properties to manage diabetic foot ulcers caused by complications such as diabetic neuropathy. Thus, the introduction of innovative wound dressings to treat diabetic foot ulcers is expected to contribute to the segment’s growth.
North America is Expected to Hold a Significant Share of the Market Over the Forecast Period
North America is expected to hold a significant share of the moist wound dressings market throughout the forecast period. Various factors contribute to the market's growth in the region, such as the growing burden of inflation and the presence of key market players.
The rise in the prevalence of diabetes, burns, and surgeries led to an increase in surgical site infection (SSI) cases in the region. For instance, according to the study published in February 2024, the prevalence of SSI after knee surgery in the United States was 2% in 2023. Moist wound dressings are widely used in cases of surgical site infection. Thus, increasing cases of surgical site infection are expected to propel the demand for moist wound dressing, thereby driving the market’s growth in the region over the forecast period.
Key product launches, high concentration of market players or manufacturer's presence, acquisitions and partnerships among significant players, and increasing cases of chronic diseases, burns, accidents, and chronic and acute wounds in the United States are some of the factors driving the growth of the moist wound dressings market. An article published in the Journal of Advances in Wound Care in October 2023 mentioned that chronic wounds significantly impair the quality of life (QoL) for approximately 2.5% of the United States population. Thus, driven by the rising prevalence of accidents and chronic wounds in the United States, the market for wound care is anticipated to witness robust growth during the forecast period.
Additionally, market player initiatives such as product launches are expected to drive market growth in the region. For instance, in November 2023, Kane Biotech Inc. collaborated with ProgenaCare Global LLP to introduce a rebranded Revyve anti-microbial wound gel. This wound gel is incorporated with coactiv+ technology and polyhexamethylene biguanide (PHMB), coupled with a non-ionic pluronic surfactant with thermo-gelling characteristics. It provides a moist environment for chronic wounds and promotes healing. In January 2023, Convatec introduced innovative dressings Convafoam in the United States. This dressing can be used to manage wounds and provide protection to the skin. Thus, such innovative products are expected to be adopted by the patient pool and are likely to boost the market growth in the region.
Therefore, factors such as the increasing burden of infections and key product launches are expected to contribute to the market’s growth in the region.
Moist Wound Dressings Industry Overview
The moist wound dressings market is moderately competitive and has several major players. A few of the major players currently dominating the market are making acquisitions to consolidate their global market positions. Others are launching new products with advanced technologies to enhance the safety and quicker healing of wounds. Some of the companies that currently dominate the market are Fleming Medical Ltd, Smith & Nephew PLC, Essity AB, DermaRite Industries LLC, and AMERX Health Care Corporation.
Moist Wound Dressings Market Leaders
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Fleming Medical Ltd
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Smith & Nephew plc
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Essity AB
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DermaRite Industries LLC
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AMERX Health Care Corporation
*Disclaimer: Major Players sorted in no particular order
Moist Wound Dressings Market News
- January 2024: Coloplast launched Biatain Silicone Fit in the United States, which can be used to prevent pressure injury and wound management.
- June 2023: Evonik company JeNaCell introduced innovative bioengineered cellulose products, epicite balance, to treat chronic wounds. This isotonic saline solution provides a moist wound environment, and the biosynthetic cellulose matrix effectively absorbs wound exudate. The product is distributed via Coopmed ApS to hospitals and homecare centers.
Moist Wound Dressings Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Incidence of Chronic and Acute Wounds, Rising Cases of Chronic Diseases, Accidents, and Burns
4.2.2 Rising Awareness and Adoption of Advanced Wound Care Product
4.3 Market Restraints
4.3.1 Highly Expensive Treatment and Procedures
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Buyers/Consumers
4.4.2 Bargaining Power of Suppliers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Product
5.1.1 Foam
5.1.2 Alginate
5.1.3 Hydrocolloid
5.1.4 Hydrogel
5.1.5 Others
5.2 By Application
5.2.1 Burn Wounds
5.2.2 Pressure Ulcer
5.2.3 Diabetic Ulcer
5.2.4 Surgical Wounds
5.2.5 Other Applications
5.3 By End-User
5.3.1 Hospitals
5.3.2 Homecare
5.3.3 Other End-Uses
5.4 Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.1.3 Mexico
5.4.2 Europe
5.4.2.1 Germany
5.4.2.2 United Kingdom
5.4.2.3 France
5.4.2.4 Italy
5.4.2.5 Spain
5.4.2.6 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 China
5.4.3.2 Japan
5.4.3.3 India
5.4.3.4 Australia
5.4.3.5 South Korea
5.4.3.6 Rest of Asia-Pacific
5.4.4 Middle-East and Africa
5.4.4.1 GCC
5.4.4.2 South Africa
5.4.4.3 Rest of Middle-East and Africa
5.4.5 South America
5.4.5.1 Brazil
5.4.5.2 Argentina
5.4.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Fleming Medical Ltd
6.1.2 Smith & Nephew plc
6.1.3 Essity AB
6.1.4 DermaRite Industries LLC
6.1.5 AMERX Health Care Corporation
6.1.6 ConvaTec Inc
6.1.7 Molnlycke Health Care AB
6.1.8 3M
6.1.9 Integra Lifesciences
6.1.10 Coloplast Corp
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Moist Wound Dressings Industry Segmentation
Moist wound dressings treat various wounds to maintain a moist environment and release therapeutically active ingredients where the skin is removed, cut, and perforated. These patches have gained traction in recent years due to their proven efficiency in quick healing, reduced inflammation, risk of infections, and scarring during removal. These patches are made of various materials, such as foam, alginate, and hydrocolloid, which retain moisture and enhance healing.
The moist wound dressings market is segmented by product, application, end user, and geography. By product, the market is segmented into foam, alginate, hydrocolloid, hydrogel, and others. By application, the market is segmented into burn wounds, pressure ulcers, diabetic ulcers, surgical wounds, and others. By end user, the market is segmented into hospitals, homecare, and others. By geography, the market is segmented into North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. For each segment, the market size is provided in terms of value (USD).
| By Product | |
| Foam | |
| Alginate | |
| Hydrocolloid | |
| Hydrogel | |
| Others |
| By Application | |
| Burn Wounds | |
| Pressure Ulcer | |
| Diabetic Ulcer | |
| Surgical Wounds | |
| Other Applications |
| By End-User | |
| Hospitals | |
| Homecare | |
| Other End-Uses |
| Geography | ||||||||
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Moist Wound Dressings Market Research FAQs
How big is the Moist Wound Dressings Market?
The Moist Wound Dressings Market size is expected to reach USD 4.80 billion in 2024 and grow at a CAGR of 5.30% to reach USD 6.20 billion by 2029.
What is the current Moist Wound Dressings Market size?
In 2024, the Moist Wound Dressings Market size is expected to reach USD 4.80 billion.
Who are the key players in Moist Wound Dressings Market?
Fleming Medical Ltd, Smith & Nephew plc, Essity AB, DermaRite Industries LLC and AMERX Health Care Corporation are the major companies operating in the Moist Wound Dressings Market.
Which is the fastest growing region in Moist Wound Dressings Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Moist Wound Dressings Market?
In 2024, the North America accounts for the largest market share in Moist Wound Dressings Market.
What years does this Moist Wound Dressings Market cover, and what was the market size in 2023?
In 2023, the Moist Wound Dressings Market size was estimated at USD 4.55 billion. The report covers the Moist Wound Dressings Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Moist Wound Dressings Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Moist Wound Dressings Industry Report
Statistics for the 2024 Moist Wound Dressings market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Moist Wound Dressings analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
