Saudi Arabia Wound Care Management Devices Market Size
| Study Period | 2021 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2021 - 2022 |
| CAGR | 5.80 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Saudi Arabia Wound Care Management Devices Market Analysis
Saudi Arabia wound care management devices market is expected to grow at a CAGR of 5.8% over the forecast period.
During the COVID-19 pandemic, several communities, industries, businesses, and lives were adversely affected owing to the restrictions imposed in Saudi Arabia. Almost all sectors were affected by the COVID-19 pandemic. According to an article published by the International Wound Journal in January 2022, most practices observed a significant reduction in patient visits regarding wound care. Most patients postponed or delayed aspects of their wound care during the pandemic. This shows that the pandemic significantly impacted the market studied initially. However, now that the pandemic has subsided, people are opting for wound management products and services. Hence, the market studied is expected to have stable growth during the forecast period.
The key factors propelling Saudi Arabia wound care management market include the growing demand for faster recovery of wounds, an increase in the number of surgeries, and the rising incidences of chronic diseases, such as diabetes.
According to the International Federation of Diabetes (IDF) update on diabetes in Saudi Arabia published in February 2022, around 4,274,100 adults in Saudi Arabia were affected by diabetes. This accounted for a prevalence rate of over 17.7% of the total population. Saudi Arabia has the highest diabetic prevalence in Middle Eastern countries. The risk of developing foot ulcers is as high as 25% in a person with diabetes. Hence, with the increase in the diabetic population, it is expected that the prevalence of foot ulcers will also increase in the forecast period.
The focus of the market players on the Saudi Arabia market is expected to add to the market growth. For instance, in May 2022, RLS Global established a local distribution network in Saudi Arabia through a regional agent, Med Surg, to distribute ChloraSolv. Chlorasolv is a debridement gel used on leg ulcers and diabetic foot ulcers to gently remove devitalized tissue quickly and easily to promote natural wound healing. Such activities are expected to encourage market growth in the nation.
Therefore with the high incidence of the diabetic population, along with the increasing lower extremity amputation in Saudi Arabia, the market is expected to increase during the forecast period. However, the high cost of wound care management devices is expected to hinder market growth in the region.
Saudi Arabia Wound Care Management Devices Market Trends
This section covers the major market trends shaping the Saudi Arabia Wound Care Management Devices Market according to our research experts:
Dressing is Expected to Witness a Significant CAGR Over the Forecast Period
The management of chronic wounds is found to be a significant medical burden associated with substantial healthcare expenditures. Since the establishment of moist wound healing, several wound dressings have been developed.
Foam has a significant role in the clinical management of chronic wounds and moist wound healing. Over the past 30 years, polyurethane foam has become one of the most commonly used wound dressings for exudate management in moist wound healing. The foam is a porous structure that can absorb fluids into air-filled spaces by capillary action. The most commonly used foam is polyurethane. Silicone foam is less frequently used as the primary absorbent in wound dressing but often is applied as an adhesive wound-contact layer.
According to an article published by the Journal of Dermatology & Dermatologic Surgery in June 2022, a study was conducted in Saudi Arabia. It was found that wound healing is best achieved when atraumatic dressings are used based on the wound characteristics and drainage. Hence, increasing dressing usage for wound healing is expected to enhance segment growth.
Furthermore, the rising prevalence of diabetes cases in the country is also expected to increase the incidence of diabetic foot ulcers, leading to more adoption of dressings. Hence, the rising prevalence of diabetes is also a major factor driving the segment's growth.
Foam dressings are produced with variable thickness and may be adhesive or non-adhesive. Foams are commonly supplied with a film-backing to provide water- and microbial-resistant barriers from the external environment. Therefore, the advantages associated with the dressings will propel the growth of the market studied.
Diabetic Foot Ulcer Segment is Expected to Hold a Significant Market Share Over the Forecast Period
The major factors responsible for the segment's growth are the increasing prevalence of diabetes in Saudi Arabia, the rising geriatric population, and the development of new treatment methods for diabetic foot ulcers.
The increasing prevalence of diabetes coupled with the rising geriatric population is one of the significant factors for the segment's growth. For instance, according to an article published by the journal of family medicine and primary care in February 2021, diabetes mellitus is said to have a high prevalence in Saudi Arabia, and the diabetic foot complication rate is alarmingly high in the country, with many patients ending up with amputation. The article further stated that the risk factors of diabetic foot include old age, duration of diabetes, and hypertension, among others. Hence, the high prevalence of diabetes and diabetic foot is expected to enhance the segment's growth.
Furthermore, developments of new treatment methods for diabetic foot ulcers are also enhancing segment growth. For instance, according to an article published by Bentham Science in January 2022, a study in Saudi Arabia showed that topical oxygen therapy (TOT) resulted in complete wound healing in patients suffering from diabetic foot ulcers.
Hence, factors such as the rising geriatric population, increasing prevalence of diabetes, and developments of new treatment methods for diabetic foot ulcers are expected to boost the segment growth during the forecast period of the study.
Saudi Arabia Wound Care Management Devices Industry Overview
Saudi Arabia's wound care management devices market is fragmented due to the presence of many players. The market players are committed to developing innovative healing solutions for customers and patients across the care continuum, generating proven clinical outcomes. The companies are also showing continuous growth and are developing new and differentiated products and services which address the evolving healthcare needs of patients, providers, and consumers. Some of the major key players include Johnson and Johnson, 3M, Smith and Nephew, ConvaTec Inc., and Medtronic Plc, among others.
Saudi Arabia Wound Care Management Devices Market Leaders
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Johnson and Johnson
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Smith and Nephew
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3M
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ConvaTec Inc.
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Medtronic Plc
*Disclaimer: Major Players sorted in no particular order
Saudi Arabia Wound Care Management Devices Market News
- February 2022- S2Medical AB received payment for dressings in the Epiprotect series from the Saudi Arabian distributor Arabian Trade House of approximately 300,000 SEK. Epiprotect is a synthetic skin substitute used in the treatment of burn wounds.
- January 2022- PolyNovo launched the revolutionary NovoSorb BTM synthetic wound matrix technology at the Arab Health 2022. BTM can be utilized for full-thickness and deep dermal wounds, including traumatic injuries, burns, necrotizing soft tissue infections, and chronic wounds. It enables the generation of a vascularised neodermis, which provides a more robust foundation for wound reconstruction than grafting alone.
Saudi Arabia Wound Care Management Devices 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 Incidences of Chronic Wounds, Ulcers and Diabetic Ulcers
4.2.2 Increase in Volume of Surgical Procedures Worldwide
4.3 Market Restraints
4.3.1 High-cost of Procedures
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value in USD Millions)
5.1 By Product
5.1.1 Wound Care
5.1.1.1 Dressings
5.1.1.2 Bandages
5.1.1.3 Topical Agents
5.1.1.4 Wound Care Devices
5.1.2 Wound Closure
5.1.2.1 Suture
5.1.2.2 Surgical Staplers
5.1.2.3 Tissue Adhesive, Sealant, and Glue
5.2 By Wound Type
5.2.1 Chronic Wound
5.2.1.1 Diabetic Foot Ulcer
5.2.1.2 Pressure Ulcer
5.2.1.3 Arterial and Venous Ulcer
5.2.1.4 Other Chronic Wound
5.2.2 Acute Wound
5.2.2.1 Surgical Wounds
5.2.2.2 Burns
5.2.2.3 Other Acute Wounds
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Johnson and Johnson
6.1.2 3M Company
6.1.3 Smith & Nephew
6.1.4 Medtronic Plc
6.1.5 Coloplast Ltd
6.1.6 Molnlycke Health Care
6.1.7 Convatec Inc.
6.1.8 B. Braun SE
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Saudi Arabia Wound Care Management Devices Industry Segmentation
Wound management products are majorly used to treat complex wounds. Wounds and injuries are common afflictions that affect billions of people worldwide. The products are highly resistant to environmental inhibitors and foreign particles and are used by a nurse under the physician's orders and supervision for many reasons.
The Saudi Arabia Wound Care Management Devices Market is Segmented by Product (Wound Care (Dressings, Bandages, Topical Agents, and Wound Care Devices), Wound Closure (Suture. Surgical Staplers, and Tissue Adhesive, Sealant, and Glue)), and Wound Type (Chronic Wound (Diabetic Foot Ulcer, Pressure Ulcer, Arterial and Venous Ulcer, and Other Chronic Wounds) and Acute Wound (Surgical Wounds, Burns, and Other Acute Wounds)). The report offers value (in USD million) for the above segments.
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Saudi Arabia Wound Care Management Devices Market Research FAQs
What is the current Saudi Arabia Wound Care Management Devices Market size?
The Saudi Arabia Wound Care Management Devices Market is projected to register a CAGR of 5.80% during the forecast period (2024-2029)
Who are the key players in Saudi Arabia Wound Care Management Devices Market?
Johnson and Johnson, Smith and Nephew, 3M, ConvaTec Inc. and Medtronic Plc are the major companies operating in the Saudi Arabia Wound Care Management Devices Market.
What years does this Saudi Arabia Wound Care Management Devices Market cover?
The report covers the Saudi Arabia Wound Care Management Devices Market historical market size for years: 2021, 2022 and 2023. The report also forecasts the Saudi Arabia Wound Care Management Devices Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
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