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Global Non-Adherent Dressings Market to Reach USD 14 Billion by 2026, Aided by the Rising Prevalence of Acute Injuries

According to a new report by EMR titled, ‘Global Non-Adherent Dressings Market Report and Forecast 2021-2026’, the global market for non-adherent dressings attained a value of USD 9.6 billion  in 2020. The industry is further expected to grow at a CAGR of 6% in the forecast period of 2021-2026 to reach a value of USD 14 billion by 2026.

Due to the rise in the occurrence of acute injuries such as burns and cuts, first aid awareness continues to spread in developing countries. Governmental laws are becoming increasingly stringent regarding first aid training and delivery. This is leading to improvements in first aid facilities in workplaces, shopping malls, housing societies, and other such institutions. Non-adherent dressings are a critical part of first aid due to their ability to drain wounds while protecting fragile tissue and minimising any damage that may occur while removing or replacing wound dressings. This makes them ideal for first- and second-degree burns, as well as traumatic wounds, and is propelling the growth of the non-adherent dressings industry.

In October 2020, 3M Company (NYSE: MMM), one of the leading producers of non-adherent wound dressings, acquired Acelity for USD 6.7 billion. Acelity specialises in wound care and advanced wound dressings. This acquisition represents the increasing demand for wound care and further strengthens 3M’s role as a leader in advanced wound care. In April 2020, Smith & Nephew (LSE: SN, NYSE: SNN), a leader in wound care, acquired Osiris Therapeutics, Inc. for approximately USD 660 million. Osiris is a high-growth firm specialising in advanced wound care technologies. This acquisition underlines the increasing importance of wound dressings and is expected to drive growth in the global non-adherent dressings industry. Smith & Nephew also reported a healthy 14% annual growth in the Advanced Wound Management sector in 2020. Such developments are expected to positively influence the growth of the non-adherent dressings industry.

Market Analysis by Type, Application, End Use and Regions:

  • The market on the basis of type can be divided into traditional and advanced wound dressings.
  • Based on application, the industry can be divided into wet and dry wounds.
  • The end uses for non-adherent dressings include hospitals, clinics, ambulatory surgical centres, homecare, and others.
  • The regional markets for non-adherent dressings include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The rising first aid awareness and increasingly stringent first aid laws are expected to promote the growth in the non-adherent dressings industry.
  • The increase in number of chronic wounds arising out of common injuries is expected to drive the demand for non-adherent dressings.
  • The increase in the number and bed capacity of hospitals and clinics is a key factor in determining the growth of the market in the forecast period.
  • The introduction of ambulatory surgical centres in various countries is expected to increase the capacity for non-adherent dressings.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for non-adherent dressings for the periods (2016-2020) and (2021-2026).
  • The report also offers the historical (2016-2020) and forecast (2021-2026) market information for the types, applications, end uses, and regional markets of non-adherent dressings. 
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global non-adherent dressings market are 3M Company, Mölnlycke Health Care AB, Johnson & Johnson Services, Inc., B. Braun Melsungen AG, Medline Industries, Inc, Lohmann & Rauscher GmbH & Co. KG, and Smith & Nephew, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

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*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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