Super Absorbent Dressings Market: Key Companies & Market Share Insights

[sara James]

The global Super Absorbent Dressings Market size is expected to reach USD 144.21 million by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.69% from 2022 to 2030. An increase in the number of diabetic foot ulcer patients and a rise in surgical procedures worldwide are some major factors driving the market. For instance, as per the England National Health Service, 4.5 million people in the U.K. suffer from diabetes, out of which 10% of people are susceptible to developing diabetic foot ulcers at any given time. Similarly, according to Diabetes Australia, every year, 10,000 hospital admissions in Australia are related to diabetic foot ulcers. Thus, with the increasing number of diabetic foot ulcers, the market is anticipated to witness growth during the forecast period. 

Moreover, there has been an increase in the number of traumatic incidents such as road accidents globally. For instance, as per the Department of Infrastructure, Transport, Regional Development & Communications, Australia, the road crash injury data in 2018 has increased by 11.8% in the preceding five years. Similarly, according to the Government of the U.K., there were 115,584 casualties due to road accidents in the U.K. Therefore, the increase in traumatic accidents may help the market grow during the forecast period. 

Additionally, the introduction of the COVID-19 vaccine is expected to assist the market growth over the forecast period. The introduction of the vaccine is expected to increase the number of elective surgeries, which were postponed earlier. The increase in the number of surgical procedures is expected to increase the use of super absorbent dressings, thereby driving the market during the forecast period.

Related Press Release@ Super Absorbent Dressings Market Report

Super Absorbent Dressings Market Report Highlights

• Based on product, the non-adherent segment dominated the market with a share of over 70.0% in 2021 owing to an increase in the number of diabetic foot ulcers and pressure ulcer patients globally
• Based on application, the chronic wounds segment is likely to register the fastest CAGR of 4.81% over the forecast period owing to an increase in the number of chronic wounds globally
• On the basis of end-use, the hospitals segment dominated the market with a share of over 45.0% owing to the increasing number of surgeries among the patients in hospitals. The home healthcare segment is anticipated to register the fastest CAGR of 5.37% during the forecast period
• North America dominated the market with a revenue share of over 45.0% in 2021 owing to the increasing number of surgical procedures and the availability of a large patient pool in the region