The growing prevalence of chronic and acute wounds, the speedily aging population, the growing number of diabetic patients, and the increase in research and development activities are among the foremost aspects propelling the market growth. The increasing prevalence of chronic wounds, likewise diabetic foot ulcers and pressure ulcers, among the general population is probably to augment the number of patients getting treatment and drive the adoption of hydrocolloid dressings.
In addition, the growing prevalence of acute wounds, such as surgical wounds and burns, is further predicted to propel the requirement for hydrocolloid wound dressings during the reviewed duration. surgical wounds, for example, are a foremost issue in general healthcare, according to the Wound Healing Society (WHS). Despite all attempts, Surgical Site Infections (SSI) cause death in 70% of patients around the globe. As a result, the augmented incidence of infections has imposed a proficient cost burden on the healthcare business. This is probably to underwrite the launch of improved products, thus propelling the market growth. Clinical usages for different hydrocolloid materials have been proposed during the present years.
According to the SPER market research, ‘Hydrocolloid Dressing Market Size – By Raw Material, By Application, By Product, By End-User – Regional Outlook, Competitive Strategies and Segment Forecasts to 2030’ state that the Hydrocolloid Dressing Market is predicted to reach USD 2.12 billion by 2030 with a CAGR of 5.5%.
In addition, as per the WHO data, nearly 1 million individuals die each year as a result of road traffic crashes. Similarly, according to the Brake Organization, universally, between 30 and 50 million non-fatal injuries result from traffic accidents each year. Such accidents frequently result in progressive blood loss and several other injuries, necessitating prompt medical treatment and surgical processes to propose patients instant relief. Hence, the growing prevalence of chronic and acute wounds probably fosters the requirement for hydrocolloid dressings, as they are efficient for acute and chronic wounds of changing thicknesses.
They motivate autolytic debridement of sloughy or necrotic tissue. They stick progressively to high-friction locations like the heels and the sacrum and are utilized to treat pressure injuries. Hydrocolloid dressings are also used as protective dressings in the ICU for intubated patients to decrease device-connected pressure injuries. They are also utilized to cure minor burns and abrasions. Thereby, the above-cited aspects are propelling the hydrocolloid dressing market growth.
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Furthermore, hydrocolloids are easy-to-use, flexible, cost-effective, and waterproof. They can generate an extraordinary protective barrier for newly healed skin that is still intact or for partially healed wounds that might require protection from possible surface damage. Thereby, due to the above-cited benefits delivered by hydrocolloid dressings, their implementation is probably in the review period.
North America registers the hydrocolloid dressing market in terms of market share and market revenue and will endure flourishing its dominance throughout the review duration. This is because of the prevailing classy level of healthcare amenities coupled with the growing prevalence of target diseases.
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