The leading analysts and researchers at Reports and Insights compiled and outlined the assessment of the influence of recommendations on market operations and exercises. The research comprises data driven by the market’s historical and present circumstances, as well as other elements impacting the market’s development process. It comprises the leading-age and up-to-date information on the global Film Dressing Market outlook. The evaluation goes into information about revenue forecasts, volume, demand, growth, share, kinds, applications, and sales, among other things. The research analyzes a range of critical restrictions, comprising manufacturing capacity, item pricing, profit and loss figures, and distribution approaches.
The global film dressing market in 2022 is estimated for more than US$ 6.9 Bn and expected to reach a value of US$ 9.7 Bn by 2030 with a significant CAGR of 4.3%.
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Film Dressing Introduction
Film dressing is one of the fastest-growing segments of it. The introduction of film dressings and hydrocolloid dressings accelerated the advancements in the film dressings market. Even though the advanced wound dressings market is growing at a rapid pace, traditional wound dressings including film dressings are still preferred in developing and underdeveloped countries in the Asia Pacific and MEA regions.
Film Dressing Market Dynamics
The growing prevalence of chronic wounds creates demand for film dressings in the global market. The introduction of transparent film dressings further increased the adoption of film dressings due to their high durability flexibility and waterproof properties.
Transparent film dressing also allows the easy monitoring of the wound healing process to and thus a majority of medical professionals recommend the use of them especially in case of ulcer wounds. Film dressings are also recommended in wounds due to catheters or IV tubings.
The increasing prevalence of ulcer wounds, tinea pedis (athlete’s foot), etc. is the major factor driving the growth of the global film dressings market over the forecast period. The incidence of sports injuries, accidents, and trauma cases is further pushing the demand for film dressing products. National Health Statistics report explains that, in 2015, 8.6 Mn sports-related injuries were reported in the U.S., and the number of people participating in sports is on rising. Injuries resulting from these sports are causing increasing cases of acute wounds in the U.S. Development of technologically advanced products for wound management such as hydrocolloid film dressings is another factor driving the growth of the film dressings market.
However, shifting preference towards alternative advanced wound management products is the major factor restraining the growth of the global film dressings market.
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Film Dressing Market Segmentation
The global film dressing market is segmented on the basis of product type, applications, distribution channels, and region. On the basis of product type, the global Film dressing market can be segmented into Silicon film dressings, polyurethane film dressings, and others. Based on applications global film dressings market is segmented into burns, ulcer wounds, minor surgeries, and others. On the basis of distribution channels, the global Film dressing market can be segmented into hospital pharmacies, retail pharmacies, e-commerce, and others.
The global film dressing market is expected to increase at a steady CAGR over the forecast period owing to availability of alternative advanced wound management products.
Film Dressing Market Key Players
The market for film dressings is fragmented with few global players operating in it. Some of the major players identified in the global film dressings market include Smith and Nephew Plc., Integra Lifesciences Corporation, 3M Company, BSN Medical, ConvaTec Inc., Acelity Medical, Coloplast Corporation, Johnson & Johnson, and others.
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