The Europe wound dressing market is expected to grow from US$ 3,105.95 million in 2022 to US$ 4,380.67 million by 2028; it is estimated to grow at a CAGR of 5.9% from 2022 to 2028.
Wound dressing has broad applications in traumatic injuries. An increasing number of road accidents is one of the key concerns for countries with high populations and low socioeconomic backgrounds, as road traffic injuries cause considerable economic losses. These losses mainly arise from the cost of treatment and lost productivity for those killed or disabled by their injuries. Thus, the increasing number of road accidents is leading to an increase in the usage of wound dressing, as dressing is an essential element of standard wound care. Road accidents often cause serious blood loss and other injuries and require immediate medical attention and sometimes surgical intervention to provide immediate relief to the patient. Therefore, an increase in accidents is boosting the demand for wound dressing products.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe wound dressing market. The Europe wound dressing market is expected to grow at a good CAGR during the forecast period.
Europe Wound Dressing Market Revenue and Forecast to 2028 (US$ Million)
Europe Wound Dressing Market Segmentation
The Europe wound dressing market is segmented based on type, application, end user, and country. Based on wound dressing type, the Europe wound dressing market is bifurcated into advanced wound dressing and traditional wound dressing. The advanced wound dressing segment dominated the market in 2022. The advanced wound dressing is further segmented into foam dressings, superabsorbent dressings, film dressings, hydrocolloids dressings, wound contact layers, collagen dressings, and others. The traditional wound dressing is also segmented into dry dressings, surgical tapes, and anti-infective dressings. Based on application, the Europe wound dressing market is bifurcated into chronic wound and acute wound. The chronic wound segment dominated the market in 2022. The chronic wound segment is further segmented into pressure ulcers, diabetic foot ulcers, venous leg ulcers, and other chronic wounds. Similarly, the acute wound segment is bifurcated into surgical and traumatic wounds and burns wounds. Based on end user, the Europe wound dressing market is segmented into hospitals, ambulatory surgical centers, clinics, and others. The hospitals segment dominated the market in 2022. Based on country, the Europe wound dressing market has been categorized into the UK, Germany, France, Italy, Spain, and the Rest of Europe. Germany dominated the market in 2022.
3M; Advancis Medical; Axio Biosolutions Pvt Ltd; Coloplast Corp; Convatec Inc.; Integra LifeSciences Holdings Corporation; Medline Industries, Inc.; Medtronic; Mölnlycke Health Care AB.; and Smith+Nephew are among the leading companies in the Europe wound dressing market.