Calcium Alginate Dressings Market - Global Industry Analysis

Calcium Alginate Dressings Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2028

Category: Chemical & Materials Report Format : PDF Report Code: ZMR-6907 Status : Upcoming

Description

Global Calcium Alginate Dressings Market: Overview

The global market for calcium alginate dressings is expected to grow at a CAGR of 3.5% during the period 2022-2028 Calcium alginate dressings are an effective, natural, and adaptable wound care dressing that is commonly used on venous wounds, full-thickness burns, diabetic wounds, split-thickness graft donor sites, pressure ulcers, chronic ulcers, and cavity wounds. Calcium alginate dressings, produced from natural alginate fibers obtained from brown seaweed, mannuronic, release alginic calcium salts, and guluronic acids. When coupled with the sodium-rich fluids prevalent in wounds, cause a reaction that results in the development of a soluble sodium gel. This natural gel promotes autolytic debridement of the wound, which speeds up healing while also soaking fluid buildup.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Calcium Alginate Dressings Market: Growth Factors

Globally, the rise in the burden of severe wounds and burn cases is fueling the growth of the global calcium alginate dressings market. In emerged nations, it is expected that 1 to 2% of the population may suffer from a chronic wound at some point in their lives. Also, chronic wounds afflict over 6 million people in the United States each year. As a result, chronic wounds are among the leading causes of death and morbidity, necessitating sophisticated treatment such as calcium alginate dressings. All such factors are fostering the growth of the global calcium alginate dressings market. In addition to this, burn incidents are on the rise all across the world, posing major public health issues. Burn-related mortality is expected to be over 180,000 each year, according to the WHO. As a result, rising demand for improved wound dressings for the management of burn ulcers is likely to propel the alginate dressings market forward. Further, conventional first-aid materials used for medical applications in home-care settings and hospitals have a number of disadvantages, including poor gas exchange between the wound and the environment, failure to maintain a moist environment, inadequate absorption of wound exudates, and many more. Calcium alginate dressings are the most desired because of their unique qualities, such as improved wound healing, less bacterial infection, and better absorption capacity of wound exudates. Furthermore, new product launches by the market players to remain competitive in the market may have several opportunities for the growth of the global calcium alginate dressings market during the forecast period. However, the lack of awareness among consumers and medical professionals, particularly in rural areas, is impeding the growth of the calcium alginate dressings market.

The market for calcium alginate dressings remained unharmed during the pandemic period as many of the pharmaceutical and healthcare companies remained operational during the pandemic period. Also, ways of local and international transport remained accessible for medical supplies. Besides many healthcare providers increased their production capacities to curb the supply shortage. All these factors helped to maintained the revenue flow during the pandemic period.

Global Calcium Alginate Dressings Market: Segmentation

The global calcium alginate dressings market is categorized based on type, end-user, and region. Based on the type, the global market is divided into poly blend calcium alginate dressings and gauze calcium alginate dressings. Households, hospitals, clinics, and others are the end-users involved in the market.

Global Calcium Alginate Dressings Market: Regional Analysis

North America is projected to dominate the overall market for the global calcium alginate dressings market. Strong demand for calcium alginate dressings in the United States and Canada is primarily fueling the market growth. The growing prevalence of chronic wounds and more public awareness are projected to lead to North America's dominance in the alginate dressings industry. Europe is the second-most profitable area in the alginate dressings market, because of increased demand for novel products and a favorable reimbursement landscape. Furthermore, a developing economy, an increase in the number of traumatic ulcer patients, and ongoing government funding for innovative healthcare product development are all projected to drive demand for alginate dressings in the Asia Pacific area.

Global Calcium Alginate Dressings Market: Competitive Players

The key players that are functioning in the global calcium alginate dressings market are Hartmann Gruppe, McKesson Corporation, 3M Company, Covidien-Medtronic, Johnson & Johnson, Coloplast, Dynarex, Gentell Inc., Medline Industries, Inc., and Hollister Woundcare, and others.

Global Calcium Alginate Dressings Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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FrequentlyAsked Questions

Globally, rise in the burden of severe wounds and burn cases is fueling the growth of the calcium alginate dressings market. In emerged nations, it is expected that 1 to 2% of the population may suffer from a chronic wound at some point in their lives. Also, chronic wounds afflict over 6 million people in the United States each year. As a result, chronic wounds are among the leading causes of death and morbidity, necessitating sophisticated treatment such as calcium alginate dressings. All such factors are fostering the growth of the calcium alginate dressings market. Furthermore, new product launches by the market players to remain competitive in the market may have several opportunities for the growth of the global calcium alginate dressings market during the forecast period.

The key players that are functioning in the global calcium alginate dressing market are Hartmann Gruppe, McKesson Corporation, 3M Company, Covidien-Medtronic, Johnson & Johnson, Coloplast, Dynarex, Gentell Inc., Medline Industries, Inc., and Hollister Woundcare, and others.

North America is projected to dominate the overall market for the global calcium alginate dressings market. Strong demand for calcium alginate dressings in the United States and Canada is primarily fueling the market growth. The growing prevalence of chronic wounds and more public awareness are projected to lead to North America's dominance in the alginate dressings industry.

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