Know the COVID-19 impact on the Antimicrobial Wound Dressing Market: Smith & Nephew plc. ConvaTec Group plc. Medtronic plc. (Covidien plc.), Acelity L.P. Inc. (Kinetic Concepts, Inc.), Coloplast A/S. etc.
Antimicrobial Wound Dressing help organizations to develop cogent, coherent plans of action to improve their performance.
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Skin and soft tissue infections (SSTIs) are reasons for high rate of morbidity and mortality. Moreover, in the cases of successful surgeries, affected subcutaneous tissue, fascia, or muscle if delayed in the healing process can lead to life-threatening conditions. This cases are expected to propel demand for more effective treatments to deal with such pathological situations. In the recent past, wound dressings loaded with antimicrobial agents has emerged as potential option to reduce wound bacterial colonization and infection to improve the healing process.
Antimicrobial wound dressing contains drugs such as antimicrobial agents, biologics such as growth factors, or they are composed of materials derived from animal sources. These dressings prevent bacterial penetration into wound and avoid growth of microorganisms. Commonly encountered antiseptic agents in the antimicrobial dressings include silver, iodine, chlorhexidine, Polyhexamethylbiguanide (PHMB), alginate, and hydrocolloids.
Antimicrobial Wound Dressing Market report provides a thoroughly researched abstract of the key players with considerable shareholdings at a global level regarding demand, sales, and income by providing better products and services. Research Report outlines a forecast for the Antimicrobial Wound Dressing market between 2020 and 2027. In terms of value, the Antimicrobial Wound Dressing industry is expected to register a steady CAGR during the forecast period.
The report offers a systematic presentation of the existing trends, growth opportunities, market dynamics that are expected to shape the growth of the Antimicrobial Wound Dressing market. The various research methods and tools were involved in the market analysis, to uncover crucial information about the market such as current & future trends, opportunities, business strategies and more, which in turn will aid the business decision-makers to make the right decision in future.
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This report sample includes
--Brief Introduction to the research report.
--Table of Contents (Scope covered as a part of the study)
--Top players in the market
--Research framework (presentation)
--Research methodology adopted by Coherent Market Insights
The report begins with a brief introduction and market overview of the Antimicrobial Wound Dressing industry followed by its market scope and size. Next, the report provides an overview of market segmentation such as type, application, and region. The drivers, limitations, and opportunities for the market are also listed along with current trends and policies in the industry.
The key players profiled in this report include:
-Smith & Nephew plc
-ConvaTec Group plc
-Medtronic plc. (Covidien plc.)
-Acelity L.P. Inc. (Kinetic Concepts, Inc.)
-M?lnlycke Health Care
-B. Braun Melsungen AG
-Paul Hartmann AG
o North America (United States, Canada, and Mexico)
o Europe (Germany, France, UK, Russia, and Italy)
o Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
o South America (Brazil, Argentina, Colombia)
o Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Antimicrobial Wound Dressing Market - Taxonomy
By Product Type
o Film Dressings
o Hydrogel Dressings
o Collagen Dressings
o Alginate Dressings
o Foam Dressings
o Silver-impregnated Dressings
By Dressing Type
o Surgical Wounds
o Traumatic Wounds
By End User:
o Ambulatory Surgical Centers
Antimicrobial Wound Dressing Market Restraints
Challenges in classification of antimicrobial wound dressing into the FDA's existing medical device classification is expected to create further complications in the marketing and gaining the regulatory product approval for antimicrobial wound products. In September 2016, U.S. Food and Drug Administration (FDA) assembled the advisory panel to receive recommendations regarding the appropriate regulatory classification for wound dressings containing drugs.
Antimicrobial wound dressings product are approved to market through the 510(k) process under product code FRO as unclassified and pre-amendments devices. Moreover, there are different opinions on whether classify antimicrobial wound dressings in Class II or Class III. However, medical device manufacturers will be affected with the FDA's decision to regulate wound dressings containing drugs, as FDA's Class II is appropriate for antimicrobial dressings and allows manufacturers to easily demonstrate their effectiveness and safety, while upregulating to Class III will makes manufacturers to undergo strict regulatory guidelines regarding higher safety and effectiveness of antimicrobial wound dressing to gain product approval. These change in the classification, could impact market players to increase the price of antimicrobial wound dressings, and may require larger time period to launch the product in the market, limiting the future growth of antimicrobial wound dressing market over the forecast period.
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Antimicrobial Wound Dressing Market Drivers
Conventional wound dressings take longer time for wound healing as compared to advanced wound dressing products such as antimicrobial and anti-infective wound dressings, which are widely used in post-operation to prevent risk of any hospital acquired infections (HAIs). Antimicrobial wound dressings are rapidly replacing conventional wound dressings due to their high functional efficiency and effectiveness.
Increasing incidence of burns, trauma wounds and injuries, and diabetic ulcers are expected to drive growth of the global antimicrobial wound dressings market over the forecast period. For instance, in January 2017, according to the World Health Organization (WHO) data published in African Journal of Emergency Medicines, burn cases accounted for around 18 million disability cases and over 250,000 deaths annually, out of which over 90% deaths were reported in low and middle-income economies. For instance, the U.S. fire department responded to around 1.3 million fire incidences in 2016, out of which 3,280 civilian deaths and 15,700 civilian injuries were reported by National Fire Protection Association (NFPA).
Chronic wounds have significant impact on health and quality of life and their families, causing pain, emotional stress, restriction of daily activities and stress, depression, distress, and anxiety, with prolonged hospital stay, and chronic morbidity. For instance, according to the data published by Agency for Healthcare Research & Quality (AHRQ), in October 2014, over 2.5 million individuals in the U.S. develop pressure ulcers annually, which costs the U.S. health care system around US$ 9.1 billion to US$ 11.6 billion annually.
Furthermore, increasing adoption of antimicrobial wound dressings for providing antimicrobial protection in chronic and acute wound treatment is expected to boost antimicrobial wound dressing market size. According to the data published in the Journal of Arthroplasty in June 2014, Aquacel surgical dressings from ConvaTec Inc. significantly reduced the rate of acute periprosthetic joint infection (PJI), following total joint arthroplasty.
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