The Global "Wound Care Fiber Market" is expected to grow at a high CAGR during the forecasting period (2022-2029).
The growth of the market is driven primarily by factors such as the rising prevalence of chronic wounds, and the increasing prevalence of conditions that impair wound healing capabilities.
Rising incidences of burn injuries are expected to drive the market. For instance, according to the World health organization, an estimated 180 000 deaths, every year are caused by burns – the vast majority occur in low- and middle-income countries.
The growth of the industry is driven primarily by factors such as rising incidences of road accidents & injuries, growing use of regenerative medicine, and increasing prevalence of conditions that impair wound healing capabilities.
Alginates are loose fabric structures formed primarily from fibers of calcium alginate. These are commonly used in wounds with heavy exudation, particularly leg ulcers, and heavy wounds.
Alginates are particularly effective in treating heavy exudate wounds, burns, chronic ulcers, cavity wounds, surgical wounds, etc. However, these are not as effective in wounds with minimal exudate, surgical implantations, and heavy burns.
The silver-containing alginate dressings have witnessed substantial growth in demand among the medical fraternity. Moreover, the market for alginates is expected to grow steadily in developing countries with increased affordability and rising purchasing power.
Alginates are slowly gaining prominence due to their cost-effectiveness which would drive the market in the forecasted period
The Hydrofiber dressings segment holds XX% of the market share in 2018 and is expected to be XX% by 2027, for the wound care fiber market.
The presence of key players manufacturing Hydrofiber dressings is expected to drive the market. For instance, ConvaTec, a world-leading developer, and
marketer of innovative medical technologies for community and hospital care launched AQUACEL® and AQUACEL® Ag Dressings with Strengthening Fibre, two new advanced ribbon dressings, 2cm x 45cm, in the U.K. Up to 20 times stronger than the original ribbon dressings, the improved wound dressings also offer reduced shrinkage along with the unique gelling benefits of Hydrofiber® technology, featured across the entire AQUACEL® dressing range.
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