Surgical Dressing Market Expected to Reach $2.7 Billion by 2031—Allied Market Research

According to a new report published by Allied Market Research, titled, “Surgical Dressing Market," The surgical dressing market size was valued at $1.8 billion in 2021, and is estimated to reach $2.7 billion by 2031, growing at a CAGR of 4.1% from 2022 to 2031.

Surgical dressing market trends which drive the growth of the surgical dressing market include rise in number of surgeries around the globe, an increase in the prevalence of chronic conditions that require frequent surgeries, and advancements in wound care technology. Advancements in surgical dressing products is increasing the adoption of surgical dressing in the healthcare system for wound care management. 

In addition, chronic wounds take more time to heal and are expensive to treat. Thus, advanced wound care is developing as a standard solution for treating chronic wounds. Moreover, they offer various advantages such as maintaining a hydrated environment for appropriate flow of oxygen, keeping temperature consistent, protecting the wound site from exogenous infection, and to ease pain associated with dressing changes. These advantages contribute to the growth during surgical dressing market analysis.

Depending on the dressing type, the market is segmented into primary dressing and secondary dressing. The primary dressing segment exhibited highest growth in terms of revenue in 2021 and is anticipated to grow at a fastest rate during the surgical dressing market forecast. This growth is attributed to the increase in demand for primary surgical dressings in management of post operative wounds. There is an increase in demand for primary surgical dressing for wound care of the patient with rise in number of surgeries around the globe. In addition, the advancements in primary surgical dressings have made it more effective in wound healing and infection prevention, leading to increased adoption in the wound care management. 

Depending on the product, the market is categorized into traditional dressing and advanced dressing. The traditional dressing segment dominated the surgical dressing market share in terms of revenue in 2021, which was attributed to the advantages offered by these dressings in management of post-operative wounds. Furthermore, increase in surgical procedure around the globe and the use of traditional wound products in a variety of surgeries to treat surgical wounds are driving the surgical dressing market size. 

On the other hand, advanced dressing is anticipated to grow at a fastest rate during the forecast period, owing to the continuous technological advancements in advanced wound care products which is gaining an edge over traditional wound care. Furthermore, rise in awareness toward advanced dressing among the population boosts the growth of the segment. 

On the basis of end user, the market is segmented into hospitals, ambulatory surgical centers and others. The hospitals segment exhibited highest growth in terms of revenue in 2021, owing to the rise in number of surgeries around the globe after the pandemic. There has been a corresponding increase in the demand for surgical dressings in hospitals worldwide, to cover and protect surgical incisions and other types of wounds, prevent infection, and promote healing with the increase in number of surgeries and medical procedures. In addition, the use of advanced wound care products, including dressings that incorporate antimicrobial agents and other innovative technologies, has further driven the demand for surgical dressings in hospitals. Moreover, the growth in demand for surgical dressings is expected to continue as healthcare providers strive to improve patient outcomes and reduce the risk of infections in surgical settings.

On the other hand, the ambulatory surgical centers segment is anticipated to grow at the fastest rate during the forecast period. The rise in demand for surgical dressings can be attributed to the increase in number of ambulatory surgical centers (ASCs) around the globe. ASCs are medical facilities that provide same-day surgical care to patients who do not require an overnight hospital stay.  Ambulatory surgical centers are gaining popularity due to its cost-effectiveness, convenience, and ability to provide high-quality care in a comfortable, outpatient setting. The demand for surgical dressings rises, as the number of ASCs grows as they are an essential component of wound care management.

Region wise, North America obtained the highest market surgical dressing market share in 2021. This growth in North America was attributed to several factors, increase in the number of surgeries being performed in this region specifically in U.S., and the rise in incidence of chronic wounds and other conditions that require surgical dressings for management among the population. In addition, there is a growing trend toward the use of advanced wound care products, including surgical dressings that incorporate innovative technologies such as antimicrobial agents, silver nanoparticles, and others. Thus, increase in adoption of advanced surgical dressing products along with developed healthcare infrastructure in North America contributes toward the growth of the market in this region.

On the other hand, Asia-Pacific region is expected to witness the highest growth in the surgical dressing industry during the forecast period. This growth in the coming years is attributed to the high population base and high number of geriatric populations requiring frequent surgeries in this region, which increases the demand for surgical dressings. 

Key findings of the study
• By dressing type, the primary dressing segment was highest contributor to the surgical dressing industry in 2021, and is anticipated to grow at a fastest rate during the forecast period.
• By product, the traditional dressing segment was highest contributor to the market in 2021 in terms of revenue, and the advanced dressing segment is anticipated to grow at a fastest rate during the forecast period.
• By end user, the hospitals segment dominated the market in 2021. However, ambulatory surgical centers segment is anticipated to grow at the highest CAGR during the forecast period.
• Region wise, North America generated the largest revenue in 2021. However, Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.