Latest News by Industry
DUBLIN--(BUSINESS WIRE)--Nov 29, 2022--
The "Super Absorbent Dressings Market Size, Share & Trends Analysis Report by Product (Adherent, Non-adherent), by Application (Chronic Wounds, Acute Wounds), by End Use, by Region, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.
The global super absorbent dressings market size is expected to reach USD 144.21 million by 2030. It is expected to expand at a CAGR of 4.69% from 2022 to 2030.
An increase in the number of diabetic foot ulcer patients and a rise in surgical procedures worldwide are some major factors driving the market.
For instance, as per the England National Health Service, 4.5 million people in the U.K. suffer from diabetes, out of which 10% of people are susceptible to developing diabetic foot ulcers at any given time. Similarly, according to Diabetes Australia, every year, 10,000 hospital admissions in Australia are related to diabetic foot ulcers. Thus, with the increasing number of diabetic foot ulcers, the market is anticipated to witness growth during the forecast period.
Moreover, there has been an increase in the number of traumatic incidents such as road accidents globally. For instance, as per the Department of Infrastructure, Transport, Regional Development & Communications, Australia, the road crash injury data in 2018 has increased by 11.8% in the preceding five years. Similarly, according to the Government of the U.K., there were 115,584 casualties due to road accidents in the U.K. Therefore, the increase in traumatic accidents may help the market grow during the forecast period.
Additionally, the introduction of the COVID-19 vaccine is expected to assist the market growth over the forecast period. The introduction of the vaccine is expected to increase the number of elective surgeries, which were postponed earlier. The increase in the number of surgical procedures is expected to increase the use of super absorbent dressings, thereby driving the market during the forecast period.
Super Absorbent Dressings Market Report Highlights
Market Dynamics
Drivers
Restraints
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/fwqhq8
View source version on businesswire.com:https://www.businesswire.com/news/home/20221129005573/en/
CONTACT: ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
KEYWORD:
INDUSTRY KEYWORD: MEDICAL SUPPLIES HEALTH
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 11/29/2022 05:46 AM/DISC: 11/29/2022 05:46 AM
http://www.businesswire.com/news/home/20221129005573/en