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Gauze Combine Dressings Market size was $2.1 billion in 2020, growing at a CAGR of 5.4% during the forecast period 2021-2026. Gauze, is a light, open-weave fabric made of cotton for surgical dressings and silk and other fibers for dress trimming use. Gauze dressings are absorbent, pleasant, and protective pads for a wound that are made of open-weave materials. Woven gauze has a loose, open weave that is less absorbent and more likely to lint than non-woven gauze. Wound healing is hampered by heavy microbial infection. Late closure surgical wounds, pressure ulcers, and diabetic foot ulcers are hampered by polymicrobial colonization and the presence of antibiotic-resistant bacteria. Polyhexamethylene biguanide is used in a novel antimicrobial gauze bandage (PHMB). Under the premarket notification (510k) process, the FDA assessed PHMB as an antibacterial component in antibacterial gauze dressings and approved its use in such devices. The growth of the gauze combination dressings industry is fueled by advancements in wound care technology and an increasing number of patients and diabetic geriatric populations. Additionally, increased public awareness of wound infections and rising healthcare expenses are driving the growth of the gauze combination dressings market.
Gauze Combine Dressings Market Segment Analysis – By Product Type
Based on Product Type, Gauze Combine Dressings Market is segmented into Antimicrobial Gauze, Impregnated Gauze, Bordered Gauze, Conforming Gauze, Packing Gauze, and Others. The antimicrobial Gauze segment is accounted for the largest revenue market share in 2020 for the Gauze Combine Dressings Market owing to the growing number of chronic wounds. Antimicrobial Gauze is used as a primary dressing to reduce bacterial log counts in the wound bed and as a secondary dressing to prevent bacterial proliferation through the gauze by preventing growth within the gauze. Moreover, this antimicrobial gauze helps prevent infections from developing and spreading in the dressing, is highly efficient against most microorganisms, and minimizes infection exposure from strikethrough. The conforming Gauze segment is poised to grow with the fastest CAGR of 5.7% in the forecast period 2021-2026 owing to its features like securely adhering to anybody’s contour. Conforming Stretch Gauze is a rayon/poly knitted stretch gauze bandage that offers mild compression. The bandages adhere to the shape of the applied region and provide relief and light compression. They are commonly employed as a dressing retention. Conforming bandages are useful for a variety of wound care applications, including sprain support and dressing retention. They are durable, lightweight, and have a high level of elasticity.
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Gauze Combine Dressings Market Segment Analysis – By End User
Based on End User, Gauze Combine Dressings Market is segmented into Hospitals and Clinics. Hospital’s segment is accounted for the largest revenue market share in 2020 owing to the updated wound care technology in these places. The rising prevalence of diabetic foot ulcers and venous leg ulcers is one of the key driving factors for the segment’s growth. The segment growth is accelerated owing to the large number of patients who visit and the high number of procedures that take place in such locations, the availability of sophisticated and cutting-edge infrastructure, increased investments in infrastructure development, qualified experts, and simple accessibility. Clinics are expected to increase with the fastest CAGR of 5.2% between 2021 and 2026, owing to a growing preference for healthcare settings, particularly in developed countries, and infrastructural improvements, and growing wound care technology to provide patients with world-class health facilities.
Gauze Combine Dressings Market Segment Analysis – By Geography
Based on Geography, North America is dominating the market in 2020 with a 41% market revenue share owing to the rising awareness among individuals about diseases and infections, as well as an increase in the number of chronic wound cases. Chronic wounds are estimated to afflict 2% of the population in the United States. Chronic wounds have a negative influence on people all around the world. According to a 2016 research from Wales, chronic wounds affect 6% of the population, costing the NHS 5.5 percent of its budget (NHS). The Asia-Pacific market is poised to grow with the fastest CAGR in the forecast period 2021-2026 owing to the growing number of hospitals and raising wound care technology in countries like India and China. Furthermore, in Asia Pacific gauze combines dressings like antimicrobial gauze, a woven gauze dressing is predicted to be a growing industry. In the next five years, the market for gauze bandages in the Asia Pacific is expected to grow at the fastest rate.
Gauze Combine Dressings Market Drivers
Diseases And Disorders That Impair Wound Healing Are Becoming More Common Fueling The Market Growth:
Diabetic foot ulcers, pressure ulcers, venous leg ulcers, and other chronic wounds are examples of chronic wounds. Diabetic foot ulcers are a common diabetic consequence. As diabetes delay the healing process, ulcers, various chronic and acute wounds, and even minor cuts take longer to heal, extending treatment time and increasing the usage of medical tapes and bandages for dressings and re-dressings. Furthermore, owing to a long time it takes for minor cuts to heal, even slight cuts can become chronic wounds, increasing the demand for dressings. According to the International Diabetes Federation (IDF), the number of diabetes cases globally is predicted to be 642.0 million by 2040, up from 415.0 million in 2015. By 2050, the CDC predicts that one out of every three adults in the United States have diabetes. Diabetic patients have a 25-fold higher risk of amputation than non-diabetic ones according to IDF. It further stated that in the United States alone, more than 100 million persons are diabetic or prediabetic. In the United States, about 25% of diabetics acquire foot ulcers during their lifetime, with diabetic foot ulcers affecting up to 15% of the diabetic population (DFUs).
Emerging Economies’ Is Anticipated To Be The Significant Factor For Market Growth:
Players in the Gauze Combine Dressings Market are predicted to have considerable growth prospects in emerging economies such as China, India, Brazil, and Mexico. This is mostly owing to the growing practice of medical tourism in these developing nations. Patients are drawn to these countries for elective procedures owing to the availability of high-quality surgical treatments at reduced costs. Other important aspects projected to give growth prospects to market players include the rising popularity of cosmetic operations and the expanding healthcare infrastructure in emerging countries.
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Gauze Combine Dressings Market Challenges
Increasing Market Players’ Pricing Pressure May Impede Market Growth:
Several healthcare providers have associated themselves with group-buying organizations (GPOs) and integrated health networks in response to increased government pressure to reduce healthcare costs (IHNs). These groups pool their members’ purchasing power and negotiate with suppliers and makers of surgical devices at a lower price. For the bulk purchase of surgical items, GPOs and IHNs engage in extensive negotiations. For example, 3M, Covidien, ConvaTec, CareFusion, Welch Allyn, and a number of other firms supply medical products to IPC Group Purchasing’s network of 21 hospitals, including bandages, antimicrobial gauze, woven gauze dressings, medical tapes, and a variety of other items. Owing to the large volume of purchases, IPC negotiates lower pricing with its suppliers and passes the savings on to its clients. As a result of its bulk purchase, IPC can offer all medical products to its clients at a 15% discount. This tendency of bulk purchasing is putting downward pricing pressure on market participants and reducing their profit margins.
Gauze Combine Dressings Market Landscape:
Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Gauze Combine Dressings Market. Gauze Combine Dressings Market top 10 companies include:
Acquisition/Product Launches:
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Key Takeaways
Related Reports:
A. Medical Dressing Market-Forecast (2021-2026)
Report Code: HCR 0336
B. Wound Care Market-Forecast (2021-2026)
Report Code: HCR 60665
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