Canada Advanced Wound Dressing Market, By Product Type (Film Dressings, Foam Dressings, Hydrogel Dressings, Collagen Dressings, and Other Dressings), By Wound Type (Chronic Wounds, Diabetic Foot Ulcer, Pressure Ulcer, Venous Ulcer, and Other Chronic Wounds), and Acute Wounds (Surgical Wounds, Burns, and Other Acute Wounds) - Trends, Analysis, and Forecasts Till 2034

Introduction:

As Canadians are found to be suffering from different kinds of wounds, there has been an increase in the risk of infection and associated complications. Therefore, the use of wound dressings is to protect the wound and provide an optimal environment for wound repair. With traditional wound healing, dressings have substantially changed the wound outcome. Complications associated with surgical and chronic wounds are still a challenge to healthcare. Advancements in tissue engineering, biomaterial sciences, and stem cell biology have led to the development of novel dressings that not only dress the wounds but also actively contribute to the process of healing. With the advanced wound dressing has shown very significant results in diabetic patients as well in chronic wounds that take a long time or cannot be healed by traditional wound dressings. It revolves around the principle of moisture therapy, which provides moisture to the wound site to encourage natural cell repair while giving the wound, room to breathe. Products utilized in moist wound care generally fit better around different wound shapes and sizes and are more resistant to environmental inhibitors and foreign particles. Advanced wound dressing involves film dressings are intended to adhere firmly to the skin surrounding a wound without sticking to the wound itself. This creates a moist environment and helps to avoid necrosis. Seaweed-derived alginate dressings come in a variety of shapes to cover wounds and trap bacteria, which can be removed during dressing changes

Increasing prevalence of type I and II diabetes is expected to drive the demand for advanced wound dressing products as prolonged diabetes leads to diabetic foot ulcers. Increasing cases of road accidents and trauma, such as burns, are expected to contribute to market growth. There is a direct correlation between the ageing and process of wound healing—with age, decreased cellular function lessens the body's natural ability to close and heal wounds, making the ageing population a potential end-user of advanced wound dressing products. Moreover, technological innovation in wound care techniques, specifically, stimulus- activated amorphous hydrogels for preventing bleeding in severe trauma cases further complement the market growth. However, pricing pressure due to intense competition for wound care products and high cost of procedures are key factors acting as a restraint for market.

The Canada Advanced Wound Dressing market is segmented based on the product type, wound type, and acute type.

Regional Insights:

Based on product type, the Canada advanced wound dressing market is segmented into film dressings, foam dressings, hydrogel dressings, collagen dressings, and other dressings. Based on wound type, the target market is segmented into chronic wounds, diabetic foot ulcer, pressure ulcer, venous ulcer, and other chronic wounds. Based on acute wounds, the target market is segmented into surgical wounds, burns, and other acute wounds.

Canada Advanced Wound Dressing Market, By Product Type:

• Film Dressings
• Foam Dressings
• Hydrogel Dressings
• Collagen Dressings
• Other Dressings

Canada Advanced Wound Dressing Market, By Wound Type:

• Chronic Wounds
• Diabetic Foot Ulcer
• Pressure Ulcer
• Venous Ulcer
• Other Chronic Wounds

Canada Advanced Wound Dressing Market, By Acute Wounds:

• Surgical Wounds
• Burns
• Other Acute Wounds

Recent Development:

• In October 2022, Healthium Medtech has launched new dressing portfolio ‘Theruptor Novo’ for management of chronic wounds such as leg ulcers, diabetic foot ulcers, etc. The company has strengthened its existing portfolio in advanced wound dressing segment with launch of ‘Theruptor Novo’. Newly launched ‘Theruptor Novo’ is non-toxic, anti-microbial wound dressing with technology patented in India, US, Europe and Canada.
• In May 2022, Winner Medical is set to showcase innovations and make new product launch in Advanced Wound Care at EWMA 2022. Winner Medical will showcase its latest, industrial leading product advanced wound care solutions like, Bordered Silicone Foam Dressing with SAF, Transparent Film Dressing, Antibodies Series Product, etc., and will launch its new product CMC dressing. CMC dressing is a gelling fiber dressing composed of sodium carboxymethylcellulose fibers which will be used for wounds with moderate to heavy exudate.

The key players operating the Canada Advanced Wound Dressing market involve Smith & Nephew, B. Braun Melsungen AG, Cardinal Health Inc., Coloplast A/S, ConvaTec Group PLC, Integra Lifesciences, Molnlycke Health Care, Paul Hartmann AG, Medline Industries Inc., and BSN Medical. For instance, in January 2020, As part of its Patient-Driven Groupings Model (PDGM)-related wound care push, Advocate Aurora is working with Medline. Advocate Aurora Puts Wound Acre First With New PDGM Strategy. Improving outcomes around wound care through enhanced training and education.

• The 3M Company
  • Company Overview
• Product Portfolio
  • Key Highlights
• • Financial Performance
    • Smith & Nephew
    • B. Braun Melsungen AG
    • Cardinal Health Inc.
    • Coloplast A/S
    • ConvaTec Group PLC
    • Integra Lifesciences
    • Molnlycke Health Care
    • Paul Hartmann AG
    • Medline Industries Inc.
    • BSN Medical

“*” marked represents similar segmentation in other categories in the respective section