The Alginate Dressings Market To Witness Sparkling Growth
Wound dressing plays a crucial role in healing and management. Alginate dressings are the
most preferred products to treat pressure ulcers, leg ulcers, infected surgical wounds, etc.
which has led to a surge in their demand. Besides, introduction of new alginate dressing
products with better functionalities by market players has also aided market growth. Increasing
investments in new alginate dressing development and growing efforts for their distribution by
key stakeholders are major factors expected to boost the growth of the alginate dressings
The global alginate dressings market is projected to be valued at US$ 1.1 Bn in 2030, and is
expected to exhibit a CAGR of 3.5% during the forecast period (2020 – 2030).
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Key Takeaways from Alginate Dressings Market Study
Antimicrobial alginate dressings contributed for a larger revenue share than non-antimicrobial
alginate dressings in the global alginate dressings market in 2019, owing to their high
preference of use for wound healing.
High adoption of alginate dressings for the treatment chronic wounds is expected to result in
notable market share of the chronic ulcers segment in the alginate dressings market.
Institutional sales contributed around three-fourth of value share by distribution channel due
to increasing patient preference.
North America captured a greater revenue share among all regions, and is expected to be the
most lucrative region in the global alginate dressings market during the forecast period.
Reluctant adoption and high cost of products are factors expected to affect the growth of the
alginate dressings market around the globe.
Outbreak of the COVID-19 pandemic has had a moderate impact on the overall growth of the
alginate dressings market, due to its adverse effect on the global economy and healthcare
Increasing prevalence of chronic and traumatic wounds an