Liquid Spray Dressing Market REPORT OVERVIEW
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The global liquid spray dressing market size was USD 344.3 million in 2022 and market is projected to touch USD 471.63 million by 2031, exhibiting a CAGR of 3.2% during the forecast period.
A type of wound-dressing treatment known as a liquid bandage is applied directly to the wound by being sprayed or painted on. By keeping the right moisture balance, liquid bandages protect the injured nerves, which lessen discomfort and speed up wound healing. A liquid spray dressing, commonly referred to as an invisible glove, is a spray-on wound patch that dries quickly, creates a waterproof, permeable skin barrier, and inhibits the entry of dust and bacteria. Both surgical wounds and acute wounds are frequently treated with it. The antimicrobial, waterproof, flexible, and breathable layer created by liquid bandages at the site of the wound is strong, colorless, adherent by nature, and dries quickly. People with small to significant wounds and many healthcare professionals are increasingly using liquid spray dressing.
Due to its practicality, sprayable burn care is growing in commercial popularity. First aid supplies for offices and schools should be in spray form. A spray can administer a medicine directly to the wound site without coming into contact with the gauze or other dressing media, which is different from other kinds of wound dressings. By removing these interactions, waste, the risk of infection, and discomfort associated with changing wound dressings are all decreased. Sprayable medication delivery solutions leave a thin coating of drugs on the wound site after evaporating on their own without rubbing. In light of these benefits, sprayable wound dressings are preferable options to other forms of dressings for the treatment of burns.
COVID-19 Impact: Halt on Manufacturing Operations to Slower Market Growth
The liquid spray dressing market is expected to suffer as a result of the COVID-19 outbreak. Denial of wound care services, cancellation or postponement of elective procedures, and an increase in skin injuries were all caused by the statewide lockdown, according to 19 medical professionals. The quick progression of COVID-19 to a pandemic event severely disrupted healthcare services, especially the treatment of patients with wounds. The Centers for Medicare and Medicaid Services and the Centers for Disease Control offered recommendations for residents in long-term facilities to stop the spread of COVID-19. The majority of people were housed in their rooms, which restricted their mobility. Mobility issues affected the demand for liquid spray dressing. During the projection period, the liquid spray dressing market is anticipated to have a slight reduction.
LATEST TRENDS
"Speedy Healing Property to Boost Market Growth"
To help keep moisture in and speed healing, liquid spray dressing creates a barrier of protection over minor cuts, abrasions, and skin irritations. The spray-on composition gives non-stinging, alcohol-free, waterproof protection that is breathable. With only one product, pet owners may now promote minor wound healing and skin calming in their animals. It is a polymer-based, quick-drying spray that covers the wound in a transparent, flexible film and safeguards it as it heals. Broad areas can be covered with Liquid spray dressing, which dries in about 30 seconds and leaves a waterproof layer of protection that can last for up to 24 hours. It has created a brand-new alternative to often bathing dogs, cats, and other small animals.
Liquid Spray Dressing Market Segmentation
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- By Type Analysis
As per the type, the market is classified as follows: Online Sales and Offline Sales. Online sale is the dominant segment in the liquid spray dressing market share.
- By Application Analysis
Based on application, the market is segmented as follows: Acute Wound, Chronic Wound, and Operative Wound. With a market share of 60.1% in 2020, the acute wounds sector dominated the market for advanced liquid spray dressing.
DRIVING FACTORS
"Increased Burn Injuries to Facilitate Market Development"
Over the forecast period, the liquid spray dressing market is expected to increase at a significant rate. Burns and surgical and traumatic wounds are included in the acute wounds. Due to the increasing frequency of burn injuries, the burns category is predicted to experience the quickest growth rate over the projection period. Additionally, it is anticipated that the number of surgical procedures across various medical specializations would rise throughout the projected period, driving the liquid spray dressing market growth.
"The rise in Demand for Liquid Spray Dressing to Promote Industry Progress"
Over the projected period, homecare is anticipated to develop at the fastest rate. Most procedures have a lengthy healing phase, which necessitates regular dressing changes. As a result, there is a rising need for improved wound care solutions in home healthcare settings. Additionally, patients with chronic wounds, those who are geriatric or obese, and those who choose home treatment over hospital stays. The high prevalence of chronic wounds, including diabetic foot ulcers, pressure ulcers, bed source cases, and an increase in traffic accidents worldwide, are key drivers anticipated to fuel the global market for liquid spray dressing. Increased demand for liquid spray dressings due to their benefits, such as non-invasiveness and quick wound healing, is anticipated to drive the liquid spray dressing market throughout the forecast period.
RESTRAINING FACTORS
"Pharmaceutical and Regulatory Requirements to Hinder Market Growth"
There are pharmaceutical and regulatory requirements that must be addressed despite the bright promise and recent advancements in liquid spray dressings. The amount of hydrophobic drug product and the number of biomolecules that can be integrated inside the wound dressings for delivery applications may be limited by the intrinsic hydrophilicity of hydrogels. Government laws, which serve as the process's capstone, may also restrict the commercial accessibility of liquid spray dressings. Liquid spray dressings are subject to additional requirements since different cross-linking agents are used to stabilize the dressing materials.
Liquid Spray Dressing Market REGIONAL INSIGHTS
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"Increased Traffic Accidents to Propel Market Progress in North America"
With a 45.4% revenue share in 2020, North America dominated the liquid spray dressing market. A 5.6% annual increase is anticipated for the region during the projection period. The market for liquid spray dressing is expected to be driven by rising traffic accidents, sports injuries, and the existence of numerous major competitors in the area. The availability of sufficient qualified workers and a highly established healthcare infrastructure is also anticipated to fuel the market in the region throughout the forecast period.
KEY MARKET PLAYERS
"Market Players Focus on New Product Launches to Strengthen Market Position"
Leading players in the market are adopting various strategies to expand their presence in the market. These include R&D investments and the launch of new, technologically-advanced products in the market. Some companies are also adopting strategies such as partnerships, mergers, and acquisitions to strengthen their market position.
List of Market Players Profiled
- 3M (U.S.)
- Coloplast (Denmark)
- Smith & Nephew (U.K)
- ConvaTec (U.K)
- BSN Medical (Essity) (India)
- Urgo Group (France)
- Beiersdorf (Germany)
- B.Braun (Germany)
- Medline Industries, Inc. (U.S.)
- Hubei Cncun Medical Products (China)
REPORT COVERAGE
The report covers overall market aspects, including the market segmentation based on its type and application. The report depicts a diverse group of participants, including the market and potential market leaders. Major factors that are expected to drive major growth in the market. The factors anticipated to expand the market share are also included in the report to offer market insights. The estimated growth of the market in the forecast period is also included in the report. The regional analysis is completed to explain the region's dominance in the global market. The factors hindering the growth of the market are discussed in detail. The SWOT analysis of the market is depicted in the report. It contains all-inclusive market details.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 344.3 Million in 2022 |
Market Size Value By |
US$ 471.63 Million by 2031 |
Growth Rate |
CAGR of 3.2% from 2022 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the liquid spray dressing market expected to touch by 2031?
Based on our research, the liquid spray dressing market is projected to touch USD 471.63 million by 2031.
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What CAGR is the liquid spray dressing market expected to exhibit by 2031?
The liquid spray dressing market is expected to exhibit a CAGR of 3.2 % by 2031.
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Which are the driving factors of the liquid spray dressing market?
The increased burned injuries and rise in demand for liquid spray dressing are the driving factors of the liquid spray dressing market.
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Which are the top companies operating in the liquid spray dressing market?
3M, Coloplast, Smith & Nephew, ConvaTec, BSN Medical (Essity), Urgo Group, Beiersdorf, B.Braun, Medline Industries, Inc., and Hubei Cncun Medical Products are the top companies operating in the market.