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| Global Dental Wound Dressings Market |
The global Dental Wound Dressings Market is estimated to be valued at US$ 21.5 Bn in 2023 and is expected to
exhibit a CAGR of 5.9% over the
forecast period 2023 to 2030, as highlighted in a new report published by
Coherent Market Insights.
Market Overview:
Dental wound dressings are used to cover and protect wounds and cuts in the mouth
post any dental procedure or surgery. These dressings help promote wound
healing by removing debris, absorbing wound fluid, and providing a protective
barrier. Common types of dental wound dressings include dental bandages, gauze,
and collagen. With the growing number of people undergoing procedures such as
dental implants, root canals, dental extractions etc., the demand for effective
post-procedure wound dressings is increasing substantially. Dental wound
dressings assist in pain management and prevent infection during recovery.
Market key trends:
One of the key trends in the Global
Dental Wound Dressings Market is the growing preference for advanced
wound dressings. Manufacturers are focusing on developing innovative dressings
that promote faster healing. For instance, collagen-based dressings help
accelerate blood clotting and tissue regeneration. Similarly, antimicrobial
dressings prevent infection by releasing drugs at the wound site. With rising
awareness about advanced wound management, the demand for such high-performance
dental wound dressings is expected to increase significantly over the forecast
period. Additionally, increasing availability of affordable generic versions of
popular dressings in developing regions is also expected to support the market
growth.
Porter’s Analysis
Threat of new entrants: The dental wound dressings market requires substantial
infrastructure investment, regulatory requirements and manufacturing expertise.
These high entry barriers limit the threat of new entrants.
Bargaining power of buyers: Large buyers like hospitals and dental clinics can
negotiate lower prices from suppliers due to their high purchase volumes.
However, specific product requirements limit their bargaining power.
Bargaining power of suppliers: A few major players dominate the supply of key
materials for dental wound dressings like collagen. This enables them to
influence pricing but competitive pressures restrict excessive price rise.
Threat of new substitutes: No cost-effective or widely available substitutes
currently exist for dental wound dressings. Potential substitutes are unlikely
to pose major threats in the forecast period.
Competitive rivalry: The global dental wound dressings market is moderately
fragmented with the presence of tier-1 and mid-sized manufacturers. Product
differentiation and innovation lead to high competitive rivalry.
Key Takeaways
The global dental wound dressings market is expected to witness high growth,
exhibiting CAGR of 5.9% over the
forecast period, due to increasing incidence of dental injuries and surgical
procedures. The market size for 2023 is US$
21.5 Bn.
North America dominates the global dental wound dressings market, owing to
rising dental expenditure in the region. Europe holds a significant share due
presence of major players. However, Asia Pacific is expected to exhibit fastest
growth due to growing medical tourism and rising awareness on dental care.
Key players operating in the dental wound dressings market include Sabra
Dental, Collagen Matrix, Cologenesis Healthcare Pvt. Ltd., Novabone, and Kerr
Dental. Major players are focused on gaining approvals for advanced dressings
and expanding geographical presence through partnerships and acquisitions.