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IV Dressing Market Share

Report ID: GMI9116
Published Date: Apr 2024
Report Format: PDF

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IV Dressing Market Share

The IV dressing sector is competitive in nature, with a mix of major global and smaller to medium-sized companies competing for market share. A pivotal aspect of market strategy involves the continual introduction of innovative products leveraging diverse technologies. Notably, prominent industry players command considerable influence in this dynamic landscape, often driving forward advancements through substantial investments in research and development. Additionally, strategic alliances, acquisitions, and mergers are instrumental in fortifying market positions and expanding global footprint amidst evolving regulatory landscapes.

IV Dressing Market Companies

Some of the eminent market participants operating in the IV dressing industry include:

3M Company
Cardinal Health, Inc.
Covalon Technologies Ltd.
DermaRite Industries, LLC.
DeRoyal Industries, Inc.
Lohmann & Rauscher GmbH & Co. KG
McKesson Corporation
Medline Industries, LP.
Mölnlycke Health Care AB
Paul Hartmann AG
Richardson Healthcare, Inc.
Smith & Nephew plc

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

IV dressing market size was USD 830.6 million in 2023 and is expected to register 5.5% CAGR from 2024-2032 owing to the rising prevalence of chronic diseases such as diabetes, cardiovascular diseases, and cancer worldwide.

The transparent segment recorded USD 970.8 million in 2023 due to the improved visibility offered by transparent dressings, allowing for easy monitoring of wound sites without removal, thereby enhancing patient care.

North America IV dressing industry held 40.8% share in 2023 and is expected to register a commendable CAGR from 2024-2032 due to the a well-established healthcare infrastructure with substantial investments in medical facilities and equipment in the region.

3M Company, DeRoyal Industries, Inc., Lohmann & Rauscher GmbH & Co. KG, McKesson Corporation, Medline Industries, LP., Mölnlycke Health Care AB, Paul Hartmann AG, Richardson Healthcare, Inc., and Smith & Nephew plc, are some of the major IV dressing companies worldwide.