April 13, 2024
Dental Wound Dressings Market

The Dental Wound Dressings Market is trending towards improved wound management by 2030

The dental wound dressings market comprises products that help manage wound healing after dental procedures such as tooth extractions, dental surgeries, and gum flaps. Dental wound dressings aid in preventing infections, absorbing blood and secretion from wounds, and promote faster healing. Growing adoption of innovative wound care solutions and increasing number of dental procedures are propelling the demand for advanced wound dressings.

The Global Dental Wound Dressings Market is estimated to be valued at US$ 24.77 Bn in 2024 and is expected to exhibit a CAGR of 9.7% over the forecast period 2024 to 2030.

Key players operating in the dental wound dressings market include CEB, SHL, Cognizant, IBM Corporation, Pearson PLC, Mercer LLC, Deloitte, Korn Ferry, PwC, Prometric, DDI (Development Dimensions International), Mettl, and Cubiks.

Key Takeaways
Key players: CEB, now part of Gartner, is a leading global HR consulting and assessment firm. SHL leads the market in online assessment services.

Growing demand: Increasing number of dental procedures and adoption of advanced wound management solutions are fueling the market growth. Rise in edentulous population and growth in dental tourism are further driving the demand.

Global expansion: Major players are expanding their footprint through mergers and acquisitions to strengthen their global distribution networks and service offerings. Market leaders are also focusing on emerging markets in Asia Pacific and Latin America with rapid economic development.

Market key trends
Online assessments are gaining popularity in the HR industry with the ability to evaluate large number of candidates within short timeframes and at lower costs compared to conventional testing methods. Major assessment providers are continuously enhancing their online assessment portfolios with advanced psychometric techniques to test cognitive abilities and personal characteristics of candidates effectively.

Porter’s Analysis

Threat of new entrants: The Dental Wound Dressings Market has moderate threat as new entrants need to have specialized knowledge and expertise in manufacturing sterile, absorbent wound dressings suitable for healing wounds inside the oral cavity.

Bargaining power of buyers: Individual consumers have low bargaining power as they don’t purchase in bulk, but hospitals and dental clinics have moderate bargaining power due to bulk purchasing.

Bargaining power of suppliers: Large manufacturing companies have high bargaining power as there are few suppliers that can produce specialty dental wound dressings. Smaller suppliers have moderate power.

Threat of new substitutes: There exists low threat from new substitutes as dental wound dressings need to be specifically designed and optimized for oral wounds to promote healing while keeping the area clean and moist.

Competitive rivalry: The market has high competitive rivalry due to presence of few large players and several smaller regional players competing on quality, cost and innovation.

Geographical regions

North America holds the largest market share currently owing to high demand and hospital infrastructure. The United States accounts for the majority value share within the region.

Asia Pacific is poised to be the fastest growing region during the forecast period due to increasing dental visits, growing medical tourism and rising healthcare expenditure in countries such as China and India.

Geographical regions

North America holds the largest market share currently owing to high demand and hospital infrastructure. The United States accounts for the majority value share within the region.

Asia Pacific is poised to be the fastest growing region during the forecast period due to increasing dental visits, growing medical tourism and rising healthcare expenditure in countries such as China and India.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it