CHG Dressing Market Size to Surpass USUS$ 1.5 Billion by 2033

It is projected that the chlorhexidine gluconate (CHG) dressing market would yield US$ 952.1 million by 2023. Over the course of the projected period, the market is expected to rise at a 4.4% CAGR, reaching US$ 1.5 billion by 2033. Two major factors propelling the chlorhexidine gluconate dressing market are the growth of emerging markets and technical developments in wound care.

Continuous advances in wound care technology, such as the development of novel dressing materials and delivery methods, are likely to improve the efficacy and use of chlorhexidine gluconate dressing. These advances have the potential to boost market expansion by broadening its uses and improving patient outcomes.

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The healthcare industries of emerging nations, notably those in Asia-Pacific and Latin America, are expanding rapidly. Increased investments in healthcare infrastructure, rising disposable incomes, and expanding knowledge of advanced wound care are all expected to contribute to the growth of the chlorhexidine gluconate dressing market in these areas.

The acceptance and use of chlorhexidine gluconate dressing can be strongly influenced by the formulation of guidelines and protocols by healthcare authorities and organisations. The need for chlorhexidine gluconate dressing may increase as regulatory authorities emphasize infection control and standardize wound care practices.

The industry is expanding as a result of hospitals performing an increasing number of surgical operations. Clinical situations involving surgical infections are challenging and complex. As the skin's surface is thought to be a possible source of germs, it is crucial to clean and prepare the skin before surgery. Currently, the most used skin preparation agent in healthcare settings is chlorhexidine gluconate solution. Additionally, the most typical hospital acquired infections in patients having surgery are caused by surgical site infections. Patients who develop surgical site infections stay in hospitals for longer periods of time and are far more likely to require intensive care unit (ICU) treatment, which drives up costs.

Key Takeaways:

The chlorhexidine gluconate dressing industry in the United States is predicted to reach US$ 401.3 million by 2033, increasing at a 4.5% CAGR.
The chlorhexidine gluconate dressing industry in the United Kingdom is estimated to reach a market size of US$ 36.6 million, expanding at a CAGR of 3.9% by 2033.
During the forecast period, the chlorhexidine gluconate dressing industry in China is expected to reach a market value of US$ 168.0 million, securing a 5.6% CAGR.
The chlorhexidine gluconate dressing industry in Japan is predicted to reach US$ 118.2 million by 2033, increasing at a 5.4% CAGR.
South Korea's chlorhexidine gluconate dressing industry is predicted to achieve a market share of US$ 37.5 million, rising at a 5.0% CAGR during the forecast period.
With a CAGR of 4.1% from 2023 to 2033, the CHG-impregnated gauze dressings segment is expected to dominate the chlorhexidine gluconate dressing industry.
With a CAGR of 4.7% from 2023 to 2033, the Surgical Site Infection (SSIs) dominate the chlorhexidine gluconate dressing industry.
With a CAGR of 4.3% from 2023 to 2033, the hospital is expected to dominate the chlorhexidine gluconate dressing industry.

How Does the Competition Look in the Chlorhexidine Gluconate Dressing Market?

The chlorhexidine gluconate dressing sector is a very competitive one, with many firms fighting for market share. Several significant participants in this industry comprise The 3M Company, Johnson & Johnson, Avery Dennison Corporation, Covalon Technologies Ltd., Zheijiang Hongyu Medical Commodity Co., Ltd., Becton Dickenson & Company, Medline Industries, Cardinal Health, Integra LifeSciences, Smith & Nephew, B Braun melsungen AG among other companies.

The major businesses are heavily spending in R&D efforts to create innovative and inventive goods with enhanced effectiveness, dependability, and affordability. They are also focusing on expanding their product line and strengthening their distribution methods in order to fulfil shifting consumer expectations.

Tactical alliances and partnerships with other companies are becoming more common in the industry, allowing parties to leverage one another's strengths and expand their market influence.

Leading firms use consolidation and mergers to strengthen their market position and gain entry into new markets. The sector is expanding significantly in developing economies, particularly in India and China.

To boost their presence in these regions, major companies are expanding their distribution networks and building regional manufacturing sites. They are also concentrating on offering cost-effective solutions to customers in these markets in order to get a competitive advantage.

Key Players:

The 3M Company
Johnson & Johnson
Avery Dennison Corporation
Covalon Technologies Ltd.
Zheijiang Hongyu Medical Commodity Co., Ltd.
Becton Dickenson & Company
Medline Industries
Cardinal Health
Integra LifeSciences
Smith & Nephew
B Braun melsungen AG

Key Developments in the Chlorhexidine Gluconate Dressing Market:

On March 17, 2022, Chlorhexidine Gluconate (CHG), the top antiseptic on the market, was used by Cardinal Health to introduce the first surgical incise drape.
ON, Nov. 21, 2022, in a two-year quality improvement study recently released by Intermountain Primary Children's Hospital, Covalon Technologies Ltd. reported that their SurgiClear dressing was a critical component of an infection prevention bundle that drastically decreased surgical wound infections.

Chlorhexidine Gluconate Dressing Market Segmentation:

By Dressing type: