According to the research report titled ‘Global Wound Dressing Powder Market Size study, by Type (Bagged, Bottled) by Application (Drugstore, Online Sales) and Regional Forecasts 2020-2027’, global wound dressing powder market is expected to grow substantially over 2020-2027.
 

For the record, wound dressing powder is a topical non-prescription powder with primary constituents being potassium ferrate and hydrophilic polymer. The powder is mainly used for treating accident cases and injuries, since it helps in stopping the bleeding by covering the wounds.
 

Rising awareness regarding first-aid kits coupled with the increasing utilization of wound dressing powder in these kits are major factors driving the growth of global wound dressing powder market.
 

Moreover, increasing amount of road traffic injuries along with rising number of surgeries which use the product for enhancing skin treatment are positively impacting the overall market outlook. In fact, The National Center for Health Statistics and CDC states over 200 million surgeries are carried out in hospitals annually. On the contrary, the expansion of global wound dressing powder market is likely to be hampered due to easy availability of alternative products.
 

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Based on type, global wound dressing powder market is split into bottled and bagged. With regards to the application spectrum, the market is divided into online sales and drugstores.
 

Elaborating on the regional analysis, global wound dressing powder market is segmented into Latin America, North America, Asia-Pacific, Europe, and rest of the world. The country-level fragmentation of the market includes Mexico, Brazil, South Korea, Australia, Japan, India, China, rest of Asia-Pacific, Italy, Spain, France, Germany, United Kingdom, rest of Europe, U.S., and Canada.
 

Industry experts claim that North America accounts for most of the revenue share of global wound dressing powder market and is expected to showcase similar growth in the ensuing years. Increasing number of surgeries and rising consumer awareness towards wound dressing powder are fueling the growth of the regional market.
 

Alternatively, wound dressing powder market in Asia-Pacific is projected to register the highest CAGR over 2020-2027, owing to increasing geriatric as well as general population.
 

The key participants of worldwide wound dressing powder market include Acme United Corporation, DeRoyal Industries Inc., Biolife LLC, H&H Group, and Celox among others.