Global hydrocolloid market was estimated at $760MB in 2017 across the 39 markets covered in this report. By the end of the forecast period in 2024, GlobalData estimates the market will grow to approximately $1B at a Compound Annual Growth Rate (CAGR) of 4.2%.

The table below provides an overview of the global hydrocolloid dressing market during the forecast period from 2017-2024

Key drivers of the hydrocolloid market in the forecast period are:

• The growing prevalence of chronic wounds and acute burn injuries.
  
• Wounds with necrotic or granulating tissue.
  
• Use of hydrocolloids as occlusive advanced wound dressings.
  
• Partial and full-thickness wounds with low-moderate exudates.