Market Size of Global Gauze Swabs Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 5.30 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Gauze Swab Market Analysis
The gauze swabs market is expected to register a CAGR of 5.3% over the forecast period.
The COVID-19 outbreak impacted the healthcare sector as well as the gauze swabs market since hospitals and healthcare services were reduced due to social distancing measures taken by governments worldwide during the initial phase. The COVID-19 pandemic greatly impacted the functioning of general hospital care for non-COVID-19 patients globally. According to an article published by the American Journal of Managed Care in September 2021, a significant percentage of patients with chronic wounds delayed preventative and emergent wound care during the COVID-19 pandemic. Such delays impacted the growth of the market adversely. However, in the post-pandemic scenario, surgical procedures are normally taking place. Thus, the market is expected to have stable growth during the forecast period of the study.
The major factors responsible for the market's growth are cost-effective, skin-friendly gauze swabs and technological advancements in wound care. Moreover, factors such as increasing road, household, and sports accidents requiring gauze swabs are driving the market to a certain extent. For instance, as per the study published by PubMed in May 2021, the average injury rate was found to be 2.64 per 1000 in Spain. Three contact sports presented the highest injury rate: soccer (7.21), judo (4.82), and basketball (4.31).
Moreover, according to an article published by PubMed Central in July 2022, a study was conducted in Ethiopia which showed that out of 354 victims of road traffic accidents, fracture was the most common one with 71.1% prevalence, particularly lower limb fracture (42.1%). The article also stated that more than half victims (59.5%) had open wounds, and that 51.8% of the people experienced road traffic accidents while crossing or walking along the way.
The high cost of dressings is the major factor that is expected to impede the market's growth over the forecast period.
